Lucintel Forecasts the Global Plasma CNC Cutting Machine Market is expected to grow with a CAGR of 13.2% from 2024 to 2030
Lucintel Forecasts the Global Plasma CNC Cutting Machine Market is expected to grow with a CAGR of 13.2% from 2024 to 2030
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According to a market report by Lucintel, the future of the global plasma CNC cutting machine market looks promising with opportunities in the automotive, aerospace & defense, industrial machinery, shipbuilding & offshore, and electrical equipment markets. The global plasma CNC cutting machine market is expected to grow with a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are increasing investment in research and development by key players, rapid advancement in technologies like software integration and improved automation and growth of the automotive sector.
A more than 150-page report to understand trends, opportunity and forecast in plasma CNC cutting machine market to 2030 by type (max cutting thickness 10 mm, max cutting thickness 15 mm, max cutting thickness 20 mm, max cutting thickness 25 mm, max cutting thickness 30 mm, and max cutting thickness >30 mm), application (automotive, aerospace & defense, industrial machinery, shipbuilding & offshore, and electrical equipment), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that max cutting thickness 10 mm will remain the largest segment over the forecast period due to versatility and affordability.
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Within this market, automotive will remain the largest segment due to growing need for innovation and enhanced production efficiency.
APAC will remain the largest region over the forecast period due to growing industrialization and presence of robust manufacturing sector in the region.
Lincoln Electric Holdings, ESAB Welding & Cutting Products, Hypertherm, Koike Aronson, Messer Cutting Systems are the major suppliers in the plasma CNC cutting machine market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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