Global Laser Cutting Machinery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Laser Cutting Machinery market size was valued at USD 4587.1 million in 2022 and is forecast to a readjusted size of USD 9243 million by 2029 with a CAGR of 10.5% during review period.
Laser cutting is a technology that uses a laser to cut materials. Laser cutting works by directing the output of a high-power laser most commonly through optics. The laser optics and CNC (computer numerical control) are used to direct the material or the laser beam generated. The laser cutting machines initially casts laser beam on the surface of work piece, melts it and finally evaporates the particular area of work piece using the energy released by laser.
Global key players of Laser Cutting Machinery include Trumpf, BystronicMazak, Mazak, Amada, etc. The top four players hold a share over 14%.
In terms of product type, Fiber Laser Cutting Machine is the largest segment, occupied for a share of 50%, and in terms of application, Application One has a share about 40%.
The Global Info Research report includes an overview of the development of the Laser Cutting Machinery industry chain, the market status of Automotive (CO2 Laser Cutting Machine, Fiber Laser Cutting Machine), Aerospace and Defense (CO2 Laser Cutting Machine, Fiber Laser Cutting Machine), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Laser Cutting Machinery.
Regionally, the report analyzes the Laser Cutting Machinery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Laser Cutting Machinery market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Laser Cutting Machinery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Laser Cutting Machinery industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., CO2 Laser Cutting Machine, Fiber Laser Cutting Machine).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Laser Cutting Machinery market.
Regional Analysis: The report involves examining the Laser Cutting Machinery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Laser Cutting Machinery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Laser Cutting Machinery:
Company Analysis: Report covers individual Laser Cutting Machinery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Laser Cutting Machinery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace and Defense).
Technology Analysis: Report covers specific technologies relevant to Laser Cutting Machinery. It assesses the current state, advancements, and potential future developments in Laser Cutting Machinery areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Laser Cutting Machinery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Laser Cutting Machinery market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
Others
Market segment by Application
Automotive
Aerospace and Defense
Machine Industry
Consumer Electronics
Others
Major players covered
Trumpf
Bystronic
Mazak
Amada
Prima Power
Mitsubishi Electric
Trotec
Coherent
LVD
EO Technics
Tanaka
IPG Photonics
Cincinnati
Koike
GF
Han'S Laser
Jinan Bodor
HG Laser
Chutian Laser
Tianqi Laser
Lead Laser
Boye Laser
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Laser Cutting Machinery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Laser Cutting Machinery, with price, sales, revenue and global market share of Laser Cutting Machinery from 2018 to 2023.
Chapter 3, the Laser Cutting Machinery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Laser Cutting Machinery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Laser Cutting Machinery market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Laser Cutting Machinery.
Chapter 14 and 15, to describe Laser Cutting Machinery sales channel, distributors, customers, research findings and conclusion.