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Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...
Researchers from Annamarai University in India and South Ural State University in Russia reported a comparative study of resistance spot welding and laser spot welding of ultra-high strength steel for automobiles. The related research was published in The International Journal of Lightweight Materials and Manufacturing under the title "A comparative study on resistance spot and laser beam spot wel...
Plasmology plays a crucial role in advancing nanophotonics, as plasma structures exhibit a wide range of physical properties that benefit from local and enhanced light matter interactions. These characteristics are utilized in many applications, such as surface enhanced Raman scattering spectroscopy, sensors, and nanolasers.In addition to these applications, the ultrafast optical response of plasm...
IPG Photonics Corporation, a global leader in fiber laser technology, will highlight new and innovative laser solutions at the Battery Show from September 12 to 14, 2023 in Novi, Michigan, USA.The IPG booth will include industry-leading fiber laser sources and automated laser systems for electric vehicle battery welding applications.New laser technology pushes the limits of battery welding speedTo...
Recently, Jenoptik, a German company, released its preliminary performance for 2024, delivering a record high in both revenue and profit, but also revealing hidden concerns amidst industry cyclical fluctuations. Against the backdrop of weak demand in the semiconductor equipment market and increasing global economic uncertainty, this company with laser and optical technology as its core is attempti...