DUBLIN--(BUSINESS WIRE)--The "Laser Processing Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global laser processing market was valued at US$9.291 billion in 2017 and is projected to expand at a CAGR of 9.25% over the forecast period to reach US$15.798 billion by 2023.
Laser processing refers to the use of high-intensity light beams in material fabrication which include activities like cutting, engraving, drilling or welding. It is also used in the cleaning purposes using lasers. Increasing applications in medical devices and surgeries are one of the major market drivers. Also, the rapid growth of nano-fabrication technology is contributing towards the growth of the global laser processing market. U.S.A in North America is the leading supplier of lasers and hold a significant market share globally. However, high initial costs of laser processing systems is one of the major restraints of the global laser processing market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
- Epilog Laser
- Newport Corporation
- Lumentum Operations LLC
- Laser Cutting Company, Inc.
- IPG Photonics Corporation
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Laser Processing Market By Type
6. Global Laser Processing Market By Configuration
7. Global Laser Processing Market By Veritcals
8. Global Laser Processing Market By Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/hlbspf/laser_processing?w=4