A fiber laser cutting machine has many benefits over a standard fiber laser cutter, including high precision and processing flexibility. However, given the doubts surrounding a fiber laser cutting machine, the question mentioned earlier is still making its way through the industry and has some importance. The practical, time-consuming ways should be replaced with something quick and efficient as a result of technological advances over time. Therefore, the loss of market share for CNC punching machines and shearing equipment is not surprising. Additionally, a CO2 laser cutting machine is a more recent addition to this list of options. This was because it was time-consuming, expensive, included additional overhead, and the output’s quality was lower to the power input.