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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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3 Easy Ways to Save on Payroll Software in 2025

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New survey results from Halfpricesoft reveals key tricks businesses across America have been using to maximize efficiency.

REDMOND, Wash. , Jan. 7, 2025 /PRNewswire/ — With inflation, “shrinkflation,” and corporate price hikes since the pandemic, small businesses are being squeezed by big tech companies into ever-smaller margins. Large coastal tech providers continue raising prices on even the most basic payroll software features, leaving small businesses and bookkeepers to foot the bill.

 

Business experts at Halfpricesoft have spent thousands of hours talking with small businesses from Iowa to Idaho to learn how they are surviving these unprecedented times. From cutting overhead costs to running more effective acquisition campaigns, they found that one of the biggest unnecessary expenses is overpaying for tech products—particularly payroll software. Business owners and accountants shared stories of per-employee fees exceeding $10 and steep charges for adding new companies.

Fixed Price for Employees

The fastest way to save money on payroll is to pick software with a fixed price rather than per-employee charges. Many major providers charge double digits per additional employee, which quickly drives up costs. Instead, choose solutions that offer a fixed rate, regardless of the number of employees.

ezPaycheck, an unlimited-employee payroll solution from Halfpricesoft, does exactly that. With unlimited employees and unlimited checks, bookkeepers, CPAs, and business owners have saved as much as 90% by switching from larger competitors. By focusing on fewer (but essential) features and streamlining development, ezPaycheck has been sold and supported continuously since 2005.

https://www.halfpricesoft.com/index.asp

Accurate, Updated Tax Withholding

One of the most common (and costly) mistakes businesses make is using payroll software that overestimates withholding. When employers send excess funds to the IRS and state governments on behalf of employees, it ties up capital that could otherwise be reinvested into the business.

The key to scaling a  small business or CPA firm is efficient capital allocation, making any significant overpayment of taxes a major liability. Some payroll software, to avoid underpayment, will drastically overcalculate withholdings or fail to handle state tax rates correctly.

Halfpricesoft takes pride in ezPaycheck’s accuracy and rapid updates. Whenever new tax laws or rate changes are announced, ezPaycheck and ezAccounting are updated promptly—often faster than many other solutions on the market. This commitment to accuracy and ease of use explains why ezPaycheck boasts one of the highest customer retention rates in the industry.

Quick Technical Support

Small businesses are often overlooked by larger companies, even when paying thousands of dollars in annual fees. When payroll errors or calculation issues arise, major providers tend to prioritize their biggest clients, leaving smaller businesses with delayed or inadequate support. This oversight can lead to tax penalties and costly mistakes.

ezPaycheck stands out in the payroll market for its fast, attentive support—especially when W-2 and 1099-MISC forms are due at the end of January. During these peak periods, support hours extend to over 12 hours a day, ensuring quick response times. From remote desktop troubleshooting to detailed phone consultations, Halfpricesoft focuses on customer success as one of its guiding principles. Only when small-business partners succeed can a payroll company truly grow.

Conclusion

With a 30 day free trial  and only $169 for an annual license, businesses owners and CPAs are encouraged to try ezPaycheck. With after the fact checks, 941 e-filing, check printing, and misc checks, ezPaycheck is the best payroll software for small businesses who want to scale affordably.

https://www.halfpricesoft.com/index.asp

Halfpricesoft.com is a leading provider of small to mid-size business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software,1095 form software and ezACH direct deposit software. Software from halfpricesoft.com is trusted by customers for over 20 years and will allow US business owners to simplify payroll processing and streamline business management.

 

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Siemens launches new program to empower startups with cutting-edge technology

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Siemens for Startups program to streamline the collaboration process and facilitate partnerships with new innovative companiesSiemens to collaborate with Amazon Web Services (AWS) to deliver access to Siemens Xcelerator ecosystem and accelerate innovation at startups

MUNICH, Jan. 7, 2025 /PRNewswire/ — Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes and scale faster by providing venture-related services, while reducing the cost of access to Siemens software and hardware.

“Startups are essential to making our customers more competitive, sustainable and resilient. By collaborating with startups, Siemens helps bring breakthrough ideas to industries faster, empowering customers to address global challenges more effectively with cutting-edge technologies, tools and solutions,” said Peter Koerte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer. 

The Siemens for Startups program has three pillars:

Connect 
The new program will help onboard startup companies to the Siemens Xcelerator marketplace, thus providing access to a global go-to-market channel and the Siemens Xcelerator ecosystem.Collaborate 
As an early customer and co-developer, Siemens will collaborate with leading startups through venture clienting. This approach will give Siemens access to cutting-edge capabilities and services and provide startups with the early revenue needed for growth.Empower
Solutions from the “Siemens for Startups” program will provide startups – whether focused on product development or on software development – with packaged access to essential software tools from Siemens Xcelerator.

Partnership with AWS

As part of its ongoing strategic collaboration with AWS, Siemens will link the “Siemens for Startups” program with AWS’s Startup program to accelerate innovation, streamline development processes and enable startups to scale faster. The collaboration underscores both companies’ commitment to fostering entrepreneurship and driving digital transformation in the industrial sector.

