Laser Plastic Welding Market Size, Share, Growth Report 2030

According to the report, global demand for Laser Plastic Welding market was valued at approximately USD 923.9 Million in 2019, and is expected to generate revenue of around USD 1563.1 Million by end of 2026, growing at a CAGR of around 7.8 % between 2020 and 2026.

Global Laser Plastic Welding Market: Overview

In the last few years, the laser has emerged as one of the most preferred methods for welding plastics. It provides improved welding quality as the flexibility it offers is second to none. In spite of these and several other benefits, the penetration of laser plastic welding is slower than expected in the plastic industry. Laser plastic welding is commonly used in a number of industries, such as medical, automotive, and electronic packaging. The demand for laser plastic welding worldwide will continue to be powered by developments in textile joining, along with the joining of various kinds of materials such as metal to plastics and more. Increasingly, laser plastic welding is being used, particularly when creating products made from thermally sensitive materials.

Global Laser Plastic Welding Market: Growth Factors

Manufacturing a vehicle involves numerous plastic components that boast high processing quality. As laser plastic welding ensures strong joints, besides ensuring high precision and accuracy, its use in the automotive sector is likely to escalate in the near future, enabling the laser plastic welding market to create a niche in the automotive sector.

Increasing consumer preference for aesthetically compelling products has driven the demand for laser plastic welding due to its capability of performing welding operation in the hidden surfaces. Various developments in the methods of laser plastic welding have increased flexibility in the required condition for plastic welding and resulted in the expansion of the market into myriad industries.

The global laser plastic welding market is characterized by material processing machinery manufacturers innovating in terms of welding methods, a laser source, and automation in order to cater to intensely competitive manufacturing machinery market. Laser plastic welding system manufacturers are also realizing the importance of launching innovative technology as part of their branding and marketing strategies. This, in turn, will further propel laser plastic welding market trends. With a plethora of applications in the automotive, healthcare, and electrical & electronics sectors, the laser plastic welding market growth is likely to gain momentum in the years ahead.

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Global Laser Plastic Welding Market: Segmentation

The global laser plastic welding market can be classified into System Type, Laser Type, Application, Method, and End-use Industry. Based on the system type, the market is segmented into Standalone System and Integrated System. On the basis of laser type, the market is sectored into CO2 laser, Diode Laser, Fiber Laser, and Nd: YAG laser. Application wise, the laser plastic welding market is classified into Components and Films. On the basis of the method, the market is divided into Contour Welding, Quasi-simultaneous Welding, Simultaneous Welding, Mask Welding, and Radial Welding. End-use Industry-wise, the market is sectored into Electrical & Electronics, Healthcare, Automotive, and Consumer Goods.

Global Laser Plastic Welding Market: Regional Analysis

Based on regions, the global laser plastic welding market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is anticipated to dominate the market growth over the years ahead, subject to rapid expansion of automotive as well as electrical & electronic industries across the region. Furthermore, the presence of numerous machinery manufacturers in Europe will steer the growth of laser plastic welding market in the region. In addition, changing consumer inclination for tastefully convincing products has driven the demand for laser plastic welding in the region. Innovations in the laser plastic welding techniques along with massive investments in R& D activities over the new product development in countries such as Canada and the U.S. has resulted in lucrative demand for the product in North America.

Latin America and the Middle East and Africa have huge business growth prospects and will contribute remarkably towards the market revenue in the coming years.

Global Laser Plastic Welding Market: Competitive Players

Some of the key players in the laser plastic welding market are TRUMPF GmbH + Co. KG, Han's Laser Technology Industry Group Co., Ltd, LPKF Laser & Electronics AG, Jenoptik AG, Emerson Electric Co., Nippon Avionics Co., Ltd., Rofin Sinar Technologies Inc., Leister Technologies AG, Amada Miyachi Co. Ltd., DILAS Diodelaser GmbH, CEMAS Elettra S.R.L., Dukane IAS LLC, Control Micro Systems, Inc., Bielomatik Leuze GmbH + Co. KG, O.R. Lasertechnology GmbH, Seidensha Electronics Co., Ltd, Sahajanand Laser Technology Ltd., Scantech Laser Pvt. Ltd. and Wuhan Chuyu Optoelectronic Technology Co., Ltd.

The report segments the Global Laser Plastic Welding market as follows:

Global Laser Plastic Welding Market: System Type Segment Analysis

• Standalone System
• Integrated System

Global Laser Plastic Welding Market: Laser Type Segment Analysis

• CO2 laser
• Diode Laser
• Fiber Laser  
• Nd: YAG laser

Global Laser Plastic Welding Market: Application Segment Analysis

• Components
• Films

Global Laser Plastic Welding Market: Method segment Analysis

• Contour Welding
• Quasi-simultaneous Welding
• Simultaneous Welding
• Mask Welding
• Radial Welding

Global Laser Plastic Welding Market: End-use Industry Segment Analysis

• Electrical & Electronics
• Healthcare
• Automotive
• Consumer Goods.

Global Laser Plastic Welding Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa