In-depth Analysis of the COVID-19 Impact on Cutting Equipment, Accessories & Consumables Market

The report aims at estimating the market size and future growth potential of the cutting equipment, accessories, and consumables market across different segments such as equipment type, product, technology, end-use sector, and region. The other objectives include providing detailed information regarding the main factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). It also aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders. The study strategically profiles key players and comprehensively analyzes their core competencies.

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The research methodology used to estimate and forecast the cutting equipment, accessories, and consumables market begins with capturing data on key vendor revenues through secondary research and associations such as North American Cutting Equipment, Accessories, And Consumables Association, European Cutting Association (ECA), and Cutting Equipment Association (CEA). The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the global cutting equipment, accessories, and consumables market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below.

Target Audience

• Raw material suppliers and producers
• Regulatory bodies
• Cutting equipment, accessories, and consumables distributors/suppliers
• End-users. (Oil and gas industry, automobile industry, construction, F&B).

♦ Key Market Players -

The ecosystem of the global cutting equipment, accessories, and consumables market comprises of distributors/suppliers such as Colfax Corporation. (U.S.), Lincoln Electric Company. (U.S.), Illinois Tool Works Inc. (U.S), Air Liquide (France), and the Linde group (Germany). Other players in this market include GCE holding AB (Sweden), Fronius international GMBH (Austria), Messer group (Germany), Matheson tri-gas Inc. (US), Bug-O (US), Gentec (Shanghai), and Muller (Germany) which help the manufacturers in the development and growth of cutting equipment, accessories, and consumables and markets.


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