“Collaborating with Siemens allows us to extend the capabilities of our AWS Startup program to a new generation of innovators in the engineering and manufacturing space,” said Jon Jones, Vice President and Global Head Startups at AWS. “By providing startups with advanced software, generative AI and cloud services, AWS and Siemens are enabling them to bring their ideas to life more quickly and boost entire industries with cutting-edge solutions.”

Integrating Siemens’ comprehensive suite of industrial software – including design, simulation and manufacturing solutions from the Siemens Xcelerator portfolio – into AWS’s scalable cloud infrastructure and startup program will enable startups to access the tools and resources they need to seize market opportunities. For technical and go-to-market support, qualifying startups will receive AWS credits, business development resources and access to the AWS Activate program.

Showcasing startups

At CES 2025, Siemens highlighted the following startup companies that are collaborating with Siemens’ teams and technology to scale operations.

Arkisys is building one of the first business platforms in space for new technology hosting, satellite integration, assembly and resupply. The Arkisys Port supports scalable rapid prototyping, new payload and technology testing, the assembly and integration of new free-flying space platforms and destinations for orbital transfer vehicles, and on-orbit assembly and manufacturing.Dirac, a Siemens Technology Partner, is a leader in automated manufacturing workflow software, revolutionizing American manufacturing with innovative solutions that bridge the gap between design and production. Its flagship product, BuildOS, is the first automated work instruction platform, using physics-based simulations and manufacturing best practices to automatically generate animated, interactive, 3D assembly-ready work instructions directly from CAD models. BuildOS enables companies to seamlessly transition from design to production while retaining critical tacit knowledge, aggregating and contextualizing it within the design process. As a Technology Partner working alongside Siemens, Dirac has been able to drive enormous value across the Automotive and Aerospace & Defense industries.EthonAI is developing the EthonAI Manufacturing Analytics System (MAS), a powerful software suite designed to achieve operational excellence at scale. The MAS creates a common context across disparate factory data sources, analyzes data using the latest AI techniques, and makes the results accessible through a suite of interoperating applications. The applications within the MAS are specifically tailored to improve operational KPIs such as quality, throughput, uptime, costs and sustainability. Customers using EthonAI have achieved waste reductions of over 50 percent.Haddy is revolutionizing furniture manufacturing with advanced 3D printing and robotics, producing high-quality, sustainable products at a low cost and on a commercial scale. Haddy is building a global network of local micro-factories equipped with hybrid Flexbot systems from CEAD and recycling units that shorten the supply chain and help the environment by reducing waste.Instrumental technology automates failure discovery and root cause analysis in electronics manufacturing — accelerating new product development and improving yield in production. Easy-to-use workflows enable engineers to do failure analysis 100x faster.Tended uses geospatial data and wearable technology to transform the safety of high-risk work environments. The solution provides organizations with enhanced visibility over onsite operations to quickly identify and correct unsafe actions. A high degree of accuracy helps to ensure people, plant and equipment are in the right place at the right time, helping to prevent near misses and accidents.

More information about Siemens for Startups is available at www.siemens.com/startups

This press release is available at:
https://sie.ag/2vXqqh

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Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. 

In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

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Tech Mahindra Tops India and Achieves Second Place Globally in the S&P Dow Jones Sustainability Indices 2024 for TSV IT Services Segment

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PUNE, India and NEW YORK, Jan. 7, 2025 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, has announced its recognition as a global sustainability leader by S&P Dow Jones Sustainability Indices (DJSI) 2024, one of the world’s most renowned indices for ESG (Environmental, Social & Governance). DJSI has ranked Tech Mahindra as 1st in India and 2nd globally, with an impressive score of 88 and 100 percentile in the ‘TSV IT services’ segment, highlighting the organization’s unwavering commitment to advancing sustainability across its businesses globally.

The TSV IT services segment comprises three divisions: data processing and outsourced services, internet services and infrastructure, and IT consulting & other services. The announcement follows the recent results of the annual Dow Jones Sustainability Indices rebalancing and reconstitution, marking Tech Mahindra’s inclusion in the DJSI World Index and DJSI Emerging Markets for the tenth consecutive year. The DJSI World Index represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index (BMI) based on long-term economic, environmental, and social criteria.

Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said, “In a rapidly changing world, organizations must commit to sustainability and resilience, ensuring our actions today pave the way for a better tomorrow. Tech Mahindra is proud to celebrate its inclusion in the prestigious Dow Jones Sustainability Indices for the 10th consecutive year. This sustainability milestone is a testament to our commitment to a greener future and reflects our unwavering commitment to environmental responsibility, social impact, and ethical practices.”

Tech Mahindra’s sustainability initiatives are committed to creating a positive environmental impact and achieving ambitious targets, including Net Zero by 2035, Carbon Neutrality by 2030, and attaining 90% renewable energy sourcing by 2030. The organization also aims to become water-positive by 2030 and ensure 100% Zero Waste to Landfill certification across all owned facilities.

Through the implementation of an internal carbon pricing mechanism, Tech Mahindra drives strategic investments in renewable energy, green buildings, and energy-efficient technologies. This reinforces Tech Mahindra’s position as a global leader in sustainability, committed to creating lasting value for its stakeholders and the planet.

For more information on the Dow Jones Sustainability World Indices components, click here.

For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com/

Tech Mahindra’s Social Media Channels: Facebook, X, LinkedIn and YouTube

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