Laser Cutting Machines Market Share

Global Laser Cutting Machines Market Overview

Laser Cutting Machines Market Size was valued at USD 5,152.5 Million in 2022. The Global Laser Cutting Machines industry is projected to grow from USD 5,534.4 Million in 2023 to USD 10,205.3 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 7.0% during the forecast period (2023 - 2032). Increasing adoption of laser cutting machines in automation, growing adoption of laser cutting machines in automotive & consumer electronics industry, and rising technological advancements in the laser cutting machines is driving the Laser Cutting Machines Market.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Laser Cutting Machines Market Trends

• Rising technological advancements in the laser cutting machines and Increasing adoption of laser cutting machines in automation augmenting Laser Cutting Machines market.

The adoption of laser cutting machines in automation has revolutionized the manufacturing industry, offering unparalleled precision, efficiency, and cost-effectiveness. Laser cutting technology utilizes high-powered lasers to cut through various materials, such as metals, plastics, and fabrics, with incredible accuracy. As industries strive to streamline their processes and meet the demands of a fast-paced global market, the integration of laser cutting machines into automated systems has become increasingly popular and advantageous.  One of the primary reasons for the widespread adoption of laser cutting machines in automation is their ability to enhance productivity. These machines can operate continuously, 24/7, with minimal human intervention, leading to increased throughput and reduced production time.

In the automotive industry, laser cutting machines have become indispensable to produce intricate and precisely shaped components. From body panels to chassis parts, laser cutting allows manufacturers to create complex shapes and contours with exceptional accuracy. This level of precision ensures seamless integration and optimal performance of automotive parts, leading to improved vehicle safety and reliability. Moreover, laser cutting reduces material waste and operational costs, making it a cost-effective solution for mass production. The automotive industry has also witnessed a shift towards lightweight materials like aluminum and advanced high-strength steels. Laser cutting machines are well-suited for handling these materials, as they can cut them with high precision and minimal heat-affected zones, preserving material properties. This contributes to the development of lighter, fuel-efficient vehicles that comply with stringent emission standards. In the consumer electronics industry, where miniaturization and sleek designs are paramount, laser cutting has played a pivotal role. Manufacturers can use laser cutting machines to create intricate patterns and perforations in electronic devices, such as smartphones, laptops, and tablets.

Laser Cutting Machines Market Segment Insights

Global Laser Cutting Machines type Insights

Based on type, the global Laser Cutting Machine is segmented into solid state lasers, gas lasers, and semiconductor lasers. The solid state lasers segment dominated the global market in 2022. Solid-state lasers have emerged as the preferred choice for laser cutting machines due to their outstanding performance, reliability, and versatility. These lasers utilize solid-state gain media, such as crystals or glasses doped with rare-earth ions, to produce a highly concentrated and coherent beam of light. The demand for solid-state lasers in laser cutting machines has grown significantly over the years, driven by their unique advantages. One key benefit of solid-state lasers is their efficiency. This efficiency also translates into reduced operating costs and a smaller environmental footprint. Another crucial aspect is the reliability and longevity of solid-state lasers. The absence of moving parts in their construction minimizes wear and tear, resulting in lower maintenance requirements and increased operational stability.

Global Laser Cutting Machines end user Insights

The end user segment of the Laser Cutting Machines Market size includes automotive, consumer electronics, defense & aerospace, industrial, and others. The industrial segment is expected to dominate the market during the forecast period. The automotive category is anticipated to be the fastest growing in the segment. The industrial sector is a prominent end-user of laser cutting machines due to their various applications and benefits. Laser cutting machines have transformed the way materials are processed and have become an integral part of modern industrial manufacturing processes. They offer exceptional accuracy, allowing industrial manufacturers to produce complex shapes and parts with tight tolerances, reducing the need for manual interventions and increasing overall efficiency. One of the key advantages of laser cutting in the industrial setting is its ability to achieve high levels of automation and integration with computer-aided design (CAD) and computer-aided manufacturing (CAM) software.

Figure 1: Laser Cutting Machines Market, by End User, 2022 & 2032 (USD Million)

Global Laser Cutting Machines Application Insights

Based on application, the global Laser Cutting Machine is segmented into fusion cutting, flame cutting, and sublimation cutting. The flame cutting segment dominated the global market in 2022, while the fusion cutting segment is projected to be the fastest–growing segment during the forecast period. Flame cutting, a traditional thermal cutting method, employs a high-temperature jet of oxygen and fuel gas to melt and blow away material, leaving behind a clean-cut edge. It is most commonly used for thicker materials like steel and aluminum. While flame cutting can achieve high cutting speeds and handle thick metal sheets, its precision is not as refined as laser cutting. This is where the concept of integrating flame cutting into laser cutting machines proves ingenious. The application of flame cutting in laser cutting machines allows for a two-step process. In the first step, the flame cutting module rapidly cuts through the thicker sections of the material, significantly reducing the cutting time compared to using laser alone. After the initial rough cuts are made with the flame module, the laser cutting module takes over in the second step to provide the finishing touches with unparalleled precision.

