Laser Cutting Machine Market Size, Share, Industry, Forecast and outlook (2024-2031)

Rising demand for high-precision cutting in industries like automotive and aerospace, along with automation adoption, is fueling a 7.2% CAGR market surge.

Asia Pacific dominates with its rapid industrialization and increasing adoption of laser cutting technology, especially in China and India.

Bystronic, Trumpf, Coherent, Jenoptik, and Han's Laser are some of the leading companies competing in this growing market.

Product (fiber, CO2, etc.), process (fusion, flame, etc.), end-user (automotive, electronics, etc.), and region (Asia Pacific, North America, etc.) are the main market segments.