The global laser plastic welding market
is prognosticated to witness a healthy growth in the forthcoming years,
as reported by Transparency Market Research (TMR). The market’s
competitive ecosystem is expected to witness stiff competition among the
different players in the forthcoming years, ascribed to the mounting
potential of the welding industry. Some of the prominent players in the
global laser plastic welding are Rofin Sinar Technologies Inc., TRUMPF
GmbH + Co. KG, Ltd, LPKF Laser & Electronics AG, Jenoptik AG,
Emerson Electric Co., and Nippon Avionics Co., Ltd., among several
others.
The vendors operating in the global laser
plastic welding market are expected to engage in diverse strategies in
ordered to gain prominence in the market, such as expansion to
unexplored regions, partnerships, collaborations and mergers and
acquisitions. Market players are additionally focused on the
introduction of novel technological advances in order to differentiate
their offering from the competition.
As reported by TMR, the global plastic
welding market, which was evaluated to be at US$ 758.9 mn in 2016, is
predicted to reach US$ 1,543.2 mn by 2015. Over the forecast period of
2017 to 2025, the global plastic welding market is anticipate to expand
at an 8.3% CAGR.
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Among the different types, the segment of
integrated systems is expected to gain momentum and hold a higher share
of the global plastic welding market in terms of volume. In terms of
end-use, the automotive industry segment held nearly 49% of the market
in 2017, and is expected to gain impetus over the forecast period.
Geography-wise, Asia Pacific held a key share of roughly 42% of the
global laser plastic welding market in 2017, and is expected to gain
even more prominence over the duration of forecast.
Surge in Adoption of Transmission Laser Welding to Augment Demand
Transmission laser welding is by a wide
margin the more typical type of laser method for this application. Since
the weld is between the two covering plastics, the surface has a
flawless wrap up. The bar is transmitted by the straightforward plastic
to finish everything and afterward consumed by the lower plastic layer,
which warms up and exchanges the warmth to the upper layer, where the
two liquid polymers blend and harden into one liquefy. In the event that
the plastics are free of fillers and shades, the laser will enter a
couple of millimeters into the material. The retention coefficient can
be expanded by methods for added substances, for example, colors or
fillers, which assimilate and reverberate straightforwardly at the
laser’s photon vitality or which scramble the radiation for more
successful mass ingestion.
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