Laser Cutting Machines Market By Laser Source (Gas Lasers, Solid-State Lasers Fiber Lasers), By Type (Flying Optic, Moving Material, Hybrid), By Industry Vertical (Automotive & Aerospace, Machine Tools & Original Equipment Manufacturers (OEMs), Electronics & Semiconductors, Healthcare & Medical Devices, Plastic Processing & Packaging) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2024

Laser cutting machine is an industrial equipment that uses a laser source to cut materials. These equipment operate with the aid of a computer that directs the output power of laser source and design of the job. Laser cutting machines are designed to cut a wide array of materials including metals, glass and other plastic materials with high accuracy and speed. This has led to immense adoption of laser technology in material cutting over the period of time.

The most significant factor fueling the market growth is the ever-rising industrial manufacturing and processing sector worldwide. With the steadily growing manufacturing sector worldwide, the demand for industrial processing equipment (such as laser processing) is projected to remain strong in the coming years. Due to rising competition among the industrial manufacturing companies, it has become essential for the manufacturers to adopt advanced material processing methods that can enable faster and more accurate operation.

Further, laser technology offers high accuracy and speed for various industrial processes as compared to the conventional processing methods such as waterjet, plasma and flame cutting. Moreover, laser cutting is a non-contact process and hence delivers clean and damage free cutting processes. This is another prominent factor increasing penetration of laser technology across different manufacturing processes. Nevertheless, major restraint for the market is high initial costs of these system.

Laser Cutting Machines Market

The report titled “Global Laser Cutting Machines Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2024” offers strategic insights into the global laser systems industry along with the market size and estimates for the duration 2014 to 2024. The said research study covers in-depth analysis of multiple market segments based on laser types, machine types, industry verticals and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2024. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. The report incorporates a separate section highlighting key trends analysis of the overall laser cutting machines market.

In order to help the strategic decision makers, the report also includes profiles of the leading laser cutting machine manufacturers, their business strategies and key developments. The major players profiled in the report are Rofin-Sinar Technologies, Inc., TRUMPF GmbH + Co. KG, Amada Co., Ltd., Coherent, Inc., Universal Laser Systems, Inc., Eurolaser GmbH, Jenoptik Laser GmbH, Han’s Laser Technology Co., Ltd., Epilog Laser, Inc. and Newport Corporation. Further, the report also covers market positioning of the key players operating in the laser cutting machines market. The section further includes a brief on key strategies adopted by the major players operating in the market. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the laser cutting machines industry
  • Market fuelers, market impediments, and their impact on the market growth
    In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global laser cutting machines market, offering market size and estimates for the period from 2016 to 2024, keeping in mind the above mentioned factors.

On the basis of geography, the global laser cutting machines market is segmented as per following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Laser Cutting Machines Market

As of 2015, the global laser cutting machines market is dominated, in terms of revenue, by the Asia Pacific region. The region contributes to a market share of more than one third of the total revenue generated worldwide. The market is majorly governed by countries such as Japan, China, South Korea and India. Additionally, due to presence of large number of manufacturing sectors, the Asia Pacific region is expected to retain its dominant position in the market throughout the forecast period. Europe follows the Asia Pacific region in terms of market revenue. The demand for laser cutting machines is mainly governed by countries such as Germany, France, Russia, the U.K. and other Western Europe countries.

Choose License Type
Published Date:  Feb 2017
Category:  Technology & Media
Report ID:   58346
Report Format:   PDF
Pages:   120
Rating:    4.5 (65)
Connect With Us
+1-408-641-3282
24/7 Research Support