UK Laser Cutting Machines Market Research Report Forecast to 2030
UK laser cutting machines market is expected to grow at 8.1% CAGR during the forecast period, 2022-2030. The expanding trend of automation in the manufacturing sector and the increasing demand for the end-use industry are expected to boost laser cutting demand over the forecast period, supporting the expansion of the laser cutting machine market. Additionally, the end-use industries extensively use these devices to effectively generate high-quality goods. Due to the expanding trend of automation, manufacturers may now automate a range of processes, including laser cutting. Due to their precision in producing and cutting parts and patterns, as well as their ability to generate results that are consistent, manufacturers are investing in the automation of laser cutting, which is boosting the market's growth.
Furthermore, the market for laser cutting machines is expanding as industry 4.0 technologies like automation, data analytics, and the Internet of Things (IoT) are increasingly being adopted. These technologies help to maximize the efficiency of laser cutting machines through a real-time information exchange that enables maximum output by allowing operators to monitor and manage their production processes. Manufacturers strive to increase production, lower operating costs, and reduce downtime. The enhanced human-machine connection made possible by industry 4.0 solutions, boosting quality, productivity, and energy efficiency, is another driver boosting the market expansion for laser cutting machines.
Market Segmentation
The UK laser cutting machines market is segmented, based on EV Interior Type, into Solid State Lasers, Gas Lasers, and Semiconductor Lasers.
Based on Application, the market is classified into Fusion Cutting, Flame Cutting, and Sublimation Cutting.
In terms of end use the market is segmented into Automotive, Consumer Electronics, Defence and Aerospace, Industrial, Others.
Major Players
The key players include Trumpf, Bystronic, Amada, Mazak Optonics, Trotec Laser, Kern Laser Systems, Esprit Automation, Nukon Lasers, CTR Lasers, and Epilog Laser.
Companies Mentioned
Trumpf Bystronic Amada Mazak Optonics Trotec Laser Kern Laser Systems Esprit Automation Nukon Lasers CTR Lasers and Epilog Laser.
1 Executive Summary 9
1.1 Market Attractiveness Analysis 10
1.1.1 Uk Laser Cutting Machines Market, By Type 10
1.1.2 Uk Laser Cutting Machines Market, By Application 11
1.1.3 Uk Laser Cutting Machines Market, By End Use 12
2 Market Introduction 13
2.1 Definition 13
2.2 Scope Of The Study 13
2.3 Research Objective 13
2.4 Market Structure 14
3 Research Methodology 15
3.1 Data Mining 15
3.2 Secondary Research 16
3.3 Primary Research 16
3.3.1 Primary Interviews And Information Gathering Process 17
3.3.2 Breakdown Of Primary Respondents 17
3.4 Research Methodology For Market Size Estimation 19
3.4.1 Bottom-up Approach 19
3.4.2 Top-down Approach 20
3.5 Data Validation 20
3.6 Assumptions & Limitations 21
4 Market Dynamics 22
4.1 Introduction 22
4.2 Drivers 23
4.2.1 Rapid Urbanisation, Increased Industrial Expansion, And Government Policies Led To
The Rapid Adoption Of Laser Cutting Machines In Emerging Economies 23
4.2.2 Increasing Consumer Awareness Of Laser Cutting Machines And The Launch Of
Innovative Products Will Boost Market Growth 24
4.3 Restraint 25
4.3.1 High Prices And Technological Limitations 25
4.3.2 Increased Security And Regulatory Compliance 25
