Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Laser Plastic Welding Market: Introduction

Transparency Market Research delivers key insights for the laser plastic welding market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020–2025. In terms of revenue, the global laser plastic welding market is projected to register a CAGR of 8.4% during the forecast period.

Consistent Demand from Automotive Industry to Bolster Market Growth

The amount of plastics used in the automotive industry is consistently rising, as it lowers the manufacturing cost and reduces the weight of vehicles. Manufacturers operating the automotive industry used laser plastic welding frequently to join interior and exterior plastic components, as it provides excellent joint quality and precise welding. Furthermore, strong joints formed with laser plastic welding with high precision and accuracy that do not affect the sensitive components close to the welding area, resulting into a high requirement of the laser plastic welding in the automotive industry. In addition, shifting inclination of consumers towards highly aesthetic automotive vehicles across continents is creating ample amount of opportunities for manufacturers. Besides this, the rising purchasing capability of an average person to buy vehicles is one of the vital factors fueling the expansion of the laser plastic welding market.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=15332

Plastic to Metal Joining Welding Gaining Momentum in Global Market

Metallic industrial products are robust and ductile, and plastics are lightweight and easily formable. A variety of plastic and metallic products is used in industries frequently, owing to their significant properties. The importance of joining metal and plastic has witnessed a tremendous rise in recent years. There are various methods such as rivets, adhesives, and others to join these plastics and metals. However, the current trend of laser-assisted metal plastic joining (LAMP) is gaining traction across the globe, owing to its numerous applications such as short time joining, stable joint for a long time, easy automation, and no requirement of adhesives and rivets. Furthermore, the laser-assisted metal plastic joining (LAMP) method is applicable to join two dissimilar metals with a plastic intermediate sheet, to prevent local electric-physical corrosion in metals. The rising adoption of laser-assisted metal plastic joining (LAMP) method over the other conventional method to join metal and plastic product effectively is projected to boost the laser plastics welding market growth during the forecast period.

Lucrative Opportunities in Emerging Countries

Laser plastic welding systems and techniques are predominantly used in various key industries such as electrical & electronics, healthcare, automotive, and others. The demand for advanced laser plastic welding systems in these industries is consistently rising due to its ability to weld 3D and complex shapes. Prominent end-use industries such as healthcare and electrical & electronics have witnessed a healthy growth over the past 10 years, and this is anticipated to continue during the forecast period. Moreover, the market growth is not just in mature markets of North America and European countries, but also in fast-growing and developing countries such as China and India. Rapid penetration of healthcare and electronics industries in these countries is likely to create a positive impact on the demand for laser plastic welding machines in the upcoming years.

Key Players in Laser Plastics Welding Market  

Prominent players operating in the global laser plastic welding market accounts for a substantial portion of the market share. Key players are adopting inorganic growth strategies to expand into new geographies. Recently, LPKF Laser & Electronics AG, one of the leading players operating in the laser plastic market has introduced PowerWeld 3D 8000 and laser plastic welding machine for mass production of small parts. Some of the leading players in the laser plastic welding market are TRUMPF GmbH + Co. KG, Han’s Laser Technology Industry Group Co., Nippon Avionics Co., Ltd., Jenoptik AG, Rofin Sinar Technologies Inc., Amada Miyachi Co. Ltd., Bielomatik Leuze GmbH + Co. KG, LPKF Laser & Electronics AG, DILAS Diodelaser GmbH, Leister Technologies AG and Dukane IAS LLC.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=15332&ltype=S

Global Laser Plastic Welding Market Segmentation

Laser Plastic Welding Market, by System

  • Standalone System
  • Integrated

Laser Plastic Welding Market, by Method

  • Contour Welding
  • Quasi-Simultaneous
  • Simultaneous
  • Mask Welding
  • Radial Welding
  • Others

Laser Plastic Welding Market, by Laser

  • CO2 laser
  • Diode laser
    • Dio-Scan
    • Direct
    • Fiber Coupled
    • Multi-diode
  • Fibre laser
  • Nd:YAG Laser

Laser Plastic Welding Market, by Application

  • Component
  • Films

Laser Plastic Welding Market, by End-use Industry

  • Electrical & Electronics
  • Healthcare
  • Automotive
  • Consumer goods
  • Others

Explore Latest Reports by TMR:

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts