Laser Automation Market, By Type of Laser, By Application, By End-use Industry, By Region

PUBLISHED: December 20, 2023

PAGES: 160 Pages

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Description

Global laser automation market is projected to reach US$ 12,045.3 Mn by 2030, from US$ 16,071.4 Mn in 2023, exhibiting a CAGR of 4.2% during the forecast period.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 12,045.3 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	4.20%	2030 Value Projection:	US$ 16,071.4 Mn

Figure 1. Global Laser Automation Market Share (%), By Region, 2023

Laser automation enables automated positioning and inspection of components for laser marking. This includes the transport of products to and from a marking station, mark alignment as well as software controlled quality checks throughout the entire process. It is often combined with automatic optical inspection for a complete quality assurance solution from start to finish.

Bold laser automation engineering provides a large-scale variety of laser automation projects, from small scale product development to full systems. No matter the size of the project, each one is approached with the same high level of planning and coordination. The team's diverse set of skills and depth of knowledge across multiple industries, including specialized vacuum chuck design, fixturing, and laser processing allows for the highest level of efficiency and accuracy in production.

Market Dynamics

Global laser automation market growth is driven by expanding trend of industrial automation across numerous industries, including manufacturing, automotive, electronics, healthcare, and aerospace. Preciseness, effectivity and adaptability provided by laser automation for different operations increases production and lower operation costs. Latest technological advancements have led to the advancements in power, precision, and beam quality which have stretched the opportunity of laser automation usages and the increased need for automation results. High-precision manufacturing techniques are necessary in many industries to produce precise and complicated results. The laser automation offers precision, and thus, the producers are able to create intricate parts, tiny components, and tiny details with the least amount of material waste. The requirement for precision manufacturing and the demand for high-quality goods are driving the use of laser automation systems. The laser automation system is more cost and time- effective than conventional methods. These elements support increased productivity and total cost savings.

Laser automation systems often require a significant initial investment, including the cost of laser equipment, associated infrastructure, and integration with other machinery. The upfront capital expenditure can be a barrier for small and medium-sized enterprises (SMEs) or companies with limited financial resources, limiting their ability to adopt laser automation technologies.

Key features of the study:

This report provides in-depth analysis of the global laser automation market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players laser automation market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Trumpf GmbH + Co. KG, Coherent, Inc., IPG Photonics Corporation, Han's Laser Technology Industry Group Co., Ltd., Rofin-Sinar Technologies Inc., Jenoptik AG. Amada Miyachi America, Inc., Newport Corporation, Prima Power, and Fanuc Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global laser automation market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laser automation market

Detailed Segmentation:

By Type of laser
- Fiber
- Solid-state
- Gas Laser
- Liquid Laser
By Application
- Laser Processing
- Optical Communication
- Optoelectronics Device
End-User Industry:
- Automotive
- Semiconductor & Electronics
- Healthcare
- Telecommunications
- Industrial
- Aerospace & Defence
- Other
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Trumpf GmbH + Co. KG
- Coherent, Inc.
- IPG Photonics Corporation
- Han's Laser Technology Industry Group Co., Ltd.
- Rofin-Sinar Technologies Inc.
- Jenoptik AG
- Amada Miyachi America, Inc.
- Newport Corporation
- Prima Power
- Fanuc Corporation

Product Code: CMI6060

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Laser Automation Market, By Type Of Laser
- Laser Automation Market, By Application
- Laser Automation Market, By End User Industry
- Laser Automation Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing Industrial Automation
- Restraints
High Initial Investment
- Opportunities
Emerging Industries
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Laser Automation Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Laser Automation Market, By Type of Laser, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Fiber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn)
Solid-State
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn)
Gas Laser
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Liquid Laser
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

6. Global Laser Automation Market, By Application, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Laser Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn)
Optical Communication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn)
Optoelectronic Device
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

7. Global Laser Automation Market, By End User Industry, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Semiconductor & Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Aerospace & Defence
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)
Other
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Mn)

8. Global Laser Automation Market, By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of laser, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of laser, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of laser, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of laser, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of laser, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2018-2030, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Mn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

9. Competitive Landscape

Trumpf GmbH + Co. KG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Coherent, Inc.
IPG Photonics Corporation
Han's Laser Technology Industry Group Co., Ltd
Rofin-Sinar Technologies Inc.
Jenoptik AG
Amada Miyachi America, Inc.
Newport Corporation
Prima Power
Fanuc Corporation
Analyst Views