GAS CUTTING MACHINE MARKET ANALYSIS

Regional Analysis

Asia Pacific will continue its dominance in the gas cutting machine market share

Presence of major emerging economies that specifically includes India and China that have witnessed significant investments in industries and manufacturing activities is expected to provide strong industry traction in the region. Moreover, low cost labor availability and increasing government activities to enhance free and fair trade in the region will in turn lead increased industrial manufacturing activities. For instance, One Belt, One road initiative in China and Sagarmala project in India are expected to provide significant boost to trade. This will in turn drive the demands for industrial processes and gas cutting machine market over the forecast period.