Market Overview:
The Global Multi-access Laser Micromachining Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for miniaturized and precision components in various end-use industries. In addition, the growing adoption of laser micromachining technology across different applications is also propelling the market growth. Based on type, CO2 laser micromachining held a major share of the global multi-access laser micromachining market in 2017 and is projected to maintain its dominance during the forecast period. This can be attributed to its high efficiency and low cost as compared to other types of lasers such as IR, green, UV, and others. However, IR laser micromachining is expected to grow at a higher CAGR during the forecast period owing to its advantages such as high power density and deep penetration depth that make it suitable for machining hard materials such as metals and alloys.
Product Definition:
Multi-access Laser Micromachining is a technology used to create very small features in a wide variety of materials. By using lasers to create these features, it is possible to produce parts with intricate details that would be difficult or impossible to create using other methods. Multi-access Laser Micromachining is important because it allows manufacturers to produce high quality parts in a cost effective manner.
CO2 Laser Micromachining:
CO2 laser micromachining is a process of creating extremely fine details with the help of CO2 laser. This technology has been used for many years in various applications such as engraving, marking and cutting, etc., but now it is being used extensively in the field of medical devices manufacturing.
IR Laser Micromachining:
The laser micromachining technology is used to create micro-molds of various shapes and sizes on different materials such as plastics, rubbers, and metals. The process involves the usage of infrared lasers for high temperature mixtures which are then used to melt the material under study. As the material cools down it forms a cavity in which there exists an object of precise shape and size. This technology has wide applications in medical devices manufacturing such as surgical tools handle covers case handles etc.
Application Insights:
The automotive segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growing need for micromachining technologies in various automotive components such as engine, transmission, body structure, electronics box and others is anticipated to drive the demand over the forecast period.
Electronic industry was another major application segment that accounted for a significant revenue share in 2017. Laser micromachining technology provides high accuracy and low cost which are ideal choices when compared with other conventional manufacturing techniques such as CNC machining or manual drilling & cutting processes. These advantages of laser micromachined parts make them suitable not only in electronic applications but also across a wide range of industries including medical equipment & devices manufacturing where small size precision parts are required at lower costs than traditional methods allow.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for micromachining techniques from countries such as Japan, China, South Korea, India, and Australia. These Asian countries are among the major manufacturing hubs of consumer electronics products such as smartphones and laptops. In addition to this trend of high production volume in these regions; they also produce a large number of components that require micromachining processing including printed circuit boards (PCBs) and semiconductor devices like microelectronics or nanoelectronics.
The European region accounted for more than 20% share in terms of revenue owing Micrsoft Corporation's Surface Book laptop computer manufactured with laser-machined parts produced by Evonik Industries AG., Germany which was exhibited at SID Display Week 2016 held in San Francisco U.
Growth Factors:
- Increasing demand for miniaturization in electronic devices
- Growing trend of 3D printing and additive manufacturing
- Rising demand for customized medical implants and prosthetics
- Proliferation of nanotechnology and MEMS fabrication
- Emergence of new materials such as graphene
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-access Laser Micromachining Market Research Report
By Type
CO2 Laser Micromachining, IR Laser Micromachining, Green Laser Micromachining, UV Laser Micromachining, Others
By Application
Automotive, Electronic Industry, Hospitals, R & D Centers, Others
By Companies
3D-Micromac AG, M-SOLV, Lasea, IPG Photonics Corporation, Electro Scientific Industries, 4JET microtech GmbH, ...
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 Multi-access Laser Micromachining Market Report Segments:
The global Multi-access Laser Micromachining market is segmented on the basis of:
Types
CO2 Laser Micromachining, IR Laser Micromachining, Green Laser Micromachining, UV Laser Micromachining, 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
Automotive, Electronic Industry, Hospitals, R & D Centers, 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:
- 3D-Micromac AG
- M-SOLV
- Lasea
- IPG Photonics Corporation
- Electro Scientific Industries
- 4JET microtech GmbH
- ...
Highlights of The Multi-access Laser Micromachining 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 Laser Micromachining
- IR Laser Micromachining
- Green Laser Micromachining
- UV Laser Micromachining
- Others
- By Application:
- Automotive
- Electronic Industry
- Hospitals
- R & D Centers
- 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 Multi-access Laser Micromachining 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?
Multi-access laser micromachining is a process that uses lasers to create small features or patterns on materials. This technology can be used to create components for electronics, medical devices, and other products.
Some of the major players in the multi-access laser micromachining market are 3D-Micromac AG, M-SOLV, Lasea, IPG Photonics Corporation, Electro Scientific Industries, 4JET microtech GmbH.
The multi-access laser micromachining market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-access Laser Micromachining 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. Multi-access Laser Micromachining Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-access Laser Micromachining Market - Supply Chain
4.5. Global Multi-access Laser Micromachining Market Forecast
4.5.1. Multi-access Laser Micromachining Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-access Laser Micromachining Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-access Laser Micromachining Market Absolute $ Opportunity
5. Global Multi-access Laser Micromachining 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. Multi-access Laser Micromachining Market Size and Volume Forecast by Type
5.3.1. CO2 Laser Micromachining
5.3.2. IR Laser Micromachining
5.3.3. Green Laser Micromachining
5.3.4. UV Laser Micromachining
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-access Laser Micromachining 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. Multi-access Laser Micromachining Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronic Industry
6.3.3. Hospitals
6.3.4. R & D Centers
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-access Laser Micromachining 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. Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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. Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Demand Share Forecast, 2019-2029
9. North America Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronic Industry
9.4.3. Hospitals
9.4.4. R & D Centers
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-access Laser Micromachining Market Size and Volume Forecast by Type
9.7.1. CO2 Laser Micromachining
9.7.2. IR Laser Micromachining
9.7.3. Green Laser Micromachining
9.7.4. UV Laser Micromachining
9.7.5. 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 Multi-access Laser Micromachining Demand Share Forecast, 2019-2029
10. Latin America Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronic Industry
10.4.3. Hospitals
10.4.4. R & D Centers
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-access Laser Micromachining Market Size and Volume Forecast by Type
10.7.1. CO2 Laser Micromachining
10.7.2. IR Laser Micromachining
10.7.3. Green Laser Micromachining
10.7.4. UV Laser Micromachining
10.7.5. 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 Multi-access Laser Micromachining Demand Share Forecast, 2019-2029
11. Europe Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronic Industry
11.4.3. Hospitals
11.4.4. R & D Centers
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-access Laser Micromachining Market Size and Volume Forecast by Type
11.7.1.CO2 Laser Micromachining
11.7.2. IR Laser Micromachining
11.7.3. Green Laser Micromachining
11.7.4. UV Laser Micromachining
11.7.5. Others
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 Multi-access Laser Micromachining Demand Share, 2019-2029
12. Asia Pacific Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronic Industry
12.4.3. Hospitals
12.4.4. R & D Centers
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-access Laser Micromachining Market Size and Volume Forecast by Type
12.7.1. CO2 Laser Micromachining
12.7.2. IR Laser Micromachining
12.7.3. Green Laser Micromachining
12.7.4. UV Laser Micromachining
12.7.5. 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 Multi-access Laser Micromachining Demand Share, 2019-2029
13. Middle East & Africa Multi-access Laser Micromachining 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 Multi-access Laser Micromachining 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 Multi-access Laser Micromachining Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronic Industry
13.4.3. Hospitals
13.4.4. R & D Centers
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-access Laser Micromachining Market Size and Volume Forecast by Type
13.7.1. CO2 Laser Micromachining
13.7.2. IR Laser Micromachining
13.7.3. Green Laser Micromachining
13.7.4. UV Laser Micromachining
13.7.5. 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 Multi-access Laser Micromachining Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Multi-access Laser Micromachining Market: Market Share Analysis
14.2. Multi-access Laser Micromachining Distributors and Customers
14.3. Multi-access Laser Micromachining Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3D-Micromac AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. M-SOLV
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lasea
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. IPG Photonics Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Electro Scientific 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. 4JET microtech GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
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
