Tuesday 12 June 2018

Fiber Laser Cutting Machine Market is Expected to Grow With a CAGR of 3.7% During the Forecast Period 2018-2025

General machinery processing segment emerged as the market leader with a share of nearly 40%, owing to the requirement of finest cutting techniques in the sector
The intricate and complex designs of blades, precise hole formations, and generation of cuts & groves in machines require the finest cutting techniques. Turbines, industrial pumps, and other huge machineries require accurate designing and manufacturing, in order to avoid catastrophic end results caused due to minute manufacturing defects. A slightest flaw in the design or in the grooves of the component might cause the whole machine unit to collapse. In order to avoid such mishaps, several machine manufacturers are adopting fiber laser cutting machines in their workshops, which in turn is fuelling the growth of the segment in the global market.

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