Metal cutting machines are used to cut metal frames in various sizes and shape. They are extensively used in various application industries to cut different types of ferrous and non-ferrous metals to produce a finished product of desired geometry. It provides multiple advantages to the finished products, including surface texture or finish, closer dimensional accuracy, complex shaping, and required size.
The global metal cutting machines market size was USD 77.24 billion in 2019 and is projected to reach USD 101.48 billion by 2027, thus by exhibiting a CAGR of 4.2% during the forecast period. Rising demand for highly-efficient metal cutting machines from various application industries, including automotive, aerospace and defence, electronics, and marine, is expected to be the key driving factor over this time span. Mainly 3 things are driving the growth – Industry 4.0, increasing demand in the automotive sector and the growing popularity of CNC metal cutting tools attributing to high efficiency, transparency, cost-saving and time efficiency. Moreover, the advent of 3D printing methods has enabled significant growth of the market in recent years.
There are primarily 4 different types of metal cutting machines used in the world.
Asia Pacific dominated the market and accounted for 41.8% share of global revenue in 2019, on account of rapid industrialization coupled with improving economic conditions, most notably in India, China, and South Korea are anticipated to drive the product demand in the region. Europe and North America are expected to exhibit lucrative growth during the forecast period as a result of the increasing demand for prefabricated metals. The Middle East and Africa is expected to grow owing to increasing investment in the non-oil business. The metal cutting tools market in Latin America is expected to grow due to increasing demand from the automotive sector.
KEY INDUSTRY PLAYERS
The competitive environment is quite intense, with several players providing energy-efficient and customized metal cutting machines at competitive prices. Some of the prominent players in the metal cutting machine market include:
Bystronic Laser AG (Switzerland), Colfax Corporation (the U.S.), Nissan Tanaka Corporation (Japan), TRUMPF GmbH + Co. KG (Germany), Danobat Group (India), Lincoln Electric Holdings, Inc. (the U.S.), Koike Aronson, Inc. (the U.S.), Dalian Machine Tool Group Corporation (China), Water Jet Sweden AB (Sweden), and Mass Cutting Systems (India). These players compete with each other with respect to their product portfolio in order to strive in the market.
Copyright © 2023 AlCircleBiz All Rights Reserved.
'Most searched' on AlCircleBiz
Raw Materials and Consumables:
Magnesite | Fluorspar | Propeller Scrap | Tin Brass Scrap | Gun Metal Scrap | Honey Brass Scrap | Silicon Metal 2202 | Silicon Metal 3303 | Silicon Metal 421 | Silicon metal 441 | Silicon metal 553 | Silicon Metal | Silicon metal 553 | Silicon metal 441 | Silicon metal 3303
Machinery and Equipment:
Aluminium Scrap 6063 | 3004 Aluminium Foil | Aluminium powder | House on Wheels Interior | Radiator Door | Aluminium Caul Board | Aluminium Coil | Aluminium Corrugated Sheet | Aluminium Chequered Sheets | Aluminium Sheets | Aluminium Scrap 97 Purity
Screw Module Series | Aluminium Die- Casting | Aluminium Medical Equipment Profile | Led Aluminium Profile | Mobile frame series | Electronic Series | Chamber series | Bike Accessories | Aluminium Tope | Aluminium Circle | Aluminium Extrusion | Standard Geometric Profiles
Utility and Services:
Logistics Services | Equipment Assessment Service | Material Audits & Valuation Service | Remelting of Aluminium Scrap Service | Cable Recycling Service | Warehousing and Distribution Service | Sea Freight Service
Aluminium Buying Leads:
Aluminium Selling Leads:
AlCircleBiz: CONNECTING BUSINESS - IN THE GLOBAL ALUMINIUM INDUSTRY
Founded in 2019 and based out of Singapore, AlCircleBiz is the world's 1st online B2B marketplace for the global aluminium industry, connecting businesses. One of the biggest USPs of AlCircleBiz is – it covers the entire aluminium value chain i.e., from - raw materials and consumables, primary aluminium, equipment, aluminium products, scrap, technology, service providers – bringing everything under one roof.
When you register on AlCircleBiz, you can post business leads, get to explore all listed products and services and can send enquiries directly to the sellers. When you onboard as a registered seller, you can list unlimited products/services to get new customers & grow your business in the domestic as well as international aluminium industry.
BUY/SEND ENQUIRY FROM AlCircleBiz
Raw Materials and Consumables
Find quality & verified aluminium raw materials and consumables suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies & reach out to them through online enquiries. From Propeller Scrap, Tin Brass Scrap, Gun Metal Scrap, Honey Brass Scrap, Silicon Metal 3303 and more. Discover sellers like Xiamen JCX Import And Export Co.Ltd, Al-Azeem Enterprises, Madina Metal and more.
Find Primary aluminium manufacturers and suppliers. Choose reliable and genuine primary aluminium manufacturers, suppliers, exporters at AlCircleBiz. Aluminium Ingot, Billet, Alloy Bar latest price from sellers like RADIANTA ALLOYS PVT. LTD., Shayona Impex, Silver Rush Exim and more.
Machinery and Equipment
Find quality aluminium machinery and equipment, suppliers, manufacturers, exporters, importers and buyers around the world. Send enquiries on aluminium machinery and equipment products to get price quotes and other information.
Find quality & verified aluminium products suppliers, manufacturers, exporters, importers and buyers around the world. Latest price on aluminium products. Get contact details and address of companies manufacturing and supplying aluminium products.
Find quality aluminium end user product suppliers, manufacturers, exporters, importers and buyers around the world. Get contact details and address of companies manufacturing and supplying aluminium end user products.
Utility and Services
Find all different kinds of aluminium utility and services providers around the world at AlCircleBiz. Get contact details and address of companies providing utility and services for the aluminium industry.
SURPLUS, a unique feature of AlCircleBiz, to help you sell any unused assets, with customized and dedicated marketing to attract immediate customer needs. If you have any unused product, raw materials, scrap or used equipment or machinery and you want to sell it off, then you can get verified enquiries from potential customers by availing this SURPLUS feature.
Aluminium Business Leads
Both sellers and buyers can post business leads for any specific requirements & can choose to respond to other active business leads.
Post Buying and Selling leads at AlCircleBiz is easy, fast & super affordable! We follow an authentic online method of reaching a niche audience and once you have posted a lead, you can get an unlimited number of responses against your lead. These business leads cover the entire aluminium value chain that includes Raw Materials and Consumables, Primary Aluminium, Machinery and Equipment, Aluminium Products, End User, Utility and Services and Surplus Products.
The in-house team of experts at AlCircleBiz is trained to check and verify the authenticity of online presence of all their registered sellers and business leads, hence you get a list of reliable product suppliers and only verified leads.
SERVICES AND PRICING
Registration on AlCircleBiz is FREE. With Registration, you get the following benefits -
- Explore AlCircleBiz platform to get connected with global sellers and buyers
- Check out all products/services & send unlimited enquiries directly to the sellers
- Post unlimited buying and selling requirements as Business Leads
- Get responses from potential customers against your posted Lead (First 10 responses in one year are free)
- Check out other active Business Leads and respond directly to the clients at No Cost - Unlimited Responses
If you onboard yourself as a registered seller for FREE, you get the following additional benefits
- Get free company profile page on AlCircleBiz website
- List unlimited number of products/services
- Get enquiries directly in your Inbox from potential clients (First 10 enquiries in one year are free)
We also have many paid offerings - like MyBiz, Surplus, Advertisement Solutions etc.
Visit us at: www.alcirclebiz.com
Global marketplace for the
entire aluminium value chain.