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Global Laser Cutting Machines Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Date:8/8/2014

Albany, New York (PRWEB) August 08, 2014

Today, laser is a proven industrial tool and a growing commodity in every segment. Laser cutting machines enables metal fabricators to create high quality metal parts that need less finishing work. Today, laser cutting machines offer substantial benefits over mechanical cutting which includes short cycle time due to high dynamics, minimal machine footprint, integrated laser beam guide, and speed. Laser cutting machines can cut wide variety of industry materials of varying thickness and shape. Due to recent developments in type of lasers, even small and medium sized businesses are using laser cutting machines for their industry. Numerous materials that can be cut using laser cutting machines include ceramics, precious and non ferrous metals, stainless and high alloyed steel among others.

The major driving force for laser cutting machines includes mandatory regulations imposed by government for use of laser machines. Additionally, emerging applications in gas and oil exploration field is driving the laser cutting machines market. Precision in product development is one of the key factors contributing to the growth of this market. The major restraint of this market includes high cost of maintenance and high initial investment needed in laser cutting machines. Additionally, safety concerns with lasers are one of the key challenges faced by this market. The need for high system efficiency, reduced floor space and minimum maintenance and operating cost requirement have led to advancement in traditional laser cutting technologies. Improvements in lasers, systems and processes are expected to provide major opportunity for laser cutting machines market.

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