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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..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

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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ATFX Launches Q1 2025 Trader Magazine: Key Insights for a Volatile Year

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HONG KONG, Jan. 7, 2025 /PRNewswire/ — As Q1 2025 begins, the global economy faces challenges from Trump’s return, central bank policies, and geopolitical shifts. Following a volatile 2024, Trump’s pro-business policies may drive growth in energy, finance, and technology, but tariffs and deregulation could disrupt supply chains and raise prices. Inflation will influence Federal Reserve rate decisions, increasing volatility. Martin Lam, ATFX’s Chief Analyst for Asia Pacific, advises investors to diversify and stay adaptable.

Mohammad Shanti, ATFX Head of Market Research & Analysis, notes the risk of inflation and trade disruptions, even as the US dollar remains strong driven by economic growth and Trump’s agenda.

In the Eurozone, weak growth and uncertainty over US tariffs complicate the outlook. Dr. Mohamed Nabawy, ATFX MENA Market Analyst, highlights that the European Central Bank may cut rates, while political instability in Germany and France adds to the uncertainty.

Nick Twidale, ATFX’s Chief Market Analyst (Australia), observes that while the Reserve Bank of Australia is maintaining steady interest rates, inflation remains a persistent concern. The Australian dollar has experienced significant declines, driven by a strong US dollar and global economic challenges, particularly those stemming from China.

The UK economy is grappling with political instability, unemployment, and a weakened housing market. However, Gonzalo Canete, ATFX Global Chief Market Strategist, believes fiscal policies from the new Labour government could support growth, with the GBP/USD potentially reaching 1.40 by 2025, depending on UK economic data and US trade policies. Meanwhile, Japan’s economy faces contraction, even with rate hikes, and the EUR/JPY may drop to 147 due to political instability in Europe.

Jessica Lin, ATFX’s Global Market Analyst (Asia Pacific), believes Trump’s policies could fuel inflation, benefiting gold as a hedge. Gold is expected to thrive in 2025, driven by central bank purchases, US rate cuts, and geopolitical risks.

The oil market may face oversupply in 2025, with non-OPEC+ production increases. Gab Santos, ATFX Market Strategist (Philippines), emphasizes risk management in this volatile environment.

Gabi Dahduh, ATFX Senior Market Analyst (MENA), notes technological advancements like Ethereum’s shift to Proof of Stake, offering both risk and opportunity. Diversification and staying informed on regulatory changes will be key.

Jason Tee, ATFX (Asia Pacific) Global Market Strategist, advised that traders must adopt a resilient mindset and strong risk management strategies. Continuous learning and adaptability will help refine strategies in this dynamic market.

In conclusion, a proactive, adaptable investment strategy is essential for navigating 2025’s uncertainty. For more insights, Download our Trader Magazine!

About  ATFX

ATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities including the UK’s FCA, Australian ASIC, Cypriot CySEC, UAE’s SCA, Hong Kong SFC and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experience to clients worldwide.

For further information on ATFX, please visit ATFX website https://www.atfx.com.

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SOURCE ATFX

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Optiple introduces Dimming Film Cell technology at CES 2025

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Enjoying anywhere – Implementing realistic images on dimmingFree design – Innovative processing technology for curved lensSaving energy – Lower power-consumption using low voltage

SEOUL, South Korea, Jan. 7, 2025 /PRNewswire/ — Optiple (CEO Inseok Hwang, Jihyung Lee), a company specializing in Dimming Film Cell, participates in CES 2025, the world’s largest consumer electronics and information technology exhibition.

Dimming is a technology that enables a more realistic screen by controlling the intensity of light. The dimming film cells are attached to AR, Smart Eyewear lenses, and when an electric signal is given, the color quickly turns dark to make images look clearer.

The demand for dimming technology is expected to increase significantly in AR, Smart Eyewear. In addition, its application is also being expanded to automotive displays and parts.

Based on GHLC (Guest Host Liquid Crystal) technology, as a total solution company from product design, application development to process technology, Optiple is currently developing products with global customers and is also actively building business cooperation partnerships. GHLC is known as the optimal dimming technology that meets market needs.

The Optiple’s key product features are as follows.

