Laser Processing Leads the Shift Toward Industry 4.0
Laser Cutting Machine Market Forecast to Exceed USD 11 Billion by 2030 Amid Automation and Regional Growth The Laser Cutting Machine Market is projected to grow from USD 5.6 billion in 2022 to USD 11.3 billion by 2030, registering a compound annual growth rate (CAGR) of approximately 9.6%. This strong growth is driven by rapid advancements in manufacturing automation, the increasing demand for precision-cut components, and the global shift toward smart factories and Industry 4.0 technologies. To Get Free Sample Report : https://www.datamintelligence.com/download-sample/laser-cutting-machine-market Key Market Drivers 1. Rising Demand for Fiber and Solid-State Lasers The adoption of fiber and solid-state lasers is transforming the landscape. Fiber lasers, known for their high precision, lower operational costs, and energy efficiency, are replacing older gas-based systems across metal processing, electronics, and automotive industries. 2. Automation and...