Laser Cutting Machines Market Research Report - Global Forecast 2027

Laser Cutting Machines Market Information Report, By Technology (Solid State Lasers, Gas Lasers, Semiconductor Lasers), Process (Flame Cutting, Fusion Cutting, Sublimation), End User (Automotive, Consumer Electronics, Defense and Aerospace, Industrial and Others) and Region - Global Forecast To 2027

ID: MRFR/IA - E/5429-HCR | February, 2021 | Region : Global

Laser Cutting Machines Market Synopsis


Laser cutting machines market is expected to grow at a CAGR of ~9% during the forecast period.


Geographically, the global laser cutting machines market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. North America region has accounted for the largest market share, in 2016, followed by and Asia Pacific Europe. Increasing demand for automobiles is driving the growth of the market in North America region. U.S. is the largest contributor in global as well as North America laser cutting machines market. Strong development in the industrial sectors in the US, is anticipated to fuel the demand for market in the region. Additionally, consumer preference for better advanced vehicles and various metal cutting  machines also have the positive influence on the growth of the market. Asia-Pacific is the second-largest market for laser cutting machine.


Key Players:


The prominent players in the wooden Floor market include Coherent Inc.(US), Jenoptik Laser GmbH(Germany), ,Bystronic Incorporated(US),Epilog Laser Inc.(US),IPG Photonics Corporation(US), Trumpf GMBH (Germany),Amada Miyachi Inc (US),  MKS Instruments(US), LancerFab Tech Pvt. Ltd(India).,Jiangsu Dajin Laser Science and Technology Co.,Ltd.(China),Alpha Laser (US), Xenetech(US), Universal Laser Systems(US),Trotec Lasers(US), Han's Laser Smart Equipment Group Co., Ltd(China).


North America is expected to grow at a highest CAGR during the forecast period. Rapidly growing automations in manufacturing industries in the region driving the demand of the market. Growing sales of consumer electronics in the region driving the growth of the market.  Additionally, growing aerospace manufacturing also using laser cutting machines   is also expected to provide a lucrative opportunity for market growth. In rest of the world, Asia-Pacific is expected to contribute significantly during the forecast period mainly due to changing lifestyle and high growth in automobiles sales.


For the purpose of this study, the global laser cutting machines market has been divided into three segments such as by technology, process and by end user. On the basis of technology, the market has been segmented as solid-state lasers, gas lasers and semi-conductor lasers. Among the technology, solid state lasers account the largest market share. Solid state lasers used for medical applications. Diode-pumped solid-state lasers gives a better beam quality and an ever-increasing degree of processing flexibility. On the basis of process, the market has been segmented as Fusion Cutting, Flame cutting and Sublimation cutting.


On the basis of end user, the market has been segmented as automotive, consumer electronics, defence and aerospace, industrial and others. Automotive sector dominates the end user segment of the market and is expected to grow at a highest CAGR during the forecast period. Rise in demand for automobiles, attributed to changing consumer lifestyle and increased consumer income. Moreover, owing to growing demand across the electronics industry fuels the demand of the market in end user segment. Defence and aerospace are expected to contribute significantly during the forecast period mainly due to increase in space  research projects. Laser cutting is used majorly at workshops and manufacturing plants for various industries for giving more output in less amount of time.


The report for global laser cutting machines market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining power of buyers

3.1.3. Threat of substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Laser Cutting Machines Market, By Technology

5.1. Introduction

5.2. Solid State Lasers

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast by Region, 2020-2027

5.3. Gas Lasers

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast by Region, 2020-2027

5.4. Semiconductor Lasers

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast by Region, 2020-2027

6. Global Laser Cutting Machines Market, By Process

6.1. Introduction

6.2. Fusion cutting

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast by Region, 2020-2027

6.3. Flame cutting

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast by Region, 2020-2027

6.4. Sublimation cutting

6.4.1. Market Estimates & Forecast, 2020-2027

6.4.2. Market Estimates & Forecast by Region, 2020-2027

7. Global Laser Cutting Machines Market, By End-User

7.1. Introduction

7.2. Automotive

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast by Region, 2020-2027

7.3. Consumer electronics

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast by Region, 2020-2027

7.4. Defence and aerospace

7.4.1. Market Estimates & Forecast, 2020-2027

7.4.2. Market Estimates & Forecast by Region, 2020-2027

7.5. Industrial

7.5.1. Market Estimates & Forecast, 2020-2027

7.5.2. Market Estimates & Forecast by Region, 2020-2027

7.6. Others

7.6.1. Market Estimates & Forecast, 2020-2027

7.6.2. Market Estimates & Forecast by Region, 2020-2027

8. Global Laser Cutting Machines Market, By Region

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast by Technology, 2020-2027

