Global Laser Welding Machine Market 2017-2021
About Laser Welding Machine
Laser welding uses a laser beam as a concentrated heat source to join multiple pieces of different materials together. The focused heat source, i.e., the laser, helps in creating a strong seam at relatively high speed. Laser welding machines include high-power capacity lasers that can weld a variety of materials ranging from plastics to hard metals such as steel with high precision levels. The versatility of these laser welding machines enables manufacturers to cut various types of materials and develop components and products that have complex geometry.
Technavio’s analysts forecast the global laser welding machine market to grow at a CAGR of 5.37% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global laser welding machine market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laser Welding Machine Market 2017-2021
Technavio recognizes the following companies as the key players in the global laser welding machine market: Emerson, IPG Photonics, O.R. Lasertechnologie, and TRUMPF.
Other Prominent Vendors in the market are: Amada Miyachi, CMF, EMAG, FANUC Robotics, Golden Laser, GSI Group, Jenoptik, LASAG, Laserline, LaserStar Technologies, MECASONIC, Perfect Laser, Precitec, Coherent-ROFIN, Sigma Laser, SLTL, SPI LASERS, and Wuhan Tianqi Laser Equipment Manufacturing.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is additive manufacturing. The manufacturing industry is experiencing the advent of a revolutionary technology known as 3D printing. This 3D printing, also known as additive manufacturing, is the process of creating three-dimensional objects using a digital file. The process generally involves building up of thin layers, one by one. 3D printing can produce complex geometries that may not be possible with old conventional manufacturing techniques.”
According to the report, one driver in the market is change in energy mix – demand from wind energy. In wind energy, wind tower fabrication requires the formation of huge tubular shapes from individual cans. Internal and external longitudinal welding is required for the cans while welding, tacking, and forming of external and internal circumferential joints are essential for the formation of the tower. Foundation flanges, port-holes, and subcomponents are some other areas that require welding solutions. Advanced automation is essential to obtain better, and repeatable welding results. Hence, the welding process equipment comprises a system of components, each customized for its respective function.
Further, the report states that one challenge in the market is challenges in laser-welding alloys for EV battery applications. Laser welding is one of the major applications of industrial lasers. However, its implementation has been limited in some important material processing applications. Laser beam characteristics such as insufficient beam quality and wavelength, limited maximum average and peak power, and the inability to respond to high-speed controls reduce the efficiency of laser welding in electrical vehicle (EV) batteries, particularly in lamp pumped solid-state (pulsed and continuous wave) and CO₂ lasers. Understanding the competences of laser welding on aluminum and copper alloys, as well as combinations of other materials is important, particularly with EV battery manufacturing.
Emerson, IPG Photonics, O.R. Lasertechnologie, TRUMPF, Amada Miyachi, CMF, EMAG, FANUC Robotics, Golden Laser, GSI Group, Jenoptik, LASAG, Laserline, LaserStar Technologies, MECASONIC, Perfect Laser, Precitec, Coherent-ROFIN, Sigma Laser, SLTL, SPI LASERS, and Wuhan Tianqi Laser Equipment Manufacturing.
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