Global Laser Cutting Service Market Growth 2025-2031

The global Laser Cutting Service market size is predicted to grow from US$ 5384 million in 2025 to US$ 10070 million in 2031; it is expected to grow at a CAGR of 11.0% from 2025 to 2031.

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 laser cutting machines key players include Trumpf, Mazak, Bystronic, Amada, Han"S Laser, etc. Global top 5 manufacturers hold a share over 40%.

Europe is the largest market, with a share over 32%, followed by China, have a share about 25 percent. In terms of product type, Fiber Laser Cutting Machine occupies the largest share of the total market, over 50%. And in terms of application, the largest application is Automotive, followed by Machine Industry.

LP Information, Inc. (LPI) ' newest research report, the “Laser Cutting Service Industry Forecast” looks at past sales and reviews total world Laser Cutting Service sales in 2024, providing a comprehensive analysis by region and market sector of projected Laser Cutting Service sales for 2025 through 2031. With Laser Cutting Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Cutting Service industry.

This Insight Report provides a comprehensive analysis of the global Laser Cutting Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Cutting Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Laser Cutting Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Cutting Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Cutting Service.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Cutting Service market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
Others

Segmentation by Application:
Automotive
Aerospace and Defense
Machine Industry
Consumer Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Laser Cutting Service market?

What factors are driving Laser Cutting Service market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Laser Cutting Service market opportunities vary by end market size?

How does Laser Cutting Service break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.