The market research report ‘Global Laser Market 2017-2021’aims to offer insights into new business opportunities for companies such as Coherent, FANUC, Han’s Laser Technology, IPG Photonics, Etc.
MarketSizeForecasters.com adds new research covering major players in the global Laser market: Coherent, FANUC, Han’s Laser Technology, IPG Photonics, Jenoptik, Lumentum Operations, Newport, Photonics Industries International, ROFIN-SINAR Technologies, and TRUMPF.
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Commenting on the report, a participant analyst says: ?One trend in market is increasing rise in M&A. There has been a major change in the market landscape because of a series of M&A in the global laser market. The vendors in the market adopt M&A to acquire technological expertise and expand their geographical presence. The high growth potential of lasers across the industries has compelled vendors across the supply chain to acquire laser technology providers and hardware manufacturers to gain a competitive edge in the market. During 2011-2016, the collaborations among the supply chain members increased. This helped the vendors to expand their market presence and increase their market share.?
The listed pricing for this Global Laser Market report starts at $ 3500.
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According to the report, one driver in market is investment in manufacturing plants worldwide. Lasers systems are used in manufacturing plants for cutting, engraving, welding, and marking of products. For instance, in the automotive industry, the laser systems are used for cutting airbag cloth and composite materials. They are also used in door welding and welding of gears and powertrain components. In the packaging industry, the lasers are used for marking of expiration dates and batch numbers on the end-product. Therefore, the investment in manufacturing plants globally will accelerate the demand for laser systems.
Global Laser Market of 78 pages having tables and figures is available for purchase at
Further, the report states that one challenge in market is downturn in manufacturing industries. The sales of laser systems depend on the capital expenditure by manufacturers that incorporate laser systems in their manufacturing process. The slowdown in the automotive, photovoltaic, and semiconductor industries adversely affects the sales of laser systems. During an economic slowdown, the demand for end-products such as automobiles, consumer electronic devices, healthcare equipment, and aerospace and defense equipment tends to decrease. Such economic downturns adversely affect the profit margin of OEMs. Thus, the OEMs reduce their spending on capital equipment, thereby adversely affecting the sales of laser systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse full table of contents and data tables For Global Laser Market Report @ https://marketsizeforecasters.com/global-laser-market
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