Prevalent significance of cutting operations as a key process in a range of industries has driven the demand for effective equipment and the adoption of advanced cutting technologies such as plasma cutting. In the recent past, several manufacturers of industrial cutting equipment have forayed into production of plasma cutting equipment. The advantage of plasma cutting equipment in delivering excellent cut quality at high speeds is observed as a key driver for their adoption. Moreover, these equipment can deliver clean cuts with negligible dross and across a wide range of operating temperatures. New plasma materials are being introduced to increase the efficiency of plasma cutting equipment in large-scale cutting applications. However, high maintenance costs, lack of skilled professionals, and increasing complexities in procurement of raw materials have deterred the adoption of plasma cutting equipment across industries. Persistence Market Research has published an exclusive study on ...