Laser processing market

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The Future – Laser Additive Manufacturing (3d Laser Printing) Laser additive manufacturing (LAM) is an innovative technique, initially developed to manufacture models and prototypes but now also used for in-production machine parts. The process is majorly used for metals, however it can also be used for polymers and also for edible materials. Unlike the traditional manufacturing technique, which uses a sheet or a block of metal to carve out a machine part, LAM uses laser power to melt a layer of powered metal. This is done several thousand times thereby by adding multiple layers to form an object. Thus it is called additive manufacturing. Using LAM, one can manufacture object with any shape and complexity. For more complex objects such as fuel injection parts which have microscopic holes, high precision lasers are used. The additive manufacturing process is viewed as a high potential process due to the cost effective and environment friendly solutions it provides to the manufacturer. Since it is an additive procedure, practically, there is a zero loss of raw material. Apart from being cost effective, it is a high speed process. The laser scan heads move at a tremendous speed which adds a material layer in a blink of an eye. LAM techniques are not only being adopted by the machine part manufacturer, but also by the healthcare segment. The process is being tested for manufacturing prosthetic body parts, dental caps, dental crowns, and artificial tooth. Browse: - 90 market data Tables – 33 Figures – 240 pages and in-depth Table of Content on “Laser Processing Market“

http://www.marketsandmarkets.com/Market-Reports/laser-processing-market-1062.html However, the flip side is the lack of technical expertise and LAM facilities across the globe. These two factors are proving to be the major restraint for LAM process. Change is necessary; but difficult. Many technology promoters are seeing the huge potential, but are failing to penetrate it due to the resistance from manufacturers. All is not for a losing cause though. Many top OEM manufacturers such as BWM and Boeing have setup in-house innovation centre which are constantly in pursuit of mastering the additive manufacturing technology. Many other OEMs are expected to follow the trend. Thus it can be concluded that though, LAM has immense potential; it has a long way to go before it is being integrated with the mainline manufacturing processes. The laser processing market report deals with all the types of material processes which has migrated from the mechanical procedures to the laser procedures. One of the main reason for this


shift is the high speed, high accuracy, and low cost advantage of lasers over mechanical tools. Such characteristics prove decisive for the bottom line since they help to ramp up the production without incurring very high costs. Also, the increased efficiency helps to increase the throughput for a typical manufacturing company. The report is aimed at identifying the entire market of lasers for the material processing purpose which includes applications from verticals such as; architecture, aerospace, automotive, commercial, consumer electronics, general machine tooling, and semiconductor & electronics. Along the datasets fro above mentioned verticals, the report also includes their segmentation by various processes and geographic regions. The report covers the overall market and sub-segment markets through extensively detailed classifications, in terms of – revenue and ASPs. The market is divided as per five basic parameters: technology, process, machine configuration, vertical, and geography. Given below is the detailed explanation of the segments: By Technology: The report focuses on the major laser oscillator technologies such as CO2 lasers, excimer lasers, solid state lasers, fiber lasers, and semiconductor lasers. The section includes segmentation of laser technologies by various processes. Along with the revenue, $ per watt value of each laser type is discussed in the segment. By Process: In this section, the entire Laser Processing Market is segmented into five major processes: cutting, drilling, marking & engraving, micro-processing, and advanced processing. First three processes are the major contributors to the market, whereas, latter two are the emerging processes. The market data for each type of process is given with respect to industry verticals and applications. By Machine Configuration Three machine configuration types; moving material, flying optics, and hybrid types are considered for the analysis. Each type is defined and the analyzed based on the market drivers and market restraints. By Vertical As mentioned above, six types of verticals are considered for the analysis: architecture, aerospace, automotive, commercial, consumer electronics, general machine tooling, and semiconductor & electronics. The report includes a cross segmentation datasets consisting of processes market by technology and processes market by verticals. This gives an in-depth view of the market and helps to differentiate high volume sales, saturated technology from the fast growing technology.


By Geography: The market is geographically segmented into North America, Europe, APAC and ROW, which gives a detailed insight about the potential and emerging regions of the laser processing market. APAC is further segmented into China, Japan, South Korea, and Rest of the APAC. Apart from the market segmentation, report also includes the critical market data showing the price trend analysis for each technology type, Porter’s five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities.

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