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Laser Cutting Machine Market in the US 2017-2021

NEW YORK, Feb. 22, 2017 /PRNewswire/ --

laser cutting machine
Laser cutting machines have high-power lasers that can vaporize a range of materials from steel to plastics with high levels of precision. The versatility of these machines enables manufacturers to cut various types of materials to develop products and components that have complex geometry. Therefore, laser cutting machines provide an efficient and effective process in the industrial manufacturing sector

Technavio's analysts forecast the laser cutting machine market in the US to grow at a CAGR of 5.50% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the laser cutting machine market in the US for 2017-2021. To calculate the market size, the report considers the low-power lasers and the market estimations are based upon end-use applications and not based on material thickness. The end-user applications included are considered under the micro-material processing only.

Technavio's report, Laser Cutting Machine Market in The US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.

Key vendors
- Bystronic
- Coherent
- IPG Photonics
- Mazak Optonics
- TRUMPF
Other prominent vendors
- Vytek Laser Systems
- Amada America
- Jenoptik
- Hypertherm
- Cutlite Penta
- DANOBATGROUP
- CYLASER
- Laser Photonics
- BLM
- Sahajanand Laser Technology
- Cincinnati
Market driver
- Increasing need to develop superior-quality products
- For a full, detailed list, view our report

Market challenge
- Uncertainties in business policies due to recent US presidential elections
- For a full, detailed list, view our report

Market trend
- Use of fiber lasers for micro-cutting applications in medical device industry
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendorsin this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.


Read the full report: http://www.reportlinker.com/p04661560-summary/view-report.html



Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04661560-summary/view-report.html

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