8.2.3. Market Estimates & Forecast by Process, 2020-2027

8.2.4. Market Estimates & Forecast by End-user, 2020-2027

8.2.5. Market Estimates & Forecast by Vehicle Type, 2020-2027

8.2.6. U.S.

8.2.6.1. Market Estimates & Forecast, 2020-2027

8.2.6.2. Market Estimates & Forecast by Technology, 2020-2027

8.2.6.3. Market Estimates & Forecast by Process, 2020-2027

8.2.6.4. Market Estimates & Forecast by End-user, 2020-2027

8.2.7. Canada

8.2.7.1. Market Estimates & Forecast, 2020-2027

8.2.7.2. Market Estimates & Forecast by Technology, 2020-2027

8.2.7.3. Market Estimates & Forecast by Process, 2020-2027

8.2.7.4. Market Estimates & Forecast by End-user, 2020-2027

8.3. Europe

8.3.1. Market Estimates & Forecast, 2020-2027

8.3.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.3. Market Estimates & Forecast by Process, 2020-2027

8.3.4. Market Estimates & Forecast by End-user, 2020-2027

8.3.5. U.K.

8.3.5.1. Market Estimates & Forecast, 2020-2027

8.3.5.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.5.3. Market Estimates & Forecast by Process, 2020-2027

8.3.5.4. Market Estimates & Forecast by End-user, 2020-2027

8.3.6. Germany

8.3.6.1. Market Estimates & Forecast, 2020-2027

8.3.6.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.6.3. Market Estimates & Forecast by Process, 2020-2027

8.3.6.4. Market Estimates & Forecast by End-user, 2020-2027

8.3.7. France

8.3.7.1. Market Estimates & Forecast, 2020-2027

8.3.7.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.7.3. Market Estimates & Forecast by Process, 2020-2027

8.3.7.4. Market Estimates & Forecast by End-user, 2020-2027

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, 2020-2027

8.3.8.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.8.3. Market Estimates & Forecast by Process, 2020-2027

