Global Laser Plastic Welding Market, By System (Standalone System, Integrated), Method (Contour Welding, Quasi-Simultaneous, Simultaneous, Mask Welding, Mask Welding, Radial Welding, Others), Laser (CO2 Laser, Diode Laser, Fibre Laser, Nd:YAG Laser), Application (Component, Films), End User (Electrical and Electronics, Healthcare, Automotive, Consumer Goods, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Laser Plastic Welding Market
The laser plastic welding market size is expected to grow at a compound annual growth rate of 7.86% for the forecast period of 2021 to 2028. Data Bridge Market Research report on laser plastic welding market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Laser has emerged as one of the most favored methods for welding plastics. It provides better welding quality as well as the flexibility. Laser plastic welding is generally used in a number of industries, such as automotive, medical and electronic packaging.
The laser plastic welding market is expected to rise in demand due to the high demand for safe, reliable, and versatile laser plastic welding in healthcare. Also, the laser plastic welding make sure strong joints, besides ensuring high accuracy and accurateness, thus it is largely uses in the automotive sector which is also projected to impact the growth of the laser plastic welding in the forecast period of 2021 to 2028. The pricing for diode and Nd:YAG lasers has dropped significantly which is also anticipated to flourish the demand of the laser plastic welding market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the demand for a variety of plastic medical devices and surgical nature of laser plastic welding are also expected to push the growth of laser plastic welding market in the above mentioned forecast period.
The major factor which actively drives the demand of laser plastic welding market is the high demand of laser plastic welding as it provides optimum strength and reduces the cycle time in chemical bonding and mechanical joining applications. Likewise, the rapid advancements in textile joining and the rise in popularity of laser plastic welding amongst various industrial verticals are expected to offer various growth opportunities for the growth of laser plastic welding market over the forecast period of 2021 to 2028.
However, the High maintenance cost and high initial cost are expected to impede the growth of the laser plastic welding market in the above mentioned forecast period, whereas the low energy conversion efficiency can challenge the growth of the laser plastic welding market.
This laser plastic welding market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the laser plastic welding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Laser Plastic Welding Market Scope and Market Size
The laser plastic welding market is segmented on the basis of system, method, laser, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of system, the laser plastic welding market is segmented into standalone system and integrated.
- On the basis of method, the laser plastic welding market is segmented into contour welding, quasi-simultaneous, simultaneous, mask welding, mask welding, radial welding and others.
- Based on laser, the laser plastic welding market is segmented into CO2 laser, diode laser, fibre laser and Nd:YAG laser. Diode laser has further been segmented into dio-scan, direct, fiber-coupled and multi-diode.
- On the basis of application, the laser plastic welding market is segmented into component and films.
The end user segment for laser plastic welding market is segmented into electrical and electronics, healthcare, automotive, consumer goods and others.
Laser Plastic Welding Market Country Level Analysis
The laser plastic welding market is analyzed and market size, volume information is provided by country, system, method, laser, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the laser plastic welding market because of the rapid expansion of automotive as well as electrical and electronic industries. Europe is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to strong presence of a large number of machinery manufacturers and rapid change in consumer inclination for tastefully convincing products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Laser Plastic Welding Market Share Analysis
The laser plastic welding market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laser plastic welding market.
The major players covered in the laser plastic welding market report are TRUMPF, Han's Laser Technology Industry Group Co., Ltd., LPKF Laser & Electronics AG, Jenoptik AG, Emerson Electric Co., Nippon Avionics Co., Ltd., Leister Technologies AG, AMADA WELD TECH, DILAS Diodelaser GmbH, CONTROL MICRO SYSTEMS (CMS LASER), Scantech Laser Ltd., CEMAS Elettra S.r.l., SEIDENSHA, Dukane Corp., bielomatik GmbH, Laserline GmbH, Sahajanand Laser Technology Limited (SLTL Group), ACSYS Lasertechnik GmbH, Hamamatsu Photonics K.K., and SPI LASERS LIMITED, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-