Global Laser Cutting Machine Market Report, History and Forecast 2016-2027, Breakdown Data by Manufacturers, Key Regions, Types and Application

Laser cutting is a technology that uses a laser to cut materials. Laser cutting works by directing the output of a high-power laser most commonly through optics. The laser optics and CNC (computer numerical control) are used to direct the material or the laser beam generated. 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.
Laser cutting machines used to cut metals and non-metallic materials are all covered in the report.
Global Laser Cutting Machine key players include Han'S Laser, Trumpf, Mazak, Amada, Bystronic, etc. Global top five manufacturers hold a share over 35%.
Europe is the largest market, with a share over 25%, followed by United States, with a share over 20 percent.
In terms of product, CO2 Laser Cutting Machine is the largest segment, with a share about 60%. And in terms of application, the largest application is Automotive, followed by Machine Industrial, Consumer Electronics, Aerospace and Defense, etc.

Market Analysis and Insights: Global Laser Cutting Machine Market
In 2020, the global Laser Cutting Machine market size was US$ 3711 million and it is expected to reach US$ 6422.8 million by the end of 2027, with a CAGR of 7.9% between 2021 and 2027
Global Laser Cutting Machine Scope and Market Size
The global Laser Cutting Machine market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Laser Cutting Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
Others

Segment by Application
Automotive
Aerospace and Defense
Machine Industrial
Consumer Electronics
Others

By Company
Trumpf
Bystronic
Mazak
Amada
Prima Power
Mitsubishi Electric
Trotec
Coherent
LVD
Tanaka
Cincinnati
CTR Lasers
Koike
Spartanics
IPG Photonics
Microlution
Han'S Laser
HG Laser
Chutian Laser
Tianqi Laser
Lead Laser
Boye Laser
Kaitian Laser
HE Laser
Golden Laser

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE