Cutting Equipment, Accessories & Consumables Market by Equipment (Manual, Mechanized), Accessories (Gas regulators, Gas filters,), Consumables (Shielding, Oxy-fuel Gases), Technology (Plasma, Oxy-fuel, Laser), End-Use - Global Forecast to 2021 Published: Aug 2016 No. Pages : 295
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Cutting Equipment Market: Global Forecast to 2021 “Growing construction industry, new orders in manufacturing industries and public expenditure from government to drive the market for cutting equipment, accessories, and consumables across the globe” The global market for cutting equipment, accessories, and consumables is projected to grow from USD 6.67 billion in 2016 to USD 8.27 billion by 2021, at a CAGR of 4.40%. Growth in the construction industry throughout the world, uptick of consumer spending, full capacity utilization of the manufacturers, and increase in automobile sales have played a huge role in providing the necessary momentum to the cutting equipment, accessories, and consumables market after the economic slowdown. “The mechanized cutting equipment segment holds a large market share and is expected to gain maximum traction during the forecast period” The mechanized cutting equipment segment is projected to be the fastest-growing segment in the cutting equipment, accessories, and consumables market, by equipment, for the next five years.
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Cutting Equipment Market: Global Forecast to 2021 “Asia-Pacific accounted for the largest market share in 2015” The market for cutting equipment, accessories, and consumables has been segmented on the basis of region into North America, Europe, Asia-Pacific, and RoW. Asia-Pacific accounted for the largest share of the total demand generated by the cutting equipment, accessories, and consumables market in 2015 because of the willingness of companies in the region to take up capital-intensive projects, along with the availability of technical expertise. The Asia-Pacific region is projected to be the fastest-growing market for cutting equipment, accessories, and consumables during the forecast period, owing to the rising economy and the rapid growth in the infrastructure sector. Breakdown of primaries: Primary interviews were conducted with a number of industry experts, in order to collect data related to different aspects of cutting equipment, accessories, and consumables. The distribution of primary interviews is as follows: By Company Type: Tier 1 – 31%, Tier 2 – 33%, and Tier 3 – 36% By Designation: C level – 18%, Director level – 44%, and Others – 38% By Region: North America – 20%, Europe – 16%, Asia-Pacific – 47%, and RoW – 17%
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Cutting Equipment Market: Global Forecast to 2021
The various suppliers of cutting equipment, accessories, and consumables and related products in the report are as Colfax Corporation. (U.S.), Lincoln Electric Company. (U.S.), Illinois Tool Works Inc. (U.S.), Air Liquide (France), BOC. (U.K.), GCE Holding AB (Sweden), Koike Aronson Inc. (U.S.), Fronius international GMBH (Austria), The Linde group (Germany), Messer group (Germany), Matheson trigas Inc. (U.S.), Bug-O (U.S.), Gentec (China), Muller (Germany), Afrox (South Africa), Cavagna group (Italy), Rotarex (Luxemburg), GasIQ (Sweden), Yildiz ( Istanbul), Hypertherm (U.S.). Complete report on Cutting Equipment, Accessories, and Consumables Market spread across 295 pages, profiling 18 companies and supported with 342 tables and 48 figures is now available at http://www.reportsnreports.com/reports/666347-cutting-equipment-accessories-consumablesmarket-by-equipment-manual-mechanized-accessories-gas-regulators-gas-filters-consumablesshielding-oxy-fuel-gases-technology-plasma-oxy-fuel-laser-end-use-global-forecast-to-2021.html
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Cutting Equipment Market: Global Forecast to 2021 Table of Contents 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Internet of Things in Cutting Industry 7 Cutting Equipment, Accessories, and Consumables Market, By Equipment Type 8 Cutting Accessories, and Consumables Market, By Product 9 Cutting Equipment, Accessories, and Consumables Market, By Technology Browse related reports at http://www.reportsnreports.com/market-research/chemicals
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Cutting Equipment Market: Global Forecast to 2021
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