4.4 Opportunities 26
4.4.1 Increased Adoption Of Industry 4.0 26
4.4.2 Manufacturers' Increased Demand For Cutting Process Automation To Increase
Output Capacity And Accuracy 26
4.5 Impact Of Coronavirus Outbreak On Market 26
4.5.1 Overview 26
4.5.1.1 Economic Impact 27
4.5.2 Impact On Supply Chain Of Industrial Sugar Market 27
4.5.2.1 Price Variation Of Key Raw Materials And Production Shutdown 27
4.5.2.2 Cash Flow Constraints 27
4.5.2.3 Impact On Import/Export 28
4.5.3 Impact Of Market Demand 28
4.5.3.1 Impact Due To Lockdown 28
4.5.3.2 Consumer Sentiments 28
4.5.4 Impact On Pricing 29
5 Market Factor Analysis 30
5.1.1 Uk Laser Cutting Machine Manufacturers 30
5.1.2 Distribution & Sales Channel 31
5.1.3 End-users 31
5.2 Porter’s Five Forces Model 31
5.2.1 Bargaining Power Of Suppliers 32
5.2.2 Bargaining Power Of Buyers 32
5.2.3 Threat Of New Entrants 32
5.2.4 Threat Of Substitutes 32
5.2.5 Intensity Of Rivalry 32
6 Uk Laser Cutting Machines Market, By Type 33
6.1 Introduction 33
6.2 Solid State Lasers 34
6.3 Gas Lasers 34
6.4 Semiconductor Lasers 34
7 Uk Laser Cutting Machines Market, By Application 35
7.1 Introduction 35
7.2 Fusion Cutting 36
7.3 Flame Cutting 36
7.4 Sublimation Cutting 36
8 Uk Laser Cutting Machines Market, By End Use 37
8.1 Introduction 37
8.2 Automotive 38
8.3 Consumer Electronics 38
8.4 Defence And Aerospace 38
8.5 Industrial 39
8.6 Others 39
9 Competitive Landscape 40
9.1 Competitive Overview 40
9.2 Market Share Analysis 40
9.3 Competitive Benchmarking 41
9.4 Competitor Dashboard 42
9.5 Major Growth Strategy In The Uk Laser Cutting Machine Market 42
9.6 Key Developments & Growth Strategies 43
9.6.1 Material Development 43
9.6.2 Expansion 43
10 Company Profiles 44
10.1 Trumpf 44
10.1.1 Company Overview 44
10.1.2 Financial Overview 45
10.1.3 Products Offered 45
10.1.4 Key Developments 46
10.1.5 Swot Analysis 46
10.1.6 Key Strategy 46
10.2 Bystronic Group 47
10.2.1 Company Overview 47
10.2.2 Products Offered 47
10.2.3 Swot Analysis 48
10.2.4 Key Strategy 48
10.3 Amada Pvt. Ltd 49
10.3.1 Company Overview 49
10.3.2 Products Offered 49
10.3.3 Key Developments 49
10.3.4 Swot Analysis 50
10.3.5 Key Strategy 50
10.4 Mazak Optonics Corporation 51
10.4.1 Company Overview 51
10.4.2 Products Offered 51
10.4.3 Swot Analysis 52
10.4.4 Key Strategy 52
10.5 Trotec Laser Gmbh 53
10.5.1 Company Overview 53
10.5.2 Products Offered 53
10.5.3 Swot Analysis 54
10.5.4 Key Strategy 54
10.6 Kern Laser Systems 55
10.6.1 Company Overview 55
10.6.2 Products Offered 55
10.6.3 Swot Analysis 56
10.6.4 Key Strategy 56
10.7 Esprit Automation Ltd 57
10.7.1 Company Overview 57
10.7.2 Products Offered 57
10.7.3 Key Developments 57
10.7.4 Swot Analysis 58
10.7.5 Key Strategy 58
10.8 Nukon Lasers 59
10.8.1 Company Overview 59
10.8.2 Products Offered 59
10.8.3 Swot Analysis 60
10.8.4 Key Strategy 60
10.9 Ctr Lasers 61
10.9.1 Company Overview 61
10.9.2 Products Offered 61
10.9.3 Swot Analysis 62
10.9.4 Key Strategy 62
10.10 Epilog Laser 63
10.10.1 Company Overview 63
10.10.2 Products Offered 63
10.10.3 Key Developments 63
10.10.4 Swot Analysis 64
10.10.5 Key Strategy 64
List Of Tables
Table 1 Market Synopsis 9
Table 2 List Of Assumptions 21
Table 3 Uk Laser Cutting Machines Market, By Type, 2018-2030 (Usd Million) 34
Table 4 Uk Laser Cutting Machines Market, By Application, 2018-2030 (Usd Million) 36
Table 5 Uk Laser Cutting Machines Market, By End Use, 2018-2030 (Usd Million) 38
Table 6 Competitor Dashboard: Uk Laser Cutting Machine Market 42