Laser cutting machines provide an effective and efficient process to manufacture components with complex geometry. These machines help manufacturers to intricately cut materials ranging from steel to plastics with precision. This helps manufacturers develop products with unmatched versatility. Laser cutting machines are equipped with high-power lasers that can vaporize materials, thereby eliminating the need for tool-based machining. Because of such advantages, the adoption of laser cutting machines has increased among companies across industries such as Automotive, Aerospace and Defense, Electric and Electronic, Industrial Machinery, Healthcare, Plastics, Textiles, and Wood Working.
TechNavio's analysts forecast the Global Laser Cutting Machine market to grow at a CAGR of 9.20 percent over the period 2014-2019.
The Global Laser Cutting Machine market can be segmented into four segment: CO2, Fiber, Solid State, and Others Laser. These are different technology laser cutting machines used to cut work pieces of different specifications and materials.
TechNavio's report, the Global Laser Cutting Machine market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the Global Laser Cutting Machine market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
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