The global laser cutting machines market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%. The automotive holds an important share in terms of applications, and accounts for 37% of the market share. North America is expected to be the largest regional market for laser cutting machines with a revenue contribution of about 34% by 2030.
Some Of The Growth Factors Of This Market:
- The increasing demand for laser cutting machines in the manufacturing industry is a major factor driving the growth of this market.
- The increasing use of laser cutting machines in various industries such as aerospace, automotive, and medical is also driving the growth of this market.
- The growing need to reduce costs and improve efficiency in manufacturing processes is also a major factor driving the growth of this market.
- Increasing investments by governments and private players in research and development activities related to laser cutting machines are also fueling the growth of this market.
- Increasing awareness about laser cutting machines among end-users is another factor that will drive the growth of this market.
Industry Growth Insights published a new data on “Laser Cutting Machines Market”. The research report is titled “Laser Cutting Machines Market research by Types (CO2 Laser Cutting Machine, Fiber Laser Cutting Machine, Other, The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.), By Applications (Automotive, Aerospace and Defense, Machine Industry, Consumer Electronics, Other, The automotive holds an important share in terms of applications, and accounts for 37% of the market share.), By Players/Companies Trumpf, Bystronic, Mazak, Amada, Prima Power, Mitsubishi Electric, Trotec, Coherent, LVD, Tanaka, Cincinnati, CTR Lasers, Koike, Spartanics, IPG Photonics, Microlution, Han'S Laser, HG Laser, Chutian Laser, Tianqi Laser, Lead Laser, Boye Laser, Kaitian Laser, HE Laser, Golden Laser”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Cutting Machines Market Research Report
By Type
CO2 Laser Cutting Machine, Fiber Laser Cutting Machine, Other, The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
By Application
Automotive, Aerospace and Defense, Machine Industry, Consumer Electronics, Other, The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
By Companies
Trumpf, Bystronic, Mazak, Amada, Prima Power, Mitsubishi Electric, Trotec, Coherent, LVD, Tanaka, Cincinnati, CTR Lasers, Koike, Spartanics, IPG Photonics, Microlution, Han'S Laser, HG Laser, Chutian Laser, Tianqi Laser, Lead Laser, Boye Laser, Kaitian Laser, HE Laser, Golden 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Laser Cutting Machines Market Report Segments:
The global Laser Cutting Machines market is segmented on the basis of:
Types
CO2 Laser Cutting Machine, Fiber Laser Cutting Machine, Other, The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
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
Automotive, Aerospace and Defense, Machine Industry, Consumer Electronics, Other, The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
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:
- Trumpf
- Bystronic
- Mazak
- Amada
- Prima Power
- Mitsubishi Electric
- Trotec
- Coherent
- LVD
- Tanaka
- Cincinnati
- CTR Lasers
- Koike
- Spartanics
- IPG Photonics
- Microlution
- Han'S Laser
- HG Laser
- Chutian Laser
- Tianqi Laser
- Lead Laser
- Boye Laser
- Kaitian Laser
- HE Laser
- Golden Laser
Highlights of The Laser Cutting Machines 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:
- CO2 Laser Cutting Machine
- Fiber Laser Cutting Machine
- Other
- The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
- By Application:
- Automotive
- Aerospace and Defense
- Machine Industry
- Consumer Electronics
- Other
- The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
- 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 Laser Cutting Machines 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.
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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?
Laser cutting machines are used to cut materials by using a powerful laser beam. The material is cut by the laser beam and then ejected from the machine.
Some of the major players in the laser cutting machines market are Trumpf, Bystronic, Mazak, Amada, Prima Power, Mitsubishi Electric, Trotec, Coherent, LVD, Tanaka, Cincinnati, CTR Lasers, Koike, Spartanics, IPG Photonics, Microlution, Han'S Laser, HG Laser, Chutian Laser, Tianqi Laser, Lead Laser, Boye Laser, Kaitian Laser, HE Laser, Golden Laser.
The laser cutting machines market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Cutting Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laser Cutting Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Cutting Machines Market - Supply Chain
4.5. Global Laser Cutting Machines Market Forecast
4.5.1. Laser Cutting Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Cutting Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Cutting Machines Market Absolute $ Opportunity
5. Global Laser Cutting Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laser Cutting Machines Market Size and Volume Forecast by Type
5.3.1. CO2 Laser Cutting Machine
5.3.2. Fiber Laser Cutting Machine
5.3.3. Other
5.3.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Cutting Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laser Cutting Machines Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace and Defense
6.3.3. Machine Industry
6.3.4. Consumer Electronics
6.3.5. Other
6.3.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Cutting Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laser Cutting Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laser Cutting Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laser Cutting Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laser Cutting Machines Demand Share Forecast, 2019-2026
9. North America Laser Cutting Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laser Cutting Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laser Cutting Machines Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace and Defense
9.4.3. Machine Industry
9.4.4. Consumer Electronics
9.4.5. Other
9.4.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Cutting Machines Market Size and Volume Forecast by Type
9.7.1. CO2 Laser Cutting Machine
9.7.2. Fiber Laser Cutting Machine
9.7.3. Other
9.7.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laser Cutting Machines Demand Share Forecast, 2019-2026
10. Latin America Laser Cutting Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laser Cutting Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laser Cutting Machines Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace and Defense
10.4.3. Machine Industry
10.4.4. Consumer Electronics
10.4.5. Other
10.4.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Cutting Machines Market Size and Volume Forecast by Type
10.7.1. CO2 Laser Cutting Machine
10.7.2. Fiber Laser Cutting Machine
10.7.3. Other
10.7.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laser Cutting Machines Demand Share Forecast, 2019-2026
11. Europe Laser Cutting Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laser Cutting Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laser Cutting Machines Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace and Defense
11.4.3. Machine Industry
11.4.4. Consumer Electronics
11.4.5. Other
11.4.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lase Cutting Machines Market Size and Volume Forecast by Type
11.7.1. CO2 Laser Cutting Machine
11.7.2. Fiber Laser Cutting Machine
11.7.3. Other
11.7.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laser Cutting Machines Demand Share, 2019-2026
12. Asia Pacific Laser Cutting Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laser Cutting Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laser Cutting Machines Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace and Defense
12.4.3. Machine Industry
12.4.4. Consumer Electronics
12.4.5. Other
12.4.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Cutting Machines Market Size and Volume Forecast by Type
12.7.1. CO2 Laser Cutting Machine
12.7.2. Fiber Laser Cutting Machine
12.7.3. Other
12.7.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laser Cutting Machines Demand Share, 2019-2026
13. Middle East & Africa Laser Cutting Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laser Cutting Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laser Cutting Machines Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace and Defense
13.4.3. Machine Industry
13.4.4. Consumer Electronics
13.4.5. Other
13.4.6. The automotive holds an important share in terms of applications, and accounts for 37% of the market share.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Cutting Machines Market Size and Volume Forecast by Type
13.7.1. CO2 Laser Cutting Machine
13.7.2. Fiber Laser Cutting Machine
13.7.3. Other
13.7.4. The segment of CO2 laser cutting machine holds a comparatively larger share in global market, which accounts for about 57%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laser Cutting Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Cutting Machines Market: Market Share Analysis
14.2. Laser Cutting Machines Distributors and Customers
14.3. Laser Cutting Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Trumpf
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bystronic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mazak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Amada
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Prima Power
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mitsubishi Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trotec
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Coherent
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LVD
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tanaka
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cincinnati
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CTR Lasers
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Koike
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Spartanics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. IPG Photonics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Microlution
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Han'S Laser
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. HG Laser
14.4.18.1. Overview<
