인도의 절단기 및 절단 장비 시장 : 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the India cutting machine and equipment market size is projected to expand from USD 1.46 billion in 2025 and USD 1.56 billion in 2026 to USD 2.24 billion by 2031, registering a CAGR of 7.48% between 2026 to 2031.

This report is Segmented by Application (Sheet Metal, Plate, Tube & Pipe, and More), by Technology (Laser, Plasma, Waterjet, and More), by Automation Level (Manual, Semi-Automated, and Robotic/Fully-automated), by End-User Industry (Automotive, Aerospace & Defense, Electrical & Electronics, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

India Cutting Machine and Equipment Market Trends and Insights

Growth in Domestic Manufacturing and Industrial Expansion

India's manufacturing base is expanding rapidly, creating new demand for industrial cutting systems. Machine tool production reached USD 1.7 billion in FY2024-25, while machine tool consumption reached USD 3.7 billion in the same year, setting a record for both measures. That demand pattern matters for the India cutting machine and equipment market because fabrication capacity is usually added before full production ramps up at end-user plants. The PLI program had generated production and sales worth USD 267 billion by March 2026 across 14 sectors, creating a larger base of anchor plants and supplier units that require cutting capability. The India cutting machine and equipment market is therefore drawing support from both direct factory investment and from the wider supplier ecosystems that form around those facilities.

Government Initiatives Supporting Manufacturing Localization

The manufacturing localization policy is supporting equipment demand through several linked channels in the India cutting machine and equipment market. The PLI program had attracted cumulative investments of USD 28.2 billion by March 2026, as per IMTMA, indicating that capital formation remains active in sectors that require fabrication and metal-processing equipment. This supports localized production needs more domestic fabrication lines, more precision processing, and tighter control over component lead times. Invest India also highlighted the role of machine tools, tool rooms, and advanced manufacturing support systems in strengthening the domestic capital goods base, which supports the case for locally supplied cutting systems. As a result, the India cutting machine and equipment market is being supported not only by equipment purchases but also by a policy environment that favors deeper domestic production capability.

High Cost of Advanced Cutting Machine and Equipment

High acquisition costs remain a clear barrier in the India cutting machine and equipment market, especially for small- and mid-sized fabricators. Advanced laser systems, automated plasma cells, and multi-axis CNC platforms require much larger capital commitments than many MSMEs can absorb in one cycle. This cost issue is not limited to the equipment itself; installation needs, gas systems, maintenance contracts, and operator training further raise total ownership costs. That is why a large part of the India cutting machine and equipment market still depends on a gradual upgrade path from manual or basic semi-automated systems to more advanced platforms. Even when demand conditions are strong, many buyers continue to delay purchases until utilization, financing, and service visibility become more certain.

Other drivers and restraints analyzed in the detailed report include:

1. Increasing Adoption of CNC and Automated Cutting Systems
2. Expansion of Automotive, Infrastructure, and Heavy Engineering Sectors
3. Dependence on Imported High-End Components

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Sheet metal held 42.6% of the India cutting machine and equipment market share in 2025, reflecting its central role across automotive, electrical enclosures, white goods, and solar structure fabrication. The segment benefits from broad industrial use rather than dependence on a single demand center, giving it a stable base in the India cutting machine and equipment market. Automotive production remains an important support, as body structures, brackets, panels, and enclosures rely on consistent sheet processing across multiple tiers of suppliers. The shift toward cleaner edge quality and fewer secondary finishing steps is also encouraging the use of more precise cutting systems in this application.

This lead position is reinforced by the simultaneous spread of industrial investments across several manufacturing categories. PLI-backed factory additions are expanding the number of plants that need repeatable sheet processing for production parts and supplier-side fabrication. Sheet metal is also easier to integrate into automated nesting, blanking, and line balancing workflows, which supports higher machine utilization. In contrast, structural steel is forecast to grow at a 9.1% CAGR through 2031, supported by strong infrastructure and project fabrication needs in transport and construction. The India cutting machine and equipment market is therefore seeing sheet metal remain the volume anchor, while structural steel is rising faster on the back of public and industrial project activity.

