The global plasma cutting system market is anticipated to grow at a CAGR of 5.5% during the forecast period (2023-2030). The ongoing developments in the plasma cutting system is driving the growth of the global plasma cutting system market. For instance, in September 2022, Hypertherm Associates, a US based manufacturer of industrial cutting products and software, had announced the release of a single-piece consumable cartridge and cutting torch for Hypertherm HPRXD plasma systems. The new HPR cartridge is designed for use with current HPRXD systems, and aside from the new torch, requires no changes to the system or system settings. Operators can replace both in seconds without the use of tools. The cartridge replaces the traditional 5-piece consumable stackup with a perfectly aligned part that lasts longer and delivers extended high-definition cut quality. It makes consumable management and assembly much easier, and eliminates errors caused by incorrect handling or installation.
In November 2021, CNC Plasma Cutting Machine was inaugurated at Structural and Fabrication Shop of SAIL, Rourkela Steel Plant by Ravi Ranjan, CGM. The Gantry design CNC profile cutting machine comprises a Plasma cutting station and one Oxy Propane flame cutting station. The machine will be used to cut stainless steel and other nonferrous plates to any profile or shape. Compressed air/nitrogen/oxygen will be used in the machine as plasma gas and shield gas. Cutting by plasma is considerably faster than Oxy propane flame cutting in addition to high accuracy and smooth finishing. The installation of this machine will enhance the material cutting and fabrication capacity of the shop which will now be able to meet the increasing requirement of the plant and other units of SAIL.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Type
- By End-User Industry
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Hypertherm, Esab, Komatsu, Nissan Tanaka, and Messer Cutting systems among others.
Plasma Cutting System Market Report Segment
By Type
- Portable
- Stationary
By End-User Industry
- Aerospace & Defense
- Industrial Construction
- Electrical Equipment
- Automotive
- Other
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Plasma Cutting System Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AJAN ELEKTRONIK
- Automated Cutting Machinery Inc.
- C and G Systems Corp.
- ERMAKSAN MAKINA SANAYI VE TICARET AS
- ESAB Corp.
- Hornet Cutting Systems
- Hypertherm Inc.
- Illinois Tool Works Inc.
- Jorgenson Machine Tools Inc.
- Kjellberg Holding GmbH
- Koike Aronson Inc.
- Komatsu Ltd.
- Kongsberg PCS
- Messer Cutting Systems Inc.
- NISSAN TANAKA Corp.
- SICK AG
- Spiro International SA
- The Lincoln Electric Co.
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