CNC Fiber Laser Market—Forecast till 2030

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By the end of 2030, it is anticipated that the global CNC fiber laser market would have grown at a CAGR of 7.1%, reaching USD 2.5 billion.

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Description

CNC Fiber Laser Market Forecast to 2030

Market Overview

By the end of 2030, it is anticipated that the global CNC fiber laser market would have grown at a CAGR of 7.1%, reaching USD 2.5 billion. A CNC laser cutter is a piece of machinery that uses a concentrated, powerful laser beam to mark, cut, or engrave a material to create customized forms. Because of its unique construction and functionality, it is incredibly accurate, especially when creating delicate forms and tiny holes.

In CNC lasers, the focusing lens is cooled by compressed gas, which is also utilized to evacuate the laser beam and evaporated metal from the workpiece. The market growth is attributed to the growing use of automation technologies in developing nations like India, Brazil, Mexico, Vietnam, and Cambodia would create new growth opportunities for CNC Fiber Laser/Laser producers. Due to the COVID-19 epidemic, there is a demand for important tools, with CNC manufacturers being recognized as an integral component of essential services

Segment Overview

The market for CNC fiber lasers has been divided into different categories depending on the kind, end-user, application, and region.

CNC CO2 laser cutters, CNC crystal laser cutters, and CNC fibre laser cutters are the three product categories under which the CNC Fiber Laser Market is divided. Stationary Gantry Type and Movable Gantry Type are sub-segments of the Type segment. In the next ten years, it’s anticipated that the Movable Gantry Type category will have significant revenue growth.

The CNC Fiber Laser Market is divided into Wood Working, Stone Working, Metal Working, and Others based on application.

The CNC Fiber Laser Market is divided into the Automotive, Building & Construction, Consumer Electronics, Aerospace & Defense, Medical, Energy & Power, Furniture, Transportation, and Other sectors based on the end user.

Regional Analysis

Asia-Pacific drove the Worldwide CNC Fiber Laser Market in 2021, while the market in Asia-Pacific is supposed to enlist the most noteworthy CAGR during the conjecture time frame. Besides, expanding work costs in the district are supposed to bring about the reception of CNC Fiber Laser/Laser over the customary machining process, driving the market development. In addition, the developing interests in the aviation and guard industry are likewise expected to help the development of the market in the Americas all through the estimated period.

The CNC Fiber Laser/Laser market in Europe is supposed to develop at an outstanding rate during the figure time frame, chiefly because of the expansion in the reception of cutting-edge innovation and import and product exercises in the locale. Besides, the locale is a center point for the car business because of the presence of driving makers with high creation limits, like Audi, BMW, and Volvo.

Major Players

The major players operating in CNC Fiber Laser Market include Mcmillanco, Llc, Zinser Gmbh, Accurl, Gmt Engineers Private Limited., Precision Waterjet & Laser, Hpc Laser Ltd., Ctr Lasers, Mantech Machinery Ltd., Hglaser Engineering Co. Ltd, Yamazaki Mazak Corporation, Mitsubishi Electric Corporation, Messer Cutting Systems Gmbh, Bodor, and Multicam Inc.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 18

