Press release
Fiber Laser Cutting Machine Market is Expected to Grow With a CAGR of 3.7% During the Forecast Period 2018-2025
Fiber Laser Cutting Machine Market By Type ( 2D laser cutting, 3D laser cutting ), By Application ( General Machinery Processing, Automotive Industry, Home Appliance, Aerospace and Marine ), Industry Trends, Estimation & Forecast, 2018-2025. In 2017, the 2D laser cutting segment generated the highest revenue share in the global fiber laser cutting machine market. Among major regions, Asia-Pacific was the highest revenue generating market, holding nearly 48% of the market share, in 2017.“High ergonomics, fast operation and high power safety are some of the major factors which are driving the growth of 3D fiber laser cutting machines. Most of the 3D fiber laser cutting machines use pre-focused optical system with appropriate deflection lenses, leading to enhanced focus accuracy, better transmission of laser light and smooth functioning of the machine. The continuous expansion of automobile manufacturing industry, especially in the Asia-pacific region is expected to boost the sales of 3D fiber laser cutting machines during the upcoming years.”
2D laser cutting segment led the global fiber laser cutting machines market in 2017 due to its surging applications in various industries
2D fiber laser cutting machines are usually used for applications such as metal processing, aviation industry, sheet metal workshops, fast cutting of stainless steel, and many others. In addition, 2D technology is also used for the manufacturing of ships, metallurgical equipment, elevators, tools, and home appliances among others. The excellent beam quality, high focus power and impressive efficiency are the major factors which are propelling the growth of the market. Moreover, a continuous demand for sheet metal components from the industries such as automobile and locomotive is stimulating the growth of 2D fiber laser cutting machines in the respective sectors.
General machinery processing segment emerged as the market leader with a share of nearly 40%, owing to the requirement of finest cutting techniques in the sector
The intricate and complex designs of blades, precise hole formations, and generation of cuts & groves in machines require the finest cutting techniques. Turbines, industrial pumps, and other huge machineries require accurate designing and manufacturing, in order to avoid catastrophic end results caused due to minute manufacturing defects. A slightest flaw in the design or in the grooves of the component might cause the whole machine unit to collapse. In order to avoid such mishaps, several machine manufacturers are adopting fiber laser cutting machines in their workshops, which in turn is fuelling the growth of the segment in the global market.
To know more about the report, visit at https://www.esticastresearch.com/market-reports/fiber-laser-cutting-machine-market
Asia-Pacific emerges as a lucrative market due to the growth of various industries in the region
Asia-Pacific held nearly 48% market share, in terms of revenue, of the global market in 2017. The segment is expected to grow with an impressive growth rate of 4.1% during the forecast period. China is one of the largest markets for automobiles and automotive parts in the world. A booming trend of e-vehicles is flourishing the growth of fiber laser cutting machines market in China, as this technique is widely adopted for the cutting of intricate designs and component structures which are used in automobiles. In addition, a rapid expansion of electronics and semiconductor industry in countries such as Korea and Taiwan has paved the way for several growth opportunities in the regional market. Whereas, in India, the growth of medical and automobile industry, along with various initiatives taken by Indian government such as “Make in India” are propelling various regional and foreign manufacturers to invest in the country. This is expected to offer lucrative opportunities for the growth of fiber laser cutting market in the region.
KEY FINDINGS OF GLOBAL FIBER LASER CUTTING MACHINE MARKET, 2017-2025
• The home appliance application segment is expected to grow with an impressive growth rate of 4.3% during the upcoming years.
• 3D laser cutting machine segment is anticipated to grow with the highest CAGR of 5.6% during the forecast period 2018-2025.
• Asia-Pacific is expected to grow with the highest CAGR of 4.1% during the forecast period.
Some key market players are Trumpf, Bystronic, Han’S Laser, Amada, Mazak, Penta-Chutian, LVD, Koike, DMG MORI, Coherent, Lead Laser, IPG Photonics, Tanaka, Mitsubishi Electric, Prima Power, Tianqi Laser, Golden Laser, Unity Prima, Cincinnati, HE Laser, Tianhong Laser, HG Laser, and Boye Laser.
Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges.
S. No.8/2A/1, Vitthal Heights, Above Yashwant, Kharadi, Pune-411014
Tel: +91-844-601-6060
Email: help@esticastresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fiber Laser Cutting Machine Market is Expected to Grow With a CAGR of 3.7% During the Forecast Period 2018-2025 here
News-ID: 1089412 • Views: …
More Releases from Esticast Research & Consulting

