[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Laser Welding System Market Size study & Forecast, 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) and Regional Analysis, 2023-2030

April 2024 | 200 pages | ID: G324AB638CE5EN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Laser Welding System Market is valued at approximately USD 3.31 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.90% during the forecast period 2023-2030. Laser Welding System is a technology that utilizes laser beams to join materials together through the process of welding. In laser welding, the intense, focused beam of a laser is used to melt and fuse the materials, creating a strong and precise bond. The laser beam provides concentrated heat, allowing for a narrow and controlled welding area. Various types of lasers, such as fiber lasers, CO2 lasers, and solid-state lasers, can be used in laser welding systems. Moreover, the growing demand in automotive manufacturing, rise in adoption in the aerospace industry, rise in automation and industry 4.0, and growing demand in precision and quality of welds that anticipated to create a lucrative demand for the market during the forecast period 2023-2030.

Additionally, the automotive industry is a major contributor to the demand for laser welding systems. The technology is widely used for joining components in the automotive manufacturing process, including body parts, chassis components, and exhaust systems. Thus, the growing automotive manufacturing is anticipated to support the market growth. According to Statista, in 2020 the U.S. motor vehicles and parts manufacturing generated a gross output of USD 644.2 billion and in 2022 the number reached USD 863 billion. As a result, the growing vehicles and parts manufacturing is anticipated to create a lucrative demand for the market. Moreover, the technological advancements in fiber laser systems and growing demand for lightweight materials are anticipated to create lucrative opportunities for the market. However, the high initial cost stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Laser Welding System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing manufacturing industries, such as automotive, aerospace, and electronics, ongoing advancements in laser welding technology, the presence of key market players, and increasing adoption in the automotive sector. Whereas, the Asia Pacific is expected to grow with the fastest growth rate over the forecast period, owing to factors such as the growing expansion of the automotive industry, rising investments in the aerospace sector, growing infrastructure development, and supportive government initiatives and policies.

Major market player included in this report are:

ALPHA Laser GmbH

LaserStar Technologies Corporation

Amada Co., Ltd.

Panasonic Corporation

Coherent Corp.

Hans Laser Technology Industry Group, Co. LTD.

Foshan Huibaisheng Laser Technology Co., Ltd

IRE-Polus Group

TRUMPF Group

Jenoptik AG

Recent Developments in the Market:
  • In September 2023, TRUMPF inaugurated a new regional headquarters in Hungary, marking its expansion into Southeast Europe. The lasers manufactured by TRUMPF are integral components in the production facilities of Korean car battery manufacturers operating in Hungary, catering to the European market.
Global Laser Welding System Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Laser Type, Power, Application, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Laser Welding System Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Laser Welding System Market, by Laser Type, 2020-2030 (USD Billion)
  1.2.3. Laser Welding System Market, by Power, 2020-2030 (USD Billion)
  1.2.4. Laser Welding System Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL LASER WELDING SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL LASER WELDING SYSTEM MARKET DYNAMICS

3.1. Laser Welding System Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growing demand in automotive manufacturing
    3.1.1.2. Rise in adoption in aerospace industry
    3.1.1.3. Rise in automation and industry 4.0
    3.1.1.4. Growing demand in precision and quality of welds
  3.1.2. Market Challenges
    3.1.2.1. High initial cost of laser welding systems
  3.1.3. Market Opportunities
    3.1.3.1. Technological advancements in fiber laser system
    3.1.3.2. Growing demand for lightweight materials

CHAPTER 4. GLOBAL LASER WELDING SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL LASER WELDING SYSTEM MARKET, BY LASER TYPE

5.1. Market Snapshot
5.2. Global Laser Welding System Market by Laser Type, Performance - Potential Analysis
5.3. Global Laser Welding System Market Estimates & Forecasts by Laser Type 2020-2030 (USD Billion)
5.4. Laser Welding System Market, Sub Segment Analysis
  5.4.1. Gas Laser (CO2)
  5.4.2. Solid-State
  5.4.3. Fiber
  5.4.4. Others

