Laser Welding System Market By Laser Type (Gas Laser (CO2), Solid-State, Fiber, Others), Power (Less than 1kW, More than 1.1 kW), Application (Automotive, Electronics, Aerospace, Others): Global Opportunity Analysis & Industry Forecast, 2023-2032

Description

List of Tables

The global laser welding system market was valued at $2,857.1 million in 2020, and is projected to reach $6,262.5 million by 2032, registering a CAGR of 6.9%. A laser beam creates a weld to fuse metals or thermoplastics during laser welding. Laser welding generate narrow, deep welds between square-edged pieces in thicker materials and fast welding speeds of meters per minute in thin materials due to the concentrated heat source. It is a process used to join metals or thermoplastics using a laser beam to form a weld. The accuracy and precision of the process produce low thermal distortion, making it perfect for welding sensitive materials.

The increase in the trend of automation in industries for high efficiency, improved productivity, and accuracy has resulted in laser welding systems market growth. The rise in the adoption of laser systems is expected to register high market revenue, owing to an increase in the need for high-precision laser systems for various applications on different materials. Furthermore, the rise in demand for material processing in various sectors such as automotive, aerospace, industrial machinery, electronics, and medical is driving the laser welding systems market share growth. Furthermore, the shift of the automotive sector toward electric vehicles is generating demand opportunities for laser welding systems.

A significant growth opportunity lies in the rapidly expanding electric vehicle (EV) sector, owing to the automotive industry undergoing a profound transformation toward electrification, laser welding systems play a central role in the assembly of electric vehicle components, especially battery packs. These systems ensure precise and efficient welding of battery cells and modules, contributing to the safety, reliability, and performance of electric vehicles. For example, Tesla, a major electric vehicle manufacturer, widely uses laser welding in battery assembly. Laser welding plays an important role in the growth of the electric vehicle market. As the demand for electric vehicles continues to increase globally, the laser welding systems market is expected to provide lucrative opportunities for the growth of the market.

The laser welding systems market is segmented on the basis of type, power, application, and region. By type, the market is categorized into gas laser (CO2), solid-state laser, fiber laser, and others. On the basis of power, it is bifurcated into less than 1kW and more than 1.1kW. On the basis of application, the market is categorized into automotive, electronics, aerospace, and others.

Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, LAMEA. The major players that operate in the global market have adopted key strategies such as product launch, collaboration and product development to strengthen their market outreach and sustain the stiff competition in the market.

COMPETITION ANALYSIS

Key companies profiled in the laser welding systems market report include Amada Co. Ltd (Amada weld tech), Alpha Laser, Baison Laser, Coherent, Hans Laser, IPG Photonics, Jenoptik, Laser Star Technologies, Panasonic Corporation, and TRUMPF.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the laser welding system market analysis from 2020 to 2032 to identify the prevailing laser welding system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the laser welding system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global laser welding system market trends, key players, market segments, application areas, and market growth strategies.

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Installed Base analysis
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Technology Trend Analysis
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New Product Development/ Product Matrix of Key Players
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
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Expanded list for Company Profiles
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Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
Per Capita Consumption Trends
Product Consumption Analysis
Reimbursement Scenario
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Laser Type

Gas Laser (CO2)
Solid-State
Fiber
Others

By Power

Less than 1kW
More than 1.1 kW

By Application

Automotive
Electronics
Aerospace
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

Key Market Players:

TRUMPF
Amada Co., Ltd.
IPG Photonics
JENOPTIK
ALPHA Laser GmbH
Foshan Huibaisheng Laser Technology Co., Ltd
LaserStar Technologies Corporation
Coherent Corp.
Panasonic Corporation
Hans Laser Technology Industry Group, Co. LTD.

