< Key Hightlight >
The global Laser Cutting Machine market was valued at 328.61 Million USD in 2020 and will grow with a CAGR of 10.08% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Laser cutting machine is a machine which uses laser beam to cut materials such as acrylic, plastic, wood, fabric, and many other non-metallic materials. The laser cutting machines initially casts laser beam on the surface of work piece, melts it and finally evaporates the particular area of work piece using the energy released by laser.Europe was the largest production market with a market share of 29.42% in 2012 and 26.78% in 2017 with a decrease of 2.64%. North America ranked the second market with the market share of 24.76% in 2016. Laser Cutting Machines product demand market there is also a certain space, but basically showing the scarcity of high-end products, and low-end products, excess capacity. Along with the development of Chinese domestic Laser Cutting Machines, Chinese domestic Laser Cutting Machines has been very mature and advanced, and the performance distance has been shortening compared with the imported Laser Cutting Machines. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field. Although sales of Laser Cutting Machines brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Laser Cutting Machines field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Laser Cutting Machines industry is not only begin to transit to high-end Laser Cutting Machines products, while still extend in the resource-rich land and downstream industry chain.
By Market Verdors:
Trumpf
HanS Laser
Bystronic
Mazak
Amada
Coherent
Prima Power
Mitsubishi Electric
HG Laser
Koike
DMG MORI
Tianqi Laser
Unity Laser
LVD
Cincinnati
Universal Laser Systems
Tanaka
Penta-Chutian
IPG Photonics
Lead Laser
Epilog Laser
Trotec
GF
CTR Lasers
Spartanics
Microlution
Boye Laser
Kaitian Laser
HE Laser
Golden Laser
By Types:
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
YAG Cutting Machine
By Applications:
Metal Materials Cutting
Non-metal Materials Cutting
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
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To understand the future outlook and prospects for the market.
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