Market Overview:
The global low power laser cutting machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for low power laser cutting machines in various applications such as commercial, telecom, research, defense, medical and automotive among others. In addition, the growing demand for miniaturization and portability of devices is also fueling the growth of this market.
Product Definition:
A low power laser cutting machine is a device that uses lasers to cut materials. The importance of low power laser cutting machines is that they can be used to cut a wide variety of materials without causing damage or heat buildup.
Solid Laser:
Solid laser is a solid-state laser, which emits light by the stimulated emission of photons and can be operated at low power levels. The most commonly used type of solid lasers are the dye or pigment-based lasers. These dyes or pigments are selected on the basis of their optical properties and then coupled with an external optical fiber to form a laser.
YAG Laser:
YAG laser is a type of semiconductor laser that operates at infrared wavelengths. It generates light by the process of optical absorption and is mainly used in low power laser cutting machines for material processing applications. The YAG lasers are available in different sizes, shapes, and colors; hence they can be customized as per the application requirement.
Application Insights:
The telecom application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for low power laser cutting machines in order to manufacture components such as optical fiber cables, wireless communication devices, satellite dishes and space-based telescopes is expected to drive product demand over the coming years.
The defense application segment was valued at USD 1,227.5 million in 2017 owing to increasing use of lasers for cutting metal alloys used for aircraft body construction.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for low power laser cutting machines from countries such as China, India, Japan, South Korea, Taiwan among others. These countries are focusing on developing their manufacturing sector by adopting advanced technologies such as LLLT which will lead to increased demand for these machines in near future.
Europe accounted for a significant share of revenue in 2017 owing to growing adoption of LLLT across several industries including medical & dental among others. Moreover, increasing defense spending coupled with growing investments from other countries is also anticipated to drive the regional market during the forecast period.
Growth Factors:
- Increasing demand for low power laser cutting machines from the automotive and aerospace industries due to the growing need for lightweight and fuel-efficient vehicles.
- Rising demand for low power laser cutting machines from the medical device industry as they are used in a wide range of applications such as fabricating surgical implants, marking tissue, and creating microfluidic devices.
- Growing popularity of low power laser cutting machines in the consumer electronics sector due to their ability to create intricate designs on products such as smartphones and tablets.
- Increasing use of low power lasers in manufacturing processes across a number of industries due to their superior performance over traditional methods such as sawing, drilling, and punching.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Power Laser Cutting Machine Market Research Report
By Type
Solid Laser, YAG Laser, Semiconductor Laser, Thin Disk Laser, Liquid Laser, X-Ray Laser, Others
By Application
Commercial, Telecom, Research, Defense, Medical, Automotive, Electronics, Industrial
By Companies
Alpha Laser, Amada Miyachi, Bystronic, Coherent, CTR Lasers, Epilog Laser, Eurolaser, IPG Photonics, Jenoptik Laser, Alpha Laser
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Low Power Laser Cutting Machine Market Report Segments:
The global Low Power Laser Cutting Machine market is segmented on the basis of:
Types
Solid Laser, YAG Laser, Semiconductor Laser, Thin Disk Laser, Liquid Laser, X-Ray Laser, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Telecom, Research, Defense, Medical, Automotive, Electronics, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpha Laser
- Amada Miyachi
- Bystronic
- Coherent
- CTR Lasers
- Epilog Laser
- Eurolaser
- IPG Photonics
- Jenoptik Laser
- Alpha Laser
Highlights of The Low Power Laser Cutting Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solid Laser
- YAG Laser
- Semiconductor Laser
- Thin Disk Laser
- Liquid Laser
- X-Ray Laser
- Others
- By Application:
- Commercial
- Telecom
- Research
- Defense
- Medical
- Automotive
- Electronics
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low Power Laser Cutting Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A low power laser cutting machine is a type of industrial laser that uses less energy to cut materials than traditional lasers. This makes the machine more affordable and easier to operate, making it a popular choice for small businesses and home users.
Some of the key players operating in the low power laser cutting machine market are Alpha Laser, Amada Miyachi, Bystronic, Coherent, CTR Lasers, Epilog Laser, Eurolaser, IPG Photonics, Jenoptik Laser, Alpha Laser.
