Laser cutting machine is a machine which uses laser beam to cut materials such as acrylic, plastic, wood, fabric, and many other non-metallic materials. 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.
Europe was the largest production market with a market share of 29.42% in 2012 and 26.78% in 2017 with a decrease of 2.64%. North America ranked the second market with the market share of 24.76% in 2016.
Laser Cutting Machines product demand market there is also a certain space, but basically showing the scarcity of high-end products, and low-end products, excess capacity. Along with the development of Chinese domestic Laser Cutting Machines, Chinese domestic Laser Cutting Machines has been very mature and advanced, and the performance distance has been shortening compared with the imported Laser Cutting Machines.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
Although sales of Laser Cutting Machines brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Laser Cutting Machines field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Laser Cutting Machines industry is not only begin to transit to high-end Laser Cutting Machines products, while still extend in the resource-rich land and downstream industry chain.

According to this study, over the next five years the Laser Cutting Machine market will register a 9.7% CAGR in terms of revenue, the global market size will reach USD 5880 million by 2024, from USD 3360 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Laser Cutting Machine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Cutting Machine market by product type, application, key manufacturers and key regions and countries.

This study considers the Laser Cutting Machine value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
YAG Cutting Machine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metal Materials Cutting
Non-metal Materials Cutting

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Trumpf
Han'S Laser
Bystronic
Mazak
Amada
Coherent
Prima Power
Mitsubishi Electric
HG Laser
Koike
DMG MORI
Tianqi Laser
Unity Laser
LVD
Cincinnati
Universal Laser Systems
Tanaka
Penta-Chutian
IPG Photonics
Lead Laser
Epilog Laser
Trotec
GF
CTR Lasers
Spartanics
Microlution
Boye Laser
Kaitian Laser
HE Laser
Golden Laser

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Laser Cutting Machine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Laser Cutting Machine market by identifying its various subsegments.
Focuses on the key global Laser Cutting Machine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Laser Cutting Machine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Laser Cutting Machine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.