Composite Material Cutting System Market Size, Share, Growth, and Industry Analysis, By Type (Multilayer Cutting, Single-layer Cutting and others), By Application (Carbon Fibre, Glass Fibre, 3D Fabrics and others) and Regional Forecast From 2024 to 2031

Updated On: 15 April 2024

Composite Material Cutting System Market Report Overview

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The global Composite Material Cutting System market size expanded rapidly in 2022, as per our research, the market is expected to generate substantial revenue by 2031, a robust CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the Composite Material Cutting System market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

When compared to manual cutting, a digital cutting machine is much more efficient, accurate, and high-quality. As labour costs become higher and higher, choosing a smarter cutting method is a smart choice. The digital cutter is equipped with automatic nesting software, automatic feeding system and vacuum adsorption system. The vacuum adsorption system draws and fixes the roll-shaped prepreg, and then imports the designed image, such as Ai, CorelDraw, Cad, etc. into the machine cutting operating system. The digital cutter cuts the composite automatically based on the designed graphic.

Composite Material Cutting systems are primarily used for cutting composite materials. For example, carbon fibre, glass fibre, soft glass, prepreg, carbon felt, rubber, graphite sheet, silica gel, sound insulation, honeycomb profiles, etc. Using a variety of tools and pens to meet the cutting needs of various materials, as well as providing a variety of personalised cutting services. Composites are used in a wide range of products by manufacturers, who benefit from the material's strength, stability, and versatility. Material cost, evolving inputs, operator safety, and manufacturing environments that can range from clean to harsh, even within the same facility, all pose challenges when cutting and trimming composites.

COVID-19 Impact: Lockdown Affects negatively on the market

The rapid global spread of COVID-19 has had a significant impact on all international industries. The crisis exacerbated the economy significantly, forcing the government to temporarily close both the commercial and educational sectors. Strict cost-cutting measures have reduced economic activity and changed the business climate for many companies. Initiatives in the mining, construction, and other sectors, for example, have been delayed or abandoned. In the short term, the major impact is due to global manufacturing activity disruption. The magnitude of these disruptions grows as the number of cases increases on a global scale. Furthermore, if the virus spreads to other major industrial countries, the impact on the manufacturing industry of composite material cutting system will be far more widespread. Furthermore, the outbreak has a negative impact on the business operations of the enterprises, affecting the overall market share of Composite Material Cutting System. This has had an effect on the industry.

LATEST TRENDS

"Technological Advancement to stimulate market expansion"

Scientific and reasonable wiring design, each wiring harness is labelled with a number, making it easier for future maintenance and quality inspection. Relays, power switches, and other components are used to ensure the machine's stability. The super suction of the high-quality aviation aluminium suction table with a thickness of 43mm, combined with a high-power variable frequency vacuum suction pump, can firmly fix the processing materials. It can be outfitted with milling cutters, oscillating knives, bevelling knives, drag knives, creasing knives, half knives, wheel cutters, and other tools to meet the needs of various materials and processes. Thus, the process of developing new technological advancements is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Composite Material Cutting System Market Segmentation

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• By Type

The market is divided into categories based on type, Multilayer Cutting, Single-layer Cutting and others.

• By Application

The market is divided into Carbon Fibre, Glass Fibre, 3D Fabrics and other categories based on application.

DRIVING FACTORS

"Increased in the adoption of the product for different sectors that Boosts the Market"

Composite process materials are made by combining two or more materials with dissimilar properties to create a material that is distinct from the sum of its parts. The light weight of composite materials is one of the primary advantages of composite process materials. Composite materials have the potential to significantly reduce an aircraft's weight, thereby improving both performance and fuel economy. Fibre-reinforced matrix technologies provide a smoother, more aerodynamic surface in most aeroplanes, increasing performance and fuel economy while being stronger than standard aluminium. Composite materials do not corrode as quickly as other types of construction and, unlike aluminium, do not fail due to metal fatigue. These qualities of the composite materials lead to demand in different sectors for usage further leading it to the requirement for the composite material cutting system, resulting in the growth of the market. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and increased adoption of the product in different sectors. It will help the machinery and equipment sector flourish and accelerate the composite material cutting system market growth.

"Inventions of New Product is expanding to support market expansion"

The revolutionary Glass cutting surface from Crystal provides maximum flatness and less wear. Patented "DOUBLE BLADE" cutting: the cut is made by two blades that separate the material by applying pressure, ensuring a perfect cut without forcing the fibres or pulling the fabric threads. Most composites are cut by the machine (Carbon Fibre, Glass Fibre, Hybrid composites, Polyester, Prepreg). Die cutting mechanism with rapid pattern change. Easy roll loading and alignment allow for a quick setup. The solution's advantage is the continuous nesting technology, which optimises material usage and increases productivity. The customer can easily create the cutting pattern, allowing for extremely fast deployment and lower TCO. Automatic Die Cutting solution for a reliable and seamless composite cutting process. Significant cost savings can be realised through waste reduction and consistent cutting quality. The fully automatic AL Line cutting process offers significant cost savings through waste reduction, consistent cutting quality, and a reduction in required labour and floor space. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing inventions of new product.

RESTRAINING FACTORS

"High Cost of the product Will Prevent Market Expansion"

Many manufacturing companies are focusing on the automation of manufacturing operations within their facilities in order to reduce labour costs, improve productivity, and increase process optimization in their overall operations. However, the entire process necessitates the purchase, installation, and timely maintenance of machinery. However, cash shortages during and after the pandemic have hampered market growth significantly. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.

Composite Material Cutting System Market Regional Insights

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"The Market is Globally Dominated by North America"

Since this area is the largest user of the product, the market for Composite Material Cutting System in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the Carbon Fibre, Glass Fibre, 3D Fabrics and other industries is one of the important factors driving the Composite Material Cutting System Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials. 

List of Market Players Profiled

• SHIMA SEIKI (Japan)
• Eastman Machine Company (U.S.A.)
• Bullmer GmbH (U.S.A.)
• AMOR (Germany)
• Zund (U.S.)
• FKgroup (U.K.)
• Jinan AOL CNC Equipment Co (China)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Composite Material Cutting System Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.