Cutting Equipment, Accessories & Consumables Market Synopsis

Cutting Equipment, Accessories & Consumables Market Size Was Valued at USD  9.12  Billion in 2023, and is Projected to Reach USD 14.76 Billion by 2032, Growing at a CAGR of 5.50% From 2024-2032.

Cutter accessories and consumables are products and items that are employed handy in various cutting applications in industrial application industries, construction industries, and the automotive industries. This equipment may include plasma cutters, laser cutting machines, water jet cutters, cutting torches, cutters’ nozzles, or electrodes, among others. Other manageable items are consumables such as gas, plasma arc electrodes, and hard wearing substances adopted during cutting processes. These products are used in cutting of materials such as metals, plastics and other composites widely used in industries for production and actualization of various end products.

  • The cutting equipment, accessories, and consumables is a large category that consists of a huge variety of materials and devices used in different industries such as manufacturing industries, construction industries, automobile industries, aerospace industries etc. This market has continuous demand because of the unfulfillable need of getting cutting solutions for increasing the effectiveness of operations. Major stakeholders in this sector have the responsibility of fostering the continued invention of technology that will increase the sharpness of the cutting tools, efficiency, and security while in operation.
  • The aspects like automation, robotics and computer numerical control (CNC) have brought transformative change in the cutting equipment. They help to obtain better results and increase the rate of work in comparison with the exclusion or significant minimization of human factors and expenses. Also, the advancement in technology embraced by industries has enabled organizations to install smart cutting systems that are used in monitoring the processes in real-time and even conduct maintenance when detected that some are likely to fail.
  • This is also attributed to the growth of the markets which comes along with increased differentiation of materials being cut like modern alloys and composites. This has the effect of creating a market for specialized cutting tools and consumables that are suited to the job. Furthermore, sustainability has forced the development of sustainable cutting solutions that comprise appliances with less energy usage and consumables that are recyclable, in line with the global fight against the depletion of the world’s resources.
  •  Hence, regionally, the market has diverse geographical preferences of manufacturing industries and the advancement of technological solutions. As shown here, the more developed regions in the world such as North America and Europe take the lead in the level of technological advancement, due to sound industrial base and high investment in research and development. On the other hand, Asia-Pacific and Latin America are already experiencing industrialization and emission of infrastructural development hence offering massive growth front for the cutting equipment suppliers and manufacturers.
  •  Thus, the supply of cutting equipment, accessories, and consumables will expand continuously in the future, driven by developments in automation, material, and digital technologies. As industries’ efficiency, quality and sustainability are at the focal points in present years, the market of advance cutting solution will always on the boom to build this emerging market globally.

Cutting Equipment, Accessories & Consumables Market Trend Analysis

Shift Towards Sustainability and Eco-Friendly Solutions

  • The market concerning cutting equipment, accessories, and consumables is rapidly changing and tending toward more sustainability and environmentalism. The rationale behind this trend can be explained by the rising demands in environmental standards, customers’ preferences, and companies’ CSR policies. Firms present in this market are focusing on investing a lot of money and efforts in developing new materials and manufacturing techniques that would lower impacts of CO2 and at the same time, would also ensure that wasted material is kept to a minimum.
  • Some of these developments are biodegradable first cutting fluids, second, using recycled materials in the construction of equipment’s, and third using environmentally efficient cutting technologies of for example laser and water Jet cutting systems. Also, shrinking supply bases are now sufficiently accompanied by certain sustainable sourcing criteria that guarantee ethical and environmental supply chains concerning the raw materials used in the manufacturing processes. In the light of the sustainability remaining a focus of several industries, more growth in the cutting equipment market is expected to increase through supporting the global efforts towards sustainability.

Advancements in Laser Cutting Technology

  • Cutting Equipment, Accessories & Consumables Market has undergone a revolutionary change with the help of the laser cutting technology. New technologies like the fiber laser cutting machines have enhanced precision cutting by increasing the speed of cutting, efficiency and flexibility, the kind of material cut for example metals, plastics, and composites. There has been a great improvement in the integration of control systems and CAD/CAM which enhances satisfactory fabrication of complicated designs with negligible material loss.
  •  Further, advancement in high power lasers has made it possible to work with a large thickness of the material and diverse industries such as auto, aerospace and many more. In addition, the market has observed the development of laser optics, Flat Field Optical Filters, control mechanism and beam delivery systems, improving the whole system efficiency and durability. These technologies remain to propel expansion in the market by making the manufacturers to benefit from productivity, cost cutting measures as well as meeting the elevated quality standards.

