금속 절단기 시장 전망(-2030년) : 제품 유형, 구성 요소, 기술, 최종 사용자 및 지역별 세계 분석

According to Stratistics MRC, the Global Metal Cutting Machine Market is accounted for $6.2 billion in 2023 and is expected to reach $10.1 billion by 2030 growing at a CAGR of 7.2% during the forecast period. A metal cutting machine is a precision tool used in manufacturing to slice through various types of metal with accuracy and efficiency. It typically employs a combination of sharp blades, lasers, or abrasive wheels to cut through materials such as steel, aluminum, or titanium. These machines are equipped with robust frames and advanced control systems to ensure precise cutting dimensions and smooth operation. Modern metal cutting machines often feature computer numerical control (CNC) technology for automated and customizable cutting processes, enhancing productivity and accuracy.

Market Dynamics:

Driver:

Rise of manufacturing hubs in developing economies

Developing economies experiencing industrial growth create a higher demand for metal cutting machines to support manufacturing activities across various sectors such as automotive, construction, electronics, and infrastructure development. Moreover, the establishment of manufacturing hubs in developing countries leads to the expansion of the metal cutting machine market geographically. Manufacturers of these machines seek to tap into these emerging markets, leading to increased competition and innovation. Thus, this adaptation could include factors such as cost-effectiveness, ease of operation, and compatibility with local manufacturing processes driving the market growth.

Restraint:

Fluctuating raw material prices

Fluctuations in raw material prices can lead to uncertainty in manufacturing costs for metal cutting machines. Manufacturers may find it challenging to predict and manage production expenses, affecting pricing strategies and profit margins. Managing the risks associated with fluctuating raw material prices, such as hedging against price volatility or diversifying the supply chain, can pose challenges for metal cutting machine manufacturers. Failure to effectively manage these risks can lead to financial losses and operational disruptions.

Opportunity:

Advancements in cutting technologies

Innovations in cutting technologies, such as laser cutting, plasma cutting, and waterjet cutting, enhance the efficiency of metal cutting machines. These advancements allow for faster cutting speeds, higher precision, and reduced material wastage, thereby improving overall productivity. Cutting-edge technologies, including robotics, artificial intelligence, and machine learning, are increasingly integrated into metal cutting machines. This automation enhances process control, reduces human error, and optimizes production workflows, leading to higher throughput and efficiency.

Threat:

Competition from alternative cutting methods

With the availability of alternative cutting methods such as waterjet cutting, plasma cutting, and abrasive cutting, the metal cutting market becomes fragmented. This fragmentation can lead to increased competition among different cutting technologies, resulting in pricing pressures and reduced profitability for metal cutting machine manufacturers. Customers may opt for these alternatives due to specific advantages such as lower cost, faster cutting speeds, or the ability to cut materials that are challenging for traditional methods. This can result in a loss of market share for metal cutting machine manufacturers.

Covid-19 Impact

Disruptions in global supply chains, reduced demand from key industries such as automotive and aerospace, and delays in manufacturing projects. Lockdown measures and restrictions on movement affected production and led to a slowdown in capital investments. However, the pandemic also accelerated the adoption of automation and digitalization in manufacturing processes, driving demand for advanced metal cutting machines. Recovery efforts varied across regions depending on the severity of the outbreak and government stimulus measures. Overall, the market experienced a period of volatility but demonstrated resilience and adaptation to new market dynamics.

The waterjet cutting machine segment is expected to be the largest during the forecast period

The waterjet cutting machine segment is estimated to have a lucrative growth, because waterjet cutting machines can cut through a wide range of materials, including metals, without heat-affected zones or distortion, making them highly versatile in various industries such as aerospace, automotive, and manufacturing. Furthermore compared to traditional cutting methods, waterjet cutting is considered environmentally friendly as it produces minimal waste, doesn't emit harmful gases, and uses water as the primary cutting medium.

The sensors & feedback systems segment is expected to have the highest CAGR during the forecast period

The sensors & feedback systems segment is anticipated to witness the highest CAGR growth during the forecast period, as sensors enable real-time monitoring of cutting processes, allowing for adjustments to be made dynamically based on feedback. This leads to higher precision in metal cutting operations, resulting in improved product quality and reduced scrap. Moreover, sensors can monitor the condition of machine components in real-time, detecting signs of wear or impending failure. This enables predictive maintenance strategies, where maintenance activities are scheduled proactively based on actual machine condition, reducing unplanned downtime and extending equipment lifespan.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the region's rapid industrialization, especially in countries like China, India, Japan, and South Korea, has fuelled the demand for metal cutting machines across various sectors such as automotive, aerospace, electronics, and construction. Additionally the Asia Pacific region is witnessing significant advancements in metal cutting machine technology, including CNC systems, automation, robotics, and integration with Industry 4.0 principles, to meet the evolving needs of manufacturers propel the market growth in this region.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the regions hub for innovation and research in manufacturing technologies, leading to the development of cutting-edge metal cutting machines with enhanced capabilities in terms of precision, speed, and automation. North America has a strong industrial base, with established manufacturing sectors and a network of metal fabrication facilities. This creates a steady demand for metal cutting machines for various applications, including fabrication of components, parts, and assemblies.

