Laser Welding Machine Market Information by Technology (Fiber Laser Welding Machine, Co₂ Laser Welding Machine and Solid-State Laser Welding Machine), By Application (Medical, Electronics, Jewelry industry, Automotive, Tool and Mold-making and Others) And Region - Forecast To 2030

The laser welding machine market share will acquire a CAGR of 4.90 % to reach a expected value of USD 1.12 billion in the forecast period by 2030.

Laser Welding Machine Market Synopsis

The laser welding machine market notices a steady growth rate due to thermal stability. Laser welding helps to remove the use of glue and chemical additives in welding operations. The laser welding machines are highly used in different industrial verticals such as automotive, medical, jewellery, and electronics. These end-users are highly driving the market’s growth. The market is observing sheer growth due to product developments and innovations. Moreover, the advancement in the manufacturing process also contributes to the growth of the laser welding machine market.

Laser welding is numerously applicable in different fields, from micro-welding of medical devices to manual welding in the medical and jewellery industries. The manufacturing and repair of tools in the automotive and manufacturing sectors are highly dependent on the laser welding process.

The laser welding machine market is also driven by the demand for fabricated metal products and heavy industrial equipment development. Technological development and advancement in manufacturing processes integrated with the latest technologies bring up good market opportunities. The requirement for automation is also enhancing the market’s performance.

Laser Welding Machine Market Key Players:

The key players of global Laser welding machine market report include- Emerson Electric Company (U.S.), IPG Photonics (U.S.), O.R. Lasertechnologie (Germany), TRUMPF Group(Germany), Amada Miyachi Co., Ltd, (U.S.), FANUC Robotics (Japan), Golden Laser (China), GSI Group, Inc. (U.S.), JENOPTIK AG. (Germany), LaserStar Technologies Corporation (U.S.) among others.

Recent Developments

April 2022

With its latest innovations and demonstration in ASCO valves and Branson laser-welding solutions for medical devices, Emerson Automation Solutions has participated in the MD & M West 2022 trade show in Anaheim, California, from April 12 to 14.

November 2021

TRUMPF has offered a new innovative product TruLaser Weld 1000. It will help small companies to incline towards automated laser welding. This product is suitable for welding sheet metal boxes, electrical cabinets, and covers.

The system is a collaborative robot with 6-axis articulated arms. These arms allow it to move faster and accurately for high-quality weld seams. The operator has to guide the robot manually for the welding operation. When the button is pressed, the software creates the welding program.

Amongst all technologies which are being used for global laser welding machine market, the fiber laser welding machine is expected to grow significantly during the forecast period.  The fiber lasers facilitate the effective delivery of light on the desired spot of the metal which is being welded as it does not need expensive optical mirrors and other moving parts such as a disk laser among others. In this technology, the fiber laser light is amplified and channeled through a fiber optic cable.

Amongst all regions, Europe region is expected to grow significantly during the forecast period owing to factors such as the rising trend of automation, continuous advancements in welding technology and swift increase in infrastructural development projects. The growth of the market in the region will be further supported by rapid urbanization, the increase in disposable income of the people and the increasing government funding.  

Laser welding refers to the use of a laser beam as a concentrated heat source for joining multiple pieces of different kinds of material together. The laser is a focused heat source which helps in creating a strong seam at relatively high speed.

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.