Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Plasma Cutting Torches, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plasma Cutting Torches. This report contains market size and forecasts of Plasma Cutting Torches in global, including the following market information:
Global Plasma Cutting Torches Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Plasma Cutting Torches Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Plasma Cutting Torches companies in 2022 (%)
The global Plasma Cutting Torches market was valued at US$ 216.6 million in 2022 and is projected to reach US$ 294.7 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Plasma Cutting Torches manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plasma Cutting Torches Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plasma Cutting Torches Market Segment Percentages, by Type, 2022 (%)
High Frequency Cutting Torches
Low Frequency Cutting Torches
Global Plasma Cutting Torches Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plasma Cutting Torches Market Segment Percentages, by Application, 2022 (%)
Aerospace
Automotive
Metal Fabrication
Shipbuilding
Global Plasma Cutting Torches Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plasma Cutting Torches Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plasma Cutting Torches revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Plasma Cutting Torches revenues share in global market, 2022 (%)
Key companies Plasma Cutting Torches sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Plasma Cutting Torches sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Plasma Cutting Torches, market overview.
Chapter 2: Global Plasma Cutting Torches market size in revenue and volume.
Chapter 3: Detailed analysis of Plasma Cutting Torches manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Plasma Cutting Torches in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Plasma Cutting Torches capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
