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The robotic laser cutting market is driven by increased productivity with improved laser technology. The performance and efficiency of laser cutting have improved drastically due to the integration of fiber lasers. The usage of robotic laser cutting in the aerospace and defense industry is one of the critical robotic laser cutting market trends likely to influence the market positively in the forthcoming years. Moreover, advanced innovations in ultrashort and ultrafast pulsed laser cutters will improve the accuracy and ability to cut more types of materials, in turn, driving the market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters The Robotic Laser Cutting Market is segmented by End-user (Automotive industry, Metal industry, Aerospace Industry, and Others), Solution (Hardware, Software, and Services), and Geographic Landscape (North America, APAC, Europe, South America, and MEA).
The automotive industry was the largest revenue-generating segment of this market as automotive players prefer flexible solutions to handle hydroformed parts, cut complex vehicle body components, edges, door panels, interior panels, and airbags, with high precision in the automotive industry. APAC was the largest robotic laser cutting market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Growing aircraft demand and the presence of a large existing base of manufacturing facilities will significantly influence and lead the robotic laser cutting market to register 76% incremental growth during the forecast period.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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The robotic laser cutting market covers the following areas:
Robotic Laser Cutting Market Sizing
Robotic Laser Cutting Market Forecast
Robotic Laser Cutting Market Analysis
Companies Mentioned
- ABB Ltd.
- DENSO CORPORATION
- FANUC CORPORATION
- JENOPTIK AG
- Kawasaki Heavy Industries Ltd.
- Mitsubishi Motors Corporation
- NACHI-FUJIKOSHI Corp.
- Staubli International AG
- YASKAWA ELECTRIC CORPORATION
Related Reports:
Laser Cutting Machine Market by Product, End-user, and Geography – Forecast and Analysis 2020-2024
Laser Cutting Machine Market in US by Product and End-user – Forecast and Analysis 2020-2024
Key Topics Covered:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user placement
- Automotive Industry – Market size and forecast 2019-2024
- Metal Industry – Market size and forecast 2019-2024
- Aerospace Industry – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- DENSO CORPORATION
- FANUC CORPORATION
- JENOPTIK AG
- Kawasaki Heavy Industries Ltd.
- Mitsubishi Motors Corporation
- NACHI-FUJIKOSHI Corp.
- Staubli International AG
- YASKAWA ELECTRIC CORPORATION
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Report: https://www.technavio.com/report/robotic-laser-cutting-market-industry-analysis
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