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Global Handheld Plasma Cutters Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029
Synopsis
The global Handheld Plasma Cutters market size was valued at USD 909.2 million in 2022 and is forecast to a readjusted size of USD 1598.3 million by 2029 with a CAGR of 8.4% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Handheld Plasma Cutters industry chain, the market status of Automotive (1-phase Power, 3-phase Power), Industrial and General Fabrication (1-phase Power, 3-phase Power), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Handheld Plasma Cutters.
Regionally, the report analyzes the Handheld Plasma Cutters markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Handheld Plasma Cutters market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Handheld Plasma Cutters market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Handheld Plasma Cutters industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 1-phase Power, 3-phase Power).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Handheld Plasma Cutters market.
Regional Analysis: The report involves examining the Handheld Plasma Cutters market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Handheld Plasma Cutters market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Handheld Plasma Cutters:
Company Analysis: Report covers individual Handheld Plasma Cutters manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Handheld Plasma Cutters This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Industrial and General Fabrication).
Technology Analysis: Report covers specific technologies relevant to Handheld Plasma Cutters. It assesses the current state, advancements, and potential future developments in Handheld Plasma Cutters areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Handheld Plasma Cutters market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Handheld Plasma Cutters market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
1-phase Power
3-phase Power
Market segment by Application
Automotive
Industrial and General Fabrication
HVAC
Others
Major players covered
Hypertherm
Lincoln Electric
ESAB
ITW
GYS
Shanghai Greatway
Chengdu Huayuan
Shanghai Hugong
Helvi SpA
CEA
Gala Gar
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Handheld Plasma Cutters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Handheld Plasma Cutters, with price, sales, revenue and global market share of Handheld Plasma Cutters from 2018 to 2023.
Chapter 3, the Handheld Plasma Cutters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Handheld Plasma Cutters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Handheld Plasma Cutters market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Handheld Plasma Cutters.
Chapter 14 and 15, to describe Handheld Plasma Cutters sales channel, distributors, customers, research findings and conclusion.
The global Handheld Plasma Cutters market size was valued at USD 909.2 million in 2022 and is forecast to a readjusted size of USD 1598.3 million by 2029 with a CAGR of 8.4% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Handheld Plasma Cutters industry chain, the market status of Automotive (1-phase Power, 3-phase Power), Industrial and General Fabrication (1-phase Power, 3-phase Power), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Handheld Plasma Cutters.
Regionally, the report analyzes the Handheld Plasma Cutters markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Handheld Plasma Cutters market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Handheld Plasma Cutters market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Handheld Plasma Cutters industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 1-phase Power, 3-phase Power).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Handheld Plasma Cutters market.
Regional Analysis: The report involves examining the Handheld Plasma Cutters market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Handheld Plasma Cutters market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Handheld Plasma Cutters:
Company Analysis: Report covers individual Handheld Plasma Cutters manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Handheld Plasma Cutters This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Industrial and General Fabrication).
Technology Analysis: Report covers specific technologies relevant to Handheld Plasma Cutters. It assesses the current state, advancements, and potential future developments in Handheld Plasma Cutters areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Handheld Plasma Cutters market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Handheld Plasma Cutters market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
1-phase Power
3-phase Power
Market segment by Application
Automotive
Industrial and General Fabrication
HVAC
Others
Major players covered
Hypertherm
Lincoln Electric
ESAB
ITW
GYS
Shanghai Greatway
Chengdu Huayuan
Shanghai Hugong
Helvi SpA
CEA
Gala Gar
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Handheld Plasma Cutters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Handheld Plasma Cutters, with price, sales, revenue and global market share of Handheld Plasma Cutters from 2018 to 2023.
Chapter 3, the Handheld Plasma Cutters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Handheld Plasma Cutters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Handheld Plasma Cutters market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Handheld Plasma Cutters.
