INDUSTRIAL LASERS MARKET

KEY FINDINGS

• Fiber lasers were gaining popularity due to their high efficiency, reliability, and versatility across various applications including cutting, welding, and marking.
• Ultrafast lasers were witnessing increasing adoption in electronics and medical device manufacturing industries due to their ability to provide exact and clean cuts.
• The automotive industry was one of the major consumers of industrial lasers, utilizing them for welding, cutting, and marking in the production of vehicles.
• The Asia-Pacific region, particularly China, is experiencing rapid growth in the industrial laser market due to the expansion of manufacturing industries and increasing investments in laser technology.
• Ongoing advancements in laser technology, including improvements in power output, beam quality, and automation capabilities, were driving market growth and expanding the range of applications for industrial lasers.
• Compliance with environmental and safety regulations was becoming increasingly important for industrial laser manufacturers and users, driving the development of more energy-efficient and environmentally friendly laser systems.
• The industry laser market manufacturers are strengthening their product portfolio through mergers and acquisitions. Furthermore, the key manufacturers continuously focus on innovative product development through continuous research.
• Growing demand for high-precision manufacturing processes in industries such as automotive, aerospace, and electronics is fueling the adoption of industrial lasers
• There is a notable shift towards fiber lasers due to their superior performance, reliability, and energy efficiency compared to traditional CO2 and solid-state lasers.
• Despite the numerous benefits, challenges such as high initial costs, complex integration requirements, and concerns regarding laser safety regulations continue to hinder the widespread adoption of industrial lasers, particularly among small and medium-sized enterprises.

INTRODUCTION

A crucial role for laser technology in the industry. Industrial lasers are employed for a variety of tasks, including cutting metals and fabrics, marking tracking codes for industrial traceability, precisely welding metals, cleaning metal surfaces, modifying surface roughness, and measuring part dimensions.

INDUSTRIAL LASERS MARKET SIZE AND FORECAST

 The  global Industrial lasers 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.

INDUSTRIAL LASERS MARKETNEW PRODUCT LAUNCH

Furukawa created an industrial laser. Furukawa's fibre laser has a plethora of advantages, notably high beam quality, time stability, durability, and performance. Furukawa Electric is the manufacturer and seller of this 12 kW fibre laser system. A powerful laser is generated inside and sent over optical fibres into the processing area.

For processing, a laser is transmitted by fibre to a galvano scanner. The metal is next processed by the fibre laser. The industrial fibre laser from Furukawa is utilised for welding motor and battery components, particularly copper, as well as automobile bodywork and parts.Lumentum has launched the FemtoBlade is a new femtosecond laser system. It is an extremely fast industrial laser that enables flexibility and delivers high power at high frequency, enabling quicker processing.

The newest model in Domino's line of fast, high-performance fibre lasers is being introduced: the F720i. The new F720i fibre laser is especially well adapted to endure the demanding high speed coding requirements of the beverage canning industry. It is designed to deliver clear, legible and durable codes onto aluminium cans.

With offices in Ireland and the UK, ProPhotonix Limited, a designer and manufacturer of LED illumination systems and laser diode modules, is pleased to announce the expansion of its line of Industrial Laser modules to include new UV lasers at 375nm.The UV Industrial lasers are capable of delivering great performance in a variety of applications, including UV curing and analytical ones. 375nm lasers can precisely cure small areas in UV curing applications. 

When components or surrounding areas are vulnerable to UV radiation damage, this precision curing is perfect. Higher speed and higher definition in 3D printing applications are made possible by UV laser diode modules. Up until recently, these applications have typically utilised 405nm lasers.Industry's First Pump Laser Diode From Coherent Has Record-Breaking 65 W Power With 65 W of output power for fibre lasers in industrial and consumer applications, Coherent Corp., a pioneer in high-power semiconductor lasers, has announced the launch of their new generation pump laser diode.

There is a high need for parts that enable cost-effective designs as handheld fibre laser welding overtakes arc welding as the preferred technology. A reliable 65 W of output power, 30% greater than that of the competing goods, is consistently achieved by Coherent's new laser diode, and it does so while using less operational current.

Numerous highly affordable fibre laser design topologies are made possible by these distinctive properties and the diode's compatibility with current submounts.Their previous record 50 W diode, which they unveiled at Photonics West in January, has been surpassed by their 65 W pump laser diode, which they think is the industry's first commercially available pump laser diode.