2 MARKET INTRODUCTION 21

2.1 DEFINITION 21

2.2 SCOPE OF THE STUDY 21

2.3 MARKET STRUCTURE 22

3 RESEARCH METHODOLOGY 23

4 MARKET DYNAMICS 30

4.1 OVERVIEW 30

4.2 DRIVERS 31

4.2.1 GROWING DEMAND FOR AUTOMATION 31

4.2.2 RISING DEMAND FOR HIGH QUALITY PRODUCTS 31

4.3 RESTRAINTS 33

4.3.1 LACK OF SKILLED LABOUR 33

4.4 OPPORTUNITIES 34

4.4.1 GROWING DEMAND FOR 3D PRINTERS IN INDUSTRIAL MANUFACTURING 34

4.4.2 GROWING BENEFITS OF FIBER LASER CUTTING OVER TRADITIONAL CO2 LASERS 34

4.5 CHALLENGES 35

4.5.1 MULTIPLE DOWNSIDES OF LASER CUTTING 35

4.6 COVID-19 IMPACT ANALYSIS 36

4.6.1 IMPACT ON SEMICONDUCTOR COMPONENT MANUFACTURERS 36

4.6.2 IMPACT ON THE GLOBAL CNC FIBER LASER MARKET 36

4.6.2.1 IMPACT ON SUPPLY CHAIN 37

4.6.2.2 PRICE VARIATION OF KEY RAW MATERIALS 37

4.6.2.3 PRODUCTION SHUTDOWN 37

4.6.2.4 IMPACT ON MARKET DEMAND 38

4.6.3 IMPACT ON CNC TECHNOLOGY 39

5 MARKET FACTOR ANALYSIS 41

5.1 VALUE CHAIN ANALYSIS 41

5.1.1 RESEARCH & DEVELOPMENT CENTERS 41

5.1.2 MATERIAL, COMPONENT, AND PARTS SUPPLIERS 41

5.1.3 CNC FIBER LASER/LASER MANUFACTURERS 41

5.1.4 SYSTEM INTEGRATORS 42

5.1.5 END-USE APPLICATIONS 42

5.2 PORTER’S FIVE FORCES 43

5.2.1 THREAT OF NEW ENTRANTS 43

5.2.2 BARGAINING POWER OF SUPPLIERS 44

5.2.3 THREAT OF SUBSTITUTES 44

5.2.4 BARGAINING POWER OF BUYERS 44

5.2.5 INTENSITY OF RIVALRY 44

6 GLOBAL CNC FIBER LASER MARKET, BY PRODUCT 45

6.1 OVERVIEW 45

6.1.1 GLOBAL CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 46

6.2 CNC CO2 LASER CUTTER 46

6.3 CNC CRYSTAL LASER CUTTER 46

6.4 CNC FIBER LASER CUTTER 46

7 GLOBAL CNC FIBER LASER MARKET, BY TYPE 47

7.1 OVERVIEW 47

7.1.1 GLOBAL CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 48

7.2 STATIONARY GANTRY TYPE 48

7.3 MOVABLE GANTRY TYPE 48

8 GLOBAL CNC FIBER LASER MARKET, BY APPLICATION 49

8.1 OVERVIEW 49

8.1.1 GLOBAL CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 50

8.2 WOOD WORKING 50

8.3 STONE WORKING 50

8.4 METAL WORKING 51

8.5 OTHERS 51

9 GLOBAL CNC FIBER LASER MARKET, BY END USER 52

9.1 OVERVIEW 52

9.1.1 GLOBAL CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 53

9.2 AUTOMOTIVE 53

9.3 BUILDING & CONSTRUCTION 53

9.4 CONSUMER ELECTRONICS 54

9.5 AEROSPACE & DEFENSE 54

9.6 MEDICAL 54

9.7 ENERGY & POWER 55

9.8 FURNITURE 55

9.9 TRANSPORTATION 55

9.10 OTHERS 55

10 GLOBAL CNC FIBER LASER MARKET, BY REGION 56

10.1 OVERVIEW 56

10.1.1 GLOBAL CNC FIBER LASER MARKET, BY REGION, 2021 VS 2030 (USD MILLION) 56

10.1.2 GLOBAL CNC FIBER LASER MARKET, BY REGION, 2018–2030 (USD MILLION) 57

10.2 NORTH AMERICA 58

10.2.1 NORTH AMERICA: CNC FIBER LASER MARKET, BY COUNTRY, 2018–2027 (USD MILLION) 59

10.2.2 NORTH AMERICA CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 59

10.2.3 NORTH AMERICA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2027 (USD MILLION) 60

10.2.4 NORTH AMERICA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2027 (USD MILLION) 61

10.2.5 NORTH AMERICA CNC FIBER LASER MARKET, BY END USER, 2018–2027 (USD MILLION) 62

10.2.6 US 63

