What is UV Laser Cutter Market?
The UV laser cutter utilizes the characteristics of ultraviolet light for cutting. The UV lasers have short wavelengths, high beam quality and high peak power. It is especially suitable for cutting and marking of the hard plate, soft and hard joint board, soft plate and its accessories. The UV lesser cutter market is expected to grow in the upcoming period owing to the increase in applications in various industries.
The market study is being classified, by Application (FPC Cutting, PCB Cutting, Glass Cutting, Drilling and Depth Engraving) and major geographies with country level break-up.
Coherent Inc. (United States), TRUMPF (Germany), LPKF (Germany), Spectra-Physics (United States), Zhengye Technology (China), Kunshan Theta Micro (China), SYNEO (United States), Starlase Systems (India), Shenzhen Musen Technology (China) and CK Laser (China) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Scantech Laser Ltd. (India), Changchun New Industries Optoelectronics Tech. Co., Ltd. (China) and Technic (England).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Chinese Manufacturers will contribute to the maximum growth of Global UV Laser Cutter market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global UV Laser Cutter market by Type, Application and Region.
On the basis of geography, the market of UV Laser Cutter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Usage of UV Lasers in the Industry
- Profitable Growth in Machine Tools Industry, Packaging Industry and Automotive Industry
Market Trend
- Shift Towards Flexible Circuit Cutting Over Traditional Mechanical Methods
Restraints
- Availabilities of Substitutes in the Market
- High Cost of UV Cutters
Opportunities
- Development of Emerging Countries and the Spurring Of Individual Spending
Challenges
- Lack of Availability of Skilled Persons
- Technical Complexities in High-Power Lasers
Market Leaders and some development strategies
On 30 January 2018, Spectra-Physics launched greater than 45W UV lasers with disruptive cost performance. The new laser is ideal for industrial manufacturing of PC boards, electronic components, semiconductors etc.
There are laws, regulations and standards that require engineering controls and risk communication to aid in the management of the biological hazards associated with each laser class.
Key Target Audience
UV Laser Cutter Manufacturers, UV Laser Cutter Distributors/Traders/Wholesalers, UV Laser Cutter Subcomponent Manufacturers, Industry Association, Downstream Vendors and End-user