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0 0 -0.00175838489091508 -0.00312601758384903 0.00442852491045267 0.00201888635623577 0.00384239661348097 0.00364702051449041
Stock impact report

Laser Cutting Machines Market Size to Surpass US$ 12.65 Billion by 2032 | Research by SNS Insider [Yahoo! Finance]

IPG Photonics Corporation (IPGP) 
Last ipg photonics corporation earnings: 2/13 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ipgphotonics.com
Company Research Source: Yahoo! Finance
Austin, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Laser Cutting Machines Industry Analysis: “As per the SNS Insider Research, The Laser Cutting Machines Market size was valued at USD 6.54 billion in 2023 and is expected to reach USD 12.65 billion by 2032 with a growing CAGR of 7.27% over the forecast period of 2024-2032.” The Expanding Role of Laser Cutting Machines in Precision Engineering Laser cutting machines are crucial in contemporary production, providing unparalleled accuracy for cutting metals, wood, acrylic, and composites. Prices differ greatly: CO2 laser cutters, more budget-friendly, can range from USD 500 to USD 10,000 and are used for non-metal materials, while fiber laser machines, valued for their accuracy in metal cutting, can be priced between USD 10,000 and upwards of USD 100,000. The expanding market is fueled by automation advancements and the need for manufacturing solutions that cut down on material waste. Sectors such as automotive, aerospace, and electronics a Show less Read more
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