Industry: Machinery & Equipment
Published Date: 2024-01-18
Pages: 118 Pages
Report ld: 2327330
Request Sample
Customized Report
Handheld Plasma Cutters Market Size(US$)

CAGR 2024-2030
8.8%
Market Size,2030
USD 1,581.5
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.
The global market for Handheld Plasma Cutters was estimated to be worth US$ 883.6 million in 2023 and is forecast to a readjusted size of US$ 1581.5 million by 2030 with a CAGR of 8.8% during the forecast period 2024-2030
Global 5 largest manufacturers of Handheld Plasma Cutters are Hypertherm, Lincoln Electric, ESAB, ITW and GYS, which make up about 57%. Among them, Hypertherm is the leader with about 20% market share.
Asia Pacific is the largest market, with a share about 41%, followed by America and Europe, with the share about 31% and 26%. In terms of product type, 1-phase Power occupy the largest share of the total market, about 73%. And in terms of product application, the largest application is Automotive, followed by Industrial and General Fabrication.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Handheld Plasma Cutters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Handheld Plasma Cutters by region & country, by Type, and by Application.
The Handheld Plasma Cutters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Handheld Plasma Cutters.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Handheld Plasma Cutters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Handheld Plasma Cutters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Handheld Plasma Cutters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Handheld Plasma Cutters Product Introduction
1.2 Global Handheld Plasma Cutters Market Size Forecast
1.2.1 Global Handheld Plasma Cutters Sales Value (2019-2030)
1.2.2 Global Handheld Plasma Cutters Sales Volume (2019-2030)
1.2.3 Global Handheld Plasma Cutters Sales Price (2019-2030)
1.3 Handheld Plasma Cutters Market Trends & Drivers
1.3.1 Handheld Plasma Cutters Industry Trends
1.3.2 Handheld Plasma Cutters Market Drivers & Opportunity
1.3.3 Handheld Plasma Cutters Market Challenges
1.3.4 Handheld Plasma Cutters Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Handheld Plasma Cutters Players Revenue Ranking (2023)
2.2 Global Handheld Plasma Cutters Revenue by Company (2019-2024)
2.3 Global Handheld Plasma Cutters Players Sales Volume Ranking (2023)
2.4 Global Handheld Plasma Cutters Sales Volume by Company Players (2019-2024)
2.5 Global Handheld Plasma Cutters Average Price by Company (2019-2024)
2.6 Key Manufacturers Handheld Plasma Cutters Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Handheld Plasma Cutters Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Handheld Plasma Cutters
2.9 Handheld Plasma Cutters Market Competitive Analysis
2.9.1 Handheld Plasma Cutters Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Handheld Plasma Cutters Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Handheld Plasma Cutters as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 1-phase Power
3.1.2 3-phase Power
3.2 Global Handheld Plasma Cutters Sales Value by Type
3.2.1 Global Handheld Plasma Cutters Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Handheld Plasma Cutters Sales Value, by Type (2019-2030)
3.2.3 Global Handheld Plasma Cutters Sales Value, by Type (%) (2019-2030)
3.3 Global Handheld Plasma Cutters Sales Volume by Type
3.3.1 Global Handheld Plasma Cutters Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Handheld Plasma Cutters Sales Volume, by Type (2019-2030)
3.3.3 Global Handheld Plasma Cutters Sales Volume, by Type (%) (2019-2030)
3.4 Global Handheld Plasma Cutters Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive
4.1.2 Industrial and General Fabrication
4.1.3 HVAC
4.1.4 Others
4.2 Global Handheld Plasma Cutters Sales Value by Application
4.2.1 Global Handheld Plasma Cutters Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Handheld Plasma Cutters Sales Value, by Application (2019-2030)
4.2.3 Global Handheld Plasma Cutters Sales Value, by Application (%) (2019-2030)
4.3 Global Handheld Plasma Cutters Sales Volume by Application
4.3.1 Global Handheld Plasma Cutters Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Handheld Plasma Cutters Sales Volume, by Application (2019-2030)
4.3.3 Global Handheld Plasma Cutters Sales Volume, by Application (%) (2019-2030)
4.4 Global Handheld Plasma Cutters Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Handheld Plasma Cutters Sales Value by Region
5.1.1 Global Handheld Plasma Cutters Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Handheld Plasma Cutters Sales Value by Region (2019-2024)
5.1.3 Global Handheld Plasma Cutters Sales Value by Region (2025-2030)
5.1.4 Global Handheld Plasma Cutters Sales Value by Region (%), (2019-2030)
5.2 Global Handheld Plasma Cutters Sales Volume by Region
5.2.1 Global Handheld Plasma Cutters Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Handheld Plasma Cutters Sales Volume by Region (2019-2024)
5.2.3 Global Handheld Plasma Cutters Sales Volume by Region (2025-2030)
5.2.4 Global Handheld Plasma Cutters Sales Volume by Region (%), (2019-2030)
5.3 Global Handheld Plasma Cutters Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Handheld Plasma Cutters Sales Value, 2019-2030
