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Robotic Laser Cutting Market to Grow by USD 129 Million (2024-2028), Driven by Enhanced Laser Tech and Increased Productivity, AI-Powered Market Evolution Report by Technavio

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NEW YORK, Aug. 26, 2024 /PRNewswire/ — The global robotic laser cutting market size is estimated to grow by USD 129 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.76%  during the forecast period. Increased productivity with improved laser technology is driving market growth, with a trend towards IoT and industry 4.0.However, lower least count of accuracy of robotic laser cutting  poses a challenge. Key market players include ABB Ltd., AMADA Co. Ltd., Amdoit Technologies Pvt. Ltd, BLM S.P.A., Chutian Laser, Daihen Corp., DIVINE TECHNO ENGINEERS, FANUC Corp., HGLaser Engineering Co. Ltd., Jenoptik AG, KUKA AG, Laser Photonics, MIDEA Group Co. Ltd., Precitec GmbH and Co. KG, Productive Robotics Inc., Shape Process Automation, SHFULAI, Spark Robotic, Staubli International AG, Suresh Indu Lasers Pvt Ltd., VP Synergic Weld Solutions Pvt Ltd., and Yaskawa Electric Corp..

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Robotic Laser Cutting Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 14.76%

Market growth 2024-2028

USD 129 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.52

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 68%

Key countries

China, Japan, US, South Korea, and Germany

Key companies profiled

ABB Ltd., AMADA Co. Ltd., Amdoit Technologies Pvt. Ltd, BLM S.P.A., Chutian Laser, Daihen Corp., DIVINE TECHNO ENGINEERS, FANUC Corp., HGLaser Engineering Co. Ltd., Jenoptik AG, KUKA AG, Laser Photonics, MIDEA Group Co. Ltd., Precitec GmbH and Co. KG, Productive Robotics Inc., Shape Process Automation, SHFULAI, Spark Robotic, Staubli International AG, Suresh Indu Lasers Pvt Ltd., VP Synergic Weld Solutions Pvt Ltd., and Yaskawa Electric Corp.

Market Driver

The integration of IoT and Industry 4.0 technologies is a significant trend in the global robotic laser cutting market. These innovations enable seamless connectivity, data exchange, and intelligent decision-making, improving system efficiency, flexibility, and performance. Smart sensors and monitoring devices in robotic laser cutting equipment collect real-time data on temperature, vibration, and energy consumption. Predictive maintenance algorithms use this data to anticipate and address potential issues, reducing downtime and increasing system uptime. IoT-enabled systems can link to larger manufacturing networks, facilitating dynamic production scheduling, adaptive process optimization, and real-time decision-making. Data analytics and artificial intelligence derive actionable insights from performance data and production metrics, optimizing cutting parameters and improving process efficiency and product quality. The convergence of IoT, Industry 4.0, and robotic laser cutting technology is driving the growth of the global market, promising a new era of smart, connected manufacturing. 

The robotic laser cutting market is experiencing significant growth in various industries, including fabrication and energy. Robotic laser systems are revolutionizing metal fabrication by providing precision cutting applications for aluminum, composites, and other lightweight materials. This technology is also making strides in the energy industry for fuel efficiency and emissions reduction. Improved laser technology, such as YAG cutting machines, is enabling the processing of both metal and non-metal materials. Key trends include drilling holes for semiconductors, endoscopy, and automotive components like body panels, door modules, hoods, and fuel tanks. Aerospace and defense are also adopting this cutting-edge technology for manufacturing complex parts. Innovation hubs and research institutions continue to drive technical achievements through the use of infrared laser beams, mirrors, nozzles, and advanced optics. The future of robotic laser cutting lies in automation and precision, making it an essential tool for businesses seeking to stay competitive. 

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Market Challenges

The robotic laser cutting market offers significant flexibility for various industries, but faces a challenge from five-axis laser cutting machines in terms of accuracy. Five-axis machines have linear axes for the first four and rotational axes for the last two. This design reduces positional errors in the Z-direction, enhancing precision. In contrast, robotic arms with six axes have an articulated design, where deviations from the first axis accumulate, affecting end effector (EOAT) precision. A historical error of +-5 mm at the EOAT has been reduced to the least count of +-0.05 mm due to advancements in control modules and software. However, this accuracy lags behind the +-0.01 mm least count in five-axis laser cutting machines. Although improvements in control technology are expected to address this issue during the forecast period, it remains a significant hurdle for the global robotic laser cutting market.The Robotic Laser Cutting Market is experiencing significant growth due to the increasing demand for automation in various industries. Precision cutting applications, particularly in automotive and aerospace sectors, are driving this trend. Improved laser technology, such as YAG Cutting Machines and high-power lasers, enables the processing of metal and non-metal materials with micron-level accuracy. YAG Cutting Machines and CO2 lasers are popular choices for metal processing operations, allowing for the production of automotive components, body panels, door modules, hoods, and fuel tanks. In the non-metal sector, laser cutting is used for drilling holes in various materials, including carbon, for endoscopy equipment and consumer electronics. Robotics, artificial intelligence (AI), and machine learning are essential components of modern laser cutting systems. Industrial robots, robot controllers, robotic arms, and material positioners ensure robust structure and precise operational accuracy. The aviation industry and metal processing sector are major consumers of high-power lasers, while rare earth elements are crucial for the production of YAG Cutting Machines. The automotive segment is a significant market for laser cutting due to its versatility and ability to process various materials efficiently. Kitchenware and electronic components are also common applications, with laser cutting offering advantages in terms of operational efficiency and cost savings.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This robotic laser cutting market report extensively covers market segmentation by  

End-user 1.1 Automotive Industry1.2 Metal Industry1.3 Aerospace Industry1.4 OthersType 2.1 CO2 Laser Cutting Machine2.2 Fiber Laser Cutting Machine2.3 YAG Cutting MachineGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Automotive Industry-  The automotive industry is experiencing significant shifts in production processes, with labor-intensive tasks becoming increasingly burdensome for human workers. As automotive companies’ profit margins rise, there is a growing focus on optimizing facilities and enhancing production through automation. With increasing labor costs in major automotive markets like Japan, Europe, and the US, automakers are turning to automation. Robotic laser cutting is a key technology in this regard, enabling the mass-production of complex vehicle body components with high precision and efficiency. This technology is particularly valuable for cutting ultra-high tensile steel sheets, which have become increasingly popular due to their high strength and ability to reduce vehicle weight and improve fuel mileage. Additionally, robotic laser cutting offers flexibility in handling hydroformed parts, making it an attractive solution for automotive manufacturers. The technology is used for cutting various components, including edges, door panels, interior panels, and airbags, and its high-speed capabilities contribute to cost and time savings. These factors are expected to fuel the growth of the robotic laser cutting market in the automotive industry during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Robotic Laser Cutting market is experiencing significant growth due to the increasing demand for automation in various industries. Improved laser technology has enabled the use of YAG cutting machines for micron-level precision and accuracy in cutting a wide range of materials. Industrial robots, robot controllers, robotic arms, and material positioners are essential components of robotic laser cutting systems, ensuring versatility and sturdy construction for continuous operation. These systems offer numerous advantages, including increased productivity, reduced labor costs, and improved product quality. With the ability to cut various materials, including metals, plastics, and composites, robotic laser cutting is an indispensable technology for modern manufacturing processes.

Market Research Overview

The robotic laser cutting market is experiencing significant growth due to the increasing demand for automation in various industries. Precision cutting applications in metal and non-metal materials have become essential in sectors like automotive, aerospace and defense, and fabrication. Improved laser technology, such as YAG Cutting Machines and high-power lasers, enables processing of metals and rare earth elements with micron-level accuracy. Robotic systems, including industrial robots, robot controllers, robotic arms, and material positioners, are integral to these operations. YAG Cutting Machines and CO2 lasers are popular choices for metal processing operations, while carbon and composites are processed using robotic laser systems. Drilling holes, endoscopy, and fabrication of automotive components, body panels, hoods, fuel tanks, and aerospace parts are common applications. The aviation industry and energy sector also benefit from the sturdy construction and precise operational accuracy of these systems. Robotic laser cutting offers versatility and fuel efficiency, reducing emissions and increasing operational efficiency. Innovation hubs and research institutions continue to push the boundaries of this cutting-edge technology, incorporating artificial intelligence (AI) and machine learning into robotic laser systems. Applications extend to industries like milling, water jet cutting, plasma cutting, and processing lightweight materials such as aluminum and composites. Semiconductors and consumer electronics also utilize laser cutting for their intricate components.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userAutomotive IndustryMetal IndustryAerospace IndustryOthersTypeCO2 Laser Cutting MachineFiber Laser Cutting MachineYAG Cutting MachineGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Supreme Court Justice Michelle O’Bonsawin Joins Elementary Students for Live Virtual Q&A and Chapter One Storybook Reading on Sep. 24

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The Honourable Justice Michelle O’Bonsawin, the first Indigenous person appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A on September 24, from 1:00-2:15 pm ET, following a reading of the children’s storybook, “Daanis the Judge.” This event is hosted by Chapter One, a children’s literacy charity, to commemorate the National Day for Truth and Reconciliation. Lawyer Victoria Perrie, writer of “Daanis the Judge,” will read aloud the inspiring story, which is based on Justice O’Bonsawin’s remarkable journey. Illustrator EJ Miller-Larson will join Justice O’Bonsawin and Perrie in a moderated Q&A session with over 1900 elementary students.

