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Published: Feb, 2017 | Pages:
137 | Publisher: Grand View Research
Industry: Semiconductors | Report Format: Electronic (PDF)
The global laser cutting machines market is expected to reach USD 6.72 billion by 2024, according to a new report by Grand View Research, Inc. Increasing use of fiber, CO2 and Yttrium Aluminum Garnet (YAG) lasers in the cutting applications such as consumer electronics and industrial sectors is expected to augment the demand for the laser cutting machines market. Consumer electronics is anticipated to be the fastest-growing sector owing to the rising implementation of lasers in material processing applications such as cutting, welding, and engraving. Moreover, the need for high power input and efficiency-based cutters are driving the demand for laser cutting machines over the forecast period. Developments of novel process lasers to optimize the production of customized three-dimensional glass components and a shift from conventional semiconductor lasers to quantum cascade lasers are expected to increase the demand for these machines. Continuous technological advancements in the laser technology are enabling manufacturers to invest in research and development to gain a competitive advantage. Moreover, the end-use industry is replacing the conventional cutting technology with laser cutting owing to the demand for high-speed cutting and drilling. Further Key Findings from the Study Suggest: • Gas lasers are estimated to grow at a CAGR of over 9.4% from 2016 to 2024. These lasers have an increasing demand for improved machine tools and equipment in making holograms, dye laser pumping, barcode reading, and laser printing. • The fusion cutting process is estimated to be the fastest-growing segment at a CAGR of over 9.4% from 2016 to 2024. Fusion cutting offers the benefit of producing a virtually oxide-free cutting edge suitable for thin sheets cutting. • The industrial sector is expected to dominate the market over the forecast period. The growing trend of automation in the manufacturing process is increasing the demand for laser cutting machines. These machines precisely cut parts and patterns at high speeds with consistent results. • The Asia Pacific laser cutting machines industry is expected to remain the largest market owing to the rising GDP and rapid expansion of the regional manufacturing sector. Moreover, the regional growth is strong in industries that use laser cutting to produce semiconductors, consumer electronics, and automotive components. As these sectors are expanding, the need for laser cutting machines in this region is also increasing. • Key players in the laser cutting machines market include Trumpf Laser GmbH + Co. KG, IPG Photonics Corporation, Coherent Inc., and Rofin-Sinar Technologies Inc. The market is highly competitive owing to the presence of numerous manufacturers' incorporating innovative technologies to offer product differentiation.
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumption 1.3. List of Data Sources Chapter 2. Executive Summary 2.1. Laser cutting machines- Industry snapshot and key buying criteria, 2015 - 2024 Chapter 3. Laser Cutting Machines Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects 3.3. Laser cutting machines- Value chain analysis 3.4. Laser cutting machines market dynamics 3.4.1. Market driver analysis 3.4.1.1. Increasing demand for high-quality products 3.4.1.2. Growing trend of automation 3.4.2. Market restraint analysis 3.4.2.1. High power consumption 3.5. Key opportunities prioritized 3.6. Industry analysis - Porter's 3.7. Laser cutting machines-Key competitor analysis, 2015 3.8. Laser cutting machines market PESTEL analysis, 2015 Chapter 4. Laser Cutting Machines Technology Outlook 4.1. Solid state lasers 4.1.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 4.2. Gas lasers 4.2.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 4.3. Semiconductor lasers 4.3.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 Chapter 5. Laser Cutting Machines Process Outlook 5.1. Fusion cutting 5.1.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 5.2. Flame cutting 5.2.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 5.3. Sublimation cutting 5.3.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 Chapter 6. Laser Cutting Machines Application Outlook 6.1. Automotive 6.1.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 6.2. Consumer electronics 6.2.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 6.3. Defense and aerospace 6.3.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 6.4. Industrial 6.4.