According to Cognitive Market Research, the global CNC Plasma Cutting Machines market size is USD 1.6 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030.
The global CNC Plasma Cutting Machines market will expand at a significant rate of 6.8% CAGR between 2023 and 2030.
Technological advancements, such as improved automation and software integration, further enhance their appeal, contributing to the market's expansion.
Demand for Horizontal Surface Grinding Machine remains higher in the CNC Plasma Cutting Machines market.
The Auto Industry held the highest CNC Plasma Cutting Machines market revenue share in 2023.
Asia Pacific will continue to lead, whereas the European CNC Plasma Cutting Machines market will experience the strongest growth until 2030.