Fiber Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The Fiber Laser Cutting Machines Market size was valued at USD 1612.4 million in 2022 and is expected to expand at a CAGR of 8.69% during the forecast period, reaching USD 2658.24 million by 2029.
Fiber Laser Cutting Machines Market Overview
Laser cutting is a thermal cutting process for sheet metal fabrication. The laser beam is produced by a laser source known as a resonator and conducted by a transmission fiber or a mirror in a mechanical cutting head, where a lens focuses the laser at a very high power onto a very small diameter.
Fiber lasers are the most efficient method of laser cutting technology. The laser beam is generated by an active fiber and transmitted to the machine cutting head via a transmission fiber. Fiber lasers are much smaller than CO. Generate twice the power at the same amount of current. Fiber-cutting systems are suitable for thin to thick sheet metal processing, mainly in steel and non-ferrous metals (copper and brass).
Contrive Datum Insights has recently published the Fiber Laser Cutting Machines Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Fiber Laser Cutting Machines market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Coherent Incorporation, Jenoptik Laser GmbH, ALPHA Laser GmbH, Bystronic Incorporated, Epilog Laser Inc., IPG Photonics Corporation, Trumpf GMBH + Co. KG, Amada Miyachi Company, Ltd. Laguna Tools, GWEIKE Laser, Shandong Leiming CNC Laser Equipment Co., OREE Laser, BODOR, Shandong Ruijie CNC Technology Group Co., MC Machinery Systems, Inc., LVD Company nv and The Cincinnati Shaper Company, and others.
What are the major Applications, Types, and Regions for the Fiber Laser Cutting Machines Market?
On the Basis of Type:
- High-power laser cutting machines
- Laser cutting machines
- High-precision laser-cutting machines
- Metal sheet & tube laser cutting machines
- Laser tube-cutting machines
- Laser coil-cutting machines
- Laser engraving machines
- Laser marking machines
- Up to 2.5kW
- 5kW to 10kW
- Above 10kW
On the Basis of Application:
- Aerospace & Defence
- Building & Construction
- Precision Manufacturing
Fiber Laser Cutting Machines Market Regional Insights:
North America is expected to be an important region owing to the presence of a strong industrial sector. The region accounted for over 31% of revenue share in 2015 and is expected to exceed USD 1.97 billion by 2024. Asia Pacific is expected to be the fastest-growing region owing to the presence of strong economies such as China, India, and Japan. The increasing adoption of laser systems in the manufacturing industry is driving regional growth. Additionally, strong growth in industries that use laser cutting to produce semiconductors, consumer electronics, and automotive parts is expected to drive demand.
Geographically, the global Fiber Laser Cutting Machines market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Fiber Laser Cutting Machines Market Report Scope:
CAGR of 8.69% from 2022 to 2030.
High-power laser cutting machines, Laser cutting machines, High-precision laser-cutting machines, Metal sheet & tube laser-cutting machines, Laser tube-cutting machines, Laser coil-cutting machines, Laser engraving machines, Laser marking machines, Others
By Power Rating
Up to 2.5kW, 5kW to 10kW, Above 10kW
Automotive, Aerospace & Defence, Building & Construction, Precision Manufacturing, Others
Trumpf, Bystronic, Hanâ€™S Laser, Amada, Mazak, Penta-Chutian, LVD, Koike, DMG MORI =, Coherent, Lead Laser, IPG Photonics, Tanaka, Mitsubishi Electric, Prima Power, Tianqi Laser, Golden Laser, Unity Prima, Trotec, Epilog Laser, Cincinnati, HE Laser, Tian
Regions and Countries Covered
2017 to 2022
2023 to 2030
Frequently Asked Questions (FAQ) about the Fiber Laser Cutting Machines market:
What is the CAGR of the global Fiber Laser Cutting Machines market?
The Fiber Laser Cutting Machines Market is growing at a CAGR of 8.69% during the forecast period.
Which region would offer high growth for vendors in the Fiber Laser Cutting Machines market?
North America is the largest market for Fiber Laser Cutting Machines Market.
Which Is the Most potential market segment?
By Types- High-power laser cutting machines, Laser cutting machines, High-precision laser-cutting machines, Metal sheet & tube laser-cutting machines, Laser tube-cutting machines, Laser coil-cutting machines, Laser engraving machines, Laser marking machines, Others
By Applications - Automotive, Aerospace & Defence, Building & Construction, Precision Manufacturing, Others
Which are the top industry players in the Fiber Laser Cutting Machines market?
Trumpf, Bystronic, Hanâ€™S Laser, Amada, Mazak, Penta-Chutian, LVD, Koike, DMG MORI =, Coherent, Lead Laser, IPG Photonics, Tanaka, Mitsubishi Electric, Prima Power, Tianqi Laser, Golden Laser, Unity Prima, Trotec, Epilog Laser, Cincinnati, HE Laser, TianAll of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.