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Pipe Cutting Machines Market Size, Share Global Analysis Report, 2020–2026
Pipe Cutting Machines Market By Product Type (Cold Cutting and Flame/Plasma Cutting), By Cold Cutting (Slit Frame and Chain Type-Excalibur/CGM Type) and By Flame/Plasma Cutting (Saddle Type, Band Type, MXI/Maxi Jolli and Chain Dragon/Mini Jolli): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Pipe Cutting Machines Market size was worth around USD 338 million in 2019 and is predicted to grow around USD 460 million by 2026 with a compound annual growth rate (CAGR) of roughly 4.5% between 2020 and 2026. The report analyzes the global Pipe Cutting Machines Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Pipe Cutting Machines Market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the pipe cutting machines industry. The report analyzes and declares the historical and current trends analysis of the pipe cutting machines industry and subsequently recommends the projected trends anticipated to be observed in the pipe cutting machines market during the upcoming years.
The pipe cutting machines market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire pipe cutting machines market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (K Units) from FY 2016 – 2026.
Key Insights from Primary Research
- After conducting extensive interviews with high ranking executives of the companies operating in the pipe cutting machine market, we concluded that the global pipe cutting machines market to foresee steady growth in the vicinity of 5 % till 2026 end.
- Their insights projected that the global market value of the pipe cutting machine market to surpass value of USD 450Million by 2026. We authenticated the projected figure with our secondary research conducted by our experienced analysts.
- The representatives predict the plasma cutting products to dominate the market while exhibiting the highest growth rate. The saddle type plasma cutting machines will continue to the trend of higher sales and demand.
- The Asia Pacific region is expected to continue the trend of dominance while generating the highest revenue during the forecast period. CXOs also believe the Asia Pacific region to exhibit the fastest growth with expected CAGR of above 5% in foreseeable future.
- The European region is expected to remain the second major market for the global pipe cutting machine market while generating more than 29 % of global revenue.
Key Recommendations from Analysts
- Our analysts recommend for increased focus in the Asia Pacific region. China and India are major economies in the Asia Pacific region with the rising industrial sector. The governments in these countries are increasingly investing in infrastructure development.
- The plasma cutting machines will continue higher sales with increased preference to saddle type plasma cutting machines.
- With new technologies coming into the market with respect to increased cutting speed, portability, and less maintenance, the market is expected to remain competitive in terms of technology.
- Our analyst also predicts for significant rise in demand for pipe cutting machine in the European region especially for the automotive, aerospace &defense, oil & gas, mineral extraction and mining industries.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the pipe cutting machines industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the pipe cutting machines industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the pipe cutting machines market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the pipe cutting machines industry. The pipe cutting machines market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 338 Million |
Projected Market Size in 2026 |
USD 460 Million |
CAGR Growth Rate |
CAGR 4.5% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Mathey Dearman, Inc., B&B Pipe and Industrial Tools LLC, H&M Pipe Beveling Machine Company, Inc. and TAG Pipe Equipment Specialists Ltd. |
Key Segment |
By Product, Cold Cutting, Flame/Plasma Cutting, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the pipe cutting machines sector. Key strategic developments in the pipe cutting machines market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the pipe cutting machines market are appropriately highlighted in the report.
The rise in the government spending for the construction and pipeline projects in addition to favorable policies in reference to the production of steel are expected to drive the growth of the global pipe cutting market over the forecast period. These policies are benefitting the steel pipe manufacturing company which is positively impacting the production of the steel pipes. These developments are expected to increase the demand for pipe cutting machines and drive industry growth in the near future.
The market growth is further boosted by the rapidly growing oil & gas industry which have increased the demand for steel pipes. Pipe cutters are highly used in the industrial sector. The oil & gas industry is undergoing robust growth and major industry players are investing in the industry to cater the burgeoning demand. Such factors are expected to further boost the global pipe cutting machines market growth over the forecast period.
The pipe cutting machines market research report delivers an acute valuation and taxonomy of the commercial cold equipment industry by practically splitting the market on the basis of different cold cutting type, flame/plasma cutting type and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the commercial cold equipment industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the commercial cold equipment industry is provided for the leading economies of the world.
The pipe cutting machines market is segmented based on cold cutting and flame/plasma cutting. On the basis of cold cutting type segmentation, the market is classified into slit frame and chain type-Excalibur/CGM type. On the basis of flame/plasma cutting type, the market is bifurcated into saddle type, band type, mxi/maxi jolli and chain dragon/mini jolli.
Some of the essential players operating in the pipe cutting machines market, but not restricted to include
- Mathey Dearman Inc.
- B&B Pipe and Industrial Tools LLC
- H&M Pipe Beveling machine Company
- Inc. and TAG Pipe Equipment Specialists Ltd.
The taxonomy of the pipe cutting machines market by its scope and segmentation is as follows:
By Product Segmentation Analysis
- Cold Cutting
- Flame/Plasma Cutting
By Cold Cutting Segmentation Analysis
- Slit Frame
- Chain Type-Excalibur/CGM type
By Flame/Plasma Cutting Segmentation Analysis
- Saddle Type
- Band Type
- Mxi/Maxi Jolli
- Chain Dragon/Mini Jolli
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Mathey Dearman Inc.
- B&B Pipe and Industrial Tools LLC
- H&M Pipe Beveling machine Company
- Inc. and TAG Pipe Equipment Specialists Ltd.
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