Global Medium and High Capacity Laser Cutting Machines Market (2017-2021) - Key Vendors are Bystronic, Coherent, IPG Photonics, Mazak Optonics, Newport & Trumpf

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Jul 18, 2017, 17:45 ET

DUBLIN, July 18, 2017 /PRNewswire/ --

The "Global Medium and High Capacity Laser Cutting Machines Market 2017-2021" report has been added to Research and Markets' offering.

The global medium and high capacity laser cutting machines market to grow at a CAGR of 5.16% during the period 2017-2021.

The report, Global Medium and High Capacity Laser Cutting Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is growing adoption in other end-user industries. Laser cutting technology has come a long way in terms of its use in the industrial sector. The novel application of laser cutting as a graphic art medium is still in its nascent stage. This technology has been used by most of the greeting card companies for over 20 years now. At present, it is increasingly being used in other markets, including party accessories, insert advertisements, stationery items, and direct mail marketing. It is no longer regarded as a high-cost novelty medium for limited quantities and high-end applications.

According to the report, one of the major drivers for this market is increasing need to develop superior-quality products. At present, the manufacturing scenario is very different from what it used to be a decade ago. With advances in technology and innovation, it is possible to produce parts quickly, efficiently, and at lower costs. One such advanced technology, whose use is growing by the day is laser cutting. This technique is used to produce parts at record speeds in industrial manufacturing while simultaneously saving on costs.

Further, the report states that one of the major factors hindering the growth of this market is lack of skilled operators. CNC-based laser cutting machines have been in use for the past four decades. At the heart of the machine is a computer or a microprocessor-based control system, which converts digital data into the desired motion control, which executes the process of cutting metal plates. The control system is responsible for manipulating every component of the cutting equipment during processes such as firing of the plasma torch, activation of the torch height, and other automation-related functions.

Key vendors

Bystronic
Coherent
IPG Photonics
Mazak Optonics
Newport
TRUMPF

Other prominent vendors

ALPHA LASER
AMADA AMERICA
Cincinnati
Cutlite Penta
CY LASER
DANOBATGROUP
DPSS Laser
Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/lxfmd6/global_medium_and

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SOURCE Research and Markets