Market Overview:
The global handheld laser welding machine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The handheld laser welding machine market is segmented on the basis of type, application and region. On the basis of type, the handheld laser welding machine market is segmented into Nd:YAG Laser and CO2 Laser. The Nd:YAG Laser segment is expected to grow at a higher CAGR as compared to CO2 Laser during the forecast period from 2018 to 2030. On the basis of application, the handheld laser welding machine market is divided into manufacturing, auto industry, electronics industry, biomedical science and others segments.
Product Definition:
A handheld laser welding machine is a device that uses a laser beam to weld materials. The importance of handheld laser welding machines is that they can produce high-quality welds without causing damage to the surrounding material.
Nd:YAG Laser:
Nd:YAG laser is a semiconductor laser that operates at infrared wavelengths. The Nd:YAG laser has applications in cutting, welding and material processing. It can be used for spot welding and solidification of metals or alloy materials.
CO2 Laser:
CO2 laser is short for Carbon Dioxide Laser. It is a gas-based semiconductor laser that produces light by the process of optical amplification. The wavelength of CO2 lasers typically ranges from 400 nm to and above 700 nm, with most commercially available products falling within the range of 355-405 nm.
Application Insights:
The manufacturing application segment dominated the global handheld laser welding machine market, accounting for over 40% of the overall revenue in 2017. The rising demand for metal cutting lasers to cut and shape various materials including glass, plastics, and metals is expected to drive growth over the forecast period.
Handheld lasers are used extensively across several applications in medical science such as biopsies, surgical procedures, microvascular surgeries and endoscopic procedures owing to their ability to deliver precise energy at a desired point of tissue ablation or incineration without causing any damage or thermal burns at a molecular level. This technology also finds wide applications across cosmetic surgery & dermatology owing to its ability to treat various skin conditions with minimal side effects.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-users such as automotive, manufacturing, aerospace & defense, construction and electronics industries. China led Asia Pacific regional market owing to presence of numerous OEMs that use these machines for production purposes. Moreover, increasing investments by governments in developing countries are also contributing towards growth of this industry which will further boost demand for laser handheld welding machines over the next eight years.
The North America regional market is anticipated to grow at a significant rate during the forecast period due to increasing number of companies involved in R&D activities across U.S., thus leading them into adopting new technologies such as laser technology for various applications including dentistry and metal cutting process etc.
Growth Factors:
- Increasing demand for handheld laser welding machines from the automotive and aerospace industries due to their high precision and accuracy.
- Rising demand for handheld laser welding machines from the medical device industry as they are used in a wide range of applications such as implants, prosthetics, and other surgical instruments.
- Growing popularity of handheld laser welding machines among small-scale manufacturers owing to their low cost of ownership and easy operability.
- Increasing research and development activities by leading players in the market to develop innovative products that can cater to the needs of different end-use industries.
- Technological advancements in handheld laser welding technology that offer better performance, higher efficiency, and reduced manufacturing costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld 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, Guangdong Bote Laser, Shenzhen Bote Precision Equipment, HGTECH, 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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Laser Welding Machine Market Report Segments:
The global Handheld 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
- Guangdong Bote Laser
- Shenzhen Bote Precision Equipment
- HGTECH
- IPG Photonics
Highlights of The Handheld 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 Handheld 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?
A handheld laser welder is a small, portable device that uses a laser to weld metal. It is similar in function to a gas welding machine, but it is smaller and more portable. Handheld lasers are useful for welding small pieces of metal together quickly and easily.
Some of the major companies in the handheld laser welding machine market are Chaomi Laser, Haiwei Laser, Guangdong Bote Laser, Shenzhen Bote Precision Equipment, HGTECH, IPG Photonics.
The handheld 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 Handheld 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 Handheld Laser Welding Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Handheld 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 Handheld 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 Handheld Laser Welding Machine Market Size & Forecast, 2018-2028
4.5.1 Handheld Laser Welding Machine Market Size and Y-o-Y Growth
4.5.2 Handheld Laser Welding Machine Market Absolute $ Opportunity
Chapter 5 Global Handheld 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 Handheld 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 Handheld 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 Handheld 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 Handheld 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 Handheld 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 Handheld Laser Welding Machine Analysis and Forecast
9.1 Introduction
9.2 North America Handheld 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 Handheld 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 Handheld 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 Handheld Laser Welding Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Handheld 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 Handheld 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 Handheld 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 Handheld Laser Welding Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Handheld 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 Handheld 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 Handheld 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 Handheld Laser Welding Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Handheld 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 Handheld 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 Handheld 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) Handheld Laser Welding Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Handheld 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) Handheld 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) Handheld 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 Handheld Laser Welding Machine Market: Competitive Dashboard
14.2 Global Handheld 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 Guangdong Bote Laser
14.3.4 Shenzhen Bote Precision Equipment
14.3.5 HGTECH
14.3.6 IPG Photonics
