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.
This report contains market size and forecasts of Laser Cutting Machine in global, including the following market information:
Global Laser Cutting Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Laser Cutting Machine Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Laser Cutting Machine companies in 2021 (%)
The global Laser Cutting Machine market was valued at 4187.8 million in 2021 and is projected to reach US$ 6975.1 million by 2028, at a CAGR of 7.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
CO2 Laser Cutting Machine Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Laser Cutting Machine include Trumpf, Bystronic, Mazak, Amada, Prima Power, Mitsubishi Electric, Trotec, Coherent and LVD, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Cutting Machine Market Segment Percentages, by Type, 2021 (%)
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
Others
Global Laser Cutting Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Cutting Machine Market Segment Percentages, by Application, 2021 (%)
Automotive
Aerospace and Defense
Machine Industrial
Consumer Electronics
Others
Global Laser Cutting Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Laser Cutting Machine Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (Estimated), ($ millions)
Key companies Laser Cutting Machine revenues share in global market, 2021 (%)
Key companies Laser Cutting Machine sales in global market, 2017-2022 (Estimated), (Units)
Key companies Laser Cutting Machine sales share in global market, 2021 (%)
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