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The report forecasts that the market size for gas cutting machines is expected to increase by 97.42 million USD between 2022 and 2027, with a projected CAGR of 2.14% during the forecast period.
The report provides a comprehensive analysis of the gas cutting machine market, including market size and forecasts, trends, growth drivers and challenges, as well as vendor analysis covering approximately 25 companies.
It offers the latest analysis of current market trends and drivers, as well as the overall market environment. The market is driven by increased demand from traditional end-users of gas cutting machines, operational advantages over plasma cutting machines, and positive impacts on CAPEX and OPEX.
This study highlights the technological advancements in CNC solutions as one of the key reasons driving the growth of the gas cutting machine market in the coming years. Additionally, the increase in additive manufacturing, M&A activities, and strategic partnerships is expected to lead to significant demand in the market.