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United States Cutting Machine and Equipment - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

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    Report

  • 150 Pages
  • July 2026
  • Region: United States
  • Mordor Intelligence
  • ID: 6260860
The united states cutting machine and equipment market size was valued at USD 5.41 billion in 2025 and is estimated to grow from USD 5.57 billion in 2026 to reach USD 6.46 billion by 2031, at a CAGR of 3.01% during the forecast period (2026-2031). This report is Segmented by Application (Sheet Metal, Plate, Tube & Pipe, and More), by Technology (Laser, Plasma, Waterjet, and More), by Automation Level (Manual, Semi-Automated, and Robotic/Fully-automated), by End-User Industry (Automotive, Aerospace & Defense, Electrical & Electronics, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

United States Cutting Machine and Equipment Market Trends and Insights

Reshoring and Domestic Manufacturing Expansion

Federal industrial policy has turned reshoring into a structural demand driver in the United States cutting machine and equipment market. The MEP National Network had 44 active domestic supplier-scouting opportunities open in March 2026, indicating that OEM demand remained ahead of available domestic sub-tier capacity. That imbalance is encouraging new Tier 2 and Tier 3 suppliers, job shops, and regional fabricators to commission cutting systems closer to OEM sourcing hubs. Manufacturing USA reported that its 17 institutes invested USD 540 million in FY 2023 across advanced manufacturing programs focused on automation, digital manufacturing, and materials processing, supporting process development and equipment use at scale-up stages. Buy American compliance requirements in federal contracts are further reinforcing domestic processing activity and expanding the operating base for equipment installed within the United States cutting machine and equipment market.

Growth in Aerospace, Defense, and Automotive Production

Aerospace, defense, and automotive output continue to create a durable demand base for the United States cutting machine and equipment market. The United States aerospace and defense sector generated more than USD 995 billion in total business activity in 2024, contributed USD 443 billion in economic value, and produced USD 138.6 billion in exports, making it the only United States manufacturing sector with a net-positive trade balance. The FY 2026 reconciliation act designated USD 21.6 billion for space-focused defense projects, including USD 13.8 billion for the Space Force (The United States Space Force is the sixth and newest branch of the United States Armed Forces), which supports demand for precision-cut propulsion and structural components. A 2025 study by AIA (Aerospace Industries Association) and Kearney found that nearly 60% of United States aerospace and defense companies are exploring domestic supply chain localization, and 15% are already taking concrete action. This combination is sustaining demand for fiber laser and precision abrasive waterjet systems that can process titanium, Inconel, and composites at production scale. At the same time, automotive fabrication continues to add volume even under tariff-related pressure.

High Equipment Acquisition and Installation Costs

High acquisition and installation costs remain a direct restraint on the United States cutting machine and equipment market, especially for small and medium fabricators. The Federal Reserve stated in April 2025 that firms are most likely to delay large irreversible capital expenditures during periods of elevated uncertainty, which directly applies to cutting system purchases in the USD 200,000 to USD 1 million range. The 25% Advanced Manufacturing Investment Credit under the CHIPS and Science Act only partly offsets this burden because it is limited to semiconductor-adjacent manufacturing and does not cover the broader metal fabrication base. Retrofitting existing plants for robotic cutting cells also requires structural modifications, compliant enclosures, and ventilation systems, which can add 15% to 30% to the base system cost before production starts. ANSI (American National Standard Institute) Z136 laser safety compliance and related training requirements add another layer of overhead that smaller operators often struggle to manage efficiently.

Other drivers and restraints analyzed in the detailed report include:

  • Increasing Adoption of Automated CNC Cutting Systems
  • Rising Demand for High-Precision Fiber Laser Cutting
  • Shortage of Skilled Machine Operators

Segment Analysis

Sheet Metal accounted for 41.2% of the United States cutting machine and equipment market share in 2025, which made it the largest application segment. Its lead came from broad demand across HVAC systems, electrical enclosures, automotive body panels, appliance housings, and construction cladding. This broad industrial use keeps utilization high because thin-gauge metal processing is required across many fabrication settings. Plate cutting also remained important in heavy equipment, energy, and structural fabrication, where project cycles support steady equipment demand.