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 6.5. Others 6.5.1. Global market estimates and forecasts, USD Billion, 2015 - 2024 Chapter 7. Laser Cutting Machines Regional Outlook 7.1. North America 7.1.1. Laser cutting machines market by technology, USD Billion, 2015 - 2024 7.1.2. Laser cutting machines market by process, USD Billion, 2015 - 2024 7.1.3. Laser cutting machines market by application, USD Billion, 2015 - 2024 7.2. Europe 7.2.1. Laser cutting machines market by technology, USD Billion, 2015 - 2024 7.2.2. Laser cutting machines market by process, USD Billion, 2015 - 2024 7.2.3. Laser cutting machines market by application, USD Billion, 2015 - 2024 7.3. Asia Pacific 7.3.1. Laser cutting machines market by technology, USD Billion, 2015 - 2024 7.3.2. Laser cutting machines market by process, USD Billion, 2015 - 2024 7.3.3. Laser cutting machines market by application, USD Billion, 2015 - 2024 7.4. RoW 7.4.1. Laser cutting machines market by technology, USD Billion, 2015 - 2024 7.4.2. Laser cutting machines market by process, USD Billion, 2015 - 2024 7.4.3. Laser cutting machines market by application, USD Billion, 2015 - 2024 Chapter 8. Competitive Landscape 8.1. Alpha Laser GmbH 8.1.1. Company overview 8.1.2. Financial performance 8.1.3. Product benchmarking 8.1.4. Recent developments 8.2. Amada Miyachi Co. Ltd 8.2.1. Company overview 8.2.2. Financial performance 8.2.3. Product benchmarking 8.2.4. Recent developments 8.3. Bystronic Inc. 8.3.1. Company overview 8.3.2. Financial performance 8.3.3. Product benchmarking 8.3.4. Recent developments 8.4. Coherent Inc. 8.4.1. Company overview 8.4.2. Financial performance 8.4.3. Product benchmarking 8.4.4. Recent developments 8.5. DPSS Laser Inc. 8.5.1. Company overview 8.5.2. Financial performance 8.5.3. Product benchmarking 8.5.4. Recent developments 8.6. Epilog Lasers Inc. 8.6.1. Company overview 8.6.2. Financial performance 8.6.3. Product benchmarking 8.6.4. Recent developments 8.7. Fanuc Corporation 8.7.1. Company overview 8.7.2. Financial performance 8.7.3. Product benchmarking 8.7.4. Recent developments 8.8. IPG Photonics Corporation 8.8.1. Company overview 8.8.2. Financial performance 8.8.3. Product benchmarking 8.8.4. Recent developments 8.9. Jenoptik Laser GmbH 8.9.1. Company overview 8.9.2. Financial performance 8.9.3. Product benchmarking 8.9.4. Recent developments 8.10. Kern Lasers System 8.10.1. Company overview 8.10.2. Financial performance 8.10.3. Product benchmarking 8.10.4. Recent developments 8.11. Rofin-Sinar Technologies Inc. 8.11.1. Company overview 8.11.2. Financial performance 8.11.3. Product benchmarking 8.11.4. Recent developments 8.12. Trumpf Laser GmbH + Co. Kg 8.12.1. Company overview 8.12.2. Financial performance 8.12.3. Product benchmarking 8.12.4. Recent developments
List of Tables 1. Laser cutting machines- Industry snapshot & key buying criteria, 2015 - 2024 2. Global laser cutting machinesmarket, 2015 - 2024 (USD Billion) 3. Global laser cutting machinesmarket by region, 2015 - 2024 (USD Billion) 4. Global laser cutting machinesmarket by technology, 2015 - 2024 (USD Billion) 5. Global laser cutting machinesmarket by process, 2015 - 2024 (USD Billion) 6. Global laser cutting machines market by application, 2015 - 2024 (USD Billion) 7. Global solid state lasers demand, 2015 - 2024 (USD Billion) 8. Solid state lasersdemand by region, 2015 - 2024 (USD Billion) 9. Global gas lasers demand, 2015 - 2024 (USD Billion) 10. Global gas lasers demand by region, 2015 - 2024 (USD Billion) 11. Global semiconductor lasers demand, 2015 - 2024 (USD Billion) 12. Global semiconductor lasers demand by region, 2015 - 2024 (USD Billion) 13. Global fusion cutting demand, 2015 - 2024 (USD Billion) 14. Global fusion cutting demand by region, 2015 - 2024 (USD Billion) 15. Global flame cutting demand, 2015 - 2024 (USD Billion) 16. Global flame cutting demand by region, 2015 - 2024 (USD Billion) 17. Global sublimation cutting demand, 2015 - 2024 (USD Billion) 18. Global sublimation cutting demandby region, 2015 - 2024 (USD Billion) 19. Global automotive demand, 2015 - 2024 (USD Billion) 20. Global automotive demand by region, 2015 - 2024 (USD Billion) 21. Global consumer electronics demand, 2015 - 2024 (USD Billion) 22. Global consumer electronics demand by region, 2015 - 2024 (USD Billion) 23. Global defense and aerospace demand, 2015 - 2024 (USD Billion) 24. Global defense and aerospace demandby region, 2015 - 2024 (USD Billion) 25. Global industrial demand, 2015 - 2024 (USD Billion) 26. Global industrial demand by region, 2015 - 2024 (USD Billion) 27. Global others market, 2015 - 2024 (USD Billion) 28. Global others market by region, 2015 - 2024 (USD Billion) 29. North America market by technology, 2015 - 2024 (USD Billion) 30. North America market by process, 2015 - 2024 (USD Billion) 31. North America market by application, 2015 - 2024 (USD Billion) 32. Europe market by technology, 2015 - 2024 (USD Billion) 33. Europe market by process, 2015 - 2024 (USD Billion) 34. Europe market by application, 2015 - 2024 (USD Billion) 35. Asia Pacific market by technology, 2015 - 2024 (USD Billion) 36. Asia Pacific market by process, 2015 - 2024 (USD Billion) 37. Asia Pacific market by application, 2015 - 2024 (USD Billion) 38. RoW market by technology, 2015 - 2024 (USD Billion) 39. RoW market by process, 2015 - 2024 (USD Billion) 40. RoW market by application, 2015 - 2024 (USD Billion)
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