EV BATTERY LASER WELDING MARKET

KEY FINDINGS

1. Fiber lasers are the most commonly used laser source to weld EV batteries in 2022. They account for about 50% of the overall market.  The most commonly used Fiber lasers for EV battery laser welding are continuous wave (CW) fiber, quasi-continuous wave (QCW) fiber, and nanosecond fiber. The price/watt for high-power fiber lasers has decreased within the past five years by 70%
2. The top manufacturers of EV Battery Laser Welding Equipment are Trumpf, IPG Photonics, Amada, Hans Laser, Coherent, Fanuc, United Winners, HG Tech, and Emag. Trumpf is the market leader in the EV Battery Laser welding market with a share of 12.5%. The company has 70 subsidiaries in Europe, North and South America, and Asia
3. China holds the major market share for EV Battery Laser welding in 2022 owing to the reason that most of the EV battery manufacturing happening in the region. China is likely to remain the leading EV battery supplier until at least 2030. China accounts for 52% of the EV battery laser welding market. Also, most of the top laser welding manufacturers in the globe are from China. Key players in the market such as Han’s Laser, Huagong Technology, United Winners, and Wuhan Golden Laser are from China
4. Many countries are improving their local battery manufacturing capacity to reduce the dependency on other countries for battery sourcing which will develop the EV Battery Laser Welding Market away from China towards mainly Europe and the USA
5. Laser welding is a fast and efficient way to weld EV battery cells. It is also a non-contact process, which minimizes the risk of contamination.
6. EV batteries are expected to play a key role in the transition to a sustainable transportation system. As a result, there is a growing demand for high-performance and safe EV batteries. Laser welding is a highly precise and reliable welding technology, and it is well-suited for the welding of EV batteries.
   Governments around the world are providing subsidies and other incentives to promote the adoption of EVs and energy storage solutions. This support is helping to drive the demand for EV batteries and laser welding systems.
7. Laser welding technology is constantly evolving, and new advancements are being made in terms of the speed, precision, and reliability of laser welding systems. These technological advancements are making laser welding more attractive to EV battery manufacturers.
8. EV battery manufacturers are becoming increasingly aware of the benefits of laser welding, such as its speed, efficiency, and precision. This is leading to a growing adoption of laser welding technology in the EV battery manufacturing process.
9. Laser welding equipment is relatively expensive, which can be a barrier to entry for small and medium-sized EV battery manufacturers. Laser welding is a complex process that requires skilled operators. There is a shortage of skilled laser welders in the market, which can make it difficult for EV battery manufacturers to find qualified personnel.
10. The quality of the laser welding process is important for the performance and safety of EV batteries. EV battery manufacturers need to invest in quality control measures to ensure that their laser welding process meets the required standards.
11. The cost of laser welding equipment is expected to decrease in the coming years, which will make it more affordable for EV battery manufacturers to adopt this technology.

INTRODUCTION TO THE EV BATTERY LASER WELDING MARKET

Laser welding is the best approach for battery pack applications since it is a non-contact process that allows for high-speed operations, the execution of custom weld patterns, and the welding of any joint geometry while joining dissimilar metals.

Lasers have a tiny focal point diameter and a high energy density. Laser welding melts thin or thick metal contacts by utilizing the heat from a high-power concentrated laser beam. Laser welding is used in a variety of industries, including automotive, aerospace, and electronics. However, it is becoming increasingly popular in the EV battery manufacturing industry

Electric vehicle (EV) battery laser welding is a process of using a laser beam to join the various components of an EV battery cell together, including the case, electrodes, and tabs. Laser welding is a fast, efficient, and non-contact process that produces high-quality welds

Laser welding is used to weld the various parts of the battery case together. This includes welding the top and bottom covers to the sides of the case, as well as welding the terminals to the case. Laser welding is a key technology in the manufacturing of EV batteries. It is a fast, efficient, and precise process that produces high-quality welds. This makes it an ideal choice for welding the various components of an EV battery cell together.

Despite the challenges, the benefits of EV battery laser welding outweigh the costs. Laser welding is a fast, efficient, and precise process that produces high-quality welds. This makes it an ideal choice for welding the various components of an EV battery cell together. EV battery laser welding is a promising technology with the potential to revolutionize the EV battery manufacturing industry.

EV BATTERY LASER WELDING MARKET SIZE AND FORECAST

The Global EV battery laser welding market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

Tesla is building a new EV battery factory in Brandenburg, Germany. The factory is expected to start production in 2023 and will have an annual capacity of 50 GWh. Tesla is planning to use laser welding to assemble the EV batteries at the new factory.

SKI, a South Korean battery manufacturer, is building a new EV battery factory in Norway. The factory is expected to start production in 2025 and will have an annual capacity of 12 GWh. SKI is planning to use laser welding to assemble the EV batteries at the new factory. 

