In 2017, the 2D laser cutting division created the highest revenue share in the global fiber laser cutting machine market. 

        Among the major regions, the Asia-Pacific region is the highest-income market, accounting for nearly 48% of the market in 2017.

        High ergonomics, fast operation and high power safety are some of the main factors driving the development of 3D fiber laser cutting machines. 

        Most 3D fiber laser cutters use a pre-focusing optics with a suitable deflection lens to improve focus accuracy, better laser transmission and smooth machine operation. 

        The continued expansion of the automotive industry, especially in the Asia Pacific region, is expected to drive sales of 3D fiber laser cutting machines in the next few years.

        The 2D laser cutting field led the global fiber laser cutting machine market in 2017 due to its surge in applications in various industries.

        2D fiber laser cutting machines are commonly used in metal processing, aerospace industry, sheet metal workshops, stainless steel rapid cutting applications. In addition, 2D technology is also used in the manufacture of ships, metallurgical equipment, elevators, tools and household appliances. Excellent beam quality, high focusing power and impressive efficiency are the main factors driving market growth. In addition, the continued demand for sheet metal components from industries such as automobiles and locomotives is spurring

 the development of 2D fiber laser cutting machines in various industries.

        As the field requires the best cutting technology, the overall machining sector has become a market leader with a nearly 40% share.

        The complex and complex design of the inserts, precise hole formation and the creation of cuts and grooves in the machine require the finest cutting technology. 

        Turbines, industrial pumps and other large machines require precise design and manufacturing to avoid catastrophic end results due to minor manufacturing defects. 

        The slightest defect in the design or in the groove of the component may cause the entire machine unit to collapse. 

        To avoid this misfortune, some machine builders are using fiber laser cutting machines in their workshops, which in turn drives the sector's growth in the global market.

        In 2017, Asia Pacific's global market revenue accounted for nearly 48% of the market. 

        The sector is expected to grow at an alarming rate of 4.1% during the forecast period. 

        China is one of the largest automotive and auto parts markets in the world. 

        The booming trend of electric vehicles is booming in the development of the Chinese fiber laser cutting machine market, 

        which is widely used to cut complex designs and component structures for automobiles.

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