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US Cutting Equipment Market

ID: MRFR/Equip/16685-HCR
100 Pages
Garvit Vyas
October 2025

US Cutting Equipment Market Research Report: By Cutting Technology (Plasma, Laser, Waterjet, Carbon- arc) and By End User (Automotive, Metal Fabrication, Construction, Aerospace and Defense, Shipbuilding, Others) - Forecast to 2035

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US Cutting Equipment Market Summary

As per MRFR analysis, the US cutting equipment market size was estimated at 1240.79 USD Million in 2024. The US cutting equipment market is projected to grow from 1358.66 USD Million in 2025 to 3365.8 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 9.5% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US cutting equipment market is experiencing robust growth driven by technological advancements and increasing demand across various sectors.

  • Technological advancements are reshaping the cutting equipment landscape, enhancing precision and efficiency.
  • Sustainability initiatives are gaining traction, prompting manufacturers to develop eco-friendly cutting solutions.
  • Automation integration is becoming prevalent, particularly in the aerospace and defense industries, which are among the fastest-growing segments.
  • Rising demand in the manufacturing sector and increased investment in infrastructure are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 1240.79 (USD Million)
2035 Market Size 3365.8 (USD Million)
CAGR (2025 - 2035) 9.5%

Major Players

Bosch (DE), Makita (JP), DeWalt (US), Hilti (LI), Milwaukee (US), Hitachi (JP), Festool (DE), Klein Tools (US), Stihl (DE)

US Cutting Equipment Market Trends

The cutting equipment market is currently experiencing a dynamic evolution, driven by advancements in technology and increasing demand across various sectors. Innovations in materials and design are enhancing the efficiency and precision of cutting tools, which is crucial for industries such as manufacturing, construction, and automotive. Furthermore, the integration of automation and smart technologies is reshaping operational processes, allowing for greater productivity and reduced waste. As companies strive to optimize their operations, the adoption of advanced cutting solutions appears to be a strategic priority. In addition, sustainability concerns are influencing purchasing decisions within the cutting equipment market. Manufacturers are increasingly focusing on eco-friendly materials and energy-efficient technologies, aligning with broader environmental goals. This shift not only meets regulatory requirements but also appeals to a growing segment of environmentally conscious consumers. As the market continues to adapt to these trends, it is likely that the emphasis on innovation and sustainability will shape its future trajectory, fostering a competitive landscape that prioritizes both performance and responsibility.

Technological Advancements

The cutting equipment market is witnessing rapid technological advancements that enhance performance and efficiency. Innovations such as laser cutting, waterjet technology, and CNC machining are becoming more prevalent, allowing for precise cuts and reduced material waste. These technologies are particularly appealing to industries that require high accuracy and speed in their operations.

Sustainability Initiatives

Sustainability initiatives are increasingly influencing the cutting equipment market. Manufacturers are focusing on developing eco-friendly products and processes, which not only comply with environmental regulations but also cater to the preferences of environmentally conscious consumers. This trend is likely to drive innovation in materials and energy-efficient technologies.

Automation Integration

The integration of automation in the cutting equipment market is transforming traditional manufacturing processes. Automated cutting systems enhance productivity and reduce labor costs, making them attractive to businesses aiming for operational efficiency. This trend suggests a shift towards smart manufacturing solutions that leverage data and technology.

US Cutting Equipment Market Drivers

Growing Focus on Safety Standards

The cutting equipment market is influenced by the growing focus on safety standards within various industries. As regulations become more stringent, manufacturers are compelled to invest in cutting tools that not only enhance productivity but also prioritize operator safety. In 2025, it is estimated that compliance-related expenditures in the manufacturing sector will increase by approximately 3%, reflecting a heightened awareness of workplace safety. This trend drives the demand for cutting equipment that incorporates safety features, such as automatic shut-off mechanisms and ergonomic designs. Furthermore, companies that prioritize safety are likely to experience reduced liability costs and improved employee morale, which can indirectly boost productivity. As a result, the cutting equipment market may see a shift towards products that meet or exceed these safety standards, ensuring that manufacturers remain compliant while optimizing their operations.

