Market Overview:
The global modular laser cutting machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for modular laser cutting machines from various end-use industries, such as metal, plastic, glass, ceramic and others. In addition, the growing demand for technologically advanced modular laser cutting machines is also contributing to the growth of this market. Based on type, the global modular laser cutting machine market can be segmented into CNC controlled and manual control types. The CNC controlled type is expected to dominate this market during the forecast period owing to its high accuracy and precision levels as compared to manual control types. Based on application, the global modular laser cutting machine market can be segmented into metal applications, plastic applications, glass applications ceramic applications and other applications.
Product Definition:
A modular laser cutting machine comprises a set of components that can be connected together to form a complete machine. This type of design makes the laser cutter more flexible and easier to use, as it can be adapted to specific needs. The importance of modular laser cutting machines is that they are easy to use and adaptable, making them ideal for a variety of applications.
CNC:
CNC stands for Computer Numerical Control and it is a type of programmable automation. It uses computers to control the movement of tool or work piece in order to produce high quality cuts with minimum wastage. CNC machines are used across various industries such as automotive, aerospace & defense, entertainment industry and medical among others.
Manual Control:
Manual control is a system which uses manual operation or movements to operate the laser cutting machine. It’s an old technology used in many applications but it’s gaining popularity due to its advantages such as low cost and easy operations. In manual control, there is no computerized system controlling the movement of machine; instead, there are several controls present at operator console which allows user to cut material without any difficulty.
Application Insights:
Metal was the dominant application segment and accounted for a revenue share of more than 60.0% in 2017. The growth can be attributed to increasing demand for metal cutting applications, such as sheet-metal cutting, cold-forming, and welding. Modular laser machines are widely used in automotive industry for welding and other related operations such as component manufacturing.
The plastic segment is expected to witness the fastest CAGR over the forecast period owing to its lightweight properties that make it suitable for use in aerospace components manufacturing among other applications including medical devices and consumer goods packaging among others.
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 increasing demand for high-quality precision tools from various end-use industries, such as medical, automotive, electronics and others. In addition, rising investments by industry leaders in developing countries are expected to drive regional growth during the forecast period.
The Asia Pacific region is characterized by a large number of players that offer low-cost products owing to their lack of technological advancements. However, due to increased demand from several end-use industries within this region has led many manufacturers/suppliers with advanced technologies based outsource their production activities within this region thereby driving up its market share over the next eight years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for laser cutting machines from the automotive and aerospace industries
- Rising demand for laser cutting machines from the medical device and electronics industries
- Growing popularity of modular laser cutting machines among small- and medium-sized businesses
- Proliferation of online marketplaces that offer affordable pricing on modular laser cutting machines
- Advances in technology that result in more efficient and faster laser cutting machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Laser Cutting Machine Market Research Report
By Type
CNC, Manual Control, PLC Control
By Application
Metal, Plastic, Glass, Ceramic, Other
By Companies
BLM GROUP, CMS Industries, Eastman Machine Company, ERASER, ERMAKSAN, Isolcell, KAAST Machine Tools, Koike, Marel France, Metzner Maschinenbau, STM STEIN-MOSER, Suzhou Lead Laser Technology, TCI CUTTING, TRUMPF Laser Technology
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Modular Laser Cutting Machine Market Report Segments:
The global Modular Laser Cutting Machine market is segmented on the basis of:
Types
CNC, Manual Control, PLC Control
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
Metal, Plastic, Glass, Ceramic, Other
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:
- BLM GROUP
- CMS Industries
- Eastman Machine Company
- ERASER
- ERMAKSAN
- Isolcell
- KAAST Machine Tools
- Koike
- Marel France
- Metzner Maschinenbau
- STM STEIN-MOSER
- Suzhou Lead Laser Technology
- TCI CUTTING
- TRUMPF Laser Technology
Highlights of The Modular 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:
- CNC
- Manual Control
- PLC Control
- By Application:
- Metal
- Plastic
- Glass
- Ceramic
- Other
- 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 Modular 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 modular laser cutting machine is a type of CNC machining center that can be configured to produce a variety of parts from a single piece of material. This type of machine typically uses an automated system that allows the operator to configure the cutting parameters, such as speed and depth, for each individual part being cut.