Global Laser Cutting Machines Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia pacific Laser Cutting Machines Market accounted for largest market share in 2022 and is expected to exhibit a significant CAGR growth during the study period. The growing trend towards automation and industry 4.0 in the Asia Pacific has further propelled the demand for laser cutting machines, as they offer enhanced efficiency, reduced human intervention, and seamless integration into smart production systems. The region's flourishing e-commerce sector has also contributed to market growth, as laser cutting machines play a crucial role in creating intricate designs and customizations for packaging and branding purposes also Asia Pacific is the fastest-growing region in the global e-commerce marketplace, accounting for the largest share of the world’s business-to-consumer e-commerce market. Furthermore, the push for sustainable manufacturing practices and the rising awareness about eco-friendly technologies have led to a preference for laser cutting machines over traditional cutting methods.

Figure 2: Laser Cutting Machines Market, by region, 2022 & 2032 (USD Million)

Moreover, North America is the second-largest region in the laser cutting machines market. Key players in this market have been at the front of invention, continuously introducing new and advanced laser cutting machines to meet the changing needs of the market. The development of the laser cutting machine industry in North America has been supported by government initiatives aimed at promoting advanced manufacturing technologies. For example, The US Department of Defense has agreed to pay Bethel Industries, Inc. $15 million to boost crucial industrial capacity for specialized laser cutting of laminated nylon fabrics for troop protective systems. This investment will boost local production capabilities and capacity by installing cutting-tool technology, which will greatly increase the production rate and lower the cost of producing body armour for the warfighter.

Additionally, the Europe laser cutting machines market has grown significantly in recent years. European laser cutting machine manufacturers have consistently strived to push the boundaries of what's possible with laser technology. Europe's focus on sustainability and environmental responsibility has further boosted the laser cutting machine industry's growth. Modern machines prioritize energy efficiency, reducing both operational costs and carbon footprints for end-users. The integration of eco-friendly materials and recycling practices in the manufacturing process aligns with the region's sustainability goals, making European laser cutting machines an attractive choice for environmentally conscious industries seeking greener solutions.

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, France, Italy, UK, Spain, Japan, UAE, South Africa, Saudi Arabia, Argentina, and Brazil.

Global Laser Cutting Machines Key Market Players & Competitive Insights

Many global, regional, and local vendors characterize the Laser Cutting Machines Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The major players in the market include Alpha Laser GMBH, Amada, Bystronic, Coherent, DPSS Laser, Epilog Lasers, Fanuc, IPG Photonics, Jenoptik, Kern Lasers System, and among others. The Laser Cutting Machines Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.

Key Companies in the Laser Cutting Machines Market include.

• Alpha Laser GMBH


• Amada


• Bystronic


• Coherent


• DPSS Laser


• Epilog Lasers


• Fanuc


• IPG Photonics


• Jenoptik


• Kern Lasers System

Global Laser Cutting Machines Industry Developments

• In June 2023, Fanuc launched the new iRVision 3D, a new 3D vision system that is designed to improve the accuracy and efficiency of laser cutting machines.


• In February 2023, Kern Lasers Systems announced the launch of its new KT300 and KT500 CO2 laser cutting machines. These machines offer higher output power and faster cutting speeds than Kern's previous models.


• In April 2022, AMADA announced that it has launched its ENSIS-6225AJ fibre laser cutting machine into the European market. With the ability to process a 6.2m x 2.5m sheet of material, the new machine is available in 6, 9 and 12kW variants, with all powers able to cut up to 25mm mild steel, stainless steel, and aluminium. Many new and proven AMADA technologies are utilised to provide the highest levels of cutting performance to keep customers at the competitive edge.


• In February 2023, Jenoptik announced that it had acquired the American company Kromek, a developer and manufacturer of laser-based gas analyzers. This acquisition will help Jenoptik to expand its product portfolio in the field of environmental monitoring.

Laser Cutting Machines Market Segmentation

Laser Cutting Machines Market Type Outlook (USD Million, 2019 -2032)

• Solid State Lasers


• Gas Lasers


• Semiconductor Lasers

Laser Cutting Machines Market End User Outlook (USD Million, 2019 -2032)

• Automotive


• Consumer Electronics


• Defense & Aerospace


• Industrial


• Others

Laser Cutting Machines Market Application Outlook (USD Million, 2019 -2032)

• Fusion Cutting


• Flame Cutting


• Sublimation Cutting

Global Laser Cutting Machines Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Spain
  
  
  • Italy
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Middle East and Africa
  
  
  
  • Saudi Arabia
  
  
  • UAE
  
  
  • South Africa
  
  
  • Rest of Middle East and Africa
  
  
  
  


• South America
  
  
  
  • Argentina
  
  
  • Brazil
  
  
  • South America