Global cutting equipment market is expected to grow with a CAGR of 5.3% over the forecast period from 2018-2024

NEW YORK, April 1, 2019 /PRNewswire/ -- The report on the global cutting equipment market provides qualitative and quantitative analysis for the period from 2016 to 2024.

Read the full report: https://www.reportlinker.com/p05751733/?utm_source=PRN

The report predicts the global cutting equipment market to grow with a CAGR of 5.3% over the forecast period from 2018-2024. The study on cutting equipment market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2016 to 2024.

The report on cutting equipment market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global cutting equipment market over the period of 2016 to 2024. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global cutting equipment market over the period of 2016 to 2024. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
• Increasing demand for mechanized cutting equipment in fabrication and automation sector
• Rapid growth of end use industries such as automotive, construction, shipbuilding etc
2) Restraints
• High operating costs and lack of skilled personnel
3) Opportunities
• Use of cutting robots

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global cutting equipment market is segmented on the basis of equipment type, technology, and end-user.

The Global Cutting Equipment Market by Equipment Type
• Manual
• Mechanized

The Global Cutting Equipment Market by Technology
• Laser
• Plasma
• Waterjet
• Carbon Arc
• Oxy Fuel

The Global Cutting Equipment Market by End-User
• Automotive and Transportation
• Construction
• Shipbuilding and Offshore
• Heavy Equipment Fabrication

Company Profiles
• Illinois Tool Works Inc.
• Lincoln Electric Company
• Matheson tri-gas Inc.
• Messer group
• Gentec
• Colfax Corporation
• GCE holding AB
• Linde group
• Air Liquide
• Fronius international GMBH

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the cutting equipment market.
2. Complete coverage of all the segments in the cutting equipment market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in the global cutting equipment market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Read the full report: https://www.reportlinker.com/p05751733/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________
Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

View original content:http://www.prnewswire.com/news-releases/global-cutting-equipment-market-is-expected-to-grow-with-a-cagr-of-5-3-over-the-forecast-period-from-2018-2024--300822042.html

SOURCE Reportlinker