PUBLISHER: Lucintel | PRODUCT CODE: 1416467
PUBLISHER: Lucintel | PRODUCT CODE: 1416467
The future of the global robotic laser cutting market looks promising with opportunities in the processing metal material and processing non-metal material markets. The global robotic laser cutting market is expected to reach an estimated $10.3 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are rising demand for automation in manufacturing industries, increasing trend of using robots for precision cutting applications, and growing productivity with improved laser technology.
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Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies robotic laser cutting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the robotic laser cutting companies profiled in this report include-
Lucintel forecasts that co2 laser cutting machines will remain the largest segment over the forecast period due to its growing applications, such as drilling holes in metals, endoscopy in medical, and targeting in military.
Within this market, processing metal materials will remain the larger segment over the forecast period due to growing demand for high-quality and complex cuts in various automotive components such as, body panels, door modules, hoods, and fuel tanks, and increasing demand from other applications such as aerospace & defense.
APAC will remain the largest region over the forecast period due to growing investments by companies in manufacturing high-end products with precision using robotic machines, and rising investment in research & development activities across a broad range of technologies including robotics, automation, artificial intelligence (AI), and machine learning.
Market Size Estimates: Robotic laser cutting market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Robotic laser cutting market size by various segments, such as by product, application, and region in terms of value ($B).
Regional Analysis: Robotic laser cutting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the robotic laser cutting market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the robotic laser cutting market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the robotic laser cutting market size?
Answer: The global robotic laser cutting market is expected to reach an estimated $10.3 billion by 2030.
Q.2 What is the growth forecast for robotic laser cutting market?
Answer: The global robotic laser cutting market is expected to grow with a CAGR of 8.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the robotic laser cutting market?
Answer: The major drivers for this market are rising demand for automation in manufacturing industries, increasing trend of using robots for precision cutting applications, and growing productivity with improved laser technology.
Q4. What are the major segments for robotic laser cutting market?
Answer: The future of the robotic laser cutting market looks promising with opportunities in the processing metal material and processing non-metal material markets.
Q5. Who are the key robotic laser cutting market companies?
Answer: Some of the key robotic laser cutting companies are as follows:
Q6. Which robotic laser cutting market segment will be the largest in future?
Answer: Lucintel forecasts that co2 laser cutting machines will remain the largest segment over the forecast period due to its growing applications, such as drilling holes in metals, endoscopy in medical, and targeting in military.
Q7. In robotic laser cutting market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to growing investments by companies in manufacturing high-end products with precision using robotic machines, and rising investment in research & development activities across a broad range of technologies including robotics, automation, artificial intelligence (AI), and machine learning.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.