The global Laser Automation Market is estimated to be valued at US$ 6.48 billion in 2023 and is expected to exhibit a CAGR of 7% over the forecast period, as highlighted in a new report published by Coherent Market Insights. The market is driven by the increasing demand for precision and efficiency in various industries such as automotive, electronics, aerospace, and healthcare.
Market Overview:
Laser automation refers to the use of laser technology in ... Read more
Laser automation involves the use of industrial lasers such as CO2 lasers, fiber lasers, and diode pumped solid state (DPSS) lasers to automate cutting, welding, and marking applications in manufacturing industries. Lasers offer advantages such as high precision, minimized heat impact area, and reduced thermal distortion over traditional metalworking processes. They are increasingly being used for milling components in automotive, aviation, electronics and other applications.
Laser Automation Market is driven by increasing demand for precision manufacturing
The laser automation market involves the integration of lasers with automated systems for precision manufacturing applications. Lasers offer benefits such as high accuracy, precision, flexibility and cost-efficiency compared to traditional machining methods. They are used for cutting, welding, marking, engraving and other applications in industries such as automotive, electronics, healthcare, ... Read more