Rising Demand in Manufacturing Sector

The cutting equipment market experiences a notable surge in demand, primarily driven by the robust growth of the manufacturing sector in the US. As industries such as automotive, aerospace, and electronics expand, the need for precision cutting tools becomes increasingly critical. In 2025, the manufacturing sector is projected to contribute approximately $2 trillion to the US economy, indicating a potential growth rate of around 4% annually. This growth directly correlates with the cutting equipment market, as manufacturers seek advanced tools to enhance productivity and maintain competitive advantages. The emphasis on high-quality materials and intricate designs necessitates the adoption of sophisticated cutting technologies, thereby propelling the market forward. Furthermore, the integration of innovative materials, such as composites and advanced alloys, further fuels the demand for specialized cutting equipment, ensuring that the market remains dynamic and responsive to industry needs.

Increased Investment in Infrastructure

The cutting equipment market benefits significantly from the increased investment in infrastructure projects across the US. With the government allocating substantial funds for the development and maintenance of roads, bridges, and public facilities, the demand for cutting tools is expected to rise. In 2025, infrastructure spending is anticipated to reach approximately $1 trillion, reflecting a growth of around 5% from previous years. This investment creates a favorable environment for construction and engineering firms, which rely heavily on cutting equipment for various applications, including metal fabrication and concrete cutting. As these projects require precision and efficiency, the cutting equipment market is likely to see a corresponding increase in sales of advanced cutting technologies. Additionally, the push for sustainable infrastructure solutions may lead to the adoption of eco-friendly cutting equipment, further diversifying the market offerings.

Technological Innovations in Cutting Tools

Technological innovations play a pivotal role in shaping the cutting equipment market. The introduction of advanced materials, such as carbide and ceramic, enhances the performance and durability of cutting tools, catering to the evolving needs of various industries. In 2025, the market for high-performance cutting tools is projected to grow by approximately 6%, driven by the demand for precision and efficiency. Moreover, the integration of smart technologies, such as IoT and AI, into cutting equipment allows for real-time monitoring and predictive maintenance, thereby reducing downtime and operational costs. This trend indicates a shift towards more intelligent manufacturing processes, where cutting equipment becomes an integral part of the production ecosystem. As industries increasingly prioritize efficiency and cost-effectiveness, the cutting equipment market is likely to witness a surge in the adoption of these innovative solutions.

Expansion of Aerospace and Defense Industries

The cutting equipment market is poised for growth due to the expansion of the aerospace and defense industries in the US. With increasing investments in military and commercial aviation, the demand for precision cutting tools is expected to rise significantly. In 2025, the aerospace sector is projected to contribute approximately $900 billion to the US economy, with a growth rate of around 5% annually. This expansion necessitates the use of advanced cutting equipment capable of handling complex materials and intricate designs. As aerospace manufacturers seek to improve efficiency and reduce production costs, the cutting equipment market is likely to benefit from the adoption of innovative technologies, such as laser cutting and waterjet cutting. Additionally, the emphasis on lightweight materials in aerospace applications further drives the need for specialized cutting tools, ensuring that the market remains aligned with industry advancements.

Market Segment Insights

By Cutting Technology: Plasma (Largest) vs. Laser (Fastest-Growing)

The cutting technology segment of the US cutting equipment market is primarily dominated by plasma cutting technology, which holds the largest market share. Laser cutting has emerged as a crucial player with its increasing adoption in various industries due to its precision and efficiency. Waterjet and carbon-arc cutting technologies follow, but their shares are considerably smaller compared to the dominant plasma segment. The competition among these technologies is intensifying as manufacturers strive to innovate and enhance capabilities. Growth trends in the segment indicate a robust increase in demand for laser cutting technologies, attributed to advancements in laser systems, automation, and a growing preference for cleaner cutting methods. Industries focusing on high-precision applications, including aerospace and automotive, are increasingly adopting laser cutting technology. Furthermore, environmental regulations driving the shift from traditional cutting methods to more efficient and eco-friendly alternatives are expected to elevate growth across all cutting technologies, further diversifying applications in the US cutting equipment market.

Technology: Plasma (Dominant) vs. Waterjet (Emerging)

Plasma cutting technology is widely recognized for its ability to cut through a variety of materials quickly and effectively, making it the dominant technology in the cutting equipment market. Its appeal lies in its versatility, efficiency, and low operational costs, which cater to diverse industrial applications. In contrast, waterjet cutting technology is gaining traction as an emerging alternative, especially in industries requiring precision without thermal distortion. Waterjet is praised for its ability to cut delicate materials and deliver high-quality finishes. The emergence of waterjet technology highlights a growing trend towards more specialized cutting solutions tailored to specific industry needs, portraying a dynamic landscape in the US cutting equipment market.

By End User: Automotive (Largest) vs. Aerospace and Defense (Fastest-Growing)

The US cutting equipment market is primarily driven by the automotive sector, which commands a significant share due to its extensive demand for precision cutting tools and systems. This segment benefits from the continuous evolution of automotive design and manufacturing processes, leading to increased investments in advanced cutting technologies. Following closely is the aerospace and defense sector, which is experiencing a rapid increase in its share, propelled by rising defense budgets and a growing emphasis on lightweight and high-strength materials. Growth trends for the US cutting equipment market highlight the automotive industry as a dominant influence, yet aerospace and defense are emerging as critical growth sectors. Factors such as technological advancements, rising automation in manufacturing processes, and shifts towards sustainable production methods are expected to enhance the demand for cutting equipment in both segments. Additionally, the construction sector is gradually recovering, contributing to market vitality as infrastructure projects ramp up.

Automotive: Dominant vs. Aerospace and Defense: Emerging

The automotive segment stands as the dominant force in the US cutting equipment market, characterized by high-volume production and the need for precision machining. Its reliance on advanced cutting technologies is fueled by ongoing innovations, including electric vehicle manufacturing and lightweight material applications. In contrast, the aerospace and defense sector is an emerging player, rapidly adopting advanced cutting solutions to meet stringent compliance standards and the demand for innovative designs. This segment is marked by a focus on high-performance materials, requiring specialized cutting equipment that can operate efficiently under challenging conditions. Both segments highlight a trend towards automation and efficiency, advancing the capabilities of cutting tools to meet specific industry needs. This competitive landscape accentuates the importance of versatility and technological integration in current market offerings.

Get more detailed insights about US Cutting Equipment Market

Key Players and Competitive Insights

The cutting equipment market in the US is characterized by a dynamic competitive landscape, driven by technological advancements and evolving consumer preferences. Key players such as DeWalt (US), Bosch (DE), and Milwaukee (US) are at the forefront, each adopting distinct strategies to enhance their market presence. DeWalt (US) focuses on innovation, particularly in battery technology, which allows for greater efficiency and longer operational times. Bosch (DE) emphasizes sustainability, integrating eco-friendly practices into their manufacturing processes. Meanwhile, Milwaukee (US) is heavily investing in digital transformation, leveraging data analytics to optimize product development and customer engagement. Collectively, these strategies not only enhance individual company positioning but also intensify competition within the market, as firms strive to differentiate themselves through technological prowess and sustainability initiatives.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and enhance supply chain resilience. This approach appears to be a response to the growing demand for quicker delivery and customization options. The market structure is moderately fragmented, with several players vying for market share, yet the influence of major companies remains substantial. Their collective actions shape pricing strategies and product offerings, creating a competitive environment that encourages innovation and responsiveness to market trends.

In October 2025, DeWalt (US) announced the launch of a new line of cordless cutting tools designed specifically for the construction industry. This strategic move is significant as it not only expands their product portfolio but also reinforces their commitment to meeting the needs of professionals who require reliable and efficient tools. The introduction of these tools is likely to enhance DeWalt's competitive edge, particularly in a market that increasingly values portability and performance.

In September 2025, Bosch (DE) unveiled a new initiative aimed at reducing carbon emissions in their manufacturing processes by 30% by 2030. This initiative underscores Bosch's commitment to sustainability and positions the company as a leader in environmentally responsible practices within the cutting equipment sector. Such a focus on sustainability may resonate well with consumers who are becoming more environmentally conscious, potentially driving sales and enhancing brand loyalty.

In August 2025, Milwaukee (US) launched a new digital platform that integrates AI-driven analytics to provide users with real-time performance data on their cutting tools. This platform not only enhances user experience but also allows Milwaukee to gather valuable insights into customer behavior and preferences. The strategic importance of this move lies in its potential to foster deeper customer relationships and drive future product innovations based on data-driven insights.

As of November 2025, the cutting equipment market is witnessing a shift towards digitalization, sustainability, and AI integration. These trends are reshaping competitive dynamics, with strategic alliances becoming increasingly common as companies seek to leverage complementary strengths. The focus appears to be shifting from price-based competition to one centered on innovation, technology, and supply chain reliability. As the market evolves, companies that prioritize these aspects are likely to emerge as leaders, setting new benchmarks for competitive differentiation.

