North America Laser Cutting Machines Market Size, Share & Industry Trends Analysis Report By Application, By Technology (Solid State Lasers, Gas Lasers, and Semiconductor Lasers), By Process, By Country and Growth Forecast, 2023 - 2029

North America Laser Cutting Machines Market Size, Share & Industry Trends Analysis Report By Application, By Technology (Solid State Lasers, Gas Lasers, and Semiconductor Lasers), By Process, By Country and Growth Forecast, 2023 - 2029


The North America Laser Cutting Machines Market would witness market growth of 4.6% CAGR during the forecast period (2023-2029).

The method of laser cutting is a form of thermal processing that involves the use of a focused beam of light to change the material in an intensely localized area. A co-axial burner is utilized to discharge the liquid material and create a kerf. An eternal cut is produced by manipulating the beam of light or piece of work under CNC control. There are three fundamental varieties of laser cutting: fusion, flame, and remote. Utilizing an inert gas (typically nitrogen), molten material is expelled from the kerf during infusion cutting. Nitrogen gas does not contribute to the energy input because it does not react exothermically with molten metal.

In flame cutting, oxygen is used as a support gas; this results in an exothermic reaction that boosts the energy input and mechanically stresses the molten material. A high-intensity laser beam partially vaporizes the material during remote cutting, enabling thin sheets to be sliced without using an assist gas. In addition, laser cutting is a technology used to cut materials like carbon dioxide, solid-state, and fiber. In addition, laser cutting machines can precisely cut various materials, including steel and plastic. It is a vital production tool utilized by consumer electronics, automotive, machine tooling, and other manufacturing industries to produce components with complex geometry.

A key pillar of the Mexican economy is the industrial sector. The industry, which accounts for 18.5% of the economy and 47.9% of the investment, is the main draw for FDI. Mexico has 14 free trade agreements with more than 46 countries and grants preferential access to various industries. About 80% of the nation's exports go to the US, an important trading partner. The region's industrial sector's strong presence and ongoing development are anticipated to increase the use of laser cutting technologies for production, driving the market's expansion in the region.

The US market dominated the North America Laser Cutting Machines Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,954.1 million by 2029. The Canada market is poised to grow at a CAGR of 7% during (2023 - 2029). Additionally, The Mexico market would showcase a CAGR of 6% during (2023 - 2029).

Based on Application, the market is segmented into Industrial, Automotive, Consumer Electronics, Defense & Aerospace, and Others. Based on Technology, the market is Solid State Lasers, Gas Lasers, and Semiconductor Lasers. Based on Process, the market is Flame Cutting, Fusion Cutting, and Sublimation Cutting. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AMADA CO., LTD., TRUMPF SE + Co. KG, FANUC Corporation, Bystronic Laser AG, Coherent Corp., IPG Photonics Corporation, Jenoptik AG, DPSS Lasers, Inc., Epilog Laser, and Kern Laser Systems.

Scope of the Study

Market Segments covered in the Report:

By Application
  • Industrial
  • Automotive
  • Consumer Electronics
  • Defense & Aerospace
  • Others
By Technology
  • Solid State Lasers
  • Gas Lasers
  • Semiconductor Lasers
By Process
  • Flame Cutting
  • Fusion Cutting
  • Sublimation Cutting
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • AMADA CO., LTD.
  • TRUMPF SE + Co. KG
  • FANUC Corporation
  • Bystronic Laser AG
  • Coherent Corp.
  • IPG Photonics Corporation
  • Jenoptik AG
  • DPSS Lasers, Inc.
  • Epilog Laser
  • Kern Laser Systems
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Laser Cutting Machines Market, by Application
1.4.2 North America Laser Cutting Machines Market, by Technology
1.4.3 North America Laser Cutting Machines Market, by Process
1.4.4 North America Laser Cutting Machines Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Mar – 2023, Apr) Leading Players
Chapter 4. North America Laser Cutting Machines Market by Application
4.1 North America Industrial Market by Country
4.2 North America Automotive Market by Country
4.3 North America Consumer Electronics Market by Country
4.4 North America Defense & Aerospace Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Laser Cutting Machines Market by Technology
5.1 North America Solid State Lasers Market by Country
5.2 North America Gas Lasers Market by Country
5.3 North America Semiconductor Lasers Market by Country
Chapter 6. North America Laser Cutting Machines Market by Process
6.1 North America Flame Cutting Market by Country
6.2 North America Fusion Cutting Market by Country
6.3 North America Sublimation Cutting Market by Country
Chapter 7. North America Laser Cutting Machines Market by Country
7.1 US Laser Cutting Machines Market
7.1.1 US Laser Cutting Machines Market by Application
7.1.2 US Laser Cutting Machines Market by Technology
7.1.3 US Laser Cutting Machines Market by Process
7.2 Canada Laser Cutting Machines Market
7.2.1 Canada Laser Cutting Machines Market by Application
7.2.2 Canada Laser Cutting Machines Market by Technology
7.2.3 Canada Laser Cutting Machines Market by Process
7.3 Mexico Laser Cutting Machines Market
7.3.1 Mexico Laser Cutting Machines Market by Application
7.3.2 Mexico Laser Cutting Machines Market by Technology
7.3.3 Mexico Laser Cutting Machines Market by Process
7.4 Rest of North America Laser Cutting Machines Market
7.4.1 Rest of North America Laser Cutting Machines Market by Application
7.4.2 Rest of North America Laser Cutting Machines Market by Technology
7.4.3 Rest of North America Laser Cutting Machines Market by Process
Chapter 8. Company Profiles
8.1 AMADA CO., LTD.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Product Launches and Product Expansions:
8.1.4.2 Acquisition and Mergers:
8.1.5 SWOT Analysis
8.2 TRUMPF SE + Co. KG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 FANUC Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Product & Service and Regional Analysis
8.3.4 Research & Development Expense
8.4 Bystronic Laser AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Geographical Expansions:
8.5 Coherent Corp.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 IPG Photonics Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Jenoptik AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.8 Epilog Laser
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Kern Laser Systems
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. DPSS Lasers, Inc.
8.10.1 Company Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings