Laser Processing Market Growth Analysis by 2025
The Laser Processing Market Size is projected to grow from USD 4.0 billion in 2020 to USD 5.8 billion by 2025; it is projected to record a CAGR of 7.8% during the forecast period. The laser processing industry’s growth is driven mainly by the growing preference of end-user industries for laser-based material processing over traditional approaches, increasing demand for high-quality and genuine end-products, rising demand for miniaturization of microelectronic devices, and surging technological advancements in the medical sector. Key Players The market is currently dominated by Coherent (US), Trumpf (Germany), Han’s Laser (China), IPG Photonics (US), and Jenoptik (Germany). Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=611 Architecture end-user industry segment to grow at highest CAGR in laser processing market during forecast period The architecture end-user industry segment is expected to grow at the highest rate. Lasers help archite...