Market Overview:
The global laser plastic welding 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 laser plastic welding from various end-use industries, such as electrical & electronics, healthcare, automotive, consumer goods and others. In addition, the growing demand for lightweight and durable products is also fueling the growth of this market.
Product Definition:
Laser plastic welding is a process of fusing two pieces of thermoplastic material together using a laser. The importance of laser plastic welding is that it creates a strong, leak-proof bond between the two pieces of material without the need for any adhesive. This makes it an ideal process for bonding dissimilar materials or creating repairs in hard-to-reach places.
Standalone System:
A standalone system is a device that performs laser welding and cutting operations without the need for any other equipment or devices to monitor or control the process. It has major applications in joining thin metal sheets, aluminum baseplate, steel beams and pipes. Standalone systems are widely used in automotive industry for repair & maintenance work as it helps save time by performing complicated tasks with ease.
Integrated System:
Integrated system is a combination of laser, power supply and control unit. It helps to weld different types of materials like metals, ceramics and plastics with high speed and efficiency. Laser plastic welding technology provides clean & precise welds with minimum heat input which reduces the chances of filler material penetration resulting in improved mechanical strength.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. Laser plastic welders are used on a large scale to automate processes such as body & chassis assembly, paint preparation, final assembly and paint shops. The rising demand for lightweight vehicles with high performance capabilities is expected to boost laser plastic welding applications in the automotive industry over the coming years.
The healthcare segment was one of the prominent segments that contributed significantly towards revenue generation in 2017 due to increasing demand for biodegradable polymers and bio-based materials from various industries including medical devices & equipment manufacturing. In addition, growing investments by governments across various countries towards R&D initiatives related to healthcare equipment is likely to propel industry expansion over the forecast period.
Regional Analysis:
Asia Pacific dominated the global laser plastic welding market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a large share of automotive production, which necessitates high-quality components as well as rapid prototyping. This has led to an increase in demand for laser equipment and skilled operators, thereby boosting regional growth.
The healthcare industry is also expected to witness considerable growth owing to increasing medical tourism in countries such as India, China, Malaysia, Thailand among others due to affordable treatment options along with advanced technologies being offered by hospitals/clinics There are around 1 million foreign tourists who undergo cosmetic surgeries every year in India out of which 0.5% come from North America and Europe regions respectively accounting for majority of tourist arrivals at that time; hence driving up demand for various surgical procedures including Botox injections etc.
Growth Factors:
- Increasing demand for laser plastic welding in automotive and aerospace industries due to its advantages such as high speed, precision and low heat input.
- Rising demand for lightweight and fuel-efficient vehicles which can be achieved by using laser plastic welding technology.
- Growing popularity of laser plastic welding among small and medium enterprises due to its low cost and easy operability.
- Increasing research & development activities by leading players to develop new applications of laser plastic welding technology in different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Plastic Welding Market Research Report
By Type
Standalone System, Integrated System
By Application
Electrical & Electronics, Healthcare, Automotive, Consumer Goods, Others
By Companies
TRUMPF, Han's Laser Technology Industry Group, LPKF Laser & Electronics, Jenoptik, Emerson Electric, Nippon Avionics, Rofin Sinar Technologies, Leister Technologies, Amada Miyachi, DILAS Diodelaser, TRUMPF, Control Micro Systems, Bielomatik Leuze
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Laser Plastic Welding Market Report Segments:
The global Laser Plastic Welding market is segmented on the basis of:
Types
Standalone System, Integrated System
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
Electrical & Electronics, Healthcare, Automotive, Consumer Goods, 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:
- TRUMPF
- Han's Laser Technology Industry Group
- LPKF Laser & Electronics
- Jenoptik
- Emerson Electric
- Nippon Avionics
- Rofin Sinar Technologies
- Leister Technologies
- Amada Miyachi
- DILAS Diodelaser
- TRUMPF
- Control Micro Systems
- Bielomatik Leuze
Highlights of The Laser Plastic Welding 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:
- Standalone System
- Integrated System
- By Application:
- Electrical & Electronics
- Healthcare
- Automotive
- Consumer Goods
- 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 Laser Plastic Welding 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 plastic welding is a process that uses lasers to join two pieces of plastic together. The laser melts the plastic and then flows it around the object it is joining, creating a strong bond between the two pieces.
Some of the major players in the laser plastic welding market are TRUMPF, Han's Laser Technology Industry Group, LPKF Laser & Electronics, Jenoptik, Emerson Electric, Nippon Avionics, Rofin Sinar Technologies, Leister Technologies, Amada Miyachi, DILAS Diodelaser, TRUMPF, Control Micro Systems, Bielomatik Leuze.
The laser plastic welding market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Plastic Welding 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 Plastic Welding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Plastic Welding 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 Plastic Welding 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 Plastic Welding Market Size & Forecast, 2020-2028
4.5.1 Laser Plastic Welding Market Size and Y-o-Y Growth
4.5.2 Laser Plastic Welding 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 Standalone System
5.2.2 Integrated System
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 Electrical & Electronics
6.2.2 Healthcare
6.2.3 Automotive
6.2.4 Consumer Goods
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Plastic Welding 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 Plastic Welding 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 Standalone System
9.6.2 Integrated System
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 Electrical & Electronics
9.10.2 Healthcare
9.10.3 Automotive
9.10.4 Consumer Goods
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 Standalone System
10.6.2 Integrated System
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 Electrical & Electronics
10.10.2 Healthcare
10.10.3 Automotive
10.10.4 Consumer Goods
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 Standalone System
11.6.2 Integrated System
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 Electrical & Electronics
11.10.2 Healthcare
11.10.3 Automotive
11.10.4 Consumer Goods
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 Standalone System
12.6.2 Integrated System
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 Electrical & Electronics
12.10.2 Healthcare
12.10.3 Automotive
12.10.4 Consumer Goods
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 Standalone System
13.6.2 Integrated System
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 Electrical & Electronics
13.10.2 Healthcare
13.10.3 Automotive
13.10.4 Consumer Goods
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 Laser Plastic Welding Market: Competitive Dashboard
14.2 Global Laser Plastic Welding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TRUMPF
14.3.2 Han's Laser Technology Industry Group
14.3.3 LPKF Laser & Electronics
14.3.4 Jenoptik
14.3.5 Emerson Electric
14.3.6 Nippon Avionics
14.3.7 Rofin Sinar Technologies
14.3.8 Leister Technologies
14.3.9 Amada Miyachi
14.3.10 DILAS Diodelaser
14.3.11 TRUMPF
14.3.12 Control Micro Systems
14.3.13 Bielomatik Leuze
