20 likes | 50 Views
the market for cutting equipment, accessories, and consumables will grow from 6.67 USD Billion in 2016 to 8.27 USD Billion by 2021, at a CAGR of 4.40%. This market is growing due to increasing infrastructure and construction activities, manufacturing of automobiles, public expenditure from governments and production of crude steel. Rising per capita income of the middle class has increased the purchasing power of the consumers, which has resulted in an increase in the number of new constructions and manufacturing, which resulted in higher usage of cutting equipment, accessories, and consumables.
E N D
Attractive Opportunities in Cutting Equipment, Accessories, and Consumables Market The market for cutting equipment, accessories, and consumables will grow from 6.67 USD Billion in 2016 to 8.27 USD Billion by 2021, at a CAGR of 4.40%. This market is growing due to increasing infrastructure and construction activities, manufacturing of automobiles, public expenditure from governments and production of crude steel. Rising per capita income of the middle class has increased the purchasing power of the consumers, which has resulted in an increase in the number of new constructions and manufacturing, which resulted in higher usage of cutting equipment, accessories, and consumables. The cutting equipment, accessories, and consumables market has been segmented on the basis of by technology, equipment, accessories and consumables, end-use industry and region. Request for Sample@ http://www.marketsandmarkets.com/requestsample.asp?id=257722973 The Objectives of the Report are: To define, segment, and project the size of the cutting equipment, accessories, and consumables market on the basis of technology, equipment, accessories and consumables, end-use industry, and region To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) To strategically profile key players and comprehensively analyze their core competencies To track and analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and R&D in the cutting equipment, accessories, and consumables market 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). Speak to Analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=257722973 The cutting equipment, accessories and consumables market has been segmented into accessories and consumables sectors. Rising cutting consumables requirement, owing to growing residential building construction and manufacturing activities is expected to positively impact this market. Certain factors prevailing in the market hampered the growth of this industry; these factors included high costs of cutting equipment, accessories, and consumables and the difficulty in setting up the cutting equipment. Mergers & acquisitions were the key strategies adopted by most players in the market. Companies 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) were the key players that adopted these strategies to increase their geographical reach, product offerings, customer base, and to stay ahead of their competitors. Companies aimed to serve the market efficiently by investing in R&D activities and introducing new products to keep up with the changing consumer needs. To Get More Information in detail about Cutting Equipment, Accessories, and Consumables Market Download PDF Brochure@ http://www.marketsandmarkets.com/pdfdownload.asp?id=257722973 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Email: sales@marketsandmarkets.com