TechNavio's analysts forecast the Global Laser Cutting Machine market to grow at a CAGR of 15 percent over the period 2011-2015. One of the key factors contributing to this market growth is the need for precision in product development. The Global Laser Cutting Machine market has also been witnessing a fall in prices due to stiff competition. However, high cost of ownership could pose a challenge to the growth of this market.
TechNavio's report, the Global Laser Cutting Machine Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Laser Cutting Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Trumpf GmbH, Amada Machine Tools Co., Ltd., and Bystronic Inc.