The laser welding machine market size has grown steadily in recent years. It will grow from $1.37 billion in 2024 to $1.42 billion in 2025 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to high heat resistance, automotive applications, telecommunications infrastructure, industrial growth, chemical resistance, manufacturing advancements.
The laser welding machine market size is expected to see steady growth in the next few years. It will grow to $1.72 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to electric vehicle growth, sustainable material focus, rising consumer goods demand, flexible electronics, aerospace sector opportunities, global industrialization. Major trends in the forecast period include biotechnology advances, innovations in manufacturing processes, technological advancements, collaborations and mergers, smart packaging.
The expanding automotive industry is projected to boost the growth of the laser welding machine market in the future. This industry involves the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, and motorcycles. Factors such as rising consumer demand, advancements in electric and autonomous vehicle technologies, and increased urbanization contributing to mobility solutions are driving growth in the automotive sector. Laser welding machines are utilized in this industry for the precise joining of metal components, providing high strength, speed, and accuracy, especially in the production of car bodies and electric vehicle batteries. For example, in June 2024, a report from Statistics Canada, a national statistical organization, revealed that the total number of registered road motor vehicles in Canada reached 26.3 million in 2022, reflecting a slight increase of 0.3% compared to 2021. Consequently, the growth of the automotive industry is propelling the expansion of the laser welding machine market.
The surge in manufacturing activities is anticipated to be a driving force behind the growth of the laser welding machine market. Manufacturing involves the transformation of raw materials or components into finished goods using tools, human labor, equipment, and chemical processes. Laser welding machines are integral to manufacturing activities, providing a precise and efficient means of joining materials, thereby enabling high-speed and accurate welding processes. These machines contribute to enhanced manufacturing productivity by offering versatile and automated solutions across various industries. For instance, the Federal Reserve System reported a 0.4% increase in US manufacturing output in September 2023, indicating an uptick in factory manufacturing. Therefore, the heightened manufacturing activities are fueling the growth of the laser welding machine market.
A prominent trend in the laser welding machine market is the focus on product innovations by companies striving to maintain their market position. In February 2023, NewTec GmbH, a Belgium-based manufacturer of weighing, sorting, and packaging machinery, introduced the "LASER FLOWPACK 700," a novel laser welding machine designed for packaging fruit and vegetable products. This cutting-edge machine combines cutting and sealing capabilities in one, automating plastic film production and reducing plastic consumption.
Major players in the laser welding machine market are adopting a strategic partnership approach to enhance welding capabilities and address specific requirements, especially in the realm of e-mobility applications. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefit. For example, in August 2022, BBW Lasertechnik GmbH, a Germany-based laser materials company, collaborated with Civan Lasers, an Israel-based laser equipment company, to further develop laser beam welding using Civan's advanced 8 kW OPA 6 laser technology.
In November 2022, Bolloré Energy S.A., a France-based petroleum products producer, introduced Calorza, its latest biofuel blend comprising 30% fatty acid methyl esters (FAME) derived from vegetable oil. This biofuel innovation underscores Bolloré Energy's commitment to reducing greenhouse gas emissions and providing sustainable alternatives to traditional heating oils. The collaboration with the French Federation of Fuel Trading and Distribution Companies (FF3C) is geared towards diminishing dependence on fossil fuels in domestic heating oil. Bolloré Energy's phased introduction of Calorza across France offers customers easy access to this environmentally friendly product through regular agency channels, showcasing the company's adaptability and dedication to addressing environmental concerns in the energy sector.
Major companies operating in the laser welding machine market include TRUMPF Group, Wuhan Golden Laser Co., Jenoptik AG, LaserStar Technologies Corporation, IPG Photonics Corporation, Amada Miyachi Co. Ltd., O.R. Lasertechnologie GmbH, Golden Laser Co. Ltd., Coherent Inc., Perfect Laser Co. Ltd., Laserline GmbH, Huagong Laser Engineering Co. Ltd., Sahajanand Laser Technology Limited, SIGMA Laser GmbH, Sisma S.p.A., Emerson Electric Co., Shenzhen HeroLaser Equipment Co.Ltd., EMAG GmbH & Co. KG, FANUC Robotics Company, LASAG Corporation, Han's Laser Technology Co. Ltd., Baison Laser, SPI Lasers UK Ltd., Alpha Laser U.S., Wuhan Sintec Optronics Co.Ltd., Rofin-Sinar Technologies Inc., Wuhan Huagong Laser Engineering Co.Ltd., Nüernberg Industrial Laser GmbH.
Europe was the largest region in the laser welding machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global laser welding machine market during the forecast period. The regions covered in the laser welding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laser welding machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A laser welding machine is a type of welding equipment that utilizes a laser beam to join two or more pieces of metal or thermoplastics. The machine directs a high-powered laser beam at the welding site, heating and melting the material, allowing it to fuse together.