Key Companies in the US Cutting Equipment Market market include

Industry Developments

In recent developments within the US Cutting Equipment Market, companies like Hypertherm and Lincoln Electric have seen significant growth attributed to the increasing demand for advanced cutting solutions across various industries including automotive and manufacturing. The market has been further stimulated by technological advancements, with Universal Laser Systems and ESAB launching innovative laser cutting technologies that enhance precision and efficiency.

Notably, in November 2022, Harris Products Group announced the acquisition of a key competitor, expanding its product offerings and market reach. This acquisition has been viewed positively, allowing the company to strengthen its position in the increasingly competitive landscape. Additionally, Parker Hannifin has reported a favorable increase in market valuation, reflecting a broader trend of mergers and acquisitions, as companies seek to optimize their capabilities. The overall market is being impacted by heightened safety regulations and environmental considerations, pushing firms like OxyFuel Technologies and Miller Electric to innovate towards eco-friendly cutting solutions.

Over the past few years, significant advancements have been noted, including advancements in plasma cutting technologies in early 2023, marking a transformative period for the industry.

Future Outlook

US Cutting Equipment Market Future Outlook

The Cutting Equipment Market is projected to grow at a 9.5% CAGR from 2024 to 2035, driven by technological advancements, increased automation, and rising demand across various industries.

New opportunities lie in:

  • Development of advanced CNC cutting systems for precision applications.
  • Expansion into eco-friendly cutting technologies to meet regulatory demands.
  • Integration of IoT solutions for real-time monitoring and predictive maintenance.

By 2035, the cutting equipment market is expected to achieve substantial growth and innovation.

Market Segmentation

US Cutting Equipment Market End User Outlook

  • Automotive
  • Metal Fabrication
  • Construction
  • Aerospace and Defense
  • Shipbuilding
  • Others

US Cutting Equipment Market Cutting Technology Outlook

  • Plasma
  • Laser
  • Waterjet
  • Carbon-arc

Report Scope

MARKET SIZE 2024 1240.79(USD Million)
MARKET SIZE 2025 1358.66(USD Million)
MARKET SIZE 2035 3365.8(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 9.5% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Bosch (DE), Makita (JP), DeWalt (US), Hilti (LI), Milwaukee (US), Hitachi (JP), Festool (DE), Klein Tools (US), Stihl (DE)
Segments Covered Cutting Technology, End User
Key Market Opportunities Integration of advanced automation technologies enhances efficiency in the cutting equipment market.
Key Market Dynamics Technological advancements drive innovation in cutting equipment, enhancing efficiency and precision across various industries.
Countries Covered US

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FAQs

What is the projected market size of the US Cutting Equipment Market in 2024?

The US Cutting Equipment Market is expected to be valued at 1.03 billion USD in 2024.

What will be the market size of the US Cutting Equipment Market by 2035?

By 2035, the US Cutting Equipment Market is projected to reach 2.81 billion USD.

What is the expected Compound Annual Growth Rate (CAGR) for the US Cutting Equipment Market from 2025 to 2035?

The expected CAGR for the US Cutting Equipment Market from 2025 to 2035 is 9.502 %.

Which cutting technology segment will have the highest market value in 2035?

The Laser cutting technology segment is projected to have the highest market value at 1.05 billion USD in 2035.

What are the expected market values for Plasma cutting technology in 2024 and 2035?

The Plasma cutting technology is expected to be valued at 0.3 billion USD in 2024 and 0.85 billion USD in 2035.

Who are the key players in the US Cutting Equipment Market?

Major players in the US Cutting Equipment Market include Torchmate, Parker Hannifin, and Hypertherm among others.

What is the projected market size for the Waterjet cutting technology in 2024?

The Waterjet cutting technology segment is expected to be valued at 0.2 billion USD in 2024.

How will the Carbon-arc cutting technology perform by 2035?

The Carbon-arc cutting technology is projected to grow to a market value of 0.36 billion USD by 2035.

What growth opportunities exist within the US Cutting Equipment Market?

Opportunities for growth in the US Cutting Equipment Market include advancements in cutting technologies and increasing applications across various industries.

What is the expected market size for the Laser segment in 2024?

The Laser cutting segment is expected to be valued at 0.4 billion USD in 2024.

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