The low power laser cutting machine market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Power Laser Cutting Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low Power Laser Cutting Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Power Laser Cutting Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low Power Laser Cutting Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low Power Laser Cutting Machine Market Size & Forecast, 2018-2028
4.5.1 Low Power Laser Cutting Machine Market Size and Y-o-Y Growth
4.5.2 Low Power Laser Cutting Machine Market Absolute $ Opportunity
Chapter 5 Global Low Power Laser Cutting Machine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low Power Laser Cutting Machine Market Size Forecast by Type
5.2.1 Solid Laser
5.2.2 YAG Laser
5.2.3 Semiconductor Laser
5.2.4 Thin Disk Laser
5.2.5 Liquid Laser
5.2.6 X-Ray Laser
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Power Laser Cutting Machine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low Power Laser Cutting Machine Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Telecom
6.2.3 Research
6.2.4 Defense
6.2.5 Medical
6.2.6 Automotive
6.2.7 Electronics
6.2.8 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Power Laser Cutting Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low Power Laser Cutting Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low Power Laser Cutting Machine Analysis and Forecast
9.1 Introduction
9.2 North America Low Power Laser Cutting Machine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low Power Laser Cutting Machine Market Size Forecast by Type
9.6.1 Solid Laser
9.6.2 YAG Laser
9.6.3 Semiconductor Laser
9.6.4 Thin Disk Laser
9.6.5 Liquid Laser
9.6.6 X-Ray Laser
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low Power Laser Cutting Machine Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Telecom
9.10.3 Research
9.10.4 Defense
9.10.5 Medical
9.10.6 Automotive
9.10.7 Electronics
9.10.8 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low Power Laser Cutting Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Low Power Laser Cutting Machine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low Power Laser Cutting Machine Market Size Forecast by Type
10.6.1 Solid Laser
10.6.2 YAG Laser
10.6.3 Semiconductor Laser
10.6.4 Thin Disk Laser
10.6.5 Liquid Laser
10.6.6 X-Ray Laser
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low Power Laser Cutting Machine Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Telecom
10.10.3 Research
10.10.4 Defense
10.10.5 Medical
10.10.6 Automotive
10.10.7 Electronics
10.10.8 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low Power Laser Cutting Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Power Laser Cutting Machine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low Power Laser Cutting Machine Market Size Forecast by Type
11.6.1 Solid Laser
11.6.2 YAG Laser
11.6.3 Semiconductor Laser
11.6.4 Thin Disk Laser
11.6.5 Liquid Laser
11.6.6 X-Ray Laser
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low Power Laser Cutting Machine Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Telecom
11.10.3 Research
11.10.4 Defense
11.10.5 Medical
11.10.6 Automotive
11.10.7 Electronics
11.10.8 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low Power Laser Cutting Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Power Laser Cutting Machine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low Power Laser Cutting Machine Market Size Forecast by Type
12.6.1 Solid Laser
12.6.2 YAG Laser
12.6.3 Semiconductor Laser
12.6.4 Thin Disk Laser
12.6.5 Liquid Laser
12.6.6 X-Ray Laser
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low Power Laser Cutting Machine Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Telecom
12.10.3 Research
12.10.4 Defense
12.10.5 Medical
12.10.6 Automotive
12.10.7 Electronics
12.10.8 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low Power Laser Cutting Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Power Laser Cutting Machine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low Power Laser Cutting Machine Market Size Forecast by Type
13.6.1 Solid Laser
13.6.2 YAG Laser
13.6.3 Semiconductor Laser
13.6.4 Thin Disk Laser
13.6.5 Liquid Laser
13.6.6 X-Ray Laser
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low Power Laser Cutting Machine Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Telecom
13.10.3 Research
13.10.4 Defense
13.10.5 Medical
13.10.6 Automotive
13.10.7 Electronics
13.10.8 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low Power Laser Cutting Machine Market: Competitive Dashboard
14.2 Global Low Power Laser Cutting Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alpha Laser
14.3.2 Amada Miyachi
14.3.3 Bystronic
14.3.4 Coherent
14.3.5 CTR Lasers
14.3.6 Epilog Laser
14.3.7 Eurolaser
14.3.8 IPG Photonics
14.3.9 Jenoptik Laser
14.3.10 Alpha Laser
