Global Robotic Laser Cutting Market 2024-2028
The robotic laser cutting market is forecasted to grow by USD 129 mn during 2023-2028, accelerating at a CAGR of 14.76% during the forecast period. The report on the robotic laser cutting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased productivity with improved laser technology, increase in adoption of industrial robots in developing countries in APAC, and low cost and less space requirement of robotic laser cutting.
Technavio's robotic laser cutting market is segmented as below:
ByEnd-user
- Automotive Industry
- Metal Industry
- Aerospace Industry
- Others
ByType
- CO2 Laser Cutting Machine
- Fiber Laser Cutting Machine
- YAG Cutting Machine
ByGeography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the iot and industry 4.0 as one of the prime reasons driving the robotic laser cutting market growth during the next few years. Also, robotic laser cutting in aerospace and defense industry and locus beam technology will lead to sizable demand in the market.
The report on the robotic laser cutting market covers the following areas:
- Robotic laser cutting market sizing
- Robotic laser cutting market forecast
- Robotic laser cutting market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robotic laser cutting market vendors that include ABB Ltd., AMADA Co. Ltd., Amdoit Technologies Pvt. Ltd, BLM S.P.A., Chutian Laser, Daihen Corp., DIVINE TECHNO ENGINEERS, FANUC Corp., HGLaser Engineering Co. Ltd., Jenoptik AG, KUKA AG, Laser Photonics, MIDEA Group Co. Ltd., Precitec GmbH and Co. KG, Productive Robotics Inc., Shape Process Automation, SHFULAI, Spark Robotic, Staubli International AG, Suresh Indu Lasers Pvt Ltd., VP Synergic Weld Solutions Pvt Ltd., and Yaskawa Electric Corp.. Also, the robotic laser cutting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.