Portable Cutting Machines Market Size, Share, Growth, And Industry Analysis, By Type (CNC, Manually-controlled), By Application (Industrial, Mining, Automobile, Aerospace), Regional Forecast From 2024 To 2031

Updated On: 08 July 2024

Portable Cutting Machines Market Report Overview

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The global portable cutting machines market size expanded rapidly in 2022 & the market is expected to generate substantial revenue by 2031, with a robust CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the portable cutting machines 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.

Portable cutting machines are mechanical devices that can be easily transported and used in a variety of locations to cut and shape various materials. To generate the heat required to cut through materials such as metal, wood, plastic, and composites, these machines typically employ various cutting technologies such as plasma, laser, or oxy-fuel. They are frequently used in a wide range of applications, including construction, metal fabrication, automotive repair, and do-it-yourself projects. They are distinguished by their portability, compact size, and ability to operate in remote or difficult-to-reach locations.

Portable waterjet cutting machines are a relatively new addition to the portable cutting machine market, and they are gaining popularity as a result of their unique capabilities. Waterjet cutting is a non-thermal cutting process that uses a high-pressure water stream to cut through materials. To increase the cutting power of the water stream, it is typically mixed with an abrasive material such as garnet. There are several advantages to using waterjet cutting in portable machines. For starters, because the cutting process is non-thermal, no heat is generated that can distort or damage the material being cut. This is especially important when cutting heat-sensitive materials such as composites or plastics. Second, waterjet cutting is extremely versatile, and it can cut through a wide range of materials, from soft foam to hard metal. As a result, it is useful in a variety of industries, including aerospace, automotive, and construction. Portable waterjet cutting machines are typically small and easy to transport, making them ideal for use in remote areas or situations where a large, stationary waterjet cutting machine would be impractical. They are also highly precise and capable of cutting complex shapes with tight tolerances.

COVID-19 Impact: Pandemic hampered the market, but demand is estimated to rise as the economy recovers

The COVID-19 pandemic, like many other industries, has had a significant impact on the portable cutting machine market. The pandemic disrupted global supply chains, reduced product demand due to economic uncertainty, and forced many manufacturing facilities to temporarily close. One of the most significant effects of the pandemic on the portable cutting machine market was a decrease in demand, particularly in the first half. The global economic slowdown caused by the pandemic reduced construction and industrial activity, which reduced market demand. As economies began to recover and demand for construction and industrial projects increased, the market began to recover. The growing demand in industries such as automotive and aerospace, which were among the first to recover from the pandemic-related downturn, fueled this recovery. The pandemic also had an impact on the portable cutting machine supply chain, causing disruptions in the transportation of raw materials and finished products. This caused delays in production and delivery, contributing to a drop in demand during the early stages of the pandemic. Moreover, the COVID-19 pandemic hampered the portable cutting machine market, but it has recently shown signs of recovery. As the global economy continues to improve, demand is expected to rise, particularly in construction, automotive, and aerospace.

Latest Trends

"Automation and robotics integration boosts the efficiency of portable cutting machines"

In the industry, an emerging trend is the integration of automation and robotics. Integration of these machines with automation and robotics has several benefits, including increased efficiency, accuracy, and speed. This is especially important in the aerospace and automotive manufacturing industries, where precision is critical and faster cutting processes are required. One of the primary drivers of this trend is the growing demand for customized cutting solutions capable of performing a wide range of cutting tasks with precision and speed. Manufacturers can achieve higher levels of accuracy and repeatability by integrating automation and robotics, allowing them to produce more consistent and high-quality products. Another influential factor of this trend is cost reduction and increased productivity. Manufacturers can reduce labor costs and improve the efficiency of their production processes by automating the cutting process. This is especially important in the aerospace and automotive industries, where there is a high demand for faster production times and cost savings. The integration of portable cutting machines with automation and robotics is also assisting in lowering the risk of injury and improving workplace safety. Manufacturers can eliminate the need for manual cutting by automating the cutting process, lowering the risk of injuries caused by accidents or repetitive strain.

Overall, the integration of automation and robotics is a significant trend in the portable cutting machine market that is expected to gain traction in the coming years. Automation and robotics will help to improve the efficiency and accuracy of cutting processes, as well as reduce costs and improve workplace safety.

Portable Cutting Machines Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into CNC, and manually controlled.

• By Application Analysis

Based on application, the market can be divided into industrial, mining, automobile, and aerospace.

