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The global laser cutting machine market size was estimated at USD 3.7 billion in 2019 and is expected to reach USD 6.1 billion by 2027, growing with a CAGR of 4.7% over the forecasted period of 2021 to 2027. Laser cutting a technology which uses a laser to slice materials. It is typically used in production applications and also by small businesses. Laser cutting machine is one of the most widely manufacturing process across the globe. Laser cutting machine is wide used in semiconductors, electronics, and medical sectors and aerospace sectors, including e-mobility. The laser cutting machine provides a new level of reliability and quality in the manufacturing process. 

Laser cutting shows certain advantages over plasma cutting as this process is more specific and consumes less energy while cutting aluminum and steel sheets. 

Moreover, recently developed fiber laser machines like 7Kw machine are now moving towards plasma machines to cut thick materials. Moreover, the edge quality and precision levels achieved with laser cutting machines are better than traditional cutting methods owing to technological advancement in the laser cutting machine. The rising trend of automation in the manufacturing sector and the increasing demand for the end-use industry are projected to boost these machines' demand over the forecast period. Improvement in edge squareness, accuracy and heat input control means that laser procedure is replacing other cutting techniques like oxy-fuel and plasma. There are diversified state of the art laser machines on the cutting purposes which can be utilized for cutting woods, metals and engineered woods. Moreover, laser cutting technology also helps in cutting complex shaped without the need for tooling and faster or similar speed than other cutting methods, which also boost the growth of the laser cutting machine market. 

The big players are focusing on decreasing these machines' price and tools due to the great competition among the vendors. A vast number of producers have made to accept the pricing strategy to decrease the cost and gain a good market share. However, the high cost involved in implementing these devices is restricting the growth of the market. Moreover, customers do not know about these machines and need technical expertise, which is the big challenge for the stakeholders. 

The high-power laser welding systems are also experiencing great growth in the industry as well as in R&D labs. Their number is continuously raising in both sectors owing to the government pushing for new innovative technology that is needed by industry. This market is set to expand more than double in the upcoming years and will continue to grow further. The leading players for high-power welding still are European Companies like IPG Photonics, Coherent, Laserline, Amada, TRUMPF and other various integrators. However, Indian integrators like Scantech Laser (Mumbai), Suresh Indu Laser (Pune), Sahajanand Laser Technology (Ahmedabad), and other are providing laser welding solutions by using lasers from IPG Photonics, Coherent and other companies. 

Regional Insights:  

North America holds the major market share and it is expected to retain its dominance during the forecast period. The raising globalization has led to great demand among customers for final products to the low level. Moreover, the end-use segment is widely accepting these machines to manufacture good quality of products in less time. Moreover, the rising trend of automation in this region makes producer automate various processes, including laser cutting. 

Market Insights:  

Technology Insights 

The laser cutting machine market is segmented into solid state, gas, and semiconductor by technology analysis. The gas segment holds the major market share and it is expected to retain its dominance during the forecast period. Raising demand for improved equipment and machining tools is boosting the adopting of these lasers. 

Process

Based on process, the laser cutting machine market is divided into fusion, flame, and sublimation. The flame segment is projected to dominate global market. The flame based process provides a high quality, improved finish and high cutting speed when compared to other procedures. Moreover, rising demand for trimming small alloys of steel and carbon is expected to raise the flames-based process's revenue.

Application

On the basis of process, the laser cutting machine market is divided into consumer electronics defense and aerospaceThe consumer electronic is expected to dominate the market owing to in its raising increasing electronics productsMoreover, these lasers are widely used for cutting and welding in consumer electronics and other consumer products. Laser based machines are mostly used to cut printed circuit boards, and other products. Furthermore, the less life of these devices is projected to raise the machines' requirement over the forecast period. 

Key Companies Profiled 

The global laser cutting machine market is characterized by the presence of various small and big players. The major market player includes Kern Laser Systems, Jenoptik Laser GmbH, Amada Miyachi Co. Ltd., Rofin-Sinar Technologies Inc., and Trumpf Laser GmbH + Co. KG. As the market is competitive in nature, the players indulge in raising their competitive share through strategic initiatives like mergers, new product and acquisitions.

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary
2. Growth Products & Issues in Global Laser Cutting Machines Market
3. Global Laser Cutting Machines Market Trends
4. Opportunities in Global Laser Cutting Machines Market
5. Recent Industry Activities, 2019
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Laser Cutting Machines Market Value (USD Million), 2019-2025

10. Global Laser Cutting Machines Market Segmentation Analysis, By Laser Type
10.1. Introduction
10.2. Market Attractiveness, By Laser Type
10.3. BPS Analysis, By Laser Type
10.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
10.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

11. Global Laser Cutting Machines Market Segmentation Analysis, By Cutting Axis
11.1. Introduction
11.2. Market Attractiveness, By By Cutting Axis
11.3. BPS Analysis, By Cutting Axis
11.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
11.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

12. Global Laser Cutting Machines Market Segmentation Analysis, By Process
12.1. Introduction
12.2. Market Attractiveness, By Process
12.3. BPS Analysis, By Process
12.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
12.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

13. Global Laser Cutting Machines Market Segmentation Analysis, By Application
13.1. Introduction
13.2. Market Attractiveness, By Application
13.3. BPS Analysis, Application
13.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
13.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
13.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
13.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

