The laser processing market size is expected to reach USD 16.05 billion by 2020, according to a new report by Grand View Research, Inc. Growing deployment of costlier laser drilling in oil & gas exploration fields is expected to replace the conventional techniques. Reducing drilling costs is expected to make the uneconomic oil deposits viable, thereby favorably impacting market growth. Rising demand for this type of processing in industrial solar module is also expected to drive industry growth.
http://www.grandviewresearch.com/industry-analysis/laser-processing-market
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