Cutting Equipment, Accessories & Consumables Market Segment Analysis:

Cutting Equipment, Accessories & Consumables Market Segmented based on Type, Game Type, and End-User.

By Technology, Plasma Cutting segment is expected to dominate the market during the forecast period

  • The Cutting Equipment, Accessories & Consumables Market covers the fields of Carbon Arc Cutting, Plasma Cutting, Oxy-fuel Cutting, Laser Cutting, as well as Water Jet Cutting. All of them are unique in the sense that they’re appropriate to different purposes and types of materials. Carbon Arc Cutting has become rare to find in today’s workshop, however; it is capable of producing high heat and is precise for metals. Plasma Cutting gives very fast and good results on almost all conductive materials, with highly accurate, clean cuts with little heat affected zone. Oxy-fuel Cutting still plays an essential role where it provides a fast and cheap way of cutting thick metal by use of oxygen and a fuel gas. Among them, Laser Cutting is marked out for perfect accuracy when cutting shapes of various patterns through materials using high energy lasers. The Water Jet Cutting done through a high-pressure jet of water containing abrasive particles is used preferably for those materials that are delicate to heat and the cuts are made without distorting the nature of the material.
  • Cutting equipment, accessories, and consumables are motivated by market necessities like enhancement in technology leading to higher efforts, better accuracy, and variability of operation. Main emerging trends involve automation, advanced control systems, and the aspect of environmental sustainability. Sustainability rates are also driven by market conditions by region and the industrial revolution in North America and Asia-Pacific areas. The competition is characterized by new entrants’ sustained investment in R&D for the improvement of instrumentations and service portfolios to meet varied clients’ demands in manufacturing, construction, automotive, and aerospace industries.

By Accessories, Gas Flowmeters segment held the largest share in 2023

  • The Cutting Equipment, Accessories & Consumables Market comprises of various accessories that are important to boost the efficacy of gas cutting. Gas regulators are a component that is essential in controlling the flow rate and the pressure of the gas, which is central in getting the right dimensions in making the cuts and avert wastage. The flowmeters that are implemented in gaseous systems have accurate measurement characteristics so that dependability in the usage of gas is possible. Gas filters and check valves are essential for the production of clean gases which are crucial for cutting quality that might be affected by certain impurities.
  • Some of the advantages associated with gas manifolds and flow controllers include; They are a one stop shop for the gas distribution and the flow and thus offer better operational control and safety as compared to other individual units. The gas panels and cabinets effectively organize the location and storage of the cylinders and the equipment related to same so as to enhance order and aspects of safety within the working area. All these accessories assist not only in the efficient operation of the product but also in the constant conformity to safety and quality performance in cutting processes in many industries.

Cutting Equipment, Accessories & Consumables Market Regional Insights:

Asia Pacific  is Expected to Dominate the Market Over the Forecast period

  • The Asia Pacific region shall emerge as the most dominant market in the Cutting Equipment, Accessories & Consumables Market by the end of the forecast period primarily owing to the factors explained below. The continued industrialization of countries like China, India and South Korea is increasing the need for more sophisticated cutting methodologies mainly in the automobile, aerospace, and electronics industries. Due to this, these industries need cutting tools that would enable them to produce larger quantities of output in the shortest time possible, but at the same time produce quality outputs.
  • Besides, greater government policies put in place to support industrial growth and development and promote advancements in technology also contributed to driving the market in the region. Furthermore, the market has highly developed competitors of cutting equipment and consumables manufacturers such as Japan and Taiwan that improve the market competitive environment and stimulate products’ development. Therefore, Asia Pacific stands out as a rather large segment of the cutting equipment market that is predicted to continue its dominance with higher growth rates in the future.

Active Key Players in the Cutting Equipment, Accessories & Consumables Market

  • Jet Edge Inc. (USA)
  • Ador Welding Ltd. (India)
  • Kennametal Inc. (USA)
  • Koike Aronson Inc. (USA)
  • Colfax Corporation (USA)
  • Koike Aronson (USA)
  • Hornet Cutting Systems (USA)
  • Dardi International Corporation (China)
  • A Innovative International Ltd (India)
  • Epilog Laser Inc. (USA)
  • Amada Miyachi Company (USA)
  • Flow International Co. (USA)
  • WB Alloy Welding (Canada)
  • Illinois Tool Works (USA)
  • OMAX Corporation (USA)
  • Hypertherm Inc. (USA)
  • Amada Miyachi America (USA)
  • DAIHEN Corporation (Japan)
  • Wardjet Inc. (USA)
  • Other Key Players

Global Cutting Equipment, Accessories & Consumables Market Scope:

Global Cutting Equipment, Accessories & Consumables Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD  9.12 Bn.

Forecast Period 2024-32 CAGR:

5.50%

Market Size in 2032:

USD  14.76 Bn.

Segments Covered:

 By Technology

  • Carbon Arc Cutting
  • Plasma Cutting
  • Oxy-fuel Cutting
  • Laser Cutting
  • Water Jet Cutting

By Equipment

  • Manual Cutting Equipment
  • Mechanized Cutting Equipment

By Accessories

  • Gas Regulators
  • Gas Flowmeters
  • Gas Filters Check Valves
  • Gas Manifolds Flow Controllers
  • Gas Panels
  • Gas Cabinets

By Consumables

  • Shielding Gases
  • Oxy-Fuel Gases

By End User

  • General Fabrication
  • Automotive
  • Heavy Fabrication
  • Shipbuilding
  • Structural
  • Maintenance and Repair
  • Pipe Mill
  • Offshore
  • Pipeline
  • Power Industry

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Adoption of Automation in Manufacturing

Key Market Restraints:

  • High Initial Investment Costs

Key Opportunities:

  • Advancements in Laser Cutting Technology

Companies Covered in the report:

  • Jet Edge Inc. (USA),Ador Welding Ltd. (India),Kennametal Inc. (USA),Koike Aronson Inc. (USA),Colfax Corporation (USA),Koike Aronson (USA),Hornet Cutting Systems (USA),Dardi International Corporation (China),A Innovative International Ltd (India),Epilog Laser Inc. (USA),and Other Major Players.

Chapter 1: Introduction
 1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Cutting Equipment, Accessories & Consumables Market by Technology
 4.1 Cutting Equipment, Accessories & Consumables Market Snapshot and Growth Engine
 4.2 Cutting Equipment, Accessories & Consumables Market Overview
 4.3 Carbon Arc Cutting
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Carbon Arc Cutting: Geographic Segmentation Analysis
 4.4 Plasma Cutting
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Plasma Cutting: Geographic Segmentation Analysis
 4.5 Oxy-fuel Cutting
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Oxy-fuel Cutting: Geographic Segmentation Analysis
 4.6 Laser Cutting
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Laser Cutting: Geographic Segmentation Analysis
 4.7 Water Jet Cutting
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Water Jet Cutting: Geographic Segmentation Analysis
 4.8 Equipment
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Equipment: Geographic Segmentation Analysis
 4.9 Manual Cutting Equipment
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Manual Cutting Equipment: Geographic Segmentation Analysis
 4.10 Mechanized Cutting Equipment
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Mechanized Cutting Equipment: Geographic Segmentation Analysis
 4.11 Accessories
  4.11.1 Introduction and Market Overview
  4.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.11.3 Key Market Trends, Growth Factors and Opportunities
  4.11.4 Accessories: Geographic Segmentation Analysis
 4.12 Gas Regulators
  4.12.1 Introduction and Market Overview
  4.12.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.12.3 Key Market Trends, Growth Factors and Opportunities
  4.12.4 Gas Regulators: Geographic Segmentation Analysis
 4.13 Gas Flowmeters
  4.13.1 Introduction and Market Overview
  4.13.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.13.3 Key Market Trends, Growth Factors and Opportunities
  4.13.4 Gas Flowmeters: Geographic Segmentation Analysis
 4.14 Gas Filters Check Valves
  4.14.1 Introduction and Market Overview
  4.14.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.14.3 Key Market Trends, Growth Factors and Opportunities
  4.14.4 Gas Filters Check Valves: Geographic Segmentation Analysis
 4.15 Gas Manifolds Flow Controllers
  4.15.1 Introduction and Market Overview
  4.15.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.15.3 Key Market Trends, Growth Factors and Opportunities
  4.15.4 Gas Manifolds Flow Controllers: Geographic Segmentation Analysis
 4.16 Gas Panels
  4.16.1 Introduction and Market Overview
  4.16.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.16.3 Key Market Trends, Growth Factors and Opportunities
  4.16.4 Gas Panels: Geographic Segmentation Analysis
 4.17 Gas Cabinets
  4.17.1 Introduction and Market Overview
  4.17.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.17.3 Key Market Trends, Growth Factors and Opportunities
  4.17.4 Gas Cabinets: Geographic Segmentation Analysis

