Product Code: ETC289044 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The cutting equipment market in India has been experiencing robust growth due to the growing demand from diverse industries, including metal fabrication, construction, aerospace, and shipbuilding. Cutting equipment, such as plasma cutters, laser cutting machines, and waterjet cutters, play a crucial role in precision cutting and shaping of materials. The increasing adoption of automation and CNC-based cutting systems has further propelled the market`s expansion. Additionally, the government`s focus on developing infrastructure and the burgeoning manufacturing sector has provided significant impetus to the cutting equipment market. As industrialization continues to flourish, the cutting equipment market in India is poised for a favorable outlook.
The cutting equipment market in India is poised to experience significant growth due to the booming manufacturing sector and the increasing adoption of automation in industries. As companies strive for higher productivity and precision in cutting processes, the demand for cutting equipment, including CNC machines, laser cutting machines, and waterjet cutting machines, is on the rise. Furthermore, the government`s "Make in India" campaign and favorable policies to promote manufacturing are encouraging companies to invest in modern cutting equipment to enhance their production capabilities.
One of the key challenges in the cutting equipment market is the need for skilled operators. Operating sophisticated cutting equipment requires specific training and expertise, and the shortage of skilled labor can hinder the widespread adoption of advanced cutting technologies.
The cutting equipment market in India encountered a significant setback during the COVID-19 pandemic. With various industries facing shutdowns and restricted operations, the demand for cutting equipment decreased considerably. Additionally, uncertainties in the global supply chain impacted the availability of raw materials and spare parts, leading to production delays. As the country reopened and industrial activities resumed, the market started to recover, driven by infrastructure development projects and resuming manufacturing activities. Going forward, advancements in technology and automation are expected to drive the demand for cutting equipment.
The cutting equipment market in India is anticipated to witness substantial growth due to the increasing demand from industries such as metal fabrication, automotive, and construction. The market is characterized by the presence of both domestic and international players. Notable key players in this sector include Lincoln Electric Company (India) Pvt. Ltd., ESAB India Limited, Ador Welding Limited, and Panasonic Welding Systems India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cutting Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cutting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Cutting Equipment Market - Industry Life Cycle |
3.4 India Cutting Equipment Market - Porter's Five Forces |
3.5 India Cutting Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 India Cutting Equipment Market Revenues & Volume Share, By Cutting Technology, 2021 & 2031F |
3.7 India Cutting Equipment Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.8 India Cutting Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 India Cutting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Adoption of advanced technologies in manufacturing processes |
4.2.2 Growth in the automotive and construction industries |
4.2.3 Increasing demand for precision cutting equipment in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment cost for cutting equipment |
4.3.2 Lack of skilled labor for operating advanced cutting equipment |
4.3.3 Intense competition among market players leading to price wars |
5 India Cutting Equipment Market Trends |
6 India Cutting Equipment Market, By Types |
6.1 India Cutting Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Cutting Equipment Market Revenues & Volume, By Equipment Type, 2021-2031F |
6.1.3 India Cutting Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.1.4 India Cutting Equipment Market Revenues & Volume, By Mechanized, 2021-2031F |
6.2 India Cutting Equipment Market, By Cutting Technology |
6.2.1 Overview and Analysis |
6.2.2 India Cutting Equipment Market Revenues & Volume, By Plasma cutting, 2021-2031F |
6.2.3 India Cutting Equipment Market Revenues & Volume, By Oxy-fuel cutting, 2021-2031F |
6.2.4 India Cutting Equipment Market Revenues & Volume, By Laser cutting, 2021-2031F |
6.2.5 India Cutting Equipment Market Revenues & Volume, By Waterjet cutting, 2021-2031F |
6.2.6 India Cutting Equipment Market Revenues & Volume, By Carbon arc cutting, 2021-2031F |
6.3 India Cutting Equipment Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Cutting Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 India Cutting Equipment Market Revenues & Volume, By Heavy metal fabrication, 2021-2031F |
6.3.4 India Cutting Equipment Market Revenues & Volume, By Shipbuilding & offshore, 2021-2031F |
6.3.5 India Cutting Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 India Cutting Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Cutting Equipment Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 India Cutting Equipment Market Revenues & Volume, By Equipment, 2021-2031F |
6.4.3 India Cutting Equipment Market Revenues & Volume, By Consumables/Accessories, 2021-2031F |
7 India Cutting Equipment Market Import-Export Trade Statistics |
7.1 India Cutting Equipment Market Export to Major Countries |
7.2 India Cutting Equipment Market Imports from Major Countries |
8 India Cutting Equipment Market Key Performance Indicators |
8.1 Adoption rate of advanced cutting technologies by manufacturing companies |
8.2 Growth rate of the automotive and construction industries |
8.3 Rate of new product development and innovation in cutting equipment sector |
9 India Cutting Equipment Market - Opportunity Assessment |
9.1 India Cutting Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 India Cutting Equipment Market Opportunity Assessment, By Cutting Technology, 2021 & 2031F |
9.3 India Cutting Equipment Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.4 India Cutting Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
10 India Cutting Equipment Market - Competitive Landscape |
10.1 India Cutting Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Cutting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |