Abrasive Cutting Machines Market: An Integration of Abrasive Cutting Machines With Industrial automation and the adoption of Industry 4.0 principles are Gaining Traction

The Global Abrasive Cutting Machines Market size was valued at USD 4.16 Billion in 2022 and the total Abrasive Cutting Machines Market is expected to grow at a CAGR of 4.86% from 2023 to 2029, reaching nearly USD 5.80 Billion.
Abrasive Cutting Machines Definition:
Abrasives are mainly distinguished by their degree of hardness. They are classified according to hardness, material and grain size. The abrasive cutting machine is machine, which contains industrial high–pressure water jet system. The machines are used to cut a wide variety of materials like metals, plastics, and composite. It works through rotating abrasive wheel to grind away the material. The wheels, which is used in the abrasive cutting machines are made up of small particles of a hard material like silicon carbide that also bonded together with a resin or other adhesive. Abrasive cutting machines are designed to deploy high-speed rotational motion to the abrasive wheel that grinds and cuts through the material.


Abrasive Cutting Machines Market Overview:
The Abrasive Cutting Machines Market is expected to grow during the forecast period. An abrasive cutting machine is made up of a high–pressure industrial water jet system and used to cut internal sections of automobiles, holes, and trim edges. It is also used to cut helmets and other 3D products. The expansion of manufacturing sector, mainly in emerging economies is a major driver for abrasive cutting machines adoption. Ongoing developments in abrasive cutting machine technology is expected to improve their performance, efficiency, and precision. An integration of automation and computer numerical control (CNC) systems are expected to increase the productivity and capabilities of abrasive cutting machines. Many industries are demanding customized cutting solutions to encounter their specific requirements. Abrasive cutting machines offer versatility to different cutting applications. On the other hand, Abrasive cutting machines cost can be high for small and medium-sized enterprises. Abrasive cutting machines are facing competition from other cutting technologies, which is one of the key challenges for the key players operating in the market. The abrasive cutting machines market is expected to witness steady growth during the forecast period. Key manufacturers operating in the market are focusing to find out solution on some of the challenges like high initial investment costs and competition from alternative cutting technologies.


To know about the Research Methodology :- Request Free Sample Report
Abrasive Cutting Machines Market Dynamics:
Rapid Industrialization is one of the key drivers behind the abrasive cutting machines market growth

The process of societies transitioning from predominantly agrarian economies to ones centred on manufacturing and industrial production is referred to as industrialization. The rapid industrialization is expected to lead the expansion of the end-user industries manufacturing activities across various sectors. As the Abrasive Cutting Machines industry is growing, there is expected to have a greater need for cutting and shaping materials like metal, wood, ceramics, and composites.

Abrasive cutting machines are expected to play a vital role in the manufacturing process in the industrial sector by deploying accurate cutting solutions. Abrasive cutting machines are offering like accuracy, speed, and repeatability that assist industries to modernize their production lines and expand overall productivity. As key players operating in the Abrasive Cutting Machines Market are seeking to improve their operations, the demand for abrasive cutting machines is expected to increase at a rapid rate across developing economies and developed countries. An increase in adoption of automation in manufacturing is also driving the demand for abrasive cutting machines

The requirement for High-precision Cutting is boosting the production of the abrasive cutting machines.
The demand for high-precision cutting is expected to increase by the factors like technology advancement, quality requirement in the industrial production sector, adoption of the industry 4.O standards, and demand for greater productivity. High-precision cutting is the process of cutting materials accurately with tolerance reduction. Technological advancements are expected to drive the development of sophisticated cutting tools, which usages advanced control systems, computer numerical control to form the precise cuts.

Many end-users’ industries have regulations and quality standard. High-precision cutting safeguards that components and parts are mass-produced with the mandatory accuracy and acceptances. It also permits for the production of complex geometries, which are vital for the functioning and reliability. The trend of miniaturization in electronics and medical sector are increasing the need for high-precision cutting, which is resulting in the high production of the abrasive cutting machines. The development of innovative materials like alloys, composites, and fabricated engineered plastics are expected to present challenges in cutting and machining process that is also drive the need and growth of the Abrasive Cutting Machines Market.

Ongoing Construction and Infrastructure Projects are driving the market growth

Ongoing construction and infrastructure projects are driving the demand for Abrasive Cutting Machines Market. The global construction industry is expected to grow at a CAGR of 3.2% during the forecast period. The construction industry growth is driven by number of factors, including population growth, urbanization, and economic development. In the construction sector, abrasive cutting machines are widely preferred to cut concrete slabs, beams, and columns, which is common task in the construction of buildings, roads, and other structures.

It is also used to cut brick walls and other structures. The abrasive cutting machines have high demand scope in the construction sector because of its usages in the renovation of buildings and the construction of new structures. It is used to cut stone slabs, tiles, and other materials in the area of walkways, patios, and other outdoor areas. Concrete is a normally used material in construction. An abrasive cutting machines are used to cut concrete structures, where its need in the application area like openings for doors and windows, removing damaged sections and modifying existing structures.

Some of the ongoing construction and infrastructure projects are the high Speed 2 Rail Project is a major infrastructure project in the United Kingdom, which includes the construction of a new high-speed railway line. The demand for Abrasive Cutting Machines Market is expected to increase to cut materials for the railway line, including concrete. The New Doha International Airport is a major infrastructure project in Qatar, which includes the construction of a new airport that is expected to replace the existing Doha International Airport. The Abrasive cutting machines are expected to use to cut materials for the airport, like concrete, steel.

Automotive and Aerospace Industries have demand for Abrasive Cutting Machines

The abrasive cutting machines are used in the automotive sector to cut a variety of components like engine blocks, brake rotors, and exhaust systems and they are also used to cut parts for vehicles like cars, trucks, and buses. The abrasive cutting machines are used to cut components like wings, fuselages, and landing gear and also have a demand to cut parts for aircraft like airplanes, helicopters, and spacecraft. The European commercial aerospace sector has been growing rapidly on the back of higher aircraft deliveries.

An increase in demand for commercial and military aircraft along with a substantial defense spending has contributed to the growth of the aerospace and defense industry in Europe. Europe is actively engaged in conducting extensive R&D of emerging technologies for deployment in the aerospace sector, which is expected to drive the demand for abrasive cutting machines. An increase in focus on the modernization of military space missions and the resiliency of space capabilities is expected to drive the abrasive cutting machines market growth.

Geothermal Power Push Points to Record production of the Abrasive Cutting Machines across the globe
Abrasive cutting machines are used to drill wells for geothermal energy extraction, which is complex process that requires precision and accuracy.

Many oil and gas key players are investing in start-ups to see a new record in the number of wells drilled for power generation. According to the research, more than 1,100 geothermal wells were drilled for power generation, with an average of 180 per year in the period during the period 2015 to 2021. With the current high level of interest in geothermal, the pace of innovation has picked up high investment in geothermal exploration across the region.

The geothermal sector has traditionally been dominated by high-enthalpy regions where wells have been drilled at depths of between 2,000 and 3,000m. Currently, forward-looking to the active geothermal wells for power generation, most have reservoir temperatures of more than 200°C. The United States leads the world in the amount of geothermal electricity generation. In 2021, there were geothermal power plants in seven states, which produced about 16 billion kilowatt-hours (kWh) (or 16,238,000 megawatt hours) in North America. The Government of Canada is advancing its transition to a low-carbon economy in Canada through strategic investments and innovative partnerships.

The country is advancing the deployment of smart renewable energy and enabling grid modernization technologies through various communities to support the clean energy transition and the contest against climate change.
Abrasive Cutting Machines Market Segment Analysis:
Based on the product type, the abrasive cutting machines market is segmented into manual, and automatic. The abrasive cutting machine is used to drill, cut and clean abrasive material. In the market, abrasive cutting machines are available in the manual or CNC-controlled form. Manual machines are used for smaller applications and CNC machines are used for more complex or precise cutting in the industrial sectors. The machine is also used widely in metallurgical testing laboratory, where metallographic samples need to be cut to the area of interest and for easy handling. Abrasive cutting is commonly used for metal varieties sample preparation.

An automatic abrasive cutting machines held the dominant position in the market in 2022 with a share of 73.2%. An adoption of the automatic abrasive cutting machines segment is increasing demand for high-precision and efficient cutting machines, which are available with advanced features such as CNC control. End-users are shifting their prefernce of usages of abrasive cutting machine from manual to automated abrasive cutting machines as it offers many benefits. By using automatic abrasive cutting machines, it is possible to get smooth surface finish. This machine has the ability to cut heat-sensitive and fragile materials without causing damage.



Based on the Application, the market is segmented into High-alloyed steels cutting, Non-ferrous metal alloys cutting, and other high-grade materials cutting. The High-alloyed steels cutting segment held the dominant position in 2022, with a share of 42.2% and it is projected to continue its dominance during the forecast period. High-alloyed steels are used in aerospace, automotive, and defense industries to manufacture components that require high strength and durability.

An increase in demand for abrasive cutting machines in numerous industries for the cutting of high-alloyed steels is the key factor that drives the growth of high-alloyed steels cutting segment in the global market in the forecast period. Non-ferrous metal alloys cutting segment held the second leading position in the market with a share of 32.4% in 2022 because of its demand from electrical, electronics, and construction industries. The Other high-grade materials cutting is expected to hold more than 20% by 2029 with the rapid expansion and developments of ceramics, composites, and plastics industry across the globe.

By end user industry, the abrasive cutting machines market is segmented into automotive, electronics, aerospace and defense, manufacturing and others. The automotive industry held the largest market share of 34.2% in 2022 because of demand for high-precision and competent cutting machines in the automotive manufacturing sector. abrasive cutting machines have applications in the industry to cut a variety of plastic components like dashboards, door panels, and bumpers. It is also used to cut carbon fiber and fiberglass composite material.


Abrasive Cutting Machines Market Regional Insights:
By the geographic analysis, North America held the dominant position in the market with a share of 34.2% in 2022. The market is expected to grow at a CAGR of 5.5% during the forecast period. The demand for high-precision and efficient cutting machines in the automotive, aerospace, and manufacturing industries are some of the prominent factors behind the market growth. The large industrial base and high production capacity of companies in the country are responsible for the market's growth.

The aerospace industry is a key end-user of abrasive cutting machines in North America. that is driving the demand for abrasive cutting machines in the aerospace industry. The US government has taken initiative for innovation and modernization, which is resulting in a new acquisition authority. High investments and organizational changes are expected to continue and the deployment of new military space concepts that is expected to drive the demand of abrasive cutting machines.

Asia Pacific is emerging market place for Abrasive Cutting Machines

A rapid expansion of the end-user industries like Automotive, aerospace & defense and others in the developing economies as China, India, South Korea, Taiwan, and other developing countries are expected to boost the abrasive cutting machines market growth. Many key players from different sector are focusing on the shifting their production unit to the Asia Pacific because of the availability of the cheap labour and drastically increasing economic growth rate and manufacturing industries. An increase in adoption of advanced technologies in the production of the abrasive cutting machines are expected to contribute revenue in the Asia Pacific market growth.

The Asia Pacific abrasive cutting g machines is expected to grow at a CAGR of 6.6% during the forecast period. The demand for high-performance vehicles, demand for abrasive cutting machines in the aerospace industry and investment in research and development by leading players in the abrasive cutting machines are expected to drive the market growth in the near future. Developing regions such as Asia-Pacific, Latin America, and Africa are witnessing rapid industrialization, which is driving the demand for abrasive cutting machines. The expanding manufacturing sector in these regions presents significant opportunities for market growth.
Abrasive Cutting Machines Market Scope: Inquire before buying



Abrasive Cutting Machines Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
USD 4.16 Billion


Forecast Period 2023 to 2029 CAGR:
4.86 %
Market Size in 2029:
USD 5.80 Billion


 Segments Covered:
by Machine Type
Automatic
Manual


by Application Type
High-alloyed Steels Cutting
Non-ferrous Metal Alloys Cutting
Order High-grade Materials Cutting


by End User Industry
Automotive
Electronics
Aerospace and Defense
Manufacturing
Others



Abrasive Cutting Machines Market by Region:
North America (United States, Canada, and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and the Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Abrasive Cutting Machines Market Key Players:
1. Heckler And Koch
2. Struers
3. ATM GmbH
4. Xi Enshi
5. Aisida
6. Buehler
7. Prius
8. NDS / NPM
9. BROT-LAB
10. Hefei Branch Crysta
11. LECO Corporation
12. Metkon Instruments Inc
13. Fine Testing Instrument (India)
14. Elegant Enterprises
15. Metnation Technologies
16. Daksh Quality Systems
17. Conation Technologies

FAQs:

1] What segments are covered in the Global Abrasive Cutting Machines Market report?
Ans. The segments covered in the Abrasive Cutting Machines report are based on Machine Type, application, end-user and Region.

2] Which region is expected to hold the highest share in the Global Abrasive Cutting Machines Market during the forecast period?
Ans. The Asia Pacific region is expected to hold the highest share of the Abrasive Cutting Machines Market during the forecast period.

3] What is the market size of the Global Abrasive Cutting Machines Market by 2029?
Ans. The market size of the Linear Lighting by 2029 is expected to reach US$ 5.80 Bn.

4] What is the forecast period for the Global Abrasive Cutting Machines Market?
Ans. The forecast period for the Abrasive Cutting Machines Market is 2023-2029.

5] What was the market size of the Global Abrasive Cutting Machines in 2022?
Ans. The market size of the Abrasive Cutting Machines Market in 2022 was valued at US$ 4.16 Bn.