The Europe Laser Cutting Machines Market would witness market growth of 4.8% CAGR during the forecast period (2023-2029).
During the forecast period, it is anticipated that the growing rate of automation in the manufacturing sector and the rising demand for the end-use industry will increase the demand for laser cutting, thereby bolstering the growth of the market.
Automotive, electronics, packaging, pharmaceuticals, HVAC, and other end-use industries progressively utilize automated laser-cutting machines. Additionally, the end-use industries utilize these devices extensively to produce high-quality goods efficiently. As a result of the growing trend toward automation, manufacturers can now automate a wide variety of processes, including laser cutting. Due to decreased downtime and the need for energy efficiency, manufacturers are investing in laser cutting automation, thereby driving the market growth.
The increasing industrial adoption of laser cutting fuels the development of the market. In addition, the real-time information exchange made possible by 4.0 technologies like data analytics and the Internet of Things (IoT) is helping to maximize the effectiveness of laser cutting machinery. This communication allows for optimal output by enabling operators to monitor and manage production processes. As a result, manufacturers seek to improve operating cost effectiveness, reduce disruption, and increase output.
In the whole electrical and electronic materials, components, and equipment value chain, Germany has an unrivaled concentration of renowned R&D institutions, leading manufacturers, and suppliers. These include microelectronic components, electronic medical devices, automobile electronics, electrical domestic appliances, and automation systems. As a result, there are numerous and varied investment opportunities available. The Internet of Things (IoT) is one of the digital enterprise's most potent innovation accelerators. Nearly every industry that employs internet-connected devices or sensors has applications, including manufacturing, retail, construction, and transportation. The utilization of laser cutting machines is anticipated to rise with the development of new electronic products, stimulating market growth in Europe.
The Germany market dominated the Europe Laser Cutting Machines Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $577.6 million by 2029. The UK market is anticipated to grow at a CAGR of 3.9% during (2023 - 2029). Additionally, The France market would register a CAGR of 5.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Laser Cutting Machines Market, by Application
1.4.2 Europe Laser Cutting Machines Market, by Technology
1.4.3 Europe Laser Cutting Machines Market, by Process
1.4.4 Europe 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. Europe Laser Cutting Machines Market by Application
4.1 Europe Industrial Market by Country
4.2 Europe Automotive Market by Country
4.3 Europe Consumer Electronics Market by Country
4.4 Europe Defense & Aerospace Market by Country
4.5 Europe Others Market by Country
Chapter 5. Europe Laser Cutting Machines Market by Technology
5.1 Europe Solid State Lasers Market by Country
5.2 Europe Gas Lasers Market by Country
5.3 Europe Semiconductor Lasers Market by Country
Chapter 6. Europe Laser Cutting Machines Market by Process
6.1 Europe Flame Cutting Market by Country
6.2 Europe Fusion Cutting Market by Country
6.3 Europe Sublimation Cutting Market by Country
Chapter 7. Europe Laser Cutting Machines Market by Country
7.1 Germany Laser Cutting Machines Market
7.1.1 Germany Laser Cutting Machines Market by Application
7.1.2 Germany Laser Cutting Machines Market by Technology
7.1.3 Germany Laser Cutting Machines Market by Process
7.2 UK Laser Cutting Machines Market
7.2.1 UK Laser Cutting Machines Market by Application
7.2.2 UK Laser Cutting Machines Market by Technology
7.2.3 UK Laser Cutting Machines Market by Process
7.3 France Laser Cutting Machines Market
7.3.1 France Laser Cutting Machines Market by Application
7.3.2 France Laser Cutting Machines Market by Technology
7.3.3 France Laser Cutting Machines Market by Process
7.4 Russia Laser Cutting Machines Market
7.4.1 Russia Laser Cutting Machines Market by Application
7.4.2 Russia Laser Cutting Machines Market by Technology
7.4.3 Russia Laser Cutting Machines Market by Process
7.5 Spain Laser Cutting Machines Market
7.5.1 Spain Laser Cutting Machines Market by Application
7.5.2 Spain Laser Cutting Machines Market by Technology
7.5.3 Spain Laser Cutting Machines Market by Process
7.6 Italy Laser Cutting Machines Market
7.6.1 Italy Laser Cutting Machines Market by Application
7.6.2 Italy Laser Cutting Machines Market by Technology
7.6.3 Italy Laser Cutting Machines Market by Process
7.7 Rest of Europe Laser Cutting Machines Market
7.7.1 Rest of Europe Laser Cutting Machines Market by Application
7.7.2 Rest of Europe Laser Cutting Machines Market by Technology
7.7.3 Rest of Europe 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 Europe Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 2 Europe 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 Europe Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 8 Europe Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 9 Europe Industrial Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Industrial Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Defense & Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Defense & Aerospace Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 20 Europe Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 21 Europe Solid State Lasers Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Solid State Lasers Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Gas Lasers Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Gas Lasers Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Semiconductor Lasers Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Semiconductor Lasers Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 28 Europe Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 29 Europe Flame Cutting Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Flame Cutting Market by Country, 2023 - 2029, USD Million