Laser accounted for 38.4% of the India cutting machine and equipment market in 2025 and is also projected to record the fastest CAGR of 10.4% through 2031. This position reflects the ongoing shift from older cutting formats to fiber laser platforms that offer greater efficiency, faster cutting, and broader material compatibility. In the India cutting machine and equipment market, this shift is especially relevant for buyers who process mixed materials and need tighter dimensional control. Laser systems are also gaining traction because they support cleaner production flow and can reduce the need for secondary finishing in many sheet applications.

The technology lead is becoming more visible as suppliers raise machine capability and power range. Amada began formal order acceptance in April 2026 for the new REGIUS-AJe, ENSIS-AJe, and VENTIS-AJe fiber laser series, including models up to 26 kW, indicating a broader push toward higher-performance laser platforms. Plasma remains relevant in thicker plate work where lower acquisition cost still matters, while waterjet serves heat-sensitive materials and specialty jobs. Flame and oxy-fuel continue to hold their place in heavy plate cutting, where speed and cost priorities differ from those in fine-precision applications. Even so, the India cutting machine and equipment market is clearly moving toward laser technology as the preferred technology in applications where throughput, precision, and energy efficiency carry greater weight.

Complete Report Scope:

• By Application
  • Sheet Metal
  • Plate
  • Tube & Pipe
  • Structural Steel
  • Others
• By Technology
  • Laser
    • Fiber
    • CO2
    • Others
  • Plasma
    • High-definition
    • Conventional
  • Waterjet
    • Abrasive
    • Pure
  • Flame / Oxy-fuel
  • Ultrasonic & Emerging
• By Automation Level
  • Manual
  • Semi-automated
  • Robotic / Fully-automated
• By End-User Industry
  • Automotive
  • Aerospace & Defense
  • Electrical & Electronics
  • Construction & Infrastructure
  • Metal-Fabrication Job Shops
  • Shipbuilding
  • Energy & Power
  • Others (Medical Devices, etc.)

List of Companies Covered in this Report:

1. Bharat Fritz Werner Limited
2. Jyoti CNC Automation Limited
3. Ace Micromatic Group
4. SLTL Group
5. Hindustan Machine Tools Limited
6. Electronica Group
7. Lancer Laser Tech Ltd.
8. Koike Aronson Ransome India Pvt. Ltd.
9. Sigma Mechotronics Pvt. Ltd.
10. HGTECH (HGLaser)
11. TRUMPF India Private Limited
12. Bystronic India Private Limited
13. Amada India Private Limited
14. Mazak India Private Limited
15. Hypertherm India Thermal Cutting Pvt. Ltd.
16. Messer Cutting Systems India Private Limited
17. Lincoln Electric India Private Limited
18. Ador Welding Limited
19. Prima Power India Pvt. Ltd.
20. Mitsubishi Electric India Pvt. Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Growth in Domestic Manufacturing and Industrial Expansion
  • 4.2.2 Government Initiatives Supporting Manufacturing Localization
  • 4.2.3 Increasing Adoption of CNC and Automated Cutting Systems
  • 4.2.4 Expansion of Automotive, Infrastructure, and Heavy Engineering Sectors
  • 4.2.5 Rising Demand for Laser-Based Precision Cutting Technologies
  • 4.2.6 Growth of Metal Fabrication and Contract Manufacturing Industries
• 4.3 Market Restraints
  • 4.3.1 High Cost of Advanced Cutting Machine and Equipment
  • 4.3.2 Dependence on Imported High-End Components
  • 4.3.3 Limited Adoption Among Small and Medium Enterprises
  • 4.3.4 Shortage of Skilled CNC and Automation Operators
• 4.4 Value / Supply-Chain Analysis
  • 4.4.1 Raw Material & Critical Component Ecosystem
  • 4.4.2 OEM Manufacturing & System Integration
  • 4.4.3 Distribution, Channel Partners & Aftermarket Network
  • 4.4.4 End-User Adoption & Lifecycle Value Creation
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook & Innovation Investment Landscape
  • 4.6.1 CNC Automation & Smart Cutting Technology
  • 4.6.2 Plasma Cutting Technology
• 4.7 Global Manufacturing-Sector Snapshot
• 4.8 Pricing Analysis
  • 4.8.1 Average Selling Price (ASP) Benchmarking of Key Market Participants
  • 4.8.2 Average Selling Price (ASP) Analysis, by Automation Level
  • 4.8.3 Average Selling Price (ASP) Analysis, by Technology
• 4.9 Buying Criteria & Procurement Analysis
• 4.10 Porter's Five Forces Analysis - Industry Attractiveness Scoring
  • 4.10.1 Threat of New Entrants
  • 4.10.2 Bargaining Power of Suppliers
  • 4.10.3 Bargaining Power of Buyers
  • 4.10.4 Threat of Substitutes
  • 4.10.5 Industry Rivalry
• 4.11 Impact of Geopolitical Events on the Market

