Laser Processing Market Key Manufacturers [url=http://www.cheapnhlgoldenknightsjerseys.com/max-pacioretty-jersey/]Max Pacioretty Knights Jersey[/url] , Manufacturing Technology and Specifications Forecast by 2025
by rajshukla2017 · November 27, 2018
In the year 2015 the Global Laser Processing Market was sized at $10.36 billion and is estimated to grow at a significant rate due to the increase in material processing applications. Precise and accurate operations of industrial processes are achieved by implementing the laser technology in manufacturing.
The regulations and the norms set by the governments are expected to positively affect the growth of laser processing market in next few years. Due to their increased usage in various applications ranging from marking, cutting to welding, drilling, engraving the technology all set to witness tremendous growth in during the forecast period.
The strict directives set by the governments on the usage of laser technology in marking and its increased use in the growing field of medical surgeries and devices is expected to drive the laser processing market in the near future.
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The products related to laser technology consist of fiber [url=http://www.cheapnhlgoldenknightsjerseys.com/oscar-dansk-jersey/]Oscar Dansk Knights Jersey[/url] , gas and solid-state lasers. Gas segment consists of nitrogen, copper, carbon monoxide, carbon dioxide, helium-neon and argon-ion lasers.
Solid state lasers are further divided into YAG or Nd lasers [url=http://www.cheapnhlgoldenknightsjerseys.com/paul-stastny-jersey/]Paul Stastny Knights Jersey[/url] , Q-switched Nd lasers, small-diode pumped Nd, YVO4 lasers and large sized lasers in end or side pumped configuration. Manufacturers are benefitted by the use of fiber lasers with their use in the manufacturing technology which acts as a driver fir the market.
Varied field applications in the fields such as aerospace, machine tools, automotive [url=http://www.cheapnhlgoldenknightsjerseys.com/oscar-lindberg-jersey/]Oscar Lindberg Knights Jersey[/url] , medical and packaging is estimated to fuel the global laser processing market over the forecast period.
Laser processing segment consists of marking and engraving, material processing and micro-processing. This section comprises of all the major factors of laser and material processing involving implementation of laser beam welding, hybrid processes, micro drilling, surface modifications [url=http://www.cheapnhlgoldenknightsjerseys.com/cody-eakin-jersey/]Cody Eakin Knights Jersey[/url] , ablation of bulk material and coatings, cutting & machining direct manufacturing and so on.
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Crude oil extraction that involves mainly mining and drilling activities is largely benefitted by laser technology. Aerotech offers development in main areas such as mechanics, laser controls and controls. They also aid the system integrators, OEMs, end users using processes such as cutting systems [url=http://www.cheapnhlgoldenknightsjerseys.com/reilly-smith-jersey/]Reilly Smith Knights Jersey[/url] , marking, welding, etching and marking systems.
Furthermore, the engagement of laser technology with water-jet cutting technology in smooth surface with narrow cuts, increases the overall efficiency subsequently fuelling the market growth over next few years.
Application segment mainly includes OEMs [url=http://www.cheapnhlgoldenknightsjerseys.com/colin-miller-jersey/]Colin Miller Knights Jersey[/url] , Automotive, electronics and microelectronics, aerospace, medical and packaging. Rise in the rate of adoption of laser in various industrial applications such as cutting, welding [url=http://www.cheapnhlgoldenknightsjerseys.com/deryk-engelland-jersey/]Deryk Engelland Knights Jersey[/url] , drilling engraving and various material processing activities is expected to drive the market to new growth heights in the next few years particularly due to extensive use of this technology as machine tools.