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

According to Mordor Intelligence, the cutting machine and Equipment Market size is projected to expand from USD 34.41 billion in 2025 and USD 35.84 billion in 2026 to USD 42.61 billion by 2031, registering a CAGR of 3.52% between 2026 to 2031.

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

Global Cutting Machine and Equipment Market Trends and Insights

Global Defense and Shipbuilding Rearmament Cycle Fuels Surge in Orders for Thick-Plate Cutting Systems

Global military expenditure reached USD 2,887 billion in 2025, and European spending rose 14% to USD 864 billion, which sharply widened the addressable base for heavy-fabrication equipment demand. European NATO allies and Canada also raised combined outlays to more than USD 571 billion in 2025, following the alliance's commitment to move toward 5% of GDP by 2035, which strengthens long-term procurement visibility supporting the cutting machine and equipment market. The United States FY2026 defense budget assigns USD 47.4 billion to Navy shipbuilding and conversion, funding 19 new battle-force vessels that require thick naval-grade plate cut to tight tolerances. This matters beyond direct defense contracts because certified military steel consumes premium mill capacity, leaving commercial plate fabricators with tighter supply and higher input costs. In response, buyers in the cutting machine and equipment market are favoring faster and higher-yield systems that can protect margins per ton processed, while South Korea and Australia add further depth to the global naval procurement cycle.

Surge in Demand for Plates from Giga-factories and Hydrogen Electrolyzers

Installed global electrolyzer capacity rose from 0.6 GW to 4.9 GW between 2021 and 2025, while manufacturing capacity reached 57 GW per year, thereby expanding the fabrication base that feeds the cutting machine and equipment market. At the 1 MW scale, each alkaline electrolyzer stack requires 4,365 kg to 13,095 kg of steel, depending on configuration, so every capacity addition translates into real plate-cutting demand rather than only abstract capital spending. Europe accounted for more than 70% of new investment in hydrogen-based steelmaking. It invested nearly USD 15 billion in clean industrial technologies in 2024, with 80% directed toward steel decarbonization projects, which places the region at the center of near-term precision plate demand. Battery plants add another layer because enclosures, frames, and cooling components require large volumes of cut steel and aluminum across many subassemblies. The cutting machine and equipment market benefits because electrolyzer and gigafactory buyers specify edge quality and handling precision that standard plasma and flame systems cannot consistently deliver, pushing demand toward advanced laser and waterjet platforms.

Volatile Industrial Electricity Tariffs Squeezing Operating Margins of Greater Than 15 kW Laser Shops

High-power fiber laser systems above 15 kW consume 30-60 kWh per operating hour when chillers and support systems are included, making electricity costs a direct margin variable for the cutting machine and equipment market. The United States national average industrial electricity price is projected at 8.54 cents per kWh in 2026, which helps explain why North American users face a different cost structure than many European shops. United States wholesale power prices also rose by more than 12% in 2025 as natural gas costs increased and data center demand pulled more electricity into the grid, indicating that energy pressure is spreading even in more competitive regions. This cost gap affects procurement because multinational manufacturers compare supplier locations not only on labor and logistics, but also on exposure to energy price volatility. The cutting machine and equipment market, therefore, sees stronger demand for efficient laser systems, but also slower upgrade decisions from shops that cannot pass through operating cost increases to customers.

Other drivers and restraints analyzed in the detailed report include:

1. Sustainability Push Accelerates Shift Towards Energy-Efficient Fiber Lasers
2. Net-Zero Initiatives Propel Adoption of High-Power Lasers, Shielded by Nitrogen for Low-Dross Output
3. Semiconductor-Grade Motion-Controller Shortages Delaying Delivery of Advanced CNC Gantries

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

Segment Analysis

Sheet Metal held 34.4% of the cutting machine and equipment market share in 2025, keeping this application at the center of revenue generation through repeat demand for automotive panels, electrical enclosures, and HVAC components. The cutting machine and equipment market still relies on this segment as a baseline for utilization because these orders are frequent, standardized, and closely tied to broader fabrication activity. That stability matters when more specialized applications move in sharper cycles, because sheet-based work keeps machine fleets productive across a wider customer base. It also explains why vendors continue to compete hard on throughput, nesting accuracy, and service support in standard flat-part processing.

