The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for fabricated metal goods is likely to spur innovation in laser welding machine manufacture, propelling the market during the forecast period.

The global laser welding machine market is expected to grow from $1.26 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The global laser welding machine market size is expected to reach $1.55 billion in 2027 at a CAGR of 4.2%.

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Global Laser Welding Machine Market Segments Include:

• By Type: Handheld Laser Welding Machine, Automated Laser Welding Machine
• By Technology: Fiber Laser Welding Machine, Co2 Laser Welding Machine, Solid-State Laser Welding Machine
• By End User: Automotive, Electronics, Medical, Jewelry Industry, Tool and Mold-Making, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global laser welding machine market in 2021.

Major Market Players in the laser welding machine market include TRUMPF Group, The Emerson Electric Co., Wuhan Golden Laser Co., Jenoptik AG, LaserStar Technologies Corporation, IPG Photonics Corporation, Amada Miyachi Co. Ltd.

Product innovation is a key trend that is gaining traction in the laser welding machine market. Companies in the laser welding machine market are introducing innovative products to maintain their market position. For example, NewTec GmbH, a Belgian producer of weighing, sorting, and packaging gear, introduced the “LASER FLOWPACK 700” laser welding machine in February 2023. This innovative laser welding machine is utilised for the packaging of fruits and vegetables and is equipped with both cutting and sealing capabilities in one machine. The LASER FLOWPACK700 allows for the automation of plastic film manufacture as needed, decreasing plastic use.

The Laser Welding Machine Global Market Report 2023  provides a laser welding machine market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The laser welding machine market forecast analyzes laser welding machine market size, laser welding machine market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A laser welding machine is a type of welding machine that use a laser beam to join two or more pieces of metal or thermoplastics. It works by directing a high-powered laser beam towards the welding location, heating and melting the material and allowing it to fuse together.

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