Laser Welding Machine Market 2018 Global Expected to Grow at CAGR of 5% and Forecast to 2023

Laser welding machine Market 2018

Global 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 2023

Key Players

The key players of Laser welding machine Market Market report include-

Emerson Electric Company (U.S.)
IPG Photonics (U.S.)
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.)

The Global Laser welding machine market size is projected to grow at a CAGR of 5% during the forecast period.

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Market Synopsis

The Laser welding machine market is expected to grow significantly during the forecast period owing to the thermal stability provided by the laser welding machine which helps in reducing the scrap from the materials that are being welded. The use of laser welding also helps in removing the use of glue and chemical additives from the welding operations. The increasing use of laser welding machines by various end-user applications such as medical, jewelry industry, automotive and electronics among others is also driving the growth of the market. The demand for welding machines will also increase with product innovations, advances in manufacturing process and technological improvements.

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.

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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