Market Overview:
The global galvanometer laser welding machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laser welding machines from various end-use industries, such as manufacturing, automotive industry, electronics industry, biomedical science and others. In terms of type, the global galvanometer laser welding machine market is segmented into Nd:YAG Laser and CO2 Laser. The Nd:YAG Laser segment is projected to grow at a higher CAGR than the CO2 Laser segment during the forecast period from 2018 to 2030. This can be attributed to its high efficiency and low cost of ownership as compared with other types of lasers available in the market. In terms of application, the global galvanometer laser welding machine market is divided into five segments namely manufacturing, automotive industry, electronics industry biomedical science and others (including defense & aerospace).
Product Definition:
A galvanometer laser welding machine is a device that uses a beam of laser light to fuse two pieces of metal together. The importance of using a galvanometer laser welding machine instead of other welding methods is that it produces a strong, durable weld with little distortion. Additionally, the use of lasers allows for very precise welds to be made, which is important in applications where the integrity and strength of the weld are critical.
Nd:YAG Laser:
Nd:YAG laser is a semiconductor laser that produces infrared light. Nd:YAG lasers are used in applications such as cutting, welding and drilling of metals. Galvanometer Laser Welding Machine (GLW) uses the Nd:YAG laser for welding and cutting process which helps to measure the quantity of current being applied to the wire by measuring how long it takes for a pulse of light to travel between two points.
CO2 Laser:
CO2 laser is a narrow band light source, which produces light in the infrared region of the electromagnetic spectrum. The wavelength of this laser is typically 10-12 meters and it operates at a frequency of 785- 860 MHz. CO2 lasers produce intense heat by way of stimulated emission and they are used for welding purposes as they can weld metals with high thermal conductivity such as silver, aluminum, copper alloys and stainless steel.
Application Insights:
The manufacturing application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The global demand has been witnessing a rise due to increasing production of automobiles, electronics, and other industrial machinery.
The automotive industry is one of the major consumers of these machines as they help in reducing costs and time while assembling cars. The rising popularity of ¢â‚¬Ëœrace-car¢â‚¬â„¢s¢â‚¬ as hobby vehicles among millennials has increased their spending on such machines which is expected to drive demand further over the next eight years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand from end-use industries, such as manufacturing, automotive and biomedical. The presence of a large number of manufacturers in this region coupled with rising awareness regarding laser welding technology is anticipated to drive regional growth. In addition, growing foreign direct investments coupled with favorable government policies are projected to further propel market growth in Asia Pacific.
The Middle East & Africa (MEA) and Latin America regions are also likely to witness significant growth over the coming years due for their rapidly developing economies such as Saudi Arabia and Brazil respectively. MEA has witnessed an increase in automobile production which will lead towards an increase in demand for GLLW machines used for auto industry applications leading towards future market development opportunities across several industries including aerospace & defense, electronics & telecommunication sectors among others).
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Rising demand from the automotive industry
- Growing popularity of laser welding in medical and dental applications
- Technological advancements that have made laser welding more efficient and accurate
- The increasing use of galvanometer lasers in manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Galvanometer Laser Welding Machine Market Research Report
By Type
Nd:YAG Laser, CO2 Laser
By Application
Manufacturing, Auto Industry, Electronics Industry, Biomedical Science, Others
By Companies
Chaomi Laser, Haiwei Laser, Shenzhen Bote Precision Equipment, Hengchuan Laser, HGTECH, Optical Valley Laser, Chutian Photoelectric, IPG Photonics
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Galvanometer Laser Welding Machine Market Report Segments:
The global Galvanometer Laser Welding Machine market is segmented on the basis of:
Types
Nd:YAG Laser, CO2 Laser
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
Manufacturing, Auto Industry, Electronics Industry, Biomedical Science, 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:
- Chaomi Laser
- Haiwei Laser
- Shenzhen Bote Precision Equipment
- Hengchuan Laser
- HGTECH
- Optical Valley Laser
- Chutian Photoelectric
- IPG Photonics
Highlights of The Galvanometer Laser Welding Machine 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:
- Nd:YAG Laser
- CO2 Laser
- By Application:
- Manufacturing
- Auto Industry
- Electronics Industry
- Biomedical Science
- 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 Galvanometer Laser Welding Machine 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?
Galvanometer laser welding machine is a kind of automatic welding equipment which uses galvanometer to control the arc length and weld speed. It has high precision, fast speed and stable performance.
Some of the key players operating in the galvanometer laser welding machine market are Chaomi Laser, Haiwei Laser, Shenzhen Bote Precision Equipment, Hengchuan Laser, HGTECH, Optical Valley Laser, Chutian Photoelectric, IPG Photonics.
The galvanometer laser welding machine market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size & Forecast, 2018-2028
4.5.1 Galvanometer Laser Welding Machine Market Size and Y-o-Y Growth
4.5.2 Galvanometer Laser Welding Machine Market Absolute $ Opportunity
Chapter 5 Global Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Type
5.2.1 Nd:YAG Laser
5.2.2 CO2 Laser
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Auto Industry
6.2.3 Electronics Industry
6.2.4 Biomedical Science
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Analysis and Forecast
9.1 Introduction
9.2 North America Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Type
9.6.1 Nd:YAG Laser
9.6.2 CO2 Laser
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 Galvanometer Laser Welding Machine Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Auto Industry
9.10.3 Electronics Industry
9.10.4 Biomedical Science
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 Galvanometer Laser Welding Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Type
10.6.1 Nd:YAG Laser
10.6.2 CO2 Laser
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 Galvanometer Laser Welding Machine Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Auto Industry
10.10.3 Electronics Industry
10.10.4 Biomedical Science
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 Galvanometer Laser Welding Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Type
11.6.1 Nd:YAG Laser
11.6.2 CO2 Laser
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 Galvanometer Laser Welding Machine Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Auto Industry
11.10.3 Electronics Industry
11.10.4 Biomedical Science
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 Galvanometer Laser Welding Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Galvanometer Laser Welding Machine 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 Galvanometer Laser Welding Machine Market Size Forecast by Type
12.6.1 Nd:YAG Laser
12.6.2 CO2 Laser
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 Galvanometer Laser Welding Machine Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Auto Industry
12.10.3 Electronics Industry
12.10.4 Biomedical Science
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) Galvanometer Laser Welding Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Galvanometer Laser Welding Machine 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) Galvanometer Laser Welding Machine Market Size Forecast by Type
13.6.1 Nd:YAG Laser
13.6.2 CO2 Laser
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) Galvanometer Laser Welding Machine Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Auto Industry
13.10.3 Electronics Industry
13.10.4 Biomedical Science
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 Galvanometer Laser Welding Machine Market: Competitive Dashboard
14.2 Global Galvanometer Laser Welding Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chaomi Laser
14.3.2 Haiwei Laser
14.3.3 Shenzhen Bote Precision Equipment
14.3.4 Hengchuan Laser
14.3.5 HGTECH
14.3.6 Optical Valley Laser
14.3.7 Chutian Photoelectric
14.3.8 IPG Photonics
