Industrial Lasers Systems Market is projected to hit at $36,510 million growing at a CAGR of +7% by 2028.
Industrial lasers are lasers for applications in industry. A classic example is a wide range of lasers (or complete laser systems) for use in laser material processing, e.g. for laser cutting, welding and marking.
Lasers are employed across the manufacturing industry as tools capable of delivering intense cutting or welding power with high precision. Their ability to manipulate and transform materials makes them ideal for the automobile, computer and clothing industries to name but a few.
Laser cutting works by directing the output of a high-power laser most commonly through optics. The focused laser beam is directed at the material, which then either melts, burns, vaporizes away, or is blown away by a jet of gas, leaving an edge with a high-quality surface finish.
Asia-Pacific and Europe collectively contributed around 79% of the shares in the global market in 2020.
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