Published by Persistence MarketResearch
Posted on October 7, 2021
4 min readLast updated: January 30, 2026
The cutting equipment market is set to grow significantly by 2025, driven by the automotive and construction sectors, despite challenges in technology adoption.
Persistence Market Research delivers key insights on the global cutting equipment and consumable/accessory market in its latest report titled ‘Cutting Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017 – 2025)’. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.
In the latest report by PMR on global cutting equipment market, the forecast has been revised until 2025. In 2017 was estimated to be US$ 3.6 Bn and is estimated to reach a value of over US$ 5 Bn by 2025 end. Owing to macro-economic growth factors (GDP, inflation, employment, spending) growth in the target market the market size has been revised for the entire forecast period.
A major factor driving the growth of the global cutting equipment market, in the present scenario, is strong growth of the automotive sector. Furthermore, growing constructional industry supported by global megatrend of urbanization is expected to boost the growth of the global market. Moreover, promising demand from oil & gas industry, along with growing demand for cutting products from renewable energy industry are some of the factors which are estimated to drive the growth of global cutting equipment market during the forecast period.
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However, the global cutting equipment market is expected to face some challenges. Slow adoption of advanced cutting technologies and high operating cost to remain detaining factor may impact the bargaining power of consumers. These are the factors that may impact the demand for cutting equipment, thus in turn is restricting the revenue growth of the global cutting equipment market.
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Cutting Equipment Market
Segmentation Analysis
The cutting equipment market is segmented by cutting technology into plasma, oxy-fuel, laser, waterjet, and carbon-arc
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The post Organized Healthcare Models To Be The Major Factor In The Growth Of The Cutting Equipment Market appeared first on Lake Shore Gazette.
The article discusses the growth factors of the global cutting equipment market, focusing on organized healthcare models and industry trends.
Key drivers include the automotive sector, construction industry, and demand from renewable energy sectors.
Challenges include slow adoption of advanced cutting technologies and high operating costs.
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