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Global Laser Cutting Service Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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1 Market Overview

  • 1.1 Product Overview and Scope of Laser Cutting Service
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Laser Cutting Service Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 CO2 Laser Cutting Machine
    • 1.3.3 Fiber Laser Cutting Machine
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Laser Cutting Service Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Automotive
    • 1.4.3 Aerospace and Defense
    • 1.4.4 Machine Industry
    • 1.4.5 Consumer Electronics
    • 1.4.6 Others
  • 1.5 Global Laser Cutting Service Market Size & Forecast
    • 1.5.1 Global Laser Cutting Service Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Laser Cutting Service Sales Quantity (2018-2029)
    • 1.5.3 Global Laser Cutting Service Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 Trumpf
    • 2.1.1 Trumpf Details
    • 2.1.2 Trumpf Major Business
    • 2.1.3 Trumpf Laser Cutting Service Product and Services
    • 2.1.4 Trumpf Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Trumpf Recent Developments/Updates
  • 2.2 Bystronic
    • 2.2.1 Bystronic Details
    • 2.2.2 Bystronic Major Business
    • 2.2.3 Bystronic Laser Cutting Service Product and Services
    • 2.2.4 Bystronic Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Bystronic Recent Developments/Updates
  • 2.3 Mazak
    • 2.3.1 Mazak Details
    • 2.3.2 Mazak Major Business
    • 2.3.3 Mazak Laser Cutting Service Product and Services
    • 2.3.4 Mazak Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Mazak Recent Developments/Updates
  • 2.4 Amada
    • 2.4.1 Amada Details
    • 2.4.2 Amada Major Business
    • 2.4.3 Amada Laser Cutting Service Product and Services
    • 2.4.4 Amada Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Amada Recent Developments/Updates
  • 2.5 Prima Power
    • 2.5.1 Prima Power Details
    • 2.5.2 Prima Power Major Business
    • 2.5.3 Prima Power Laser Cutting Service Product and Services
    • 2.5.4 Prima Power Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Prima Power Recent Developments/Updates
  • 2.6 Mitsubishi Electric
    • 2.6.1 Mitsubishi Electric Details
    • 2.6.2 Mitsubishi Electric Major Business
    • 2.6.3 Mitsubishi Electric Laser Cutting Service Product and Services
    • 2.6.4 Mitsubishi Electric Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Mitsubishi Electric Recent Developments/Updates
  • 2.7 Trotec
    • 2.7.1 Trotec Details
    • 2.7.2 Trotec Major Business
    • 2.7.3 Trotec Laser Cutting Service Product and Services
    • 2.7.4 Trotec Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Trotec Recent Developments/Updates
  • 2.8 Coherent
    • 2.8.1 Coherent Details
    • 2.8.2 Coherent Major Business
    • 2.8.3 Coherent Laser Cutting Service Product and Services
    • 2.8.4 Coherent Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Coherent Recent Developments/Updates
  • 2.9 LVD
    • 2.9.1 LVD Details
    • 2.9.2 LVD Major Business
    • 2.9.3 LVD Laser Cutting Service Product and Services
    • 2.9.4 LVD Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 LVD Recent Developments/Updates
  • 2.10 EO Technics
    • 2.10.1 EO Technics Details
    • 2.10.2 EO Technics Major Business
    • 2.10.3 EO Technics Laser Cutting Service Product and Services
    • 2.10.4 EO Technics Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 EO Technics Recent Developments/Updates
  • 2.11 Tanaka
    • 2.11.1 Tanaka Details
    • 2.11.2 Tanaka Major Business
    • 2.11.3 Tanaka Laser Cutting Service Product and Services
    • 2.11.4 Tanaka Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Tanaka Recent Developments/Updates
  • 2.12 IPG Photonics
    • 2.12.1 IPG Photonics Details
    • 2.12.2 IPG Photonics Major Business
    • 2.12.3 IPG Photonics Laser Cutting Service Product and Services
    • 2.12.4 IPG Photonics Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 IPG Photonics Recent Developments/Updates
  • 2.13 Cincinnati
    • 2.13.1 Cincinnati Details
    • 2.13.2 Cincinnati Major Business
    • 2.13.3 Cincinnati Laser Cutting Service Product and Services
    • 2.13.4 Cincinnati Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Cincinnati Recent Developments/Updates
  • 2.14 Koike
    • 2.14.1 Koike Details
    • 2.14.2 Koike Major Business
    • 2.14.3 Koike Laser Cutting Service Product and Services
    • 2.14.4 Koike Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Koike Recent Developments/Updates
  • 2.15 GF
    • 2.15.1 GF Details
    • 2.15.2 GF Major Business
    • 2.15.3 GF Laser Cutting Service Product and Services
    • 2.15.4 GF Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 GF Recent Developments/Updates
  • 2.16 Han'S Laser
    • 2.16.1 Han'S Laser Details
    • 2.16.2 Han'S Laser Major Business
