PUBLISHER: Market Research Future | PRODUCT CODE: 1413728
PUBLISHER: Market Research Future | PRODUCT CODE: 1413728
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.
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.
The key players include Trumpf, Bystronic, Amada, Mazak Optonics, Trotec Laser, Kern Laser Systems, Esprit Automation, Nukon Lasers, CTR Lasers, and Epilog Laser.
TABLE OF CONTENTS
THE RAPID ADOPTION OF LASER CUTTING MACHINES IN EMERGING ECONOMIES 23
INNOVATIVE PRODUCTS WILL BOOST MARKET GROWTH 24
OUTPUT CAPACITY AND ACCURACY 26