Market Overview:
The global metal laser cutting solutions 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 electronic and automotive components, rising industrial automation, and growing investments in research and development (R&D) activities. Based on type, the laser vaporization cutting segment is expected to account for the largest share of the global metal laser cutting solutions market in 2018. This segment is projected to grow at a CAGR of 7.0% during the forecast period from 2018 to 2030. Laser vaporization cutting offers high precision and accuracy along with low manufacturing costs as compared with other traditional methods such as sawing, punching, or milling. It also helps reduce wastage of material and results in less heat-affected zones (HAZ). These factors are driving its adoption among various industries such as electronics, machinery, automotive, and others. Based on application, the electronic segment is estimated to account for the largest share of the global metal laser cutting solutions market in 2018 followed by machinery and automotive segments respectively.
Product Definition:
Metal Laser Cutting Solutions is a technology that uses lasers to cut metal parts from a sheet of metal. It is often used to create custom-shaped parts for products or machines. The importance of Metal Laser Cutting Solutions lies in its ability to quickly and easily create custom shapes and sizes from sheets of metal. This can save time and money during the manufacturing process.
Laser Vaporization Cutting:
Laser vaporization cutting is a process of using high powered laser to evaporate the material and convert it into plasma. The process has wide applications in various industries such as automotive, aerospace & defense, electronics, power generation etc. It also finds its usage in household appliances such as refrigerators and washing machines for removing labels and adhesive residues.
Laser Melting Cutting:
Laser melting cutting is a process of converting solid metal to liquid form, which can be used for further processing. It helps in producing high quality components with reduced wastage and low operational cost. The process also offers improved dimensional accuracy along with higher surface finish and strong corrosion resistance properties.
Application Insights:
The application segment is segregated into machinery, automotive, electronics and other applications. The machinery application segment accounted for the largest market share in 2017 and this trend is expected to continue over the forecast period. This can be attributed to increasing demand from construction, mining and civil engineering industries for cutting various materials including steel, aluminum alloys & extrusions, glass fiber reinforced plastics (GFRP), polymers & composites.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several key players, such as Panasonic Corporation; Fujitsu Ltd.; Kawasaki Heavy Industries Ltd.; Hitachi, Ltd.; and Mitsubishi Electric Corporation. These players are engaged in extensive R&D activities for developing advanced metal laser cutting solutions. Moreover, they have established a strong distribution network across Asia Pacific that enables them to serve customers better.
The growing manufacturing sector across emerging economies of Asia Pacific has led to an increased demand for metal laser cutting solutions from various industries such as automotive, electronics & electrical equipment, consumer goods etc., which is anticipated to drive growth over the next eight years or so.
Growth Factors:
- Increasing demand for metal laser cutting solutions from the automotive and aerospace industries due to the need for advanced manufacturing processes and products.
- Rising demand for customized metal laser cutting solutions in small-scale businesses due to the growing trend of mass customization.
- Growing popularity of laser technology over traditional methods such as sawing, punching, and milling in the metal fabrication industry.
- Technological advancements that have led to better performance and efficiency of metal laser cutting systems, making them more affordable for small businesses.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Laser Cutting Solutions Market Research Report
By Type
Laser Vaporization Cutting, Laser Melting Cutting, Laser Oxygen Cutting, Other
By Application
Electronic, Machinery, Automotive, Others
By Companies
Chicago Metal Fabricators, HPL Stampings, Yorkshire Profiles, New England Die Cutting, Smucker Laser, Lasered Components, FedTech, Guangdong Hengyutai, Bassett Industries, Micron Laser Technology, Corry Laser Technology, Tri-State Fabricators, Sculpteo
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Metal Laser Cutting Solutions Market Report Segments:
The global Metal Laser Cutting Solutions market is segmented on the basis of:
Types
Laser Vaporization Cutting, Laser Melting Cutting, Laser Oxygen Cutting, Other
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
Electronic, Machinery, Automotive, Others
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:
- Chicago Metal Fabricators
- HPL Stampings
- Yorkshire Profiles
- New England Die Cutting
- Smucker Laser
- Lasered Components
- FedTech
- Guangdong Hengyutai
- Bassett Industries
- Micron Laser Technology
- Corry Laser Technology
- Tri-State Fabricators
- Sculpteo
Highlights of The Metal Laser Cutting Solutions 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:
- Laser Vaporization Cutting
- Laser Melting Cutting
- Laser Oxygen Cutting
- Other
- By Application:
- Electronic
- Machinery
- Automotive
- Others
- 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 Metal Laser Cutting Solutions 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?
