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Plasma Cutting Machines Market By Type (Single Flow, Duel Flow), By Control (Manual, CNC), By Industry Vertical (Automotive, Aerospace And Defense, Industrial Manufacturing, Salvage & Scrapping, HVAC, Others) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Industry Outlook

Since their introduction in the 1950s, plasma-cutting machines have undergone significant development. As a non-conventional machining process, plasma cutting is one of the most widely used machining processes for different conducting metals and is applicable across a variety of industries. Modern plasma cutting machines are termed “high-definition, fully-integrated CNC plasma machines capable of generating immaculate accuracy with a user-friendly interface.” Perpetual development in matching methods and the introduction of an advanced control system helped the plasma cutting machines market register market growth at a considerable CAGR of 5.8% throughout the forecast period from 2018 to 2026.

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Market Synopsis

Single-Flow Plasma to Make Way for Dual-Flow Plasma Cutting Machines During the Forecast

At present, single-flow plasma cutting machines dominate the global market in terms of market value. The system uses only a single gas, generally air or nitrogen, to produce and cool down the plasma. The process lacks the presence of another gas that can be used as a shielding gas to protect nozzles from molten metal, often leading to short nozzle life. However, the technology is rapidly being replaced by dual-flow plasma nozzles owing to their greater accuracy and long operational lives. Duel-flow plasma cutting machines are being incorporated rapidly across several industry verticals and are soon expected to take over conventional single-flow plasma in the next few years.

CNC Plasma Cutting Machines: Creating a Positive Impact on Production Rate and Product Quality

On the basis of control, plasma cutting machines are broadly classified into manual and CNC plasma cutting machines. Manual plasma cutting machines, both permanent and bench-top, require a skilled human operator to direct the plasma nozzle to the desired locations. Dealing with extreme temperatures and accurately directing the nozzle is a tedious task that often leads to inaccuracies in the final product, such as tapered holes and imperfect straight cuts. Furthermore, the introduction of computerized numerical control (CNC) plasma cutting machines completely altered the non-conventional machining scenario.

CNC plasma cutting machines are capable of producing accurate cuts and holes and can be extensively used for drag cutting with minimum requirements for product finishing. Owing to the aforementioned merits, CNC plasma cutting machines dominated the overall plasma cutting machines market in terms of market value and were expected to retain their dominance throughout the forecast period. Manual plasma cutting machines are projected to grow at a sluggish rate owing to their limited application in small workshops and portable applications.

Automotive emerged as the most dominant industry vertical in terms of market value.

Plasma-cutting machines are extensively used in industries dealing with the cutting and forming of heavy metals such as steel, aluminum, brass, and copper. In terms of market value, the automotive industry is a major market share holder in the market for plasma cutting machines. The industry deals with metal sheets of varying thicknesses and needs a viable solution to accurately cut the sheets into the desired shape. Aside from automotive, plasma-cutting machines were widely used in industrial manufacturing, aerospace, and defense. The automotive industry is projected to retain its dominance over the market owing to the continuous growth in demand for modern automobiles.

Asia Pacific has emerged as the new market leader in the plasma cutting machines market.

Asia-Pacific is home to some of the most productive and rapidly developing countries. The manufacturing and automotive sectors in Asia Pacific are making significant leaps, and the developing countries in the region are expected to proliferate consistently in the coming years. Flourishing industrial manufacturing and automotive industries, especially in China, India, Japan, and South Korea, provided a fruitful environment for the plasma-cutting machines market. Asia Pacific was closely followed by North America and Europe in terms of market value in 2017.

Market Segmentation

Product Versatility Pitted Several Local and International Players Against Each Other

Plasma-cutting machines’ long-term benefits prompted several industry verticals to incorporate the machining system into their production lines. This drew several machine tool manufacturers to introduce their featured machines into the market, further fragmenting the market. Stiff competition among local and international players has been observed in the plasma-cutting machine market, and the competition is expected to aggravate further in the coming years. The research study discusses the key business strategies adopted by the most prominent players participating in the market for plasma-cutting machines. Some of the companies profiled in the reports include AJAN ELEKTRONIK, Automated Cutting Machinery, C&G Systems, ERMAKSAN, Esprit Automation, HACO, Hornet Cutting Systems, Miller Electric Mfg., MultiCam, SICK, SPIRO International, The Lincoln Electric Company, Voortman Steel Machinery, and others.

