Characteristics of the market for CNC fiber laser show a picture that is defined by changing demand patterns in industry, advancements related to technology and increasing awareness about efficiency and accuracy within manufacturing processes. CNC (Computer Numerical Control) fiber lasers have also seen several trends that are impacting the adoption of these in different industries.
One major trend includes the popularization of small and portable CNC fiber laser systems. Manufacturers want versatility and the capacity to install laser cutting as well as engraving in various environments. This trend can be considered appropriate for small and medium-sized enterprises which are searching for low cost solutions that cope well with different requirements of production. An additional key development in the CNC fiber laser market is incorporating artificial intelligence AI and machine learning ML technologies.
This integration increases the features of CNC fiber lasers with predictive maintenance, optimization processes and adaptive control. AI-powered systems can analyze large volumes of data in real time, delivering useful information that assists increase operational efficiency and reduce downtime. Therefore, more and more manufacturers are seeking for smart manufacturing solutions supported by AI to optimize the use of CNC fiber laser systems.
There is also a growing demand for high-power CNC fiber lasers in the market. They allow for faster cutting speeds and the ability to process thicker materials at higher power levels. This trend is fueled by industries such as automotive, aerospace and heavy machinery manufacturing since they demand high-performance solutions to meet their needs in regard of cutting and shaping a wide category of materials ranging from metals with different thicknesses.
As the market reacts to a demand for increasing productivity and capacity, higher power levels fuel this quest. Moreover, many market trends are focusing on sustainability in the CNC fiber laser. Manufacturers and even end-users pay more attention to environmentally friendly solutions.
CNC fiber lasers, which are more energy-efficient than the conventional cutting methods happen to align with this sustainability drive. With growing regulatory pressures and corporate responsibility initiatives, the market for CNC fiber lasers is increasingly inclined towards eco-friendly manufacturing techniques in metal cutting engraving industry.
Report Attribute/Metric | Details |
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Market Opportunities | Growing demand for 3d printers in industrial manufacturing.Growing benefits of fiber laser cutting over traditional CO2 lasers |
The Global CNC Fiber Laser Market is estimated to register a CAGR of 7.1% to reach USD 2.5 Billion by the end of 2030.
A CNC laser cutter is a piece of computer numerical control (CNC) equipment that marks, cuts, or engraves a material to form custom shapes using a focused, high-powered laser beam. Its one-of-a-kind design and operation make it extremely precise, especially when cutting intricate shapes and small holes. CNC laser cutting is a thermal-based, non-contact process. This head and lens assembly focuses a laser beam — a column of very high-intensity light — on the workpiece through the nozzle, melting and cutting the workpiece to form the desired shape. Compressed gas (also flowing through the nozzle that ejects the laser beam) is used in CNC lasers to cool the focusing lens and expel the vaporized metal from the workpiece.
COVID-19 has severely impacted and disrupted supply chain hubs across the globe. China, one of the major manufacturing hubs, has registered a decline of ~14% in the production capacity and a decline of ~40% in global electronic component shipments. COVID-19 has infected the Global Value Chain hub, wherein China played an important role in providing raw materials, assembly of products, and final dispatch. The significant decline in the export includes textile raw material, garments and clothing accessories, mechanical and electrical products, automatic data processing systems, central processing units, electrical equipment, and automobiles.
3D printers are technologically adapted to the use of laser technology, as the extruder head can simply be replaced by a laser head, while the entire cutting process occurs on the device's print bed. The ease of assembly on a 3D printer provided by compact CNC lasers is significant, as no additional cooling of the laser head is required, nor are high-strength structures required.
The increasing adoption of automation technologies in emerging economies, including India, Brazil, Mexico, Vietnam, and Cambodia, is projected to present new growth factors for CNC Fiber Laser/Laser manufacturers. The COVID-19 pandemic has created the demand for essential equipment, with CNC makers being declared a vital part of essential services. Industrial design companies are increasingly relying on CNC machines for manufacturing modular kitchens, furniture, educational & play equipment, and PoS units.