Kitchen Appliances Market Revenue Will Reach $297.1 Billion By 2024, Says Estica …
Global Kitchen Appliances Report concentrates on the strong analysis of the present state of Kitchen Appliances industry which will help the readers to develop innovative strategies that will act as a catalyst for the overall growth of their industry. This research report segments the Kitchen Appliances industry according to Type, Application and regions. This thorough Kitchen Appliances Market analysis report incorporates shortly on these trends that may assist the companies…

Global Automotive Test Equipment Market Overview 2019 – Honeywell Internationa …
Automotive test equipment enables a manufacturer to verify if a vehicle adheres to the government safety standards, in order to ensure the safety of the passengers. These equipment are required for lubricant aeration, engine oil consumption, and measuring the engine wear, fuel dilution & evaporation.
Get Sample PDF of a Report at https://www.esticastresearch.com/market-reports/automotive-test-equipment-market/request-sample
Global Automotive Test Equipment market research report delivers an in depth study with present and future Opportunities to clarify…

Global IT Relocation Services Market 2019-2025 - Curvature, OPUS IT, IDM Works
Global IT Relocation Services Market research report is delivering key insights and providing a competitive advantage to clients through a detailed report. The IT Relocation Services report is helpful for new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Ask Sample PDF of IT Relocation Services Market Report: https://www.esticastresearch.com/market-reports/it-relocation-services-market/request-sample
IT Relocation Services Market – Overview
The data associated…

Intelligent Virtual Assistant Market Analysis and in-Depth Research on Market Dy …
Global Intelligent Virtual Assistant Market research report is delivering key insights and providing a competitive advantage to clients through a detailed report. The Intelligent Virtual Assistant report is helpful for new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Intelligent Virtual Assistant Market was valued at $1.1 billion in 2016 and is projected to reach $11.9…
More Releases for Laser
Laser Marking Machine Market Key Players - Trotec Laser GmbH, Coherent, Universa …
United States, New Jersey: Laser Marking Machine Market size was valued at USD 2.55 Billion in 2020 and is projected to reach USD 4.96 Billion by 2028, growing at a CAGR of 7.6% from 2021 to 2028.
Laser Marking Machine Market Overview
The laser marking machine market is experiencing substantial growth, driven by the increasing demand for precision marking and engraving across various industries. Laser marking technology is widely adopted in sectors such…
Fabric Laser Cutting Machine Market Research with COVID-19 - Han's Laser, Gravot …
The Global Fabric Laser Cutting Machine Market Analysis Report provides detailed information of the market as well as critical insights on market size and share, growth driving forces and growth restricting forces, challenges and risk factor, trends and opportunities, advancements and more competitive landscape: profile & business overview of top key players and manufacturers that help comprehend the position of the market on a deeper level.
Download PDF Sample@ https://www.themarketinsights.com/request-sample/254771
Moreover, historic…
Laser Cleaning Market 2020 Analysis by Top Manufacturers -Hans Laser, IPG Photon …
The Global Laser Cleaning Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Request…
Medical Laser Systems Market (CO2 Laser, Excimer Laser, Ho:Yag Laser, Nd:Yag Las …
Lasers produce parallel, monochromatic and coherent beams of light of specific frequency by the process of stimulated emission. This report includes the market estimation of the global medical laser systems market for the forecast period in terms of USD million, considering 2011 as the base year. Furthermore, the market trends, drivers, restraints, future opportunities and recent developments have been taken into account while forecasting the market growth and revenue for…
Fiber Laser Market 2025 - Global Analysis and Forecasts by Type (Infrared Fiber …
The "Global Fiber Laser Market Analysis to 2025" is a specialized and in-depth study of the fiber laser industry with a focus on the global market trend. The report aims to provide an overview of global fiber laser market with detailed market segmentation by type, application and geography. The global fiber laser market is expected to witness high growth during the forecast period. The report provides key statistics on the…
Global Laser Processing Market Forecast 2018-2025 Bystronic Laser AG, Eurolaser …
Market study on Global Laser Processing 2018 Research Report presents a professional and complete analysis of Global Laser Processing Market on the current market situation.
Report provides a general overview of the Laser Processing industry 2018 including definitions, classifications, Laser Processing market analysis, a wide range of applications and Laser Processing industry chain structure. The 2018's report on Laser Processing industry offers the global Laser Processing development history, development trends…