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Key questions are answered in this report.

  • What are the most recent trends in the plasma-cutting machine market, and what are the most promising opportunities for the players?
  • How have material thickness and the introduction of new alloys made an impact on the global as well as regional plasma-cutting machine market?
  • Which are the largest and fastest growing segments in terms of type, control, and industry verticals?
  • Which geographical regions or countries are the most advantageous for the overall market for plasma cutting machines?
  • What are the market sizes and trends in developing regions such as the Asia Pacific, the Middle East, Africa, and Latin America?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offering
1.2. Report Description
1.3. Market Segmentation
1.4. Research Methodology
1.4.1. Phase I-Secondary Research
1.4.2. Phase II-Primary Research
1.4.3. Phase III-Expert Panel Review
1.4.4. Assumptions
1.4.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global PCM Market, 2017
2.2. Global PCM Market, by Type, 2017
2.3. Global PCM Market, by Control, 2017
2.4. Global PCM Market, by Industry Vertical, 2017
2.5. Global PCM Market, by Geography, 2017

3. Global Plasma Cutting Machines (PCM) Market Analysis
3.1. Global PCM Market Overview
3.2. Recent Trends and Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Impact Analysis of Drivers and Challenges
3.6. Attractive Investment Proposition
3.7. Competitive Landscape of Key Industry Participants
3.7.1. Market Positioning of Plasma Cutting Machine Manufacturers, 2017
3.7.2. Major Strategies Adopted by Leading Players

4. Global Plasma Cutting Machines (PCM) Market Value, by Type, 2016 – 2026 (US$ Bn)
4.1. Overview
4.2. Single Flow
4.2.1. Global Single Flow PCM Market Value, 2016 – 2026, (US$ Mn)
4.3. Duel Flow
4.3.1. Global Duel Flow PCM Market Value, 2016 – 2026, (US$ Mn)

5. Global Plasma Cutting Machines (PCM) Market Value, by Control, 2016 – 2026 (US$ Bn)
5.1. Overview
5.1.1. PCM Market Value, by Control, 2017 & 2026 (%)
5.2. Manual
5.2.1. Manual PCM Market Value, 2016 – 2026, (US$ Mn)
5.3. CNC
5.3.1. CNC PCM Market Value, 2016 – 2026, (US$ Mn)

6. Global Plasma Cutting Machines (PCM) Market Value, by Industry Vertical, 2016 – 2026 (US$ Bn)
6.1. Overview
6.1.1. PCM Market Value, by Industry Vertical, 2017 & 2026 (%)
6.2. Automotive
6.2.1. PCM Market Value for Automotive, 2016 – 2026, (US$ Mn)
6.3. Aerospace and Defense
6.3.1. PCM Market Value for Aerospace and Defense, 2016 – 2026, (US$ Mn)
6.4. Industrial Manufacturing
6.4.1. PCM Market Value for Industrial Manufacturing, 2016 – 2026, (US$ Mn)
6.5. Salvage & Scrapping
6.5.1. PCM Market Value for Salvage & Scrapping, 2016 – 2026, (US$ Mn)
6.6. HVAC
6.6.1. PCM Market Value for HVAC, 2016 – 2026, (US$ Mn)
6.7. Others
6.7.1. PCM Market Value for Other, 2016 – 2026, (US$ Mn)

7. North America Plasma Cutting Machines (PCM) Market Analysis, 2016 – 2026 (US$ Bn)
7.1. Overview
7.1.1. North America PCM Market Value, 2016-2026, (US$ Mn)
7.2. North America PCM Market Value, by Type, 2016 – 2026 (US$ Bn)
7.2.1. Comparative Analysis
7.3. North America PCM Market Value, by Control, 2016 – 2026 (US$ Bn)
7.3.1. Comparative Analysis
7.4. North America PCM Market Value, by Industry Vertical, 2016 – 2026 (US$ Bn)
7.4.1. Comparative Analysis
7.5. North America PCM Market Value, By Country, 2016 – 2026 (US$ Bn)
7.5.1. U.S.
7.5.2. Canada