CHAPTER 6. GLOBAL LASER WELDING SYSTEM MARKET, BY POWER

6.1. Market Snapshot
6.2. Global Laser Welding System Market by Power, Performance - Potential Analysis
6.3. Global Laser Welding System Market Estimates & Forecasts by Power 2020-2030 (USD Billion)
6.4. Laser Welding System Market, Sub Segment Analysis
  6.4.1. Less than 1kW
  6.4.2. More than 1.1 kW

CHAPTER 7. GLOBAL LASER WELDING SYSTEM MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Laser Welding System Market by Application, Performance - Potential Analysis
7.3. Global Laser Welding System Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Laser Welding System Market, Sub Segment Analysis
  7.4.1. Automotive
  7.4.2. Electronics
  7.4.3. Aerospace
  7.4.4. Others

CHAPTER 8. GLOBAL LASER WELDING SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Laser Welding System Market, Regional Market Snapshot
8.4. North America Laser Welding System Market
  8.4.1. U.S. Laser Welding System Market
    8.4.1.1. Laser Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Power breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Laser Welding System Market
8.5. Europe Laser Welding System Market Snapshot
  8.5.1. U.K. Laser Welding System Market
  8.5.2. Germany Laser Welding System Market
  8.5.3. France Laser Welding System Market
  8.5.4. Spain Laser Welding System Market
  8.5.5. Italy Laser Welding System Market
  8.5.6. Rest of Europe Laser Welding System Market
8.6. Asia-Pacific Laser Welding System Market Snapshot
  8.6.1. China Laser Welding System Market
  8.6.2. India Laser Welding System Market
  8.6.3. Japan Laser Welding System Market
  8.6.4. Australia Laser Welding System Market
  8.6.5. South Korea Laser Welding System Market
  8.6.6. Rest of Asia Pacific Laser Welding System Market
8.7. Latin America Laser Welding System Market Snapshot
  8.7.1. Brazil Laser Welding System Market
  8.7.2. Mexico Laser Welding System Market
8.8. Middle East & Africa Laser Welding System Market
  8.8.1. Saudi Arabia Laser Welding System Market
  8.8.2. South Africa Laser Welding System Market
  8.8.3. Rest of Middle East & Africa Laser Welding System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. ALPHA Laser GmbH
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. LaserStar Technologies Corporation
  9.3.3. Amada Co., Ltd.
  9.3.4. Panasonic Corporation
  9.3.5. Coherent Corp.
  9.3.6. Hans Laser Technology Industry Group, Co. LTD.
  9.3.7. Foshan Huibaisheng Laser Technology Co., Ltd
  9.3.8. IRE-Polus Group
  9.3.9. TRUMPF Group
  9.3.10. Jenoptik AG

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

12 .LIST OF TABLES

TABLE 1. Global Laser Welding System Market, report scope
TABLE 2. Global Laser Welding System Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Laser Welding System Market estimates & forecasts by Laser Type 2020-2030 (USD Billion)
TABLE 4. Global Laser Welding System Market estimates & forecasts by Power 2020-2030 (USD Billion)
TABLE 5. Global Laser Welding System Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Laser Welding System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Laser Welding System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Laser Welding System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Laser Welding System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Laser Welding System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Laser Welding System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Laser Welding System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Laser Welding System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Laser Welding System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Laser Welding System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Laser Welding System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Laser Welding System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Laser Welding System Market
TABLE 71. List of primary sources, used in the study of global Laser Welding System Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Laser Welding System Market, research methodology
FIG 2. Global Laser Welding System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Laser Welding System Market, key trends 2022
FIG 5. Global Laser Welding System Market, growth prospects 2023-2030
FIG 6. Global Laser Welding System Market, porters 5 force model
FIG 7. Global Laser Welding System Market, pest analysis
FIG 8. Global Laser Welding System Market, value chain analysis
FIG 9. Global Laser Welding System Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Laser Welding System Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Laser Welding System Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Laser Welding System Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Laser Welding System Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Laser Welding System Market, regional snapshot 2020 & 2030
FIG 15. North America Laser Welding System Market 2020 & 2030 (USD Billion)
FIG 16. Europe Laser Welding System Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Laser Welding System Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Laser Welding System Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Laser Welding System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications