Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Laser Welding Machines Market by Type (YAG Laser Welding Machine, CO2 Laser Welding Machine), By Application (Medical, Electronics, Jewelry industry, Tool and mold-making, Automobile, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Laser Welding Machines Market by Type (YAG Laser Welding Machine, CO2 Laser Welding Machine), By Application (Medical, Electronics, Jewelry industry, Tool and mold-making, Automobile, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158415 3300 Machinery & Equipment 377 236 Pages 4.6 (48)

Market Overview:

The global laser welding machines 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 welding machines from various end-use industries, such as medical, electronics, jewelry industry, tool and mold-making, automobile and others. In addition, technological advancements in laser welding machines are also contributing to the growth of this market. Based on type, the global laser welding machines market is segmented into YAG Laser Welding Machine and CO2 Laser Welding Machine. The YAG Laser Welding Machine segment is expected to account for a larger share of the global market than CO2 Laser Welding Machine during the forecast period owing to its high efficiency and low cost as compared with other types of lasers available in the market. Based on application, medical sector accounted for majority share of total revenue generated by laser welding machine globally in 2017 followed by electronics sector . However , automotive sector is projectedto witness highest CAGR overthe forecast period due t o increasing demand form lightweight vehicles with enhanced fuel efficiency .

Global Laser Welding Machines Industry Outlook

Product Definition:

A Laser Welding Machine is a device that uses lasers to weld materials. The importance of laser welding machines is that they can produce high-quality welds with little or no distortion.

YAG Laser Welding Machine:

YAG laser welding machine is a solid-state laser used to weld and cut metals. It produces ultraviolet light in the infrared portion of the electromagnetic spectrum. The YAG laser operates at a frequency between 10 kHz to 100 MHz, has low coherence length (smaller than human hair), and covers only one or two wavelengths at a time.

CO2 Laser Welding Machine:

CO2 laser welding machine is a new technology that uses carbon dioxide gas as a laser beam carrier medium. It produces infrared rays which are absorbed by the base material and then it heat up to produce weld. The major advantage of this system is that there is no need for an electric arc or conventional electrodes, carbon dioxide can provide enough heat for welding without any other source of energy.

Application Insights:

The electronics segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for electronic devices across the globe, especially in emerging economies such as China, India and Brazil. In addition, technological advancements and increasing use of high-tech products are expected to drive demand over the coming years.

The medical application segment is also anticipated to witness significant growth during the study period owing to rapid industrialization coupled with improving healthcare infrastructure in developing countries including China, India and Brazil.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing rapid growth in automotive production and sales, construction activities, electronic manufacturing and other industries requiring high-quality welds. This is likely to drive the demand for laser machines in this region.

The Asia Pacific was followed by Europe which accounted for over 25% of the overall revenue share in 2017 owing to rising product adoption across various application industries including electronics, medical devices & instrumentsation as well as others such as aerospace manufacturing and tooling industry. The presence of major automobile manufacturers coupled with their extensive R&D activities are projected to augment product demand further over the forecast period.

North America accounted for more than 20% share of global revenue due its early adoption coupled with increasing investments by key players on developing advanced products meeting growing customer demands across various applications such as aerospace components fabrication, heavy machinery component welding etc.

Growth Factors:

  • Increasing demand for laser welding machines from the automotive and aerospace industries due to their high accuracy and precision requirements.
  • Rising demand for laser welding machines from the medical device industry as they are used in a wide range of applications such as implants, prosthetics, and tissue engineering.
  • Growing popularity of laser welding machines among small-scale businesses due to their low cost of ownership and easy operability.
  • Increasing research and development investments by leading players to develop innovative products that can address the needs of different industries segments.

Scope Of The Report

Report Attributes

Report Details

Report Title

Laser Welding Machines Market Research Report

By Type

YAG Laser Welding Machine, CO2 Laser Welding Machine

By Application

Medical, Electronics, Jewelry industry, Tool and mold-making, Automobile, Others

By Companies

Trumpf, Rofin, Fanuc Robotics, IPG Photonics, Lasag, OR Laser, GSI Group, SPI, Laserline, AMADA GROUP, Photon AG, Jenoptik AG, Precitec

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Laser Welding Machines Market Report Segments:

The global Laser Welding Machines market is segmented on the basis of:


YAG Laser Welding Machine, CO2 Laser Welding Machine

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.


Medical, Electronics, Jewelry industry, Tool and mold-making, Automobile, 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:

  1. Trumpf
  2. Rofin
  3. Fanuc Robotics
  4. IPG Photonics
  5. Lasag
  6. OR Laser
  7. GSI Group
  8. SPI
  9. Laserline
  11. Photon AG
  12. Jenoptik AG
  13. Precitec

Global Laser Welding Machines Market Overview

Highlights of The Laser Welding Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. YAG Laser Welding Machine
    2. CO2 Laser Welding Machine
  1. By Application:

    1. Medical
    2. Electronics
    3. Jewelry industry
    4. Tool and mold-making
    5. Automobile
    6. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Laser Welding Machines 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

Global Laser Welding Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Laser welding machines are used to weld metals by using a laser beam. The laser melts the metal and then the machine uses a robotic arm to position the two pieces of metal so that they are welded together.