Tube & Pipe is projected to grow at a 3.8% CAGR from 2026 to 2031, making it the fastest-growing application in the United States cutting machine and equipment market outlook. Growth is being supported by pipeline activity, renewable energy support structures, hydrogen transport systems, and automotive chassis designs that use more tubular steel. TRUMPF’s March 2026 launch of the TruLaser Tube 7000 in North America reflected continued OEM confidence in tube-processing demand and higher-throughput laser applications. Structural steel and specialty materials also remain relevant because reshoring-led factory construction and defense-linked fabrication continue to support varied cutting requirements.

Laser held 44.3% of the United States cutting machine and equipment market share in 2025, making it the largest technology segment. Its position reflects strong use across sheet metal, tube, precision parts, and hot-formed components where speed, cut quality, and digital control matter. Laser systems also benefit from lower consumable intensity and better integration with connected CNC environments than many legacy alternatives. NIST identified laser processing as a critical enabling technology within the national advanced manufacturing framework, underscoring its long-term role in industrial production.

Laser is also the fastest-growing technology segment, projected to expand at a 4.2% CAGR from 2026 to 2031. This growth reflects continued replacement of CO₂ systems and broader adoption in applications that require precision, energy efficiency, and higher throughput. TRUMPF stated in May 2026 that its X-Blast 2.0 solution can reduce component costs by up to 20% in automotive hot-forming applications, which shows how laser suppliers are deepening their role in production workflows. Plasma, waterjet, flame, and emerging technologies still retain important roles in thick materials, thermally sensitive substrates, and niche fabrication environments.

Complete Report Scope:

  • By Application
    • Sheet Metal
    • Plate
    • Tube & Pipe
    • Structural Steel
    • Others
  • By Technology
    • Laser
      • Fiber
      • CO₂
      • Others
    • Plasma
      • High-definition
      • Conventional
    • Water-Jet
      • Abrasive
      • Pure
    • Flame/Oxy-fuel
    • Ultrasonic & Emerging
  • By Automation Level
    • Manual
    • Semi-automated
    • Robotic/Fully-automated
  • By End-User Industry
    • Automotive
    • Aerospace & Defense
    • Electrical & Electronics
    • Construction & Infrastructure
    • Metal-Fabrication Job Shops
    • Shipbuilding
    • Energy & Power
    • Others (Medical Devices, etc.)

List of Companies Covered in this Report:

  • Hypertherm Associates
  • Lincoln Electric Holdings, Inc.
  • Flow International Corporation
  • Bully Dog Cutting Systems
  • Miller Electric Mfg. LLC
  • Koike Aronson, Inc.
  • ESAB Corporation
  • TRUMPF Inc.
  • Bystronic Inc.
  • Mazak Corporation
  • AKS Cutting Systems, Inc.
  • KMT Waterjet Systems Inc.
  • Hornet Cutting Systems
  • Messer Cutting Systems, Inc.
  • Jet Edge Inc.
  • Epilog Laser
  • Cincinnati Incorporated
  • Thermal Dynamics Corporation
  • MultiCam Inc.
  • ShopSabre CNC

