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Laser Cutting Machines Market to Reach $4.37 Billion by 2020 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

01-17-2017 03:54 PM CET | Industry, Real Estate & Construction

Press release from: Laser Cutting Machines Market

ResearchMoz added Latest Research Report titled " Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 " to it's Large Report database.

The laser cutting machine is a machine which uses laser beam to cut materials such as acrylic, plastic, wood, fabric, and many other non-metallic materials. 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. Furthermore, the laser cutting technique is able to improve working efficiency and reduce cost. Laser cutting machines are widely used to process metal and non-metal materials. It also symbolizes significant manufacturing tools, which are important to the production of a range of finished goods and manufactured parts.

Among all the application segments, industrial segment holds the largest market share at present in the laser cutting machines market. However, consumer electronics and defense and aerospace are expected to be the fastest growing application segments globally. The global laser cutting machines market is expected to witness a substantial growth during the forecast period. This is due to its increasing demand across various end use industries such as automotive, consumer electronics, defense and aerospace, industrial and others globally.

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This market research study analyzes the laser cutting machines market on a global level and provides estimates in terms of revenue (USD billion) from 2014 to 2020. The report identifies the drivers and restraints impacting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

North America represents the largest market for laser cutting machines. In 2014, North America accounted for more than 30% revenue share in the global laser cutting machines market. However, Asia-Pacific is the growing at a CAGR of 12.8% from 2014 to 2020. The region is expected to be the fastest growing region due to significant growth in GDP of countries such as China, India, South Korea, Singapore, Taiwan and several others. Moreover, positive growth prospects in GDP of these countries is expected to help the region to dominate the laser cutting machines market in the coming few years.

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Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary

Chapter 3 Market overview
3.1 Introduction
3.2 Value chain analysis
3.3 Market dynamics
3.3.1 Market drivers
3.3.1.1 Outclassing every other substitute tools available for cutting materials
3.3.1.2 Rising demand for the aesthetics
3.3.1.3 Growing vehicle production worldwide
3.3.2 Market restraints
3.3.2.1 High initial investment and high maintenance cost
3.3.2.2 Safety concerns with lasers
3.3.3 Market opportunities
3.3.3.1 High adoption of disk lasers in the industries
3.4 Global laser cutting machines industry – Porter’sFive Forces Analysis
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of new entrants
3.4.4 Threat from substitutes
3.4.5 Degree of competition
3.5 Global laser cutting machines market attractive analysis, by technology
3.6 Market share by key players

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