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The Global Cutting Equipment, Accessories & Consumables Market is expected to reach $12.23 billion by 2027 growing at a CAGR of 6.4% from 2020 to 2027. Cutting equipment is the backbone of any manufacturing industry, and the related accessories and consumables are frequently required to maintain consistent production. Cutting equipment or cutting tool or a cutter, in the context of machining, could be any tool that is used to remove any material from a workpiece through means of shear deformation. Factors such as the growing automobile industry, growth in demand from the end-use industries and rapid industrialization in the emerging economies are driving the growth of the market. However, cost factors and technical know-how issues are restraining the growth of the market. Based on the technology, the plasma cutting segment is going to have a lucrative growth during the forecast period as plasma is a widely used technology and due to the benefit of using plasma to produce high-quality cuts at a shorter preparation time has propelled their demand as an indispensable industrial tool. Heavy equipment fabrication usage of plasma cutting is the main reason for its growth. The key vendors mentioned are Messer Group GmbH, Linde AG, Matheson Tri-Gas, Inc., Cavagna Group, Colfax Corporation, Lincoln Electric Company, Illinois Tool Works Inc., Air Liquide, Fronius International GMBH, Arco Welding Supply Co., Inc., Schneider Electric, Ador Welding Ltd., Tool Works, OMAX Corporation and Hypertherm, Inc. Technologies Covered: • Plasma Cutting • Water Jet Cutting • Oxy-Fuel Cutting • Laser Cutting • Carbon Arc Cutting • Flame Cutting Equipments Covered: • Mechanized • Manual Accessories Covered: • Gas Manifolds • Flow Controllers • Gas Panels • Gas Cabinets • Gas Regulators • Check Valves • Gas Flow Meters • Gas Filters Consumables Covered: • Oxy-Fuel Gases • Shielding Gases End Users Covered: • Construction • Power Industry • Maintenance & Repair • Automotive • Structural • General Metal Fabrication • Heavy Fabrication • Shipbuilding • Offshore • Pipe Mill & Pipeline Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cutting Equipment, Accessories & Consumables Market, By Technology
5.1 Introduction
5.2 Plasma Cutting
5.3 Water Jet Cutting
5.4 Oxy-Fuel Cutting
5.5 Laser Cutting
5.6 Carbon Arc Cutting
5.7 Flame Cutting
6 Global Cutting Equipment, Accessories & Consumables Market, By Equipment
6.1 Introduction
6.2 Mechanized
6.3 Manual
7 Global Cutting Equipment, Accessories & Consumables Market, By Accessories
7.1 Introduction
7.2 Gas Manifolds
7.3 Flow Controllers
7.4 Gas Panels
7.5 Gas Cabinets
7.6 Gas Regulators
7.7 Check Valves
7.8 Gas Flow Meters
7.9 Gas Filters
8 Global Cutting Equipment, Accessories & Consumables Market, By Consumables
8.1 Introduction
8.2 Oxy-Fuel Gases
8.3 Shielding Gases
9 Global Cutting Equipment, Accessories & Consumables Market, By End User
9.1 Introduction
9.2 Construction
9.3 Power Industry
9.4 Maintenance & Repair
9.5 Automotive
9.6 Structural
9.7 General Metal Fabrication
9.8 Heavy Fabrication
9.9 Shipbuilding
9.10 Offshore
9.11 Pipe Mill & Pipeline
10 Global Cutting Equipment, Accessories & Consumables Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
12.1 Messer Group GmbH
12.2 Linde AG
12.3 Matheson Tri-Gas, Inc.
12.4 Cavagna Group
12.5 Colfax Corporation
12.6 Lincoln Electric Company
12.7 Illinois Tool Works Inc.
12.8 Air Liquide
12.9 Fronius International GMBH
12.10 Arco Welding Supply Co., Inc.
12.11 Schneider Electric
12.12 Ador Welding Ltd.
12.13 Tool Works, OMAX Corporation
12.14 Hypertherm, Inc.
List of Data Tables
1 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Region (2019-2027) ($MN)
2 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
3 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Plasma Cutting (2019-2027) ($MN)
4 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Water Jet Cutting (2019-2027) ($MN)
5 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Oxy-Fuel Cutting (2019-2027) ($MN)
6 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Laser Cutting (2019-2027) ($MN)
7 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Carbon Arc Cutting (2019-2027) ($MN)
8 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Flame Cutting (2019-2027) ($MN)
9 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
10 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Mechanized (2019-2027) ($MN)
11 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Manual (2019-2027) ($MN)
12 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
13 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Manifolds (2019-2027) ($MN)
14 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Flow Controllers (2019-2027) ($MN)
15 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Panels (2019-2027) ($MN)
16 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Cabinets (2019-2027) ($MN)
17 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Regulators (2019-2027) ($MN)
18 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Check Valves (2019-2027) ($MN)
19 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Flow Meters (2019-2027) ($MN)
20 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Gas Filters (2019-2027) ($MN)
21 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
22 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Oxy-Fuel Gases (2019-2027) ($MN)
23 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Shielding Gases (2019-2027) ($MN)
24 Global Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)
25 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Construction (2019-2027) ($MN)
26 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Power Industry (2019-2027) ($MN)
27 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Maintenance & Repair (2019-2027) ($MN)
28 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Automotive (2019-2027) ($MN)
29 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Structural (2019-2027) ($MN)
30 Global Cutting Equipment, Accessories & Consumables Market Outlook, By General Metal Fabrication (2019-2027) ($MN)
31 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Heavy Fabrication (2019-2027) ($MN)
32 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Shipbuilding (2019-2027) ($MN)
33 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Offshore (2019-2027) ($MN)
34 Global Cutting Equipment, Accessories & Consumables Market Outlook, By Pipe Mill & Pipeline (2019-2027) ($MN)
35 North America Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
36 North America Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
37 North America Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
38 North America Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
39 North America Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)
40 Europe Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
41 Europe Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
42 Europe Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
43 Europe Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
44 Europe Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)
45 Asia Pacific Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
46 Asia Pacific Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
47 Asia Pacific Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
48 Asia Pacific Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
49 Asia Pacific Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)
50 South America Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
51 South America Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
52 South America Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
53 South America Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
54 South America Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)
55 Middle East & Africa Cutting Equipment, Accessories & Consumables Market Outlook, By Technology (2019-2027) ($MN)
56 Middle East & Africa Cutting Equipment, Accessories & Consumables Market Outlook, By Equipment (2019-2027) ($MN)
57 Middle East & Africa Cutting Equipment, Accessories & Consumables Market Outlook, By Accessories (2019-2027) ($MN)
58 Middle East & Africa Cutting Equipment, Accessories & Consumables Market Outlook, By Consumables (2019-2027) ($MN)
59 Middle East & Africa Cutting Equipment, Accessories & Consumables Market Outlook, By End User (2019-2027) ($MN)