The Indian laser market is expected to register a CAGR of 18.2 per cent by 2027. The demand for laser cutting machines is driven by automotive, heavy industry, infrastructure, electronics, consumer durables, railways, and others. The Indian automotive industry (including component manufacturing) is expected to reach ₹18.18 trillion by 2026, according to IBEF.

The market for lasers in India is driven by the automotive sector and, thus, job shops for sheet metal cutting. Further, the fiber laser cutting machine market is India’s fastest-growing laser market. As India gradually advances in steel manufacturing, steel is among the most highly utilised metals. The increase in demand will significantly benefit the metal forming industry, which majorly uses fiber laser cutting machines.

On this note, B2B Purchase Magazine organised a technology webinar on “Laser Cutting Innovations & Material Handling Systems for the Sheet Metal Industry”, Powered by Messer Cutting Systems India Pvt. Ltd. on 27th September 2022 where leaders from Messer Cutting Systems discussed the latest trends and innovations in laser cutting for metal fabrication, and the automotive sector.

PANELISTS:
Mr. Janak Bhuva, General Manager – CNC Business from Messer Cutting Systems India Pvt. Ltd.
Mr. Ravichandran D, Senior Manager for Product Management from Messer Cutting Systems India Pvt. Ltd.

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