Global Plasma Cutting Machine Market 2016-2020 - Need for Automation - Expected to Grow at a CAGR of 7.3% - Research and Markets

May 06, 2016, 16:10 ET from Research and Markets

DUBLIN, May 6, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Plasma Cutting Machine Market 2016-2020" report to their offering. 

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The global plasma cutting machine market is expected to grow at a CAGR of 7.3% during the period 2016-2020. 

The plasma cutting industry is seeing a remarkable technological trend in its association with biochemistry. We expect this association to impact the market to a great extent. For instance, LubeCorp, a company based in Canada, provides fluid for water treatment on plasma cutting tables. This fluid is designed to prevent the formation of rust and corrosion. It also effectively biodegrades any bacteria coming in contact with the cut parts. The fluid is considered safe enough to be discharged into the drainage system without any detrimental effects on the environment. 

According to the report, increased adoption of automation to ensure quality and reliability of end products has resulted in high demand for plasma cutting machines worldwide. Plasma cutting machines can cut materials of different shapes and thicknesses. They deliver products with high accuracy, precision, and speed and have minimal machine footprint when compared to mechanical cutting machines. 

Further, the report states that routine maintenance of plasma cutting machines incurs additional costs for the end-user, adding to overall expenses. These machines need to be serviced and regularly maintained to ensure overall productivity, accuracy, and reliability. Even the machine downtime of a few hours can result in heavy loss for businesses. 

Key questions answered in this report:  

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Key vendors: 

  • ESAB
  • Hypertherm
  • Komatsu
  • Messer Cutting Systems
  • Nissan Tanaka

Key Topics Covered: 

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Market research methodology

PART 04: Introduction 

PART 05: Market landscape 

PART 06: Market segmentation by end user 

PART 07: Geographical segmentation 

PART 08: Market drivers 

PART 09: Impact of drivers 

PART 10: Market challenges 

PART 11: Impact of drivers and challenges 

PART 12: Market trends 

PART 13: Vendor landscape 

PART 14: Key vendor analysis 

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SOURCE Research and Markets