Chapter 5: Cutting Equipment, Accessories & Consumables Market by By Consumables
 5.1 Cutting Equipment, Accessories & Consumables Market Snapshot and Growth Engine
 5.2 Cutting Equipment, Accessories & Consumables Market Overview
 5.3 Shielding Gases
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Shielding Gases: Geographic Segmentation Analysis
 5.4 Oxy-Fuel Gases
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Oxy-Fuel Gases: Geographic Segmentation Analysis

Chapter 6: Cutting Equipment, Accessories & Consumables Market by By End User
 6.1 Cutting Equipment, Accessories & Consumables Market Snapshot and Growth Engine
 6.2 Cutting Equipment, Accessories & Consumables Market Overview
 6.3 General Fabrication
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 General Fabrication: Geographic Segmentation Analysis
 6.4 Automotive
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Automotive: Geographic Segmentation Analysis
 6.5 Heavy Fabrication
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Heavy Fabrication: Geographic Segmentation Analysis
 6.6 Shipbuilding
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Shipbuilding: Geographic Segmentation Analysis
 6.7 Structural
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Structural: Geographic Segmentation Analysis
 6.8 Maintenance & Repair
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Maintenance & Repair: Geographic Segmentation Analysis
 6.9 Pipe Mill
  6.9.1 Introduction and Market Overview
  6.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.9.3 Key Market Trends, Growth Factors and Opportunities
  6.9.4 Pipe Mill: Geographic Segmentation Analysis
 6.10 Offshore
  6.10.1 Introduction and Market Overview
  6.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.10.3 Key Market Trends, Growth Factors and Opportunities
  6.10.4 Offshore: Geographic Segmentation Analysis
 6.11 Pipeline
  6.11.1 Introduction and Market Overview
  6.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.11.3 Key Market Trends, Growth Factors and Opportunities
  6.11.4 Pipeline: Geographic Segmentation Analysis
 6.12 Power Industry
  6.12.1 Introduction and Market Overview
  6.12.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.12.3 Key Market Trends, Growth Factors and Opportunities
  6.12.4 Power Industry: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Cutting Equipment, Accessories & Consumables Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 JET EDGE INC (USA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 ADOR WELDING LTD (INDIA)
 7.4 KENNAMETAL INC (USA)
 7.5 KOIKE ARONSON INC (USA)
 7.6 COLFAX CORPORATION (USA)
 7.7 KOIKE ARONSON (USA)
 7.8 HORNET CUTTING SYSTEMS (USA)
 7.9 DARDI INTERNATIONAL CORPORATION (CHINA)
 7.10 A INNOVATIVE INTERNATIONAL LTD (INDIA)
 7.11 EPILOG LASER INC (USA)
 7.12 AMADA MIYACHI COMPANY (USA)
 7.13 FLOW INTERNATIONAL CO (USA)
 7.14 WB ALLOY WELDING (CANADA)
 7.15 ILLINOIS TOOL WORKS (USA)
 7.16 OMAX CORPORATION (USA)
 7.17 HYPERTHERM INC (USA)
 7.18 AMADA MIYACHI AMERICA (USA)
 7.19 DAIHEN CORPORATION (JAPAN)
 7.20 WARDJET INC (USA)
 7.21 OTHER