TORONTO, Sept. 21, 2024 /PRNewswire-PRWeb/ — The Honourable Justice Michelle O’Bonsawin, the first Indigenous person to be appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A following a live online reading of the original children’s storybook “Daanis the Judge,” on September 24, from 1:00-2:15 pm ET. The event will be hosted by Chapter One to mark the National Day for Truth and Reconciliation. Chapter One is a children’s literacy charity that provides 1:1 high-impact reading tutoring and co-creates original storybooks with participating communities nationwide.

“I am very humbled and proud to be a part of the book, “Daanis the Judge.” My hope is that this book will inspire youth to dream big and know that anything is possible. I am evidence of that!” – Justice Michelle O’Bonsawin

Métis-Cree lawyer Victoria Perrie, who wrote “Daanis the Judge,” will lead the live reading. Students will ask questions during a moderated Q&A with Justice O’Bonsawin, Perrie, and illustrator EJ Miller-Larson, of the Fond du Lac Band and Oneida Nation.

“Daanis the Judge” was inspired by Justice O’Bonsawin’s trailblazing career. It tells the story of a young student, Daanis, who dreams of becoming a judge after learning about Justice O’Bonsawin’s achievements.

The story is part of Chapter One’s growing collection of original children’s e-storybooks, co-created with Indigenous writers, illustrators and communities. The e-storybooks celebrate Indigenous experiences and perspectives, and feature audio clips of Elders pronouncing foundational words in their communities’ first languages. All e-storybooks are provided for free through the Global Free Library.

About Chapter One

Chapter One (chapterone.org/ca) is a global nonprofit and registered Canadian charity that provides one-on-one early literacy tutoring programs to 2,300 children in eight provinces and territories across Canada. Its proven “short burst” high-impact tutoring approach—five-minute sessions, three to five times a week—is ideally suited to young children’s attention spans and aligns with the Science of Reading. In one of the largest randomized control trials conducted on early literacy instruction, researchers from Stanford University found that 7 out of 10 students receiving Chapter One high impact tutoring achieved phonics benchmarks by the end of Kindergarten, compared to 32% in the control group.

Children at risk of reading failure receive 1:1 reading support from trained, paid paraprofessional tutors through Chapter One’s online reading platform and custom software. Programs are delivered in-person and virtually in classrooms through agreements with schools and school boards, and at home on families’ smartphones, connecting struggling readers with individualized reading support—regardless of location and circumstance, even in some of the most geographically remote communities in Canada.

In addition to its tutoring programs, Chapter One collaborates with Indigenous communities to co-create children’s stories that represent the communities’ priorities and experiences and advance language revitalization efforts. The e-storybooks are provided for free online, as part of the Global Free Library.

Event details

The Live Virtual Q&A and Reading of “Daanis the Judge” with the Honourable Justice O’Bonsawin takes place on Tuesday, September 24, from 1:00-2:15 pm ET via Zoom. The event is open to elementary classes (Grades 1-6). Teachers/principals must register their classes in advance using this link.

Media Contact

Denise Orosa, Chapter One Canada, 1 4374224825, denise.orosa@chapterone.org, chapterone.org/ca

View original content to download multimedia:https://www.prweb.com/releases/supreme-court-justice-michelle-obonsawin-joins-elementary-students-for-live-virtual-qa-and-chapter-one-storybook-reading-on-sep-24-302254639.html

SOURCE Chapter One Canada

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PEAC Institute Launches “24 Hour Pause for Peace: A Global Concert”

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24 Hour Pause for Peace Will Be the Largest Peace Initiative Ever Worldwide, Unifying 96 Countries on Six Continents Through Music

MONTCLAIR, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — On this International Day of Peace, PEAC Institute, part of the 2017 Nobel Peace Prize winning team, has launched “24 Hour Pause for Peace: A Global Concert,” the largest peace initiative ever organized worldwide through music.

“Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.”

On October 4, 2025, this ground-breaking program will activate a massive network of youth ensembles that spans 96 countries and territories across six continents and host two 24-hour commercial festivals featuring some of the biggest acts in music and entertainment. This extraordinary day-long event will be live-streamed globally, allowing millions to participate simultaneously.

“It has been 40 years since Live Aid and We Are the World historically unified and changed the world through music,” said Rebecca Irby, president and CEO of PEAC Institute. “With our planet riddled with post-pandemic fatigue, climate chaos, unsettling wars and more, we believe it is time to create a new trajectory for humanity by inviting everyone around the globe to a 24 hour pause for peace to enjoy the sounds of music and feel the transformative power of human connection,” Irby explained.

