Los Angeles, CA -- (SBWIRE) -- 04/22/2019 -- Laser micro perforation is a process of creating micro holes in the materials of products. Micro perforation helps to control airflow and moisture release. Laser micro perforation also helps in generating a series of small holes on the materials of products to create a simple tear path. Laser micro perforation burns through the material, resulting in a cleaner, smaller, and more precise hole.
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The global revenue of Laser Micro Perforation market was valued at 123.24 M USD in 2017 and is expected to reach 168.49 M USD in 2023. In the future six years, we predict the CAGR of global revenue is 5.35%.
Nowadays, there are two mainly types of Laser Micro Perforation, including CO2 Lasers, Nd:YAG Lasers and Others. And CO2 Lasers is the main type for Laser Micro Perforation, and the CO2 Lasers reached a sales value of approximately 92.05 M USD in 2017, with 74.69% of global sales value.
The global Laser Micro Perforation market was 130 million US$ in 2018 and is expected to 180 million US$ by the end of 2025, growing at a CAGR of 5.3% between 2019 and 2025.
This report studies the Laser Micro Perforation market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Laser Micro Perforation in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Coherent-Rofin
El.En Group
Sei Spa
Preco Inc
Comexi Group
LasX Industries
Micro Laser Technology (MLT)
Stewarts of America
Maklaus
LaserPin
Universal Converting Equipment
Han's Laser Technology
HGLaser
Guangzhou Laisai Laser Equipment
By the product type, the market is primarily split into:
CO2 Lasers
Nd:YAG Lasers
Others
By the end users/application, this report covers the following segments:
Packing
Automotive
Electronics and Semiconductors
Others
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