Plasma cutting is a process that is used to cut conducting materials. This process is used predominantly in the steel industry. A plasma arc is generated inside the plasma torch. Based on the metal and the desired quality levels, gases such as nitrogen, argon, compressed air, and argon and hydrogen (65%+35%) are used as plasma gas. This cutting method is most widely used to cut aluminum, thick stainless steel, copper, and other alloys of steel. Even for ferrous materials like mild steel, the quality of cutting achieved through this method is sharp and highly economical. This cutting technology is gradually substituting the traditional oxy-fuel cutting for materials with thicknesses in the range of 0.5-50 mm.
Technavio’s analysts forecast the global plasma cutting machine market to grow at a CAGR of 6.03% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global plasma cutting machine market for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Plasma Cutting Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • AJAN ELEKTRONIK • Automated Cutting Machinery • C&G Systems • ERMAKSAN • Esprit Automation • HACO • Hornet Cutting Systems • JMTUSA • Kerf Developments • Kjellberg Finsterwalde • Koike Aronson • Miller Electric Mfg • MultiCam • SICK • SPIRO International • The Lincoln Electric Company • Voortman Steel Machinery • Wuhan Farley Laserlab Cutting Welding System Engineering • Würth
Market driver • Rise in automation • For a full, detailed list, view our report
Market challenge • Expense involved in routine maintenance • For a full, detailed list, view our report
Market trend • Integration of biochemistry with plasma cutting • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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