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Laser Welding Machine Market Share

Report ID: GMI6065
Published Date: Jul 2024
Report Format: PDF

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Laser Welding Machine Market Share

Laser Welding Machine Market Company Market Share Analysis, 2023

Key players involve in the laser welding machine industry are Trumpf, Coherent inc, IPG Photonics, Keyence corp, Jen optic Ag and Amada accounting market share of 28% in 2023. Manufacturers are continually investing in R&D to build advanced welding technology integrated with automated commands with the help of Artificial intelligence.

Laser Welding Machine Market Companies

Major companies operating in the laser welding machine industry include:

CHIRON Group SE
Coherent Corp.
Emerson Electric Co.
Han's Laser Technology Industry Group Co., Ltd
Huagong Laser Engineering Co., Ltd
IPG Photonics Corporation
Jenoptik AG
KEYENCE CORPORATION
Laser Technologies
Laser line GmbH
Laser Star Technologies Corporation
Penta Laser (Zhejiang) Co., Ltd
Precitec GmbH & Co. KG
TRUMPF

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of laser welding machine was reached USD 2.49 billion in 2023 and is expected to register 5.5% CAGR from 2024 to 2032, owing to their high accuracy and welding capabilities which are ideal in various industry applications worldwide.

Laser welding machine industry from the fiber laser technology segment is expected to reach USD 1.67 billion by 2032, due to its high-performance ability and advantages over co2 lasers and diode lasers.

VAsia Pacific laser welding machine industry is expected to reach USD 1.8 billion by 2032, due to the countries such as China, Japan, south Korea and India, experiencing rapid industrialization in the region.

IPG Photonics Corporation, Jenoptik AG, KEYENCE CORPORATION, Laser Technologies, Laser line GmbH, Laser Star Technologies Corporation, Penta Laser (Zhejiang) Co., Ltd, Precitec GmbH & Co. KG, and TRUMPF, are some of the major laser welding machine companies worldwide.