Fiber Laser Cutting Machine Market Report 2025 (Global Edition)

Global Fiber Laser Cutting Machine Market Report 2025 Market Size Split by Type (2D Laser Cutting Machine, 3D Laser Cutting Machine), by Function Type (Semi-Automatic, Robotic), by Application (Genera...

Fiber Laser Cutting Machine Market Report Description

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Fiber Laser Cutting Machine Market Insights Video

Competitive Landscape of the Fiber Laser Cutting Machine Market

The competitive landscape of the Fiber Laser Cutting Machine industry is distinguished by its variety of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established 3D laser cutting machine manufacturers, specialized Fiber Laser Cutting Machine companies, and emerging start-ups with the goal of disrupting the market with creative ideas.

October 2022: Trumf, a leader in laser technology, has introduced the 24-kilowatt Trudisk 24001, a new laser that can cut metal sheets up to 20 mm thick and process materials and applications three times quicker. (Source: https://www.trumpf.com/en_IN/newsroom/global-press-releases/press-release-detail-page/release/euroblech-2022-trumpf-doubles-the-laser-power-of-the-trulaser-5000-series-to-24-kw/) April 2022: Bystronic and Nano Lock Security collaborated to create security solutions for automation systems, cutting, and bending sheet and tube metal. These technical advancements will solve many unresolved problems in downstream sectors, raising demand for laser-cutting machines and expanding the market. (Source:https://www.bystronic.com/ind/en/news/bystronic-partners-nanolock)

Top Companies Market Share in Fiber Laser Cutting Machine Industry: (In no particular order of Rank)

• Introduction of the Fiber Laser Cutting Machine Market

• The market for fiber laser cutting machines is growing significantly within the metalworking and broader laser technology industries. Fiber laser cutting machines are widely recognized for their remarkable precision

• efficiency
• and versatility in cutting a wide range of substances
• such as composites
• metals
• and polymers. These tools are widely used in industries where precise and efficient cutting techniques are essential
• such as manufacturing
• electronics
• aerospace
• and automotive. In addition
• The need for fiber laser cutting machines is being driven by the increasing need for high-precision components in industries such as electronics
• automotive
• and aerospace. Fiber laser cutting machines offer faster and more accurate cutting than older methods. Advanced cutting technologies
• such as fiber laser cutting machines
• are becoming more and more popular as industrial processes become more automated. These devices are essential to automated production lines.

• April 2022

• SensiBel
• a company that makes MEMS microphones
• received a $15 million investment from TRUMPF's venture capital division to help ramp up production of high-end optical audio devices. The consumer electronics sector will expand as a result of these advancements
• propelling the market for laser-cutting equipment.
• (Source:https://www.trumpf.com/en_IN/newsroom/global-press-releases/press-release-detail-page/release/trumpf-venture-to-invest-in-startup-for-optical-mini-microphones/)

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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Fiber Laser Cutting Machine Market

Which Region Dominates the Fiber Laser Cutting Machine Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. North America's sophisticated manufacturing sector, particularly in the automotive, electronics, and aerospace industries, is a major driver of growth in the market for fiber laser cutting machines. The use of fiber laser cutting machinery is growing in popularity in the region because of its strong emphasis on innovation, automation, and precision engineering. Further supporting market expansion are major investments in research and development, a strong infrastructure, and the existence of dominant market players. North America is positioned as a key contributor to the market growth due to its expanding trend toward Industry 4.0 and smart manufacturing, which also increases demand for high-efficiency, precision-cutting technology.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Fiber Laser Cutting Machine market. Asia-Pacific's fast industrialization, substantial infrastructural development, and developing manufacturing sectors in nations like China, India, and Japan are key factors propelling the region's rise in the fiber laser cutting machine market. The need for fiber laser cutting equipment is fueled by the region's strong emphasis on the automotive, aerospace, and electronics industries, as well as increased investments in new manufacturing technology. The growing use of automation and intelligent production techniques also quickens industry expansion. Fiber laser cutting machines are becoming more widely available to enterprises in Asia-Pacific thanks to technological improvements and competitive pricing, which is also strengthening the region's position in the global market.

