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Cognex Corp. - Smart Sensor 3-24 GIF LB

Applications Will Bolster the Industrial Laser Market

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Thorsten Frauenpreis

2002 may be a year of zero growth for industrial lasers, but advances in technology and their wider application will keep the sector strong in the long run. According to analysts, the worldwide market for the laser sources and systems used in industrial materials processing has shown, on average, double-digit annual growth over the past five years. This trend should continue over the next few years, despite the global economic malaise and the events of Sept. 11. These factors may predominate in 2002 and lead to a year of zero growth, mainly attributable to the slowdown in North America and to...Read full article

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    Published: January 2002
    CommunicationsenergyFeaturesindustrial

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