Driving Factors

"Clean energy integration in cutting machines is being driven by environmental consciousness"

The growing demand for environmentally friendly cutting processes drives the development of machines that use cleaner energy sources. This trend is being driven by the need to reduce the carbon footprint of manufacturing processes and the desire to develop more sustainable manufacturing practices. The increasing emphasis on environmental sustainability in the industrial sector is one of the key drivers of this trend. There is a growing awareness of the environmental impact of industrial activities, which has resulted in a demand for more sustainable manufacturing practices. The development of cutting machines that use cleaner energy sources, such as hydrogen or electric power, is regarded as a critical step towards achieving these objectives. The desire to reduce operating costs is also driving the development of cutting machines that use cleaner energy sources. These machines are frequently more energy-efficient than traditional cutting machines, which can result in significant long-term cost savings for manufacturers. As a result, they are an appealing option for manufacturers seeking to reduce their environmental impact while increasing their bottom line. In the portable cutting machines market growth is driven by the development of cutting machines that use cleaner energy sources. This trend is expected to continue in the coming years as manufacturers prioritize environmental sustainability and regulatory compliance.

"Customer demand for versatility and customization drives growth in the market"

The trend towards customization and personalization is having a growing impact on the portable cutting machine market. Manufacturers are offering more customization options to meet the individual needs of customers, owing to the growing popularity of DIY projects and the demand for machines that can handle a broader range of cutting tasks. The increasing demand for machines that can perform a variety of cutting tasks is driving this trend. Customers want machines that can handle a variety of different materials and cutting techniques and that can be customized to meet their specific needs. This demand for customization is driven by the desire to create unique and customized products, as well as the need for greater flexibility and control in the cutting process. Customization and personalization are important factors in the portable cutting machine market. Manufacturers are responding to this trend by providing more customization options, allowing them to meet a broader range of cutting requirements and individual customer needs. As the popularity of DIY projects and customized products grows, the portable cutting machine market is expected to expand further.

Restraining Factors

"Cutting capacity limits its effectiveness in certain applications, affecting acceptance in some industries"

The limited cutting capacity of portable cutting machines is one of the potential stumbling blocks. They are lightweight and compact, which means they may have a smaller cutting area and less ability to cut through thick or dense materials than larger, stationary machines. This can restrict their effectiveness in applications requiring larger cutting areas and higher cutting power. Large sheets of metal, for example, may need to be cut to specific shapes and sizes in the aerospace industry to make aircraft components. This necessitates the use of a cutting machine with a large cutting area and the capability of cutting through thick materials. While they can be used in the aerospace industry for some cutting tasks, their limited cutting capacity may make them less effective for cutting large sheets of metal.

Manufacturers, on the other hand, are addressing this issue by developing portable cutting machines with larger cutting areas and higher cutting power. Some portable plasma cutting machines, for example, can now cut through materials as thick as several inches, and portable waterjet cutting machines can cut through a variety of materials with a cutting area of several feet. These advancements are expanding portable cutting machine capabilities and making them more versatile for a wider range of cutting tasks.

Portable Cutting Machines Market Regional Insights

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"Growing industrialization is driving demand for cutting machines in the Asia Pacific"

According to market research, the Asia Pacific region is the leading market, with China and India driving growth. The region's dominance can be attributed to a variety of factors, including increased industrialization and increased demand for cutting machines in a variety of industries. China is the region's largest market, and it is expected to remain so in the coming years. The country's rapid industrialization, combined with increased infrastructure investments, has fueled demand for cutting machines. Furthermore, the increased emphasis on lowering labor costs and improving production efficiency has boosted the country's adoption of portable cutting machines. Other Asia Pacific countries, such as Japan, South Korea, and Southeast Asian countries, are also experiencing significant growth in the portable cutting machines market, driven by an increase in demand for efficient and precise cutting technologies across a variety of industries. Asia Pacific is expected to continue to dominate the portable cutting machines market, owing to rising industrialization and increased manufacturing investment. The region's high growth potential and rising demand for cutting machines make it an appealing market for portable cutting machine manufacturers.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

The market's major players are investing in research and development to improve their product offerings and increase their market share. They are incorporating cutting-edge technologies such as automation and robotics to increase efficiency and precision, which is appealing to industries that require precise cutting. Furthermore, some manufacturers are focusing on developing portable cutting machines that are more environmentally friendly and can cut a broader range of materials, which can help them appeal to a broader customer base. Overall, key industry players are constantly innovating to increase portable cutting machines market share.

List of Market Players Profiled

• Eastman Machine Company
• DWT GmbH
• RINCO
• Colfax
• Koike Aronson
• Promotech

Report Coverage

The primary subjects of this research are the market's size and value at the global, regional, and company levels. The size of the global market is presented in this study based on an analysis of past data and future growth. This essay focuses on some significant geographic regions, such as China, Japan, North America, and Europe. The study report includes detailed divisions by area, company, kind, and end user. Knowing the categories makes it simpler to recognize the importance of numerous factors that influence market growth.