The current report Scope analyzes Fiber Laser Cutting Machine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Fiber Laser Cutting Machine Market

According to Cognitive Market Research, the global Fiber Laser Cutting Machine market size was estimated at USD 1954.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 781.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Fiber Laser Cutting Machine market with a market size of USD 616.75 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. The need for the high-precision cutting capabilities that fiber laser machines provide is driven by the substantial presence of aerospace and defense businesses in the United States.
• The Canada Fiber Laser Cutting Machine market had a market share of USD 93.80 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. The use of high-edge technology like fiber laser cutting is being encouraged by Canadian government programs to assist manufacturing and industrial growth.
• The Mexico Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 71.13 million in 2024.

Europe Fiber Laser Cutting Machine Market

According to Cognitive Market Research, the global Fiber Laser Cutting Machine market size was estimated at USD 1954.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 586.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Fiber Laser Cutting Machine market had a market share of USD 98.49 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. The UK places a strong focus on research and development, which encourages industrial process innovation and the uptake of fiber laser cutting.
• The France Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 53.94 million in 2024.
• According to Cognitive Market Research, the German Fiber Laser Cutting Machine market size was valued at USD 116.08 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. The automotive industry's dominance in Germany generates a significant need for accurate and effective cutting solutions.
• The Italy Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 50.42 million in 2024.
• The Russia Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 90.87 million in 2024.
• The Spain Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 48.07 million in 2024
• The Luxembourg Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 18.17 million in 2024.
• The Portugal Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 12.31 million in 2024.
• The Greece Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 7.04 million in 2024.
• Rest of Europe's Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 90.87 million in 2024.

Asia Pacific Fiber Laser Cutting Machine Market

According to Cognitive Market Research, the global Fiber Laser Cutting Machine market size was estimated at USD 1954.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 449.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Fiber Laser Cutting Machine market size was valued at USD 202.26 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. China, a leader in the world of electronics manufacturing, needs highly precise cutting for intricate components.
• The Japan Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 62.03 million in 2024.
• The India Fiber Laser Cutting Machine market had a market share of USD 53.94 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. Labor costs are rising to promote automation and the use of cutting-edge technology like fiber laser cutting.
• The South Korean Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 44.95 million in 2024.
• The Australian Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 23.37 million in 2024.
• The South East Asia Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 31.01 million in 2024.
• The Rest of Asia Pacific Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 31.91 million in 2024.

South America Fiber Laser Cutting Machine Market

According to Cognitive Market Research, the global Fiber Laser Cutting Machine market size was estimated at USD 1954.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 97.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Fiber Laser Cutting Machine market size was valued at USD 41.82 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. The need for faster production cycles and customized goods is driving the use of flexible cutting solutions.
• Argentina's Fiber Laser Cutting Machine market had a market share of USD 16.42 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Metal-cutting solutions are in high demand due to Argentina's robust mining and agriculture sectors, which call for specialist equipment.
• Colombia's Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 8.70 million in 2024.
• Peru Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 8.01 million in 2024.
• Chile's Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 7.04 million in 2024.
• The Rest of Latin America's Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 15.73 million in 2024.

Middle East Fiber Laser Cutting Machine Market

According to Cognitive Market Research, the global Fiber Laser Cutting Machine market size was estimated at USD 1954.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 39.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031..

• The GCC Countries Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 16.73 million in 2024. The region's emphasis on diversifying its economy away from the oil industry has boosted industrialization and raised demand for sophisticated manufacturing machinery.
• The Egypt Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 4.10 million in 2024.
• The South Africa Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 6.18 million in 2024. Government spending on energy and transportation-related infrastructure creates opportunities for metal cutting and fabrication.
• The Turkey Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 3.36 million in 2024.
• The Nigeria Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 4.10 million in 2024.
• The Rest of the MEA Fiber Laser Cutting Machine market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 4.61 million in 2024.

