The
use of lasers to process metal and non-metal materials and develop
new industrial products is accelerating around the world. Laser
cutting machines are used to cut materials such as plastic, fabric,
wood, acrylic, and many other non-metallic materials. These devices
are used in various industrial applications in order to increase the
efficiency of the industrial products and consistently provide a
quick turnaround without compromising on the quality of the output.
The
laser cutting machines market is expected to reach US$4.37 billion by
2020, from US$2.16 billion in 2013. Mainly used for improving the
efficiency of work and reducing costs during industrial operations,
the demand for laser cutting machines is expected to grow rapidly
across the globe. In the next five years, the market is set to expand
at a CAGR of 10.3% between 2014 and 2020.
Browse
Market Research Report of Laser Cutting Machines Market:
http://www.transparencymarketresearch.com/laser-cutting-machines.html
The
main driver that is stimulating the laser cutting machines market is
the growth of the global automotive industry. The automotive industry
has been a pioneer in adopting laser technology in the manufacturing
process. The expansion in vehicle production and demand for
laser-welded auto parts is boosting the overall laser cutting
machines market.
Advances
in Laser Technology are Widely Adopted by Automakers
The
automotive industry is a lucrative area for industrial laser
processing methods. The field is incorporating new solid-state laser
technologies evolving at a rapid pace across the globe. Since the
early 80s, demand from the automotive industry has been one of the
significant driving forces behind innovative high-power laser
applications.
Automotive
manufacturers utilize the advantages of laser cutting machines such
as the low heat input into the material, high quality achieved while
cutting edges, as well as the high processing speeds when working
with a range of auto parts. The use of lasers to weld gear parts,
produce airbag components, and weld essential engine components in a
vehicle highlights the need for advanced laser cutting machines.
These devices offer good possibility of automation, thereby improving
the work piece geometries and reducing the complexities regarding the
cutting of the edges.
Browse
Market Research Press Release of Laser Cutting Machines Market:
http://www.transparencymarketresearch.com/pressrelease/laser-cutting-machines.htm
Besides
high flexibility and rapidness, laser cutting machines are also known
for their user-friendliness and precision. These devices provide
accurate, clean, and damage-free operations, and are thus widely used
by automakers worldwide.
Automotive
is a growing industry and thus holds promise for industrial laser
processing, especially high-power fiber/disk lasers. Currently, IPG
Photonics is the leading market player in the global market for laser
cutting machines. Their laser cutting machines offer speed of up to 8
kW, which is needed for most laser cutting and welding operations.
The
ability to cut fast and enhance the quality of cutting during the
operation is the major factor fuelling the market for laser cutting
machines. This growth is expected to continue in the automotive
industry as well as other areas of application, such as defense and
aerospace, industrial, and others, in the coming years.
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