8.3.8.4. Market Estimates & Forecast by End-user, 2020-2027

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, 2020-2027

8.3.9.2. Market Estimates & Forecast by Technology, 2020-2027

8.3.9.3. Market Estimates & Forecast by Process, 2020-2027

8.3.9.4. Market Estimates & Forecast by End-user, 2020-2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, 2020-2027

8.4.2. Market Estimates & Forecast by Technology, 2020-2027

8.4.3. Market Estimates & Forecast by Process, 2020-2027

8.4.4. Market Estimates & Forecast by End-user, 2020-2027

8.4.5. China

8.4.5.1. Market Estimates & Forecast, 2020-2027

8.4.5.2. Market Estimates & Forecast by Technology, 2020-2027

8.4.5.3. Market Estimates & Forecast by Process, 2020-2027

8.4.5.4. Market Estimates & Forecast by End-user, 2020-2027

8.4.6. Japan

8.4.6.1. Market Estimates & Forecast, 2020-2027

8.4.6.2. Market Estimates & Forecast by Technology, 2020-2027

8.4.6.3. Market Estimates & Forecast by Process, 2020-2027

8.4.6.4. Market Estimates & Forecast by End-user, 2020-2027

8.4.7. India

8.4.7.1. Market Estimates & Forecast, 2020-2027

8.4.7.2. Market Estimates & Forecast by Technology, 2020-2027

8.4.7.3. Market Estimates & Forecast by Process, 2020-2027

8.4.7.4. Market Estimates & Forecast by End-user 2020-2027

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, 2020-2027

8.4.8.2. Market Estimates & Forecast by Technology, 2020-2027

8.4.8.3. Market Estimates & Forecast by Process, 2020-2027

8.4.8.4. Market Estimates & Forecast by End-user, 2020-2027

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, 2020-2027

8.5.2. Market Estimates & Forecast by Technology, 2020-2027

8.5.3. Market Estimates & Forecast by Process, 2020-2027

8.5.4. Market Estimates & Forecast by End-user, 2020-2027

9. Competitive Landscape

10. Company Profile

10.1. Coherent, Inc.(US)

10.1.1. Company Overview

10.1.2. Products/Services Offering

10.1.3. Financial Overview

10.1.4. Key Developments

10.1.5. Strategy

10.1.6. SWOT Analysis

10.2. Jenoptik Laser GmbH(Germany)

10.2.1. Company Overview

10.2.2. Products/Services Offering

10.2.3. Financial Overview

10.2.4. Key Developments

10.2.5. Strategy

10.2.6. SWOT Analysis

10.3. Bystronic Incorporated(US)

10.3.1. Company Overview

10.3.2. Products/Services Offering

10.3.3. Financial Overview

10.3.4. Key Developments

10.3.5. Strategy

10.3.6. SWOT Analysis

10.4. Epilog Laser Inc.(US)

10.4.1. Company Overview

10.4.2. Products/Services Offering

10.4.3. Financial Overview

10.4.4. Key Developments

10.4.5. Strategy

10.4.6. SWOT Analysis

10.5. IPG Photonics Corporation(US)

10.5.1. Company Overview

10.5.2. Products/Services Offering

10.5.3. Financial Overview

10.5.4. Key Developments

10.5.5. Strategy

10.5.6. SWOT Analysis

10.6. Trumpf GMBH (Germany)

10.6.1. Company Overview

10.6.2. Products/Services Offering

10.6.3. Financial Overview

10.6.4. Key Developments

10.6.5. Strategy

10.6.6. SWOT Analysis

10.7. Amada Miyachi Inc (US)

10.7.1. Company Overview

10.7.2. Products/Services Offering

10.7.3. Financial Overview

10.7.4. Key Developments

10.7.5. Strategy

10.7.6. SWOT Analysis

10.8. MKS Instruments(US)

10.8.1. Company Overview

10.8.2. Products/Services Offering

10.8.3. Financial Overview

10.8.4. Key Developments

10.8.5. Strategy

10.8.6. SWOT Analysis

10.9. LancerFab Tech Pvt. Ltd(India)

10.9.1. Company Overview

10.9.2. Products/Services Offering

10.9.3. Financial Overview

10.9.4. Key Developments

10.9.5. Strategy

10.9.6. SWOT Analysis

10.10. Jiangsu Dajin Laser Science and Technology Co.,Ltd.(China)

10.10.1. Company Overview

10.10.2. Products/Services Offering

10.10.3. Financial Overview

10.10.4. Key Developments

10.10.5. Strategy

10.10.6. SWOT Analysis

10.11. Alpha Laser (US)

10.11.1. Company Overview

10.11.2. Products/Services Offering

10.11.3. Financial Overview

10.11.4. Key Developments

10.11.5. Strategy

10.11.6. SWOT Analysis

10.12. Xenetech(US)

10.12.1. Company Overview

10.12.2. Products/Services Offering

10.12.3. Financial Overview

10.12.4. Key Developments

10.12.5. Strategy

10.12.6. SWOT Analysis

10.13. Universal Laser Systems(US)

10.13.1. Company Overview

10.13.2. Products/Services Offering

10.13.3. Financial Overview

10.13.4. Key Developments

10.13.5. Strategy

10.13.6. SWOT Analysis

10.14. Trotec Lasers(US)

10.14.1. Company Overview

10.14.2. Products/Services Offering

10.14.3. Financial Overview

10.14.4. Key Developments

10.14.5. Strategy

10.14.6. SWOT Analysis

10.15. Han's Laser Smart Equipment Group Co., Ltd(China)

10.15.1. Company Overview

10.15.2. Products/Services Offering

10.15.3. Financial Overview

10.15.4. Key Developments

10.15.5. Strategy

10.15.6. SWOT Analysis