Market Overview:
The global fiber laser welder market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fiber laser welders in various applications, such as locomotive, aerospace, home appliances, metal processing and others. Fiber laser welders are used for welding different types of materials including aluminum, copper and steel. They are also used for welding dissimilar metals together.
Product Definition:
A fiber laser welder uses a beam of light to weld together two pieces of metal. The fiber laser welder is important because it is very precise and causes less damage to the metal than other types of welding machines.
AC Fiber Laser Welder:
AC fiber laser welder is a device used to weld steel pipes and other metal products. It uses optical fiber for a beam of light which is generated by an electric current passed through the optical fiber. The welding process takes place due to heat created when the current travels through the optical fibers.
The major advantage of using this product is that it does not require any gas or air supply, thus making it environment friendly as compared to other traditional welding equipment.
DC Fiber Laser Welder:
DC fiber laser welder is used to weld fibers in a wide range of applications. It can be used for joining two different types of fibers such as silica and nylon, or carbon fiber with any other type of material. Fiber laser welder operates by producing infrared light which is then applied on the target area where it meets with the resistance from the materials and heat up to temperatures exceeding 3,000°C (5,nesium).
Application Insights:
The global demand for automotive application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the rising production of electric and hybrid vehicles in various countries across the world. The home appliances segment held the largest market share in 2017, attributed to increasing penetration of high-speed internet, smart homes and connected devices over the recent years. Fiber laser welders are used for welding different types of metals including steel, aluminum alloys and non-ferrous metal such as copper & its alloys & plastic materials on an industrial scale due to their small size requirement which makes them suitable for use in consumer goods as well as large-scale manufacturing facilities.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to a large number of OEMs and aftermarket service centers that repair or maintain vehicles using fiber laser technology. In addition, increasing demand for lightweight materials in aerospace manufacturing is expected to drive product demand over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rising investments by governments across various countries such as China, Japan, and India for developing advanced technologies such as fiber lasers welders. Moreover, growing automotive production due to low labor costs coupled with favorable government policies are some major factors driving regional product demand over the forecast period.
Growth Factors:
- Increasing demand for fiber laser welders from the automotive and aerospace industries due to the rising popularity of lightweight and fuel-efficient vehicles and aircraft.
- Growing demand for fiber laser welders from the medical device industry as they are used in a wide range of applications such as implants, prosthetics, and surgical instruments.
- Rising demand for fiber laser welders from the consumer electronics industry due to increasing adoption of advanced technologies such as 3D printing and flexible displays.
- Increasing use of fiber laser welders in manufacturing processes owing to their high welding speed, precision, and low heat distortion levels.
- Technological advancements that have led to development of smaller, more portable fiber lasers that are suitable for welding a wider range of materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiber Laser Welder Market Research Report
By Type
AC Fiber Laser Welder, DC Fiber Laser Welder
By Application
Locomotive, Aerospace, Home Appliances, Metal Processing, Others
By Companies
LaserStar Technologies, Jiatai Laser, Sahajanand Laser, HSG, Han’s Laser, Penta Laser, Trumpf, Sree Engineers, Dapeng Laser, Chao Mi Laser, Xintian Technology, Leapion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Fiber Laser Welder Market Report Segments:
The global Fiber Laser Welder market is segmented on the basis of:
Types
AC Fiber Laser Welder, DC Fiber Laser Welder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Locomotive, Aerospace, Home Appliances, Metal Processing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LaserStar Technologies
- Jiatai Laser
- Sahajanand Laser
- HSG
- Han’s Laser
- Penta Laser
- Trumpf
- Sree Engineers
- Dapeng Laser
- Chao Mi Laser
- Xintian Technology
- Leapion
Highlights of The Fiber Laser Welder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Fiber Laser Welder
- DC Fiber Laser Welder
- By Application:
- Locomotive
- Aerospace
- Home Appliances
- Metal Processing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fiber Laser Welder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fiber laser welder is a type of welding machine that uses lasers to heat and melt metal. Fiber lasers are very powerful and can weld metals at much higher temperatures than other types of welding machines. This makes them ideal for use in difficult-to-reach areas, such as inside pipes or around corners.
Some of the major players in the fiber laser welder market are LaserStar Technologies, Jiatai Laser, Sahajanand Laser, HSG, Han’s Laser, Penta Laser, Trumpf, Sree Engineers, Dapeng Laser, Chao Mi Laser, Xintian Technology, Leapion.
The fiber laser welder market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fiber Laser Welder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fiber Laser Welder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiber Laser Welder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fiber Laser Welder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fiber Laser Welder Market Size & Forecast, 2020-2028
4.5.1 Fiber Laser Welder Market Size and Y-o-Y Growth
4.5.2 Fiber Laser Welder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 AC Fiber Laser Welder
5.2.2 DC Fiber Laser Welder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Locomotive
6.2.2 Aerospace
6.2.3 Home Appliances
6.2.4 Metal Processing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiber Laser Welder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fiber Laser Welder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 AC Fiber Laser Welder
9.6.2 DC Fiber Laser Welder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Locomotive
9.10.2 Aerospace
9.10.3 Home Appliances
9.10.4 Metal Processing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 AC Fiber Laser Welder
10.6.2 DC Fiber Laser Welder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Locomotive
10.10.2 Aerospace
10.10.3 Home Appliances
10.10.4 Metal Processing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 AC Fiber Laser Welder
11.6.2 DC Fiber Laser Welder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Locomotive
11.10.2 Aerospace
11.10.3 Home Appliances
11.10.4 Metal Processing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 AC Fiber Laser Welder
12.6.2 DC Fiber Laser Welder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Locomotive
12.10.2 Aerospace
12.10.3 Home Appliances
12.10.4 Metal Processing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 AC Fiber Laser Welder
13.6.2 DC Fiber Laser Welder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Locomotive
13.10.2 Aerospace
13.10.3 Home Appliances
13.10.4 Metal Processing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fiber Laser Welder Market: Competitive Dashboard
14.2 Global Fiber Laser Welder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LaserStar Technologies
14.3.2 Jiatai Laser
14.3.3 Sahajanand Laser
14.3.4 HSG
14.3.5 Han’s Laser
14.3.6 Penta Laser
14.3.7 Trumpf
14.3.8 Sree Engineers
14.3.9 Dapeng Laser
14.3.10 Chao Mi Laser
14.3.11 Xintian Technology
14.3.12 Leapion
