Laser Cutting Machine Market Size and Share

Laser Cutting Machine Market (2025 - 2030)
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Laser Cutting Machine Market Analysis by Mordor Intelligence

The laser cutting machine market size stood at USD 7.14 billion in 2025 and is forecast to reach USD 11.33 billion by 2030, advancing at a 9.67% CAGR. This trajectory echoed manufacturers’ pivot toward precision fabrication for electric-vehicle platforms, complex consumer-electronics assemblies, and heavy-gauge infrastructure projects. Rapid adoption of >12 kW fiber sources shortened cycle times for 30 mm-plus plate, while Industry 4.0 programs pushed users to embed laser cells inside data-rich production networks. In parallel, semiconductor packaging’s sub-3 µm features created fresh demand for ultrafast micro-cutting, and predictive-maintenance software began trimming unplanned stoppages and gas consumption. Competitive intensity rose as Chinese builders scaled globally, pressuring European incumbents to differentiate through software and service.

Key Report Takeaways

  • By product type, fiber lasers led with 52.4% revenue share in 2024; disk and other solid-state variants are projected to expand at a 9.9% CAGR to 2030. 
  • By machine type, 2-D flat-bed units held 43.3% of the laser cutting machine market share in 2024, whereas 3-D/5-axis systems are set to grow at 13.1% through 2030. 
  • By power range, 2.1-6 kW models captured 38.3% share of the laser cutting machine market size in 2024; >12 kW platforms are expected to post a 15.1% CAGR by 2030. 
  • By end user, automotive and transportation commanded 31.2% of the laser cutting machine market size in 2024, while medical devices will advance at 9.7% CAGR between 2025-2030. 
  • By material thickness, the 5.1-20 mm band accounted for 45.3% of laser cutting machine market share in 2024, and thick-plate (>20 mm) processing is forecast to rise 12.5% CAGR. 
  • By region, Asia-Pacific led with 46.3% revenue share in 2024; the same region is projected to register an 11.3% CAGR to 2030.

Segment Analysis

By Laser Technology: Fiber Dominance Accelerates

Fiber lasers captured 52.4% share of the laser cutting machine market in 2024 and posted a 9.9% CAGR outlook through 2030 as buyers migrated from CO₂ platforms for energy savings and minimal maintenance. Their 30% electrical-to-optical efficiency versus 10-15% for legacy sources cuts utility bills while eliminating mirror alignments.[2]AccTek Laser, “Advantages and Disadvantages of Fiber Laser Cutting,” accteklaser.com 

Ultra-high-power fiber models exceeding 12 kW have begun expanding the laser cutting machine market size for heavy fabrication by replacing plasma on a 230 mm stainless plate. Retrofit programs from Trumpf convert installed CO₂ bases in three days, shortening payback and reducing energy use instantly. Disk, diode-pumped, and hybrid architectures remain in niche roles, yet the trajectory favors fiber as costs decline and beam quality rises. 

Laser Cutting Machine Market
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By Machine Type: 3-D Systems Gain Momentum

2-D flat-bed tools maintained 43.3% laser cutting machine market share in 2024 by servicing mainstream sheet-metal volumes. However, 3-D/5-axis units are forecast to grow 13.1% CAGR to 2030 as OEMs cut formed exhaust manifolds and hydroformed body panels without fixtures. 

The sub-segment is on track for doubling its 2022 base as die-less processes slash tooling costs. BLM’s LT-FREE delivered one-cycle trimming of bent and extruded tubes, while GBOS added infinite-rotation heads for burr-free edges. These gains extend to aerospace brackets and lighting fixtures, where geometry complexity once required manual finishing. 

By Power Range: Ultra-High Power Drives Growth

Systems rated 2.1-6 kW held a 38.3% share in 2024, balancing speed and operating cost for 6-20 mm plate. Yet platforms above 12 kW will outpace the segment at a 15.1% CAGR, swelling the laser cutting machine market size as factories chase throughput on thick steels. 

nLIGHT’s 20 kW trials cut 25 mm carbon steel 40% faster than 12 kW references, proving the business case for fewer shifts per order. Active air-cooling on new 12 kW sources trimmed electrical loads by 30% while maintaining beam stability. Sub-2 kW lines remain indispensable for micro-electronics and medical tubing. 

By End-User Industry: Medical Devices Emerge

Automotive and transportation requirements delivered 31.2% of the 2024 revenue pool by cutting multi-material EV chassis. Medical devices, though smaller today, are poised for 9.7% CAGR expansion as catheter, stent, and implant makers demand 0.003-inch kerfs and debris-free edges. 