    • 2.16.3 Han'S Laser Laser Cutting Service Product and Services
    • 2.16.4 Han'S Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 Han'S Laser Recent Developments/Updates
  • 2.17 Jinan Bodor
    • 2.17.1 Jinan Bodor Details
    • 2.17.2 Jinan Bodor Major Business
    • 2.17.3 Jinan Bodor Laser Cutting Service Product and Services
    • 2.17.4 Jinan Bodor Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.17.5 Jinan Bodor Recent Developments/Updates
  • 2.18 HG Laser
    • 2.18.1 HG Laser Details
    • 2.18.2 HG Laser Major Business
    • 2.18.3 HG Laser Laser Cutting Service Product and Services
    • 2.18.4 HG Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.18.5 HG Laser Recent Developments/Updates
  • 2.19 Chutian Laser
    • 2.19.1 Chutian Laser Details
    • 2.19.2 Chutian Laser Major Business
    • 2.19.3 Chutian Laser Laser Cutting Service Product and Services
    • 2.19.4 Chutian Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.19.5 Chutian Laser Recent Developments/Updates
  • 2.20 Tianqi Laser
    • 2.20.1 Tianqi Laser Details
    • 2.20.2 Tianqi Laser Major Business
    • 2.20.3 Tianqi Laser Laser Cutting Service Product and Services
    • 2.20.4 Tianqi Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.20.5 Tianqi Laser Recent Developments/Updates
  • 2.21 Lead Laser
    • 2.21.1 Lead Laser Details
    • 2.21.2 Lead Laser Major Business
    • 2.21.3 Lead Laser Laser Cutting Service Product and Services
    • 2.21.4 Lead Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.21.5 Lead Laser Recent Developments/Updates
  • 2.22 Boye Laser
    • 2.22.1 Boye Laser Details
    • 2.22.2 Boye Laser Major Business
    • 2.22.3 Boye Laser Laser Cutting Service Product and Services
    • 2.22.4 Boye Laser Laser Cutting Service Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.22.5 Boye Laser Recent Developments/Updates

3 Competitive Environment: Laser Cutting Service by Manufacturer

  • 3.1 Global Laser Cutting Service Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Laser Cutting Service Revenue by Manufacturer (2018-2023)
  • 3.3 Global Laser Cutting Service Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Laser Cutting Service by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Laser Cutting Service Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Laser Cutting Service Manufacturer Market Share in 2022
  • 3.5 Laser Cutting Service Market: Overall Company Footprint Analysis
    • 3.5.1 Laser Cutting Service Market: Region Footprint
    • 3.5.2 Laser Cutting Service Market: Company Product Type Footprint
    • 3.5.3 Laser Cutting Service Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Laser Cutting Service Market Size by Region
    • 4.1.1 Global Laser Cutting Service Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Laser Cutting Service Consumption Value by Region (2018-2029)
    • 4.1.3 Global Laser Cutting Service Average Price by Region (2018-2029)
  • 4.2 North America Laser Cutting Service Consumption Value (2018-2029)
  • 4.3 Europe Laser Cutting Service Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Laser Cutting Service Consumption Value (2018-2029)
  • 4.5 South America Laser Cutting Service Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Laser Cutting Service Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 5.2 Global Laser Cutting Service Consumption Value by Type (2018-2029)
  • 5.3 Global Laser Cutting Service Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 6.2 Global Laser Cutting Service Consumption Value by Application (2018-2029)
  • 6.3 Global Laser Cutting Service Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 7.2 North America Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 7.3 North America Laser Cutting Service Market Size by Country
    • 7.3.1 North America Laser Cutting Service Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Laser Cutting Service Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 8.2 Europe Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 8.3 Europe Laser Cutting Service Market Size by Country
    • 8.3.1 Europe Laser Cutting Service Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Laser Cutting Service Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Laser Cutting Service Market Size by Region
    • 9.3.1 Asia-Pacific Laser Cutting Service Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Laser Cutting Service Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 10.2 South America Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 10.3 South America Laser Cutting Service Market Size by Country
    • 10.3.1 South America Laser Cutting Service Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Laser Cutting Service Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Laser Cutting Service Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Laser Cutting Service Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Laser Cutting Service Market Size by Country
