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Global Laser Cutting Machine Market 2017-2021

About Laser Cutting Machine

Laser cutting machines have high-power lasers that can cut a range of materials, from steel to plastics, with high levels of accuracy. The versatility of these machines allows manufacturers to develop complex geometric products. Thus, laser cutting machines offer an efficient and effective way for manufacturing parts and components for a wide range of industries, such as automotive, aerospace and defense, healthcare, electrical and electronics, textiles, and wood working.

Technavio’s analysts forecast the global laser cutting machine market to grow at a CAGR of 8.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global 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 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
  • MKS Instruments
  • TRUMPF
Other prominent vendors
  • ALPHA LASER
  • Bystronic
  • DPSS Lasers
  • Trotec Laser
  • Universal Laser Systems
  • Xenetech
  • Amada Miyachi
Market driver
  • Growing automotive market
  • For a full, detailed list, view our report
Market challenge
  • CO₂ laser manufacturer challenges
  • For a full, detailed list, view our report
Market trend
  • Growing number of mergers and acquisitions
  • 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 Laser Cutting Machine Market 2017-2021

Technavio recognizes the following companies as the key players in the global laser cutting machine market: Coherent, IPG Photonics, MKS Instruments, and TRUMPF.

Other Prominent Vendors in the market are: ALPHA LASER, Bystronic, DPSS Lasers, Trotec Laser, Universal Laser Systems, Xenetech, and Amada Miyachi.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing number of mergers and acquisitions. The laser cutting machine market is a highly-fragmented market as it has local and international vendors, competing with each other to sustain their market position. Therefore, major players in the market are resorting to acquisitions as a strategy to increase their market shares. With mergers and acquisitions, players obtain the access to untapped markets and establish their market presence.”

According to the report, one of the major drivers for this market is Growing automotive market. The automotive sector is one of the major end-users of laser cutting machines. The high-quality of cutting edges, high processing speed, and low heat input of lasers prove to be advantageous for automotive manufacturers. In addition, materials such as airbag cloth and composites for interior room parts also make use of lasers. Therefore, laser cutting machines play a key role in manufacturing automotive components and parts. The growth of the automotive sector is expected to drive the demand for laser cutting machines.

Further, the report states that one of the major factors hindering the growth of this market is CO₂ laser manufacturer challenges. The issue of effective and proper heat dissipation is one of the primary concerns while designing a CO₂ laser. Different names are given to a CO₂ laser based on the different means that are used to dissipate heat. There are two basic heat dissipation methods, namely thermal dissipation cooling and diffusion cooling.

Companies Mentioned

Coherent, IPG Photonics, MKS Instruments, TRUMPF, ALPHA LASER, Bystronic, DPSS Lasers, Trotec Laser, Universal Laser Systems, Xenetech, and Amada Miyachi.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Advantages and disadvantages of laser cutting
      • Table Global laser cutting machine market by end-user 2016-2021 ($ millions)
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global laser cutting machine market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global laser cutting machine market segmentation by product 2016 and 2021 (%)
    • Global laser cutting machine market by fiber laser
      • Table Global laser cutting machine market by fiber laser 2016-2021 ($ millions)
    • Global laser cutting machine market by CO laser
      • Table Global laser cutting machine market by CO laser 2016-2021 ($ millions)
    • Global laser cutting machine market by solid- state laser
      • Table Global laser cutting machine market by solid-state laser 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Global laser cutting machine market segmentation by end-user 2016 and 2021 (%)
    • Global laser cutting machine market by automotive sector
      • Table Global laser cutting machine market by automotive sector 2016-2021 ($ millions)
    • Global laser cutting machine market by aerospace and defense
      • Table Global laser cutting machine market by aerospace and defense sector 2016-2021 ($ millions)
    • Global laser cutting machine market by electrical and electronics
      • Table Global laser cutting machine market by electrical and electronics 2016-2021 ($ millions)
    • Global laser cutting machine market by industrial machinery
      • Table Global laser cutting machine market by industrial machinery 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global laser cutting machine market segmentation by geography 2016 and 2021 (%)
    • Laser cutting machine market in APAC
      • Table Laser cutting machine market in APAC 2016-2021 ($ millions)
    • Laser cutting machine market in EMEA
      • Table Laser cutting machine market in EMEA 2016-2021 ($ millions)
    • Laser cutting machine market in Americas
      • Table Laser cutting machine market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Population aged 65 and above (% of total) 1995-2015.
    • Market challenges
  • Market trends
    • Growing number of mergers and acquisitions
    • Rising adoption of additive manufacturing
    • Increased investment in aviation sector
    • Rise in industrialization in Asian countries
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendor in the global laser cutting machine market
  • Key vendor analysis
    • Coherent
      • Table Coherent: Applications
      • Table Products offered by Coherent
    • IPG Photonics
      • Table Products offered by IPG Photonics
    • MKS Instruments
      • Table Products offered by MKS Instruments
      • Table Laser products by Newport
    • TRUMPF
      • Table Product offerings by TRUMPF
  • Appendix
    • List of abbreviations
  • Explore Technavio

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