Chapter 14 and 15, to describe Handheld Plasma Cutters sales channel, distributors, customers, research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Handheld Plasma Cutters
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Handheld Plasma Cutters Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 1-phase Power
1.3.3 3-phase Power
1.4 Market Analysis by Application
1.4.1 Overview: Global Handheld Plasma Cutters Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Automotive
1.4.3 Industrial and General Fabrication
1.4.4 HVAC
1.4.5 Others
1.5 Global Handheld Plasma Cutters Market Size & Forecast
1.5.1 Global Handheld Plasma Cutters Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Handheld Plasma Cutters Sales Quantity (2018-2029)
1.5.3 Global Handheld Plasma Cutters Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Hypertherm
2.1.1 Hypertherm Details
2.1.2 Hypertherm Major Business
2.1.3 Hypertherm Handheld Plasma Cutters Product and Services
2.1.4 Hypertherm Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Hypertherm Recent Developments/Updates
2.2 Lincoln Electric
2.2.1 Lincoln Electric Details
2.2.2 Lincoln Electric Major Business
2.2.3 Lincoln Electric Handheld Plasma Cutters Product and Services
2.2.4 Lincoln Electric Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Lincoln Electric Recent Developments/Updates
2.3 ESAB
2.3.1 ESAB Details
2.3.2 ESAB Major Business
2.3.3 ESAB Handheld Plasma Cutters Product and Services
2.3.4 ESAB Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 ESAB Recent Developments/Updates
2.4 ITW
2.4.1 ITW Details
2.4.2 ITW Major Business
2.4.3 ITW Handheld Plasma Cutters Product and Services
2.4.4 ITW Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 ITW Recent Developments/Updates
2.5 GYS
2.5.1 GYS Details
2.5.2 GYS Major Business
2.5.3 GYS Handheld Plasma Cutters Product and Services
2.5.4 GYS Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 GYS Recent Developments/Updates
2.6 Shanghai Greatway
2.6.1 Shanghai Greatway Details
2.6.2 Shanghai Greatway Major Business
2.6.3 Shanghai Greatway Handheld Plasma Cutters Product and Services
2.6.4 Shanghai Greatway Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Shanghai Greatway Recent Developments/Updates
2.7 Chengdu Huayuan
2.7.1 Chengdu Huayuan Details
2.7.2 Chengdu Huayuan Major Business
2.7.3 Chengdu Huayuan Handheld Plasma Cutters Product and Services
2.7.4 Chengdu Huayuan Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Chengdu Huayuan Recent Developments/Updates
2.8 Shanghai Hugong
2.8.1 Shanghai Hugong Details
2.8.2 Shanghai Hugong Major Business
2.8.3 Shanghai Hugong Handheld Plasma Cutters Product and Services
2.8.4 Shanghai Hugong Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Shanghai Hugong Recent Developments/Updates
2.9 Helvi SpA
2.9.1 Helvi SpA Details
2.9.2 Helvi SpA Major Business
2.9.3 Helvi SpA Handheld Plasma Cutters Product and Services
2.9.4 Helvi SpA Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Helvi SpA Recent Developments/Updates
2.10 CEA
2.10.1 CEA Details
2.10.2 CEA Major Business
2.10.3 CEA Handheld Plasma Cutters Product and Services
2.10.4 CEA Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 CEA Recent Developments/Updates
2.11 Gala Gar
2.11.1 Gala Gar Details
2.11.2 Gala Gar Major Business
2.11.3 Gala Gar Handheld Plasma Cutters Product and Services
2.11.4 Gala Gar Handheld Plasma Cutters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Gala Gar Recent Developments/Updates
3 Competitive Environment: Handheld Plasma Cutters by Manufacturer
3.1 Global Handheld Plasma Cutters Sales Quantity by Manufacturer (2018-2023)
3.2 Global Handheld Plasma Cutters Revenue by Manufacturer (2018-2023)
3.3 Global Handheld Plasma Cutters Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Handheld Plasma Cutters by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Handheld Plasma Cutters Manufacturer Market Share in 2022
3.4.2 Top 6 Handheld Plasma Cutters Manufacturer Market Share in 2022
3.5 Handheld Plasma Cutters Market: Overall Company Footprint Analysis
3.5.1 Handheld Plasma Cutters Market: Region Footprint
3.5.2 Handheld Plasma Cutters Market: Company Product Type Footprint
3.5.3 Handheld Plasma Cutters Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Handheld Plasma Cutters Market Size by Region
4.1.1 Global Handheld Plasma Cutters Sales Quantity by Region (2018-2029)
4.1.2 Global Handheld Plasma Cutters Consumption Value by Region (2018-2029)
4.1.3 Global Handheld Plasma Cutters Average Price by Region (2018-2029)
4.2 North America Handheld Plasma Cutters Consumption Value (2018-2029)
4.3 Europe Handheld Plasma Cutters Consumption Value (2018-2029)
4.4 Asia-Pacific Handheld Plasma Cutters Consumption Value (2018-2029)
4.5 South America Handheld Plasma Cutters Consumption Value (2018-2029)
4.6 Middle East and Africa Handheld Plasma Cutters Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
5.2 Global Handheld Plasma Cutters Consumption Value by Type (2018-2029)
5.3 Global Handheld Plasma Cutters Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
6.2 Global Handheld Plasma Cutters Consumption Value by Application (2018-2029)
6.3 Global Handheld Plasma Cutters Average Price by Application (2018-2029)
7 North America
7.1 North America Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
7.2 North America Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
7.3 North America Handheld Plasma Cutters Market Size by Country
7.3.1 North America Handheld Plasma Cutters Sales Quantity by Country (2018-2029)
7.3.2 North America Handheld Plasma Cutters Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
8.2 Europe Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
8.3 Europe Handheld Plasma Cutters Market Size by Country
8.3.1 Europe Handheld Plasma Cutters Sales Quantity by Country (2018-2029)
8.3.2 Europe Handheld Plasma Cutters Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Handheld Plasma Cutters Market Size by Region
9.3.1 Asia-Pacific Handheld Plasma Cutters Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Handheld Plasma Cutters Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
10.2 South America Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
10.3 South America Handheld Plasma Cutters Market Size by Country
10.3.1 South America Handheld Plasma Cutters Sales Quantity by Country (2018-2029)
10.3.2 South America Handheld Plasma Cutters Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Handheld Plasma Cutters Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Handheld Plasma Cutters Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Handheld Plasma Cutters Market Size by Country
11.3.1 Middle East & Africa Handheld Plasma Cutters Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Handheld Plasma Cutters Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Handheld Plasma Cutters Market Drivers
12.2 Handheld Plasma Cutters Market Restraints
12.3 Handheld Plasma Cutters Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Handheld Plasma Cutters and Key Manufacturers
13.2 Manufacturing Costs Percentage of Handheld Plasma Cutters
13.3 Handheld Plasma Cutters Production Process
13.4 Handheld Plasma Cutters Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Handheld Plasma Cutters Typical Distributors
14.3 Handheld Plasma Cutters Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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