Additionally, 24 Hour Pause for Peace plans to amass more than 100 million ambassadors to sign an appeal to the United Nations calling for a 24 hour ceasefire during the children’s concerts and commercial music events. All countries are welcome to participate with no exceptions. One of Pause for Peace’s core beliefs is everyone has the right to be equally respected and heard, particularly in collectively calling for peace.

“Achieving this ambitious global endeavor requires the support and participation from the most impactful brands, organizations, and influential leaders, artists and celebrities,” said Jennifer McKenna, 24 Hour Pause for Peace CEO.

Pause for Peace is a $165 million global initiative. Currently, it is in its first phase of raising seed capital through consumer brand-aligned sponsorships and private donors. Funding for the program is tax-deductible through PEAC’s 501(c)(3) status.

“We have assembled an exceptional executive team of change agents in entertainment, production, consumer marketing, charitable development and global security to make this extraordinary, worldwide peace event happen.” McKenna added. “Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.” To become involved in 24 Hour Pause for Peace: A Global Concert as a sponsor, partner or donor, sign up to be an Ambassador, or for more information, go to www.24hourpauseforpeace.org.

About PEAC Institute

PEAC Institute is a 501(c)(3) nonprofit organization based in the United States. PEAC stands for peace, education, art and communication. It was formed in 2016 through a campaign with partner organization, International Campaign to Abolish Nuclear Weapons (ICAN), which garnered a 2017 Nobel Peace Prize. PEAC now holds special consultative status with the Economic and Social Council of the United Nations and has a global presence working with countries and territories worldwide to reach the most marginalized youth through art and communication activities to help them explore and express. For more information on PEAC Institute, go to www.peacinstitute.org.

Media Contact

Chadwick Boyd, Pause for Peace, 1 4046060611, chadwick@24hourpauseforpeace.org, www.24hourpauseforpeace.org

View original content to download multimedia:https://www.prweb.com/releases/peac-institute-launches-24-hour-pause-for-peace-a-global-concert-302254527.html

SOURCE Pause for Peace

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Global Times: China opens 12 nuclear research facilities to global scientists

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The involved facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

VIENNA, Sept. 21, 2024 /PRNewswire/ — China will open 12 nuclear research facilities and testing platforms to international scientists and institutions to enhance global cooperation, a senior Chinese official said here on Monday.

These include the China Advanced Research Reactor, the new-generation tokamak device Huanliu-3, and the Beishan Underground Research Laboratory, Liu Jing, vice chairman of the China Atomic Energy Authority (CAEA), said at a meeting on the sidelines of the International Atomic Energy Agency’s (IAEA) annual general conference.

The facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

Monday’s meeting, themed “Share for Development,” was organized by the CAEA to promote international cooperation in nuclear technology research and development, as China marks the 40th anniversary of its accession to the IAEA.

Yu Jianfeng, chairman of China National Nuclear Corporation, said at the event that the company aims to deepen cooperation with the IAEA and expand international collaboration. He expressed hope that opening China’s nuclear research facilities will contribute to advancing nuclear technology globally.

IAEA’s Deputy Director General Mikhail Chudakov commended China’s remarkable achievements in nuclear energy development and highlighted the long-standing, fruitful relationship between the IAEA and the CAEA.

Welcoming China’s decision to open up more of its nuclear research and development facilities, Chudakov said the move will further strengthen the agency’s technical capacity to support its member states.

On Monday evening, the CAEA and China’s permanent mission to the United Nations (UN) and other international organizations in Vienna jointly held a reception at the UN headquarters in Vienna to celebrate the 40th anniversary of China’s accession to the IAEA. More than 200 participants, including IAEA representatives and foreign envoys to Vienna, attended the event.

Li Song, China’s permanent representative to the UN and other international organizations in Vienna, said at the reception that China and the IAEA have expanded practical cooperation and jointly promoted the development of nuclear energy over the past 40 years.

China, he said, will continue to strengthen collaboration with the IAEA and its member states to address emerging challenges in international security, safeguard the global non-proliferation regime, and promote the use of nuclear energy and technology for the benefit of the Global South.

At the reception, Liu, Li and IAEA Director General Rafael Grossi jointly unveiled a bronze statue of Qian Sanqiang, a renowned Chinese nuclear physicist and one of the founders of China’s nuclear industry.

The statue, donated by China, will be permanently displayed at the IAEA headquarters, alongside sculptures of Polish-French physicist Marie Curie and other prominent figures who have made significant contributions to the peaceful use of nuclear energy.

Contact: xutianshu@globaltimes.com.cn

View original content:https://www.prnewswire.com/news-releases/global-times-china-opens-12-nuclear-research-facilities-to-global-scientists-302254830.html

SOURCE Global Times

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