Infinium Global Research added Latest Research Report titled “Laser Welding Equipment Market by Manufacturers, Regions, Product Type and Application, Forecast to 2024” to its Large Report database.

Pune, India -- (SBWire) -- 11/14/2018 --The main objective of this report is to define, describe, and forecast the global "Laser Welding Equipment" market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report the global laser welding equipment market is projected to grow at a healthy CAGR of over the forecast period of 2018-2024.

Download Sample Copy of Laser Welding Equipment Market @ https://www.infiniumglobalresearch.com/reports/sample-request/1781

Trumpf Acquired Majority Stake in Access Laser Co.

In January 2018, DITZINGEN, Machine tool and laser systems developer Trumpf GmbH & Co. KG has acquired an 85 percent stake in CO2 laser developer Access Laser Co.With this acquisition, Trumpf aims to integrate a part of the extreme ultraviolet (EUV) technology supply chain. Access' lasers are used to fabricate microchips in EUV lithography, where the light generated by the low-power CO2 lasers serves as a beam source deployed together with Trumpf laser amplifiers in EUV systems

Rising demand of laser welding equipment in automotive industry, promote the growth of laser welding equipment market

Laser welding application vastly used in exotic applications such as laser engraving, where no other welding method is suitable. Nowadays, laser welding is a well-developed part of the metalworking industry which routinely producing welds for common items like fuel injector nozzles, medical tools battery, pacemaker cans, and aircraft engines. Growing demand for laser welding equipment in automotive and medical sector drives the growth of laser welding equipment market. Additionally, laser-welding equipment is also used in various industries such as electronics, jewelry, and machine tool. Moreover, the features offered by mobile welding equipment such as mobility and the flexible handheld system are also escalating the growth of the market. However, substitutes available for laser welding equipment such as CNC machines and water jet cutting machines is expected to hamper the growth of laser welding equipment market. Going further, continuous development in the manufacturing process and technological advancement in laser welding equipment is estimated to create growth opportunities for the laser welding equipment market during the forecast period.

Enquiry before Buying This Report @ https://www.infiniumglobalresearch.com/reports/enquiry/1781

The Asia pacific region contribute the growth in laser welding equipment market during forecast period

On the basis of region, Europe is expected to have the largest region in the laser welding equipment market. The increasing developments in laser-welding technology, the new trends in automation and increasing government funding are the major factors responsible for the growth of the market in this region. Asia Pacific is projected to have the fastest growing region owing to the increasing the automotive and construction sector and rising awareness regarding laser-welding technology.

About Infinium Global Research
Infinium Global Research and Consulting Solutions is started with a single motto of being business partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that 'if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.