What is the market prospect of laser cutting machine?
What is the market prospect of laser cutting machine?
15 years ago, there were perhaps no more than 20 laser cutting machine OEMs, and the industry was dominated by a handful of leading suppliers. In the meantime, however, the market has opened up, and today, there are a multitude laser cutting machine manufacturers on the market. The number of suppliers of other components, such as software and CNC controls, has also increased dramatically, with the result that virtually anyone with a modicum of know-how can now produce a fiber laser cutting machine.
This development has resulted in the market being flooded with cheap equipment, and this is precisely where the problem lies: Sheet metal processing companies are faced with a large number of new suppliers who have little process knowledge, do not guarantee spare parts availability, and do not offer any customer services, because their only goal is to sell at low costs in order to increase their own market share. This often results in the fact being overlooked that rather than being a plug-and-play solution, a laser cutting system only works when countless components interact flawlessly.
The industry has experienced significant technological advancements over the past 25 years – and major technological rollouts are always challenging.

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