Laser Cutting Machine Market Size, Share, Trends, Growth 2032
Laser Cutting Machine Market By Laser Types (Solid-State Lasers, CO2 Lasers, and Others), By Application (Consumer Electronics & Appliances, Automotive & Transportation, Aerospace, and Other Manufacturing), By Process (Fusion Cutting, Flame Cutting, and Sublimation Cutting), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 7.23 Billion | USD 11.94 Billion | 5.74% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Laser Cutting Machine Market , 2016–2026(USD Billion)
- 2.2. Laser Cutting Machine Market : Snapshot
- Chapter 3. Global Laser Cutting Machine Market – Industry Analysis
- 3.1. Laser Cutting Machine Market : Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Large-scale industrialization and escalating demand for the product across the emerging economies will magnify the business growth.
- 3.2.2. Growing need for precise & exact sizes in aerospace & defense, industrial equipment, and electronics & electrical industries will steer the business growth over the forecast timeline.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Process
- 3.4.2. Market attractiveness analysis By Laser Types
- 3.4.3. Market attractiveness analysis By Application
- Chapter 4. Global Laser Cutting Machine Market – Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Laser Cutting Machine Market : company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Laser Cutting Machine Market –Application Analysis
- 5.1. Global Laser Cutting Machine Market overview: By Application
- 5.1.1. Global Laser Cutting Machine Market share, By Application ,2019 and 2026
- 5.2. Consumer Electronics & Appliances
- 5.2.1. Global Laser Cutting Machine Market by Consumer Electronics & Appliances , 2016–2026(USD Billion)
- 5.3. Automotive & Transportation
- 5.3.1. Global Laser Cutting Machine Market by Automotive & Transportation, 2016–2026(USD Billion)
- 5.4. Aerospace
- 5.4.1. Global Laser Cutting Machine Market by Aerospace, 2016–2026(USD Billion)
- 5.5. Other Manufacturing
- 5.5.1. Global Laser Cutting Machine Market by Other Manufacturing, 2016–2026(USD Billion)
- 5.1. Global Laser Cutting Machine Market overview: By Application
- Chapter 6. Global Laser Cutting Machine Market– Laser Types Analysis
- 6.1. Global Laser Cutting Machine Market overview: By Laser Types
- 6.1.1. Global Laser Cutting Machine Market share, By Laser Types , 2019 and 2026
- 6.2. Sulid-State Lasers
- 6.2.1. Global Laser Cutting Machine Market By Sulid-State Lasers, 2016–2026(USD Billion)
- 6.3. CO2 Lasers
- 6.3.1. Global Laser Cutting Machine Market By CO2 Lasers, 2016–2026(USD Billion)
- 6.4. Others
- 6.4.1. Global Laser Cutting Machine Market By Others, 2016–2026(USD Billion)
- 6.1. Global Laser Cutting Machine Market overview: By Laser Types
- Chapter 7. Global Laser Cutting Machine Market– Process Analysis
- 7.1. Global Laser Cutting Machine Market overview: By Process
- 7.1.1. Global Laser Cutting Machine Market share, By Process, 2019 and 2026
- 7.2. Fusion Cutting
- 7.2.1. Global Laser Cutting Machine Market By Fusion Cutting, 2016–2026(USD Billion)
- 7.3. Flame Cutting
- 7.3.1. Global Laser Cutting Machine Market By Flame Cutting, 2016–2026(USD Billion)
- 7.4. Sublimation Cutting
- 7.4.1. Global Laser Cutting Machine Market By Sublimation Cutting, 2016–2026(USD Billion)
- 7.1. Global Laser Cutting Machine Market overview: By Process
- Chapter 8. Company Profiles
- 8.1. Trumpf GMBH + Co. KG
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. ALPHA Laser GmbH
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Developments
- 8.3. Jenoptik Laser GmbH
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Developments
- 8.4. Coherent Incorporation
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Developments
- 8.5. Bystronic Incorporated
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Development
- 8.6. IPG Photonics Corporation
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Development
- 8.7. Epilog Laser Inc.
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Development
- 8.8. Amada Miyachi Company, Ltd.