Some of the major players in the modular laser cutting machine market are BLM GROUP, CMS Industries, Eastman Machine Company, ERASER, ERMAKSAN, Isolcell, KAAST Machine Tools, Koike, Marel France, Metzner Maschinenbau, STM STEIN-MOSER, Suzhou Lead Laser Technology, TCI CUTTING, TRUMPF Laser Technology.
The modular laser cutting machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Modular Laser Cutting Machine 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. Modular Laser Cutting Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Modular Laser Cutting Machine Market - Supply Chain
4.5. Global Modular Laser Cutting Machine Market Forecast
4.5.1. Modular Laser Cutting Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Modular Laser Cutting Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Modular Laser Cutting Machine Market Absolute $ Opportunity
5. Global Modular Laser Cutting Machine 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. Modular Laser Cutting Machine Market Size and Volume Forecast by Type
5.3.1. CNC
5.3.2. Manual Control
5.3.3. PLC Control
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Modular Laser Cutting Machine 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. Modular Laser Cutting Machine Market Size and Volume Forecast by Application
6.3.1. Metal
6.3.2. Plastic
6.3.3. Glass
6.3.4. Ceramic
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Modular Laser Cutting Machine 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. Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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. Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Demand Share Forecast, 2019-2026
9. North America Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Market Size and Volume Forecast by Application
9.4.1. Metal
9.4.2. Plastic
9.4.3. Glass
9.4.4. Ceramic
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Modular Laser Cutting Machine Market Size and Volume Forecast by Type
9.7.1. CNC
9.7.2. Manual Control
9.7.3. PLC Control
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 Modular Laser Cutting Machine Demand Share Forecast, 2019-2026
10. Latin America Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Market Size and Volume Forecast by Application
10.4.1. Metal
10.4.2. Plastic
10.4.3. Glass
10.4.4. Ceramic
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Modular Laser Cutting Machine Market Size and Volume Forecast by Type
10.7.1. CNC
10.7.2. Manual Control
10.7.3. PLC Control
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 Modular Laser Cutting Machine Demand Share Forecast, 2019-2026
11. Europe Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Market Size and Volume Forecast by Application
11.4.1. Metal
11.4.2. Plastic
11.4.3. Glass
11.4.4. Ceramic
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Modular Laser Cutting Machine Market Size and Volume Forecast by Type
11.7.1. CNC
11.7.2. Manual Control
11.7.3. PLC Control
11.8. Basis oint 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 Modular Laser Cutting Machine Demand Share, 2019-2026
12. Asia Pacific Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Market Size and Volume Forecast by Application
12.4.1. Metal
12.4.2. Plastic
12.4.3. Glass
12.4.4. Ceramic
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Modular Laser Cutting Machine Market Size and Volume Forecast by Type
12.7.1. CNC
12.7.2. Manual Control
12.7.3. PLC Control
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 Modular Laser Cutting Machine Demand Share, 2019-2026
13. Middle East & Africa Modular Laser Cutting Machine 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 Modular Laser Cutting Machine 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 Modular Laser Cutting Machine Market Size and Volume Forecast by Application
13.4.1. Metal
13.4.2. Plastic
13.4.3. Glass
13.4.4. Ceramic
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Modular Laser Cutting Machine Market Size and Volume Forecast by Type
13.7.1. CNC
13.7.2. Manual Control
13.7.3. PLC Control
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 Modular Laser Cutting Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Modular Laser Cutting Machine Market: Market Share Analysis
14.2. Modular Laser Cutting Machine Distributors and Customers
14.3. Modular Laser Cutting Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BLM GROUP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CMS Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eastman Machine Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ERASER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ERMAKSAN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Isolcell
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KAAST Machine Tools
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Koike
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Marel France
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Metzner Maschinenbau
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STM STEIN-MOSER
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Suzhou Lead Laser Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TCI CUTTING
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TRUMPF Laser Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
