The Asia Pacific Laser Cutting Machines Market would witness market growth of 5.5% CAGR during the forecast period (2023-2029).
The increased human-machine connection facilitated by Industry 4.0 is boosting quality, productivity, and energy efficiency, thereby contributing to the growth of laser-cutting machine sales. In addition, the early notification of the status of machine operation provided by predictive analysis encourages manufacturers to invest in industry 4.0 solutions by drastically reducing maintenance and replacement costs, which is anticipated to stimulate market expansion.
The emergence of fiber laser cutting is anticipated to boost the growth of the market. Fiber laser cutting devices are frequently utilized in macro-processing applications requiring millimeter-level accuracy, such as the cutting and welding of industrial metals. Given the increased demand for laser equipment, macro processing has a greater market potential than micro processing. As a result of their high output power, fiber lasers are widely utilized in macro processing, which refers to the processing of objects with a laser beam influence range of millimeters or more. This type of processing is commonplace with fiber lasers.
By 2025, China's domestic automobile production will exceed 35 million units. More than 25 million vehicles, including 19.9 million automobiles, were sold in 2020. An increase in vehicle sales facilitates an increase in auto maintenance products. However, even during COVID-19, the Chinese government implemented several measures to encourage automobile usage. These initiatives include delaying the implementation of the China Six Emission Standard until January 2021, providing fiscal and tax assistance, expediting the phase-out of obsolete diesel trucks, and expanding channels for trading used vehicles. Government assistance to the industry will increase the manufacturing and sales of vehicles, creating new growth opportunities for laser cutting machines for rapid and precise production and propelling regional market growth.
The China market dominated the Asia Pacific Laser Cutting Machines Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,035.2 million by 2029. The Japan market is registering a CAGR of 4.9% during (2023 - 2029). Additionally, The India market would experience a CAGR of 6.2% during (2023 - 2029).
Based on Application, the market is segmented into Industrial, Automotive, Consumer Electronics, Defense & Aerospace, and Others. Based on Technology, the market is Solid State Lasers, Gas Lasers, and Semiconductor Lasers. Based on Process, the market is Flame Cutting, Fusion Cutting, and Sublimation Cutting. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Laser Cutting Machines Market is Projected to reach USD 9.5 Billion by 2029, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AMADA CO., LTD., TRUMPF SE + Co. KG, FANUC Corporation, Bystronic Laser AG, Coherent Corp., IPG Photonics Corporation, Jenoptik AG, DPSS Lasers, Inc., Epilog Laser, and Kern Laser Systems.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Industrial
- Automotive
- Consumer Electronics
- Defense & Aerospace
- Others
By Technology
- Solid State Lasers
- Gas Lasers
- Semiconductor Lasers
By Process
- Flame Cutting
- Fusion Cutting
- Sublimation Cutting
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AMADA CO., LTD.
- TRUMPF SE + Co. KG
- FANUC Corporation
- Bystronic Laser AG
- Coherent Corp.
- IPG Photonics Corporation
- Jenoptik AG
- DPSS Lasers, Inc.
- Epilog Laser
- Kern Laser Systems
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Laser Cutting Machines Market, by Application
1.4.2 Asia Pacific Laser Cutting Machines Market, by Technology
1.4.3 Asia Pacific Laser Cutting Machines Market, by Process
1.4.4 Asia Pacific Laser Cutting Machines Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Mar – 2023, Apr) Leading Players
Chapter 4. Asia Pacific Laser Cutting Machines Market by Application
4.1 Asia Pacific Industrial Market by Country
4.2 Asia Pacific Automotive Market by Country
4.3 Asia Pacific Consumer Electronics Market by Country
4.4 Asia Pacific Defense & Aerospace Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Laser Cutting Machines Market by Technology
5.1 Asia Pacific Solid State Lasers Market by Country
5.2 Asia Pacific Gas Lasers Market by Country
5.3 Asia Pacific Semiconductor Lasers Market by Country
Chapter 6. Asia Pacific Laser Cutting Machines Market by Process
6.1 Asia Pacific Flame Cutting Market by Country
6.2 Asia Pacific Fusion Cutting Market by Country
6.3 Asia Pacific Sublimation Cutting Market by Country
Chapter 7. Asia Pacific Laser Cutting Machines Market by Country
7.1 China Laser Cutting Machines Market
7.1.1 China Laser Cutting Machines Market by Application
7.1.2 China Laser Cutting Machines Market by Technology
7.1.3 China Laser Cutting Machines Market by Process
7.2 Japan Laser Cutting Machines Market
7.2.1 Japan Laser Cutting Machines Market by Application
7.2.2 Japan Laser Cutting Machines Market by Technology
7.2.3 Japan Laser Cutting Machines Market by Process
7.3 India Laser Cutting Machines Market
7.3.1 India Laser Cutting Machines Market by Application
7.3.2 India Laser Cutting Machines Market by Technology
7.3.3 India Laser Cutting Machines Market by Process
7.4 South Korea Laser Cutting Machines Market
7.4.1 South Korea Laser Cutting Machines Market by Application
7.4.2 South Korea Laser Cutting Machines Market by Technology
7.4.3 South Korea Laser Cutting Machines Market by Process
7.5 Singapore Laser Cutting Machines Market
7.5.1 Singapore Laser Cutting Machines Market by Application
7.5.2 Singapore Laser Cutting Machines Market by Technology
7.5.3 Singapore Laser Cutting Machines Market by Process
7.6 Malaysia Laser Cutting Machines Market
7.6.1 Malaysia Laser Cutting Machines Market by Application
7.6.2 Malaysia Laser Cutting Machines Market by Technology
7.6.3 Malaysia Laser Cutting Machines Market by Process
7.7 Rest of Asia Pacific Laser Cutting Machines Market
7.7.1 Rest of Asia Pacific Laser Cutting Machines Market by Application
7.7.2 Rest of Asia Pacific Laser Cutting Machines Market by Technology
7.7.3 Rest of Asia Pacific Laser Cutting Machines Market by Process
Chapter 8. Company Profiles
8.1 AMADA CO., LTD.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Product Launches and Product Expansions:
8.1.4.2 Acquisition and Mergers:
8.1.5 SWOT Analysis
8.2 TRUMPF SE + Co. KG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.3 FANUC Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Product & Service and Regional Analysis
8.3.4 Research & Development Expense
8.4 Bystronic Laser AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Geographical Expansions:
8.5 Coherent Corp.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 IPG Photonics Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Jenoptik AG
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.8 Epilog Laser
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Kern Laser Systems
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. DPSS Lasers, Inc.
