Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.

  Because of its low cost, fast speed, and accuracy cuts, oxy-fuel followed by plasma cutting technology is widely employed. Laser cutting, for example, is a solid, dependable, and well-known cutting technology with high cut quality. This will offer up new growth opportunities for the market, especially in areas where it is now underutilized.

  During the projected period, the global cutting equipment market is expected to grow at a steady pace. Market growth is likely to be aided by increased deployment in end-use sectors such as shipbuilding and offshore, as well as automotive. According to Coherent Market Insights, the worldwide cutting equipment market was valued at over 3,400 thousand units in 2016 and is predicted to grow at a CAGR of 3.93 percent to 4,900 thousand units by 2025.

Read more: https://bit.ly/3zUJS9G

Source:

https://www.coherentmarketinsights.com/market-insight/cutting-equipment-market-1037

0

Login

Welcome to WriteUpCafe Community

Join our community to engage with fellow bloggers and increase the visibility of your blog.
Join WriteUpCafe