Air Plasma Cutter Market Scope
A plasma cutting machine is used to cut steel and other metals of numerous shapes and sizes. Air plasma cutters are durable and easy to install. It is used in industries of automotive, manufacturing, power stations, railways, chemical and fertilizer plants, pharmaceuticals, and food processing equipment among others. Growing industrialization and automation will provide the impetus to the air plasma cutting market.
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Air Plasma Cutter market throughout the predicted period.
Automated Cutting Machinery (Canada), Hypertherm Inc. (United States), Hornet Cutting & Systems (United States), The Lincoln Electric Co. (United States), Miller Electric Mfg (United States), C&G Systems (United States), ESAB (Sweden), Kerf Developments (United Kingdom), Esprit Automation (United Kingdom) and Komatsu Limited (Japan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Nissan Tanaka (Japan), Messer Cutting Systems (India), Kjellberg Finsterwalde (Germany), SPIRO International (Switzerland), Electro Plasma Equipment Pvt. Ltd. (India) and Farley Laserlab (Australia).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Air Plasma Cutter market by Type (IGBT Inverter-based and Non-inverter Based), by Application (Automobile Industry, Metal Processing, Equipment Manufacturing and Others) and Region with country level break-up.
On the basis of geography, the market of Air Plasma Cutter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In 2016, ESAB, has launched the ESAB Cutmaster Series of portable air plasma cutting systems, which range in output from 20 to 120 amps and produce a recommended "quality" cut on material from 6 mm to 40 mm
Market Trend
- Adoption of Advanced IGBT Modular Inverter Technology
Market Drivers
- Growing Industrialization and Rapid Technological Developments
- Ease of Use, Cost-effective, and Flexibility
Opportunities
- Recent Technological Developments such as the Introduction of Plasma Systems That Can Pierce 3-In.-Thick Metal and Sever Metal in Excess of 6 In. in Thickness
Restraints
- High Operating Cost owing to Use of Consumables by Plasma Cutting
Challenges
- The requirement of High Maintainance
Key Target Audience
Air Plasma Cutter Manufacturers, Raw Material Suppliers, Traders/Exporters/Importers, Distributors, and Suppliers, End-use Industries and Others