10.2.6.1 US CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 63

10.2.6.2 US CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 63

10.2.6.3 US CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 64

10.2.6.4 US CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 64

10.2.7 CANADA 65

10.2.7.1 CANADA CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 65

10.2.7.2 CANADA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 65

10.2.7.3 CANADA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 66

10.2.7.4 CANADA CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 66

10.2.8 MEXICO 67

10.2.8.1 MEXICO CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 67

10.2.8.2 MEXICO CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 67

10.2.8.3 MEXICO CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 68

10.2.8.4 MEXICO CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 68

10.3 EUROPE 69

10.3.1 EUROPE: CNC FIBER LASER MARKET, BY COUNTRY, 2018–2030 (USD MILLION) 70

10.3.2 EUROPE CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 70

10.3.3 EUROPE CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 71

10.3.4 EUROPE CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 72

10.3.5 EUROPE CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 73

10.3.6 GERMANY 74

10.3.6.1 GERMANY CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 74

10.3.6.2 GERMANY CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 74

10.3.6.3 GERMANY CNC FIBER LASER MARKET, BY APPLICATION, 2018–2027 (USD MILLION) 75

10.3.6.4 GERMANY CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 75

10.3.7 FRANCE 76

10.3.7.1 FRANCE CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 76

10.3.7.2 FRANCE CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 76

10.3.7.3 FRANCE CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 77

10.3.7.4 FRANCE CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 77

10.3.8 UK 78

10.3.8.1 UK CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 78

10.3.8.2 UK CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 78

10.3.8.3 UK CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 79

10.3.8.4 UK CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 79

10.3.9 SPAIN 80

10.3.9.1 SPAIN CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 80

10.3.9.2 SPAIN CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 80

10.3.9.3 SPAIN CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 81

10.3.9.4 SPAIN CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 81

10.3.10 REST OF EUROPE 82

10.3.10.1 REST OF EUROPE CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 82

10.3.10.2 REST OF EUROPE CNC FIBER LASER MARKET, BY PRODUCT, 2018–2027 (USD MILLION) 82

10.3.10.3 REST OF EUROPE CNC FIBER LASER MARKET, BY APPLICATION, 2018–2027 (USD MILLION) 83

10.3.10.4 REST OF EUROPE CNC FIBER LASER MARKET, BY END USER, 2018–2027 (USD MILLION) 83

10.4 ASIA-PACIFIC 84

10.4.1 ASIA-PACIFIC: CNC FIBER LASER MARKET, BY COUNTRY, 2018–2027 (USD MILLION) 85

