How big is the Laser Cutting Machine Market | Size & Growth Outlook 2025

Code: MTA7272 Publication Date: Aug 2025

What is the size of Laser Cutting Machine Market?

According to 6Wresearch internal database and industry insights, the Global Laser Cutting Machine Market was valued at USD 15.6 billion in 2024 and is expected to reach USD 24.8 billion by 2031, growing at a CAGR of 7.20% during the forecast period of 2025–2031.

The market is experiencing strong growth in the manufacturing, automotive, aerospace and electronics industries. Increasing industrial automation, demand for accuracy and precision in manufacturing, and implementation of Industry 4.0 are some of the prominent factors driving the market growth.

Major Growth Factors of the Laser Cutting Machine Market

  • Rising automation across industrial and manufacturing sectors
  • Growing adoption of Industry 4.0 and smart factories
  • Increasing demand for precise and high-speed cutting solutions
  • Technological advancements in fiber laser and COâ‚‚ laser machines
  • Expanding application in automotive and aerospace industries
  • Rising metal and non-metal fabrication activities globally
  • Surge in use of laser cutting in electronics and semiconductors
  • Demand for energy-efficient and eco-friendly cutting technologies

Laser Cutting Machine Market Trends

The Laser Cutting Machine Market is shifting to more productive and energy-saving machines, particularly fiber lasers which are faster and allow higher precision while reducing running costs. Automation Integration and Smart Control Systems: Riding High on the Bandwagon Both productivity push, manufacturers are emphasizing on automation integration and smart control systems. There is the trend of portable and miniature units in small- to mid-size scale companies.

Emerging Developments in the Laser Cutting Machine Market

The market is evolving through innovations like AI-assisted cutting systems, IoT supported remote monitoring and hybrid machines that perform different functions. Tech companies and equipment companies are teaming up with the goal of boosting performance and connectivity. Sustainable practices in the production of machines and the emphasis on recyclable materials are also being increasingly urged.

List of Leading Companies in the Laser Cutting Machine Market

Below is a comprehensive list of the leading market players driving growth in this sector –

1. TRUMPF GmbH + Co. KG

Company Name TRUMPF GmbH + Co. KG
Established Year 1923
Headquarters Ditzingen, Germany
Official Website Click Here

A global leader in laser cutting and industrial machine tools, known for high-performance solutions.

2. Bystronic Group

Company Name Bystronic Group
Established Year 1964
Headquarters Niederönz, Switzerland
Official Website -

Specializes in sheet metal processing, offering advanced laser cutting, bending, and automation systems.

3. Amada Co., Ltd.

Company Name Amada Co., Ltd.
Established Year 1946
Headquarters Kanagawa, Japan
Official Website Click Here

Japanese manufacturer delivering precision laser cutting, punching, and press brake equipment globally.

4. Mazak Optonics Corp.

Company Name Mazak Optonics Corp.
Established Year 1980
Headquarters Illinois, United States
Official Website Click Here

Offers advanced laser cutting machines for metal processing with innovative automation features.

5. Coherent Corp.

Company Name Coherent Corp.
Established Year 1966
Headquarters Pennsylvania, United States
Official Website Click Here

A pioneer in photonics and laser technologies used in various cutting and welding applications.

6. Prima Industrie S.p.A.

Company Name Prima Industrie S.p.A.
Established Year 1977
Headquarters Collegno, Italy
Official Website Click Here

Manufacturer of high-tech laser machines and industrial automation solutions.

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

Company Name Han’s Laser Technology Industry Group Co., Ltd.
Established Year 1996
Headquarters Shenzhen, China
Official Website Click Here

Leading Chinese company specializing in laser marking, cutting, and welding systems.

8. LVD Group

Company Name LVD Group
Established Year 1952
Headquarters Gullegem, Belgium
Official Website Click Here

Provides laser cutting systems with an emphasis on integrated automation and smart manufacturing.

9. HGTECH Co., Ltd.

Company Name HGTECH Co., Ltd.
Established Year 1999
Headquarters Wuhan, China
Official Website Click Here

Chinese manufacturer focused on laser cutting, marking, and intelligent manufacturing systems.

10. Mitsubishi Electric Corporation

Company Name Mitsubishi Electric Corporation
Established Year 1921
Headquarters Tokyo, Japan
Official Website Click Here

Offers state-of-the-art laser cutting solutions integrated with automation technologies.

How big is the Laser Cutting Machine Market : FAQ's

The Laser Cutting Machine market was projected to be valued at approximately USD 15.6 billion in 2025 and reach around USD 24.8 billion by 2031.
The Laser Cutting Machine market is expected to grow at a CAGR of 7.20% during the forecast period.
Key trends include growing use of fiber lasers, smart automation integration, demand for compact machines, and environmentally sustainable designs.
The market is driven by industrial automation, precision manufacturing demand, Industry 4.0 implementation, and technological advancements in laser systems.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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