The need for accurate and precise machining in various manufacturing industries such as automotive, defense, and micro-electric drives the market for the laser cutting machines market. Increase in demand for products that require such precise machining process along with rapid industrialization process boost the laser cutting machines market. Further, there is an increase in the need for automation, with its more accurate machining application to quicken the process. The market is restricted by high capital investment required for the use of laser cutting machines. Substitutes such as plasma cutting and water-jet cutting machines are also available, which pose a threat for the market. Future growth opportunities are expected to be offered through improvement in technology that will enhance operational safety and cost effectiveness of laser cutting machines
The global laser cutting machine market is segmented into different segments based on technology, process, end users, and geography. Based on technology, the market is divided into solid-state lasers, gas lasers, and semiconductor lasers. Based on processes, the market is classified into fusion cutting, flame cutting, and sublimation cutting. Based on end users, the market is segmented into automotive, consumer electronics, defense and aerospace, industrial, and others. Based on geography, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Major players that are profiled in the report include Coherent Incorporation, Jenoptik Laser GmbH, ALPHA Laser GmbH, Bystronic Incorporated, Epilog Laser Inc., IPG Photonics Corporation, Trumpf GMBH + Co. Kg, and Amada Miyachi Company, Ltd.
POTENTIAL BENEFITS FOR STAKEHOLDERS
The report gives extensive details about the current and possible future scenarios of the laser cutting machines market.
The report covers in depth study about the various strategies adopted by the companies involved in the market and the new emerging strategies.
The report provides Porter’s Five Forces analysis to understand all the factors that affect the market.
This report provides in depth quantitative analysis about the current market and predicts the future behavior, which assists in finding new market opportunities.
This report provides comprehensive segmentation of the market along with the leaders of different categories.
KEY MARKET SEGMENTS
The market is segmented based on technology, processes, end user, and geography.
BY END USER
Defense and Aerospace
Rest of Europe
Rest of Asia-Pacific
Jenoptik Laser GmbH
ALPHA Laser GmbH
Epilog Laser Inc.
IPG Photonics Corporation
Trumpf GMBH + Co. KG
Amada Miyachi Company, Ltd.
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.2 Market Snapshot
2.3 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key Findings
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters Five Forces analysis
3.3.1 Moderate bargaining power of suppliers due to large vertical integration among companies and high switching cost
3.3.2 High bargaining power of buyer due to availability of substitutes, and low switching costs
3.3.3 Availability of substitutes increases threat of substitutes
3.3.4 Low threat of new entrants due to presence of dominant players and high barriers to entry
3.3.5 Low brand loyalty, high switching costs and high degree of vertical integration increase the competition among rivalries
3.4 Market share analysis, 2015
3.5.1 High demand from the end-user industries
3.5.2 Increasing need of automation in the manufacturing industry
3.6.1 Large expenditure on Research & Development
3.6.2 Availability of substitute machinery
3.6.3 Introduction of new technologies for improving machines
CHAPTER 4 WORLD LASER CUTTING MACHINES MARKET, BY TECHNOLOGY
4.2 Solid state lasers
4.2.1 KEY MARKET TRENDS
4.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.2.3 MARKET SIZE AND FORECAST
4.3 Gas lasers
4.3.1 KEY MARKET TRENDS
4.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.3.3 MARKET SIZE AND FORECAST
4.4 Semiconductor lasers
4.4.1 KEY MARKET TRENDS
4.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
4.4.3 MARKET SIZE AND FORECAST
CHAPTER 5 WORLD LASER CUTTING MACHINES MARKET, BY PROCESS
5.2 Fusion Cutting
5.2.1 KEY MARKET TRENDS
5.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.2.3 MARKET SIZE AND FORECAST
5.3 Flame Cutting
5.3.1 KEY MARKET TRENDS
5.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.3.3 MARKET SIZE AND FORECAST
5.4 Sublimation Cutting
5.4.1 KEY MARKET TRENDS
5.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
5.4.3 MARKET SIZE AND FORECAST
CHAPTER 6 WORLD LASER CUTTING MACHINES MARKET, BY END USER INDUSTRY
6.2.1 KEY MARKET TRENDS
6.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.2.3 MARKET SIZE AND FORECAST
6.3 Consumer Electronics
6.3.1 KEY MARKET TRENDS
6.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.3.3 MARKET SIZE AND FORECAST
6.4 Defense and Aerospace
6.4.1 KEY MARKET TRENDS
