Global Laser Welding Machine Market, By Technology (Fiber, Co₂, Solid-State, Others), By Intensit

Published Date: | Report Code : EQ1958706

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Market Dynamics:

Increasing demand from several end-user industries such as automotive, medical, electronics, etc. is expected to drive the growth of the Global Laser Welding Machine Market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Laser welding is a process used to join metals or thermoplastics to form a weld using a laser beam. Laser welding provides several technical benefits over conventional welding processes, such as deep narrow welding, minimal distortion and easy automation. Because of easy automation, which helps in increasing the overall production rates. Laser welding is applied to a high melting point and elevated heat conductivity materials. The global laser welding machine market is expected to high demand Currently, laser welding is used in numerous different fields, ranging from highly precise micro-welding of medical devices to small-scale manual welding in the medical and jewelry industries.

Segment Analysis:

The global laser welding machine market is segmented based on technology, the intensity of radiation, and application. Based on technology, this market is segmented into the fiber laser welding machine, CO2 laser welding machine, solid-state laser welding machine, and other. The fiber laser welding machine segment is anticipated to high demand because of these laser generates a high-intensity beam which is focused in one spot. Furthermore, these lasers do not require expensive optical mirrors or moving components. Based on the intensity of radiation, this market is split into heat conduction welding and deep welding. In heat conduction welding, The welding depth for this method is usually less than 2 mm. On the other hand, in deep welding Energy is also applied below the workpiece surface. It is used when a high welding depth is required or when various layers of material need to be welded at once. only the workpiece surface is melted. In this method of laser welding, the power enters the workpiece only by conducting heat. The global laser welding machine market is anticipated to rapid growth in the Asia-Pacific region due to these region has the highest number of manufacturing facilities where laser welding machines are installed. Furthermore total automotive production is rapidly growing in this region countries like India and Japan.

Key Factors Impacting Market Growth:

  • Increasing demand from several end-user industries such as automotive, medical, electronics, etc.

  • More expensive than the traditional method

  • lack of skilled workforce to operate laser welding machine

Regional Analysis:

Major regions for the global laser welding machine market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for the global laser welding machine market owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major applications in these regions are estimated to be Tool & Mold-Making, Automotive, Jewelry Industry, Electronics, Medical, Others. These factors are expected to drive the demand for the global laser welding machine market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various applications including Tool & Mold-Making, Automotive, Jewelry Industry, Electronics, Medical, Others. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the global laser welding machine market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the global laser welding machine market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: LaserStar Technologies Corporation, JENOPTIK AG., GSI Group, Inc., Golden Laser, FANUC Robotics, Amada Miyachi Co., Ltd, Amada Miyachi Co., Ltd, O.R. Lasertechnologie, IPG Photonics, and Emerson Electric Company ...

Market Segmentation:

By Technology:

  • Fiber

  • Co₂

  • Solid-State

  • Others

By Intensity Of Radiation:

  • Heat Conduction Welding

  • Deep Welding

By Application:

  • Tool & Mold-Making

  • Automotive

  • Jewelry Industry

  • Electronics

  • Medical

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Technology

    • By Intensity Of Radiation

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Technology

    • By Intensity Of Radiation

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Technology

    • By Intensity Of Radiation

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Technology

    • By Intensity Of Radiation

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Technology

    • By Intensity Of Radiation

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Technology

    • By Intensity Of Radiation

    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global laser welding machine market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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