CO2 Laser Cutting Machine Market To Witness Enhanced Applications Into Automotive And Transportation, Aerospace, Consumer Electronics & Appliances, And Other Manufacturing Till 2023 | Million Insights

May 27 18:32 2019
CO2 Laser Cutting Machine Market To Witness Enhanced Applications Into Automotive And Transportation, Aerospace, Consumer Electronics & Appliances, And Other Manufacturing Till 2023 | Million Insights

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According to new report available with Million Insights, The cutting speeds obtainable in CO2 laser cutting machine is much higher than continuous wave (CW) laser and is, therefore, driving the market growth. Also, the technical constraints in traditional manufacturing machinery are further propelling the industry proliferation. Its relatively high capital cost is a major drawback that is hindering market expansion.

The global CO2 laser cutting machine market has been estimated to display a significant growth in terms of revenue generation during the forecast period. CO2 lasers use carbon dioxide and nitrogen, along with hydrogen or/and helium and xenon to cut through hard materials like metals, titanium, ceramic, Hastelloy, etc. and lightweight materials like plastics, textile, leather, paper, wood, etc. The American Boeing Company is a pioneer for using CO2 laser machines for cutting through titanium. Later it emerged as an economic and effective tool for integrating laser cutting for heavy duty industries.

“Laser is a very efficient industrial tool for cutting a wide range of materials and where manufacturing speed is essential. CO2 laser cutting machines are known for its precision, accuracy, and its ability to cut through complex shapes.”

Full Research Report On Global CO2 Laser Cutting Machine Market Analysis available at: https://www.millioninsights.com/industry-reports/co2-laser-cutting-machine-market

The cutting speeds obtainable in CO2 laser cutting machine is much higher than continuous wave (CW) laser and is, therefore, driving the market growth. Also, the technical constraints in traditional manufacturing machinery are further propelling the industry proliferation. Its relatively high capital cost is a major drawback that is hindering market expansion.

Based on laser type, the CO2 laser cutting machine market can be segmented into Solid-state lasers, CO2 lasers, and others (disc lasers and fiber lasers). Based on application type, the market can be categorized into Automotive and Transportation, Aerospace, Consumer Electronics & Appliances, and other Manufacturing. Flame cutting, Sublimation cutting, and Fusion cutting have been identified as the major process types.

In order to study the span of the industry, the CO2 laser cutting machine market has been geographically segmented into the five key regions of North America, Europe, the Asia Pacific, the Middle East, and Africa, and Latin America. Rapid industrialization and the development of robust technologies are boosting the growth in the North American region. Also, the expanding consumer electronics sector in China and Japan is propelling the Asia Pacific region to emerge as the fastest growing in the global market space.

The key players have identified current market dynamics and the intense competition in terms of its size, supply-demand value chain mechanism, prevailing trends, governing factors, drivers, challenges and opportunities, their competitive landscape and product innovation. The competitive landscape showcases the profiles and business strategies of the major players, along with their recent developments. The CO2 laser cutting machine industry is highly fragmented with the presence of major players such as Koike Aronson, Inc., Universal Laser Systems, Inc., ALPHA LASER GmbH, ROFIN Group, Nissan Tanaka Corporation, CTR Lasers, Amada Co., Ltd., Jinan SENFENG Technology Co., Ltd., Kern Laser Systems, and IPG Photonics Corporation among others.

CTR Lasers have deployed a wide range of CO2 laser cutting machine for cutting through thinnest sheets up to 20mm thick sheets. These can also be utilized for engraving a wide range of materials. The CO2 lasers are providing versatile and comprehensive service to the engraving industry.

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Market Segment:

Report contents include

• Analysis of the CO2 laser cutting machine market including revenues, future growth, market outlook

• Historical data and forecast

• Regional analysis including growth estimates

• Analyzes the end user markets including growth estimates.

• Profiles on CO2 laser cutting machine including products, sales/revenues, and market position

• Market structure, market drivers and restraints.

Key Regions

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• South America

Key Vendors

• TRUMPF Laser GmbH

• Bystronic Laser AG

• Han’s Laser Technology Industry Group Co., Ltd.

• Amada Holdings Co., Ltd.

• Mazak Optonics Corporation

• Wuhan Penta Chutian Laser Equipment Co Ltd

• LVD Group

• request free sample to get a complete list of companies

Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/machinery-and-machine-parts

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