Laser Cutting Machine Market to Hit USD 12.3Bn by 2031 Growing at 9.55% CAGR: Mordor Intelligence
View original at globenewswire.comLaser Cutting Machine Market to Hit USD 12.3Bn by 2031 Growing at 9.55% CAGR: Mordor Intelligence Hyderabad, Feb…
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Electronics manufacturers are turning to laser-based solutions for delicate tasks such as display separation and circuit board processing
80% confidenceAsia-Pacific continues to set the pace for adoption as manufacturing investments, government support, and export-oriented production drive widespread use of laser cutting systems
80% confidenceThe control valve market was valued at USD 9.01 billion in 2026 and is projected to reach USD 13.58 billion by 2031, growing at a CAGR of 8.55%
80% confidenceThe laser cutting machine market is witnessing steady expansion as manufacturers increasingly adopt high-precision and automated cutting solutions across industrial verticals
80% confidenceThe laser cutting machine market size is expected to grow from USD 7.82 billion in 2026 to USD 12.34 billion by 2031, registering a compound annual growth rate (CAGR) of 9.55% during the forecast period
80% confidenceThe liquid ring vacuum pump market was valued at USD 1.85 billion in 2026 and is forecast to reach USD 2.42 billion by 2031, expanding at a CAGR of 5.52%
80% confidenceLaser technologies that enable clean internal separation and crack-free processing are gaining traction, helping improve yield and streamline downstream cleaning steps
80% confidenceAs chip designs become more compact and complex, manufacturers require cutting methods that minimize stress, reduce debris, and protect delicate internal structures
80% confidenceLocal manufacturers in China are expanding aggressively, supported by policies that position laser technologies as strategically important to advanced manufacturing
80% confidenceSustained laser cutting machine market growth is supported by rising investments in smart factories, increasing use of laser systems in automotive and electronics manufacturing, and the shift toward flexible, software-driven production lines
80% confidenceNorth America and Europe remain technology leaders, with demand centered on high-precision applications in automotive, aerospace, and advanced industrial manufacturing
80% confidenceEV producers increasingly rely on laser systems to process lightweight metals and complex components with minimal thermal impact, supporting faster production cycles and enhanced design flexibility
80% confidenceThe E-House market stood at USD 1.7 billion in 2025 and is expected to reach USD 2.39 billion by 2030, registering a CAGR of 6.98%
80% confidence