Global market size: In 2023, the global laser welding equipment market sales reached US$1.9 billion, and is expected to reach US$4.6 billion in 2030, with a compound annual growth rate (CAGR) of 12.8% (2024-2030). This growth trend shows that the laser welding machine industry is experiencing rapid development worldwide.

2.Market competition pattern

1. Global competition: The core manufacturers in the global laser welding equipment market include Trumpf, Han’s Laser and Coherent, which occupy a certain market share in the global market. At the same time, there are many other manufacturers in the market, forming a fierce competition pattern.

2. Chinese competition: In the Chinese market, the laser welding machine industry also presents a fierce competition situation. Domestic manufacturers such as Han’s Laser and Huagong Technology have strong competitiveness in the field of laser welding machines. These manufacturers continuously improve the technical level and performance of their products through independent research and development and technological innovation to meet market demand.

3. Technology Development Level

Technological innovation: With the continuous innovation of fiber laser technology and the downward trend of prices, laser welding equipment has been significantly improved in terms of welding speed, welding depth, welding quality, etc. This has made laser welding machines widely used in more fields.

Automation and intelligence: Modern laser welding machines are developing in the direction of automation and intelligence. By integrating advanced control systems and sensor technology, laser welding machines can achieve more efficient and precise welding operations while reducing operating difficulty and labor costs.

4. Application fields and market demand

Wide application fields: Laser welding machines are widely used in various industries such as medical, communications, automobiles, and consumer electronics. Especially in the field of automobile manufacturing, laser welding machines have become an important tool for improving production efficiency and product quality.

Market demand continues to grow: With the transformation and upgrading of the manufacturing industry and the continuous advancement of technology, the market demand for laser welding machines continues to grow. Especially in high-end manufacturing fields such as new energy and aerospace, the application prospects of laser welding machines are broader.

5. Industry development trend

Technological innovation and upgrading: In the future, the laser welding machine industry will continue to increase its technological innovation and upgrading efforts to improve the technical level and performance of products. In particular, more advanced laser welding technologies and equipment will be developed for welding needs of difficult materials and complex structures.

Market expansion and deepening: With the global development of the manufacturing industry, the laser welding machine industry will actively expand domestic and foreign markets. At the same time, more customized products and services will be provided for the personalized needs of different fields and customers.

Greening and environmental protection: With the global emphasis on environmental protection and sustainable development, the laser welding machine industry will also pay more attention to greening and environmental protection. Through measures such as optimizing production processes and reducing waste emissions, a more environmentally friendly production method can be achieved.

In summary, the laser welding machine industry is in a stage of rapid development, the market scale continues to expand, and the competition landscape is becoming increasingly fierce. In the future, with the continuous advancement of technological innovation and upgrading and the deepening of market expansion, the laser welding machine industry will usher in a broader development prospect.