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Global 3D Laser Cutting Machine Market 2017-2021

Global 3D Laser Cutting Machine Market 2017-2021

About 3D Laser Cutting Machine

3D laser cutting machines use a high-power laser beam to vaporize or melt the material to give it the required profile. These machines usually run on a computer numeric control (CNC)-operated cutting automation system. Laser cutting minimizes the operation time significantly when compared with manual cutting processes. 3D laser cutting machines are also extremely precise and provide a very smooth cutting finish, thereby eliminating the need for any further surface finishing operations.

Technavio’s analysts forecast the global 3d laser cutting machine market to grow at a CAGR of 5.32% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global 3d laser cutting machine market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global 3D Laser Cutting Machine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Coherent
  • IPG Photonics
  • Jenoptik
  • Mazak Optonics
  • Prima Industrie
  • TRUMPF
Other prominent vendors
  • BLM GROUP
  • BODOR
  • DMG MORI
  • Foshan Beyond Laser
  • PENTA LASER Technology Industry Group
  • Han's Laser Technology Industry Group
  • Komatsu Industries
  • Mitsubishi Electric
  • Wuhan Farley Laserlab Cutting Welding System Engineering
Market driver
  • Growth in global automotive industry
  • For a full, detailed list, view our report
Market challenge
  • High cost of 3D laser cutting machines
  • For a full, detailed list, view our report
Market trend
  • Growing use of fiber lasers in thin-sheet and micro-cutting applications
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global 3D Laser Cutting Machine Market 2017-2021

Technavio recognizes the following companies as the key players in the global 3d laser cutting machine market: Coherent, IPG Photonics, Jenoptik, Mazak Optonics, Prima Industrie, and TRUMPF.

Other Prominent Vendors in the market are: BLM GROUP, BODOR, DMG MORI, Foshan Beyond Laser, PENTA LASER Technology Industry Group, Han's Laser Technology Industry Group, Komatsu Industries, Mitsubishi Electric, and Wuhan Farley Laserlab Cutting Welding System Engineering.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing use of fiber lasers in thin-sheet and micro-cutting applications. The adoption of fiber lasers has been steadily growing in several applications due to their distinct advantages when compared with gas or other solid-state lasers. The majority of laser cutting machines sold in the future are expected to incorporate fiber lasers.”

According to the report, one driver in the market is growth in global automotive industry. 3D laser cutting machines are used to cut complex vehicle body components in the automotive industry. The conventional method of cutting these parts is to mark the part to be cut, and then use a plasma cutter manually for the cutting operation. The high speed and accuracy of 3D metal cutting machines enable automotive manufacturers to mass produce such parts at a fraction of the cost and time with those in manual production.

Further, the report states that one challenge in the market is high cost of 3D laser cutting machines. The high cost of 3D laser cutting machines is one of the biggest challenges of the market. A single 3D cutting machine can cost anywhere from a hundred thousand dollars to more than a million dollars, depending on the design and technology. Small- and medium-sized companies cannot afford this excessive cost to procure capital goods. Only large corporations with considerable manufacturing capacity usually invest in such technologies.

Companies Mentioned

Coherent, IPG Photonics, Jenoptik, Mazak Optonics, Prima Industrie, TRUMPF, BLM GROUP, BODOR, DMG MORI, Foshan Beyond Laser, PENTA LASER Technology Industry Group, Han's Laser Technology Industry Group, Komatsu Industries, Mitsubishi Electric, and Wuhan Farley Laserlab Cutting Welding System Engineering.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global 3D laser cutting machine market 2017-2021
    • Market size and forecast
      • Table Global 3D laser cutting machine market 2017-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Market overview
      • Table Global 3D laser cutting machine market by technology 2016 and 2021
    • Global 3D fiber laser cutting machine market
      • Table Global 3D fiber laser cutting machine market 2016-2021 ($ millions)
    • Global 3D CO2 laser cutting machine market
      • Table Global 3D CO2 laser cutting machine market 2016-2021 ($ millions)
    • Global 3D solid-state laser cutting machine market
      • Table Global 3D solid-state laser cutting machine market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global 3D laser cutting machine market by geography 2016 and 2021
    • 3D laser cutting machine market in APAC
      • Table 3D laser cutting machine market in APAC ($ millions)
      • Table Vehicle production growth in top four APAC countries 2012-2016 (%)
    • 3D laser cutting machine market in EMEA
      • Table 3D laser cutting machine market in EMEA ($ millions)
    • 3D laser cutting machine market in Americas
      • Table 3D laser cutting machine market in Americas ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Export growth YoY in China as share of GDP 2010-2016
  • Market trends
    • Growing use of fiber lasers in thin-sheet and micro-cutting applications
    • Vertical integration by laser system manufacturers
    • Growing industrialization in Asian countries
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Coherent
      • Table Coherent: Product portfolio
      • Table Coherent: Key news
    • IPG Photonics
      • Table IPG Photonics: Product portfolio
      • Table IPG Photonics: Key news
    • Jenoptik
      • Table Jenoptik: Product portfolio
      • Table Jenoptik: Key news
    • Mazak Optonics
      • Table Mazak Optonics: Product portfolio
      • Table Mazak Optonics: Key news
    • Prima Industrie
      • Table Prima Industrie: Product portfolio
      • Table Prima Industrie: Key news
    • TRUMPF
      • Table TRUMPF: Product portfolio
      • Table TRUMPF: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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