Global Laser Cutting Machines Market Trends Analysis Report 2023: Industry Expected to Reach $9.5 Billion by 2029, Driven by Its Significance in Modern Manufacturing Processes - ResearchAndMarkets.com
This surge is a reflection of the rising demand for laser cutting technology across various industries, highlighting its significance in modern manufacturing processes.
- This surge is a reflection of the rising demand for laser cutting technology across various industries, highlighting its significance in modern manufacturing processes.
- In 2022, the automotive sector raked in revenue of $1.72 billion in the Laser Cutting Machines market.
- The ongoing digital revolution, led by Industry 4.0, is expected to further leverage intelligent systems in metal manufacturing processes like laser cutting.
- Consequently, industries that formerly relied on micro-cutting equipment are now adopting laser cutting machines, a trend expected to fuel market expansion.