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Global laser cutting sector set for seven-year growth: report

19 August, 2014

A recent reported has suggested that the future for the laser cutting sector for the next seven years looks set for growth thanks to a combination of economic growth, developing Regional markets and new technology.

The report Laser Cutting Machines: A Global Strategic Business Report from Global Industry Analysts provides an up-to-date review of the latest market trends, growth drivers, mergers, acquisitions, and other strategic industry activities of major players worldwide.

Overall the report expects continued worldwide growth to 2020. The market for industrial laser applications had been affected by the economic downturn but growth returned in 2010 and the report expects that growth to continue.

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Source: Ground Report

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