While it is often believed that more expensive ceramic submounts are needed at these power levels, their laser design proved that this is not the case because they were able to reduce the operating current while increasing the output power.

This makes the product stand out and be so attractive, in addition to the output power that breaks records.The 6-inch vertically integrated gallium arsenide technology platform, on which the 65 W laser diodes are based, has a track record of dependability in the field dating back many years.To satisfy customer needs, they are offered at the following two wavelengths: 915 nm and 975 nm, as bare dies or chips on ceramic submounts.

Even at extraordinarily high output powers, Coherent's exclusive E2 front mirror passivation found in the chips guards against catastrophic laser damage. Coherent's extensive line of fibre laser parts includes seed lasers, ytterbium-doped double-clad fibre, acousto-optic modulators, fibre Bragg gratings, kilowatt pump and signal combiners, as well as IBS-coated laser optics and micro-optics for high-power isolators.The most current additions to Coherent's extensive portfolio of unique solutions for materials processing will be featured at these conferences.

INDUSTRIAL LASERS MARKET DYNAMICS

In order to create a blue laser-based metal AM platform, NUBURU, the market leader in high power and high brightness industrial blue lasers, and Essentium Inc., a global pioneer in industrial additive manufacturing (AM), have partnered.Manufacturers will be able to produce production-grade metal parts with the new Essentium printer because of its high resolution and quick throughput.

The blue laser from NUBURU is ideal for AM applications involving material processing. The infrared wavelengths transmitted by conventional industrial lasers are largely reflected by critical materials including copper, stainless steel, and aluminium, resulting in slower print speeds and lower print quality.

INDUSTRIAL LASERS MARKETDEVELOPMENT AND INNOVATION

This boost in single-mode power, according toIPG, "offers unprecedented speed and productivity improvements for battery welding with spatter-free welding speeds up to two times faster than is possible with lower core powers. AMB dual-beam lasers completely eliminate weld flaws like spatter, cracking, and porosity by stabilising the weld pool through the use of a secondary ring beam in conjunction with the single-mode core.

For precision welding applications, single-mode fibre lasers are frequently preferred by battery manufacturers because of their capacity to concentrate power into incredibly small spot sizes on the component. The resultant high energy density rapidly achieves the necessary weld penetration with a reduced heat-affected zone, while also easily overcoming the high reflectivity of metals like copper and aluminium.

Due toEpilog's extensive experience producing industrial laser systems, they were able to leverage the years of expertise to create an easy-to-use, high-performing laser system that would let us launch a profitable home business. With its 3.5G acceleration, 60 inches per second engraving speed, and Epilog's ground-breaking IRISTM Camera System—which gives users a real-time image of the engraving bed—the Fusion Maker is offered in 30- and 40-watt configurations.

There is ample room on the 24" x 12" engraving table for a number of objects. The engraving table provides 7" of z-clearance, which makes it possible to engrave higher objects. It also has a rotating attachment option that makes it possible to engrave cylindrical objects, like the wildly popular personalised tumblers.

The flexible marking head of the newVideojet3350 laser offers 32 conventional beam delivery options, while the marking head of the 3350 Smart Focus laser allows for 0-90° rotation without the need for extra parts.With the ability to print text, bar codes, graphics, and other information at up to 2,000 characters per second, both of the new Videojet 3350 series lasers offer high-speed marking capabilities. 

Permanent codes that facilitate product traceability and anti-counterfeiting are delivered by the high-resolution marking head.Users may now mark products of varying sizes or on different levels on the same object without having to change the laser thanks to the novel capabilities of the new 3350 CO2 Smart Focus laser system. Higher throughput and increased uptime are achieved in production

THISINDUSTRIAL LASERS MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Industrial Lasers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Industrial Lasers and key vendor selection criteria
3. Where is the Industrial Lasers manufactured? What is the average margin per unit?
4. Market share of Global Industrial Lasers market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Industrial Lasers in-house
6. key predictions for next 5 years in Global Industrial Lasers market
7. Average B-2-B Industrial Lasers market price in all segments
8. Latest trends in Industrial Lasers market, by every market segment
9. The market size (both volume and value) of the Industrial Lasers market in 2024-2030 and every year in between?
10. Production breakup of Industrial Lasers market, by suppliers and their OEM relationship