Press release
Laser Plastic Welding Market: Demand for Superior Weld Joints Boosts Application across Diverse Industries, says TMR
The global laser plastic welding market was valued at US$ 758.9 Mn in 2016 and is expected to be valued at US$ 1,543.2 Mn in 2025.
The global laser plastic welding market is characterized by material processing machinery manufacturers innovating in terms of welding methods, laser source and automation in order to cater to intensely competitive manufacturing machinery market. Laser plastic welding system manufacturers are also realizing the significance of introducing innovative technology as part of their branding and marketing strategies. Increasing consumer preference for aesthetically compelling products has driven the demand of laser plastic welding due to its capability of performing welding operation in the hidden surfaces. Various developments in the methods of the laser plastic welding has increased flexibility in the required condition for plastic welding and resulted into expansion of the market into various industries for multiple applications.
Download PDF Brochure For Industry Current & Future Trends@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15332
The global laser plastic welding market is expected to expand at a CAGR of 8.3% in terms of market value over the forecast period 2017-2025. The global market is observed to generate revenues primarily driven by automotive, electrical and electronics, and healthcare industry.
Integrated Systems Segment to Hold Slightly Higher Share in Global Market
On the basis of system type, the global laser plastic welding market is segmented into standalone systems and integrated systems. In terms of global volume, integrated systems segment is anticipated to account for slightly higher share than the standalone systems segment and forecasted to move towards equilibrium to reduce the difference in market shares of the two segments. Due to comparatively low prices of standalone systems, lying into the affordable range for the emerging manufacturers has resulted into the higher pace of growth of the standalone systems segment.
On the basis of method, the market is segmented into contour, quasi-simultaneous, simultaneous, mask, radial and others. The others segment includes various methods recently developed by few key players of the market such as roller welding, globo welding and hybrid welding. Contour welding is the simplest method widely incorporated in various industries for two dimensional welds. Mask welding is widely preferred by electronics industry due to its capability of precisely weld the components without damaging the sensitive components near the welding region. The methods within the others segment are presently in introduction stage and has limited applications restraining the growth of the segment, although, expected to rise at considerable pace due to introduction of the technology to the new industries.
On the basis of end-use industry, global laser plastic welding market can be segmented as electrical and electronics, healthcare, automotive, consumer goods and other industries. Automotive industry is estimated to contribute with the largest share of 48.9% in global laser plastic welding market in 2017 while the healthcare segment is expected to expand at the highest pace with a CAGR of 10.9% over the forecast period.
Asia Pacific Held Dominance among Key Regional Segments
The global laser plastic welding market is segmented geographically into five key regions including North America, Latin America, Europe, Middles East and Africa (MEA) and Asia Pacific (APAC). Accounting for the dominant share of 42% in 2017, Asia Pacific emerged lead in the global market. Expansion reported by the automotive and electrical & electronics industries across Asia Pacific will support the market’s growth in the region through the forecast period. Besides this, lucrative prospects are likely in Europe. The presence of a large number of machinery manufacturers will enable growth in the laser plastic welding market in Europe.
Request For Custom Research@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=15332
Some of the players operating in the global laser plastic welding market include TRUMPF GmbH + Co. KG, Han's Laser Technology Industry Group Co., Ltd, LPKF Laser & Electronics AG, Jenoptik AG, Emerson Electric Co., Nippon Avionics Co., Ltd., Rofin Sinar Technologies Inc., Leister Technologies AG, Amada Miyachi Co. Ltd., DILAS Diodelaser GmbH, CEMAS Elettra S.R.L., Dukane IAS LLC, Control Micro Systems, Inc., Bielomatik Leuze GmbH + Co. KG, O.R. Lasertechnology GmbH, Seidensha Electronics Co., Ltd, Sahajanand Laser Technology Ltd., Scantech Laser Pvt. Ltd. and Wuhan Chuyu Optoelectronic Technology Co., Ltd.
About Us:-
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact Us:-
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Laser Plastic Welding Market: Demand for Superior Weld Joints Boosts Application across Diverse Industries, says TMR here
News-ID: 973696 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for Laser
Fabric Laser Cutting Machine Market Research with COVID-19 - Han's Laser, Gravot …
The Global Fabric Laser Cutting Machine Market Analysis Report provides detailed information of the market as well as critical insights on market size and share, growth driving forces and growth restricting forces, challenges and risk factor, trends and opportunities, advancements and more competitive landscape: profile & business overview of top key players and manufacturers that help comprehend the position of the market on a deeper level.
Download PDF Sample@ https://www.themarketinsights.com/request-sample/254771
Moreover, historic…
Laser Cleaning Market 2020 Analysis by Top Manufacturers -Hans Laser, IPG Photon …
The Global Laser Cleaning Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Request…
Laser Cutting Machine Market Size, Growth, Analysis Research Report 2018 To 2025 …
The Global Laser Cutting Machine Market is an exceptionally divided, niche market with the presence of a limited number of merchants. Suppliers in the market participate based on estimation, development, benefit, reputation, distribution, and promotion. As the market is still in its development stage, small merchants with inventive solutions have the odds of being acquired by leading players in the market.
For Sample Copy of Reports: http://www.contrivedatuminsights.com/Home/RequestaSample/2729
The report provides qualitative…
Medical Laser Systems Market (CO2 Laser, Excimer Laser, Ho:Yag Laser, Nd:Yag Las …
Lasers produce parallel, monochromatic and coherent beams of light of specific frequency by the process of stimulated emission. This report includes the market estimation of the global medical laser systems market for the forecast period in terms of USD million, considering 2011 as the base year. Furthermore, the market trends, drivers, restraints, future opportunities and recent developments have been taken into account while forecasting the market growth and revenue for…
Global Laser Processing Market Forecast 2018-2025 Bystronic Laser AG, Eurolaser …
Market study on Global Laser Processing 2018 Research Report presents a professional and complete analysis of Global Laser Processing Market on the current market situation.
Report provides a general overview of the Laser Processing industry 2018 including definitions, classifications, Laser Processing market analysis, a wide range of applications and Laser Processing industry chain structure. The 2018's report on Laser Processing industry offers the global Laser Processing development history, development trends…
Global Laser Cutting Machines Market - Lead Laser, Golden Laser, Boye Laser, Kai …
Global Laser Cutting Machines Market Report 2017 provides detailed analysis of Laser Cutting Machines market, enclosing detailed study of Laser Cutting Machines market for last few years and forecast up to year 2022. The Laser Cutting Machines market report analyses the global Laser Cutting Machines market from different angles to understand various factors impacting the global Laser Cutting Machines market.
The reports enlightens the user with various applications, product type, end…