Key players in the market

Some of the key players in the Metal Cutting Machine Market include AMADA Co. Ltd., Boye Laser Applied Technology Co., Ltd., Bystronic Laser AG, Coherent Corp., ESAB Corporation, Flow International Corporation, Han's Laser Technology Industry Group Co., Ltd., Hitachi, Koike Aronson, Inc., Lincoln Electric Company, Messer Cutting Systems GmbH, Mitsubishi, Nissan Tanaka Corporation, Omax Corporation, Sumitomo, TRUMPF, WARDJet, Water Jet Sweden AB and Xiamen Golden Erge

Key Developments:

In January 2024, Coherent introduces exactweld 410 laser welding system for medical device manufacturing. The ExactWeld 410 from Coherent is a new system that excels at the most demanding requirements for precision welding of medical devices.

In May 2023, AMADA CO., LTD. launched sales of LIVLOTS, a new DX solution to support manufacturing sites. LIVLOTS accelerates the digitization of manufacturing workplaces by seamlessly connecting customer offices

In February 2023, AMADA CO., LTD announced its new NC equipment "AMNC 4ie". Equipping machines with "AMNC 4ie" advances them into environmentally friendly machines that can be used by anyone, anywhere.

Product Types Covered:

• Waterjet Cutting Machine
• Plasma Cutting Machines
• Laser Cutting Machines
• Computer Numerical Control (CNC) Machining Centers
• Flame Cutting Machine
• Other Product Types

Components Covered:

• Control System
• Power Source
• Cutting Tools
• Sensors & Feedback Systems
• Cooling & Lubrication Systems
• Other Components

Technologies Covered:

• Thermal Cutting
• Mechanical Cutting
• Unconventional Cutting
• Other Technologies

End Users Covered:

• Aerospace & Defense
• Automotive Industry
• Machinery Manufacturing
• Oil & Gas
• Electronics
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 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 Metal Cutting Machine Market, By Product Type

• 5.1 Introduction
• 5.2 Waterjet Cutting Machine
• 5.3 Plasma Cutting Machines
• 5.4 Laser Cutting Machines
• 5.5 Computer Numerical Control (CNC) Machining Centers
• 5.6 Flame Cutting Machine
• 5.7 Other Product Types

6 Global Metal Cutting Machine Market, By Component

• 6.1 Introduction
• 6.2 Control System
• 6.3 Power Source
• 6.4 Cutting Tools
• 6.5 Sensors & Feedback Systems
• 6.6 Cooling & Lubrication Systems
• 6.7 Other Components

7 Global Metal Cutting Machine Market, By Technology

• 7.1 Introduction
• 7.2 Thermal Cutting
• 7.3 Mechanical Cutting
• 7.4 Unconventional Cutting
• 7.5 Other Technologies

8 Global Metal Cutting Machine Market, By End User

• 8.1 Introduction
• 8.2 Aerospace & Defense
• 8.3 Automotive Industry
• 8.4 Machinery Manufacturing
• 8.5 Oil & Gas
• 8.6 Electronics
• 8.7 Other End Users

9 Global Metal Cutting Machine Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 AMADA Co. Ltd.
• 11.2 Boye Laser Applied Technology Co., Ltd.
• 11.3 Bystronic Laser AG
• 11.4 Coherent Corp.
• 11.5 ESAB Corporation
• 11.6 Flow International Corporation
• 11.7 Han's Laser Technology Industry Group Co., Ltd.
• 11.8 Hitachi
• 11.9 Koike Aronson, Inc.
• 11.10 Lincoln Electric Company
• 11.11 Messer Cutting Systems GmbH
• 11.12 Mitsubishi
• 11.13 Nissan Tanaka Corporation
• 11.14 Omax Corporation
• 11.15 Sumitomo
• 11.16 TRUMPF
• 11.17 WARDJet
• 11.18 Water Jet Sweden AB
• 11.19 Xiamen Golden Erge