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(IT-NEWSWIRE.COM, February 08, 2017 ) According to Publisher, the Global Laser Processing market is expected to grow from $9.84 billion in 2015 to reach $21.2 billion by 2022 with a CAGR of 11.6%. Increasing consumption of high cost laser drilling in oil & gas investigation fields and increasing application areas are the current trends in laser processing market. The global market for laser processing is driven by the rising application of laser products in medical devices and surgeries and rising demand for high quality and authentic end-products. Moreover, stringent government mandates for the use of laser technology in engraving and marking products, and the different advantages of laser technology over predictable material processing techniques would drive the market in coming years. The major restraints for laser processing are technical difficulties in high-power lasers, high cost and dearth of technical knowledge.
By product, Gas lasers segment is growing at the extreme rate and is likely to remain as the dominant segment throughout the forecast period. The Asia Pacific region is likely to be the emerging regional market for laser processing due to increasing number of manufacturing plants of diverse companies across this region.
For more information at http://www.reportsweb.com/laser-processing-global-market-outlook-2016-2022 .
Some of the key players in global market include Prima Industrie S.p.A., Trumpf GmbH + Co. KG, Bystronic Laser AG, Newport Corp., LaserStar Technologies Corp., Epilog Laser Inc., Eurolaser GmbH, Han's Laser Technology Co. Ltd., Coherent Inc., Rofin-Sinar Technologies Inc., Amada Co. Ltd., IPG Photonics Corp., Universal Laser Systems Inc., and Jenoptik Laser GmbH.
Product Types Covered:
- Gas lasers
- Solid state lasers
- Fiber lasers
- Liquid lasers
- Other Product types
Machine Configurations Covered:
- Fixed Beam
- Moving Beam
- Hybrid
Applications Covered:
- Micro Processing
- Macro Processing
o Cutting
o Drilling
o Welding
o Marking & Engraving
- Advanced Processing
- Other Applications
End Users Covered:
- Automotive
- Aerospace
- OEMs
- Electronics & Microelectronics
- Medical
- Packaging
Request Sample Copy: http://www.reportsweb.com/inquiry&RW0001565026/sample .
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001565026/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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