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Global $6Bn Laser Cutting Machine Market by Type, Process, Industry and Region - Forecast to 2023 - ResearchAndMarkets.com

October 8, 2018

DUBLIN--(BUSINESS WIRE)--Oct 8, 2018--The “Global Laser Cutting Machine Market - by Type, Process, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global laser cutting machine market will reach 6.05 billion USD by 2023, from 3.46 billion USD in 2017, with a CAGR of 9.76% during the period.Rapid industrialization and the increasing demand for laser cutting machines in various sectors are the key factors for the growth of the market. Technological advancements have led to investment in research and development activities, which is also driving the growth of the market.

The Asia-Pacific will dominate the market during the forecast period due to the increasing demand for laser cutting machines in the automotive, industrial manufacturing and medical sectors. North America will show a significant growth rate due to the presence of the powerful industrial sector.

Industry Trends & Updates

Bystronic is expanding the BySprint Fiber laser cutting system, which increases laser cutting productivity and the diversity of cutting applications.Waterjet-guided laser cutting systems maker Synova has opened a Micro-Machining Center (MMC) in Mumbai, India.Companies ProfiledCoherentIPG PhotonicsMKS InstrumentsTrumpfNewportJenoptikLumentumRofin-SinarAlpha LaserBystronicEpilogTrotecAmada MiyachiUniversal LaserXenetechand more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Laser Cutting Machine Market Segmentation, Forecasts and Trends - by Type

6. Global Laser Cutting Machine Market Segmentation, Forecasts and Trends - by Process

7. Global Laser Cutting Machine Market Segmentation, Forecasts and Trends - by Industry

8. Global Laser Cutting Machine Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Laser Cutting Machine Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/pbj7qg/global_6bn_laser?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005382/en/

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Related Topics:Process Industry,Machine Tools,Lasers,Industrial Machinery

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/08/2018 07:53 AM/DISC: 10/08/2018 07:53 AM

http://www.businesswire.com/news/home/20181008005382/en

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