Laser Cutting Machines Market, Increasing Digitization in Manufacturing Processes to Drive Market Growth

NEW YORK, August 26, 2022 /PRNewswire/ — The Laser cutting machine market size is expected to increase by 1.25 billion dollars during the period 2021-2026, during the forecast period. The report broadly covers the segmentation of the Laser Cutting Machine market by end user (automotive, aerospace and defense, electrical and electronic, industrial machinery and others), product (fiber, solid state, diode and others), and Geography (APAC, Europe, North America, South AmericaAND Middle East AND Africa).

Attractive Opportunities in Laser Cutting Machines Market by Product, End User and Geography – Forecast and Analysis 2022-2026

One of the major factors driving the growth of the laser cutting machine market is increasing emphasis on automating the metal cutting process. One of the important market trends driving the growth of the laser cutting machine industry is the increasing digitization of industrial processes. However, one of the major factors hindering the growth of the laser cutting machine market is the availability of substitute machine tools for metal cutting applications.

Read the 120-page report with TOC on “Laser Cutting Machine Market Analysis Report by End User, Product, Geography and Segment Forecasts, 2021-2026”. Request free sample pages.

Top five laser cutting machine companies:

  • ALPHA LASER GmbH: The company offers the development and supply of flexible packaging globally. This segment is the largest supplier of plastic, aluminum and fiber based flexible packaging.

  • LOVED Co. Ltd.: The company provides meat packaging solutions to protect products and make them stand out from the competition and help attract attention on store shelves.

  • Bystronic Laser AG: The company offers meat packaging solutions with a range of containers, trays and special films for meat and fish packaging.

  • Chutian Laser: The company offers meat packaging solutions that are made from recycled material that helps keep the product safe and fresh for a longer duration.

  • Coherent Inc.: The company offers various types of products such as butter and cheese sheets, dairy wrap labels and confectionery packaging.

Technavio’s sample contains multiple sections of the report, such as market size and forecast, drivers, challenges, trends, and more. Buy the sample report.

Laser Cutting Machine Market Segmentation

APAC will count 58% of market growth. The main markets for laser cutting machines in APAC are China, South KoreaAND Japan. The market of this region will expand faster than that of other areas. During the project period, the availability of a competent workforce will support the expansion of the market for laser cutting machines in APAC. Get a free sample report.

Related reports:

Metal Forming Machine Tools Market by End User and Geography – Forecast and Analysis 2022-2026. Download the free sample report.

Geared Motors and Drives Market by End User and Geography – Forecast and Analysis 2022-2026. Download the free sample report.

Mucus Clearing Devices Market by End User and Geography – Forecast and Analysis 2022-2026. Download the free sample report.

Sinter Plant Market by Product and Geography – Forecast and Analysis 2022-2026. Download the free sample report.

Laser Cutting Machine Market Scope

Report coverage

The details

Page Number

120

Base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Slow down to a CAGR of 4.91%

Market growth 2022-2026

1.25 billion dollars

Market structure

Fragmented

Annual growth (%)

5.52

Regional analysis

APAC, Europe, North America, South America, Middle East and Africa

Making a contribution to the market

APAC at 58%

Main customer countries

USA, China, South Korea, Japan and Germany

Competitive landscape

Leading companies, Competitive strategies, extent of customer engagement

Top companies profiled

ALPHA LASER GmbH, AMADA Co. Ltd., Bystronic Laser AG, Cangzhou Lead Laser Technology Co. Ltd., Chutian Laser, Coherent Inc., El.En. Spa, Hans Laser Technology Industry Group Co. Ltd., HGLaser Engineering Co. Ltd., IPG Photonics Corp., Jenoptik AG, Jinan Bond Laser Co., Koike Aronson Inc., LZK CNC Machine Tool Anhui Manufacturing Co. Ltd., Manz AG, Messer Cutting Systems GmbH, Mitsubishi Electric Corp., MKS Instruments Inc., PRIMA INDUSTRIE Spa, Salvagnini Italia Spa, Shenzhen Hymson Laser Intelligent Equipments Co. Ltd., Trotec Laser GmbH, TRUMPF GmbH Co. KG Systems Inc. , and Yamazaki Mazak Corp.

Market dynamics

Parent market analysis, market growth drivers and restraints, fast growing and slow growing segment analysis, analysis of the impact and recovery of COVID 19 and future consumer dynamics, and analysis of the market state for the period of forecasting.

Customization field

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Browse for Technavio ยปindustrial“Research reports

Table of Contents

1 Executive summary

2 Market landscape

3 Market size

4 Five Forces Analysis

5 Market segmentation by end user

6 Market segmentation by product

7 Customer landscape

8 Geographical landscape

9 Drivers, Challenges and Trends

10 Vendor landscape

11 Seller Analysis

12 Appendix

About Technavio

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and a large backlog, covering 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and actionable market knowledge to identify opportunities in existing and potential markets and to assess their competitive positions within changing market scenarios.

contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/laser-cutting-machine-market-rising-digitalization-in-manufacturing-processes-to-boost-market-growth— technavio -301611596.html

SOURCE Technavio

Leave a Comment

Your email address will not be published. Required fields are marked *