About laser cutting machine
Laser cutting machines have high-power lasers that can vaporize a range of materials from steel to plastics with high levels of precision. The versatility of these machines enables manufacturers to cut various types of materials to develop products and components that have complex geometry. Therefore, laser cutting machines provide an efficient and effective process in the industrial manufacturing sector
Technavio’s analysts forecast the laser cutting machine market in the US to grow at a CAGR of 5.50% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the laser cutting machine market in the US for 2017-2021. To calculate the market size, the report considers the low-power lasers and the market estimations are based upon end-use applications and not based on material thickness. The end-user applications included are considered under the micro-material processing only.
Technavio's report, Laser Cutting Machine Market in The US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Bystronic
• Coherent
• IPG Photonics
• Mazak Optonics
• TRUMPF
Other prominent vendors
• Vytek Laser Systems
• Amada America
• Jenoptik
• Hypertherm
• Cutlite Penta
• DANOBATGROUP
• CYLASER
• Laser Photonics
• BLM
• Sahajanand Laser Technology
• Cincinnati
Market driver
• Increasing need to develop superior-quality products
• For a full, detailed list, view our report
Market challenge
• Uncertainties in business policies due to recent US presidential elections
• For a full, detailed list, view our report
Market trend
• Use of fiber lasers for micro-cutting applications in medical device industry
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Market overview
• Low-power fiber laser cutting machines
• Low-power CO? laser cutting machines
• Low-power solid-state laser cutting machines
PART 07: Market segmentation by end-user
• Market overview
• Semiconductor
• Medical devices
• Consumer electronics
PART 08: Decision framework
PART 09: Drivers and challenges
• Market drivers
• Impact of drivers on key customer segments
• Market challenges
• Impact of challenges on key customer segments
PART 10: Market trends
• Development of compact and low-power terahertz lasers
• Use of fiber lasers for micro-cutting applications in medical device industry
• Growing adoption in other end-user industries
• Rising investments in R&D
PART 11: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 12: Key vendor analysis
• Bystronic
• Coherent
• IPG Photonics
• Mazak Optonics
• TRUMPF
PART 13: Appendix
• List of abbreviations
PART 14: Explore Technavio
List of Exhibits
Exhibit 01: Impact of US PMI change on low-power laser cutting machine market in US
Exhibit 02: Low-power laser cutting machine market by value ($ millions) and volume (units) 2016-2021
Exhibit 03: Projected growth of middle class 2015, 2025, and 2035 (in millions)
Exhibit 04: Five forces analysis
Exhibit 05: Low-power laser cutting machine market in US: Segmentation by product 2016 and 2021
Exhibit 06: Low-power fiber laser cutting machine market in US 2016-2021 ($ millions)
Exhibit 07: Low-power CO? laser cutting machine market in US 2016-2021 ($ millions)
Exhibit 08: Low-power solid-state laser cutting machine market in US 2016-2021 ($ millions)
Exhibit 09: Low-power laser cutting machine market in US: Segmentation by end-users 2016 and 2021
Exhibit 10: Share of leading countries in global semiconductor market 2015 (%)
Exhibit 11: Low-power laser cutting machine market: Semiconductor industry 2016-2021 ($ millions)
Exhibit 12: Share of American firms in regional markets 2015 ($ billions)
Exhibit 13: Low-power laser cutting machine market: Medical devices industry 2016-2021 ($ millions)
Exhibit 14: Low-power laser cutting machine market: Consumer electronics industry 2016-2021 ($ millions)
Exhibit 15: Consumer electronics products and services segmentation in 2016 (%)
Exhibit 16: Impact of drivers
Exhibit 17: Comparative analysis between CO? laser cutting and water jet cutting
Exhibit 18: Impact of challenges
