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Laser cutting machine market in US 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The laser cutting machine market in US is poised to grow by $ 1.25 bn during 2020-2024 progressing at a CAGR of 5% during the forecast period. The reports on laser cutting machine market in US 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 US market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising demand for fiber laser cutting machines and growing investment in aerospace and defense industry. 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 in US market analysis includes product segment.
The laser cutting machine market in US is segmented as below:
By Product
- Fiber
- Solid-state
- Diode
- Others
This study identifies the rising digitalization in manufacturing processes as one of the prime reasons driving the laser cutting machine market in US growth during the next few years. Also, technological innovations in laser cutting machines, and growing focus on additive manufacturing will lead to sizable demand in the market.
The report 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. The laser cutting machine market in US covers the following areas:
- Laser cutting machine market in US sizing
- Laser cutting machine market in US forecast
- Laser cutting machine market in US industry analysis.
This 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 in US vendors that include Coherent Inc., Conzzeta Management AG, DMG MORI Co. Ltd., IPG Photonics Corp., Koike Aronson Inc., Laserline GmbH, Mitsubishi Electric Corp., TRUMPF GmbH + Co. KG, and Wuhan HGLaser Engineering Co. Ltd. Also, the laser cutting machine market in US 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.
The report 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.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the laser cutting machine market in US: Coherent Inc., Conzzeta Management AG, DMG MORI Co. Ltd., IPG Photonics Corp., Koike Aronson Inc., Laserline GmbH, Mitsubishi Electric Corp., TRUMPF GmbH + Co. KG, and Wuhan HGLaser Engineering Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising digitalization in manufacturing processes."
According to the report, one of the major drivers for this market is the increasing focus on automating metal cutting process.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Coherent Inc.
- Conzzeta Management AG
- DMG MORI Co. Ltd.
- IPG Photonics Corp.
- Koike Aronson Inc.
- Laserline GmbH
- Mitsubishi Electric Corp.
- TRUMPF GmbH + Co. KG
- Wuhan HGLaser Engineering Co. Ltd.