The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. Additionally, digital transformation makes using energy-efficient materials possible, where robots and automated systems are significant drivers. Based on the development of technology and the digital revolution led by Industry 4.0, intelligent systems like automation and robotics will be used in the future of metal manufacturing processes like laser cutting. Hence, the automotive sector procured $1,724.9 million revenue in the market in 2022. New York, J(GLOBE NEWSWIRE) - announces the release of the report "Global Laser Cutting Machines Market Size, Share & Industry Trends Analysis Report By Application, By Technology, By Process, By Regional Outlook and Forecast, 2023 - 2029". Automotive is one of the major applications of Laser Cutting Machines as it is used for various tasks including fabricating metal components, cutting plastic parts, and marking & engraving parts for branding and identification.
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