Friday, November 8, 2013

Laser cutting market poised to grow

The laser cutting and engraving market is
experiencing a positive growth trend.
Dallas, TX -- According to a new market research report "Laser Cutting, Drilling, Marking and Engraving Market by Technology (Co2 Laser, Excimer Laser, ND: YAG Laser, Fiber Laser); Base Material (Metals, Polymers); Application (Electronics, Machine Part Marking, Medical, Signage) & Geography- (2013 – 2018)" , the value of laser processing market was $2.08 billion in 2012 and is expected to reach $3.77 billion in 2018, at an estimated CAGR of 9.71% from 2013 to 2018.

The material processing tasks both micro-processing and macro-processing were earlier done with the help of mechanical tools such as saw cutters, drill bits and so on.

However, the technological developments and rapid adoption of lasers for the material processing purpose in previous decade changed the market scenario vastly.

Apart from outclassing mechanical tools in every comparison, the laser processing market is experiencing a positive growth trend because of the boost from the government bodies, regulatory bodies, and associations of various kinds.

Federal Aviation Administration (FAA) making it compulsory to have wires and parts to laser marked or Food and Drug Administration (FDA) pushing manufacturers to mark equipments and drug packages are just few examples of the growing usage of laser material processing techniques.

Along with such drivers, the report analyses restraints and opportunities pertaining to the laser material processing.

The entire market is divided in to various segments and micro-markets. The segments discussed in the report are: technology, process types, machine configuration types, verticals, applications, and geographical market distribution.

Each of the above mentioned segments is further broken down into sub-categories. Apart from the quantitative datasets, the report also analyses the parameters such as; value chain analysis, porters five force analysis, and impact analysis of market dynamics (drivers, restraints, and opportunities).

Source: MarketsandMarkets

Protect your IAQ during laser cutting

Electrocorp's RSU series:
Powerful air cleaners for
laser cutting and engraving.
The process of laser engraving and laser cutting can emit dangerous fumes and chemicals. Prolonged exposure to these indoor air pollutants can affect worker health, well-being and productivity as well as the machine's lifespan.

Electrocorp has designed a range of indoor air purifiers for laser engravers and laser cutters that can remove airborne chemicals, particles and other contaminants.

The air cleaners feature a wall of activated carbon as well as a HEPA and various pre-filters for best results. Negative and positive air configurations are available.

Recommended air cleaners for laser cutting and engraving:

For more information, contact Electrocorp.

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