Market Overview:
The global laser brazing 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 brazing in various applications, such as automobile industry, aerospace, robot manufacturing and others. Laser brazing offers several advantages over traditional welding methods, such as low heat input and high thermal efficiency that helps in reducing distortion and residual stresses on components. These factors are expected to drive the growth of the global laser brazing market during the forecast period.
Product Definition:
Laser brazing is a welding process that uses a laser beam to heat the materials to be joined. The laser beam melts the filler material, which is then drawn into the joint by capillary action. Laser brazing offers many advantages over other welding processes, including high quality welds, low distortion of parts, and reduced manufacturing time.
Fillet Welding:
Fillet welding is a joining process where two or more pieces of metal are welded together by using an arc. It's done with the help of a special welder, which has high-frequency electrical current that produces a large number of heat waves in one go. These heat waves travel along the base metal and form around the filler material, which is then drawn into the weld pool.
Lap Welding:
Lap welding is a process of joining two or more metals by heating them and placing them in contact. It is also known as slag welding due to the molten metal that issues forth from the electrode during the process. The technique can be used for brazing, braze welding, spot welder, and many other processes depending on type of electrodes used along with different filler materials applied.
Application Insights:
The other application segment includes medical equipment, machine tools, and foundry. The demand for laser brazing in this application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to the high-temperature resistance of these products which are used in industrial applications including furnaces and kilns.
Automotive industry was the largest revenue generating sector for the market with a share of over 30% in 2017. Brazed joints are strong, accurate, smooth & clean with low scrap rate as compared to rivet joints on account of better accuracy at lower feed rates coupled with ease of assembly due to reduced part count as compared rivets.
Regional Analysis:
Asia Pacific is projected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for robots and automated manufacturing processes in this region. The growing industrialization, coupled with rising foreign investments in the manufacturing sector, is expected to drive brazing demand over the forecast period.
The growth can also be attributed to increasing use of laser brazing in applications such as aerospace and automotive where high strength steel plate are used extensively for producing joints between parts such as landing gear, fuel system components, etc. In addition, rising production levels of consumer electronics products due primarily on lower costs associated with these products compared with that produced by conventional methods will further propel regional market growth during the forecast period.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive sector in developing countries
- Rising demand for laser brazing in medical devices and equipment
- Technological advancements in laser brazing processes
- Growing popularity of laser brazed products among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Brazing Market Research Report
By Type
Fillet Welding, Lap Welding
By Application
Automobile Industry, Aerospace, Robot Manufacturing, Other
By Companies
Coherent Inc., IPG Photonics, Visotek, ENSHU Limited, Ionix Oy, Titanova，Inc., Laserline
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Laser Brazing Market Report Segments:
The global Laser Brazing market is segmented on the basis of:
Types
Fillet Welding, Lap Welding
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
Automobile Industry, Aerospace, Robot Manufacturing, Other
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:
- Coherent Inc.
- IPG Photonics
- Visotek
- ENSHU Limited
- Ionix Oy
- Titanova，Inc.
- Laserline
Highlights of The Laser Brazing 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:
- Fillet Welding
- Lap Welding
- By Application:
- Automobile Industry
- Aerospace
- Robot Manufacturing
- Other
- 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 Laser Brazing 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?
Laser brazing is a process that uses a laser to join two pieces of metal together. The laser melts the metal and then fuses it together. This process is much faster and more accurate than traditional brazing techniques, which can take hours or even days to complete.
Some of the key players operating in the laser brazing market are Coherent Inc., IPG Photonics, Visotek, ENSHU Limited, Ionix Oy, Titanova，Inc., Laserline.
The laser brazing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Brazing 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 Laser Brazing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Brazing 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 Laser Brazing 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 Laser Brazing Market Size & Forecast, 2018-2028
4.5.1 Laser Brazing Market Size and Y-o-Y Growth
4.5.2 Laser Brazing Market Absolute $ Opportunity
Chapter 5 Global Laser Brazing 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 Laser Brazing Market Size Forecast by Type
5.2.1 Fillet Welding
5.2.2 Lap Welding
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laser Brazing 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 Laser Brazing Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Aerospace
6.2.3 Robot Manufacturing
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Brazing 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 Laser Brazing 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 Laser Brazing Analysis and Forecast
9.1 Introduction
9.2 North America Laser Brazing 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 Laser Brazing Market Size Forecast by Type
9.6.1 Fillet Welding
9.6.2 Lap Welding
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 Laser Brazing Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Aerospace
9.10.3 Robot Manufacturing
9.10.4 Other
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 Laser Brazing Analysis and Forecast
10.1 Introduction
10.2 Europe Laser Brazing 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 Laser Brazing Market Size Forecast by Type
10.6.1 Fillet Welding
10.6.2 Lap Welding
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 Laser Brazing Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Aerospace
10.10.3 Robot Manufacturing
10.10.4 Other
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 Laser Brazing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laser Brazing 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 Laser Brazing Market Size Forecast by Type
11.6.1 Fillet Welding
11.6.2 Lap Welding
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 Laser Brazing Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Aerospace
11.10.3 Robot Manufacturing
11.10.4 Other
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 Laser Brazing Analysis and Forecast
12.1 Introduction
12.2 Latin America Laser Brazing 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 Laser Brazing Market Size Forecast by Type
12.6.1 Fillet Welding
12.6.2 Lap Welding
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 Laser Brazing Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Aerospace
12.10.3 Robot Manufacturing
12.10.4 Other
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) Laser Brazing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laser Brazing 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) Laser Brazing Market Size Forecast by Type
13.6.1 Fillet Welding
13.6.2 Lap Welding
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) Laser Brazing Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Aerospace
13.10.3 Robot Manufacturing
13.10.4 Other
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 Laser Brazing Market: Competitive Dashboard
14.2 Global Laser Brazing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coherent Inc.
14.3.2 IPG Photonics
14.3.3 Visotek
14.3.4 ENSHU Limited
14.3.5 Ionix Oy
14.3.6 Titanova，Inc.
14.3.7 Laserline
