Boston, MA -- (SBWIRE) -- 05/05/2016 -- Plasma cutting is used predominantly in the steel cutting industry. This process involves cutting conductive materials using a plasma arc that is generated inside a plasma torch. Based on the metal and desired quality levels, gases such as argon, nitrogen, argon and hydrogen (65%+35%), and compressed air are used as plasma gas. This cutting methodology is most widely used to cut aluminum, copper, thick stainless steel, and other alloys of steel. Even for ferrous materials such as mild steel, the quality of cutting achieved through this method is sharp and highly economical. The plasma cutting technology is gradually substituting the traditional oxy-fuel cutting for materials with thicknesses ranging from 0.5 mm to 50 mm.

Technavio's analysts forecast the global plasma cutting machine market to grow at a CAGR of 7.3% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Plasma Cutting Machine Market 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global plasma cutting machine market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of plasma cutting machines to end-users such as the automotive and non-automotive sectors.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Plasma Cutting Machine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

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

Other prominent vendors

-Automated Cutting Machinery
-C&G Systems
-Esprit Automation
-Farley Laserlab
-Kerf Developments
-Kjellberg Finsterwalde
-Lincoln Electric
-Retro Systems
-Voortman Steel Machinery

Market driver

-Need for automation
-For a full, detailed list, view our report

Market challenge

-Routine maintenance
-For a full, detailed list, view our report

Market trend

-Association of biochemistry with plasma cutting
-For a full, detailed list, view our report

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ESAB, Hypertherm, Komatsu, Messer Cutting Systems, Nissan Tanaka, Automated Cutting Machinery, C&G Systems, Esprit Automation, Farley Laserlab, Kerf Developments, Kjellberg Finsterwalde, Lincoln Electric, Retro Systems, Voortman Steel Machinery.

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