Albany, NY -- (SBWIRE) -- 06/20/2017 -- Market Research Reports Search Engine (MRRSE) has included a new study titled, "Global Market Study on Cutting Equipment-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024".Persistence Market Research (PMR) analyzes the global cutting equipment market in a new publication titled "Cutting Equipment Market: Global Industry Analysis and Forecast, 2016–2024". This study provides data for 2015 along with a forecast for the period 2016–2024. The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the global cutting equipment market. To provide better understanding of the market, the report also includes an analysis of drivers, restraints, and trends in all five regions namely, Asia Pacific, North America, Europe, Latin America and the Middle East & Africa, which influence the current market scenario and future status of the global cutting equipment market over the forecast period.

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Market Segmentation

By Equipment Type

Manual
Mechanized

By Cutting Technology

Plasma cutting
Oxy-fuel cutting
Laser cutting
Waterjet cutting
Carbon arc cutting

By End Use Industry

General metal fabrication
Construction
Heavy metal fabrication
Shipbuilding & offshore
Automotive
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Report structure

To understand and assess market opportunities and trends, the global cutting equipment market report is categorically split into different sections based on market segmentation – by equipment type, by cutting technology, by end use, and by region. The report starts with the market overview and provides market definition and taxonomy along with value chain analysis, region wise pricing analysis, and the various drivers, restraints, and trends impacting the market. The sections that follow include the global cutting equipment market analysis – by equipment type, cutting technology, end-use, and regional/country level analysis. All the above sections evaluate the market on the basis of various factors affecting the market. Each section discusses the qualitative and quantitative aspects of the global cutting equipment market. To give a brief idea about revenue opportunities from the product type, end-use industry and region/country-wise segments, the report also provides volume (Thousand units) data, absolute $ opportunity, and total incremental opportunity for each segment over the forecast period.

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The final section of the report provides the global cutting equipment market structure and a detailed competition landscape with company market share and performance, to provide report audiences with a dashboard view of key players operating in the global cutting equipment market along with their business strategies. This section is intended to enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.

Research methodology

For market data analysis, the report considers 2015 as the base year, with market numbers estimated for 2016 and a comprehensive forecast made for 2017–2024. To calculate the market size, the report considers the weighted average price of cutting equipment based on equipment type such as manual cutting and mechanized cutting across key geographies on a regional basis. To deduce market volume size, consumption of cutting equipment has been considered. In order to provide an accurate forecast, the report starts by sizing up the current market, which forms the basis of how the global cutting equipment market is expected to develop in the future. Critical market data including the base number and segmental splits has been devised through in-depth secondary research. This data is then triangulated on the basis of different verticals, considering both supply side and demand side drivers and other dynamics of the various regional markets, along with primary interviews of manufacturers and industry experts operating in the global cutting equipment market. The forecast presented in the report evaluates the actual use of cutting equipment and expected consumption in the global cutting equipment market over the forecast period.

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The report also analyzes the different segments of the global cutting equipment market in terms of basis point share (BPS) to understand individual segments' relative contribution to market growth. This detailed level of information is important for identifying the various key trends governing the global cutting equipment market. The report also analyzes the global cutting equipment market based on the absolute dollar opportunity. This usually overlooked while estimating the market forecast. However, from a sales perspective, it is essential to identify absolute dollar opportunity to identify potential resources in the global cutting equipment market. PMR has developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global cutting equipment market. This market attractiveness index would help clients identify real market opportunities in the global cutting equipment market.

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