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SVP Japan Releases Market Analysis on Laser Processing Machines

In a significant development in the realm of industrial technology, SVP Japan, a member-based market research service, has unveiled its latest report titled 'Laser Processing Machines - Current Domestic Market Situation and Future Outlook'. This report is exclusively available for member companies, providing them with crucial insights into the trends and projections of the laser processing machine market.

Overview of the Domestic Laser Processing Machine Market

The laser processing machine market is largely influenced by investment trends in machining equipment. Recently, there has been a marked expansion in applications across various industries such as sheet metal, automotive, and electronic components. However, in 2023, the market faced challenges due to a decline in demand from the electronics and automotive sectors, resulting in a negative growth trajectory. It is anticipated that 2024 will see a plateau, but signs of recovery are expected to emerge in 2025. The estimated market size for 2024 is approximately ¥85 billion, with a projected annual growth rate of around 5%, potentially reaching ¥100 billion by 2027. This growth is particularly attributed to the ongoing shift from CO2 lasers to fiber lasers, which offer high precision and speed. The adoption of these technologies is accelerating due to their energy efficiency and processing accuracy.

The potential for expansion is particularly notable in high-growth areas such as the micro-processing of electronic components, the use of high-strength steel plates in automotive manufacturing, and the production of medical devices. The market holds significant long-term growth potential driven by both technological advancements and increasing market demand.

Market Composition and Trends

When examining the domestic market by application, cutting and machining account for about 60% of the total usage, followed closely by welding. The product landscape is seeing a transition from CO2 to fiber lasers, broadening the applications beyond traditional sheet metal processing to include three-dimensional processing and micron-level precision machining.

In terms of market competition, Amada and Mitsubishi Electric hold substantial shares, while Germany's Trumpf has also established a strong presence. Amada has carved out a niche by developing its own fiber laser oscillators, allowing for diverse applications across multiple industries. Mitsubishi Electric has obtained a dominant position in lasers specifically designed for printed circuit boards. Moving forward, changes in the structural dynamics of industries—such as the miniaturization of electronic components and the electrification of vehicles—are expected to further boost the demand for laser processing machines. For domestic manufacturers, leveraging energy efficiency and precision processing capabilities will be critical in expanding into new territories like new materials and medical devices as a growth strategy.

Structure of the Report

The report comprises the following sections:
1. Market Definition
2. Market Trends
3. Market Size and Forecast
4. Market Share
5. Trends of Entering Companies
6. Industry Structure

How to Access the Report

This service is exclusively available to SVP members. For those interested in accessing the report, becoming an SVP member will enable you to read all regularly distributed market research reports, including quick research and project research related to business insights. Members can access detailed reports by clicking here.

For inquiries about company information or to request documentation, please check the following details:

About SVP Japan

SVP Japan operates with the mission of providing business intelligence easier to access to foster success. The company provides member firms with quick research based on publicly available business data, as well as customized project research services. Founded in Japan in 1974, SVP Japan is now a member of a global network spanning 40 countries, assisting decision-making for member companies primarily among large enterprises through robust information capabilities. The company has recently revamped its governance structure in 2021, positioning itself for a second inception aimed at expanding its information services to adapt to evolving market conditions.

Company Overview

• - Name: SVP Japan Co., Ltd.
• - CEO: Masashi Hashimoto
• - Location: 2F, Miyamae Building, 1-38-9 Kakigaracho, Nihonbashi, Chuo-ku, Tokyo
• - Established: July 1, 1974
• - Business Activities: Member-based business information services
• - Website: SVP Japan

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