Transparency Market Research Laser Processing Market to Expand at 10.20% CAGR Driven by Growing Medical Applications Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com Download Brochure REPORT DESCRIPTION Laser Processing Market report states that expanding at a strong CAGR of 10.20% from 2014 to 2020, the global laser processing market is anticipated to rise from a value of US$8.7 bn in 2013 to US$17.2 bn in 2020. Full Report Description of Laser Processing Market is available at: http://www.transparencymarketresearch.com/global-laser-processing-market.html The global laser processing market is driven by growing advantages of laser technology over conventional material processing technologies, rising use of laser drilling in oil and gas exploration, government regulations mandating the use of laser technology in marking and engraving products, and increasing applications of laser products in medical devices and surgeries. While emerging applications of laser technology and growing use of disk lasers in industrial applications hold immense scope for growth, the laser processing market is likely to be challenged by high initial costs of laser processing machines and rising environmental concerns with respect to mining of rare earth elements. Other trends that have been influencing the workings of the laser processing market include growing adoption of laser technology in additive manufacturing, rising use of ultra-short lasers for industrial processes, and laser melting in 3D printing to be used for various applications such as medical, jewelry, and aerospace.The research report studies the overall laser processing market by segmenting it on the basis of four key parameters: product type, end use, process, and geography. By product type, the laser processing market is divided into solid-state lasers, gas lasers, fiber lasers, and others such as dye, excimer, and semiconductor lasers. By process, the laser processing market is segmented into marking and engraving, material processing, and micro-processing. By end-use industry, the laser processing market is categorized into aerospace, automotive, electronics and microelectronics, original equipment manufacturers (OEMs), medical devices and treatment, and packaging. The laser processing market is geographically divided into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific dominates the global market and held a share of 42.60% in 2013. This region is primarily driven by increased demand for laser technology from original equipment manufacturers in material processing. Asia Pacific is also projected to be most rapidly developing segment of the laser processing market owing to increasing number of manufacturing plants in countries such as China, Japan, and South Korea. Browse the Sample Research Report at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3297 The major players competing in the global laser processing market include Prima Industrie S.p.A., Trumpf GmbH + Co. KG, Bystronic Laser AG, Newport Corp., LaserStar Technologies Corp., Epilog Laser Inc., Eurolaser GmbH, Han’s Laser Technology Co. Ltd., Coherent Inc., Rofin-Sinar Technologies Inc., Amada Co. Ltd., IPG Photonics Corp., Universal Laser Systems Inc., and Jenoptik Laser GmbH. These players are profiled in the report based on attributes such as company and financial overview, recent developments, business strategies, and product portfolio. Laser Processing Market, by Product Type > Gas Lasers > Solid-state Lasers > Fiber Lasers > Other (Semiconductor, Excimer, Dye) Lasers Laser Processing Market, by Process > Material Processing > Marking and Engraving > Micro-processing Laser Processing Market, by End-use Industry > Automotive Industry > Aerospace Industry > Original Equipment Manufacturers (OEM) Industry > Electronics and Microelectronics Industry > Medical Devices and Treatment Industry > Packaging Laser Processing Market, by Geography > North America > Europe > Asia -Pacific > Rest of the World (RoW) Brochure for the Report of Laser Processing Market can be downloaded at: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3297 About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/
Laser technology is used for processing wide range of materials including metals, non-metals, polymers, glass, rubber and others. This encourages manufacturers to adopt laser technology in their manufacturing operations. Rising demand for efficient material processing techniques in manufacturing industries is another driving factor for laser processing market.
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