Laser Welding Machine Market 2021-2025: APAC will Lead the Market with a 52% Growth Rate

The laser welding machine market share is set to grow up to USD 373.97 million, accelerating at a CAGR of almost 4.73% during the forecast period. The impact of additive manufacturing is one of the major laser welding machine market trends that will positively impact the market growth. Technavio's research report analyses the growth trajectory of the market with a purview of the prevalent market scenarios, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.

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Laser Welding Machine Market: APAC to lead market growth during the forecast period

• The laser welding machine market is segmented by Technology (Fiber laser, Solid-state laser, CO2 laser, and Others) and Geography (APAC, Europe, North America, South America, and MEA). 
• Based on the market segmentation by technology, laser welding machine market share growth by the fiber laser segment will be significant during the forecast period. 
• 52% of the market growth will originate from APAC during the forecast period. China is the key market for laser welding machine market in APAC. 
• The laser welding machine market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the laser welding machine market size.
• This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the growing benefits of laser welding over conventional welding.  The analysis will thus enable businesses to assess their play in the market and design further growth opportunities.

Laser Welding Machine Market: Competitive Landscape

AMADA Co. Ltd., Coherent Inc., Emerson Electric Co., FANUC Corp., IPG Photonics Corp., Jenoptik AG, Laserline GmbH, Laserstar Technologies Corp., Perfect Laser Co. Ltd., and TRUMPF GmbH + Co. KG are some of the major laser welding machine market vendors. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development.

To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Download the Free PDF Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 4.73%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 373.97 million.
    
3. What is a key factor driving this market?
   The growing benefits of laser welding over conventional welding will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   52% growth will originate from APAC.
    
6. Who are the leading market vendors?
   The leading vendors in this market are AMADA Co. Ltd., Coherent Inc., Emerson Electric Co., FANUC Corp., IPG Photonics Corp., Jenoptik AG, Laserline GmbH, Laserstar Technologies Corp., Perfect Laser Co. Ltd., and TRUMPF GmbH + Co. KG.
    
7. What are the market segments covered in this report?
   The market is segmented by Technology (Fiber laser, Solid-state laser, CO2 laser, and Others) and Geography (APAC, Europe, North America, South America, and MEA).