The primary types of laser welding machines are handheld laser welding machines and automated laser welding machines. A handheld laser welding machine is portable and can be operated manually, providing greater flexibility and ease of use. Various technologies are employed in laser welding machines, including fiber laser welding machines, CO2 laser welding machines, and solid-state laser welding machines. These machines find applications across various industries, including automotive, electronics, medical, jewelry, tool and mold-making, among others.
The laser welding machine market research report is one of a series of new reports that provides laser welding machine market statistics, including laser welding machine industry global market size, regional shares, competitors with a laser welding machine market share, detailed laser welding machine market segments, market trends and opportunities, and any further data you may need to thrive in the laser welding machine industry. This laser welding machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laser welding machine market consists of sales of gas laser welding machines and semiconductor laser welding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The laser welding machine market size is expected to see steady growth in the next few years. It will grow to $1.72 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to electric vehicle growth, sustainable material focus, rising consumer goods demand, flexible electronics, aerospace sector opportunities, global industrialization. Major trends in the forecast period include biotechnology advances, innovations in manufacturing processes, technological advancements, collaborations and mergers, smart packaging.
The expanding automotive industry is projected to boost the growth of the laser welding machine market in the future. This industry involves the design, development, manufacturing, marketing, and sale of motor vehicles, including cars, trucks, and motorcycles. Factors such as rising consumer demand, advancements in electric and autonomous vehicle technologies, and increased urbanization contributing to mobility solutions are driving growth in the automotive sector. Laser welding machines are utilized in this industry for the precise joining of metal components, providing high strength, speed, and accuracy, especially in the production of car bodies and electric vehicle batteries. For example, in June 2024, a report from Statistics Canada, a national statistical organization, revealed that the total number of registered road motor vehicles in Canada reached 26.3 million in 2022, reflecting a slight increase of 0.3% compared to 2021. Consequently, the growth of the automotive industry is propelling the expansion of the laser welding machine market.
The surge in manufacturing activities is anticipated to be a driving force behind the growth of the laser welding machine market. Manufacturing involves the transformation of raw materials or components into finished goods using tools, human labor, equipment, and chemical processes. Laser welding machines are integral to manufacturing activities, providing a precise and efficient means of joining materials, thereby enabling high-speed and accurate welding processes. These machines contribute to enhanced manufacturing productivity by offering versatile and automated solutions across various industries. For instance, the Federal Reserve System reported a 0.4% increase in US manufacturing output in September 2023, indicating an uptick in factory manufacturing. Therefore, the heightened manufacturing activities are fueling the growth of the laser welding machine market.
A prominent trend in the laser welding machine market is the focus on product innovations by companies striving to maintain their market position. In February 2023, NewTec GmbH, a Belgium-based manufacturer of weighing, sorting, and packaging machinery, introduced the "LASER FLOWPACK 700," a novel laser welding machine designed for packaging fruit and vegetable products. This cutting-edge machine combines cutting and sealing capabilities in one, automating plastic film production and reducing plastic consumption.
Major players in the laser welding machine market are adopting a strategic partnership approach to enhance welding capabilities and address specific requirements, especially in the realm of e-mobility applications. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefit. For example, in August 2022, BBW Lasertechnik GmbH, a Germany-based laser materials company, collaborated with Civan Lasers, an Israel-based laser equipment company, to further develop laser beam welding using Civan's advanced 8 kW OPA 6 laser technology.
In November 2022, Bolloré Energy S.A., a France-based petroleum products producer, introduced Calorza, its latest biofuel blend comprising 30% fatty acid methyl esters (FAME) derived from vegetable oil. This biofuel innovation underscores Bolloré Energy's commitment to reducing greenhouse gas emissions and providing sustainable alternatives to traditional heating oils. The collaboration with the French Federation of Fuel Trading and Distribution Companies (FF3C) is geared towards diminishing dependence on fossil fuels in domestic heating oil. Bolloré Energy's phased introduction of Calorza across France offers customers easy access to this environmentally friendly product through regular agency channels, showcasing the company's adaptability and dedication to addressing environmental concerns in the energy sector.
Major companies operating in the laser welding machine market include TRUMPF Group, Wuhan Golden Laser Co., Jenoptik AG, LaserStar Technologies Corporation, IPG Photonics Corporation, Amada Miyachi Co. Ltd., O.R. Lasertechnologie GmbH, Golden Laser Co. Ltd., Coherent Inc., Perfect Laser Co. Ltd., Laserline GmbH, Huagong Laser Engineering Co. Ltd., Sahajanand Laser Technology Limited, SIGMA Laser GmbH, Sisma S.p.A., Emerson Electric Co., Shenzhen HeroLaser Equipment Co.Ltd., EMAG GmbH & Co. KG, FANUC Robotics Company, LASAG Corporation, Han's Laser Technology Co. Ltd., Baison Laser, SPI Lasers UK Ltd., Alpha Laser U.S., Wuhan Sintec Optronics Co.Ltd., Rofin-Sinar Technologies Inc., Wuhan Huagong Laser Engineering Co.Ltd., Nüernberg Industrial Laser GmbH.