Chapter 8: Global Cutting Equipment, Accessories & Consumables Market By Region
 8.1 Overview
8.2. North America Cutting Equipment, Accessories & Consumables Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Technology
   8.2.4.1 Carbon Arc Cutting
   8.2.4.2 Plasma Cutting
   8.2.4.3 Oxy-fuel Cutting
   8.2.4.4 Laser Cutting
   8.2.4.5 Water Jet Cutting
   8.2.4.6 Equipment
   8.2.4.7 Manual Cutting Equipment
   8.2.4.8 Mechanized Cutting Equipment
   8.2.4.9 Accessories
   8.2.4.10 Gas Regulators
   8.2.4.11 Gas Flowmeters
   8.2.4.12 Gas Filters Check Valves
   8.2.4.13 Gas Manifolds Flow Controllers
   8.2.4.14 Gas Panels
   8.2.4.15 Gas Cabinets
  8.2.5 Historic and Forecasted Market Size By By Consumables
   8.2.5.1 Shielding Gases
   8.2.5.2 Oxy-Fuel Gases
  8.2.6 Historic and Forecasted Market Size By By End User
   8.2.6.1 General Fabrication
   8.2.6.2 Automotive
   8.2.6.3 Heavy Fabrication
   8.2.6.4 Shipbuilding
   8.2.6.5 Structural
   8.2.6.6 Maintenance & Repair
   8.2.6.7 Pipe Mill
   8.2.6.8 Offshore
   8.2.6.9 Pipeline
   8.2.6.10 Power Industry
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
8.3. Eastern Europe Cutting Equipment, Accessories & Consumables Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Technology
   8.3.4.1 Carbon Arc Cutting
   8.3.4.2 Plasma Cutting
   8.3.4.3 Oxy-fuel Cutting
   8.3.4.4 Laser Cutting
   8.3.4.5 Water Jet Cutting
   8.3.4.6 Equipment
   8.3.4.7 Manual Cutting Equipment
   8.3.4.8 Mechanized Cutting Equipment
   8.3.4.9 Accessories
   8.3.4.10 Gas Regulators
   8.3.4.11 Gas Flowmeters
   8.3.4.12 Gas Filters Check Valves
   8.3.4.13 Gas Manifolds Flow Controllers
   8.3.4.14 Gas Panels
   8.3.4.15 Gas Cabinets
  8.3.5 Historic and Forecasted Market Size By By Consumables
   8.3.5.1 Shielding Gases
   8.3.5.2 Oxy-Fuel Gases
  8.3.6 Historic and Forecasted Market Size By By End User
   8.3.6.1 General Fabrication
   8.3.6.2 Automotive
   8.3.6.3 Heavy Fabrication
   8.3.6.4 Shipbuilding
   8.3.6.5 Structural
   8.3.6.6 Maintenance & Repair
   8.3.6.7 Pipe Mill
   8.3.6.8 Offshore
   8.3.6.9 Pipeline
   8.3.6.10 Power Industry
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Cutting Equipment, Accessories & Consumables Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Technology
   8.4.4.1 Carbon Arc Cutting
   8.4.4.2 Plasma Cutting
   8.4.4.3 Oxy-fuel Cutting
   8.4.4.4 Laser Cutting
   8.4.4.5 Water Jet Cutting
   8.4.4.6 Equipment
   8.4.4.7 Manual Cutting Equipment
   8.4.4.8 Mechanized Cutting Equipment
   8.4.4.9 Accessories
   8.4.4.10 Gas Regulators
   8.4.4.11 Gas Flowmeters
   8.4.4.12 Gas Filters Check Valves
   8.4.4.13 Gas Manifolds Flow Controllers
   8.4.4.14 Gas Panels
   8.4.4.15 Gas Cabinets
  8.4.5 Historic and Forecasted Market Size By By Consumables
   8.4.5.1 Shielding Gases
   8.4.5.2 Oxy-Fuel Gases
  8.4.6 Historic and Forecasted Market Size By By End User
   8.4.6.1 General Fabrication
   8.4.6.2 Automotive
   8.4.6.3 Heavy Fabrication
   8.4.6.4 Shipbuilding
   8.4.6.5 Structural
   8.4.6.6 Maintenance & Repair
   8.4.6.7 Pipe Mill
   8.4.6.8 Offshore
   8.4.6.9 Pipeline
   8.4.6.10 Power Industry