5.4.2 North America Handheld Plasma Cutters Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Handheld Plasma Cutters Sales Value, 2019-2030
5.5.2 Europe Handheld Plasma Cutters Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Handheld Plasma Cutters Sales Value, 2019-2030
5.6.2 Asia Pacific Handheld Plasma Cutters Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Handheld Plasma Cutters Sales Value, 2019-2030
5.7.2 South America Handheld Plasma Cutters Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Handheld Plasma Cutters Sales Value, 2019-2030
5.8.2 Middle East & Africa Handheld Plasma Cutters Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Handheld Plasma Cutters Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Handheld Plasma Cutters Sales Value
6.2.1 Key Countries/Regions Handheld Plasma Cutters Sales Value, 2019-2030
6.2.2 Key Countries/Regions Handheld Plasma Cutters Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Handheld Plasma Cutters Sales Value, 2019-2030
6.3.2 United States Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Handheld Plasma Cutters Sales Value, 2019-2030
6.4.2 Europe Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Handheld Plasma Cutters Sales Value, 2019-2030
6.5.2 China Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.5.3 China Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Handheld Plasma Cutters Sales Value, 2019-2030
6.6.2 Japan Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Handheld Plasma Cutters Sales Value, 2019-2030
6.7.2 South Korea Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Handheld Plasma Cutters Sales Value, 2019-2030
6.8.2 Southeast Asia Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Handheld Plasma Cutters Sales Value, 2019-2030
6.9.2 India Handheld Plasma Cutters Sales Value by Type (%), 2023 VS 2030
6.9.3 India Handheld Plasma Cutters Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Hypertherm
7.1.1 Hypertherm Company Information
7.1.2 Hypertherm Introduction and Business Overview
7.1.3 Hypertherm Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Hypertherm Handheld Plasma Cutters Product Offerings
7.1.5 Hypertherm Recent Development
7.2 Lincoln Electric
7.2.1 Lincoln Electric Company Information
7.2.2 Lincoln Electric Introduction and Business Overview
7.2.3 Lincoln Electric Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Lincoln Electric Handheld Plasma Cutters Product Offerings
7.2.5 Lincoln Electric Recent Development
7.3 ESAB
7.3.1 ESAB Company Information
7.3.2 ESAB Introduction and Business Overview
7.3.3 ESAB Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.3.4 ESAB Handheld Plasma Cutters Product Offerings
7.3.5 ESAB Recent Development
7.4 ITW
7.4.1 ITW Company Information
7.4.2 ITW Introduction and Business Overview
7.4.3 ITW Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.4.4 ITW Handheld Plasma Cutters Product Offerings
7.4.5 ITW Recent Development
7.5 GYS
7.5.1 GYS Company Information
7.5.2 GYS Introduction and Business Overview
7.5.3 GYS Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.5.4 GYS Handheld Plasma Cutters Product Offerings
7.5.5 GYS Recent Development
7.6 Shanghai Greatway
7.6.1 Shanghai Greatway Company Information
7.6.2 Shanghai Greatway Introduction and Business Overview
7.6.3 Shanghai Greatway Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Shanghai Greatway Handheld Plasma Cutters Product Offerings
7.6.5 Shanghai Greatway Recent Development
7.7 Chengdu Huayuan
7.7.1 Chengdu Huayuan Company Information
7.7.2 Chengdu Huayuan Introduction and Business Overview
7.7.3 Chengdu Huayuan Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Chengdu Huayuan Handheld Plasma Cutters Product Offerings
7.7.5 Chengdu Huayuan Recent Development
7.8 Shanghai Hugong
7.8.1 Shanghai Hugong Company Information
7.8.2 Shanghai Hugong Introduction and Business Overview
7.8.3 Shanghai Hugong Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Shanghai Hugong Handheld Plasma Cutters Product Offerings
7.8.5 Shanghai Hugong Recent Development
7.9 Helvi SpA
7.9.1 Helvi SpA Company Information
7.9.2 Helvi SpA Introduction and Business Overview
7.9.3 Helvi SpA Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Helvi SpA Handheld Plasma Cutters Product Offerings
7.9.5 Helvi SpA Recent Development
7.10 CEA
7.10.1 CEA Company Information
7.10.2 CEA Introduction and Business Overview
7.10.3 CEA Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.10.4 CEA Handheld Plasma Cutters Product Offerings
7.10.5 CEA Recent Development
7.11 Gala Gar
7.11.1 Gala Gar Company Information
7.11.2 Gala Gar Introduction and Business Overview
7.11.3 Gala Gar Handheld Plasma Cutters Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Gala Gar Handheld Plasma Cutters Product Offerings
7.11.5 Gala Gar Recent Development
8 Industry Chain Analysis
8.1 Handheld Plasma Cutters Industrial Chain
8.2 Handheld Plasma Cutters Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Handheld Plasma Cutters Sales Model
8.5.2 Sales Channel
8.5.3 Handheld Plasma Cutters Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Handheld Plasma Cutters market size was US$ 1112 million in 2025 and is forecast to reach a readjusted size of US$ 1986 million by 2032 with a CAGR of 8.8% during the forecast period 2026-2032.