- 8.8.1. Overview
- 8.8.2. Financials
- 8.8.3. Product Portfolio
- 8.8.4. Business Strategy
- 8.8.5. Recent Development
- 8.1. Trumpf GMBH + Co. KG
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Laser Cutting Machine Market , 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Laser Cutting Machine Market attractiveness, By Process
6. Global Laser Cutting Machine Market attractiveness, By Laser Types
7. Global Laser Cutting Machine Market attractiveness, By Application
8. Global Laser Cutting Machine Market share, By Application , 2019 and 2026 (USD Billion)
9. Global Laser Cutting Machine Market by Consumer Electronics & Appliances , 2016–2026(USD Billion)
10. Global Laser Cutting Machine Market by Automotive & Transportation,2016–2026(USD Billion)
11. Global Laser Cutting Machine Market by Aerospace,2016–2026(USD Billion)
12. Global Laser Cutting Machine Market by Other Manufacturing,2016–2026(USD Billion)
13. Global Laser Cutting Machine Market share by Laser Types ,2019 and 2026 (USD Billion)
14. Global Laser Cutting Machine Market by Solid-State Lasers, 2016–2026(USD Billion)
15. Global Laser Cutting Machine Market by CO2 Lasers, 2016–2026(USD Billion)
16. Global Laser Cutting Machine Market by Others, 2016–2026(USD Billion)
17. Global Laser Cutting Machine Market share by Process,2019 and 2026 (USD Billion)
18. Global Laser Cutting Machine Market by Fusion Cutting,2016–2026(USD Billion)
19. Global Laser Cutting Machine Market by , Flame Cutting,2016–2026(USD Billion)
20. Global Laser Cutting Machine Market by Sublimation Cutting,2016–2026(USD Billion)
21. Global Laser Cutting Machine Market share, by Region, 2019 and 2026
22. North America Laser Cutting Machine Market , 2016–2026(USD Billion)
23. Europe Laser Cutting Machine Market , 2016–2026(USD Billion)
24. Asia Pacific Laser Cutting Machine Market , 2016–2026(USD Billion)
25. Latin America Laser Cutting Machine Market , 2016–2026(USD Billion)
26. The Middle East and Africa Laser Cutting Machine Market , 2016–2026(USD Billion)
Table Of Tables
List of Tables
1. Global Laser Cutting Machine Market : snapshot
2. Drivers of the Laser Cutting Machine Market : impact analysis
3. North America Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
4. North America Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
5. North America Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
6. The U.S. Laser Cutting Machine Market revenue, By Process , 2016–2026(USD Billion)
7. The U.S. Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
8. The U.S. Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
9. Rest of North America Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
10. Rest of North America Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
11. Rest of North America Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
12. Europe Laser Cutting Machine Market revenue, By Process , 2016–2026(USD Billion)
13. Europe Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
14. Europe Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
15. UK Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
16. UK Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
17. UK Laser Cutting Machine Market revenue, By Application, 2016–2026(USD Billion)
18. France Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
19. France Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
20. France Laser Cutting Machine Market revenue, By Application, 2016–2026(USD Billion)
21. Germany Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
22. Germany Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
23. Germany Laser Cutting Machine Market revenue, By Application, 2016–2026(USD Billion)
24. Rest of Europe Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
25. Rest of Europe Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
26. Rest of Europe Laser Cutting Machine Market revenue, By Application, 2016–2026(USD Billion)
27. Asia Pacific Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
28. Asia Pacific Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
29. Asia Pacific Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
30. China Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
31. China Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
32. China Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
33. Japan Laser Cutting Machine Market revenue, By Process , 2016–2026(USD Billion)
34. Japan Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
35. Japan Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
36. India Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
37. India Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
38. India Laser Cutting Machine Market revenue, By Application, 2016–2026(USD Billion)
39. Rest of Asia Pacific Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
40. Rest of Asia Pacific Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
41. Rest of Asia Pacific Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
42. Latin America Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
43. Latin America Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
44. Latin America Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
45. Brazil Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
46. Brazil Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
47. Brazil Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
48. Rest of Latin America Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
49. Rest of Latin America Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
50. Rest of Latin America Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
51. The Middle East and Africa Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
52. The Middle East and Africa Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
53. The Middle East and Africa Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
54. Saudi Arabia Laser Cutting Machine Market revenue, By Process , 2016–2026(USD Billion)
55. Saudi Arabia Laser Cutting Machine Market revenue, By Laser Types , 2016–2026(USD Billion)
56. Saudi Arabia Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
57. South Africa Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
58. South Africa Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
59. South Africa Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
60. Rest of the Middle East & Africa Laser Cutting Machine Market revenue, By Process ,2016–2026(USD Billion)
61. Rest of the Middle East & Africa Laser Cutting Machine Market revenue, By Laser Types ,2016–2026(USD Billion)
62. Rest of the Middle East & Africa Laser Cutting Machine Market revenue, By Application , 2016–2026(USD Billion)
Methodology
FrequentlyAsked Questions
A laser cutting machine is a manufacturing instrument that employs a high-powered laser beam to precisely cut, engrave, or etch materials. The procedure entails the direction of a laser beam onto the material, which results in the material being either melted, burned, or vaporized, thereby generating a precise and clean cut. A wide range of industries, such as aerospace, automotive, manufacturing, and fashion, employ laser cutting.
The demand for precise and efficient cutting solutions is on the rise as industries such as automotive, aerospace, electronics, and metal fabrication continue to expand. Advanced cutting technologies that can accommodate distinctive designs and specifications are required due to the trend toward customized products.
Zion Market Research has published a report on the global Laser Cutting Machine Market, estimating its value at USD 7.23 Billion in 2023, with projections indicating that it will reach USD 11.94 Billion by 2032.
The market is expected to expand at a compound annual growth rate (CAGR) of 5.74% over the forecast period 2024-2032.
The growth of the laser cutting machine business in North America during the forecast timeline is owing to strong presence of manufacturing sector. Countries like the U.S. are likely to be the key revenue contributors of the region over the forecast timeline.
Key players influencing the market growth include Bystronic Incorporated, Epilog Laser Inc., Trumpf GMBH + Co. KG, ALPHA Laser GmbH, IPG Photonics Corporation, Jenoptik Laser GmbH, Coherent Incorporation, and Amada Miyachi Company, Ltd.
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