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Fonon Announces Growth Strategy

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LAKE MARY, Fla., Feb. 3, 2016 — Material processing developer Fonon Corp. has announced its market growth strategy through the targeting of three growth markets The company has announced its focus on the 3D additive manufacturing and metal printing systems market, which is expected to reach a value of $8.43 billion by 2020, at a compound annual growth rate of 14.37 percent; the flat panel display and derivatives market, expected to reach $135 billon by 2020; and the laser-based materials processing market, which is expected to reach $17.26 billion by 2020 with a compound annual growth rate of 10.2 percent. Fonon...Read full article

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    Published: February 2016
    BusinessAmericasFloridafononLasersMaterialsmaterials processingindustrialBiophotonicsdefenseenergy

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