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Download Free sampleThe global Plasma Cutting Torches market was valued at 196.11 Million USD in 2021 and will grow with a CAGR of 4.76% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Plasma Cutting Torches Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Plasma Cutting Torches Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Plasma cutting torches usually use a copper nozzle to constrict the gas stream with the arc flowing through it. That arc jumps from an electrode in the torch to something else - usually the conductive material being cut. That`s a ?transferred arc`. There are some systems that use a ?non-transferred` arc where it jumps from the electrode back to the nozzle, but those are not usually used for cutting. So that means that plasma cutting is only used for materials that are conductive, primarily mild steel, stainless steel, and aluminum. But lots of other metals and alloys are conductive too, such as copper, brass, titanium, monel, inconel, cast iron, etc. The problem is that the melting temperature of some of those metals makes them difficult to cut with a good quality edge.According to the Segmentation of types, all the market of Plasma Cutting Torches can be divided as follows: The first main kind is Low Frequency it hold a comparatively larger share in global market, which accounts for about 64% in 2019.Another main kind is High Frequency, High Frequency share the rest about 36% market share in 2019. From the view of region, North America have a larger market share in 2019 which account for nearly 32%. Europe and Asia-Pacific hold a market share of about 28% and about 31%. The world leading players in the Plasma Cutting Torches market are Colfax Corporation(ESAB), Abicor Binzel, Lincoln Electric, IKA, Hypertherm, Inc., ITW(Miller) and so on. These Top 5 companies currently account for more than 49% of the total market share.
By Market Verdors:
Colfax Corporation
Abicor Binzel
Lincoln Electric
Hypertherm, Inc.
ITW(Miller)
Voestalpine B?hler Welding
Trafimet Group
EWM
Sumig
Migatronic
Parker Torchology
Tecmo
Shanghai Innotec
OTC DAIHEN
Changzhou Huarui
Jinan North Welding
Autogen-Ritter
Translas
Changzhou Long Welding
Termmei Torch & Tip
Specialised Welding Products (SWP)
Black Wolf (Changzhou Golden Globe)
Jiangyin Xinlian Welding Equipment
By Types:
High Frequency Cutting Torches
Low Frequency Cutting Torches
By Applications:
Aerospace
Automotive
Metal Fabrication
Shipbuilding
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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