IPG’s move into dedicated medical systems underscored the opportunity, pairing femtosecond sources with vision alignment for disposable instruments. Regulatory shifts toward contamination-free manufacturing favor laser over mechanical slitting, boosting acceptance across cardiovascular, orthopaedic, and neurovascular products. 

Laser Cutting Machine Market
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By Material Thickness: Thick Processing Expands

Sheets between 5.1-20 mm held 45.3% of the laser cutting machine market share in 2024 due to general fabrication demand. Yet >20 mm plate processing will accelerate 12.5% CAGR as bridge decks, ship hulls, and wind-tower flanges migrate from plasma to fiber. 

Air-assist techniques on 120 kW heads quadrupled speed and removed nitrogen costs for 25 mm stainless, lifting productivity metrics that once favored oxy-fuel.[3]Optics.org, “HSG Laser Opens New Manufacturing Facility in China,” optics.org Light-gauge lines below 5 mm keep gaining in appliances and electronics, where speed trumps thickness capacity. 

Geography Analysis

Asia-Pacific led with 46.3% revenue in 2024 and is projected to compound at 11.3% annually to 2030. Chinese builders invested heavily; HSG’s USD 68.3 million Jinan plant targeted 10,000 units a year and unveiled a 120 kW cutter. Government programs treated lasers as strategic, helping the domestic laser cutting machine market scale more than 20% yearly and export globally. 

North America and Europe remained technology benchmarks, yet grew more slowly as installed bases matured. Trumpf achieved EUR 5.4 billion (USD 6.23 billion) revenue in fiscal 2023 by bundling automation and software, but Bystronic’s 2024 sales dropped 30% amid hesitant capital budgets.[4]Bystronic AG, “Q4 2024 Earnings Call Highlights,” finance.yahoo.com US automotive, aerospace, and space-launch industries still specified premium systems for tolerance-critical parts, even while sourcing cost-sensitive jobs from Asian OEMs. 

The Middle East and Africa, and South America presented emerging opportunities tied to infrastructure rollouts and energy diversification. Gulf shipyards adopted 20 kW lines for offshore platforms, while Brazilian automakers upgraded to tube lasers despite currency volatility. Local distributors increasingly partnered with Chinese brands to balance price and after-sales expectations. 

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Competitive Landscape

Industry structure sat in the mid-fragmented zone. The top three—Trumpf, Bystronic, and IPG Photonics—kept premium positions through vertical integration, AI analytics, and global service. Conversely, Han’s Laser, Bodor, and HSG captured volume tiers with aggressive pricing, annual capacity hikes, and localized spares warehouses. 

Strategic moves centered on ultra-high-power breakthroughs, cloud analytics, and turnkey factory cells. MAX Laser and BWT raced past 150 kW thresholds, carving an early-mover moat in thick-plate sectors. Software vendors, meanwhile, fed optimization algorithms into open APIs, giving smaller hardware firms parity on cut quality. 

M&A activity focused on niche capabilities: IPG bought Innovative Laser Technologies for medical applications, and Prima Power embedded Siemens controls for smarter feedback loops. Anticipated battlegrounds include AI-first condition monitoring and recycler-friendly rare-earth alternatives that ease supply risk. 

Laser Cutting Machine Industry Leaders

  1. Trumpf SE + Co. KG

  2. Han’s Laser Technology Industry Group Co., Ltd.

  3. Bystronic AG

  4. Amada Co., Ltd.

  5. IPG Photonics Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Laser Cutting Machine Market Concentration
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Recent Industry Developments

  • May 2025: Han’s Laser won the dual 2025 Ringier Technology Innovation Awards.
  • May 2025: XT Laser introduced “million-watt” fiber laser solutions.
  • February 2025: Bystronic reported a 2024 sales decline to CHF 648 million and announced a 600-position restructuring.
  • December 2024: HSG Laser opened a USD 68.3 million Jinan facility targeting 10,000 units annually and launched a 120 kW cutter.