3D printing is a cost-effective technology that is used for producing parts with complex geometries. 3D printing has developed significantly and is now performing crucial roles in manufacturing, medicine, architecture, and custom art and design applications. The use of 3D printers offers manufacturer benefits such as a reduction in new production line implementation time, optimization of the sensor assembly, and improvement of Pick-to-Light sensor stability, and easy designing and construction of racing cars.
The semiconductor & electronics industry is a multi-billion-dollar business. CNC Fiber Laser/Laser offer a competitive edge to the leading manufacturers. Utilizing a CNC Fiber Laser/Laser in the manufacturing process is a slightly complex process that requires a high level of finesse and expertise. The design needs to be prepared in a computer-generated CAD/CAM environment, and the CNC Fiber Laser/Laser is then programmed to carry out the tasks.
The global CNC Fiber Laser/Laser market is growing with favorable growth prospects soon. This is due to existing key players coming forward with innovative technologies in the CNC Fiber Laser/Laser market. The value chain analysis for the CNC Fiber Laser/Laser market comprises five major components starting with research & development centers, material, components, and parts suppliers, CNC Fiber Laser/Laser manufacturers, system integrators, and end-users.
The global CNC Fiber Laser Market has been segmented on the basis of product, type, application, end user, and region.
The CNC Fiber Laser Market is segmented into CNC CO2 Laser Cutter, CNC Crystal Laser Cutter, and CNC Fiber Laser Cutter.
The CNC Fiber Laser Market is segmented into Stationary Gantry Type, and Movable Gantry Type. The Movable Gantry Type segment is expected to garner high revenue growth in the coming 10 years.
CNC Fiber Laser Market is segmented into Wood Working, Stone Working, Metal Working, and Others.
CNC Fiber Laser Market is segmented into Automotive, Building & Construction, Consumer Electronics, Aerospace & Defense, Medical, Energy & Power, Furniture, Transportation, and Others.
Asia-Pacific led the Global CNC Fiber Laser Market in 2021, whereas the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Furthermore, increasing labor costs in the region are expected to result in the adoption of CNC Fiber Laser/Laser over the conventional machining process, driving the market growth. Moreover, the growing investments in the aerospace & defense industry are also expected to support the growth of the market in the Americas throughout the forecast period.
The CNC Fiber Laser/Laser market in Europe is expected to grow at a notable rate during the forecast period, mainly due to the increase in the adoption of advanced technology and import and export activities in the region. Moreover, the region is a hub for the automotive industry due to the presence of leading manufacturers with high production capacities, such as Audi, BMW, and Volvo.
The global CNC fiber laser/laser market is distinguished by the presence of numerous global, regional, and local players catering to the growing demand for automation and rising demand for high-quality products. However, high power consumption may hamper the growth of the global CNC fiber laser/laser market. The major players have adopted a strategy of obtaining regulatory approval from government agencies for their products and signing contracts and agreements to broaden their reach and reduce operational costs. These include Mcmillanco, Llc, Zinser Gmbh, Accurl, Gmt Engineers Private Limited., Precision Waterjet & Laser, Hpc Laser Ltd., Ctr Lasers, Mantech Machinery Ltd., Hglaser Engineering Co. Ltd, Yamazaki Mazak Corporation, Mitsubishi Electric Corporation, Messer Cutting Systems Gmbh, Bodor, and Multicam Inc..
Mazak Optonics Corp. has launched the latest laser-cutting lineup, the FT-150 FIBER. The FT-150 FIBER tube-cutting laser has been designed for high-speed cutting and reduced non-cutting process to improve cycle times for small to medium diameter tubes.
Messer Cutting Systems acquired the US-American manufacturer of products in the oxyfuel sector, Flame Technologies, Inc. (Flame Tech), through an affiliate company. With Flame Tech, Messer Cutting Systems strengthens its position as an international solution provider of Oxyfuel, Steel Mill and pre-heating solutions.
As per MRFR, the global CNC Fiber Laser Market has been growing significantly over the past few years. The global CNC Fiber Laser Market has been segmented on the basis of product, type, application, end user, and region. Based on region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The scope of the global CNC Fiber Laser Market study includes the market size analysis and a detailed analysis of the vendor's products and strategies. The market has been segmented based on product, type, application, end user, and region.
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