The Laser Cutting Machine Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Laser Cutting Machine Market?
The market size of the laser cutting machine has seen rapid growth in recent years. The market value shifted from $5.57 billion in 2024 to $6.16 billion in 2025, growing at a compound annual growth rate (CAGR) of 10.5%. The historical growth trend in the Laser Cutting Machine Global Market Report 2025 market has been upward.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Laser Cutting Machine Industry?
The market size for the laser cutting machine is predicted to see a substantial increase, reaching a value of $9.01 billion in 2029. This growth indicates a compound annual growth rate (CAGR) of 10.0%.
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What are the Key Growth Drivers Fueling the Laser Cutting Machine Market?
The key drivers in the laser cutting machine market are:
• Shift towards more compact and versatile systems
• Precision engineering requirements becoming more intensive
• Market expansion into emerging economies
• Advances in material processing and environmental sustainability
Global Market Segmentation: Identifying Major Laser Cutting Machine Industry Segments
The laser cutting machine market covered in this report is segmented –
1) By Technology: Solid State, Gas, Semiconductor
2) By Process: Fusion Cutting, Flame Cutting, Sublimation Cutting
3) By End User Industry: Automotive, Consumer Electronics, Defense And Aerospace, Industrial, Other End User Industries
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What are the Emerging Trends Shaping the Future of the Laser Cutting Machine Market?
The key trends in the laser cutting machine market are:
• The market is moving towards compact and versatile laser cutting systems.
• Advances in material processing and power/speed are shaping the future of this market.
• Adoption of fiber laser technology and increased automation is an emerging trend.
• There's a growing tendency for customization and personalization within the industry.
Who Are the Top Competitors & Leading Players in the Laser Cutting Machine Market?
Major companies in the laser cutting machine market are:
• Trumpf Laser GmbH + Co KG
• Coherent Inc.
• Amada Co Ltd.
• Jinan Golden Laser Co Ltd.
• Han's Laser Smart Equipment Group Co Ltd.
• IPG Photonics Corporation
• Prima North America Inc.
• Bystronic AG
• Jenoptik Laser GmbH
• Mazak Corporation
• Wuhan Raycus Fiber Laser Technology Co Ltd.
• Shenzhen Raycus Fiber Laser Technology Co Ltd.
• LVD Company NV
• Glorystar Laser Co Ltd.
• Maxphotonics Technology Co Ltd.
• Universal Laser Systems Inc.
• HG Laser Co Ltd.
• Epilog Laser
• MORN Laser
• Mitsubishi Laser Machinery Co Ltd.
• Trotec Laser GmbH
• GCC Laser
• Golden Laser Group Co Ltd.
• Dongguan Aowei Laser Technology Co Ltd.
• Reci Laser Technology Co Ltd.
• Raytech Laser Co Ltd.
• ACCURL Laser Technology Co Ltd.
• Sino-Stargle Laser Technology Co Ltd.
• Bodor Laser
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the laser cutting machine market in 2024
