Laser Automation Market is Estimated to Witness High Growth Owing to Increasing Integration of Automation in Manufacturing Industries

0
344

The laser automation market comprises laser cutting machines, laser welding machines, and laser marking machines among others. Laser-based automation equipment offers high precision, minimal thermal distortion, and flexibility over traditional mechanical processes. The utilization of laser automation solutions enhances productivity, reduces wastage, and improves quality of production in various manufacturing sectors including automotive, electronics, industrial, and medical device manufacturing.

Global laser automation market is projected to reach US$ 12,045.3 Mn by 2030, from US$  16,071.4 Mn in 2023, exhibiting a CAGR of 4.2% during the forecast period.

Key Takeaways


Key players operating in the laser automation market are Trumpf GmbH + Co. KG, Coherent, Inc., IPG Photonics Corporation, Han's Laser Technology Industry Group Co., Ltd., Rofin-Sinar Technologies Inc., Jenoptik AG, Amada Miyachi America, Inc., Newport Corporation, Prima Power, Fanuc Corporation.

Laser Automation Market Demand offers significant growth opportunities in industries such as electronics where miniaturization is a key trend. Furthermore, increasing focus on Industry 4.0 and smart manufacturing is expected to drive the demand for laser-enabled robotics and automated solutions.

Technological advancements such as fiber and direct diode lasers have made laser processing more robust, energy-efficient, and compatible with automation. Integrating lasers with artificial intelligence, machine vision, and digital twins will enable advanced applications in additive manufacturing, laser material processing, and smart factories.

Get More Insights on- Laser Automation Market


Cerca
Sponsorizzato
Categorie
Leggi tutto
Altre informazioni
Data Wrangling Market Size, Industry Trends, Share, Growth and Report 2024-2032
The latest report by IMARC Group, titled “Data Wrangling Market Report by Component...
By Yadwender Kumar 2024-03-06 09:26:02 0 634
Altre informazioni
Home Healthcare Market Future Business Scope and Strategies Forecast to 2032
The Home Healthcare Market is poised for substantial growth between 2024 and 2032, as highlighted...
By Khushbu Harne 2024-08-27 10:08:00 0 255
Altre informazioni
WYSIWYG Editors Software Market Foreseen to grow exponentially Over 2024-2030
  The WYSIWYG Editors Software Market evaluation provides information on the major business...
By Radhika Mandavkar 2024-06-04 04:22:23 0 593
Altre informazioni
What to Look for in an Highly Skilled Wrongful Termination Lawyers for Your Case
Wrongful termination means an worker is terminated from their employer for unlawful causes. This...
By Reema Choubey 2024-06-24 13:13:06 0 477
Altre informazioni
Google Cloud Certified Professional-Data-Engineer Exam Questions PDF
Professional-Data-Engineer Exam Dumps - Easy And Fast Professional-Data-Engineer Exam...
By Chris Alex 2022-10-18 05:46:07 0 3K