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Laser welding machine Market 2019
Laser Welding Machine Market 2019 is latest research report by MarketResearchFuture,
the global Laser Welding Machine market is expected to Register High Growth Rate during
2019 To 2023. Report analyzes Laser Welding Machine Market Key Companies with Size,
Share, Trends analysis, and Key Country Forecast to 2023. Laser Welding Machine Market
Information is segmented by Technology (Fiber Laser Welding Machine, Co₂ Laser Welding
Machine and Solid-State Laser Welding Machine), By Application (Medical, Electronics,
Jewelry industry, Automotive, Tool and mold-making and Others) And Region - Forecast To
2023
Key Players:
The key players of global Laser welding machine market report includes Emerson Electric
Company (U.S.), IPG Photonics (U.S.), O.R. Lasertechnologie (Germany), TRUMPF
Group(Germany), Amada Miyachi Co., Ltd, (U.S.), FANUC Robotics (Japan), Golden Laser
(China), GSI Group, Inc. (U.S.), JENOPTIK AG. (Germany), LaserStar Technologies
Corporation (U.S.) among others.
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The Global Laser welding machine market size is projected to grow at a CAGR of 5%
during the forecast period.
Market Synopsis
The Laser welding machine market is expected to grow significantly during the forecast
period owing to the thermal stability provided by the laser welding machine which helps in
reducing the scrap from the materials that are being welded. The use of laser welding also
helps in removing the use of glue and chemical additives from the welding operations. The
increasing use of laser welding machines by various end-user applications such as medical,
jewelry industry, automotive and electronics among others is also driving the growth of the
market. The demand for welding machines will also increase with product innovations,
advances in manufacturing process and technological improvements.
Amongst all technologies which are being used for global laser welding machine market,
the fiber laser welding machine is expected to grow significantly during the forecast
period. The fiber lasers facilitate the effective delivery of light on the desired spot of the
metal which is being welded as it does not need expensive optical mirrors and other
moving parts such as a disk laser among others. In this technology, the fiber laser light is
amplified and channeled through a fiber optic cable.