Europe was the largest region in the laser welding machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global laser welding machine market during the forecast period. The regions covered in the laser welding machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laser welding machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A laser welding machine is a type of welding equipment that utilizes a laser beam to join two or more pieces of metal or thermoplastics. The machine directs a high-powered laser beam at the welding site, heating and melting the material, allowing it to fuse together.
The primary types of laser welding machines are handheld laser welding machines and automated laser welding machines. A handheld laser welding machine is portable and can be operated manually, providing greater flexibility and ease of use. Various technologies are employed in laser welding machines, including fiber laser welding machines, CO2 laser welding machines, and solid-state laser welding machines. These machines find applications across various industries, including automotive, electronics, medical, jewelry, tool and mold-making, among others.
The laser welding machine market research report is one of a series of new reports that provides laser welding machine market statistics, including laser welding machine industry global market size, regional shares, competitors with a laser welding machine market share, detailed laser welding machine market segments, market trends and opportunities, and any further data you may need to thrive in the laser welding machine industry. This laser welding machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laser welding machine market consists of sales of gas laser welding machines and semiconductor laser welding machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Laser Welding Machine Market Characteristics3. Laser Welding Machine Market Trends and Strategies4. Laser Welding Machine Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Laser Welding Machine Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Laser Welding Machine Market34. Recent Developments in the Laser Welding Machine Market
5. Global Laser Welding Machine Growth Analysis and Strategic Analysis Framework
6. Laser Welding Machine Market Segmentation
7. Laser Welding Machine Market Regional and Country Analysis
8. Asia-Pacific Laser Welding Machine Market
9. China Laser Welding Machine Market
10. India Laser Welding Machine Market
11. Japan Laser Welding Machine Market
12. Australia Laser Welding Machine Market
13. Indonesia Laser Welding Machine Market
14. South Korea Laser Welding Machine Market
15. Western Europe Laser Welding Machine Market
16. UK Laser Welding Machine Market
17. Germany Laser Welding Machine Market
18. France Laser Welding Machine Market
19. Italy Laser Welding Machine Market
20. Spain Laser Welding Machine Market
21. Eastern Europe Laser Welding Machine Market
22. Russia Laser Welding Machine Market
23. North America Laser Welding Machine Market
24. USA Laser Welding Machine Market
25. Canada Laser Welding Machine Market
26. South America Laser Welding Machine Market
27. Brazil Laser Welding Machine Market
28. Middle East Laser Welding Machine Market
29. Africa Laser Welding Machine Market
30. Laser Welding Machine Market Competitive Landscape and Company Profiles
31. Laser Welding Machine Market Other Major and Innovative Companies
35. Laser Welding Machine Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Laser Welding Machine Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on laser welding machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for laser welding machine? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laser welding machine market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Handheld Laser Welding Machine; Automated Laser Welding Machine2) By Technology: Fiber Laser Welding Machine; Co2 Laser Welding Machine; Solid-State Laser Welding Machine
3) By End User: Automotive; Electronics; Medical; Jewelry Industry; Tool and Mold-Making; Other End Users
Subsegments:
1) By Handheld Laser Welding Machine: Fiber Laser Welding Machines; Diode Laser Welding Machines2) By Automated Laser Welding Machine: Robotic Laser Welding Systems; Fixed Laser Welding Systems
Key Companies Mentioned: TRUMPF Group; Wuhan Golden Laser Co.; Jenoptik AG; LaserStar Technologies Corporation; IPG Photonics Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- TRUMPF Group
- Wuhan Golden Laser Co.
- Jenoptik AG
- LaserStar Technologies Corporation
- IPG Photonics Corporation
- Amada Miyachi Co. Ltd.
- O.R. Lasertechnologie GmbH
- Golden Laser Co. Ltd.
- Coherent Inc.
- Perfect Laser Co. Ltd.
- Laserline GmbH
- Huagong Laser Engineering Co. Ltd.
- Sahajanand Laser Technology Limited
- SIGMA Laser GmbH
- Sisma S.p.A.
- Emerson Electric Co.
- Shenzhen HeroLaser Equipment Co.Ltd.
- EMAG GmbH & Co. KG
- FANUC Robotics Company
- LASAG Corporation
- Han's Laser Technology Co. Ltd.
- Baison Laser
- SPI Lasers UK Ltd.
- Alpha Laser U.S.
- Wuhan Sintec Optronics Co.Ltd.
- Rofin-Sinar Technologies Inc.
- Wuhan Huagong Laser Engineering Co.Ltd.
- Nüernberg Industrial Laser GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 1.42 Billion |
Forecasted Market Value ( USD | $ 1.72 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |