Market Challenges And Opportunities

Limitations such as requirement of ventilation spaces and advent of 3D technology is expected to hamper the growth prospects

Gas cutting equipment market growth is anticipated to be hindered by several technical limitations. These drawbacks include its usage limited to steel and cast iron materials, low dimensional tolerances, requirement of adequate flame control and proper ventilated spaces for its operations. Moreover, red hot slag and heat generated in the process also presents burn and fire hazards to the users and the industry. Advent 3D technology is featured with several advantages over the conventional technologies such as minimum material wastage, savings in terms of raw material costs, and high ROI, is anticipated to witness large adoption for industrial applications. Utilization of laser technology for its operations will present major challenge to the gas cutting machine market growth.