14. Geographical Analysis
14.1. Introduction
14.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.1. By Laser Type
14.2.1.1. Introduction
14.2.1.2. Market Attractiveness, By Laser Type
14.2.1.3. BPS Analysis, By Laser Type
14.2.1.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.1.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.1.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.2. By Cutting Axis
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By Cutting Axis
14.2.2.3. BPS Analysis, By Cutting Axis
14.2.2.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.2.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.3. By Process
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Process
14.2.3.3. BPS Analysis, By Process
14.2.3.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.3.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.3.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.4. By Application
14.2.4.1. Introduction
14.2.4.2. Market Attractiveness, By Application
14.2.4.3. BPS Analysis, By Application
14.2.4.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.4.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.4.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.4.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.5. By Country
14.2.5.1. Market Attractiveness, By Country
14.2.5.2. BPS Analysis, By Country
14.2.5.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.2.5.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

14.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.1. By Laser Type
14.3.1.1. Introduction
14.3.1.2. Market Attractiveness, By Laser Type
14.3.1.3. BPS Analysis, By Laser Type
14.3.1.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.1.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.1.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.2. By Cutting Axis
14.3.2.1. Introduction
14.3.2.2. Market Attractiveness, By Cutting Axis
14.3.2.3. BPS Analysis, By Cutting Axis
14.3.2.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.2.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.3. By Process
14.3.3.1. Introduction
14.3.3.2. Market Attractiveness, By Process
14.3.3.3. BPS Analysis, By Process
14.3.3.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.3.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.3.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.4. By Application
14.3.4.1. Introduction
14.3.4.2. Market Attractiveness, By Application
14.3.4.3. BPS Analysis, By Application
14.3.4.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.4.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.4.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.4.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5. By Country
14.3.5.1. Market Attractiveness, By Country
14.3.5.2. BPS Analysis, By Country
14.3.5.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.3.5.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

14.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.1. By Laser Type
14.4.1.1. Introduction
14.4.1.2. Market Attractiveness, By Laser Type
14.4.1.3. BPS Analysis, By Laser Type
14.4.1.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.1.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.1.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.2. By Cutting Axis
14.4.2.1. Introduction
14.4.2.2. Market Attractiveness, By Cutting Axis
14.4.2.3. BPS Analysis, By Cutting Axis
14.4.2.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.2.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.3. By Process
14.4.3.1. Introduction
14.4.3.2. Market Attractiveness, By Process
14.4.3.3. BPS Analysis, By Process
14.4.3.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.3.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.3.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.4. By Application
14.4.4.1. Introduction
14.4.4.2. Market Attractiveness, By Application
14.4.4.3. BPS Analysis, By Application
14.4.4.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.4.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.4.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.4.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5. By Country
14.4.5.1. Market Attractiveness, By Country
14.4.5.2. BPS Analysis, By Country
14.4.5.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.4.5.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

14.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.1. By Laser Type
14.5.1.1. Introduction
14.5.1.2. Market Attractiveness, By Laser Type
14.5.1.3. BPS Analysis, By Laser Type
14.5.1.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.1.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.1.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.2. By Cutting Axis
14.5.2.1. Introduction
14.5.2.2. Market Attractiveness, By Cutting Axis
14.5.2.3. BPS Analysis, By Cutting Axis
14.5.2.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.2.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.3. By Process
14.5.3.1. Introduction
14.5.3.2. Market Attractiveness, By Process
14.5.3.3. BPS Analysis, By Process
14.5.3.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.3.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.3.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.4. By Application
14.5.4.1. Introduction
14.5.4.2. Market Attractiveness, By Application
14.5.4.3. BPS Analysis, By Application
14.5.4.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.4.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.4.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.4.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.5. By Country
14.5.5.1. Market Attractiveness, By Country
14.5.5.2. BPS Analysis, By Country
14.5.5.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.5.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.5.5.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

14.6. Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.1. By Laser Type
14.6.1.1. Introduction
14.6.1.2. Market Attractiveness, By Laser Type
14.6.1.3. BPS Analysis, By Laser Type
14.6.1.4. Crystal lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.1.5. Gas lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.1.6. Fiber lasers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.2. By Cutting Axis
14.6.2.1. Introduction
14.6.2.2. Market Attractiveness, By Cutting Axis
14.6.2.3. BPS Analysis, By Cutting Axis
14.6.2.4. 2D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.2.5. 3D Laser Cutting Machine Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.3. By Process
14.6.3.1. Introduction
14.6.3.2. Market Attractiveness, By Process
14.6.3.3. BPS Analysis, By Process
14.6.3.4. Flame cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.3.5. Fusion cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.3.6. Sublimation cutting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.4. By Application
14.6.4.1. Introduction
14.6.4.2. Market Attractiveness, By Application
14.6.4.3. BPS Analysis, By Application
14.6.4.4. Automotive Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.4.5. Consumers Electronics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.4.6. Defense & Aerospace Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.4.7. Other Manufacturing Industries Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.5. By Geography
14.6.5.1. Market Attractiveness, By Geography
14.6.5.2. BPS Analysis, By Geography
14.6.5.3. GCC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.5.4. North Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.5.5. South Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025
14.6.5.6. Rest of Middle East & Africa Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2019-2025

15. Competitive Landscape
15.1. Market Share of Key Players
15.2. Market Positioning of Major Players in Global Laser Cutting Machines Market
15.3. Company Profiles*
15.3.1. TRUMPF
15.3.2. TTM Laser SPA
15.3.3. Coherent Incorporation
15.3.4. Jenoptik Laser GmbH
15.3.5. ALPHA Laser GmbH
15.3.6. Bystronic Incorporated
15.3.7. Epilog Laser Inc.
15.3.8. IPG Photonics Corporation
15.3.9. Trumpf GMBH + Co. KG
15.3.10. Trotec Laser GmbH
15.3.11. Other Prominent Players

*(includes company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key Distribution Channel, marketing and distribution strategies, new product development, recent news & acquisition, expansion, Vertical development, research & development expansion and other market activities.)

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