Table of Contents for Laser Cutting Machine Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand from EV and consumer-electronics manufacturing
    • 4.2.2 Acceleration of Industry 4.0-enabled smart factories
    • 4.2.3 Shift toward ultra-high-power fiber lasers for >30 mm steel plate
    • 4.2.4 Growing need for precision micro-cutting in semiconductor packaging
    • 4.2.5 AI-driven predictive-maintenance platforms lowering TCO
  • 4.3 Market Restraints
    • 4.3.1 High capital expenditure and pay-back uncertainty
    • 4.3.2 Shortage of laser-skilled operators and programmers
    • 4.3.3 Supply-chain bottlenecks for rare-earth optical components
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Laser Technology
    • 5.1.1 CO₂
    • 5.1.2 Fiber
    • 5.1.3 Solid-state (Disk, Diode-pumped, etc.)
    • 5.1.4 Hybrid / Others
  • 5.2 By Machine Type
    • 5.2.1 2-D Flat-bed
    • 5.2.2 3-D / 5-Axis
    • 5.2.3 Tube and Pipe
    • 5.2.4 Micro-cutting / PCB depaneling
  • 5.3 By Power Range
    • 5.3.1 ≤2 kW
    • 5.3.2 2.1–6 kW
    • 5.3.3 6.1–12 kW
    • 5.3.4 >12 kW (ultra-high-power)
  • 5.4 By End-user Industry
    • 5.4.1 Automotive and Transportation
    • 5.4.2 Consumer Electronics and Appliances
    • 5.4.3 Industrial Machinery and Equipment
    • 5.4.4 Metal Fabrication and Job Shops
    • 5.4.5 Aerospace and Defense
    • 5.4.6 Medical Devices
  • 5.5 By Material Thickness
    • 5.5.1 Thin-sheet ≤5 mm
    • 5.5.2 Medium 5.1–20 mm
    • 5.5.3 Thick >20 mm
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 South Korea
    • 5.6.4.5 South-East Asia
    • 5.6.4.6 Rest of Asia-Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Middle East
    • 5.6.5.1.1 Saudi Arabia
    • 5.6.5.1.2 United Arab Emirates
    • 5.6.5.1.3 Turkey
    • 5.6.5.1.4 Rest of Middle East
    • 5.6.5.2 Africa
    • 5.6.5.2.1 South Africa
    • 5.6.5.2.2 Nigeria
    • 5.6.5.2.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Trumpf SE + Co. KG
    • 6.4.2 Bystronic AG
    • 6.4.3 Yamazaki Mazak Corporation
    • 6.4.4 Amada Co., Ltd.
    • 6.4.5 Coherent Corp.
    • 6.4.6 IPG Photonics Corporation
    • 6.4.7 PRIMA INDUSTRIE S.p.A.
    • 6.4.8 Mitsubishi Electric Corporation
    • 6.4.9 Han’s Laser Technology Industry Group Co., Ltd.
    • 6.4.10 Hypertherm Associates, Inc.
    • 6.4.11 Bodor Laser Inc.
    • 6.4.12 HGTECH Co., Ltd.
    • 6.4.13 LVD Company NV
    • 6.4.14 Salvagnini Italia S.p.A.
    • 6.4.15 Prima Power – Finn-Power Oy
    • 6.4.16 NUKON Makina Metal
    • 6.4.17 Eckert Sp. z o.o.
    • 6.4.18 Cincinnati Inc.
    • 6.4.19 Penta-Chutian Laser
    • 6.4.20 HSG Laser Co., Ltd.
    • 6.4.21 MicroStep s.r.o.
    • 6.4.22 Senfeng Leiming Laser Group
    • 6.4.23 Wuhan Golden Laser Co., Ltd.
    • 6.4.24 Messer Cutting Systems GmbH
    • 6.4.25 OSAI Automation System S.p.A.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the laser cutting machine market as revenue generated from new, factory-built fiber, CO₂, and other solid-state laser systems that cut or micro-machine metallic and non-metallic sheets, tubes, and precision parts across industrial plants worldwide. According to Mordor Intelligence, stand-alone power sources, retrofit kits, software licenses, and after-sales services lie outside this scope.

Scope exclusion: Refurbished machines and purely marking or engraving units are not measured.

