Global Robotic Laser Cutting Market 2018-2022
About Robotic Laser Cutting
Robotic laser cutting is a multi-directional and multi-angle flexible cutting method enabled through industrial robots. The robotic laser cutting system consists of a robotic arm, material positioners, robot controllers, and End of Arm Tooling (EOAT). Robots handle the tool or the workpiece to accomplish the task.
Technavio’s analysts forecast the global robotic laser cutting market to grow at a CAGR of 13.04% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global robotic laser cutting market for 2018-2022. 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 Robotic Laser Cutting Market 2018-2022
Technavio recognizes the following companies as the key players in the global robotic laser cutting market: ABB, FANUC, Jenoptik, Midea, Stäubli, and Yaskawa Electric.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is IoT and Industry 4.0. The Internet of Things (IoT) is an interconnection of several things, including mechanical or digital devices, which enable data to be transferred from end-to-end without human intervention. Currently, IoT has already been commercialized in various applications, thereby initiating an industrial revolution with the advent of Industry 4.0.”
According to the report, one driver in the market is increased productivity with improved laser technology. Improvement in laser technology has played a key role in enhancing the cutting operations in end-user industries. With the inclusion of fiber laser, the performance and efficiency of laser cutting have improved drastically. The switch from traditional laser technology to fiber-based cutting in order to improve cut resolution, cutting speed, control on laser pulse, and life of the equipment has further increased the capability of laser cutting.
Further, the report states that one challenge in the market is lower least count of accuracy of robotic laser cutting. Robotic laser cutting provides extensive flexibility to undertake processes in various end-user industries. However, robotic solutions face a challenge from five-axis laser cutting machines due to lower least count of accuracy. A typical five-axis laser cutting machine has all linear axes, except the last two that are rotational.
ABB, FANUC, Jenoptik, Midea, Stäubli, and Yaskawa Electric.