Both sides of the Laser Technology Market

Steadily, one can observe that, enhanced performance over the traditional material processing techniques is one of the major factors fueling the growth of the Laser Technology Market. Moreover, the increasing demand from the healthcare sector and shift towards production of nano and micro devices are expected to generate a demand for this market.

According to Research and Markets, the key restraining factor for the growth of this market is the regulatory compliances.

The firm also announces that, the laser technology market is expected to reach USD 15.38 billion by 2022, growing at a CAGR of 5.2% between 2017 and 2022.