Some of the major companies in the laser welding machines market are Trumpf, Rofin, Fanuc Robotics, IPG Photonics, Lasag, OR Laser, GSI Group, SPI, Laserline, AMADA GROUP, Photon AG, Jenoptik AG, Precitec.

The laser welding machines market is expected to register a CAGR of 6.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Laser Welding Machines 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 Welding Machines Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Laser Welding Machines Market - Supply Chain
   4.5. Global Laser Welding Machines Market Forecast
      4.5.1. Laser Welding Machines Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Laser Welding Machines Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Laser Welding Machines Market Absolute $ Opportunity

5. Global Laser Welding Machines 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 Welding Machines Market Size and Volume Forecast by Type
      5.3.1. YAG Laser Welding Machine
      5.3.2. CO2 Laser Welding Machine
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Laser Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      6.3.1. Medical
      6.3.2. Electronics
      6.3.3. Jewelry industry
      6.3.4. Tool and mold-making
      6.3.5. Automobile
      6.3.6. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Laser Welding Machines 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 Welding Machines 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 Welding Machines 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 Welding Machines 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 Welding Machines Demand Share Forecast, 2019-2026

9. North America Laser Welding Machines 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 Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      9.4.1. Medical
      9.4.2. Electronics
      9.4.3. Jewelry industry
      9.4.4. Tool and mold-making
      9.4.5. Automobile
      9.4.6. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Laser Welding Machines Market Size and Volume Forecast by Type
      9.7.1. YAG Laser Welding Machine
      9.7.2. CO2 Laser Welding Machine
   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 Welding Machines Demand Share Forecast, 2019-2026

10. Latin America Laser Welding Machines 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 Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      10.4.1. Medical
      10.4.2. Electronics
      10.4.3. Jewelry industry
      10.4.4. Tool and mold-making
      10.4.5. Automobile
      10.4.6. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Laser Welding Machines Market Size and Volume Forecast by Type
      10.7.1. YAG Laser Welding Machine
      10.7.2. CO2 Laser Welding Machine
   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 Welding Machines Demand Share Forecast, 2019-2026

11. Europe Laser Welding Machines 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 Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      11.4.1. Medical
      11.4.2. Electronics
      11.4.3. Jewelry industry
      11.4.4. Tool and mold-making
      11.4.5. Automobile
      11.4.6. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Laser Welding Machines Market Size and Volume Forecast by Type
      11.7.1. YAG Laser Welding Machine
      117.2. CO2 Laser Welding Machine
   11.8. Basis Point Share (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 Welding Machines Demand Share, 2019-2026

12. Asia Pacific Laser Welding Machines 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 Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      12.4.1. Medical
      12.4.2. Electronics
      12.4.3. Jewelry industry
      12.4.4. Tool and mold-making
      12.4.5. Automobile
      12.4.6. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Laser Welding Machines Market Size and Volume Forecast by Type
      12.7.1. YAG Laser Welding Machine
      12.7.2. CO2 Laser Welding Machine
   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 Welding Machines Demand Share, 2019-2026

13. Middle East & Africa Laser Welding Machines 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 Welding Machines 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 Welding Machines Market Size and Volume Forecast by Application
      13.4.1. Medical
      13.4.2. Electronics
      13.4.3. Jewelry industry
      13.4.4. Tool and mold-making
      13.4.5. Automobile
      13.4.6. 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 Welding Machines Market Size and Volume Forecast by Type
      13.7.1. YAG Laser Welding Machine
      13.7.2. CO2 Laser Welding Machine
   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 Welding Machines Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Laser Welding Machines Market: Market Share Analysis
   14.2. Laser Welding Machines Distributors and Customers
   14.3. Laser Welding Machines Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Trumpf Overview Financials Developments Strategic Outlook
      14.4.2. Rofin Overview Financials Developments Strategic Outlook
      14.4.3. Fanuc Robotics Overview Financials Developments Strategic Outlook
      14.4.4. IPG Photonics Overview Financials Developments Strategic Outlook
      14.4.5. Lasag Overview Financials Developments Strategic Outlook
      14.4.6. OR Laser Overview Financials Developments Strategic Outlook
      14.4.7. GSI Group Overview Financials Developments Strategic Outlook
      14.4.8. SPI Overview Financials Developments Strategic Outlook
      14.4.9. Laserline Overview Financials Developments Strategic Outlook
      14.4.10. AMADA GROUP Overview Financials Developments Strategic Outlook
      14.4.11. Photon AG Overview Financials Developments Strategic Outlook
      14.4.12. Jenoptik AG Overview Financials Developments Strategic Outlook
      14.4.13. Precitec Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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