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

Table of Contents

1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study
2 Research Methodology3 Executive Summary
4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Reshoring and Domestic Manufacturing Expansion
4.2.2 Growth in Aerospace, Defense, and Automotive Production
4.2.3 Increasing Adoption of Automated CNC Cutting Systems
4.2.4 Rising Demand for High-Precision Fiber Laser Cutting
4.2.5 Investments in Smart Manufacturing and Industry 4.0
4.2.6 Growing Demand for Customized Metal Fabrication
4.3 Market Restraints
4.3.1 High Equipment Acquisition and Installation Costs
4.3.2 Shortage of Skilled Machine Operators
4.3.3 High Maintenance and Operating Expenses
4.3.4 Volatility in Industrial Manufacturing Investments
4.4 Value / Supply-Chain Analysis
4.4.1 Raw Material & Critical Component Ecosystem
4.4.2 OEM Manufacturing & System Integration
4.4.3 Distribution, Channel Partners & Aftermarket Network
4.4.4 End-User Adoption & Lifecycle Value Creation
4.5 Regulatory Landscape
4.6 Technological Outlook & Innovation Investment Landscape
4.6.1 CNC Automation & Smart Cutting Technology
4.6.2 Plasma Cutting Technology
4.7 Global Manufacturing-Sector Snapshot
4.8 Pricing Analysis
4.8.1 Average Selling Price (ASP) Benchmarking of Key Market Participants
4.8.2 Average Selling Price (ASP) Analysis, by Automation Level
4.8.3 Average Selling Price (ASP) Analysis, by Technology
4.9 Buying Criteria & Procurement Analysis
4.10 Porter's Five Forces Analysis - Industry Attractiveness Scoring
4.10.1 Threat of New Entrants
4.10.2 Bargaining Power of Suppliers
4.10.3 Bargaining Power of Buyers
4.10.4 Threat of Substitutes
4.10.5 Industry Rivalry
4.11 Impact of Geopolitical Events on the Market
5 Market Size & Growth Forecasts
5.1 By Application
5.1.1 Sheet Metal
5.1.2 Plate
5.1.3 Tube & Pipe
5.1.4 Structural Steel
5.1.5 Others
5.2 By Technology
5.2.1 Laser
5.2.1.1 Fiber
5.2.1.2 CO2
5.2.1.3 Others
5.2.2 Plasma
5.2.2.1 High-definition
5.2.2.2 Conventional
5.2.3 Water-Jet
5.2.3.1 Abrasive
5.2.3.2 Pure
5.2.4 Flame/Oxy-fuel
5.2.5 Ultrasonic & Emerging
5.3 By Automation Level
5.3.1 Manual
5.3.2 Semi-automated
5.3.3 Robotic/Fully-automated
5.4 By End-User Industry
5.4.1 Automotive
5.4.2 Aerospace & Defense
5.4.3 Electrical & Electronics
5.4.4 Construction & Infrastructure
5.4.5 Metal-Fabrication Job Shops
5.4.6 Shipbuilding
5.4.7 Energy & Power
5.4.8 Others (Medical Devices, etc.)
6 Competitive Landscape
6.1 Market Concentration
6.2 Strategic Moves
6.3 Market Share Analysis
6.4 Competitive Benchmarking Analysis
6.5 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)
6.5.1 Hypertherm Associates
6.5.2 Lincoln Electric Holdings, Inc.
6.5.3 Flow International Corporation
6.5.4 Bully Dog Cutting Systems
6.5.5 Miller Electric Mfg. LLC
6.5.6 Koike Aronson, Inc.
6.5.7 ESAB Corporation
6.5.8 TRUMPF Inc.
6.5.9 Bystronic Inc.
6.5.10 Mazak Corporation
6.5.11 AKS Cutting Systems, Inc.
6.5.12 KMT Waterjet Systems Inc.
6.5.13 Hornet Cutting Systems
6.5.14 Messer Cutting Systems, Inc.
6.5.15 Jet Edge Inc.
6.5.16 Epilog Laser
6.5.17 Cincinnati Incorporated
6.5.18 Thermal Dynamics Corporation
6.5.19 MultiCam Inc.
6.5.20 ShopSabre CNC
7 Market Opportunities & Future Outlook
7.1 White-Space & Unmet-Need Assessment

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Hypertherm Associates
  • Lincoln Electric Holdings, Inc.
  • Flow International Corporation
  • Bully Dog Cutting Systems
  • Miller Electric Mfg. LLC
  • Koike Aronson, Inc.
  • ESAB Corporation
  • TRUMPF Inc.
  • Bystronic Inc.
  • Mazak Corporation
  • AKS Cutting Systems, Inc.
  • KMT Waterjet Systems Inc.
  • Hornet Cutting Systems
  • Messer Cutting Systems, Inc.
  • Jet Edge Inc.
  • Epilog Laser
  • Cincinnati Incorporated
  • Thermal Dynamics Corporation
  • MultiCam Inc.
  • ShopSabre CNC