Albany, NY -- (SBWIRE) -- 02/10/2017 -- About laser cutting machine

Laser cutting machines have high-power lasers that can vaporize a range of materials from steel to plastics with high levels of precision. The versatility of these machines enables manufacturers to cut various types of materials to develop products and components that have complex geometry. Therefore, laser cutting machines provide an efficient and effective process in the industrial manufacturing sector

Technavios analysts forecast the laser cutting machine market in the US to grow at a CAGR of 5.50% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the laser cutting machine market in the US for 2017-2021. To calculate the market size, the report considers the low-power lasers and the market estimations are based upon end-use applications and not based on material thickness. The end-user applications included are considered under the micro-material processing only.

Technavio's report, Laser Cutting Machine Market in The US 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.

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Key vendors
Bystronic
Coherent
IPG Photonics
Mazak Optonics
TRUMPF
Other prominent vendors
Vytek Laser Systems
Amada America
Jenoptik
Hypertherm
Cutlite Penta
DANOBATGROUP
CYLASER
Laser Photonics
BLM
Sahajanand Laser Technology
Cincinnati
Market driver
Increasing need to develop superior-quality products
For a full, detailed list, view our report

Market challenge
Uncertainties in business policies due to recent US presidential elections
For a full, detailed list, view our report

Market trend
Use of fiber lasers for micro-cutting applications in medical device industry
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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