Product Code: ETC032144 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Cutting Machinery and Equipment Market is expected to grow at a CAGR of 3.81% during the forecast period 2020-2026. The market growth can be attributed to the increasing investments in infrastructure projects across India, followed by rising demand for cutting machinery from automotive and construction industries. In addition, technological advancements such as automation of industrial processes are further propelling the market growth. Moreover, with growing awareness about energy conservation and sustainability among manufacturing companies in India has led to increased adoption of laser cutters over mechanical cutters which enable faster production with improved accuracy of cuts. This is likely to drive the market in upcoming years.
? Rising Investments in Infrastructure Projects Across India ? One of the major factors driving the Indian cutting machinery & equipment industry is an increase investment towards infrastructure development due to government?s focus on building roads, highways and other transport systems; this will lead to increased need for cutting machines & equipment across various sectors including construction, shipbuilding etc., thereby contributing positively towards growth of this segment over coming years.
? Automation Of Industrial Processes ? Growing utilization automated machines such as robots for performing tasks that were previously done manually is one key factor driving demand for cutting machine & equipments used in these processes; this will create new opportunities for manufacturers operating within this space.
High Cost Of Machines - With high cost associated with purchasing different types of advanced technology based machinery ranging from multi-axis water jet cutters or laser cutters, many small scale players may find it difficult compete against larger entities having access better funding options leading to limited competition along with constant price wars within same space
Increasing Adoption Of Laser Cutters Over Mechanical Cutters? Growing usage laser cutters owing its ability deliver precise cuts compared mechanical counterparts while consuming less power coupled with rapid setting up process than traditional methods has been observed trend within industry; manufacturers have also started implementing them order improve their efficiency while reducing costs related labor intensive operations.
Decrease Demand From Construction Industry - Outbreak COVID 19 pandemic has had significant negative impact on global economy resulting decrease demand from end user industries like hospitality , retail , automobile etc.; moreover slowdown construction activities due restrictions being imposed by national governments worldwide has resulted reduced requirement cutting machineries & equipments used perform related tasks thus restraining overall growth rate segment.
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 Machinery and Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cutting Machinery and Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 India Cutting Machinery and Equipment Market - Industry Life Cycle |
3.4 India Cutting Machinery and Equipment Market - Porter's Five Forces |
3.5 India Cutting Machinery and Equipment Market Revenues & Volume Share, By Equipment Type, 2020 & 2030F |
3.6 India Cutting Machinery and Equipment Market Revenues & Volume Share, By Technology Type, 2020 & 2030F |
3.7 India Cutting Machinery and Equipment Market Revenues & Volume Share, By End-use, 2020 & 2030F |
4 India Cutting Machinery and Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cutting Machinery and Equipment Market Trends |
6 India Cutting Machinery and Equipment Market, By Types |
6.1 India Cutting Machinery and Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Cutting Machinery and Equipment Market Revenues & Volume, By Equipment Type, 2020-2030F |
6.1.3 India Cutting Machinery and Equipment Market Revenues & Volume, By Manual, 2020-2030F |
6.1.4 India Cutting Machinery and Equipment Market Revenues & Volume, By Mechanized, 2020-2030F |
6.2 India Cutting Machinery and Equipment Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 India Cutting Machinery and Equipment Market Revenues & Volume, By Carbon arc cutting, 2020-2030F |
6.2.3 India Cutting Machinery and Equipment Market Revenues & Volume, By Laser Cutting, 2020-2030F |
6.2.4 India Cutting Machinery and Equipment Market Revenues & Volume, By Oxy-fuel cutting, 2020-2030F |
6.2.5 India Cutting Machinery and Equipment Market Revenues & Volume, By Plasma cutting, 2020-2030F |
6.2.6 India Cutting Machinery and Equipment Market Revenues & Volume, By Waterjet cutting, 2020-2030F |
6.3 India Cutting Machinery and Equipment Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Cutting Machinery and Equipment Market Revenues & Volume, By Automotive, 2020-2030F |
6.3.3 India Cutting Machinery and Equipment Market Revenues & Volume, By Construction, 2020-2030F |
6.3.4 India Cutting Machinery and Equipment Market Revenues & Volume, By General metal fabrication, 2020-2030F |
6.3.5 India Cutting Machinery and Equipment Market Revenues & Volume, By Heavy Equipment Fabrication, 2020-2030F |
6.3.6 India Cutting Machinery and Equipment Market Revenues & Volume, By Shipbuilding & Offshore, 2020-2030F |
6.3.7 India Cutting Machinery and Equipment Market Revenues & Volume, By Others, 2020-2030F |
7 India Cutting Machinery and Equipment Market Import-Export Trade Statistics |
7.1 India Cutting Machinery and Equipment Market Export to Major Countries |
7.2 India Cutting Machinery and Equipment Market Imports from Major Countries |
8 India Cutting Machinery and Equipment Market Key Performance Indicators |
9 India Cutting Machinery and Equipment Market - Opportunity Assessment |
9.1 India Cutting Machinery and Equipment Market Opportunity Assessment, By Equipment Type, 2020 & 2030F |
9.2 India Cutting Machinery and Equipment Market Opportunity Assessment, By Technology Type, 2020 & 2030F |
9.3 India Cutting Machinery and Equipment Market Opportunity Assessment, By End-use, 2020 & 2030F |
10 India Cutting Machinery and Equipment Market - Competitive Landscape |
10.1 India Cutting Machinery and Equipment Market Revenue Share, By Companies, 2023 |
10.2 India Cutting Machinery and Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |