The Laser Welding Machine Market is expected to grow at a CAGR of 5% throughout the forecast period, to reach US$ 0.43 Bn by 2029. The report covers the detailed analysis of the Global Laser Welding Machine industry with the classifications of the market on the basis of technology, end-user, and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.To know about the Research Methodology :- Request Free Sample Report The laser welding machine is mainly used to join the multiple metal pieces or parts with the assistance concentrated laser beam as a source of heat. These machines are mostly preferred for high-volume applications. Laser welding machines are used in a wide range of industries including automotive, medical, electronics, jewelry, and others. Shifting manufacturer's focus from traditional welding machines to laser welding machines is expected to create lucrative opportunities for the market over the forecast period. The report has profiled thirteen key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in APAC region. Major country’s policies about manufacturing and its impact on motor demand are covered in the report.
Laser Welding Machine Market Dynamics
Growing manufacturer’s preference for laser welding machine is driving the market Laser welding machines provide high-speed welding with enhanced accuracy as compared to traditional welding machines, hence these machines are highly preferred by the manufacturers. Laser welding machines are used in a wide range of industries including automotive, medical, electronics, jewelry, and others. These machines eliminate the use of chemical additives & glue from the welding process. Growing automation in different industrial sectors is expected to propel the demand for laser welding machines. Laser welding machines are highly preferred in the automotive industry thanks to their high productivity for welding automotive parts at a low cost. The ability of laser welding machines to weld all types of metals with high heat conductivity further increases their applicability. High thermal stability provided by laser welding machines is one of the major factors behind the market growth. High demand for fabricated metal parts and industrial equipment is expected to propel the market growth over the forecast period. Shifting manufacturer's focus from traditional welding to laser welding is also expected to drive the market growth over the forecast period. Increasing demand for the automated equipment due to a lack of skilled workers in the industry is further expected to accelerate the market growth over the forecast period. High maintenance cost of laser welding machine is expected to hinder the market growth. The high initial and maintenance cost of laser welding machines is the restraining factor for the market. In addition to this, the Laser welding process involves a rapid rate of cooling which further causes cracks in some metal parts, which is expected to hinder the market growth over the forecast period. Advancement in laser welding technology is expected to create new opportunities. Technological advancement in laser welding techniques with the assistance of industrial automation is expected to create lucrative opportunities for the market. Moreover, the developing automotive sector with the introduction of new generation vehicles are anticipated to generate new prospects for market growth over the forecast period. The market is divided into three main segments and further into sub-segments to forecast the market size by value. Fiber laser welding machine segment is expected to command largest market share of xx% by 2029. Fiber laser welding machines are much advanced as compared to other welding machines. These machines ensure high-speed welding operation and they are easy to use as compared to other welding machines. Increasing demand for fiber laser welding machines in jewelry, electronics, automotive, aviation, and other industries is expected to fuel the segment growth over the forecast period. These machines use fiber optics to channel and amplify the light, this ensures the efficient and effective delivery of light on the targeted spot.Automotive segment is expected to command the largest market share of xx% by 2029.
Laser welding machines are highly preferred in the automotive sector, thanks to their ability to weld automotive parts with high accuracy. Laser welding is used to weld engine parts, transmission parts, fuel filters, solenoids, and others. Laser welding is an efficient process for mass production hence their demand is increasing in the automotive industry. Laser welding machines are easy to automate which further boosts their demand in the automotive industry. Rebounding the automotive sector with technological advancement is expected to create high demand for laser welding machines. Demand for quality fabricated parts in the automotive segment is further expected to accelerate the market growth over the forecast period. Asia Pacific is expected to register the highest growth at xx% CAGR over the forecast period. Europe has commanded the largest market share of xx% in 2022. Well established automotive sector in countries like Germany, Spain, France, and others is expected to act as an engine for the market growth in the region. Technological advancement in the region is the supporting factor for the market. However, Asia Pacific is expected to register the highest growth at xx% CAGR over the forecast period. China is already the largest market for the automotive sector which is expected to fuel the market growth in the region. Growing industrialization and the presence of a large number of manufacturing facilities in APAC are expected to drive the market growth over the forecast period. Increasing awareness and adoption of laser welding machines in various industrial sectors is further expected to boost the market growth during the forecast period. Increasing demand for fabricated metal parts in the heavy machinery industry is expected to positively influence market growth. Increasing automation is also expected to accelerate the market growth during the forecast period. Growing demand for high productivity in the welding operation is expected to propel the demand for the global laser welding machine market over the forecast period. Covid-19 Impact on the Global Laser Welding Machine Market: The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on global Welding Industry. The coronavirus adversely impacted the Laser Welding Machine market. Restriction on public transportation and the disruption caused by the lockdown would harm the market. Most of the sectors are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global Laser Welding Machine Market. The objective of the report is to present a comprehensive analysis of the Global Laser Welding Machine Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Laser Welding Machine Market dynamics, structure by analyzing the market segments and project the Global Laser Welding Machine Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Laser Welding Machine Market make the report investor’s guide. Competitive Insight The global laser welding machine market is fragmented with the presence of domestic and international players in the market. Companies are investing in the development of automated laser welding machines to provide advanced welding solutions to consumers. Companies are launching new easy to use products to reduce the requirement of skilled workers. For an instance, IPG Photonics launched their light WELD system in 2020. This system is a handheld laser welding system with a user-friendly interface. The report also covers the list of all the key players, their business strategies, and financial details.Scope of Global Laser Welding Machine Market : Inquire before buying
Global Laser Welding Machine Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 0.30 Bn. Forecast Period 2023 to 2029 CAGR: 5% Market Size in 2029: US $ 0.43 Bn. Segments Covered: by Technology Fiber Laser Welding Machine Solid-State Laser Welding Machine Co2 Laser Welding Machine by End User Automotive Electronics Medical Jewelry Industry Tool And Mold-Making Others Laser Welding Machine Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Laser Welding Machine Market Key Players are:
1. O.R. Laser technologie GmbH 2. FANUC Robotics 3. GSI Group, Inc. 4. LaserStar Technologies Corporation 5. Emerson Electric Co. 6. IPG Photonics 7. TRUMPF Group 8. Amada Miyachi Co., Ltd 9. Wuhan Golden Laser Co., Ltd. 10.JENOPTIK AG. 11.Silasers 12.Laser Lab India pvt. Ltd. 13.Lyustec 14.Coherent Inc. 15.Laserline GmbH 16.Perfect Laser Co. Ltd. 17.Hans Laser 18.Chutian LaserFrequently Asked questions
1. What is the market size of the Global Laser Welding Machine Market in 2022? Ans. The market size Global Laser Welding Machine Market in 2022 was US$ 0.30 Billion. 2. What are the different segments of the Global Laser Welding Machine Market? Ans. The Global Laser Welding Machine Market is divided into Technology and End User. 3. What is the study period of this market? Ans. The Global Laser Welding Machine Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Laser Welding Machine Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Laser Welding Machine Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Laser Welding Machine Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Laser Welding Machine Market: Dynamics 2.1. Laser Welding Machine Market Trends by Region 2.1.1. North America Laser Welding Machine Market Trends 2.1.2. Europe Laser Welding Machine Market Trends 2.1.3. Asia Pacific Laser Welding Machine Market Trends 2.1.4. Middle East and Africa Laser Welding Machine Market Trends 2.1.5. South America Laser Welding Machine Market Trends 2.2. Laser Welding Machine Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Laser Welding Machine Market Drivers 2.2.1.2. North America Laser Welding Machine Market Restraints 2.2.1.3. North America Laser Welding Machine Market Opportunities 2.2.1.4. North America Laser Welding Machine Market Challenges 2.2.2. Europe 2.2.2.1. Europe Laser Welding Machine Market Drivers 2.2.2.2. Europe Laser Welding Machine Market Restraints 2.2.2.3. Europe Laser Welding Machine Market Opportunities 2.2.2.4. Europe Laser Welding Machine Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Laser Welding Machine Market Drivers 2.2.3.2. Asia Pacific Laser Welding Machine Market Restraints 2.2.3.3. Asia Pacific Laser Welding Machine Market Opportunities 2.2.3.4. Asia Pacific Laser Welding Machine Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Laser Welding Machine Market Drivers 2.2.4.2. Middle East and Africa Laser Welding Machine Market Restraints 2.2.4.3. Middle East and Africa Laser Welding Machine Market Opportunities 2.2.4.4. Middle East and Africa Laser Welding Machine Market Challenges 2.2.5. South America 2.2.5.1. South America Laser Welding Machine Market Drivers 2.2.5.2. South America Laser Welding Machine Market Restraints 2.2.5.3. South America Laser Welding Machine Market Opportunities 2.2.5.4. South America Laser Welding Machine Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Laser Welding Machine Industry 2.8. Analysis of Government Schemes and Initiatives For Laser Welding Machine Industry 2.9. Laser Welding Machine Market Trade Analysis 2.10. The Global Pandemic Impact on Laser Welding Machine Market 3. Laser Welding Machine Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 3.1.1. Fiber Laser Welding Machine 3.1.2. Solid-State Laser Welding Machine 3.1.3. Co2 Laser Welding Machine 3.2. Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 3.2.1. Automotive 3.2.2. Electronics 3.2.3. Medical 3.2.4. Jewelry Industry 3.2.5. Tool And Mold-Making 3.2.6. Others 3.3. Laser Welding Machine Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Laser Welding Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 4.1.1. Fiber Laser Welding Machine 4.1.2. Solid-State Laser Welding Machine 4.1.3. Co2 Laser Welding Machine 4.2. North America Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 4.2.1. Automotive 4.2.2. Electronics 4.2.3. Medical 4.2.4. Jewelry Industry 4.2.5. Tool And Mold-Making 4.2.6. Others 4.3. North America Laser Welding Machine Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 4.3.1.1.1. Fiber Laser Welding Machine 4.3.1.1.2. Solid-State Laser Welding Machine 4.3.1.1.3. Co2 Laser Welding Machine 4.3.1.2. United States Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 4.3.1.2.1. Automotive 4.3.1.2.2. Electronics 4.3.1.2.3. Medical 4.3.1.2.4. Jewelry Industry 4.3.1.2.5. Tool And Mold-Making 4.3.1.2.6. Others 4.3.2. Canada 4.3.2.1. Canada Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 4.3.2.1.1. Fiber Laser Welding Machine 4.3.2.1.2. Solid-State Laser Welding Machine 4.3.2.1.3. Co2 Laser Welding Machine 4.3.2.2. Canada Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 4.3.2.2.1. Automotive 4.3.2.2.2. Electronics 4.3.2.2.3. Medical 4.3.2.2.4. Jewelry Industry 4.3.2.2.5. Tool And Mold-Making 4.3.2.2.6. Others 4.3.3. Mexico 4.3.3.1. Mexico Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 4.3.3.1.1. Fiber Laser Welding Machine 4.3.3.1.2. Solid-State Laser Welding Machine 4.3.3.1.3. Co2 Laser Welding Machine 4.3.3.2. Mexico Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 4.3.3.2.1. Automotive 4.3.3.2.2. Electronics 4.3.3.2.3. Medical 4.3.3.2.4. Jewelry Industry 4.3.3.2.5. Tool And Mold-Making 4.3.3.2.6. Others 5. Europe Laser Welding Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.2. Europe Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3. Europe Laser Welding Machine Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.1.2. United Kingdom Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.2. France 5.3.2.1. France Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.2.2. France Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.3.2. Germany Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.4.2. Italy Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.5.2. Spain Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.6.2. Sweden Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.7.2. Austria Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 5.3.8.2. Rest of Europe Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6. Asia Pacific Laser Welding Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.2. Asia Pacific Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3. Asia Pacific Laser Welding Machine Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.1.2. China Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.2.2. S Korea Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.3.2. Japan Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.4. India 6.3.4.1. India Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.4.2. India Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.5.2. Australia Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.6.2. Indonesia Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.7.2. Malaysia Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.8.2. Vietnam Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.9.2. Taiwan Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 6.3.10.2. Rest of Asia Pacific Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 7. Middle East and Africa Laser Welding Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 7.2. Middle East and Africa Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 7.3. Middle East and Africa Laser Welding Machine Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 7.3.1.2. South Africa Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 7.3.2.2. GCC Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 7.3.3.2. Nigeria Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 7.3.4.2. Rest of ME&A Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 8. South America Laser Welding Machine Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 8.2. South America Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 8.3. South America Laser Welding Machine Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 8.3.1.2. Brazil Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 8.3.2.2. Argentina Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Laser Welding Machine Market Size and Forecast, by Technology (2022-2029) 8.3.3.2. Rest Of South America Laser Welding Machine Market Size and Forecast, by End User (2022-2029) 9. Global Laser Welding Machine Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Laser Welding Machine Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. O.R. Laser technologie GmbH 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. FANUC Robotics 10.3. GSI Group, Inc. 10.4. LaserStar Technologies Corporation 10.5. Emerson Electric Co. 10.6. IPG Photonics 10.7. TRUMPF Group 10.8. Amada Miyachi Co., Ltd 10.9. Wuhan Golden Laser Co., Ltd. 10.10. JENOPTIK AG. 10.11. Silasers 10.12. Laser Lab India pvt. Ltd. 10.13. Lyustec 10.14. Coherent Inc. 10.15. Laserline GmbH 10.16. Perfect Laser Co. Ltd. 10.17. Hans Laser 10.18. Chutian Laser 11. Key Findings 12. Industry Recommendations 13. Laser Welding Machine Market: Research Methodology 14. Terms and Glossary