Open AccessStatus Quo and Perspectives: Laser Markets
Author(s) -
Belforte David A.
Publication year - 2016
Publication title -
laser technik journal
Language(s) - English
Resource type - Journals
eISSN - 1863-9119
pISSN - 1613-7728
DOI - 10.1002/latj.201690015
Subject(s) - status quo , computer science , laser , manufacturing engineering , industrial organization , industrial engineering , business , economics , engineering , optics , market economy , physics
Industrial laser systems are now firmly established in material processing operations among world's manufacturing industries. Proof of this can be shown in recent statistical reports which estimate that slightly more than $ 80 bn of machine tools were produced in 2015; of which an estimated $ 8 bn or 10 % were industrial laser systems qualified as machine tools. Therefore logic suggests that industrial laser sales should track machine tool sales.