Laser Direct Imaging System (LDI) Market REPORT OVERVIEW
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The global laser direct imaging system (LDI) market size was USD 872.9 million in 2022 and market is projected to touch USD 1200.8 million by 2031 with a compound annual growth rate (CAGR) of 3.6% during the forecast period.
The Laser Direct Imaging system (LDI) has auto focus features that enable the system to manage various material thicknesses and quick job changes without the use of costly equipment.
The PCB producers gain a lot of benefits by employing LDI to create the circuit traces, most of them are related to the drawbacks of using a Photo-tool. Alignment problems, light refraction problems, and environmental imperfection are all eliminated when a Photo-tool is not required.
Due to the computer's improved optical alignment, which automatically corrects for material distortion, LDI also enables PCB makers to develop images that need higher precision and resolution.
Changes to the required images are also simpler to make with LDI: with the conventional method, even the smallest error on the Photo-tool necessitated the factory producing a new one, wasting time and money. However, with LDI, these changes became a matter of updating the design file, which can be done more consistently and affordably.
COVID-19 impact: Global Recession during Pandemic Decreased Market Growth
The period of pandemic brought an economic crisis to the entire world. The world economy collapsed and all the industries were negatively affected. Many reasons such as irregular supply of logistics and raw materials, and, unavailability of raw materials became the major restrains of the laser direct imaging system (LDI) market development. All of this was due to lockdowns and strict social distancing norms. During the pandemic of COVID-19 there was a severe global recession. People were fired from their jobs.
LATEST TRENDS
"Technological Developments to Increase Market Growth"
The expansion of laser direct imaging system (LDI) market can be attributed to the rise in PCB manufacturers using laser technology in their manufacturing processes, as well as to the growing use of these systems in a variety of applications, including thick copper, oversized PCBs, solder mask, and standard HDI PCBs, due to their high accuracy and quick scanning speeds that reduce defects and save time and money. These factors are expected to drive the laser direct imaging system (LDI) market growth in coming years.
Laser Direct Imaging System (LDI) Market SEGMENTATION
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- By Type:
The market can be divided on the basis of type into DMD 405nm, Polygon Mirror 365nm.
- By Application:
Classification based on application into HDI and Standard PCB, Thick-Copper and Ceramic PCB, Oversized PCB, and Others.
DRIVING FACTORS
"LDI Technology to Fasten Market Growth"
Printed circuit boards can be etched with incredibly thin lines using LDI technology without the need for production-stage masking. This method for PCB fabrication offers quicker throughput rates and better pictures that can be employed with epoxy solder masks and thinner copper tracks as opposed to traditional methods. Such factors are expected to foster laser direct imaging system (LDI) market development during the forecasted period.
"R&D Activities to Propel Market Growth "
The increasing spending on R&D activities, the entry of new players, product innovation, technological advancements, efficient resource allocation, and growing competition among business rivals to increase their regional and customer bases can all be attributed to the growth of the laser direct imaging system (LDI) market. The development of the laser direct imaging system (LDI) market is anticipated to be influenced by favorable laws, government policies, and incentives in the near future. Customers' increased purchasing power and an increase in disposable income will also help the laser direct imaging system (LDI) market share.
RESTRAINING FACTOR
"High Cost to Bring Down the Market Growth"
High cost of the product to impede market development in coming years.
Laser Direct Imaging System (LDI) Market Regional Insights
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"Increasing Demand for Smart Devices to Foster Growth in North America "
The greatest market for laser direct imaging system (LDI) market is in North America. Due to the rising demand for smart devices in the automotive and consumer electronics industries, Latin America is expected to have rapid expansion during the forecast period.
A significant portion of the global LDI market was accounted for by Europe, which is anticipated to maintain its position throughout the forecasted period due to the expansion of flat panel display manufacturing facilities and growing end-user knowledge of the advantages of LDI technology.
The Asia Pacific region has the highest CAGR throughout the forecast period as a result of consumers' growing desire for affordable laser direct imaging solutions that are capable of delivering consistent performance across a range of application areas.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Market Players Profiled
- Orbotech (Israel)
- CFMEE (India)
- YS Photech (U.S.)
- ORC (U.S.)
- Mikoptik
- Aiscent (China)
- ADTech (Germany)
- Manz (Germany)
- Hans CNC (China)
- Anhui Disking Opto-Electric (China)
- AdvanTools (U.S.)
- Via Mechanics (Japan)
- Caiz (China)
- SCREEN (Japan)
- Delphi Laser (China)
- TZTEK (China)
- Limata (Germany)
Report Coverage
The report provides an insight into the global talent assessment industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with regional insights. Market dynamic forces during the forecast period have also been discussed for a better understanding of the market situation. This report is very useful for forecasting the future of this technology.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 872.9 Million in 2022 |
Market Size Value By |
US$ 1200.8 Million by 2031 |
Growth Rate |
CAGR of 3.6% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is global laser direct imaging system (LDI) market expected to touch by 2031?
The global laser direct imaging system (LDI) market is projected and estimated to touch USD 1200.8 million by 2031.
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What CAGR is the laser direct imaging system (LDI) market expected to exhibit by 2031?
The laser direct imaging system (LDI) market is expected to exhibit a CAGR of 3.6% by 2031.
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Which are the driving factors of the laser direct imaging system (LDI) market?
LDI technology and R*D activities is driving the laser direct imaging system (LDI) market forward.
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Which are the top companies operating in the laser direct imaging system (LDI) market?
Orbotech, CFMEE, YS Photech, ORC, Mikoptik, Aiscent, ADTech, Manz, Han’s CNC, Anhui Disking Opto-Electric, AdvanTools, Via Mechanics, Caiz, SCREEN, Delphi Laser, TZTEK, Limata are some of the top companies operating in the laser direct imaging system (LDI) market.