6.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.4.3 MARKET SIZE AND FORECAST
6.5.1 KEY MARKET TRENDS
6.5.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.5.3 MARKET SIZE AND FORECAST
6.6 Other Users
6.6.1 KEY MARKET TRENDS
6.6.2 KEY GROWTH FACTORS AND OPPORTUNITIES
6.6.3 MARKET SIZE AND FORECAST
CHAPTER 7 WORLD LASER CUTTING MACHINES MARKET BY GEOGRAPHY
7.2 North America
7.2.1 KEY MARKET TRENDS
7.2.2 KEY GROWTH FACTORS AND OPPORTUNITIES
7.2.3 MARKET SIZE AND FORECAST
7.3.1 KEY MARKET TRENDS
7.3.2 KEY GROWTH FACTORS AND OPPORTUNITIES
7.3.3 MARKET SIZE AND FORECAST
7.4 Asia Pacific
7.4.1 KEY MARKET TRENDS
7.4.2 KEY GROWTH FACTORS AND OPPORTUNITIES
7.4.3 MARKET SIZE AND FORECAST
7.5.1 KEY MARKET TRENDS
7.5.2 KEY GROWTH FACTORS AND OPPORTUNITIES
7.5.3 MARKET SIZE AND FORECAST
CHAPTER 8 COMPANY PROFILES
8.1 Coherent Incorporation
8.1.1 COMPANY OVERVIEW
8.1.2 COMPANY SNAPSHOT
8.1.3 OPERATING BUSINESS SEGMENTS
8.1.4 BUSINESS PERFORMANCE
8.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.2 Jenoptik Laser GmbH
8.2.1 COMPANY OVERVIEW
8.2.2 COMPANY SNAPSHOT
8.2.3 OPERATING BUSINESS SEGMENTS
8.2.4 BUSINESS PERFORMANCE
8.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.3 ALPHA Laser GmbH
8.3.1 COMPANY OVERVIEW
8.3.2 COMPANY SNAPSHOT
8.3.3 OPERATING BUSINESS SEGMENTS
8.3.4 BUSINESS PERFORMANCE
8.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.4 Bystronic Incorporated
8.4.1 COMPANY OVERVIEW
8.4.2 COMPANY SNAPSHOT
8.4.3 OPERATING BUSINESS SEGMENTS
8.4.4 BUSINESS PERFORMANCE
8.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.5 Epilog Laser Inc.
8.5.1 COMPANY OVERVIEW
8.5.2 COMPANY SNAPSHOT
8.5.3 OPERATING BUSINESS SEGMENTS
8.5.4 BUSINESS PERFORMANCE
8.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.6 IPG Photonics Corporation
8.6.1 COMPANY OVERVIEW
8.6.2 COMPANY SNAPSHOT
8.6.3 OPERATING BUSINESS SEGMENTS
8.6.4 BUSINESS PERFORMANCE
8.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.7 Trumpf GMBH + Co. Kg
8.7.1 COMPANY OVERVIEW
8.7.2 COMPANY SNAPSHOT
8.7.3 OPERATING BUSINESS SEGMENTS
8.7.4 BUSINESS PERFORMANCE
8.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
8.8 Amada Miyachi Company, Ltd.
8.8.1 COMPANY OVERVIEW
8.8.2 COMPANY SNAPSHOT
8.8.3 OPERATING BUSINESS SEGMENTS
8.8.4 BUSINESS PERFORMANCE
8.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
Laser cutting machines are used for metal processing by cutting different types of metals. The improved quality of cutting provided by the laser cutting processes along with the automation abilities integrated in the system drive the market. Demand for increased production also boost the market. However, presence of substitute machinery and high R&D budget negatively affect the market. The technological advancements possible along with the new features already being introduced fuel the market growth.
Based on technology, laser cutting machines market is segmented into solid state laser, gas laser, and semiconductor laser. Solid state laser was the highest revenue contributor and accounted for around 40% share of the overall market in 2015. However, gas laser is expected to witness rapid growth during the forecast period.
Based on processes, laser cutting machines market is divided into fusion cutting, flame cutting, and sublimation cutting. Flame cutting segment constituted largest market share in 2015 however, fusion cutting segment registered a highest CAGR of 9.7%, during the forecast period.
Based on end user, laser cutting machines market is classified into automotive, consumer electronics, defense & aerospace, industrial, and others. Among all end users, industrial segment generated the highest revenue.
In 2015, North America was the highest revenue contributor, with over 30% of the global market share. Asia-Pacific is expected to be the fastest growing region during the alysis period owing to increase in number of manufacturing facilities and increase in purchasing power of people in the developing tions.
Key findings of the Laser Cutting Machines Market:
Solid state laser generated the highest revenue and accounted for around 40% share of the overall market in 2015.
Flame cutting segment contributed largest market share in 2015
In 2015, North America was the highest revenue contributor, with over 30% of the global market share.
Asia-Pacific is expected to be the fastest growing region owing to the increase in number of manufacturing facilities and increase in purchasing power of people in the developing tions.
Key players profiled in the report include Coherent Incorporation, Jenoptik Laser GmbH, ALPHA Laser GmbH, Bystronic Incorporated, Epilog Laser Inc., IPG Photonics Corporation, Trumpf GMBH + Co. Kg, and Amada Miyachi Company, Ltd.
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
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- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
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