    • 11.3.1 Middle East & Africa Laser Cutting Service Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Laser Cutting Service Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Laser Cutting Service Market Drivers
  • 12.2 Laser Cutting Service Market Restraints
  • 12.3 Laser Cutting Service Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Laser Cutting Service and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Laser Cutting Service
  • 13.3 Laser Cutting Service Production Process
  • 13.4 Laser Cutting Service Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Laser Cutting Service Typical Distributors
  • 14.3 Laser Cutting Service Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Laser Cutting Service market size was valued at USD 4586.8 million in 2022 and is forecast to a readjusted size of USD 9020.7 million by 2029 with a CAGR of 10.1% during review period.
    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.
    Global laser cutting machines key players include Trumpf, Mazak, Bystronic, Amada, Han'S Laser, etc. Global top 5 manufacturers hold a share over 40%.
    Europe is the largest market, with a share over 32%, followed by China, have a share about 25 percent. In terms of product type, Fiber Laser Cutting Machine occupies the largest share of the total market, over 50%. And in terms of application, the largest application is Automotive, followed by Machine Industry.
    The Global Info Research report includes an overview of the development of the Laser Cutting Service industry chain, the market status of Automotive (CO2 Laser Cutting Machine, Fiber Laser Cutting Machine), Aerospace and Defense (CO2 Laser Cutting Machine, Fiber Laser Cutting Machine), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Laser Cutting Service.
    Regionally, the report analyzes the Laser Cutting Service markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Laser Cutting Service market, with robust domestic demand, supportive policies, and a strong manufacturing base.
    Key Features:
    The report presents comprehensive understanding of the Laser Cutting Service market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Laser Cutting Service industry.
    The report involves analyzing the market at a macro level:
    Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., CO2 Laser Cutting Machine, Fiber Laser Cutting Machine).
    Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Laser Cutting Service market.
    Regional Analysis: The report involves examining the Laser Cutting Service market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
    Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Laser Cutting Service market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
    The report also involves a more granular approach to Laser Cutting Service:
    Company Analysis: Report covers individual Laser Cutting Service manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
    Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Laser Cutting Service This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace and Defense).
    Technology Analysis: Report covers specific technologies relevant to Laser Cutting Service. It assesses the current state, advancements, and potential future developments in Laser Cutting Service areas.
    Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Laser Cutting Service market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
    Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
    Market Segmentation
    Laser Cutting Service market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
    Market segment by Type
    CO2 Laser Cutting Machine
    Fiber Laser Cutting Machine
    Others
    Market segment by Application
    Automotive
    Aerospace and Defense
    Machine Industry
    Consumer Electronics
    Others
    Major players covered
    Trumpf
    Bystronic
    Mazak
    Amada
    Prima Power
    Mitsubishi Electric
    Trotec
    Coherent
    LVD
    EO Technics
    Tanaka
    IPG Photonics
    Cincinnati
    Koike
    GF
    Han'S Laser
    Jinan Bodor
    HG Laser
    Chutian Laser
    Tianqi Laser
    Lead Laser
    Boye Laser
    Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Laser Cutting Service product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Laser Cutting Service, with price, sales, revenue and global market share of Laser Cutting Service from 2018 to 2023.
    Chapter 3, the Laser Cutting Service competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Laser Cutting Service breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Laser Cutting Service market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
    Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Laser Cutting Service.
    Chapter 14 and 15, to describe Laser Cutting Service sales channel, distributors, customers, research findings and conclusion.

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