October 28, 2021

Laser Cutting Machine Market to record $851.39 Mn growth from 2021 to 2025| ALPHA LASER GmbH and AMADA Co. Ltd. among Key Vendors| Technavio

NEW YORK, Oct. 1, 2021 /PRNewswire/ — The laser cutting machine market is expected to grow by $ 851.39 mn…

NEW YORK, Oct. 1, 2021 /PRNewswire/ — The laser cutting machine market is expected to grow by $ 851.39 mn from 2021 to 2025. Technavio’s latest market research report estimates that this market will decelerate at a CAGR of 3.47%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Market drivers such as the increasing focus on automating the metal cutting process will offer immense growth opportunities. However, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Laser Cutting Machine Market 2021-2025: Segmentation

  • Product
    • Fiber
    • Solid-state
    • Diode
    • Others
  • End-user
    • Automotive
    • Aerospace And Defense
    • Electrical And Electronics
    • Industrial Machinery
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • MEA

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Laser Cutting Machine Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the laser cutting machine market provides a detailed analysis of vendors operating in the market. Some of these vendors include ALPHA LASER GmbH, AMADA Co. Ltd., Bystronic Laser AG, Coherent Inc., El.En. Spa, Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., Koike Aronson Inc., Manz AG, and TRUMPF GmbH Co. KG.

Backed with competitive intelligence and benchmarking, our research report on the laser cutting machine market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

The report also covers the following areas:

The rising demand for fiber laser cutting machines is likely to emerge as one of the primary drivers of the market. However, factors such as the availability of alternate machine tools for metal cutting applications may threaten the growth of the market.

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Laser Cutting Machine Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist laser cutting machine market growth during the next five years
  • Estimation of the laser cutting machine market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the laser cutting machine market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laser cutting machine market vendors

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Laser Cutting Machine Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 3.47%

Market growth 2021-2025

$ 851.39 million

Market structure

Fragmented

YoY growth (%)

5.07

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 58%

Key consumer countries

China, US, South Korea (Republic of Korea), Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ALPHA LASER GmbH, AMADA Co. Ltd., Bystronic Laser AG, Coherent Inc., El.En. Spa, Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., Koike Aronson Inc., Manz AG, and TRUMPF GmbH Co. KG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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