LASER DIRECT IMAGERS MARKET REPORT OVERVIEW
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global laser direct imagers market size was USD 705.5 million in 2022 and market is projected to touch USD 882.97 million by 2032 at CAGR 2.3% during the forecast period.
The laser direct imagers market growth is expected to grow in the near future. The rising use of electronic devices across a range of industries, including electronics for consumers, automotive, telecommuting, and industrial applications, is driving up demand for printed circuit boards (PCBs). Due to its many benefits over conventional techniques, including quicker production cycles, lower operating costs, and better quality control, LDIs are becoming more and more well-liked in the sector.
The increasing use of automation across a range of industries, improvements in manufacturing processes, and the growing need for high-quality electronic parts are all responsible for this growth. It is anticipated that the market will continue to increase in size as companies work to improve their capacity for production and satisfy consumers' increasing needs for electronic gadgets.
COVID-19 Impact: Erratic Raw Material and Logistical Supply to Deplete Market Share
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The global economic crisis was spurred on by the outbreak. Every industry suffered greatly when the global economy crashed. A number of factors, including erratic raw material and logistical supply as well as a lack of raw materials, turned into the main obstacles to the growth within the LDI industry. Strict social distance rules and lockdowns were the cause of everything. The COVID-19 outbreak was accompanied by a catastrophic global recession.
LATEST TRENDS
"Demand for High Precision LDIs to Stimulate Market Development "
High-precision LDIs are also in high demand due to the downsizing of electronic devices and the requirement for high-density interconnection on PCBs. These gadgets may fulfill the demands of sophisticated PCB designs by producing finer line widths, intricate patterns, and high-resolution images. Technological developments are also helping the market; one example is the incorporation of automated optical inspection systems inside LDIs, which enhances productivity and quality assurance.
ANTICANCER DRUG MARKET SEGMENTATION
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- By Type
Based on type the global market can be categorized into polygon mirror 365nm, DMD 405nm.
Polygon mirror 365nm: A spinning polygon mirrored is used by polygon mirror 365nm, a form of laser direct imager, to focus the laser beam on the imaging surface. It releases laser light with a 365 nm wavelength.
DMD 405nm: However, another kind that uses digital micromirror device technique which generates laser light having a wavelength of 405 nm is called DMD 405nm. Accurate and exact imaging is ensured by using both types in the fabrication of printed circuit panels and other electronic devices.
- By Application
Based on application the global market can be categorized into standard and HDI PCB, thick-copper and ceramic PCB, oversized PCB, solder mask.
Standard and HDI PCB: In the electronics sector, laser direct imagers, or LDIs, are used in a variety of applications. Standard & HDI printed wiring diagrams (PCBs), which are essential to electronic devices, are produced using them extensively.
Thick-copper and ceramic PCB: Printed circuit boards having three or more ounces of polished copper in either their inner or outer layers are known as thick copper PCBs. The board can conduct a larger current, accomplish good heat distribution, and implement complicated switches in a constrained space thanks to the extra copper PCB thickness.
Oversized PCB: Sometimes a big PCB typically including many layers is utilized as the backplane. Furthermore, these huge PCB boards usually include a dense controller and surface plane layout in addition to a great number of connections. The translucent conductive would be affected by these two scenarios.
Solder mask: Furthermore, LDIs are essential to the solder mask industry because they guarantee precise application of PCB solder mask materials, enhance dependability, and prevent corrosion.
DRIVING FACTORS
"Requirement for High-Resolution Imaging Equipment to Support Market Expansion "
A number of new trends are emerging in the market that will influence its development. First off, in order to support sophisticated PCB designs and intricate manufacturing procedures, there is an increasing need for high-resolution imaging equipment. In order to provide comfort and flexibility in industrial settings, the market is also seeing a shift favoring the development of lightweight and compact laser direct imagers.
"Incorporation of Machine Learning to Foster Industry Progress "
Moreover, laser direct imagers that incorporate machine learning and artificial intelligence are becoming more and more popular, opening the door to more precise and effective production procedures. Finally, the market is seeing an increase in the use of environmentally friendly laser direct imagers due to the increasing focus on sustainability and environmentally friendly manufacturing techniques.
RESTRAINING FACTOR
"Associated Disadvantage of the System to Stop Market Evolution "
Associated disadvantage of the LDI systems from the past, including extended exposure times, low throughput, and expensive lasers and consumables will further deplete the market expansion in the coming years.
ANTICANCER DRUG MARKET REGIONAL INSIGHTS
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"North America Leadership over the Business Due to Investment in Research and Development "
"The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa."
In 2019, the global laser direct imagers market share was dominated by North America. Due to growing investment in research and development and the existence of significant players, the region is anticipated to maintain its position of power over the projection period. Over the projection period, growth is anticipated to be driven by a number of reasons, including the increased usage of advanced technologies and an increase in consumer demand for excellent products and components.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- Orbotech (Israel)
- ORC Manufacturing (Japan)
- SCREEN (Japan)
- Via Mechanics (Japan)
- Manz (Germany)
- Limata (Germany)
- Delphi Laser (China)
- HAN'S Laser (China)
- Aiscent (China)
- AdvanTools (China)
- CFMEE (China)
- Altix (France)
- Miva (U.S.)
- PrintProcess (U.S.)
INDUSTRIAL DEVELOPMENT
January 2023:The market appears to have a bright future. During the projected period, the market is expected to grow at a substantial rate by the increasing profit incurred by the ORC manufacturing. Numerous factors, such as the continued shrinking of electronic devices, the rising automation in the electronics manufacturing process, and the growing need for fast speeds and high-density printed circuit boards, are responsible for this rise in profit of the ORC manufacturing company.
REPORT COVERAGE
This research offers a thorough analysis of the global market, covering all relevant areas. This includes everything from a broad market overview to micro-level information about size of the market, degree of competition, evolution trend, opportunities in the market, important market drivers, and SWOT opportunities and threats. The reader can use the study to influence industry competitiveness and competitive environment strategies to increase potential profit. Additionally, it offers a straightforward framework for assessing and gaining access to the situation of the corporate organization.
In a nutshell, this study should be read by all market participants, traders, academics, analysts, business planners, and anyone else with an interest in the market. The market competitive landscape is another area that the report structure focuses on. This report presents in depth information the share of the market, macroeconomic indicators, product scenario, operation circumstances of the major players, which aids readers in the industry in recognizing the key rivals and better understanding the market's competitive landscape.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 705.5 Million in 2022 |
Market Size Value By |
US$ 882.97 Million by 2032 |
Growth Rate |
CAGR of 2.3% from 2022 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is laser direct imagers market expected to touch by 2032?
The global laser direct imagers market is expected to reach USD 882.97 million by 2032.
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What CAGR is the laser direct imagers market expected to exhibit by 2032?
The laser direct imagers market is expected to exhibit a CAGR of 2.3% by 2032
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Which are the driving factors of the laser direct imagers market?
Requirement for high-resolution imaging equipment and incorporation of machine learning are some of the driving factors of the market.
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What are the key laser direct imagers market segments?
The key market segmentation that you should be aware of, which include, Based on type the laser direct imagers market is classified as polygon mirror 365nm, DMD 405nm. Based on application the laser direct imagers market is classified as standard and HDI PCB, thick-copper and ceramic PCB, oversized PCB, solder mask.