GVR Report cover Plasma Cutting Machine Market Size, Share & Trends Report

Plasma Cutting Machine Market Size, Share & Trends Analysis Report By Application, By Product, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

  • Historical Range:
  • Forecast Period: 1 - 2025 
  • Industry: Research

The global plasma cutting machine market is projected to witness significant expansion in the forthcoming years. Integration with biochemistry is expected to drive the market during the forecast period. The availability of technologically advanced high-definition systems and rapid technological developments are expected to further fuel the growth.

Plasma cutting machine is used to cut steel and other metals of numerous shapes and sizes. It involves a plasma arc and a high-speed stream. A gas stream is passed and compressed and involves ionization and high power. Argon, hydrogen, nitrogen, and carbon dioxide are primarily used in this technique. Increasing industrial automation is projected to provide an impetus to the plasma cutting machine market. The necessity for automation has increased due to growth in demand for quality and quantity coupled with rapid rise in population and globalization.

Basic applications include cutting of gratings, bevel and hole, plasma gouging, among other applications. Bevel cutting is used to increase the surface area and to make the edges strong and secure the weld. Beveled edges are necessary for welding and in other assembly processes. Increased productivity, demands, and labor costs are important factors propelling the demand. The shortage of labor is another major factor that drives companies to opt for automated technologies to ensure better functioning. The technology has better accuracy and increased output. All these factors are expected to bode well for market growth.

Cutting of grating is used to cut structures, thinner materials, and to insulate materials. It can be used for cutting materials in different shapes or where high tolerance is required. Plasma gouging is used for removing electrically conductive materials. It is used to save time on primary or secondary grinding work. It is also used to reduce operator training time and to spot or weld for removal of body panels made of strong steel. Other applications include stack and shape cutting, piercing, to process sheet, and light plate metal parts, precision tolerance applications, sharpen clean corners, fine detailing, and straight edges. It can be used when high production rates are required. It can also be used when position accuracy is required.

Air and mixed-gas cutters can be some of the major products available in the market. Air plasma cutters are durable and easy to install. It is used in industries of automotive bodybuilding, power stations, railways, chemical and fertilizer plants, pharmaceuticals, food processing equipment, infrastructure, sheet metal fabrication, construction scrap cutting, and shipping industries among others. Mixed-gas plasma cutters are used as precision systems for the sharpest and highest cuts achievable due to high-quality plasma. Gases such as oxygen and nitrogen are used for conductive materials. These machines can handle thick steel or aluminum and is also used for durability and precision. They are used in the automotive industry for their quality and reliability in terms of precision.

Key players operating in the plasma cutting machine market include Hypertherm, Esab, Komatsu, Nissan Tanaka, and Messer Cutting systems, AJAN ELEKTRONIK, C&G Systems, SICK, Hornet Cutting & Systems, Kjellberg Finsterwalde, Farley Laserlab, Kerf Developments, JMTUSA, System Engineers Cutting & Welding Pvt. Ltd., Miller Electric Mfg, Esprit Automation, The Lincoln Electric Co., Automated Cutting Machinery, and SPIRO International.

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