Carrs Welding and BIC are working together on a new project to develop a new laser welding process for EV batteries. The Soni-Laser project is expected to be completed in 2023.

Northvolt, a Swedish battery manufacturer, is building a new EV battery factory in Skellefteå, Sweden. The factory is expected to start production in 2024 and will have an annual capacity of 60 GWh. Northvolt is planning to use laser welding to assemble the EV batteries at the new factory.

EV BATTERY LASER WELDING MARKET TRENDS

The Asia Pacific region is the largest market for EV battery laser welding, followed by North America and Europe. 

German laser technology company Trumpf is investing €100 million in laser welding for EV batteries. The investment will be used to develop new laser welding systems and to expand production capacity.

IPG Photonics, a leading supplier of fiber lasers, has been selected to supply laser welding systems for a new EV battery production line in China. The laser welding systems will be used to weld the various components of EV battery cells together.

Amada, a Japanese metalworking machinery manufacturer, is planning to introduce a new laser welding system for EV batteries in early 2024. The new system is designed to weld EV battery cells together at a high speed and with high precision.

The Chinese government is planning to invest in laser welding for EV batteries as part of its efforts to promote the development of the EV industry. The investment will be used to support the development of new laser welding technologies and to promote the adoption of laser welding in the EV battery manufacturing process.

The demand for laser welding systems is increasing from EV battery manufacturers in China and other emerging markets. This is due to the rapid growth of the EV market in these regions. For example, China is now the world’s largest EV market, and it is expected to continue to grow rapidly in the coming years.

Brunel University London is working on a new project to develop a new ultrasonic assisted laser welding process for EV batteries. The project is expected to be completed in 2024.

The Fraunhofer Institute for Laser Technology is working on a new project to develop a new laser welding process for solid-state batteries. The project is expected to be completed in 2025.

LG Energy Solution, a South Korean battery manufacturer, is building a new EV battery factory in Arizona, USA. The factory is expected to start production in 2024 and will have an annual capacity of 11 GWh. LG Energy Solution is planning to use laser welding to assemble the EV batteries at the new factory.

EV BATTERY LASER WELDING MARKET NEW PRODUCT LAUNCH

The Trumpf TruLaser Cell 8000 is a new laser welding system that is specifically designed for the production of EV batteries. It is a high-speed, high-precision system that can weld a variety of materials, including steel, aluminum, and copper. The system is also equipped with a number of safety features, such as laser protection and fume extraction.

The IPG Photonics YLS-15000-F fiber laser is a new high-power laser that is well-suited for laser welding EV batteries. It produces a powerful and consistent beam that can weld a variety of materials with high precision. The laser is also very energy-efficient, which helps to reduce operating costs.

Amada has developed a new laser welding system that is specifically designed for the production of EV batteries. The system is capable of welding a variety of materials, including steel, aluminum, and copper. It is also very flexible and can be customized to meet the specific needs of different EV battery manufacturers.

EV BATTERY LASER WELDING MARKET SEGMENTATION

The global EV battery laser welding market can be segmented in a number of ways, including:

EV Battery Laser Welding Market By Battery Type:

• Lithium-ion battery
• Solid-state battery
• Other battery types (e.g., lead-acid battery, nickel-metal hydride battery)

EV Battery Laser Welding Market By Vehicle Type:

• Passenger car
• Commercial vehicle
• Two-wheeler
• Other vehicle types

EV Battery Laser Welding Market By Laser Type:

• Continuous wave laser
• Pulsed laser
• Ultra-fast laser

EV Battery Laser Welding Market By Region:

• USA
• Europe
• China
• Asia Ex China
• ROW

EV BATTERY LASER WELDING MARKET COMPANIES PROFILED

• Trumpf (Germany)
• IPG Photonics (United States)
• Amada (Japan)
• Han’s Laser (China)
• Raycus (China)
• JPT Optoelectronics (China)
• MAX Photonics (China)
• REC (Germany)
• ROFIN-SINAR (Germany)
• Cygnus Laser (United States)
• Gentec (Canada)
• Coherent (United States)
• ESI Group (France)

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. Global Ev Battery Laser Welding Market Size and Forecast, by region, by application 
2. Average B-2-B price for Global Ev Battery Laser Welding Market, by region, per user
3. Technology trends and related opportunities for new Global Ev Battery Laser Welding Market tech suppliers
4. Global Ev Battery Laser Welding Market share of leading vendors, by region
5. The market size (both volume and value) of the Global Ev Battery Laser Welding Market in 2024-2030 and every year in between.
6. What are the major challenges facing the global EV battery laser welding market?
7. Who are the key players in the global EV battery laser welding market?
8. What are the future growth prospects of the global EV battery laser welding market?
9. What are the competitive strategies adopted by the key players in the global EV battery laser welding market?
10. What is the impact of the increasing demand for EVs on the global EV battery laser welding market?
11. How is the growing awareness of the benefits of laser welding affecting the global EV battery laser welding market?