Our research report on "Laser PCB Drilling Market in APAC by Application and Geography - Forecast and Analysis 2022-2026" has extensively covered factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market share during the forecast period.
Laser PCB Drilling Market in APAC report key highlights
- Estimated year-on-year growth rate: 7.10%
- Key market segments: Application (consumer electronics, communications, automotive, and others) and geography (China, Taiwan, South Korea (Republic of Korea), and the Rest of APAC).
- Key Consumer Region & contribution: China at 47%
Laser PCB Drilling Market Scope in APAC |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.55% |
Market growth 2022-2026 |
$ 297.82 million |
Market structure |
Fragmented |
YoY growth (%) |
7.10 |
Regional analysis |
APAC |
Performing market contribution |
China at 47% |
Key consumer countries |
China, Taiwan, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Fittech Co. Ltd., Hans Laser Technology Industry Group Co. Ltd., Hitachi High-Technologies Corp., LPKF Laser and Electronics AG, Mitsubishi Electric Corp., MKS Instruments Inc., Orbotech Ltd., Schmoll Asia Pacific, Sumitomo Heavy Industries Ltd., and Via Mechanics Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Do reach out to our analysts for more customized reports as per needs. Speak to our Analyst now!
Laser PCB Drilling Market in APAC Share Trend
- The technological innovations in laser processing
Compact laser drilling machines are in high demand due to the use of various materials and the growing number of SMEs in the PCB manufacturing industry. Vendors are concentrating on providing tiny laser processing devices with 3D profiling capabilities that require little installation space. End-users rely on metal fabrication tools for precision drilling, such as laser drilling machines, but the development of compact laser drilling machines has benefited them not only in drilling different types of parts with greater efficiency, but also in decreasing the carbon footprint on the shop floor. During the projected period, a large number of suppliers will be attracted by SMEs' increased awareness and demand for compact laser drilling machines.
Laser PCB Drilling Market in APAC Challenge
- The availability of alternative tools
Excessive heat generated during the drilling process in laser machines may limit their use, particularly in heat-sensitive and heat-resistant materials including plastic, foam products, wood, stainless steel, titanium, and Hastelloy. Unlike laser PCB drilling machines, waterjet drilling does not leave a burr or heat-affected zone (HAZ), saving money on later processes like polishing and restoration. Waterjet drilling machines' ability to precisely cut heat-sensitive and heat-resistant materials without creating heat has raised their appeal among end-user industries, posing a threat to the laser PCB drilling market's growth in the foreseeable term.
Get free sample for extensive insights on key market Drivers, Trends, and Challenges influencing the laser PCB drilling market share in APAC.
Key market vendors insights
The laser PCB drilling market share in APAC is fragmented, and the vendors are deploying various organic and inorganic strategies to compete in the market.
Some of the key market vendors are:
- Fittech Co. Ltd.
- Hans Laser Technology Industry Group Co. Ltd.
- Hitachi High-Technologies Corp.
- LPKF Laser and Electronics AG
- Mitsubishi Electric Corp.
- MKS Instruments Inc.
- Orbotech Ltd.
- Schmoll Asia Pacific
- Sumitomo Heavy Industries Ltd.
- Via Mechanics Ltd.
For more detailed highlights on products offerings and the growth strategies adopted by other vendors, Download free sample report
- Key Segment Analysis by Application
- Consumer electronics
- Laser drilling of PCBs used in audio systems, smartphones, tablets, personal computers, smart home appliances, smart wearables, and televisions is part of the consumer electronics application category in the APAC laser PCB drilling market. The consumer electronics market necessitates the usage of low-cost, compact, and multi-functional PCBs. The segment favors PCBs with a high rate of electrical transmission and thin structural designs that are lightweight and require less power. When opposed to high-end commercial electronic devices, consumer electronics have higher volume requirements, which drives PCB volume production. As a result, the demand for laser PCB drilling equipment in APAC is expected to increase.
Regional Market Analysis
China will contribute to 47% of the laser PCB drilling market share in APAC growth during the forecast period. China, Taiwan, and South Korea (Republic of Korea) are the major markets for laser PCB drilling market share in APAC.
The increase in the demand for PCBs from the automotive, aerospace, telecommunication, and electronic and electrical industries is expected to boost the laser PCB drilling market share in APAC.
Request our free sample for additional highlights and key segments that are expected to impact the market during the forecast period.
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Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Consumer electronics - Market size and forecast 2021-2026
- Communications - Market size and forecast 2021-2026
- ·Automotive - Market size and forecast 2021-2026
- Others - Market size and forecast 2021-2026
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- China - Market size and forecast 2021-2026
- Taiwan - Market size and forecast 2021-2026
- South Korea (Republic of Korea) - Market size and forecast 2021-2026
- Rest of APAC - Market size and forecast 2021-2026
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Fittech Co. Ltd.
- Hans Laser Technology Industry Group Co. Ltd.
- Hitachi High-Technologies Corp.
- LPKF Laser and Electronics AG
- Mitsubishi Electric Corp.
- MKS Instruments Inc.
- Orbotech Ltd.
- Schmoll Asia Pacific
- Sumitomo Heavy Industries Ltd.
- Via Mechanics Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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