10.4.2 ASIA-PACIFIC CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 86

10.4.3 ASIA-PACIFIC CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 87

10.4.4 ASIA-PACIFIC CNC FIBER LASER MARKET, BY APPLICATION, 2018–2027 (USD MILLION) 88

10.4.5 ASIA-PACIFIC CNC FIBER LASER MARKET, BY END USER, 2018–2027 (USD MILLION) 89

10.4.6 CHINA 89

10.4.6.1 CHINA CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 89

10.4.6.2 CHINA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 90

10.4.6.3 CHINA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 90

10.4.6.4 CHINA CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 91

10.4.7 JAPAN 91

10.4.7.1 JAPAN CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 91

10.4.7.2 JAPAN CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 92

10.4.7.3 JAPAN CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 92

10.4.7.4 JAPAN CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 93

10.4.8 INDIA 93

10.4.8.1 INDIA CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 93

10.4.8.2 INDIA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 94

10.4.8.3 INDIA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 94

10.4.8.4 INDIA CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 95

10.4.9 REST OF ASIA-PACIFIC 95

10.4.9.1 REST OF ASIA-PACIFIC CNC FIBER LASER MARKET, BY TYPE, 2018–2027 (USD MILLION) 95

10.4.9.2 REST OF ASIA-PACIFIC CNC FIBER LASER MARKET, BY PRODUCT, 2018–2027 (USD MILLION) 96

10.4.9.3 REST OF ASIA-PACIFIC CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 96

10.4.9.4 REST OF ASIA-PACIFIC CNC FIBER LASER MARKET, BY END USER, 2018–2027 (USD MILLION) 97

10.5 MIDDLE EAST & AFRICA 98

10.5.1 MIDDLE EAST & AFRICA CNC FIBER LASER MARKET, BY TYPE, 2018–2027 (USD MILLION) 98

10.5.2 MIDDLE EAST & AFRICA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2030 (USD MILLION) 99

10.5.3 MIDDLE EAST & AFRICA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2030 (USD MILLION) 100

10.5.4 MIDDLE EAST & AFRICA CNC FIBER LASER MARKET, BY END USER, 2018–2030 (USD MILLION) 101

10.6 SOUTH AMERICA 102

10.6.1 SOUTH AMERICA CNC FIBER LASER MARKET, BY TYPE, 2018–2030 (USD MILLION) 102

10.6.2 SOUTH AMERICA CNC FIBER LASER MARKET, BY PRODUCT, 2018–2027 (USD MILLION) 103

10.6.3 SOUTH AMERICA CNC FIBER LASER MARKET, BY APPLICATION, 2018–2027 (USD MILLION) 104

10.6.4 SOUTH AMERICA CNC FIBER LASER MARKET, BY END USER, 2018–2027 (USD MILLION) 105

11 COMPETITIVE LANDSCAPE 106

11.1 OVERVIEW 106

11.2 MARKET SHARE ANALYSIS 107

11.3 COMPETITIVE BENCHMARKING 108

11.4 MAJOR GROWTH STRATEGY IN THE GLOBAL CNC FIBER LASER MARKET 109

11.5 THE LEADING PLAYER IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GLOBAL CNC FIBER LASER MARKET 110

11.6 KEY DEVELOPMENT ANALYSIS 111

11.7 KEY DEVELOPMENTS & GROWTH STRATEGIES 111

11.7.1 PRODUCT LAUNCHES/PRODUCT APPROVALS 111

11.7.2 MERGERS & ACQUISITIONS 111

11.7.3 PARTNERSHIPS & AGREEMENTS 112

12 COMPETITIVE LANDSCAPE 113

12.1 MCMILLANCO, LLC 113

12.1.1 COMPANY OVERVIEW 113

