What's Driving the Investment in Laser Cutting Machines Market for 2020-2030: Future Scope and Growth Analysis- Coherent Incorporation, Jenoptik Laser GmbH, ALPHA Laser GmbH, Bystronic Incorporated, Epilog Laser Inc

According to a new report published by Allied Market Research, titled,"Laser Cutting Machines Market by Technology, Process, and End User: Global Opportunity Analysis and Industry Forecast, 2020-2030", the global laser cutting machines market is expected to reach $5.7 billion by 2022, growing at a CAGR of 9.3% from 2016.

Key players profiled in the report include Coherent Incorporation, Jenoptik Laser GmbH, ALPHA Laser GmbH, Bystronic Incorporated, Epilog Laser Inc., IPG Photonics Corporation, Trumpf GMBH + Co. Kg, and Amada Miyachi Company, Ltd.

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Key Benefits

o The report gives extensive details about the current and possible future scenarios of the laser cutting machines market.

o The report covers in depth study about the new emerging strategies and the present strategies adopted by the companies involved in the market.

o The report provides Porters Five Forces analysis to understand all the factors that affect the market.

o This report provides in depth quantitative analysis about the current market and predicts the future behavior, which assists in finding new market opportunities.

o This report provides comprehensive segmentation of the market along with the market leaders of different categories.

Laser cutting machines are used for metal processing by cutting different types of metals. The improved quality of cutting provided by the laser cutting processes along with the automation abilities integrated in the system drive the market. Demand for increased production also boost the market. However, presence of substitute machinery and high R&D budget negatively affect the market. The technological advancements possible along with the new features already being introduced fuel the market growth.

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Based on technology, laser cutting machines market is segmented into solid state laser, gas laser, and semiconductor laser. Solid state laser was the highest revenue contributor and accounted for around 40% share of the overall market in 2015. However, gas laser is expected to witness rapid growth during the forecast period.

Based on processes, laser cutting machines market is divided into fusion cutting, flame cutting, and sublimation cutting. Flame cutting segment constituted largest market share in 2015 however, fusion cutting segment registered a highest CAGR of 9.7%, during the forecast period.

Based on end user, laser cutting machines market is classified into automotive, consumer electronics, defense & aerospace, industrial, and others. Among all end users, industrial segment generated the highest revenue.

Laser Cutting Machines Market Is Expected to Reach $5.7 Billion, Globally, by 2022: https://www.whatech.com/market-research/industrial/647573-laser-cutting-machines-market-to-be-worth-5-7-billion-by-2022-what-s-driving-the-investment

In 2019, North America was the highest revenue contributor, with over 30% of the global market share. Asia-Pacific is expected to be the fastest growing region during the analysis period owing to increase in number of manufacturing facilities and increase in purchasing power of people in the developing nations.

CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Overview
2.2 Market Snapshot
2.3 CXO perspective

CHAPTER 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key Findings

3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Porters Five Forces analysis

3.3.1 Moderate bargaining power of suppliers due to large vertical integration among companies and high switching cost
3.3.2 High bargaining power of buyer due to availability of substitutes, and low switching costs
3.3.3 Availability of substitutes increases threat of substitutes
3.3.4 Low threat of new entrants due to presence of dominant players and high barriers to entry
3.3.5 Low brand loyalty, high switching costs and high degree of vertical integration increase the competition among rivalries

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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