Segmentation Overview

  • By Laser Technology
    • CO₂
    • Fiber
    • Solid-state (Disk, Diode-pumped, etc.)
    • Hybrid / Others
  • By Machine Type
    • 2-D Flat-bed
    • 3-D / 5-Axis
    • Tube and Pipe
    • Micro-cutting / PCB depaneling
  • By Power Range
    • ≤2 kW
    • 2.1–6 kW
    • 6.1–12 kW
    • >12 kW (ultra-high-power)
  • By End-user Industry
    • Automotive and Transportation
    • Consumer Electronics and Appliances
    • Industrial Machinery and Equipment
    • Metal Fabrication and Job Shops
    • Aerospace and Defense
    • Medical Devices
  • By Material Thickness
    • Thin-sheet ≤5 mm
    • Medium 5.1–20 mm
    • Thick >20 mm
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • South-East Asia
      • Rest of Asia-Pacific
    • Middle East and Africa
      • Middle East
        • Saudi Arabia
        • United Arab Emirates
        • Turkey
        • Rest of Middle East
      • Africa
        • South Africa
        • Nigeria
        • Rest of Africa

Detailed Research Methodology and Data Validation

Primary Research

We hold structured calls with machine builders, laser source manufacturers, integrators, and large fabrication shops spread across Asia-Pacific, North America, and Europe. These conversations validate price bands, utilization rates, and emerging demand pockets such as ultra-high-power (>12 kW) flatbed lines, filling gaps left by published statistics and guiding final triangulation.

Desk Research

Mordor analysts first review freely available tier-1 datasets such as UN Comtrade trade codes for laser machinery, Eurostat PRODCOM output series, United States Census Bureau manufacturing shipments, and industry association briefs from entities such as the Laser Institute of America and CECIMO. Company 10-Ks, investor decks, and press releases clarify recent unit launches and price shifts. Paid repositories, including D & B Hoovers for supplier revenues and Dow Jones Factiva for deal news, enrich our competitive mapping. This list is illustrative; many other public and proprietary references informed the evidence base.

Second, we mine technical literature, patent counts (Questel), and customs records to benchmark adoption of high-power fiber systems across Asia and Europe, providing early signals that desk research alone rarely captures.

Market-Sizing & Forecasting

The top-down model begins with production and trade data to reconstruct the global installed base, which is then adjusted by average selling prices confirmed through channel checks. Select bottom-up lenses, sampled supplier shipments and regional capacity roll-ups, stress-test totals. Key variables include global sheet-metal consumption, automotive and EV build rates, electronics output indices, laser power migration trends, and capital-goods price inflation. A multivariate regression with ARIMA overlays projects these drivers to 2030, while scenario analysis captures currency swings and investment cycles. Any data voids in supplier roll-ups are bridged using midpoint estimates derived from peer pricing spreads observed in interviews.

Data Validation & Update Cycle

Model outputs pass two analyst reviews, anomaly checks against independent indicators such as machine-tool orders, and variance flags beyond ±5%. Reports refresh each year, with interim updates triggered by material events; a fresh validation pass precedes client delivery to keep insights current.

Why Mordor's Laser Cutting Machine Baseline Commands Reliability

Published numbers often differ because firms vary machine classes, power brackets, and refresh cadence.

Mordor's disciplined scope choice, yearly updates, and mixed-method model reduce those biases.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 7.14 B Mordor Intelligence -
USD 6.85 B Global Consultancy A Excludes micro-cutting systems and uses 2024 ASPs without currency realignment
USD 7.17 B Industry Association B Relies mainly on shipment surveys, omitting channel mark-ups above 10 kW
USD 7.00 B Regional Consultancy C Forecast built on constant 6% CAGR, lacks driver-level regression and mid-year refresh

Differences reveal that, while peers offer useful snapshots, Mordor's variables, dual-track validation, and annual refresh provide a balanced baseline clients can trace, question, and repeat with confidence.

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Key Questions Answered in the Report

What is the current size of the laser cutting machine market?

It reached USD 7.14 billion in 2025 and is projected to hit USD 11.33 billion by 2030.

Which region leads the laser cutting machine market?

Asia-Pacific held 46.3% of global revenue in 2024 and is expected to grow fastest at 11.3% CAGR through 2030.

Why are fiber lasers overtaking CO₂ systems?

Fiber units deliver three times higher energy efficiency, lower maintenance, and now exceed 12 kW, enabling thick-plate cutting once reserved for plasma.

How fast is the medical-device segment growing?

It is forecast to expand at 9.7% CAGR from 2025 to 2030 as demand for minimally invasive instruments rises.

What is the main barrier for small manufacturers adopting laser cutting?

Up-front investment can exceed USD 500,000 per cell, and payback hinges on throughput forecasts and operator skill availability.

Are ultra-high-power lasers commercially viable?

Yes, 150-160 kW systems have entered shipbuilding and construction lines, processing 200-400 mm plate at competitive costs versus traditional methods.

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