Tube & Pipe is the fastest-growing application segment. It is projected to expand at a 4.1% CAGR through 2031, reflecting stronger demand for renewable energy towers, lightweight vehicle structures, and structural fabrication. TRUMPF's March 2026 TruLaser Tube 7000 supports this shift with automated bevel cutting and feed rates up to 150% higher than its predecessor, demonstrating that suppliers are allocating meaningful development effort to tube processing. Han's Laser also delivered its WTX15055T ultra-large-diameter tube cutter in March 2026 for pipes up to 550 mm, indicating rising demand from offshore, petrochemical, and shipbuilding environments. Plate processing is also attracting more fiber laser investment as defense-related specifications tighten, while Structural Steel and smaller advanced-material categories are adding breadth to the cutting machine and equipment market through infrastructure, EV, and aerospace fabrication demand.

Laser held 41.7% of the market in 2025, giving it the largest position within the technology landscape. This level of market share in the cutting machine and equipment market shows that laser systems remain the preferred choice across a broad range of fabrication needs. Demand remains firm because laser platforms deliver high cutting accuracy, cleaner edges, and better process consistency across sheet metal, tube, and precision part production. Their use also fits well with automated production lines where repeatability and uptime matter more than manual intervention. As a result, laser systems continue to define the competitive center of the cutting machine and equipment market.

Laser is also the fastest-growing technology segment, forecast to expand at a 4.5% CAGR through 2031. This pace shows that buyers are still moving investment toward laser-based platforms as production standards become stricter and operating efficiency becomes more important. The segment benefits from steady adoption in automotive, aerospace, electrical equipment, and advanced fabrication environments where cut quality and throughput directly affect output value. It also gains from the broader replacement of older cutting setups with systems that support stronger software integration and higher productivity. With leadership in both current revenue share and forecast growth, laser remains the main technology driver in the cutting machine and equipment market size outlook.

Complete Report Scope:

• By Application
  • Sheet Metal
  • Plate
  • Tube & Pipe
  • Structural Steel
  • Others
• By Technology
  • Laser
    • Fiber
    • CO2
    • Others
  • Plasma
    • High-definition
    • Conventional
  • Water-Jet
    • 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.)
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Chile
    • Peru
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • BENELUX (Belgium, Netherlands, and Luxembourg)
    • NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Southeast Asia (Indonesia, Vietnam, Thailand, Malaysia, Philippines)
    • Rest of Asia-Pacific
  • Middle East & Africa
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of Middle East & Africa

Geography Analysis

Asia-Pacific held 47.7% of the cutting machine and equipment market share in 2025 and is projected to grow at a 4.4% CAGR through 2031, which keeps the region at the center of global demand. China remains the anchor because it accounts for 65% of globally installed and final-investment-decision electrolyzer capacity and nearly 60% of electrolyzer manufacturing capacity, both of which directly support heavy fabrication demand. That manufacturing scale gives the cutting machine and equipment market in Asia-Pacific a wide base across energy transition hardware, metal fabrication, and export-oriented production. India is also emerging more quickly as domestic steel use rises and policy support improves the case for capital goods investment. Japan and South Korea add precision value through strong motion control and optical supply chains, helping the region combine high-volume demand with high-specification production capability.

Europe remains an important but more complex part of the cutting machine and equipment market in 2026. Germany's military expenditure rose 24% to USD 114 billion in 2025, which supports demand for heavy-plate cutting in armored vehicle and naval programs. The EU Carbon Border Adjustment Mechanism entered its definitive phase in 2026, which is increasing the compliance burden on carbon-intensive steel routes and giving laser-based systems a stronger investment case. Spain, the Nordics, and the United Kingdom also remain active buyers, with offshore wind manufacturing, aerospace maintenance, and high-definition fabrication supporting equipment demand.

