A new Transparency Market Research report states that the market for laser cutting machines will expand at a CAGR of 10.3% from 2014 to 2020. In 2013, the market stood at US$2.16 billion and is predicted to reach US$4.37 billion in 2020. The title of the report is “Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”
Laser cutting machines utilize laser beams for cutting materials, namely plastic, fabric, wood, acrylic, and several other materials which are non-metallic. The laser cutting machines are primarily utilized for improving the efficiency of work and for reduction of costs. The global laser cutting machines market is majorly stimulated by the expansion in vehicle production and increase in demand for aesthetics worldwide.
Browse the full Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at
https://www.transparencymarketresearch.com/laser-cutting-machines.html
The demand in appliances with high technology, namely personal computers and home entertainment systems is on the rise and laser cutting machines are utilized in the manufacturing and designing of these appliances. Additionally, the fast cutting speed as well as the enhanced quality of cutting are also among the major factors fuelling the growth of the market for laser cutting machines.
In terms of technology, the laser cutting machines are segmented into gas lasers, solid state lasers, and semiconductors lasers. Among these, in 2014, the solid state lasers represented the greatest market revenue share and will maintain this supremacy throughout the forecast horizon. The reason for the soaring demand of this type of lasers is their broad utilization in industries such as consumer electronics, automotive, aerospace, and defense.
Obtain Brochure Of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2653
On the basis of process, the laser cutting machines are segmented into flame cutting, fusion cutting, and sublimation cutting. Among these, the process of flame cutting led the market due to its improved quality and cutting finish as well as speed. Besides flame cutting, fusion cutting is the second most prevalent process utilized in the laser cutting machines market.
In terms of end-use industry, the laser cutting machines are segmented into consumer electronics, automotive, defense and aerospace, industrial, and others. Among these segments, the industrial segment held the biggest share in the global laser cutting machines market because of increasing industrialization in the developing nations worldwide.
Get Sample Of Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2653
On the other hand, the consumer electronics sector is the most swiftly expanding end-use industry in the laser cutting machines market and is predicted to witness exponential growth in the coming future.On the basis of geography, the laser cutting machines market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). In 2014, North America dominated the global laser cutting machines market owing to its robust industrial sector.
Asia Pacific held the second position and is the most swiftly developing region in the market for laser cutting machines. The increase in sale of consumer electronics is the key factor fuelling the uptake of laser cutting machines in this region. The prominent companies in this market include Amada Miyachi CO, Bystronic Incorporation, ALPHA Laser GmbH, Coherent Incorporation, DPSS Lasers Incorporation, Trumpf Laser GMBH + Co. Kg and IPG Photonics Corporation, among others.
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Comments
Post a Comment