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The global laser processing market is expected to grow from $4.2 billion in 2023 to $7.73 billion in 2031, with a compound annual growth rate (CAGR) expected to reach 8.1% during this forecast period. According to DataM Intelligence Comprehensive Report has released its latest report on the "Laser Processing Market Size 2025," providing a detailed analysis of market trends, key growth drivers, c...
Researchers from Shantou University have reported a review of residual stresses in metal additive manufacturing: detection techniques, numerical simulations, and mitigation strategies. The relevant paper titled "A comprehensive review of residual stress in metal additive manufacturing: detection techniques, numerical simulations, and mitigation strategies" was published in the Journal of the Brazi...
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, the supervisory board of Jenoptik, a leading German laser technology company, announced an important decision: to extend and confirm the term of Dr. Stefan Traeger as Chairman of the Executive Board, with a new term of three years starting from July 1, 2025, and the contract validity period correspondingly extended to June 30, 2028. Dr. Stefan Traeger has been serving as the President ...
According to the latest news, on June 3, 2024, Coherent Corp. appointed Jim Anderson as CEO and he will also become a member of the board, replacing Vincent "Chuck" Mattera.Image source: CoherentAnderson (left) Mattera (right)Dr. Vincent "Chuck" D. Mattera, Jr. previously notified the Coherent Board of Directors on February 20, 2024, stating that he would resign from the position of CEO upon his ...