8. Europe Plasma Cutting Machines (PCM) Market Analysis, 2016 – 2026 (US$ Bn)
8.1. Overview
8.1.1. Europe PCM Market Value, 2016-2026, (US$ Mn)
8.2. Europe PCM Market Value, by Type, 2016 – 2026 (US$ Bn)
8.2.1. Comparative Analysis
8.3. Europe PCM Market Value, by Control, 2016 – 2026 (US$ Bn)
8.3.1. Comparative Analysis
8.4. Europe PCM Market Value, by Industry Vertical, 2016 – 2026 (US$ Bn)
8.4.1. Comparative Analysis
8.5. Europe PCM Market Value, By Country, 2016 – 2026 (US$ Bn)
8.5.1. U.K.
8.5.2. Germany
8.5.3. France
8.5.4. Rest of Europe

9. Asia Pacific Plasma Cutting Machines (PCM) Market Analysis, 2016 – 2026 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific PCM Market Value, 2016-2026, (US$ Mn) (Y-o-Y %)
9.2. Asia Pacific PCM Market Value, by Type, 2016 – 2026 (US$ Bn)
9.2.1. Comparative Analysis
9.3. Asia Pacific PCM Market Value, by Control, 2016 – 2026 (US$ Bn)
9.3.1. Comparative Analysis
9.4. Asia Pacific PCM Market Value, by Industry Vertical, 2016 – 2026 (US$ Bn)
9.4.1. Comparative Analysis
9.5. Asia Pacific PCM Market Value, By Country, 2016 – 2026 (US$ Bn)
9.5.1. China
9.5.2. Japan
9.5.3. India
9.5.4. Rest of Asia Pacific

10. Rest of World (RoW) Plasma Cutting Machines (PCM) Market Analysis, 2016 – 2026 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World PCM Market Value, Volume and Growth, 2016-2026, (US$ Mn) (Y-o-Y %)
10.2. RoW PCM Market Value, by Type, 2016 – 2026 (US$ Bn)
10.2.1. Comparative Analysis
10.3. RoW PCM Market Value, by Control, 2016 – 2026 (US$ Bn)
10.3.1. Comparative Analysis
10.4. RoW PCM Market Value, by Industry Vertical, 2016 – 2026 (US$ Bn)
10.4.1. Comparative Analysis
10.5. RoW PCM Market Value, By Country, 2016 – 2026 (US$ Bn)
10.5.1. Middle-East and Africa
10.5.2. Latin America

11. Company Profiles
11.1. AJAN ELEKTRONIK
11.1.1. AJAN ELEKTRONIK: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.2. Automated Cutting Machinery
11.2.1. Automated Cutting Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.3. C&G Systems
11.3.1. C&G Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.4. ERMAKSAN
11.4.1. ERMAKSAN: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.5. Esprit Automation
11.5.1. Esprit Automation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.6. HACO
11.6.1. HACO: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.7. Hornet Cutting Systems
11.7.1. Hornet Cutting Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.8. Miller Electric Mfg
11.8.1. Miller Electric Mfg: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.9. MultiCam
11.9.1. MultiCam: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.10. SICK
11.10.1. SICK: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.11. SPIRO International
11.11.1. SPIRO International: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.12. The Lincoln Electric Company
11.12.1. The Lincoln Electric Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.13. Voortman Steel Machinery
11.13.1. Voortman Steel Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
11.14. Würth
11.14.1. Würth: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

