Industry Background:
Drilling is one of the most significant and successful applications of industrial lasers. Laser drilling emerges as a viable and successful substitute for holes less than 0.25mm in diameter that are otherwise difficult to drill mechanically, especially for hard and brittle materials, such as ceramics and gemstones. Laser drilling of metals is used to produce tiny openings for nozzles, cooling channels in air turbine blades, and others. For direct hole drilling, the quality of the laser beam, wavelength, intensity, pulse repetition rate, pulse duration are all important parameters.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 3D Micromac (Germany), DMG MORI (Germany), Control Micro Systems (United States), FAIR FRIEND (Taiwan), IPG Photonics Corporation (United States), Trumpf (Germany), Prima Power (Italy), Bystronic (Switzerland), Coherent (United States), Winbro (United Kingdom) and Hans Laser (China) |
According to AMA, the market for Laser drilling machine is expected to register a CAGR of 4.9% during the forecast period to 2030. This growth is primarily driven by Increasing Demand from the End-Use Industries and Rising Focus on Additive Manufacturing.
Globally, a noticeable market trend is evident Technological Innovations in Laser Drilling Machines Major Manufacturers, such as 3D Micromac (Germany), DMG MORI (Germany), Control Micro Systems (United States), FAIR FRIEND (Taiwan), IPG Photonics Corporation (United States), Trumpf (Germany), Prima Power (Italy), Bystronic (Switzerland), Coherent (United States), Winbro (United Kingdom) and Hans Laser (China), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players of a laser drilling machine are focusing on strategic partnerships and new product launches to improve their products and services along with focusing on increasing their client base to strengthen market position.
Key Developments in the Market:
In November 2023, Phillips Machine Tools – a leading provider of manufacturing technology – is all set to launch its newest partnership with Precihole, a global leader in deep-hole drilling and finishing solutions. Deep hole drilling and finishing have an array of vital uses but are still considered very niche, high-tech applications.
In December 2020, Electro Scientific Industries, Inc. (Nasdaq: ESIO), an innovator in laser-based manufacturing solutions for the micro-machining industry, today announced the availability of its Geode laser-based micro-via drilling system for high-density interconnects (HDI) on rigid printed circuit boards (PCB). This new entry from a pioneer in PCB processing combines a CO2 laser and advanced beam control capabilities to deliver industry-leading throughput and accuracy from a system that is significantly smaller and lighter than current competitive offerings.
Influencing Trend:
Technological Innovations in Laser Drilling Machines
Market Growth Drivers:
Increasing Demand from the End-Use Industries and Rising Focus on Additive Manufacturing
Challenges:
Huge Expenditure on Research & Development
Restraints:
High Cost Associated with Laser Drilling Machine
Opportunities:
Growing Need for Automation in the Manufacturing Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Laser drilling machine Market
- Analysis about New Entrants in Laser drilling machine Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Laser drilling machine Study Sheds Light on
The Laser drilling machine Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Laser drilling machine industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Laser drilling machine industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.