The laser welding machine 2020 has been projected to witness growth and capitalize on thriving applications. These machines are bit on the expensive side and so a proper assessment of benefit is advised before the purchase. The use of laser beams assure accuracy in operations which is expected to lead to rapid demand generation in the upcoming years. The range of laser machines depending on watt is also widely varied. Availability of different machines for different purposes is expected to catapult the Laser Welding Machine Market on its growth trajectory. High speed is another driver of the global market. There are three different types of technologies used in laser welding machines. These are as follows – co₂ laser welding machine, fiber laser welding machine, and solid-state laser welding machine. Among these, the most popular technology is the fiber laser welding machine. This technology is gaining popularity due its accuracy in directing the laser beam on the desired spot.
Emerson Electric Company (U.S.), O.R. Lasertechnologie (Germany), IPG Photonics (U.S.), TRUMPF Group(Germany), FANUC Robotics (Japan), Amada Miyachi Co., Ltd, (U.S.), Golden Laser (China), JENOPTIK AG. (Germany), GSI Group, Inc. (U.S.), and LaserStar Technologies Corporation (U.S.) are few of the key participants of the laser welding machine market. Innovations are leading to new applications. It is, in turn, projected to lead to a robust competition in the market. This competition is supposed to be intensified with the introduction of new players. Both international and regional players are operating in the laser welding market. Some of the growth methodologies to be witnessed are as follows – mergers & acquisitions, collaborations, agreements, strategic alliances, and partnerships, among others.
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It exhibits high level of efficiency in functioning which is why it is poised to gain a considerable share of total demand for laser welding machines. Moreover, this technology eliminates the need for expensive optical mirrors for functioning, which is another major driver of the demand for these machines. The light in this technology is channeled through fiber optic cable. Laser welding machines use laser beams to join metals or thermoplastics. It is the rising recognition of laser processing, coupled with rising awareness about greater productivity, that the laser welding machine market is presumed to witness proliferation applications. New opportunities are anticipated to be exploited and capitalized on with rising investments in research & development.
Since 1970s the technology has found many applications and its efficiency has also been increasing since then. The product has found use in the manufacturing of nuclear and aerospace materials and ship and pipe steels. Within a few decades, these applications have expanded to medical, jewelry industry, electronics, tool and mold-making, and automotive, among others. Industrial laser welder has gained much popularity across different domains. It is supposed to drive the growth of the laser welding market. In addition, the development of different types of welders such as portable laser welding machine, hand laser welding machine, etc. are expected to further augment the market in the coming years. Also, rising use of the product in removal of glues and chemical additives from welding operations is likely to fuel demand. It is highly in demand in the consumer electronics industry. For adjoining miniature components in electronics, laser welding machines are used extensively. These applications and those that are yet to be discovered are supposed to catapult the laser welding machine market on upward trajectory.
The segmental investigation of the laser welding machine market is done on the basis of technology, application and region. By technology, the laser welding machine market comprises of fiber laser welding machine, co₂ laser welding machine and solid-state laser welding machine. By application, the laser welding machine market comprises of electronics, tool and mold-making jewelry industry, automotive, medical, and others. Based on regions, the laser welding machine market comprises of geographical regions like North America, Europe, APAC and Rest of the World.
Europe has been witnessing constant advancements in terms of technology. Rising shift towards automation in the region is supposed to augment the laser welding machine market in the region. Rising demand for handheld laser welding machine in the region is poised to lead the expansion of the market. The investments in infrastructural developments are expected to impact the market positively.
Scope of Report
The report for Global Laser welding machine market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Laser Welding Machine Market, By Technology
4.1 Fiber Laser Welding Machine
4.2 Co₂ Laser Welding Machine
4.3 Solid-State Laser Welding Machine
LIST OF TABLES
TABLE 1 GLOBAL LASER WELDING MACHINE MARKET, BY TECHNOLOGY
TABLE 2 GLOBAL LASER WELDING MACHINE MARKET, BY APPLICATION
TABLE 3 GLOBAL LASER WELDING MACHINE MARKET, BY REGIONS
TABLE 4 NORTH AMERICA LASER WELDING MACHINE MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA LASER WELDING MACHINE MARKET, BY TECHNOLOGY
TABLE 6 NORTH AMERICA LASER WELDING MACHINE MARKET, BY APPLICATION
TABLE 7 U.S. LASER WELDING MACHINE MARKET, BY TECHNOLOGY
TABLE 8 U.S. LASER WELDING MACHINE MARKET, BY APPLICATION
LIST OF FIGURES
FIGURE 1 RESEARCH TECHNOLOGY
FIGURE 2 GLOBAL LASER WELDING MACHINE MARKET: BY TECHNOLOGY (%)
FIGURE 3 GLOBAL LASER WELDING MACHINE MARKET: BY APPLICATION (%)
FIGURE 4 GLOBAL LASER WELDING MACHINE MARKET: BY REGION
FIGURE 5 NORTH AMERICA LASER WELDING MACHINE MARKET, BY TECHNOLOGY (%)
FIGURE 6 NORTH AMERICA LASER WELDING MACHINE MARKET, BY APPLICATION (%)
FIGURE 7 EUROPE LASER WELDING MACHINE MARKET, BY TECHNOLOGY (%)
FIGURE 8 EUROPE LASER WELDING MACHINE MARKET, BY APPLICATION (%)
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