The global market for laser welding machine is expected to develop at a rapid pace over the course of the given forecast period of 2019 to 2027. One of the primary growth factors for the market development has been increasing thermal stability offered by these laser welding machines. This stability also helps in cutting down the scrap from the elements and materials that come for welding. The utility of laser welding machines also aid in eliminating the use of chemical additives and glue from the operations of welding. The growing use of laser welding machines by the several end-user application industries such as electronics, automotive, jewelry, and medical among others is also contributing significantly in terms of driving the growth of the global market. It is expected that the demand for laser welding machines will grow even further with advancements in the manufacturing procedures, technological advancements, and product innovations.

Some key insights in the global market are given below:

  • Among all the types of technologies deployed in the global laser welding machine market, the technology of fiber laser welding machine is projected to develop at an eye-catching rate. The fiber lasers help in facilitating more efficient delivery of light on the target spot of the subject metal. These lasers do not need any kind of expensive or costly optical mirrors or other moving components such as disk lasers. The technology of fiber laser welding machine provide the ability to amplify and channeling of light through the fiber optic cable.
  • From a regional point of view, the global laser welding machine market is divided into five key regions viz. North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. Of these, the global laser welding machine market is currently led by the regional segment of Europe. The market is expected to be continue its dominance in the coming years of the forecast period owing to the constant technological advancements and swift growth in the infrastructure development projects in the region.

The global market for laser welding machine is expected to develop at a rapid pace over the course of the given forecast period of 2019 to 2027. One of the primary growth factors for the market development has been increasing thermal stability offered by these laser welding machines. This stability also helps in cutting down the scrap from the elements and materials that come for welding. The utility of laser welding machines also aid in eliminating the use of chemical additives and glue from the operations of welding. The growing use of laser welding machines by the several end-user application industries such as electronics, automotive, jewelry, and medical among others is also contributing significantly in terms of driving the growth of the global market. It is expected that the demand for laser welding machines will grow even further with advancements in the manufacturing procedures, technological advancements, and product innovations.

Some key insights in the global market are given below:

  • Among all the types of technologies deployed in the global laser welding machine market, the technology of fiber laser welding machine is projected to develop at an eye-catching rate. The fiber lasers help in facilitating more efficient delivery of light on the target spot of the subject metal. These lasers do not need any kind of expensive or costly optical mirrors or other moving components such as disk lasers. The technology of fiber laser welding machine provide the ability to amplify and channeling of light through the fiber optic cable.
  • From a regional point of view, the global laser welding machine market is divided into five key regions viz. North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. Of these, the global laser welding machine market is currently led by the regional segment of Europe. The market is expected to be continue its dominance in the coming years of the forecast period owing to the constant technological advancements and swift growth in the infrastructure development projects in the region.

Laser Welding Machine Market - Introduction

A laser welding machine is used to join multiple pieces of different material together by using laser beam as a concentrated heat source. Numerous advancements in laser welding technology have resulted in a wide range of its applications.  Laser welding supports the joining of materials or components that requires high welding speed and low thermal distortion. Laser welding machines are being increasingly adopted in different growth sectors such as entertainment electronics, photovoltaic, and medical device technology.

Laser Welding Machine Market – Competitive Landscape

competitive landscape laser welding machine market

Emerson Electric Co.

Incorporated in 1890, Emerson Electric Co. is based in St. Louis, Missouri, U.S. The company provides industrial valves & equipment; measurement and analytical instrumentation; process control systems; and tools & appliance solutions for customers in a range of industrial, commercial, and consumer markets. It operates through the following business segments: commercial & residential solutions and automation solutions. Emerson operates across Asia Pacific, Europe, Middle East & Africa (EMEA), and the Americas.

IPG Photonics

Incorporated in 1990, IPG Photonics is based in Oxford, Massachusetts, U.S. The company engages in the design, development, production, and distribution of laser systems, fiber lasers, fiber amplifiers, and related optical components. Its products include lasers, laser systems, beam delivery, telecom equipment, product finder, and components such as chillers, pump diodes, and mid-IR crystals. IPG offers its products to various industries such as manufacturing, medical, research, automotive, transportation, printing, consumer products, electronics, and communication industries. The company has its operations in the Americas, Europe, and Asia.

TRUMPF Group

Established in 1923, TRUMPF Group is based in Ditzingen, Germany. The company is specialized in providing machine tools and lasers for the industrial sector. Its product portfolio includes lasers, power electronics, power tools, machines & systems, smart factory, software, and services.

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Amada Miyachi Co., Ltd

Founded in 1972, Amada Miyachi Co., Ltd. (Amada Miyachi) is based in Tokyo, Japan. The company is specialized in manufacturing and selling semiconductor related measuring instruments and welding control equipment. The company’s products include laser welders, laser markers, fine spot welders, and systems. The company operates in the U.S and Japan.

Wuhan Golden Laser Co., Ltd.

Incorporated in 2005, Wuhan Golden Laser Co., Ltd. is located in Wuhan, China. The company offers intelligent, digital, and automated laser solutions. Wuhan Golden Laser Co., Ltd. specializes in designing and manufacturing laser systems for cutting, engraving, and marking. The company’s products are high-end digital metal tube sheet laser processing equipment and non-metal industrial flexible material laser processing equipment such as vision, flatbed, and fiber laser cutting machine; CO2 laser cutter engraver; galvo laser machine; and label laser die cutting machine.

Some of the other significant players in the laser welding machine market are O.R. Laser technologie GmbH (Germany), FANUC Robotics (Japan), GSI Group, Inc. (U.S.), and LaserStar Technologies Corporation (U.S.) among others.

Laser Welding Machine Market - Dynamics

Growing Demand from Different End-use Industries

Laser welding machines are easily controllable and generates low volume of scrap. Laser welding machines can weld aluminum, stainless steel, high-strength steel, carbon steel, precious metals etc.. These machines allow automation in the welding process; thus, it enhances the overall volume of production. Laser welding machines are increasingly being adopted by the medical device manufacturing sector, automotive sector, heavy manufacturing sector, as well as the construction sector due to such benefits. As a result, the laser welding machine market is likely to grow at an impressive pace in the upcoming years.

Lack of Skilled Labor Inhibits the Growth of the Laser Welding Machine Market

Lack of skilled and knowledgeable labor in manufacturing industries is expected to impede the growth of the laser welding machine market in the near future. It is also estimated that high labor cost and heavy initial price tag causes uncertainty among end-users regarding their adoption, thereby hindering the growth of the laser welding machine market.

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laser welding machine market dynamics

Laser Welding Machine Market –Segmentation

The laser welding machine market can be segmented based on:

  • Technology
  • End-user
  • Region

Laser Welding Machine Market Segmentation – By Technology

Based on technology, the laser welding machine market can be fragmented into:

  • Fiber Laser Welding Machine
  • Solid-State Laser Welding Machine
  • Co? Laser Welding Machine

Laser Welding Machine Market Segmentation – By End-user

In terms of end-user, the laser welding machine market can be bifurcated into:

  • Automotive
  • Electronics
  • Medical
  • Jewelry Industry
  • Tool And Mold-Making
  • Others

The report on the laser welding machine market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The laser welding machine market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on laser welding machine market segments and geographies.

Regional analysis of the laser welding machine market includes:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
laser welding machine market

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Laser Welding Machine Market

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