5 Market Size & Growth Forecasts

• 5.1 By Application
  • 5.1.1 Sheet Metal
  • 5.1.2 Plate
  • 5.1.3 Tube & Pipe
  • 5.1.4 Structural Steel
  • 5.1.5 Others
• 5.2 By Technology
  • 5.2.1 Laser
    • 5.2.1.1 Fiber
    • 5.2.1.2 CO2
    • 5.2.1.3 Others
  • 5.2.2 Plasma
    • 5.2.2.1 High-definition
    • 5.2.2.2 Conventional
  • 5.2.3 Waterjet
    • 5.2.3.1 Abrasive
    • 5.2.3.2 Pure
  • 5.2.4 Flame / Oxy-fuel
  • 5.2.5 Ultrasonic & Emerging
• 5.3 By Automation Level
  • 5.3.1 Manual
  • 5.3.2 Semi-automated
  • 5.3.3 Robotic / Fully-automated
• 5.4 By End-User Industry
  • 5.4.1 Automotive
  • 5.4.2 Aerospace & Defense
  • 5.4.3 Electrical & Electronics
  • 5.4.4 Construction & Infrastructure
  • 5.4.5 Metal-Fabrication Job Shops
  • 5.4.6 Shipbuilding
  • 5.4.7 Energy & Power
  • 5.4.8 Others (Medical Devices, etc.)

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Competitive Benchmarking Analysis
• 6.5 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)
  • 6.5.1 Bharat Fritz Werner Limited
  • 6.5.2 Jyoti CNC Automation Limited
  • 6.5.3 Ace Micromatic Group
  • 6.5.4 SLTL Group
  • 6.5.5 Hindustan Machine Tools Limited
  • 6.5.6 Electronica Group
  • 6.5.7 Lancer Laser Tech Ltd.
  • 6.5.8 Koike Aronson Ransome India Pvt. Ltd.
  • 6.5.9 Sigma Mechotronics Pvt. Ltd.
  • 6.5.10 HGTECH (HGLaser)
  • 6.5.11 TRUMPF India Private Limited
  • 6.5.12 Bystronic India Private Limited
  • 6.5.13 Amada India Private Limited
  • 6.5.14 Mazak India Private Limited
  • 6.5.15 Hypertherm India Thermal Cutting Pvt. Ltd.
  • 6.5.16 Messer Cutting Systems India Private Limited
  • 6.5.17 Lincoln Electric India Private Limited
  • 6.5.18 Ador Welding Limited
  • 6.5.19 Prima Power India Pvt. Ltd.
  • 6.5.20 Mitsubishi Electric India Pvt. Ltd.

7 Market Opportunities & Future Outlook

• 7.1 White-Space & Unmet-Need Assessment