Market Overview:
The global laser micro perforation market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laser micro perforation in various applications such as packing, automotive, electronics and semiconductors, and others. In addition, the growing demand for laser micro perforation from emerging economies is also contributing to the growth of this market. However, factors such as high initial investment and lack of skilled professionals are restraining the growth of this market.
Product Definition:
Laser micro perforation is the process of creating very small holes in a material using a laser. This process can be used to create perforations in a variety of materials, including paper, plastic, and metal. The purpose of laser micro perforation is to create openings in a material that can be used for various purposes, such as ventilation or drainage.
CO2 Lasers:
CO2 lasers are the most commonly used type of laser for micro perforation. They can be used in a wide range of applications such as micro drilling, welding and cutting, dentistry, etc. CO2 is an important greenhouse gas that contributes to global warming.
Nd:YAG Lasers:
Nd:YAG lasers are used for micro-perforation of films on glass and plastic substrates. These lasers produce highly focused beams that can pierce through several layers of materials. Nd:YAG laser is one such example, which has applications in micro-perforation of plastics films to enable the penetration of drugs or drug carriers into the skin.
Application Insights:
The packaging segment dominated the global market in terms of revenue and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for microperforated products, such as industrial labels, barcodes and product codes, which help in tracking and identifying products across various industries. Moreover, rising demand for flexible packaging solutions owing to growing consumerism in emerging economies is expected to drive the segment further.
The automotive sector accounted for over 15% share of the overall industry revenue in 2017 on account of high product adoption across several applications including body panel lining identification code labeling; electronic component labelling; engine labelling; chassis/body structure identification code labeling; VIN number coding system implementation among others.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from end-use industries such as medical, electronics, automotive, and others. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive industry expansion over the coming years.
The Middle East & Africa (MEA) region is projected to witness significant growth during the same period owing to rapid industrialization along with presence of major industry participants in countries such as UAE and Saudi Arabia. Moreover, high youth population along with growing disposable income levels will boost product adoption across various applications in MEA during the forecast period.
North America regional market also held a considerable revenue share in 2017 due to early technology adoption by key players operating within this region which resulted into higher sales volume of laser micro perforators used for packaging applications compared other regions globally.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Laser micro perforation is a key technology used in minimally invasive surgeries and is thus expected to benefit from this growth trend.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, cardiovascular disease, and diabetes is on the rise globally due to changing lifestyles and aging populations. These conditions are often treated with laser-based therapies which require laser micro perforation for delivery of the therapy dose into the target tissue. Thus, the increasing prevalence of chronic diseases will drive demand for laser micro perforation systems in medical applications worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Micro Perforation Market Research Report
By Type
CO2 Lasers, Nd:YAG Lasers, Others
By Application
Packing, Automotive, Electronics and Semiconductors, Others
By Companies
Coherent-Rofin, El.En Group, Sei Spa, Preco Inc, Comexi Group, LasX Industries, Micro Laser Technology (MLT), Stewarts of America, Maklaus, LaserPin, Universal Converting Equipment, Han’s Laser Technology, HGLaser, Guangzhou Laisai Laser Equipment
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Laser Micro Perforation Market Report Segments:
The global Laser Micro Perforation market is segmented on the basis of:
Types
CO2 Lasers, Nd:YAG Lasers, Others
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
Packing, Automotive, Electronics and Semiconductors, 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:
- Coherent-Rofin
- El.En Group
- Sei Spa
- Preco Inc
- Comexi Group
- LasX Industries
- Micro Laser Technology (MLT)
- Stewarts of America
- Maklaus
- LaserPin
- Universal Converting Equipment
- Han’s Laser Technology
- HGLaser
- Guangzhou Laisai Laser Equipment
Highlights of The Laser Micro Perforation 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:
- CO2 Lasers
- Nd:YAG Lasers
- Others
- By Application:
- Packing
- Automotive
- Electronics and Semiconductors
- 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 Micro Perforation 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 micro perforation is a technology that uses lasers to create small holes in materials. These holes can be used for a variety of purposes, such as ventilation, air conditioning, and water drainage.
Some of the major companies in the laser micro perforation market are Coherent-Rofin, El.En Group, Sei Spa, Preco Inc, Comexi Group, LasX Industries, Micro Laser Technology (MLT), Stewarts of America, Maklaus, LaserPin, Universal Converting Equipment, Han¢â‚¬â„¢s Laser Technology, HGLaser, Guangzhou Laisai Laser Equipment.
The laser micro perforation market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Micro Perforation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laser Micro Perforation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Micro Perforation Market - Supply Chain
4.5. Global Laser Micro Perforation Market Forecast
4.5.1. Laser Micro Perforation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Micro Perforation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Micro Perforation Market Absolute $ Opportunity
5. Global Laser Micro Perforation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laser Micro Perforation Market Size and Volume Forecast by Type
5.3.1. CO2 Lasers
5.3.2. Nd:YAG Lasers
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Micro Perforation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laser Micro Perforation Market Size and Volume Forecast by Application
6.3.1. Packing
6.3.2. Automotive
6.3.3. Electronics and Semiconductors
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Micro Perforation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laser Micro Perforation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laser Micro Perforation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laser Micro Perforation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laser Micro Perforation Demand Share Forecast, 2019-2026
9. North America Laser Micro Perforation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laser Micro Perforation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laser Micro Perforation Market Size and Volume Forecast by Application
9.4.1. Packing
9.4.2. Automotive
9.4.3. Electronics and Semiconductors
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Micro Perforation Market Size and Volume Forecast by Type
9.7.1. CO2 Lasers
9.7.2. Nd:YAG Lasers
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laser Micro Perforation Demand Share Forecast, 2019-2026
10. Latin America Laser Micro Perforation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laser Micro Perforation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laser Micro Perforation Market Size and Volume Forecast by Application
10.4.1. Packing
10.4.2. Automotive
10.4.3. Electronics and Semiconductors
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Micro Perforation Market Size and Volume Forecast by Type
10.7.1. CO2 Lasers
10.7.2. Nd:YAG Lasers
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laser Micro Perforation Demand Share Forecast, 2019-2026
11. Europe Laser Micro Perforation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laser Micro Perforation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laser Micro Perforation Market Size and Volume Forecast by Application
11.4.1. Packing
11.4.2. Automotive
11.4.3. Electronics and Semiconductors
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Micro Perforation Market Size and Volume Forecast by Type
11.7.1. CO2 Lasers
11.7.2. Nd:YAG Lasers
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-oY Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laser Micro Perforation Demand Share, 2019-2026
12. Asia Pacific Laser Micro Perforation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laser Micro Perforation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laser Micro Perforation Market Size and Volume Forecast by Application
12.4.1. Packing
12.4.2. Automotive
12.4.3. Electronics and Semiconductors
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Micro Perforation Market Size and Volume Forecast by Type
12.7.1. CO2 Lasers
12.7.2. Nd:YAG Lasers
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laser Micro Perforation Demand Share, 2019-2026
13. Middle East & Africa Laser Micro Perforation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laser Micro Perforation Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laser Micro Perforation Market Size and Volume Forecast by Application
13.4.1. Packing
13.4.2. Automotive
13.4.3. Electronics and Semiconductors
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Micro Perforation Market Size and Volume Forecast by Type
13.7.1. CO2 Lasers
13.7.2. Nd:YAG Lasers
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laser Micro Perforation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Micro Perforation Market: Market Share Analysis
14.2. Laser Micro Perforation Distributors and Customers
14.3. Laser Micro Perforation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Coherent-Rofin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. El.En Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sei Spa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Preco Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Comexi Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LasX Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Micro Laser Technology (MLT)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stewarts of America
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maklaus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LaserPin
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Universal Converting Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hans Laser Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HGLaser
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guangzhou Laisai Laser Equipment
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
