(PRWEB) July 01, 2013
According to a new market study report “Laser Cutting, Drilling, Marking and Engraving Market by Technology (Co2 Laser, Excimer Laser, ND: YAG Laser, Fiber Laser) Base Material (Metals, Polymers) Application (Electronics, Machine Portion Marking, Medical, Signage) & Geography- (2013 2018)” ,published by MarketsandMarkets , the value of laser processing marketplace was $ 2.08 billion in 2012 and is anticipated to attain $ 3.77 billion in 2018, at an estimated CAGR of 9.71% from 2013 to 2018.

Browse:
90 Marketplace Data Tables 
33 Figures
240 Pages and In-Depth Table of Content on Laser Cutting, Drilling, Marking and Engraving Market place
http://www.marketsandmarkets.com/Market place-Reports/Laser-Cutting-Boring-and-Engraving-Machines-Industry-611.html

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The material processing tasks each micro-processing and macro-processing were earlier accomplished with the help of mechanical tools such as saw cutters, drill bits and so on. Even so, the technological developments and speedy adoption of lasers for the material processing purpose in previous decade changed the market situation vastly.

Apart from outclassing mechanical tools in each comparison, the laser processing market is experiencing a optimistic growth trend because of the boost from the government bodies, regulatory bodies, and associations of different types. Federal Aviation Administration (FAA) producing it compulsory to have wires and components to laser marked or Meals and Drug Administration (FDA) pushing manufacturers to mark equipments and drug packages are just couple of examples of the expanding usage of laser material processing techniques. Along with such drivers, the report analyses restraints and possibilities pertaining to the laser material processing.

The whole industry is divided into a variety of segments and micro-markets.

The segments discussed in the report are: 
Technologies
Process Types
Machine Configuration Sorts
Verticals
Applications
Geographical Industry Distribution.
Every of the above talked about segment is further broken down into sub-categories. Apart from the quantitative datasets, the report also analyses the parameters such as worth chain analysis, porters five force analysis, and effect evaluation of market dynamics (drivers, restraints, and opportunities).

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