According to a recent market study published by Growth Market Reports, titled, “Global Oxyfuel Cutting Machines Market by type, by application, by distribution channel, and by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 1,769.5 Million in 2022 and is anticipated to grow at a growth rate 5.5% by the year 2031.

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Oxyfuel technology is one of the oldest and most crucial cutting techniques in the metalworking industry, which was first developed in 1901 and is also referred to as oxyfuel flame cutting. This method of thermally cutting steel involves oxidizing the metal with an oxygen jet and blowing it out of the kerf once it has been heated to ignition temperature. The flame-cutting aggregate consists of a ring-shaped heating nozzle, a separate fuel gas-oxygen supply, and an oxygen-cutting nozzle placed in the middle. Oxyfuel-cutting machines are employed in precision-oriented environments and have become indispensable in the modern metal-cutting industry. Oxyfuel cutting machines are equipped with computer numerical control (CNC) machines, which are controlled by a computer and provide a level of efficiency, accuracy & consistency that is impossible to achieve through a manual process. The CNC oxyfuel cutting machines are often equipped with more than one oxyfuel cutting torch for efficient parallel cutting operations. These machines offer high precision and automation capabilities, which makes working with metal easy and efficient.

The Global Oxyfuel Cutting Machines Market has been fragmented based on type, applications, distribution channel, and regions. Based on Type, the global Oxyfuel Cutting Machines Market is segmented into Based on Type, the global Oxyfuel Cutting Machines Market is segmented into Systems, and Consumables. The Systems sub-segment is further divided into Manual, Semi-Automatic, and Automatic Oxyfuel Cutting Machines and Consumables segment is further sub-segmented in to Machine Cutting Torches, Machine Cutting Nozzles, Flashback Arrestors, and Others. Based on Application, the global Oxyfuel Cutting Machines market is segmented into Automotive & Aerospace, Construction, Ship Building, Manufacturing, Infrastructure & Energy, and Utilities. Based on distribution channel, the global Oxyfuel Cutting Machines market is segmented into OEM and Aftermarket.

The Global Oxyfuel Cutting Machines Market was slightly impacted by the covid-19, owing to the disruption in the supply chain and limitations in the cross broader transaction. However, the use of Oxyfuel Cutting Machines is likely to rise in manufacturing sector in the near future.

As per growth market reports industry analyst XX, “Manufacturing and infrastructure sectors play important roles in the oxyfuel cutting machines market. It has a significant impact on the demand for, distribution of, and accessibility of oxyfuel cutting machines, affecting both users and manufacturers.

Key Takeaways from the Study:

  • Key players operating in the market are ALLtra Corporation, ESAB (ESAB Corporation), Esprit Automation Ltd., Hornet Cutting Systems, Koike Aronson, Inc., Kunshan Qiankun Machinery Manufacturing Co., Ltd., Messer Cutting Systems GmbH, MicroStep, spol. s r.o., Shanghai Huawei Welding & Cutting Machine Co., Ltd., The Lincoln Electric Company, Voortman Steel Machinery and ZINSER GmbH. These companies are considered as key manufacturers of Oxyfuel Cutting Machines based on their revenue, research development (R&D) activities, Gauge Type offerings, regional presence, and supply chain management system.

  • Based on Type, the global Oxyfuel Cutting Machines Market is segmented into Systems, and Consumables. The Systems sub-segment is further divided into Manual, Semi-Automatic, and Automatic Oxyfuel Cutting Machines and Consumables segment is further sub-segmented in to Machine Cutting Torches, Machine Cutting Nozzles, Flashback Arrestors, and Others. The fully automatic segment held XX% value share of the market in 2022, and is expected to expand at XX% CAGR between 2023 and 2031. While manual machines are still favored in some applications, demand for semi-automatic and fully automatic machines is increasing due to their capacity to improve productivity, accuracy, and efficiency.

  • Based on Application, the global Oxyfuel Cutting Machines market is segmented into Automotive & Aerospace, Construction, Ship Building, Manufacturing, Infrastructure & Energy, and Utilities. The Automotive & Aerospace segment held XX% value share of the market in 2022, and is expected to expand at XX% CAGR between 2023 and 2031. The automotive and aerospace segment is growing in the oxyfuel cutting machine market due to the machine’s ability to produce precise cutting, handle numerous materials and fulfill the industry’s increasing needs for efficiency and sustainability.

  • Based on Distribution Channel, the global Oxyfuel Cutting Machines Market is segmented into OEM and Aftermarket. The OEM segment held XX% value share of the market in 2022, and is expected to expand at XX% CAGR between 2023 and 2031. The OEM segment is expanding in the oxyfuel-cutting machine market due to the machine’s ability to provide precise cutting and offer cost-effective manufacturing. OEMs continue to play a crucial role in industries and seek to match their customer’s growing demands, need for oxyfuel-cutting machines continues to expand gradually in this segment.

  • On the basis of region, the global Oxyfuel Cutting Machines Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & and Africa (MEA). The market in North America is estimated to hold a substantial market share in the coming years, as the manufacturing industry in the region is expanding as a result of rising demand for a variety of products from different industries such as automotive, construction, and energy. Oxyfuel-cutting machines are utilized in these industries for precision metal cutting, making them vital tools for manufacturer. In Europe, the market is anticipated to expand at a CAGR of XX% between 2023 and 2031. The market is expected to expand at a rapid pace during the forecast period, due to the growing emphasis on renewable energy, which is leading to increasing investment in industries such as wind energy and solar power. Oxyfuel-cutting machines are used in the production and installation of renewable energy infrastructures such as wind turbine components and solar panel frameworks.

Report Scope:

Report Metric

Details

Market Value in 2022

US$ 1,769.5 Million

Market Growth Rate (from 2016 to 2031)

5.5%

Historical Data

2016 to 2021

Base Year

2022

Forecast Period

2023 - 2031

Units Considered

Value (US$ Million)

Market Segments

By Type, By Application, By Distribution Channel and By region

Key Companies Profiled

ALLtra Corporation, ESAB (ESAB Corporation), Esprit Automation Ltd., Hornet Cutting Systems, Koike Aronson, Inc., Kunshan Qiankun Machinery Manufacturing Co., Ltd., Messer Cutting Systems GmbH, MicroStep, spol. s r.o., Shanghai Huawei Welding & Cutting Machine Co., Ltd., The Lincoln Electric Company, Voortman Steel Machinery and ZINSER GmbH

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturer, distributors, wholesaler, and Supplier.

  • Demand Side: Automotive & Aerospace, Construction, and Manufacturing sectors.