Market Overview:
The global laser processing machines market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laser processing machines from various end-use industries, such as automotive, food & beverage, oil & gas, industrial and others. In terms of type, the gas laser processing machines segment is expected to lead the global market during the forecast period due to its high efficiency and low cost as compared to other types of lasers. In terms of application, the automotive segment is projected to lead the global market during 2018-2030 owing to rising demand for automobiles across different regions.
Product Definition:
Laser processing machines are used to cut and/or engrave materials using a laser. The importance of laser processing machines is that they can produce very precise results, which makes them ideal for use in a variety of applications.
Gas Laser Processing Machines:
Gas laser processing machines are used in the manufacturing industries for cutting, drilling, engraving and marking various materials such as metals & non-metals. The gas lasers produce light by harnessing chemical energy inherent in gases. They can be classified into two types on the basis of their output: carbon dioxide and nitrogen lasers.
Solid Laser Processing Machines:
A solid laser processing machine is a device used to manufacture semiconductor devices and electronic products. It comprises of high-power CO2 lasers, optical fibers, and other optoelectronic components. The major application areas include microelectronics manufacturing (MEMS), thin-film coating & photovoltaic (PV) applications along with material processing applications in the automotive industry.
The global Solid Laser Processing Machines market size was valued at USD 1,849.
Application Insights:
The automotive 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 growth can be attributed to increasing demand for laser-based systems in vehicle manufacturing as they provide high precision, quality, and productivity at low cost.
The food & beverage industry is one of the leading end-use industries for lasing technology as it offers high potential growth opportunities due to its rapid expansion across developing countries such as China, India and Brazil. Moreover, companies such as Epilam are focusing on offering solutions that enhance efficiency while reducing costs in this sector which would further propel demand over the coming years.
Regional Analysis:
Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries, such as automotive, food & beverage, oil & gas, and others. China is one of the major countries contributing toward regional growth owing to presence of a large number of manufacturers along with high industrial output.
The Latin American regional market also held a significant share in 2017 owing to increasing investments by global players for setting up manufacturing facilities in this region due to availability of skilled labor at low cost coupled with easy access to energy resources. For instance, In January 2018; Airbus S.A.
Growth Factors:
- Increasing demand for miniaturization in electronics industry
- Rising demand for advanced materials in medical and aerospace industries
- Growing popularity of laser processing machines among small and medium-sized enterprises (SMEs)
- Proliferation of 3D printing technology
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Processing Machines Market Research Report
By Type
Gas Laser Processing Machines, Solid Laser Processing Machines, Liquid Laser Processing Machines
By Application
Automotive, Food & Beverage, Oil & Gas, Industrial, Others
By Companies
Trumpf, Mitsubishi, Bystronic, Mazak, Panasonic, Jenoptik, Homag, Amada, Deckel Maho, Ermak, Esab, Aerotech, Enshu, Coherent, IPG Photonics, Rofin-Sinar Technologies, Alltec, Eurolaser, Newport Corporation
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Laser Processing Machines Market Report Segments:
The global Laser Processing Machines market is segmented on the basis of:
Types
Gas Laser Processing Machines, Solid Laser Processing Machines, Liquid Laser Processing Machines
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, Food & Beverage, Oil & Gas, Industrial, 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:
- Trumpf
- Mitsubishi
- Bystronic
- Mazak
- Panasonic
- Jenoptik
- Homag
- Amada
- Deckel Maho
- Ermak
- Esab
- Aerotech
- Enshu
- Coherent
- IPG Photonics
- Rofin-Sinar Technologies
- Alltec
- Eurolaser
- Newport Corporation
Highlights of The Laser Processing 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:
- Gas Laser Processing Machines
- Solid Laser Processing Machines
- Liquid Laser Processing Machines
- By Application:
- Automotive
- Food & Beverage
- Oil & Gas
- Industrial
- 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 Laser Processing 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.
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?
Laser processing machines are used to cut, shape and weld metal parts.
Some of the major players in the laser processing machines market are Trumpf, Mitsubishi, Bystronic, Mazak, Panasonic, Jenoptik, Homag, Amada, Deckel Maho, Ermak, Esab, Aerotech, Enshu, Coherent, IPG Photonics, Rofin-Sinar Technologies, Alltec, Eurolaser, Newport Corporation.
The laser processing machines market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Processing 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 Processing 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 Processing Machines Market - Supply Chain
4.5. Global Laser Processing Machines Market Forecast
4.5.1. Laser Processing Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Processing Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Processing Machines Market Absolute $ Opportunity
5. Global Laser Processing 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 Processing Machines Market Size and Volume Forecast by Type
5.3.1. Gas Laser Processing Machines
5.3.2. Solid Laser Processing Machines
5.3.3. Liquid Laser Processing Machines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Processing 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 Processing Machines Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Food & Beverage
6.3.3. Oil & Gas
6.3.4. Industrial
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Processing 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 Processing 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 Processing 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 Processing 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 Processing Machines Demand Share Forecast, 2019-2029
9. North America Laser Processing 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 Processing 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 Processing Machines Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Food & Beverage
9.4.3. Oil & Gas
9.4.4. Industrial
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Processing Machines Market Size and Volume Forecast by Type
9.7.1. Gas Laser Processing Machines
9.7.2. Solid Laser Processing Machines
9.7.3. Liquid Laser Processing Machines
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 Processing Machines Demand Share Forecast, 2019-2029
10. Latin America Laser Processing 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 Processing 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 Processing Machines Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Food & Beverage
10.4.3. Oil & Gas
10.4.4. Industrial
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Processing Machines Market Size and Volume Forecast by Type
10.7.1. Gas Laser Processing Machines
10.7.2. Solid Laser Processing Machines
10.7.3. Liquid Laser Processing Machines
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 Processing Machines Demand Share Forecast, 2019-2029
11. Europe Laser Processing 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 Processing 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 Processing Machines Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Food & Beverage
11.4.3. Oil & Gas
11.4.4. Industrial
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Processing Machines Market Size and Volume Forecast by Type
11.7.1. Gas Laser Processing Machines
11.7.2. olid Laser Processing Machines
11.7.3. Liquid Laser Processing Machines
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 Processing Machines Demand Share, 2019-2029
12. Asia Pacific Laser Processing 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 Processing 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 Processing Machines Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Food & Beverage
12.4.3. Oil & Gas
12.4.4. Industrial
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Processing Machines Market Size and Volume Forecast by Type
12.7.1. Gas Laser Processing Machines
12.7.2. Solid Laser Processing Machines
12.7.3. Liquid Laser Processing Machines
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 Processing Machines Demand Share, 2019-2029
13. Middle East & Africa Laser Processing 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 Processing 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 Processing Machines Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Food & Beverage
13.4.3. Oil & Gas
13.4.4. Industrial
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Processing Machines Market Size and Volume Forecast by Type
13.7.1. Gas Laser Processing Machines
13.7.2. Solid Laser Processing Machines
13.7.3. Liquid Laser Processing Machines
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 Processing Machines Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Laser Processing Machines Market: Market Share Analysis
14.2. Laser Processing Machines Distributors and Customers
14.3. Laser Processing 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. Mitsubishi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bystronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mazak
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Panasonic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jenoptik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Homag
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Amada
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Deckel Maho
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ermak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Esab
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aerotech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Enshu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Coherent
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. Rofin-Sinar Technologies
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Alltec
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Eurolaser
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Newport Corporation
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