List of Figures

FIG. 1 Global Plasma Cutting Machines (PCM) Market: Market Segmentation
FIG. 2 Global PCM Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global PCM Market, by Type, 2017 (US$ Mn)
FIG. 5 Global PCM Market, by Control, 2017 (US$ Mn)
FIG. 6 Global PCM Market, by Industry Vertical, 2017 (US$ Mn)
FIG. 7 Global PCM Market, by Geography, 2017 (US$ Mn)
FIG. 8 Global PCM Market Value, 2016 – 2026, (US$ Mn)
FIG. 9 See-Saw Analysis: Global PCM Market
FIG. 10 Attractive Investment Proposition
FIG. 11 Market Positioning of Key Plasma Cutting Machines Manufacturers, 2017
FIG. 12 Global PCM Market Value, by Type, 2017 & 2026 (%)
FIG. 13 Global Single Flow PCM Market Value, 2016 – 2026, (US$ Mn)
FIG. 14 Global Duel Flow PCM Market Value, 2016 – 2026, (US$ Mn)
FIG. 15 PCM Market Value, by Control, 2017 & 2026 (%)
FIG. 16 Global Manual PCM Market Value, 2016 – 2026, (US$ Mn)
FIG. 17 Global CNC PCM Market Value, 2016 – 2026, (US$ Mn)
FIG. 18 PCM Market Value, by Industry Vertical, 2017 & 2026 (%)
FIG. 19 PCM Market Value for Automotive, 2016 – 2026, (US$ Mn)
FIG. 20 PCM Market Value for Aerospace and Defense, 2016 – 2026, (US$ Mn)
FIG. 21 PCM Market Value for Industrial Manufacturing, 2016 – 2026, (US$ Mn)
FIG. 22 PCM Market Value for Salvage & Scrapping, 2016 – 2026, (US$ Mn)
FIG. 23 PCM Market Value for HVAC, 2016 – 2026, (US$ Mn)
FIG. 24 PCM Market Value for Other End-user, 2016 – 2026, (US$ Mn)
FIG. 25 North America PCM Market Value, 2016-2026, (US$ Mn)
FIG. 26 U.S. PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 27 Canada PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 28 Europe PCM Market Value, 2016-2026, (US$ Mn)
FIG. 29 U.K. PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 30 Germany PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 31 France PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 32 Rest of Europe PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 33 Asia Pacific PCM Market Value, 2016-2026, (US$ Mn) (Y-o-Y %)
FIG. 34 China PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 35 Japan PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 36 India PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 37 Rest of Asia Pacific PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 38 Rest of the World PCM Market Value, Volume and Growth, 2016-2026, (US$ Mn) (Y-o-Y %)
FIG. 39 MEA PCM Market Value, 2016 – 2026 (US$ Mn)
FIG. 40 Latin America PCM Market Value, 2016 – 2026 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Plasma Cutting Machines (PCM) Market (Value)
TABLE 2 Global Motor Vehicle Production , 2012 – 2017
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Challenges
TABLE 5 North America PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 6 North America PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 7 North America PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 8 U.S. PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 9 U.S. PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 10 U.S. PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 11 Canada America PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 12 Canada PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 13 Rest of North America PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 14 Europe PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 15 Europe PCM Market Analysis, By Type, 2016 – 2026 (Thousand Units)
TABLE 16 Europe PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 17 Europe PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 18 U.K. PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 19 U.K. PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 20 U.K. PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 21 Germany PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 22 Germany PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 23 Germany PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 24 France PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 25 France PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 26 France PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 27 Rest of Europe PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 28 Rest of Europe PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 29 Rest of Europe PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 30 Asia Pacific PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 31 Asia Pacific PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 32 Asia Pacific PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 33 China PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 34 China PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 35 China PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 36 Japan PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 37 Japan PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 38 Japan PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 39 India PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 40 India PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 41 India PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 42 Rest of Asia Pacific PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 43 Rest of Asia Pacific PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 44 Rest of Asia Pacific PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 45 Rest of the World PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 46 Rest of the World PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 47 Rest of the World PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 48 MEA PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 49 MEA PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 50 MEA PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 51 Latin America PCM Market Analysis, by Type, 2016 – 2026 (US$ Mn)
TABLE 52 Latin America PCM Market Analysis, by Control, 2016 – 2026 (US$ Mn)
TABLE 53 Latin America PCM Market Analysis, by Industry Vertical, 2016 – 2026 (US$ Mn)
TABLE 54 AJAN ELEKTRONIK: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 55 Automated Cutting Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 56 C&G Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 57 ERMAKSAN: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 58 Esprit Automation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 59 HACO: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 Hornet Cutting Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 61 Miller Electric Mfg: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 62 MultiCam: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 63 SICK: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 64 SPIRO International: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 65 The Lincoln Electric Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 66 Voortman Steel Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 67 Würth: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

 Frequently Asked Questions:

What is the size of Plasma Cutting Machines Market?

The market for Plasma Cutting Machines Market is expected to reach US$ XX Mn by 2026.

What is the Plasma Cutting Machines Market CAGR?

The Plasma Cutting Machines Market is expected to see significant CAGR growth over the coming years, at 5.8%.

What is the Forecast period considered for Plasma Cutting Machines Market?

The report is forecasted from 2018-2026.

What is the base year considered for Plasma Cutting Machines Market?

The base year of this report is 2017.

Who are the major players in this market?

AJAN ELEKTRONIK, Automated Cutting Machinery, C&G Systems, ERMAKSAN, Esprit Automation, HACO, Hornet Cutting Systems, Miller Electric Mfg., MultiCam, SICK are some of the major players in the global market.

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