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Laser Cutting Machine Market in US 2020-2024

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    Report

  • 120 Pages
  • May 2020
  • Region: United States
  • TechNavio
  • ID: 5027204
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Laser cutting machine market in US 2020-2024

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 Overview

Market Landscape
  • Market ecosystem
  • Market Characteristics
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product
  • Market segments
  • Comparison by Product
  • Fiber - Market size and forecast 2019-2024
  • Solid-state - Market size and forecast 2019-2024
  • Diode - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user
  • Market segments
  • Comparison by End-user
  • Automotive - Market size and forecast 2019-2024
  • Aerospace and defense - Market size and forecast 2019-2024
  • Electrical and electronics - Market size and forecast 2019-2024
  • Industrial machinery - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer landscape
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape
  • Vendor landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Coherent Inc.
  • Conzzeta Management AG
  • DMG MORI Co. Ltd.
  • Han's Laser Corp. Ltd.
  • IPG Photonics Corp.
  • Koike Aronson Inc.
  • Laserline GmbH
  • Mitsubishi Electric Corp.
  • TRUMPF GmbH + Co. KG
  • Wuhan HGLaser Engineering Co. Ltd.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 5
4: Key Finding 6
5: Key Finding 7
6: Parent market
7: Market characteristics
8: Offerings of vendors included in the market definition
9: Market segments
10: Global - Market size and forecast 2019 - 2024 ($ million)
11: Global market: Year-over-year growth 2019 - 2024 (%)
12: Five forces analysis 2019 & 2024
13: Bargaining power of buyers
14: Bargaining power of suppliers
15: Threat of new entrants
16: Threat of substitutes
17: Threat of rivalry
18: Market condition - Five forces 2019
19: Product - Market share 2019-2024 (%)
20: Comparison by Product
21: Fiber - Market size and forecast 2019-2024 ($ million)
22: Fiber - Year-over-year growth 2019-2024 (%)
23: Solid-state - Market size and forecast 2019-2024 ($ million)
24: Solid-state - Year-over-year growth 2019-2024 (%)
25: Diode - Market size and forecast 2019-2024 ($ million)
26: Diode - Year-over-year growth 2019-2024 (%)
27: Others - Market size and forecast 2019-2024 ($ million)
28: Others - Year-over-year growth 2019-2024 (%)
29: Market opportunity by Product
30: End user - Market share 2019-2024 (%)
31: Comparison by End user
32: Automotive - Market size and forecast 2019-2024 ($ million)
33: Automotive - Year-over-year growth 2019-2024 (%)
34: Aerospace and defense - Market size and forecast 2019-2024 ($ million)
35: Aerospace and defense - Year-over-year growth 2019-2024 (%)
36: Electrical and electronics - Market size and forecast 2019-2024 ($ million)
37: Electrical and electronics - Year-over-year growth 2019-2024 (%)
38: Industrial machinery - Market size and forecast 2019-2024 ($ million)
39: Industrial machinery - Year-over-year growth 2019-2024 (%)
40: Others - Market size and forecast 2019-2024 ($ million)
41: Others - Year-over-year growth 2019-2024 (%)
42: Market opportunity by End user
43: Customer landscape
44: Impact of drivers and challenges
45: Vendor landscape
46: Landscape disruption
47: Industry risks
48: Vendors covered
49: Market positioning of vendors
50: Coherent Inc. - Overview
51: Coherent Inc. - Business segments
52: Coherent Inc. - Key offerings
53: Coherent Inc. - Key customers
54: Coherent Inc. - Segment focus
55: Conzzeta Management AG - Overview
56: Conzzeta Management AG - Business segments
57: Conzzeta Management AG - Key offerings
58: Conzzeta Management AG - Key customers
59: Conzzeta Management AG - Segment focus
60: DMG MORI Co. Ltd. - Overview
61: DMG MORI Co. Ltd. - Business segments
62: DMG MORI Co. Ltd. - Key offerings
63: DMG MORI Co. Ltd. - Key customers
64: DMG MORI Co. Ltd. - Segment focus
65: IPG Photonics Corp. - Overview
66: IPG Photonics Corp. - Business segments
67: IPG Photonics Corp. - Key offerings
68: IPG Photonics Corp. - Key customers
69: IPG Photonics Corp. - Segment focus
70: Koike Aronson Inc. - Overview
71: Koike Aronson Inc. - Product and service
72: Koike Aronson Inc. - Key offerings
73: Koike Aronson Inc. - Key customers
74: Koike Aronson Inc. - Segment focus
75: Laserline GmbH - Overview
76: Laserline GmbH - Product and service
77: Laserline GmbH - Key offerings
78: Laserline GmbH - Key customers
79: Laserline GmbH - Segment focus
80: Mitsubishi Electric Corp. - Overview
81: Mitsubishi Electric Corp. - Business segments
82: Mitsubishi Electric Corp. - Key offerings
83: Mitsubishi Electric Corp. - Key customers
84: Mitsubishi Electric Corp. - Segment focus
85: TRUMPF GmbH + Co. KG - Overview
86: TRUMPF GmbH + Co. KG - Business segments
87: TRUMPF GmbH + Co. KG - Key offerings
88: TRUMPF GmbH + Co. KG - Key customers
89: TRUMPF GmbH + Co. KG - Segment focus
90: Wuhan HGLaser Engineering Co. Ltd. - Overview
91: Wuhan HGLaser Engineering Co. Ltd. - Product and service
92: Wuhan HGLaser Engineering Co. Ltd. - Key offerings
93: Wuhan HGLaser Engineering Co. Ltd. - Key customers
94: Wuhan HGLaser Engineering Co. Ltd. - Segment focus
95: Currency conversion rates for US$
96: Research Methodology
97: Validation techniques employed for market sizing
98: Information sources
99: List of abbreviations

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.