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Date Submitted: 07/12/2015 11:24 PM
Transparency Market
Research
Laser Cutting Machines Market - Global
Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014-2020
Published Date
2015-02-25
85 Page Report
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Press Release
Laser Cutting Machines Market to Reach US$4.37 Billion by 2020,
With Expansion in Vehicle Production
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Laser Cutting Machines
Market
REPORT DESCRIPTION
Laser Cutting Machines Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014-2020
A new Transparency Market Research report states that the market for laser cutting machines will
expand at a CAGR of 10.3% from 2014 to 2020. In 2013, the market stood at US$2.16 billion and
is predicted to reach US$4.37 billion in 2020. The title of the report is “Laser Cutting Machines
Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.”Laser
cutting machines utilize laser beams for cutting materials, namely plastic, fabric, wood, acrylic,
and several other materials which are non-metallic. The laser cutting machines are primarily
utilized for improving the efficiency of work and for reduction of costs. The global laser cutting
machines market is majorly stimulated by the expansion in vehicle production and increase in
demand for aesthetics worldwide. The demand in appliances with high technology, namely
personal computers and home entertainment systems is on the rise and laser cutting machines
are utilized in the manufacturing and designing of these appliances. Additionally, the fast cutting
speed as well as the enhanced quality of cutting are also among the major factors fuelling the
growth of the market for laser cutting machines.
Browse the full Laser Cutting Machines Market report at
http://www.transparencymarketresearch.com/laser-cutting-machines.html
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