Global Robotic Laser Cutting Market 2018-2022 - IoT and Industry 4.0 a Key Market Trend

The global robotic laser cutting market to grow at a CAGR of 13.04% during the period 2018-2022.

Global Robotic Laser Cutting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is IoT and Industry 4.0. The Internet of Things (IoT) is an interconnection of several things, including mechanical or digital devices, which enable data to be transferred from end-to-end without human intervention. Currently, IoT has already been commercialized in various applications, thereby initiating an industrial revolution with the advent of Industry 4.0.

According to the report, one driver in the market is increased productivity with improved laser technology. Improvement in laser technology has played a key role in enhancing the cutting operations in end-user industries. With the inclusion of fiber laser, the performance and efficiency of laser cutting have improved drastically. The switch from traditional laser technology to fiber-based cutting in order to improve cut resolution, cutting speed, control on laser pulse, and life of the equipment has further increased the capability of laser cutting.

Further, the report states that one challenge in the market is lower least count of accuracy of robotic laser cutting. Robotic laser cutting provides extensive flexibility to undertake processes in various end-user industries. However, robotic solutions face a challenge from five-axis laser cutting machines due to lower least count of accuracy. A typical five-axis laser cutting machine has all linear axes, except the last two that are rotational.

Key vendors

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY SOLUTION

PART 09: MARKET SEGMENTATION BY END-USER

PART 10: REGIONAL LANDSCAPE

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

PART 15: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/research/z8w4g3/global_robotic?w=5

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