North America continues to benefit from defense procurement, manufacturing reshoring, and battery plant investment, which keeps the cutting machine and equipment market on a diversified footing. The United States shipbuilding allocation of USD 47.4 billion in FY2026 supports multi-year equipment demand across submarine and destroyer programs. Canada adds support through EV supply chain projects and its clean technology manufacturing tax credit, which improves the case for replacing older CO2 systems with fiber lasers. South America, the Middle East, and Africa remain smaller today. Still, Brazil, Chile, Saudi Arabia, and South Africa show demand tied to infrastructure, mining, industrial diversification, and investment in energy-efficient fabrication.

1. TRUMPF
2. Bystronic
3. Amada
4. Prima Power
5. Han's Laser
6. Bodor Laser
7. Penta Laser
8. Mitsubishi Electric
9. Mazak Optonics
10. Hypertherm
11. ESAB
12. Lincoln Electric
13. Messer Cutting Systems
14. Koike Aronson
15. Flow International
16. LVD Group
17. KMT Waterjet
18. HSG Laser
19. Salvagnini
20. Eagle Group

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 Global Defense and Shipbuilding Rearmament Cycle Fuels Surge in Orders for Thick-Plate Cutting Systems
  • 4.2.2 Surge in Demand for Plates from Giga-factories and Hydrogen Electrolyzers
  • 4.2.3 Sustainability Push Accelerates Shift Towards Energy-Efficient Fiber Lasers
  • 4.2.4 Net-Zero Initiatives Propel Adoption of High-Power Lasers, Shielded by Nitrogen for Low-Dross Output
  • 4.2.5 On-Shore Wind-Blade Mandates in Circular Economy Drive Surge in Demand for Composite Sectioning
  • 4.2.6 Precise Post-Print Finishing Becomes Crucial as Additive-Subtractive Hybrid Manufacturing Scales Up
• 4.3 Market Restraints
  • 4.3.1 Volatile Industrial Electricity Tariffs Squeezing Operating Margins of Greater than 15 kW Laser Shops
  • 4.3.2 Semiconductor-Grade Motion-Controller Shortages Delaying Delivery of Advanced CNC Gantries
  • 4.3.3 Impending PFAS-Coolant Bans Elevating Retrofit Costs for Abrasive Water-Jet Installations
  • 4.3.4 EU CBAM Carbon Tariffs Penalizing Energy-Intensive Plasma/Flame Processes
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces - Industry Attractiveness Scoring
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Industry Rivalry
• 4.8 Global Manufacturing-Sector Snapshot
• 4.9 Customer Purchasing Decision Analysis
• 4.10 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 Water-Jet
    • 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.)
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Chile
    • 5.5.2.4 Peru
    • 5.5.2.5 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 BENELUX (Belgium, Netherlands, and Luxembourg)
    • 5.5.3.7 NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
    • 5.5.3.8 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 India
    • 5.5.4.3 Japan
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia
    • 5.5.4.6 Southeast Asia (Indonesia, Vietnam, Thailand, Malaysia, Philippines)
    • 5.5.4.7 Rest of Asia-Pacific
  • 5.5.5 Middle East & Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 South Africa
    • 5.5.5.4 Nigeria
    • 5.5.5.5 Rest of Middle East & Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 TRUMPF
  • 6.4.2 Bystronic
  • 6.4.3 Amada
  • 6.4.4 Prima Power
  • 6.4.5 Han's Laser
  • 6.4.6 Bodor Laser
  • 6.4.7 Penta Laser
  • 6.4.8 Mitsubishi Electric
  • 6.4.9 Mazak Optonics
  • 6.4.10 Hypertherm
  • 6.4.11 ESAB
  • 6.4.12 Lincoln Electric
  • 6.4.13 Messer Cutting Systems
  • 6.4.14 Koike Aronson
  • 6.4.15 Flow International
  • 6.4.16 LVD Group
  • 6.4.17 KMT Waterjet
  • 6.4.18 HSG Laser
  • 6.4.19 Salvagnini
  • 6.4.20 Eagle Group

7 Market Opportunities & Future Outlook

• 7.1 White-Space & Unmet-Need Assessment