Automated Measuring and Cutting Devices Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Automated measuring and cutting devices are tools used to measure and cut a work area. They usually have a hardware system and a software system.
The hardware system in the devices has attached sensors that can measure physical phenomena and characteristics like pressure, temperature and voltage levels. The software system is required during processes like scanning where it can accurately measure the work area. The hardware system measures and sends the measured phenomena to an automatic cutting device that precisely and accurately cuts the material. The user can then simply put the cut material in place using glue or nails according to what they are working on.
Automated measuring and cutting devices are simple and easy to use because they are automated and require no user input. The simple process requires insertion of the tool, starting it, then it precisely measures and delivers results with absolute accuracy. It is commonly used by carpenters and construction workers to measure work areas like stairs.
Automated measuring and cutting devices are quick and reliable in performing their functions, save on time and costs, are automated, accurate and precise. They can be used in grinding shops, goods-in control and in laboratory measurements.
Automated Measuring and Cutting Devices Market Growth and Trends
• There exists a peaking up demand for measurement dynamics of premium quality in automated measuring and cutting devices market.
• Speedy improvisations in technological apparatuses and setups in terms of an increased utility of electrical gadgets boosts the demand for automated measuring and cutting devices market.
• Facilitation of optimal productivity opportunities to manufacturing sectors in less time anticipates enhancing the global requirement for automated measuring and cutting devices.
Challenges to Automated Measuring and Cutting Devices Market
The global market for automated measuring and cutting devices is exposed to the below mentioned threats:
• High operation cost of automated measuring and cutting devices.
• Most of the workforce still lack awareness about the utilization of automated measuring and cutting devices in industrial installations
Both the aforementioned challenges obstruct the growing market for automated measuring and cutting devices.
Automated Measuring and Cutting Devices Market Regional Analysis
Globally, North America holds the lion share of the automated measuring and cutting devices market. Its dominance can be traced to the region’s growth in the electronics industry. Europe takes the second position following the 2016 electrical regulations that are now almost fully effected across the continent. The Asia Pacific region, notably India and China, are expected to have a high demand for automated measuring and cutting devices over the coming decade. Some of the international key players that are contributing to such immense market growth include Excel Technologies, Inc., The Lincoln Electric Company, Applied Automation Technologies Inc., ZOLLER India Private Ltd, Autometrix Precision Cutting Systems, Inc., and Wiresmith Technology Ltd.
Automated Measuring and Cutting Devices Market Share and Competition
Key companies operating in this industry are: Hypertherm, Inc., Wiresmith Technology Ltd., Autometrix Precision Cutting Systems, Inc., HELMUT FISCHER GMBH, Excel Technologies, Inc., The Lincoln Electric Company, ZOLLER India Private Ltd., Kistler Instruments India Pvt. Ltd., SIKO GmbH, Applied Automation Technologies Inc.
Automated Measuring and Cutting Devices Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Stone working
• Glass working
• Plastic working
• Sun tracking
• Warehouse
• Logistics
• Handling
• Conveyor technology
Industry Analysis (Revenue, USD Million, 2020 - 2027)
• Automotive & Transportation
• Aerospace & Defense
• IT & Telecommunications
• Education & Government
• Semiconductor & Electronics
• Industrial
• Healthcare (Medical)
• Textile
• Construction
• Packaging
• Wood Processing
• Chemical/Pharmaceutical
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Automated Measuring and Cutting Devices Market Companies
• Hypertherm, Inc.
• Wiresmith Technology Ltd.
• Autometrix Precision Cutting Systems, Inc.
• HELMUT FISCHER GMBH
• Excel Technologies, Inc.
• The Lincoln Electric Company
• ZOLLER India Private Ltd.
• Kistler Instruments India Pvt. Ltd.
• SIKO GmbH
• Applied Automation Technologies Inc.
Available Versions: -
United States Automated Measuring and Cutting Devices Market Research Report
Europe Automated Measuring and Cutting Devices Market Research Report
Asia Pacific Automated Measuring and Cutting Devices Market Research Report
India Automated Measuring and Cutting Devices Market Research Report
