Punch Laser Machine Market Scope
Punch laser machines are highly robust and advanced machinery that can produce a wide range of parts and solve even the most demanding of tasks. This machine performs basic tasks such as punching, cutting, tapping, etc. on a single go. A laser is simply the best for cutting high-quality outer contours and intricate inner contours. It is only with punch laser machines that can cut into or even on formed sections that have been created with the highest precision. The new generation of servo-electric punching machines has very high flexibility in turret tooling use.
The global punch laser machine market is consolidated in nature as some major players such as Trumph, Amada, have captured the market. Moreover, most machines on the market have a punching press infrastructure with fiber laser capabilities. However, some manufacturers have developed combination machines that use a fiber laser as the backbone with added punching capabilities. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Punch Laser Machine market throughout the predicted period.
TRUMPF Group (Germany), AMADA (Japan), Murata Machinery, Ltd. (Japan), Boschert Precision Machinery (United States), Danobat Group (Spain), Prima Power (Italy), Salvagnini (Italy), LVD Company N.V (Belgium), Farley Laserlab (Australia) and Headland (Australia) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are GD Han's Yueming Laser Tech Co., Ltd (China), Jinan Hopetool CNC Equipment Co., Ltd. (China), Perfect Laser Co., Ltd. (China), Wuhan Golden Laser Co., Ltd. (China) and Meiban Engineering Technologies Pvt. Ltd. (India).
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 Punch Laser Machine market by Type (Fiber Laser Machine, CO2 Laser Machine and Solid-State Laser Machine) and Region with country level break-up.
On the basis of geography, the market of Punch Laser Machine 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 Leaders and their expansionary development strategies
In 2018, Prima Power Suzhou Co. Ltd signed the agreement for the acquisition of a 19% stake in the Chinese company Lead Laser. Lead Laser will continue to market its products under its brand, as will the division of the Prima Power Group.
In 2020, LVD introduces the Strippit PL Punch-Laser combination, a machine that combines the punching and forming advantages of the Strippit PX or V Series punch press with the speed and versatility of fiber laser cutting to complete multiple processes on a single machine.
Market Trend
- Modern Punching and Combination Machines
Market Drivers
- Growing Demand for Application in the End-use Industry such as Manufacturing and Automotive
- Increasing Need for Industrial Automation and Time Efficient Machine
Opportunities
- Growing Infrastructure, Rapid Urbanisation, and Increasing Production Capabilities across the Globe
- High Investment in Research and Development, Technological Advancements Such as CNC
Restraints
- High Cost Associated with the Machine Owing to Technological Advancement in Features
Challenges
- Requirement of Highly Skilled Labours to Operate the Machine
Key Target Audience
Punch Laser Machine Manufacturers, Components and Parts Suppliers, Potential Investors, Industrial Bodies and Associations, End-Use Industry and Others