Cutting Equipment Market Size | Growth Forecast and Industry Trends 2025

Q: What is driving growth in the cutting equipment market?

The major drivers are rising automation, infrastructure expansion, and demand for high-speed, precision cutting across industrial sectors.

Q: Which cutting technologies are leading the market?

Laser and plasma cutting systems dominate due to precision and versatility, followed by waterjet and flame cutting for specific use cases.

Q: How is digitalization impacting this market?

The cutting equipment market was valued at USD 7.4 billion in 2024 and is projected to reach USD 14 billion by 2031

Q: Which regions are seeing high adoption of cutting tools?

Asia-Pacific leads due to strong manufacturing growth in China, India, and Southeast Asia, followed by North America and Europe.

Q: What are the key challenges in the cutting equipment industry?

Challenges include high equipment costs, need for skilled operators, and balancing speed with safety and energy consumption.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4226

Publication Date: Jun 2025

What is the size of the Cutting Equipment Market?

According to 6Wresearch internal database and industry insights, the Global Cutting Equipment Market was valued at USD 7.4 billion in 2024 and is projected to reach USD 13.6 billion by 2031, growing at a CAGR of 9.2% during the forecast period 2025–2031.

The market is expanding gradually due to increased demand across construction, automotive, aerospace, shipbuilding, and industrial fabrication sectors. Cutting equipment—including laser, plasma, waterjet, and flame technologies—is critical for precision, speed, and efficiency in metal and non-metal processing.

View Main Report

Schedule Analyst Call

Key Growth Factors

Surging infrastructure development and industrial automation
Adoption of advanced CNC and robotic cutting systems
Growth of metal fabrication and automotive manufacturing
Increasing demand for precise and energy-efficient cutting technologies
Expansion of defence, aerospace, and shipbuilding sectors
Need for compact, portable cutting solutions in emerging markets

Cutting Equipment Market Trends

During forecast period 2025-2031, the cutting equipment market is evolving with rising integration of IoT and AI-enabled monitoring in cutting systems. Automation of metal-cutting tasks using CNC and robotic arms is transforming factory floors. Laser cutting is gaining dominance for its accuracy, while waterjet systems are favoured for cold cutting applications. The focus is increasing by the manufacturers on energy efficiency, low-maintenance designs, and hybrid cutting solutions. Demand for multi-process machines is expected to rise with Industry 4.0 adoption across manufacturing hubs.