TABLE 31 Europe Fusion Cutting Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Fusion Cutting Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Sublimation Cutting Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Sublimation Cutting Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe Laser Cutting Machines Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Laser Cutting Machines Market by Country, 2023 - 2029, USD Million
TABLE 37 Germany Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 38 Germany Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 39 Germany Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 40 Germany Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 41 Germany Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 42 Germany Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 43 Germany Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 44 Germany Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 45 UK Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 46 UK Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 47 UK Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 48 UK Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 49 UK Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 50 UK Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 51 UK Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 52 UK Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 53 France Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 54 France Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 55 France Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 56 France Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 57 France Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 58 France Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 59 France Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 60 France Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 61 Russia Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 62 Russia Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 63 Russia Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 64 Russia Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 65 Russia Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 66 Russia Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 67 Russia Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 68 Russia Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 69 Spain Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 70 Spain Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 71 Spain Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 72 Spain Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 73 Spain Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 74 Spain Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 75 Spain Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 76 Spain Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 77 Italy Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 78 Italy Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 79 Italy Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 80 Italy Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 81 Italy Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 82 Italy Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 83 Italy Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 84 Italy Laser Cutting Machines Market by Process, 2023 - 2029, USD Million
TABLE 85 Rest of Europe Laser Cutting Machines Market, 2019 - 2022, USD Million
TABLE 86 Rest of Europe Laser Cutting Machines Market, 2023 - 2029, USD Million
TABLE 87 Rest of Europe Laser Cutting Machines Market by Application, 2019 - 2022, USD Million
TABLE 88 Rest of Europe Laser Cutting Machines Market by Application, 2023 - 2029, USD Million
TABLE 89 Rest of Europe Laser Cutting Machines Market by Technology, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Laser Cutting Machines Market by Technology, 2023 - 2029, USD Million
TABLE 91 Rest of Europe Laser Cutting Machines Market by Process, 2019 - 2022, USD Million
TABLE 92 Rest of Europe 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 Europe Laser Cutting Machines Market SHARE by Application, 2022
FIG 6 Europe Laser Cutting Machines Market share by Application, 2029
FIG 7 Europe Laser Cutting Machines Market by Application, 2019 - 2029, USD Million
FIG 8 Europe Laser Cutting Machines Market share by Technology, 2022
FIG 9 Europe Laser Cutting Machines Market share by Technology, 2029
FIG 10 Europe Laser Cutting Machines Market by Technology, 2019 - 2029, USD Million
FIG 11 Europe Laser Cutting Machines Market share by Process, 2022
FIG 12 Europe Laser Cutting Machines Market share by Process, 2029
FIG 13 Europe Laser Cutting Machines Market by Process, 2019 - 2029, USD Million
FIG 14 Europe Laser Cutting Machines Market share by Country, 2022
FIG 15 Europe Laser Cutting Machines Market share by Country, 2029
FIG 16 Europe 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