Laser Cutting Machine Market

Laser cutting is a technology that uses a laser to cut materials. Laser cutting works by directing the output of a high-power laser most commonly through optics. The laser optics and CNC (computer numerical control) are used to direct the material or the laser beam generated. The laser cutting machines initially casts laser beam on the surface of work piece, melts it and finally evaporates the particular area of work piece using the energy released by laser.

Laser cutting machines used to cut metals and non-metallic materials are all covered in the report.

Laser Cutting Machine Market aims to provide a comprehensive presentation of the global market for Laser Cutting Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laser Cutting Machine. Laser Cutting Machine Market contains market size and forecasts of Laser Cutting Machine in global, including the following market information:

Global Laser Cutting Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Laser Cutting Machine Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Laser Cutting Machine companies in 2022 (%)

The global Laser Cutting Machine market was valued at US$ 4187.8 million in 2022 and is projected to reach US$ 6975.1 million by 2029, at a CAGR of 7.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Laser Cutting Machine key players include Han'S Laser, Trumpf, Mazak, Amada, Bystronic, etc. Global top five manufacturers hold a share over 35%.

Europe is the largest market, with a share over 25%, followed by United States, with a share over 20 percent.

In terms of product, CO2 Laser Cutting Machine is the largest segment, with a share about 60%. And in terms of application, the largest application is Automotive, followed by Machine Industrial, Consumer Electronics, Aerospace and Defense, etc.

We surveyed the Laser Cutting Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Laser Cutting Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Laser Cutting Machine Market Segment Percentages, by Type, 2022 (%)

CO2 Laser Cutting Machine

Fiber Laser Cutting Machine

Others

Global Laser Cutting Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Laser Cutting Machine Market Segment Percentages, by Application, 2022 (%)

Automotive

Aerospace and Defense

Machine Industrial

Consumer Electronics

Others

Global Laser Cutting Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Laser Cutting Machine Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Laser Cutting Machine revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Laser Cutting Machine revenues share in global market, 2022 (%)

Key companies Laser Cutting Machine sales in global market, 2018-2023 (Estimated), (Units)

Key companies Laser Cutting Machine sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Trumpf

Bystronic

Mazak

Amada

Prima Power

Mitsubishi Electric

Trotec

Coherent

LVD

Tanaka

Cincinnati

CTR Lasers

Koike

Spartanics

IPG Photonics

Microlution

Han'S Laser

HG Laser

Chutian Laser

Tianqi Laser

Lead Laser

Boye Laser

Kaitian Laser

HE Laser

Golden Laser

Outline of Major Chapters:

Chapter 1: Introduces the definition of Laser Cutting Machine, market overview.

Chapter 2: Global Laser Cutting Machine market size in revenue and volume.

Chapter 3: Detailed analysis of Laser Cutting Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Laser Cutting Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Laser Cutting Machine capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.