Laser Micro Perforation Equipment Market Scope
Laser micro perforation is one of the latest methods to create micro holes in the packaging materials of products. Equipment is designed to add micro holes in the packaging material depending on laser power, film type, and thickness. A micro-perforation helps to control airflow and moisture release that ensures product freshness, leading to increased shelf-life. The controlled airflow helps in making the packages more compressed which reduces the shipping cost as the products can easily be stacked. Laser micro perforation also helps in generating a series of small holes on the packaging to create a simple tear path. Traditional perforation punctures the flexible packaging films and leaves tears that take away from the aesthetics of the packaging. Laser micro perforation burns through the material, resulting in a smaller, cleaner, and more precise hole.
According to AMA, the Global Laser Micro Perforation Equipment market is expected to see growth rate of 5.1%
The market is highly competitive owing to the presence of several key players within the industry. Some of the prominent players are adopting some organic and inorganic strategies such as merger, acquisition, and expansion, among others to gain leading share in the market. Moreover, some of the leading companies are also introducing new products and focusing on technological advancements in order to offer products as per the market necessities. Research Analyst at AMA estimates that United States, Chinese, and Italian Manufacturers will contribute to the maximum growth of Global Laser Micro Perforation Equipment market throughout the predicted period.
B&B Verpackungstechnik GmbH (Germany), Coherent-ROFIN (Germany), Comexi Group (Spain), El.En. S.p.A. (Italy), AZCO Corp. (United States), Guangzhou Laisai Laser Equipment Co., Ltd. (China), Han's Laser Technology Industry Group Co., Ltd. (China), ID Technology, LLC (United States), Karlville Development, LLC (United States) and LaserPin Srl (Italy) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are LasX Industries, Inc. (United States), Maklaus Srl (Italy), MLT - Micro Laser Technology GmbH (Germany), PERFOTEC B.V. (Netherlands), Preco Inc. (United States), PTS Progressives Engineering (Thailand), Sei S.p.a (Italy), Stewarts of America, Inc. (United States), Synrad Inc. (United States) and Universal Converting Equipment (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Laser Micro Perforation Equipment market by Type (Co2 Lasers and Nd: YAG Lasers), by Application (Packing, Automotive, Electronics and Semiconductors and Others) and Region with country level break-up.
On the basis of geography, the market of Laser Micro Perforation Equipment 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).
Market Trend
- Advances Have Focused On Ancillary Technology, Such As Laser Power Control, Laser-Pulse Confirmation And In-Line Video Inspection
Market Drivers
- Benefits over Conventional Mechanical Methods for Perforation, Scoring, and Cutting of Plastic Films
- Increased the Demand for Pouch Packaging across the Industries
Opportunities
- The Rapid Growth and Technological Advancement in Emerging Economies
Restraints
- Government Norms on the Ban of Plastics
- Recyclability Issue of Plastics
Challenges
- Intense Competitive Rivalry among the Players
Key Target Audience
Laser Micro Perforation Equipment Manufacturers, Laser Micro Perforation Equipment Sub Component Manufacturers, Laser Micro Perforation Equipment Traders/Distributors, Laser Micro Perforation Equipment Importer/Exporter, Regulatory & Government Bodies, End Users and Others