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Cutting Equipment, Accessories & Consumables Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Technology
   8.5.4.1 Carbon Arc Cutting
   8.5.4.2 Plasma Cutting
   8.5.4.3 Oxy-fuel Cutting
   8.5.4.4 Laser Cutting
   8.5.4.5 Water Jet Cutting
   8.5.4.6 Equipment
   8.5.4.7 Manual Cutting Equipment
   8.5.4.8 Mechanized Cutting Equipment
   8.5.4.9 Accessories
   8.5.4.10 Gas Regulators
   8.5.4.11 Gas Flowmeters
   8.5.4.12 Gas Filters Check Valves
   8.5.4.13 Gas Manifolds Flow Controllers
   8.5.4.14 Gas Panels
   8.5.4.15 Gas Cabinets
  8.5.5 Historic and Forecasted Market Size By By Consumables
   8.5.5.1 Shielding Gases
   8.5.5.2 Oxy-Fuel Gases
  8.5.6 Historic and Forecasted Market Size By By End User
   8.5.6.1 General Fabrication
   8.5.6.2 Automotive
   8.5.6.3 Heavy Fabrication
   8.5.6.4 Shipbuilding
   8.5.6.5 Structural
   8.5.6.6 Maintenance & Repair
   8.5.6.7 Pipe Mill
   8.5.6.8 Offshore
   8.5.6.9 Pipeline
   8.5.6.10 Power Industry
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
8.6. Middle East & Africa Cutting Equipment, Accessories & Consumables Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Technology
   8.6.4.1 Carbon Arc Cutting
   8.6.4.2 Plasma Cutting
   8.6.4.3 Oxy-fuel Cutting
   8.6.4.4 Laser Cutting
   8.6.4.5 Water Jet Cutting
   8.6.4.6 Equipment
   8.6.4.7 Manual Cutting Equipment
   8.6.4.8 Mechanized Cutting Equipment
   8.6.4.9 Accessories
   8.6.4.10 Gas Regulators
   8.6.4.11 Gas Flowmeters
   8.6.4.12 Gas Filters Check Valves
   8.6.4.13 Gas Manifolds Flow Controllers
   8.6.4.14 Gas Panels
   8.6.4.15 Gas Cabinets
  8.6.5 Historic and Forecasted Market Size By By Consumables
   8.6.5.1 Shielding Gases
   8.6.5.2 Oxy-Fuel Gases
  8.6.6 Historic and Forecasted Market Size By By End User
   8.6.6.1 General Fabrication
   8.6.6.2 Automotive
   8.6.6.3 Heavy Fabrication
   8.6.6.4 Shipbuilding
   8.6.6.5 Structural
   8.6.6.6 Maintenance & Repair
   8.6.6.7 Pipe Mill
   8.6.6.8 Offshore
   8.6.6.9 Pipeline
   8.6.6.10 Power Industry
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
8.7. South America Cutting Equipment, Accessories & Consumables Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Technology
   8.7.4.1 Carbon Arc Cutting
   8.7.4.2 Plasma Cutting
   8.7.4.3 Oxy-fuel Cutting
   8.7.4.4 Laser Cutting
   8.7.4.5 Water Jet Cutting
   8.7.4.6 Equipment
   8.7.4.7 Manual Cutting Equipment
   8.7.4.8 Mechanized Cutting Equipment
   8.7.4.9 Accessories
   8.7.4.10 Gas Regulators
   8.7.4.11 Gas Flowmeters
   8.7.4.12 Gas Filters Check Valves
   8.7.4.13 Gas Manifolds Flow Controllers
   8.7.4.14 Gas Panels
   8.7.4.15 Gas Cabinets
  8.7.5 Historic and Forecasted Market Size By By Consumables
   8.7.5.1 Shielding Gases
   8.7.5.2 Oxy-Fuel Gases
  8.7.6 Historic and Forecasted Market Size By By End User
   8.7.6.1 General Fabrication
   8.7.6.2 Automotive
   8.7.6.3 Heavy Fabrication
   8.7.6.4 Shipbuilding
   8.7.6.5 Structural
   8.7.6.6 Maintenance & Repair
   8.7.6.7 Pipe Mill
   8.7.6.8 Offshore
   8.7.6.9 Pipeline
   8.7.6.10 Power Industry
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research

Global Cutting Equipment, Accessories & Consumables Market Scope:

Global Cutting Equipment, Accessories & Consumables Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD  9.12 Bn.

Forecast Period 2024-32 CAGR:

5.50%

Market Size in 2032:

USD  14.76 Bn.

Segments Covered:

 By Technology

  • Carbon Arc Cutting
  • Plasma Cutting
  • Oxy-fuel Cutting
  • Laser Cutting
  • Water Jet Cutting

By Equipment

  • Manual Cutting Equipment
  • Mechanized Cutting Equipment

By Accessories

  • Gas Regulators
  • Gas Flowmeters
  • Gas Filters Check Valves
  • Gas Manifolds Flow Controllers
  • Gas Panels
  • Gas Cabinets

By Consumables

  • Shielding Gases
  • Oxy-Fuel Gases

By End User

  • General Fabrication
  • Automotive
  • Heavy Fabrication
  • Shipbuilding
  • Structural
  • Maintenance and Repair
  • Pipe Mill
  • Offshore
  • Pipeline
  • Power Industry

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Adoption of Automation in Manufacturing

Key Market Restraints:

  • High Initial Investment Costs

Key Opportunities:

  • Advancements in Laser Cutting Technology

Companies Covered in the report:

  • Jet Edge Inc. (USA),Ador Welding Ltd. (India),Kennametal Inc. (USA),Koike Aronson Inc. (USA),Colfax Corporation (USA),Koike Aronson (USA),Hornet Cutting Systems (USA),Dardi International Corporation (China),A Innovative International Ltd (India),Epilog Laser Inc. (USA),and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Cutting Equipment, Accessories & Consumables Marketresearch report?

The forecast period in the Cutting Equipment, Accessories & Consumables Market?research report is 2024-2032.

Who are the key players in the Cutting Equipment, Accessories & Consumables Market?

Jet Edge Inc. (USA),Ador Welding Ltd. (India),Kennametal Inc. (USA),Koike Aronson Inc. (USA),Colfax Corporation (USA),Koike Aronson (USA),Hornet Cutting Systems (USA),Dardi International Corporation (China),A Innovative International Ltd (India),Epilog Laser Inc. (USA),and Other Major Players.

What are the segments of the Cutting Equipment, Accessories & Consumables Market?

The Cutting Equipment, Accessories & Consumables Market is segmented into Technology , Consumables , Equipment, Accessories, End-User and Region. By Technology, the market is categorized into Carbon Arc Cutting,Plasma Cutting,Oxy-fuel Cutting, Laser Cutting,Water Jet Cutting), By Equipment, , the market is categorized into Manual Cutting Equipment, Mechanized Cutting Equipment, By Accessories, , the market is categorized into Gas Regulators,Gas Flowmeters, Gas Filters Check Valves, Gas Manifolds Flow Controllers,Gas Panels,Gas Cabinets. By Consumables , the market is categorized into Shielding Gases, Oxy-Fuel Gases. By  End User, the market is categorized into General Fabrication, Automotive, Heavy Fabrication, Shipbuilding, Structural, Maintenance and Repair, Pipe Mill,Offshore,Pipeline,Power Industry. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Cutting Equipment, Accessories & Consumables Market?

Cutter accessories and consumables are products and items that are employed handy in various cutting applications in industrial application industries, construction industries, and the automotive industries. This equipment may include plasma cutters, laser cutting machines, water jet cutters, cutting torches, cutters’ nozzles, or electrodes, among others. Other manageable items are consumables such as gas, plasma arc electrodes, and hard wearing substances adopted during cutting processes. These products are used in cutting of materials such as metals, plastics and other composites widely used in industries for production and actualization of various end products.

How big is the Cutting Equipment, Accessories & Consumables Market?

Cutting Equipment, Accessories & Consumables Market Size Was Valued at USD  9.12  Billion in 2023, and is Projected to Reach USD 14.76 Billion by 2032, Growing at a CAGR of 5.50% From 2024-2032.