Metal Laser Cutting Solutions is a company that specializes in metal laser cutting. They offer a wide range of services, including engraving, cutting, and welding. Metal Laser Cutting Solutions also offers consulting services to help clients choose the best laser for their needs.
Some of the major players in the metal laser cutting solutions market are Chicago Metal Fabricators, HPL Stampings, Yorkshire Profiles, New England Die Cutting, Smucker Laser, Lasered Components, FedTech, Guangdong Hengyutai, Bassett Industries, Micron Laser Technology, Corry Laser Technology, Tri-State Fabricators, Sculpteo.
The metal laser cutting solutions 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 Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size & Forecast, 2018-2028
4.5.1 Metal Laser Cutting Solutions Market Size and Y-o-Y Growth
4.5.2 Metal Laser Cutting Solutions Market Absolute $ Opportunity
Chapter 5 Global Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Type
5.2.1 Laser Vaporization Cutting
5.2.2 Laser Melting Cutting
5.2.3 Laser Oxygen Cutting
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Applications
6.2.1 Electronic
6.2.2 Machinery
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Type
9.6.1 Laser Vaporization Cutting
9.6.2 Laser Melting Cutting
9.6.3 Laser Oxygen Cutting
9.6.4 Other
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 Metal Laser Cutting Solutions Market Size Forecast by Applications
9.10.1 Electronic
9.10.2 Machinery
9.10.3 Automotive
9.10.4 Others
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 Metal Laser Cutting Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Type
10.6.1 Laser Vaporization Cutting
10.6.2 Laser Melting Cutting
10.6.3 Laser Oxygen Cutting
10.6.4 Other
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 Metal Laser Cutting Solutions Market Size Forecast by Applications
10.10.1 Electronic
10.10.2 Machinery
10.10.3 Automotive
10.10.4 Others
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 Metal Laser Cutting Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Type
11.6.1 Laser Vaporization Cutting
11.6.2 Laser Melting Cutting
11.6.3 Laser Oxygen Cutting
11.6.4 Other
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 Metal Laser Cutting Solutions Market Size Forecast by Applications
11.10.1 Electronic
11.10.2 Machinery
11.10.3 Automotive
11.10.4 Others
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 Metal Laser Cutting Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Laser Cutting Solutions 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 Metal Laser Cutting Solutions Market Size Forecast by Type
12.6.1 Laser Vaporization Cutting
12.6.2 Laser Melting Cutting
12.6.3 Laser Oxygen Cutting
12.6.4 Other
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 Metal Laser Cutting Solutions Market Size Forecast by Applications
12.10.1 Electronic
12.10.2 Machinery
12.10.3 Automotive
12.10.4 Others
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) Metal Laser Cutting Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Laser Cutting Solutions 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) Metal Laser Cutting Solutions Market Size Forecast by Type
13.6.1 Laser Vaporization Cutting
13.6.2 Laser Melting Cutting
13.6.3 Laser Oxygen Cutting
13.6.4 Other
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) Metal Laser Cutting Solutions Market Size Forecast by Applications
13.10.1 Electronic
13.10.2 Machinery
13.10.3 Automotive
13.10.4 Others
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 Metal Laser Cutting Solutions Market: Competitive Dashboard
14.2 Global Metal Laser Cutting Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chicago Metal Fabricators
14.3.2 HPL Stampings
14.3.3 Yorkshire Profiles
14.3.4 New England Die Cutting
14.3.5 Smucker Laser
14.3.6 Lasered Components
14.3.7 FedTech
14.3.8 Guangdong Hengyutai
14.3.9 Bassett Industries
14.3.10 Micron Laser Technology
14.3.11 Corry Laser Technology
14.3.12 Tri-State Fabricators
14.3.13 Sculpteo
