Laser Plastic Welding Market Growth, Trends, and Forecast, 2020 - 2025

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Laser Plastic Welding Market Expected To Witness a Sustainable Growth Over 2025 – TMR Insights By ajinkya

January 21, 2022

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Transparency Market Research delivers key insights for the laser

plastic welding market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020– 2025. In terms of revenue, the global laser plastic welding market is projected to register a CAGR of 8.4% during the forecast period.

Consistent Demand from Automotive Industry to Bolster Market Growth The amount of plastics used in the automotive industry is consistently rising, as it lowers the manufacturing cost and reduces the weight of vehicles. Manufacturers operating the automotive industry used laser plastic welding frequently to join interior and exterior plastic components, as it provides excellent joint quality and precise welding.

Furthermore, strong joints formed with laser plastic welding with high precision and accuracy that do not affect the sensitive components close to the welding area, resulting into a high requirement of the laser plastic welding in the automotive industry. In addition, shifting inclination of consumers towards highly aesthetic automotive vehicles across continents is creating ample amount of opportunities for manufacturers. Besides this, the rising purchasing capability of an average person to buy vehicles is one of the vital factors fueling the expansion of the laser plastic welding market.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample. php?flag=B&rep_id=15332 Plastic to Metal Joining Welding Gaining Momentum in Global Market Metallic industrial products are robust and ductile, and plastics are lightweight and easily formable. A variety of plastic and metallic products is used in industries frequently, owing to their significant

properties. The importance of joining metal and plastic has witnessed a tremendous rise in recent years. There are various methods such as rivets, adhesives, and others to join these plastics and metals. However, the current trend of laser-assisted metal plastic joining (LAMP) is gaining traction across the globe, owing to its numerous applications such as short time joining, stable joint for a long time, easy automation, and no requirement of adhesives and rivets. Furthermore, the laserassisted metal plastic joining (LAMP) method is applicable to join two dissimilar metals with a plastic intermediate sheet, to prevent local electric-physical corrosion in metals. The rising adoption of laserassisted metal plastic joining (LAMP) method over the other conventional method to join metal and plastic product effectively is projected to boost the laser plastics welding market growth during the forecast period.

Lucrative Opportunities in Emerging Countries Laser plastic welding systems and techniques are predominantly used in various key industries such as electrical & electronics, healthcare, automotive, and others. The demand for advanced laser plastic welding systems in these industries is consistently rising due to its ability to weld 3D and complex shapes. Prominent end-use industries such as healthcare and electrical & electronics have witnessed a healthy growth over the past 10 years, and this is anticipated to continue during the forecast period. Moreover, the market growth is not just in mature markets of North America and European countries, but also in fastgrowing and developing countries such as China and India. Rapid penetration of healthcare and electronics industries in these countries is likely to create a positive impact on the demand for laser plastic welding machines in the upcoming years.

Key Players in Laser Plastics Welding Market Prominent players operating in the global laser plastic welding market

accounts for a substantial portion of the market share. Key players are adopting inorganic growth strategies to expand into new geographies.

Recently, LPKF Laser & Electronics AG, one of the leading players operating in the laser plastic market has introduced PowerWeld 3D 8000 and laser plastic welding machine for mass production of small parts. Some of the leading players in the laser plastic welding market are TRUMPF GmbH + Co. KG, Han’s Laser Technology Industry Group Co., Nippon Avionics Co., Ltd., Jenoptik AG, Rofin Sinar Technologies Inc., Amada Miyachi Co. Ltd., Bielomatik Leuze GmbH + Co. KG, LPKF Laser & Electronics AG, DILAS Diodelaser GmbH, Leister Technologies AG and Dukane IAS LLC. Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=15332&ltype=S Global Laser Plastic Welding Market Segmentation Laser Plastic Welding Market, by System Standalone System Integrated Laser Plastic Welding Market, by Method Contour Welding Quasi-Simultaneous Simultaneous Mask Welding Radial Welding Others

Laser Plastic Welding Market, by Laser CO2 laser Diode laser Dio-Scan Direct Fiber Coupled Multi-diode Fibre laser Nd:YAG Laser Laser Plastic Welding Market, by Application Component Films Laser Plastic Welding Market, by End-use Industry Electrical & Electronics Healthcare Automotive Consumer goods Others Explore Latest Reports by TMR: Europe Plastic Packaging Market – https://www.prnewswire.com/news-releases/efforts-to-intensifycircular-plastic-economy-in-european-countries-underscores-growthin-europe-plastic-packaging-market-valuation-projected-to-surpassus-22-7-bn-by-2030—tmr-301293849.html Reusable Water Bottles Market – https://www.prnewswire.com/news-releases/large-scale-programs-

https://www.prnewswire.com/news-releases/large-scale-programsto-prevent-massive-environmental-degradation-related-to-single-useplastics-to-bring-extensive-growth-opportunities-for-reusable-waterbottles-market-valuation-projected-to-touch-us-11-bn-by-2027-saystmr-301288640.html About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Transparency Market Research USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Blog: https://tmrblog.com/

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