Laser Processing Market Analysis, Market Size, Application, Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Laser Processing Market Analysis, Market Size, Application

Analysis, Regional Outlook, Competitive Strategies And

Forecasts, 2014 To 2020

Industry Insights

Growing demand for wireless devices as well as telecommunication is expected to drive the laser

processing market growth. Material processing needs laser processing which is expected to have

speedy adoption leading towards the rise in the growth of the laser processing market over the

forecast period. Owing to precise and speedy industrial processes comparing to traditional

techniques, laser enabled manufacturing processes are expected to augment the laser process

market growth.

Mandatory applied government regulations are going to impact the market growth positively in

coming years. Demand of advanced processing tools, increasing applications in medical field,

photo-biomodulation (an emerging area of medical science) and technological advancements &

emerging trends in the industrial sector are some of the prominent key market drivers.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

However, diverging macroeconomic trends fuelled by euro crisis, lack of technical expertise to

execute laser processing and high cost of ownership including initial investment, implementation

& maintenance cost are expected to hamper the market growth. Furthermore, growing demand

for automobiles & mobile electronic devices, different emerging applications of the laser

technology, increasing adoption of disk lasers, green laser devices for projection applications and

lassol (laser doping of solar cells) are expected to offer opportunities to global players to

augment the market growth in coming five years.

Product Insights

Solid state laser, fiber laser and gas laser are the key products of laser processing market. Gas...