Research and Markets: Global Laser Cutting Machine Market 2015-2019 with Coherent, IPG Photonics, Ro

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/375bqn/global_laser) has announced the addition of the "Global Laser Cutting Machine Market 2015-2019" report to their offering.The Global Laser Cutting Machine market to grow at a CAGR of 9.2% over the period 2014-2019.Aggressive marketing in developing countries declaring the benefits of laser cutting machines in the manufacturing sector has created awareness and, in turn, increased demand for these machines. Several global laser cutting machine vendors are setting up demonstration centers and exhibitions in the region to increase their market reach.According to the report, increased growth in the APAC region is one of the key drivers of the market. The rapid industrialization in emerging countries such as China and India is creating demand for laser cutting machines. Post-recession, various industries such as Automotive, Electrical and Electronics, and Industrial Machinery have seen significant growth, which is driving the market.Further, the report states that one of the major challenges in this market is the intense competitive environment. Different technology laser cutting machines offered by vendors are eating away at each other's market share and reducing profit margins.The adoption of laser cutting machines has increased among companies across industries such as:AutomotiveAerospace and DefenseElectric and ElectronicIndustrial MachineryHealthcarePlasticsTextilesWood WorkingThe Global Laser Cutting Machine market can be segmented into four segments:CO2FiberSolid StateOther LaserKey VendorsCoherentIPG PhotonicsRofin-Sinar TechnologiesTrumpfFor more information visit http://www.researchandmarkets.com/research/375bqn/global_laser. href='http://www.businesswire.com/news/home/20141216006578/en/Research-Markets-Global-Laser-Cutting-Machine-Market' - http://www.businesswire.com/news/home/20141216006578/en/Research-Markets-Global-Laser-Cutting-Machine-Market -