The global laser welded blanks market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for laser welded blanks in various applications such as automotive and industrial application. The automotive industry is one of the major end-users of laser welded blanks, which are used in manufacturing car parts such as bumpers, grilles, and headlamps. In addition, the increasing demand for high-quality products has led manufacturers to adopt advanced technologies such as laser welding for their production process.
The linear welded blanks segment accounted for a significant share in the global market owing to its wide usage across various industries including automotive and industrial application. Linear welded blanks are also preferred by customers owing to their low cost and easy availability on account of their simple design with fewer components than other types of lasers welded blank types such as Nolinear Welded Blanks or Curvlinear Welded Blanks.
Some Of The Growth Factors Of This Market:
- LWB is a new technology that has been developed to produce high-quality, low-cost blanks for the automotive industry.
- LWB is a cost-effective alternative to traditional methods of blank production such as casting and forging.
- LWB can be used in the production of engine blocks, cylinder heads, and other components for vehicles with engines up to 12 liters in size.
- The use of laser welding technology reduces the need for secondary operations such as machining or grinding which can result in significant savings on labor costs.
- The use of laser welding also eliminates the need for expensive tooling which can result in significant savings on capital costs.
Industry Growth Insights published a new data on “Laser Welded Blanks (LWB) Market”. The research report is titled “Laser Welded Blanks (LWB) Market research by Types (Linear Welded Blanks, Non-linear Welded Blanks, Curve-linear Welded Blanks), By Applications (Automotive Application, Industrial Application), By Players/Companies ArcelorMittal, Baosteel, Tata Steel, Salzgitter Europlatinen, Worthington Industries, Voestalpine, Sasahara Kanagata Co.,Ltd.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Welded Blanks (LWB) Market Research Report
By Type
Linear Welded Blanks, Non-linear Welded Blanks, Curve-linear Welded Blanks
By Application
Automotive Application, Industrial Application
By Companies
ArcelorMittal, Baosteel, Tata Steel, Salzgitter Europlatinen, Worthington Industries, Voestalpine, Sasahara Kanagata Co.,Ltd.
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Laser Welded Blanks (LWB) Market Report Segments:
The global Laser Welded Blanks (LWB) market is segmented on the basis of:
Types
Linear Welded Blanks, Non-linear Welded Blanks, Curve-linear Welded Blanks
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
Automotive Application, Industrial Application
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:
- ArcelorMittal
- Baosteel
- Tata Steel
- Salzgitter Europlatinen
- Worthington Industries
- Voestalpine
- Sasahara Kanagata Co.,Ltd.
 Market Overview.svg)
Highlights of The Laser Welded Blanks (LWB) 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:
- Linear Welded Blanks
- Non-linear Welded Blanks
- Curve-linear Welded Blanks
- By Application:
- Automotive Application
- Industrial Application
- 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 Welded Blanks (LWB) 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
 Market Statistics.svg)
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 Welded Blanks (LWB) are a type of steel that has been laser welded together. This process creates a stronger and more durable steel than traditional welding methods.
Some of the major players in the laser welded blanks (lwb) market are ArcelorMittal, Baosteel, Tata Steel, Salzgitter Europlatinen, Worthington Industries, Voestalpine, Sasahara Kanagata Co.,Ltd..
The laser welded blanks (lwb) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Welded Blanks (LWB) Market - Supply Chain
4.5. Global Laser Welded Blanks (LWB) Market Forecast
4.5.1. Laser Welded Blanks (LWB) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Welded Blanks (LWB) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Welded Blanks (LWB) Market Absolute $ Opportunity
5. Global Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Type
5.3.1. Linear Welded Blanks
5.3.2. Non-linear Welded Blanks
5.3.3. Curve-linear Welded Blanks
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
6.3.1. Automotive Application
6.3.2. Industrial Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Demand Share Forecast, 2019-2026
9. North America Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
9.4.1. Automotive Application
9.4.2. Industrial Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Welded Blanks (LWB) Market Size and Volume Forecast by Type
9.7.1. Linear Welded Blanks
9.7.2. Non-linear Welded Blanks
9.7.3. Curve-linear Welded Blanks
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 Welded Blanks (LWB) Demand Share Forecast, 2019-2026
10. Latin America Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
10.4.1. Automotive Application
10.4.2. Industrial Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Welded Blanks (LWB) Market Size and Volume Forecast by Type
10.7.1. Linear Welded Blanks
10.7.2. Non-linear Welded Blanks
10.7.3. Curve-linear Welded Blanks
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 Welded Blanks (LWB) Demand Share Forecast, 2019-2026
11. Europe Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
11.4.1. Automotive Application
11.4.2. Industrial Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Welded Blanks (LWB) Market Size and Volume Forecast by Type
11.7.1. Linear Welded Blanks
11.7.2. Non-linear Welded Blanks
11.7.3. Curve-linear Welded Blanks
11.8. Basis Point hare (BPS) Analysis by Type
11.9. Y-o-Y 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 Welded Blanks (LWB) Demand Share, 2019-2026
12. Asia Pacific Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
12.4.1. Automotive Application
12.4.2. Industrial Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Welded Blanks (LWB) Market Size and Volume Forecast by Type
12.7.1. Linear Welded Blanks
12.7.2. Non-linear Welded Blanks
12.7.3. Curve-linear Welded Blanks
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 Welded Blanks (LWB) Demand Share, 2019-2026
13. Middle East & Africa Laser Welded Blanks (LWB) 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 Welded Blanks (LWB) 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 Welded Blanks (LWB) Market Size and Volume Forecast by Application
13.4.1. Automotive Application
13.4.2. Industrial Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Welded Blanks (LWB) Market Size and Volume Forecast by Type
13.7.1. Linear Welded Blanks
13.7.2. Non-linear Welded Blanks
13.7.3. Curve-linear Welded Blanks
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 Welded Blanks (LWB) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Welded Blanks (LWB) Market: Market Share Analysis
14.2. Laser Welded Blanks (LWB) Distributors and Customers
14.3. Laser Welded Blanks (LWB) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ArcelorMittal
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baosteel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tata Steel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Salzgitter Europlatinen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Worthington Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Voestalpine
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sasahara Kanagata Co.,Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