8.10.1 Company Overview
TABLE 1 Asia Pacific Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Laser Cutting Machines Market
TABLE 4 Product Launches And Product Expansions– Laser Cutting Machines Market
TABLE 5 Acquisition and Mergers– Laser Cutting Machines Market
TABLE 6 Geographical Expansions– Laser Cutting Machines Market
TABLE 7 Asia Pacific Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Industrial Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Automotive Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Defense & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Defense & Aerospace Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Solid State Lasers Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Solid State Lasers Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Gas Lasers Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Gas Lasers Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Semiconductor Lasers Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Semiconductor Lasers Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Flame Cutting Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Flame Cutting Market by Country, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Fusion Cutting Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Fusion Cutting Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Sublimation Cutting Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Sublimation Cutting Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific Laser Cutting Machines Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Laser Cutting Machines Market by Country, 2023 - 2029, USD Million
TABLE 37 China Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 38 China Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 39 China Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 40 China Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 41 China Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 42 China Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 43 China Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 44 China Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 45 Japan Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 46 Japan Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 47 Japan Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 48 Japan Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 49 Japan Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 50 Japan Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 51 Japan Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 52 Japan Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 53 India Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 54 India Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 55 India Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 56 India Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 57 India Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 58 India Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 59 India Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 60 India Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 61 South Korea Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 62 South Korea Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 63 South Korea Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 64 South Korea Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 65 South Korea Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 66 South Korea Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 67 South Korea Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 68 South Korea Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 69 Singapore Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 70 Singapore Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 71 Singapore Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 72 Singapore Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 73 Singapore Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 74 Singapore Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 75 Singapore Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 76 Singapore Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 77 Malaysia Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 78 Malaysia Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 79 Malaysia Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 80 Malaysia Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 81 Malaysia Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 82 Malaysia Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 83 Malaysia Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 84 Malaysia Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 85 Rest of Asia Pacific Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 87 Rest of Asia Pacific Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 89 Rest of Asia Pacific Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 90 Rest of Asia Pacific Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 91 Rest of Asia Pacific Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 92 Rest of Asia Pacific Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 93 Key Information – AMADA CO., LTD.
TABLE 94 Key Information – TRUMPF SE + Co. KG
TABLE 95 key information – FANUC Corporation
TABLE 96 Key information – Bystronic Laser AG
TABLE 97 Key Information – Coherent Corp.
TABLE 98 Key Information – IPG Photonics Corporation
TABLE 99 Key Information – Jenoptik AG
TABLE 100 Key Information – Epilog Laser
TABLE 101 key Information – Kern Laser Systems
TABLE 102 Key Information – DPSS Lasers Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, Mar – 2023, Apr) Leading Players
FIG 5 Asia Pacific Laser Cutting Machines Market share by Application, 2022
FIG 6 Asia Pacific Laser Cutting Machines Market share by Application, 2029
FIG 7 Asia Pacific Laser Cutting Machines Market by Application, 2019 - 2029, USD Million
FIG 8 Asia Pacific Laser Cutting Machines Market share by Technology, 2022
FIG 9 Asia Pacific Laser Cutting Machines Market share by Technology, 2029
FIG 10 Asia Pacific Laser Cutting Machines Market by Technology, 2019 - 2029, USD Million
FIG 11 Asia Pacific Laser Cutting Machines Market share by Process, 2022
FIG 12 Asia Pacific Laser Cutting Machines Market share by Process, 2029
FIG 13 Asia Pacific Laser Cutting Machines Market by Process, 2019 - 2029, USD Million
FIG 14 Asia Pacific Laser Cutting Machines Market share by Country, 2022
FIG 15 Asia Pacific Laser Cutting Machines Market share by Country, 2029
FIG 16 Asia Pacific Laser Cutting Machines Market by Country, 2019 - 2029, USD Million
FIG 17 SWOT Analysis: Amada Co., Ltd.
FIG 18 Recent strategies and developments: TRUMPF SE + Co. KG