A recent report published by
Infinium Global Research on industrial laser market provides in depth analysis
of segments and sub-segments in global as well as regional markets of
industrial laser market. The study also highlights the impact of drivers,
restraints and macro indicators on the global and regional markets of
industrial laser over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
industrial laser market. According to report the global industrial laser market
is projected to grow at a CAGR of 5.5% over the forecast period of 2018 - 2024.
Market Insights
Increase in need for product
marking to offer better traceability is expected to be the factor driving the growth
of the market. Additionally, the growing need for heat treatment, welding and
drilling are driving the demand for industrial laser market. However,
difficulties in cutting the reflective metals such as aluminum and copper is a
primary factor restraining the growth of the market. Moreover, the advantages
of laser cutting technology over the traditional methods of cutting are anticipated
to boost opportunities for the key players in the global industrial laser
market over the upcoming years.
Segments Covered
The report on global industrial
laser market covers segments such as product type, power type, end-use and
application. The product type segments include fiber lasers, Co2 lasers, solid
state lasers and others. On the basis of power type the global industrial laser
market is categorized into high power, medium power and low power. Furthermore,
on the basis of end-use the industrial laser market is segmented as medical,
defense, oil & gas, manufacturing, construction, automotive, electronics and
other. On the basis of application the industrial laser market is segmented as
marking, micrometrials and macromaterials.
Geographic Coverage
The report provides regional
analysis covering geographies such as North America, Europe, Asia-Pacific, and
Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2016 – 2024. The countries covered in
the North America region include the U.S., Canada, and Mexico; while
Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among
others. Moreover, European region covers countries such as Germany, UK, France,
Spain, and rest of Europe. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region
offers a substantial potential for the market growth owing to rapid growth in
markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2018 - 2024.
Companies Profiled:
The report provides profiles of
the companies in the global industrial laser market such as, Han's Laser
Technology, Calmar Laser Inc, IPG Photonics, Clark MXR, Coherent, TRUMPF,
Apollo Instruments, 3 SP Technologies S.A.S, Hypertharm Inc, and Amonics Ltd.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends and micro and macro indicators. In addition,
this report provides insights on the factors that are driving and restraining
the global industrial laser market. Moreover, IGR-Growth Matrix analysis given
in the report brings an insight on the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of
industrial laser market. Moreover, the study highlights current market trends
and provides forecast from 2018 to 2024. We also have highlighted future trends
in the industrial laser market that will impact the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight on the market share of the leading players. Additionally, the
analysis highlights rise and fall in the market shares of the key players in
the market. This report will help manufacturers, suppliers and distributors of
the industrial laser market to understand the present and future trends in this
market and formulate their strategies accordingly.
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