Global Laser Cutting Machine Market 2020-2024

Global Laser Cutting Machine Market 2020-2024

Technavio has been monitoring the laser cutting machine market and it is poised to grow by $ 1.02 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on laser cutting machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing focus on automating the metal cutting process and rising demand for fiber laser cutting machines. In addition, increasing focus on automating metal cutting process is anticipated to boost the growth of the market as well.

The laser cutting machine market analysis includes the product segment and geographical landscapes.

Technavio's laser cutting machine market is segmented as below:

By Product

  • Fiber
  • Solid-state
  • Diode
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the growing investment in aerospace and defense industry as one of the prime reasons driving the laser cutting machine market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our laser cutting machine market covers the following areas:
  • Laser cutting machine market sizing
  • Laser cutting machine market forecast
  • Laser cutting machine market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser cutting machine market vendors that include ALPHA LASER GmbH, AMADA HOLDINGS Co. Ltd., Coherent Inc., Conzzeta Management AG, El.En. Spa, Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., Koike Aronson Inc., Manz AG, and TRUMPF GmbH + Co. KG. Also, the laser cutting machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Industrial machinery
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Fiber - Market size and forecast 2019-2024
      • Table Fiber - Market size and forecast 2019-2024 ($ million)
      • Table Fiber - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Fiber - Year-over-year growth 2019-2024 (%)
    • Solid-state - Market size and forecast 2019-2024
      • Table Solid-state - Market size and forecast 2019-2024 ($ million)
      • Table Solid-state - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Solid-state - Year-over-year growth 2019-2024 (%)
    • Diode - Market size and forecast 2019-2024
      • Table Diode - Market size and forecast 2019-2024 ($ million)
      • Table Diode - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Diode - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by End-user
    • Market segments
      • Table End user - Market share 2019-2024 (%)
    • Comparison by End user
      • Table Comparison by End user
    • Automotive - Market size and forecast 2019-2024
      • Table Automotive - Market size and forecast 2019-2024 ($ million)
      • Table Automotive - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Automotive - Year-over-year growth 2019-2024 (%)
    • Aerospace and defense - Market size and forecast 2019-2024
      • Table Aerospace and defense - Market size and forecast 2019-2024 ($ million)
      • Table Aerospace and defense - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Aerospace and defense - Year-over-year growth 2019-2024 (%)
    • Electrical and electronics - Market size and forecast 2019-2024
      • Table Electrical and electronics - Market size and forecast 2019-2024 ($ million)
      • Table Electrical and electronics - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Electrical and electronics - Year-over-year growth 2019-2024 (%)
    • Industrial machinery - Market size and forecast 2019-2024
      • Table Industrial machinery - Market size and forecast 2019-2024 ($ million)
      • Table Industrial machinery - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Industrial machinery - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Others - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End user
      • Table Market opportunity by End user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing focus on automating metal cutting process
      • Rising demand for fiber laser cutting machines
      • Growing investment in aerospace and defense industry
    • Market challenges
      • Availability of alternate machine tools for metal cutting application
      • Decline in sales of automobiles
      • Increasing demand for refurbished laser cutting machines
        • Table Impact of drivers and challenges
    • Market trends
      • Rising digitalization in manufacturing processes
      • Technological innovations in laser cutting machines
      • Growing focus on additive manufacturing
  • Vendor Landscape
    • Overview
      • Competitive scenario
        • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ALPHA LASER GmbH
      • Table ALPHA LASER GmbH - Overview
      • Table ALPHA LASER GmbH - Product and service
      • Table ALPHA LASER GmbH - Key news
      • Table ALPHA LASER GmbH - Key offerings
    • AMADA HOLDINGS Co. Ltd.
      • Table AMADA HOLDINGS Co. Ltd. - Overview
      • Table AMADA HOLDINGS Co. Ltd. - Business segments
      • Table AMADA HOLDINGS Co. Ltd. - Key offerings
      • Table AMADA HOLDINGS Co. Ltd. - Segment focus
    • Coherent Inc.
      • Table Coherent Inc. - Overview
      • Table Coherent Inc. - Business segments
      • Table Coherent Inc. - Key news
      • Table Coherent Inc. - Key offerings
      • Table Coherent Inc. - Segment focus
    • Conzzeta Management AG
      • Table Conzzeta Management AG - Overview
      • Table Conzzeta Management AG - Business segments
      • Table Conzzeta Management AG - Key news
      • Table Conzzeta Management AG - Key offerings
      • Table Conzzeta Management AG - Segment focus
    • El.En. Spa
      • Table El.En. Spa - Overview
      • Table El.En. Spa - Business segments
      • Table El.En. Spa - Key offerings
      • Table El.En. Spa - Segment focus
    • Hans Laser Technology Industry Group Co. Ltd.
      • Table Hans Laser Technology Industry Group Co. Ltd. - Overview
      • Table Hans Laser Technology Industry Group Co. Ltd. - Product and service
      • Table Hans Laser Technology Industry Group Co. Ltd. - Key news
      • Table Hans Laser Technology Industry Group Co. Ltd. - Key offerings
    • IPG Photonics Corp.
      • Table IPG Photonics Corp. - Overview
      • Table IPG Photonics Corp. - Business segments
      • Table IPG Photonics Corp. - Key news
      • Table IPG Photonics Corp. - Key offerings
      • Table IPG Photonics Corp. - Segment focus
    • Koike Aronson Inc.
      • Table Koike Aronson Inc. - Overview
      • Table Koike Aronson Inc. - Product and service
      • Table Koike Aronson Inc. - Key offerings
    • Manz AG
      • Table Manz AG - Overview
      • Table Manz AG - Business segments
      • Table Manz AG - Key news
      • Table Manz AG - Key offerings
      • Table Manz AG - Segment focus
    • TRUMPF GmbH + Co. KG
      • Table TRUMPF GmbH + Co. KG - Overview
      • Table TRUMPF GmbH + Co. KG - Business segments
      • Table TRUMPF GmbH + Co. KG - Key news
      • Table TRUMPF GmbH + Co. KG - Key offerings
      • Table TRUMPF GmbH + Co. KG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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