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Global Laser Cutting Machine Market 2019-2023 - Product Image

Global Laser Cutting Machine Market 2019-2023

  • ID: 4808301
  • Report
  • Region: Global
  • 145 pages
  • TechNavio
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FEATURED COMPANIES

  • Coherent Inc.
  • Conzzeta Management AG
  • IPG Photonics Corp.
  • TRUMPF GmbH + Co. KG.
  • MORE
Global Laser Cutting Machine Market: About this market

Laser cutting machines have high-power lasers that can vaporize a range of materials, from steel to plastic with a high level of precision. The laser cutting machines market analysis considers sales from fiber, solid-state, diode, and others. Our analysis also considers the sales of laser cutting machine in APAC, Europe, North America, South America, and MEA. In 2018, the fiber segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as technological advances and growing industrial applications will play a significant role in the fiber segment to maintain its market position. Also, our global laser cutting machine market report also looks at factors such as increasing focus on automating the metal cutting process, rising demand for fiber laser cutting machines, growing investment in aerospace and defense industry. However, availability of alternate machine tools for metal cutting applications, decline in sales of automobiles, increasing demand for refurbished laser cutting machines may hamper the growth of the laser cutting machine industry over the forecast period.

Global Laser Cutting Machine Market: Overview

Increasing focus on automating the metal cutting process

The metal cutting process is mechanized, and various steps are being initiated by vendors to produce automated cutting machines. The increasing need to meet market demands for optimized flexibility and personalization in terms of product design and proportions in the cutting process has enabled integration across all production steps. This integration is now prominent among all functions within and outside a company floor. Individual standalone laser cutting machines can now be integrated into the production flow using automated software; this enables large industrial plants to partially shift toward unmanned production processes, which ensures high performance with a reduction in human resource requirement. This increasing focus on automating metal cutting process will lead to the expansion of the global laser cutting machine market at a CAGR of almost 5% during the forecast period.

Rising digitalization in manufacturing processes

Vendors are focusing on developing a connected device and streamlining the complete manufacturing process with the use of industrial internet of things (loT). loT comprises a network of physical objects with an IP address, which allows it to connect to the internet, it also includes communication between these objects and other internet-enabled devices. loT is an internet network that extends beyond conventional devices, such as laptops, desktop computers, and tablets. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape

With the presence of several major players, the global laser cutting machine market is fragmented. The 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 manufacturers, that include Coherent Inc., Conzzeta Management AG, Han’s Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., 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.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Coherent Inc.
  • Conzzeta Management AG
  • IPG Photonics Corp.
  • TRUMPF GmbH + Co. KG.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Fiber - Market size and forecast 2018-2023
  • Solid-state - Market size and forecast 2018-2023
  • Diode - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • Automotive - Market size and forecast 2018-2023
  • Aerospace and defense - Market size and forecast 2018-2023
  • Electrical and electronics - Market size and forecast 2018-2023
  • Industrial machinery - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Rising digitalization in manufacturing processes
  • Technological innovations in laser cutting machines
  • Growing focus on additive manufacturing
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Coherent Inc.
  • Conzzeta Management AG
  • Han’s Laser Technology Industry Group Co. Ltd.
  • IPG Photonics Corp.
  • TRUMPF GmbH + Co. KG
PART 15: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Product overview
Exhibit 02: Global machine tools market
Exhibit 03: Segments of global machine tools market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Product - Market share 2018-2023 (%)
Exhibit 19: Comparison by product
Exhibit 20: Fiber - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Fiber - Year-over-year growth 2019-2023 (%)
Exhibit 22: Solid-state - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Solid-state - Year-over-year growth 2019-2023 (%)
Exhibit 24: Diode - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Diode - Year-over-year growth 2019-2023 (%)
Exhibit 26: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Others - Year-over-year growth 2019-2023 (%)
Exhibit 28: Market opportunity by product
Exhibit 29: Customer landscape
Exhibit 30: End-user - Market share 2018-2023 (%)
Exhibit 31: Comparison by end-user
Exhibit 32: Automotive - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 34: Aerospace and defense - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Aerospace and defense - Year-over-year growth 2019-2023 (%)
Exhibit 36: Electrical and electronics - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: Electrical and electronics - Year-over-year growth 2019-2023 (%)
Exhibit 38: Industrial machinery - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: Industrial machinery - Year-over-year growth 2019-2023 (%)
Exhibit 40: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: Others - Year-over-year growth 2019-2023 (%)
Exhibit 42: Market opportunity by end-user
Exhibit 43: Market share by geography 2018-2023 (%)
Exhibit 44: Geographic comparison
Exhibit 45: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 46: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 47: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 48: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 49: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 50: North America - Year-over-year growth 2019-2023 (%)
Exhibit 51: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 52: South America - Year-over-year growth 2019-2023 (%)
Exhibit 53: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 54: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 55: Key leading countries
Exhibit 56: Market opportunity
Exhibit 57: Production slump in major automotive producing countries
Exhibit 58: Impact of drivers and challenges
Exhibit 59: Vendor landscape
Exhibit 60: Landscape disruption
Exhibit 61: Vendors covered
Exhibit 62: Vendor classification
Exhibit 63: Market positioning of vendors
Exhibit 64: Coherent Inc. - Vendor overview
Exhibit 65: Coherent Inc. - Product segments
Exhibit 66: Coherent Inc. - Organizational developments
Exhibit 67: Coherent Inc. - Geographic focus
Exhibit 68: Coherent Inc. - Segment focus
Exhibit 69: Coherent Inc. - Key offerings
Exhibit 70: Conzzeta Management AG - Vendor overview
Exhibit 71: Conzzeta Management AG - Business segments
Exhibit 72: Conzzeta Management AG - Organizational developments
Exhibit 73: Conzzeta Management AG - Geographic focus
Exhibit 74: Conzzeta Management AG - Segment focus
Exhibit 75: Conzzeta Management AG - Key offerings
Exhibit 76: Han’s Laser Technology Industry Group Co. Ltd. - Vendor overview
Exhibit 77: Han’s Laser Technology Industry Group Co. Ltd. - Organizational developments
Exhibit 78: Han’s Laser Technology Industry Group Co. Ltd. - Key offerings
Exhibit 79: IPG Photonics Corp. - Vendor overview
Exhibit 80: IPG Photonics Corp. - Organizational developments
Exhibit 81: IPG Photonics Corp. - Geographic focus
Exhibit 82: IPG Photonics Corp. - Key offerings
Exhibit 83: TRUMPF GmbH + Co. KG - Vendor overview
Exhibit 84: TRUMPF GmbH + Co. KG - Business segments
Exhibit 85: TRUMPF GmbH + Co. KG - Organizational developments
Exhibit 86: TRUMPF GmbH + Co. KG - Geographic focus
Exhibit 87: TRUMPF GmbH + Co. KG - Segment focus
Exhibit 88: TRUMPF GmbH + Co. KG - Key offerings
Exhibit 89: Validation techniques employed for market sizing
Exhibit 90: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Coherent Inc.
  • Conzzeta Management AG
  • IPG Photonics Corp.
  • TRUMPF GmbH + Co. KG.
  • MORE
The following companies are recognised as the key players in the global laser cutting machine market: Coherent Inc., Conzzeta Management AG, Han’s Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., and TRUMPF GmbH + Co. KG.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising digitalization in manufacturing processes.”

According to the report, one of the major drivers for this market is the increasing focus on automating the metal cutting process.

Further, the report states that one of the major factors hindering the growth of this market is the increasing demand for refurbished laser cutting machines.

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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Coherent Inc.
  • Conzzeta Management AG
  • Han’s Laser Technology Industry Group Co. Ltd.
  • IPG Photonics Corp.
  • TRUMPF GmbH + Co. KG.
Note: Product cover images may vary from those shown
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