The global market for Laser Processing is projected to reach US$16.9 billion by 2025 driven by growing importance of precision manufacturing as manufacturing worldwide comes under the intense challenge of increasing design tolerances. The manufacturing industry is at a stage were efficiency and quality are the only two factors that will drive competitiveness. Product tolerances are becoming tighter than ever across myriad industries ranging from medical equipment, transportation, oil & gas to the military. Manufacturers currently face the challenge of eliminating variations in the production of parts and components and ensure repeatability and reproducibility of machined parts in high volume production scenarios. Machining is the critical process that makes or breaks conformance of products to specifications. Defined as the process where the workpiece is molded and formed into the desired shape and size, machining requires high performance measuring and measurement repeatability to ensure that all products are machined with zero levels of variations. When the mean value (μ) of the dimensions of a machined part is closer to the true value of the part’s specification, then trueness or accuracy will be high. Production lines everywhere in virtually every industrial vertical are rapidly moving towards precision and ultra-precision manufacturing. Precision engineering involves the use of technologies such as advanced CNC and milling machinery; CAD software tools; laser processing; automation technologies; optical metrology; among others. With accuracy, precision, trueness, repeatability and reproducibility being buzzwords for production success, faster turnarounds and efficiency, these machining technologies are essential to obtain the highest form of surface quality and shape. The market stands to benefit from the robust demand for precision parts in myriad industries such as aerospace, automotive, electronics and semiconductors, healthcare, watches, construction, defense, marine and offshoring, heavy equipment, and power tools, among others. Stringent device safety regulations like in the medical devices industry; miniaturization like in the semiconductors and electronics industry; performance and quality specifications like in the automotive and aerospace industry are all factors driving demand for precision parts and components. Read More…

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