Fiber Laser Cutting Machine Market Analysis

Fiber Laser Cutting Machine Market Type Segment Analysis

According to Cognitive Market Research, 3D laser cutting machine stands out as the dominant category over the projected period. Because they provide sophisticated capabilities for elaborate designs and complex geometries, 3D laser cutting machines constitute a sizable portion of the fiber laser cutting machine industry. For usage in the automobile, aircraft, and electronics sectors, these devices are perfect since they cut materials in three dimensions using fiber laser technology. Complex pieces may be created with great accuracy and minimal waste thanks to their versatility and precision. In industries where complex and superior cutting solutions are needed, the capacity to manage complex shapes and angles increases manufacturing flexibility and encourages wider use.

2D laser cutting machine emerges as the fastest-growing category in the Fiber Laser Cutting Machine market. Processing of flat sheets of material is a common application for 2D laser cutting machines, a significant market segment in the fiber laser cutting machine industry. They are excellent in quickly and precisely cutting a variety of materials, including plastics and metals. Automotive panels, structural elements, and complex designs in the manufacturing, electronics, and aerospace sectors are examples of common applications. Their extensive acceptance across a range of manufacturing sectors can be attributed to their effectiveness in generating clean, exact cuts with low material waste, which makes them perfect for complex designs and high-volume production.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Fiber Laser Cutting Machine Industry. Request a Free Sample PDF!

Fiber Laser Cutting Machine Market Function Type Segment Analysis

According to Cognitive Market Research, the dominant category is Robotic. Because robotic fiber laser cutting machines may improve automation, accuracy, and efficiency in industrial processes, there is an increasing demand for these equipment. Robots with fiber lasers are capable of accurately handling intricate, multi-dimensional cutting jobs, which lowers labor costs and speeds up production. They are especially useful in sectors where complex and large-scale components are frequently found, such as the automotive, aerospace, and heavy equipment industries. Robotics and fiber laser cutting technologies are becoming more and more popular in advanced production environments because of their capacity to expedite workflows, adapt to different materials, and produce consistent quality.

The fastest-growing category in the Fiber Laser Cutting Machine market is Semi-Automatic. The increased demand for semi-automatic fiber laser cutting machines can be attributed to their ability to blend operational efficiency with cost-effectiveness. These machines are appropriate for medium-scale manufacturing since they require less human intervention and offer improved precision and speed as compared to manual systems. Semi-automatic machines are advantageous to the automotive, electronics, and metal fabrication industries because they can perform a variety of cutting operations with better accuracy and lower labor costs. They are a popular choice for businesses looking to transition from manual systems without fully committing to fully automated solutions due to their adaptability and price.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Fiber Laser Cutting Machine Application Segment Analysis

Fiber Laser Cutting Machine Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is automotive. Automotive applications are a key growth driver in the fiber laser cutting machine market. These machines are used to quickly and precisely cut and process a variety of components, such as body panels, structural elements, and elaborate drawings. Fiber laser technology provides benefits like better edge quality, less material waste, and the capacity to work with intricate geometries. The need for fiber laser cutting equipment in the automotive production sector is growing as the sector moves toward lightweight materials and complex designs for increased performance and fuel efficiency.

The fastest-growing category in the Fiber Laser Cutting Machine market is General Machinery Processing. General machinery processing is a major application area in the market for cutting devices using fiber lasers. Metals and plastics can be cut and shaped by fiber laser machines, which are utilized in the production of tools, machinery parts, and other components. Their exceptional accuracy, swiftness, and versatility in managing different materials render them perfect for crafting complex components and streamlining manufacturing procedures. The precision and effectiveness of fiber laser cutting improve the general machinery and equipment performance and quality in industries including manufacturing, construction, and agriculture.

• General Machinery Processing
• Automotive
• Home Appliance
• Aerospace and Marine
• Others

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
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• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion