INDUSTRY NEWS
Laser cutting market insight
New medium- and high-capacity laser cutting machine market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads .
“ One of the primary growth drivers for this market is the increasing need to develop superior-quality products ,” said a senior analyst for the industrials industry at Technavio . The vendors should focus more on growth prospects in the fast-growing segments , while maintaining their positions in the slow-growing segments , added the analyst . As the markets recover , Technavio expects the medium- and high-capacity laser cutting machine market size to grow by US $ 1.10 billion from 2020-2024 .
“ The medium- and high-capacity laser cutting machines market is expected to post a year-over-year ( y-o-y ) growth rate of 1.48 %.
Based on the end-user , the automotive segment saw maximum growth in 2019 . The popularity of fibre laser machines will continue to increase since they do not require expensive optical mirrors and other moving parts to position the light on material ,” continued the analyst .
According to the report , around 51 % of the growth will originate from the APAC region . Factors such as rapid industrial and economic development will significantly drive medium- and high-capacity laser cutting machine market growth in this region over the forecast period . China and Japan , confirmed Technavio , are the key markets for these laser cutting machines in the APAC region . Market growth in this region will be faster than market growth in other regions , it told ISMR .
Technavio segments the laser cutting machine market by product ( fibre , solid-state , diode and others ), end-user ( automotive , aerospace and defence , electrical and electronics , industrial machinery and others ), and geography ( APAC , Europe , MEA , North America and South America ).
The robotic laser cutting market is segmented by end-user ( automotive industry , metal industry , aerospace industry and others ), solutions ( hardware , software and services ), and geography ( North America , APAC , Europe , South America and MEA ). n
Relaunch for Global Industrie
The Global Industrie Lyon exhibition organiser has announced an ambitious relaunch programme for the whole sector and moved its show in Lyon , France , to 7-10 September 2021 .
“ In the wake of the French government ’ s Relaunch Plan , as of January 2021 Global Industrie is setting up a bold long-term programme , the ‘ GI Relaunching Booster ’. The goal is to bring players in the sector together to boost the relaunch of the French economy and industry through a series of complementary events designed by the show organiser ,” it told ISMR .
As soon as the first lockdown ended , the show offered its first digital exhibition event , Global Industrie Connect . Today , in line with this change , the GI Relaunching Booster programme is inaugurating five business booster events which correspond to five major objectives : being inspired , meeting up , preparing , finalising and supporting .
1 . Being inspired with GI 360 : GI360 is a bimonthly programme which will broadcast a 360 ° review of the sector . These include : Relocation ( 9 February
2021 ), 5G ( 4 May 2021 ) and Ecological Transition ( 22 July 2021 ). GI360 will provide an overview of business conditions , a debate on a topical technical issue and and a 360-degree virtual tour of a manufacturer ’ s site ( to highlight factories of the future ).
2 . GI Business Meetings : These are a series of one-to-one meetings between exhibitors and a selection of Global Industrie core target decision-makers . “ In person ” or digitally , they will be held on a given theme and in a pre-defined city . The dates scheduled are : 9 March 2021 , 25 May 2021 , 7 December 2021 and February 2022 .
3 . GI Preview : This digital event includes exhibitor webinars , roundtables and interactive chats . The next meeting will be held from 22-23 June 2021 . The next edition is in spring 2022 .
4 . Global Industrie Exhibition : The Global Industrie exhibition brings together the entire industrial ecosystem in France .
Global Industrie Paris will be held in spring 2022 at the Parc des Expositions de Villepinte .
5 . Support with Industrie Online : This offers access to 3,000 supplier sheets , a simplified quotation request system and a blog with exclusive content on current events in the market . This marketplace is accessible 24 / 7 every day of the year and supports project developments . It also enables new players to meet throughout the year .
Operational from 20 April 2021 ,
www . industrie-online . com will facilitate contact between suppliers and purchasers through a search engine ( purchasers ) and a statistical tool enabling performance monitoring ( suppliers ).
10 | sheetmetalplus . com | ISMR February 2021