Global Laser Cutting Machines Market Size study & Forecast, by Technology, by Process, by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Laser Cutting Machines Market is valued at approximately USD 5.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2023-2030. Laser cutting machines are devices that utilize laser technology to precisely cut various materials, such as metal, wood, plastic, or fabric, with high accuracy and speed. The Laser Cutting Machines Market is expanding because of factors such as increasing demand for automobiles and growing adoption of laser technology. Moreover, the automotive industry's growing demand significantly influences the laser cutting machine market. Laser cutting machines play a vital role in the automotive sector, being extensively utilized for cutting, welding, and marking different parts and components such as body panels and engine parts. Its importance has progressively increased during the forecast year of 2023-2030.

According to Statista in 2023, There was a continuous growth in global annual car sales, and in 2022, the total number of cars sold reached around 67.2 million vehicles, reflecting an increase compared to the sales of approximately 66.7 million units in 2021. This indicates a positive trend in the global automotive market. The increased adoption of laser technology in manufacturing processes, such as automotive, aerospace, electronics, and medical devices, has fueled the demand for laser cutting machines. According to Statista in 2021, the global market for lasers experienced continuous growth, and it was projected that sales would exceed USD 18 billion. In the year 2020, the global sales of lasers amounted to USD 16 billion. These figures indicate a positive trend and significant market expansion in the global laser industry. In addition, expansion of the electronics industry and advancements in fiber laser technology would create a lucrative growth opportunity. However, the high cost of laser cutting machines and technological constraints stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Laser Cutting Machines Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market during the forecast period owing to the growing automotive production in the region is fueling the demand for laser cutting machines, particularly due to the need for precision cutting in industries such as automotive, aerospace, and electronics. The Asia-Pacific region is the fastest growing region during the forecast period owing to the factors such as increasing demand for highly precise and efficient manufacturing processes across various industries, including automotive, aerospace, electronics, and medical devices. This demand is driving the need for advanced technologies such as laser cutting machines that can deliver high precision and efficiency in the manufacturing processes of these industries.

Major market player included in this report are:

Amada Weld Tech Co., Ltd.
Monport Tech Inc.
Bystronic Inc.
Coherent Inc.
Epilog Lasers Inc.
Yamazaki Mazak corporation
Jenoptik Laser GmbH
Rofin-Sinar Technologies Inc.
Trumpf Laser GmbH + Co. Kg
Avid Identification Systems, Inc.

Recent Developments in the Market:

In April 2022, Monport Tech Inc. introduced the Monfort laser, a laser machine renowned for its exceptional customer service, affordability, and high-quality output. Prior to its launch, the expert laser engraving machine successfully engraved numerous valuable materials, showcasing its reliability and efficiency.
In April 2022, Bystronic Inc collaborated with Nano Lock Security to create security solutions specifically designed for sheet and tube metal cutting, bending, and automation systems. These technological advancements aim to address various unresolved challenges in downstream industries. Consequently, the increased demand for laser cutting machines is expected, driving market growth in the foreseeable future.
In April 2022, Yamazaki Mazak corporation introduced the FG-220, a cutting machine designed to provide precise cutting of various structural materials such as round, square, rectangular, and open profiles. This innovation offered several benefits, including shorter setup time, reduced lead time, decreased operator requirements, and minimized floor space requirements.

Global Laser Cutting Machines Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, Process, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Solid-State lasers
Gas Lasers
Semiconductor Laser

By Process:

Fusion Cutting
Flame Cutting
Sublimation Cutting

By End-User:

Automotive
Consumer Electronics
Defense and Aerospace
Industrial
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Laser Cutting Machines Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Laser Cutting Machines Market, by Technology, 2020-2030 (USD Billion)
- 1.2.3. Laser Cutting Machines Market, by Process, 2020-2030 (USD Billion)
- 1.2.4. Laser Cutting Machines Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Laser Cutting Machines Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Laser Cutting Machines Market Dynamics

3.1. Laser Cutting Machines Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for automobiles
  - 3.1.1.2. Growing adoption of laser technology.
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Laser Cutting Machines
  - 3.1.2.2. Technological constraints
- 3.1.3. Market Opportunities
  - 3.1.3.1. Expansion of the electronics industry
  - 3.1.3.2. Advancements in fiber laser technology

Chapter 4. Global Laser Cutting Machines Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Laser Cutting Machines Market, by Technology

5.1. Market Snapshot
5.2. Global Laser Cutting Machines Market by Technology , Performance - Potential Analysis
5.3. Global Laser Cutting Machines Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
5.4. Laser Cutting Machines Market, Sub Segment Analysis
- 5.4.1. Solid-State lasers
- 5.4.2. Gas Lasers
- 5.4.3. Semiconductor Laser

Chapter 6. Global Laser Cutting Machines Market, by Process

6.1. Market Snapshot
6.2. Global Laser Cutting Machines Market by Process, Performance - Potential Analysis
6.3. Global Laser Cutting Machines Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
6.4. Laser Cutting Machines Market, Sub Segment Analysis
- 6.4.1. Fusion Cutting
- 6.4.2. Flame Cutting
- 6.4.3. Sublimation Cutting

Chapter 7. Global Laser Cutting Machines Market, by End-User

7.1. Market Snapshot
7.2. Global Laser Cutting Machines Market by End-User, Performance - Potential Analysis
7.3. Global Laser Cutting Machines Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
7.4. Laser Cutting Machines Market, Sub Segment Analysis
- 7.4.1. Automotive
- 7.4.2. Consumer Electronics
- 7.4.3. Defense and Aerospace
- 7.4.4. Industrial
- 7.4.5. Others

Chapter 8. Global Laser Cutting Machines Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Laser Cutting Machines Market, Regional Market Snapshot
8.4. North America Laser Cutting Machines Market
- 8.4.1. U.S. Laser Cutting Machines Market
  - 8.4.1.1. Technology breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Process breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. End-User breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Laser Cutting Machines Market
8.5. Europe Laser Cutting Machines Market Snapshot
- 8.5.1. U.K. Laser Cutting Machines Market
- 8.5.2. Germany Laser Cutting Machines Market
- 8.5.3. France Laser Cutting Machines Market
- 8.5.4. Spain Laser Cutting Machines Market
- 8.5.5. Italy Laser Cutting Machines Market
- 8.5.6. Rest of Europe Laser Cutting Machines Market
8.6. Asia-Pacific Laser Cutting Machines Market Snapshot
- 8.6.1. China Laser Cutting Machines Market
- 8.6.2. India Laser Cutting Machines Market
- 8.6.3. Japan Laser Cutting Machines Market
- 8.6.4. Australia Laser Cutting Machines Market
- 8.6.5. South Korea Laser Cutting Machines Market
- 8.6.6. Rest of Asia Pacific Laser Cutting Machines Market
8.7. Latin America Laser Cutting Machines Market Snapshot
- 8.7.1. Brazil Laser Cutting Machines Market
- 8.7.2. Mexico Laser Cutting Machines Market
8.8. Middle East & Africa Laser Cutting Machines Market
- 8.8.1. Saudi Arabia Laser Cutting Machines Market
- 8.8.2. South Africa Laser Cutting Machines Market
- 8.8.3. Rest of Middle East & Africa Laser Cutting Machines Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Amada Weld Tech Co. Ltd
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Monport Tech Inc.
- 9.3.3. Bystronic Inc.
- 9.3.4. Coherent Inc.
- 9.3.5. Epilog Lasers Inc.
- 9.3.6. Yamazaki Mazak corporation
- 9.3.7. Jenoptik Laser GmbH
- 9.3.8. Rofin-Sinar Technologies Inc.
- 9.3.9. Trumpf Laser GmbH + Co. Kg
- 9.3.10. Avid Identification Systems, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Laser Cutting Machines Market, report scope
TABLE 2. Global Laser Cutting Machines Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Laser Cutting Machines Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 4. Global Laser Cutting Machines Market estimates & forecasts by Process 2020-2030 (USD Billion)
TABLE 5. Global Laser Cutting Machines Market estimates & forecasts by End-User 2020-2030 (USD Billion)
TABLE 6. Global Laser Cutting Machines Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Laser Cutting Machines Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Laser Cutting Machines Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Laser Cutting Machines Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Laser Cutting Machines Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Laser Cutting Machines Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Laser Cutting Machines Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Laser Cutting Machines Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Laser Cutting Machines Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Laser Cutting Machines Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Laser Cutting Machines Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Laser Cutting Machines Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Laser Cutting Machines Market
TABLE 71. List of primary sources, used in the study of global Laser Cutting Machines Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Laser Cutting Machines Market, research methodology
FIG 2. Global Laser Cutting Machines Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Laser Cutting Machines Market, key trends 2022
FIG 5. Global Laser Cutting Machines Market, growth prospects 2023-2030
FIG 6. Global Laser Cutting Machines Market, porters 5 force model
FIG 7. Global Laser Cutting Machines Market, pest analysis
FIG 8. Global Laser Cutting Machines Market, value chain analysis
FIG 9. Global Laser Cutting Machines Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Laser Cutting Machines Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Laser Cutting Machines Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Laser Cutting Machines Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Laser Cutting Machines Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Laser Cutting Machines Market, regional snapshot 2020 & 2030
FIG 15. North America Laser Cutting Machines Market 2020 & 2030 (USD Billion)
FIG 16. Europe Laser Cutting Machines Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Laser Cutting Machines Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Laser Cutting Machines Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Laser Cutting Machines Market 2020 & 2030 (USD Billion)