Pune, March 11, 2022 (GLOBE NEWSWIRE) -- Global Laser Cutting Machines Market report gives you overall analysis of global market by size of industry, shares, revenue in past and future estimation, year over year growth of Laser Cutting Machines with the upcoming opportunities and challenges. Report also covers major players operating in the global Laser Cutting Machines market with company details, recent developments, revenue, mergers & acquisitions, expansion plans. Research reports also covers segmentation by product type, applications, and geographical regions, with market size of each type and application with respect to regions.
Laser cutting is a technology that uses a laser to cut materials. Laser cutting works by directing the output of a high-power laser most commonly through optics. The laser optics and CNC (computer numerical control) are used to direct the material or the laser beam generated. The laser cutting machines initially casts laser beam on the surface of work piece, melts it and finally evaporates the particular area of work piece using the energy released by laser.
The global laser cutting machine market is valued at 3.37 billion USD in 2020 is expected to reach 6.69 billion USD by the end of 2027, growing at a CAGR of 10.65% during 2021-2027.
Laser Cutting Machines market is split by type and by application for the period 2017-2028, the growth among segments provide accurate calculations and forecasts for revenue by type and by application. This analysis can help you expand your business by targeting qualified niche markets.
Segment by Type
CO2 Laser Cutting Machine
Fiber Laser Cutting Machine
Others
Segment by Application
Automotive
Aerospace and Defense
Machine Industry
Consumer Electronics
Others
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
Some Key Players Operating in the Laser Cutting Machines Market Are:
Trumpf
Bystronic
Mazak
Amada
Prima Power
Mitsubishi Electric
Trotec
Coherent
LVD
EO Technics
Tanaka
IPG Photonics
Cincinnati
Koike
GF
Spartanics
Han'S Laser
Jinan Bodor
HG Laser
Chutian Laser
Tianqi Laser
Lead Laser
Boye Laser
Kaitian Laser
Golden Laser
HE Laser
Laser Cutting Machines market report delivers COVID-19 impacts on the upstream, midstream and downstream businesses. Also, this study delivers a detailed market estimation by emphasizing facts on several aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. Ultimately, this report also offers comprehensive study and expert guidance on how to face the post COIVD-19 period.
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