12.1.2 FINANCIAL OVERVIEW 113

12.1.3 PRODUCTS OFFERED 113

12.1.4 KEY DEVELOPMENTS 113

12.1.5 SWOT ANALYSIS 114

12.1.6 KEY STRATEGIES 114

12.2 ZINSER GMBH 115

12.2.1 COMPANY OVERVIEW 115

12.2.2 FINANCIAL OVERVIEW 115

12.2.3 PRODUCTS OFFERED 115

12.2.4 KEY DEVELOPMENTS 115

12.2.5 SWOT ANALYSIS 116

12.2.6 KEY STRATEGIES 116

12.3 ACCURL 117

12.3.1 COMPANY OVERVIEW 117

12.3.2 FINANCIAL OVERVIEW 117

12.3.3 PRODUCTS OFFERED 117

12.3.4 KEY DEVELOPMENTS 118

12.3.5 SWOT ANALYSIS 118

12.3.6 KEY STRATEGIES 118

12.4 GMT ENGINEERS PRIVATE LIMITED. 119

12.4.1 COMPANY OVERVIEW 119

12.4.2 FINANCIAL OVERVIEW 119

12.4.3 PRODUCTS OFFERED 119

12.4.4 KEY DEVELOPMENTS 119

12.4.5 KEY STRATEGIES 119

12.5 PRECISION WATERJET & LASER 120

12.5.1 COMPANY OVERVIEW 120

12.5.2 FINANCIAL OVERVIEW 120

12.5.3 PRODUCTS OFFERED 120

12.5.4 KEY DEVELOPMENTS 120

12.5.5 KEY STRATEGIES 120

12.6 HPC LASER LTD. 121

12.6.1 COMPANY OVERVIEW 121

12.6.2 FINANCIAL OVERVIEW 121

12.6.3 PRODUCTS OFFERED 121

12.6.4 KEY DEVELOPMENTS 121

12.6.5 KEY STRATEGIES 122

12.7 CTR LASERS 123

12.7.1 COMPANY OVERVIEW 123

12.7.2 FINANCIAL OVERVIEW 123

12.7.3 PRODUCTS OFFERED 123

12.7.4 KEY DEVELOPMENTS 123

12.7.5 KEY STRATEGIES 123

12.8 MANTECH MACHINERY LTD. 124

12.8.1 COMPANY OVERVIEW 124

12.8.2 FINANCIAL OVERVIEW 124

12.8.3 PRODUCTS OFFERED 124

12.8.4 KEY DEVELOPMENTS 124

12.8.5 KEY STRATEGIES 125

12.9 HGLASER ENGINEERING CO. LTD. 126

12.9.1 COMPANY OVERVIEW 126

12.9.2 FINANCIAL OVERVIEW 126

12.9.3 PRODUCTS/SERVICES OFFERED 126

12.9.4 KEY DEVELOPMENTS 126

12.9.5 KEY STRATEGIES 126

12.10 YAMAZAKI MAZAK CORPORATION 127

12.10.1 COMPANY OVERVIEW 127

12.10.2 FINANCIAL OVERVIEW 127

12.10.3 PRODUCTS/SERVICES OFFERED 127

12.10.4 KEY DEVELOPMENTS 127

12.10.5 KEY STRATEGIES 127

12.11 MITSUBISHI ELECTRIC CORPORATION 128

12.11.1 COMPANY OVERVIEW 128

12.11.2 FINANCIAL OVERVIEW 128

12.11.3 PRODUCTS/SERVICES OFFERED 129

12.11.4 KEY DEVELOPMENTS 129

12.11.5 SWOT ANALYSIS 129

12.11.6 KEY STRATEGIES 130

12.12 MESSER CUTTING SYSTEMS GMBH 131

12.12.1 COMPANY OVERVIEW 131

12.12.2 FINANCIAL OVERVIEW 132

12.12.3 PRODUCTS/SERVICES OFFERED 132

12.12.4 KEY DEVELOPMENTS 133

12.12.5 SWOT ANALYSIS 133

12.12.6 KEY STRATEGIES 133

12.13 BODOR 134

12.13.1 COMPANY OVERVIEW 134

12.13.2 FINANCIAL OVERVIEW 134

12.13.3 PRODUCTS/SERVICES OFFERED 134

12.13.4 KEY DEVELOPMENTS 134

12.13.5 KEY STRATEGIES 134

12.14 MULTICAM INC. 135

12.14.1 COMPANY OVERVIEW 135

12.14.2 FINANCIAL OVERVIEW 135

12.14.3 PRODUCTS/SERVICES OFFERED 135

12.14.4 KEY DEVELOPMENTS 135

12.14.5 KEY STRATEGIES 135

Additional information

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Companies Mentioned

Mcmillanco, Llc, Zinser Gmbh, Accurl, Gmt Engineers Private Limited., Precision Waterjet & Laser, Hpc Laser Ltd., Ctr Lasers, Mantech Machinery Ltd., Hglaser Engineering Co. Ltd, Yamazaki Mazak Corporation, Mitsubishi Electric Corporation, Messer Cutting Systems Gmbh, Bodor, and Multicam Inc.

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