Product Code: A135089

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Recovery of the automotive industry around the globe
  - 3.4.1.2. Increase in material processing
  - 3.4.1.3. Adoption of laser systems in various sectors
- 3.4.2. Restraints
  - 3.4.2.1. High initial cost
- 3.4.3. Opportunities
  - 3.4.3.1. Technological advancements in fiber laser system

CHAPTER 4: LASER WELDING SYSTEM MARKET, BY LASER TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Gas Laser (CO2)
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Solid-State
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Fiber
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: LASER WELDING SYSTEM MARKET, BY POWER

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Less than 1kW
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. More than 1.1 kW
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: LASER WELDING SYSTEM MARKET, BY APPLICATION

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Automotive
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Electronics
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Aerospace
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: LASER WELDING SYSTEM MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Laser Type
- 7.2.3. Market size and forecast, by Power
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Laser Type
  - 7.2.5.1.2. Market size and forecast, by Power
  - 7.2.5.1.3. Market size and forecast, by Application
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Laser Type
  - 7.2.5.2.2. Market size and forecast, by Power
  - 7.2.5.2.3. Market size and forecast, by Application
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Laser Type
  - 7.2.5.3.2. Market size and forecast, by Power
  - 7.2.5.3.3. Market size and forecast, by Application
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Laser Type
- 7.3.3. Market size and forecast, by Power
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Laser Type
  - 7.3.5.1.2. Market size and forecast, by Power
  - 7.3.5.1.3. Market size and forecast, by Application
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Laser Type
  - 7.3.5.2.2. Market size and forecast, by Power
  - 7.3.5.2.3. Market size and forecast, by Application
  - 7.3.5.3. Italy
  - 7.3.5.3.1. Market size and forecast, by Laser Type
  - 7.3.5.3.2. Market size and forecast, by Power
  - 7.3.5.3.3. Market size and forecast, by Application
  - 7.3.5.4. UK
  - 7.3.5.4.1. Market size and forecast, by Laser Type
  - 7.3.5.4.2. Market size and forecast, by Power
  - 7.3.5.4.3. Market size and forecast, by Application
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Laser Type
  - 7.3.5.5.2. Market size and forecast, by Power
  - 7.3.5.5.3. Market size and forecast, by Application
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Laser Type
- 7.4.3. Market size and forecast, by Power
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Laser Type
  - 7.4.5.1.2. Market size and forecast, by Power
  - 7.4.5.1.3. Market size and forecast, by Application
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Laser Type
  - 7.4.5.2.2. Market size and forecast, by Power
  - 7.4.5.2.3. Market size and forecast, by Application
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Laser Type
  - 7.4.5.3.2. Market size and forecast, by Power
  - 7.4.5.3.3. Market size and forecast, by Application
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Laser Type
  - 7.4.5.4.2. Market size and forecast, by Power
  - 7.4.5.4.3. Market size and forecast, by Application
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Laser Type
  - 7.4.5.5.2. Market size and forecast, by Power
  - 7.4.5.5.3. Market size and forecast, by Application
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Laser Type
- 7.5.3. Market size and forecast, by Power
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Latin America
  - 7.5.5.1.1. Market size and forecast, by Laser Type
  - 7.5.5.1.2. Market size and forecast, by Power
  - 7.5.5.1.3. Market size and forecast, by Application
  - 7.5.5.2. Middle East
  - 7.5.5.2.1. Market size and forecast, by Laser Type
  - 7.5.5.2.2. Market size and forecast, by Power
  - 7.5.5.2.3. Market size and forecast, by Application
  - 7.5.5.3. Africa
  - 7.5.5.3.1. Market size and forecast, by Laser Type
  - 7.5.5.3.2. Market size and forecast, by Power
  - 7.5.5.3.3. Market size and forecast, by Application

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2020

CHAPTER 9: COMPANY PROFILES

9.1. TRUMPF
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Hans Laser Technology Industry Group, Co. LTD.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
9.3. Foshan Huibaisheng Laser Technology Co., Ltd
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
9.4. Amada Co., Ltd.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
9.5. Coherent Corp.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
9.6. IPG Photonics
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. LaserStar Technologies Corporation
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
9.8. JENOPTIK
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. ALPHA Laser GmbH
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
9.10. Panasonic Corporation
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance