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New York, November 9, 2021/PRNewswire/--It is reported that from 2020 to 2025, the market for medium and high-capacity laser cutting machines will grow by US$687.1 million, with a compound annual growth rate of nearly 4% during the forecast period increase. To Technavio.
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Factors such as the increasing demand for the development of high-quality products and the benefits provided in the industrial manufacturing process will provide tremendous growth opportunities. In order to take advantage of current opportunities, market suppliers must gain a foothold in the fast-growing market segment while maintaining their position in the slow-growing market segment. The market for medium and high-capacity laser cutting machines is fragmented, and the degree of fragmentation will accelerate during the forecast period.
The report covers the following areas:
2021-2025 Mid-to-High Capacity Laser Cutting Machine Market: Segmentation
From the product point of view, the fiber laser market will have the largest revenue in 2020. Similarly, for end users, the greatest demand for medium and high-capacity laser cutting machines comes from the automotive sector. From a geographical point of view, the Asia-Pacific region accounts for 60% of the global market share. Market growth in the Asia-Pacific region will be faster than market growth in other regions.
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2021-2025 Mid-to-High-Volume Laser Cutting Machine Market: Supplier Analysis and Scope
To help companies improve their market position, the mid-to-high-volume laser cutting machine market provides a detailed analysis of approximately 25 suppliers in the market. Some of these suppliers include Bystronic Laser AG, CINCINNATI Inc., Coherent Inc., DANOBAT GROUP S. Coop., IPG Photonics Corp., Laser Photonics, Mazak Optonics Corp., PRIMA INDUSTRIE Spa, TRUMPF GmbH Co. KG, and Universal Laser Systems company
The rise of automation is likely to become one of the main driving forces of the market. However, the lack of skilled operators may threaten the growth of the market.
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2021-2025 Mid-to-High-Volume Laser Cutting Machine Market: Main Highlights
Related report: Global Laser Cutting Machine Market-Global Laser Cutting Machine Market Segmented by Product (Optical Fiber, Solid State, Diode, etc.), End User (Automotive, Aerospace and Defense, Electrical and Electronics, Industrial Machinery, etc.) and Geography (Asia Pacific Regions, Europe, North America, South America and MEA). Download an exclusive free sample report
Global Robotic Laser Cutting Market-The global robotic laser cutting market is segmented by end users (automotive industry, metal industry, aerospace industry, etc.), solutions (hardware, software, and services), and geographic location (North America, Asia Pacific, Europe) , South America and MEA). Download an exclusive free sample report
Market Scope of Medium and High Capacity Laser Cutting Machine
Accelerate at a compound annual growth rate of nearly 4%
Asia Pacific, Europe, North America, South America and MEA
China, Japan, Germany, the United States and South Korea (Republic of Korea)
Leading company, competitive strategy, scope of consumer participation
Bystronic Laser AG, CINCINNATI Inc., Coherent Inc., DANOBAT GROUP S. Coop., IPG Photonics Corp., Laser Photonics, Mazak Optonics Corp., PRIMA INDUSTRIE Spa, TRUMPF GmbH Co. KG, and Universal Laser Systems Inc.
Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, and market conditions during the forecast period.
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Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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