Published Date: 2026-01-05
Pages: 92
USD 4250.00
(Single User License)
The global Handheld Plasma Cutters market was valued at US$ 1112 million in 2025 and is anticipated to reach US$ 1986 million by 2032, at a CAGR of 8.8% from 2026 to 2032.
Published Date: 2026-01-05
Pages: 137
USD 2900.00
(Single User License)
The global market for Handheld Plasma Cutters was estimated to be worth US$ 1112 million in 2025 and is projected to reach US$ 1986 million, growing at a CAGR of 8.8% from 2026 to 2032.
Published Date: 2026-01-05
Pages: 123
USD 3950.00
(Single User License)
The global Handheld Plasma Cutters market size was US$ 1030 million in 2024 and is forecast to a readjusted size of US$ 1841 million by 2031 with a CAGR of 8.8% during the forecast period 2025-2031.
Published Date: 2025-09-10
Pages: 99
USD 4250.00
(Single User License)
The global Handheld Plasma Cutters market is projected to grow from US$ 1030 million in 2024 to US$ 1841 million by 2031, at a CAGR of 8.8% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-07-31
Pages: 170
USD 4900.00
(Single User License)
The global market for Handheld Plasma Cutters was estimated to be worth US$ 1030 million in 2024 and is forecast to a readjusted size of US$ 1841 million by 2031 with a CAGR of 8.8% during the forecast period 2025-2031.
Published Date: 2025-01-19
Pages: 111
USD 3950.00
(Single User License)
The global market for Handheld Plasma Cutters was valued at US$ 1030 million in the year 2024 and is projected to reach a revised size of US$ 1841 million by 2031, growing at a CAGR of 8.8% during the forecast period.
Published Date: 2025-01-19
Pages: 104
USD 2900.00
(Single User License)
Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.
Published Date: 2024-04-07
Pages: 109
USD 4900.00
(Single User License)
Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.
Published Date: 2024-01-03
Pages: 101
USD 2900.00
(Single User License)
The global Handheld Plasma Cutters market size was US$ 1112 million in 2025 and is forecast to reach a readjusted size of US$ 1986 million by 2032 with a CAGR of 8.8% during the forecast period 2026-2032.
Published: 2026-01-05
Pages: 92
The global Handheld Plasma Cutters market was valued at US$ 1112 million in 2025 and is anticipated to reach US$ 1986 million by 2032, at a CAGR of 8.8% from 2026 to 2032.
Published: 2026-01-05
Pages: 137
The global market for Handheld Plasma Cutters was estimated to be worth US$ 1112 million in 2025 and is projected to reach US$ 1986 million, growing at a CAGR of 8.8% from 2026 to 2032.
Published: 2026-01-05
Pages: 123
The global Handheld Plasma Cutters market size was US$ 1030 million in 2024 and is forecast to a readjusted size of US$ 1841 million by 2031 with a CAGR of 8.8% during the forecast period 2025-2031.
Published: 2025-09-10
Pages: 99
The global Handheld Plasma Cutters market is projected to grow from US$ 1030 million in 2024 to US$ 1841 million by 2031, at a CAGR of 8.8% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-07-31
Pages: 170
The global market for Handheld Plasma Cutters was estimated to be worth US$ 1030 million in 2024 and is forecast to a readjusted size of US$ 1841 million by 2031 with a CAGR of 8.8% during the forecast period 2025-2031.
Published: 2025-01-19
Pages: 111
The global market for Handheld Plasma Cutters was valued at US$ 1030 million in the year 2024 and is projected to reach a revised size of US$ 1841 million by 2031, growing at a CAGR of 8.8% during the forecast period.
Published: 2025-01-19
Pages: 104
Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.
Published: 2024-04-07
Pages: 109
Plasma cutters are a necessity in the manufacturing industry, from construction companies and auto shops to locksmiths. As technology has progressed, so has this instrument’s design and capability. Handheld plasma cutters are versatile and often portable, making welding jobs more convenient. They deliver high-cutting amperage but are typically used in light-metal applications for trimming excess material.
Published: 2024-01-03
Pages: 101
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now