Quick response: 0.1 secLow haze: < 2%Low voltage drive: AC 1.5~10VPlastic film base, Thin & FlexibleFitting curved lenses by innovative processing Technology

Inseok Hwang, CEO of Optiple saying, “By participating in the CES 2025 exhibition, we will promote core competency technologies and applied products, and expand cooperative partnerships with global companies. Ultimately, Optiple wants to continue to be an eco-friendly company that implements less energy and eco-friendly products, and we want to become the world’s best dimming company in the AR and Smart Eyewear industries.”

About Optiple

Founded in October 2021, Optiple stands for “Optics for People” and contains the motto of “Let’s provide useful optical products for people so that everyone can fully enjoy the world in which their abilities are augmented”. in the company name. The co-founders have been in charge of research and marketing in the optical materials and film fields for over 25 years and have experienced success. Optiple is currently manufacturing a liquid crystal-based (GHLC: Guest Host Liquid Crystal) dimming film cell, and are conducting business globally.

Contact:
www.optiple.com
johnny@optiple.co.kr 

Photo – https://mma.prnewswire.com/media/2590712/Optiple____1.jpg

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Chronograph Bolsters Sales and Marketing Teams With Industry Veterans, Promotes Executive Leadership

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NEW YORK, Jan. 7, 2025 /PRNewswire/ — Chronograph, provider of the world’s leading portfolio monitoring solutions for institutional private equity limited partners and general partners, announced two key hires and one executive promotion today. The additions to the team bring a wealth of experience and to enable Chronograph’s global client base to continue to realize exceptional service and value from the company’s products.

Michael Santos joins Chronograph as Global Head of Sales after a decade of sales leadership experience with DealCloud, an Intapp Company. Santos oversaw DealCloud’s growth during its rapid expansion from 2016 through 2024, helping to scale the sales function, stand up the company’s first European office, and spearhead expansion into new markets. Prior to DealCloud, Santos held client development roles with private capital technology companies iLevel and FIS Private Capital Suite (formerly FIS Investran). Santos’ perspective and experience are set to enable the continued global expansion of Chronograph.

Simultaneously, Amanda Korporaal joins Chronograph to lead Product Marketing after eight years with Clearwater Analytics as the company scaled from growth stage to post-IPO, having helped lead client, product, and demand generation marketing teams. Korporaal will play an integral role in educating the market on Chronograph’s differentiated technology and the value delivered to Chronograph’s clients.

These new hires coincide with the promotion of Andrew Kehl to Chief Client Officer, which reflects his successful leadership in overseeing multiple teams across the entire client journey. Kehl has been an invaluable resource to Chronograph since joining in 2019 and this new title reflects his ability to achieve sustainable growth of the business and its culture through a client-centric approach. Chronograph clients can expect continuous progress and accelerated realization of value to their organizations with this array of private capital technology veterans.

Chronograph Co-Founder & CEO Charlie Tafoya remarked, “We couldn’t be more excited to welcome Michael and Amanda to the team and add to our sales and marketing arsenal as we continue to expand our global presence and lead the technology transformation of private capital markets. In parallel, I would congratulate and commend Andy’s success and look forward to working alongside him in his new role as Chief Client Officer. We’re grateful for his leadership over these past 5 years and trust our clients will further maximize the impact of their Chronograph configurations. We’re very much looking forward to diving into the new year with this group.”

Santos commented, “I am incredibly excited to join Chronograph as Global Head of Sales during this transformative period for both the company and the private capital industry. As the industry evolves, demand for comprehensive, accurate, and actionable data has become absolute and a necessity for firms seeking to stay ahead in an increasingly competitive investing landscape. Chronograph is uniquely positioned to meet this need with its innovative technology and client-centric approach. I look forward to partnering with our team and clients to drive the next phase of growth, enabling smarter decision-making, and unlocking new opportunities across the industry.”

Korporaal added, “I am thrilled to join Chronograph at such a pivotal moment. This is an exciting opportunity to collaborate with a passionate team delivering cutting-edge technology and to help strengthen our brand to drive continued growth. I look forward to leveraging my background to support Chronograph’s mission to deliver best-in-class portfolio monitoring technology to investors.”

About Chronograph

Chronograph was founded in 2016 to bring differentiated technology solutions to the private capital market. The firm’s products help institutional limited partners and general partners – including many of the world’s largest private equity and venture capital investors – streamline and automate portfolio monitoring, valuations, analytics, and reporting. The firm is backed by Summit Partners, The Carlyle Group, and Nasdaq, Inc. For further information, please visit www.chronograph.pe

Fred Bower
Chronograph
New York, New York
fred.bower@chronograph.pe

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