Pedal to the mettle – cars set to drive the laser market
Friday, 18th Dec 2015
One of the main boosters for manufacturing sectors today is the expanding demand of the automotive industry. Numbers have been crunched. According to data by Statista, the global market for autonomous vehicles and hardware components is forecasted to expand from 400 million U.S dollars in 2015 to 40 billion by 2030. This translates to higher demand for laser systems to cut, weld and drill hardware parts and components together.
The strategy for manufacturing companies to meet rising demand lies in using the most cost efficient machinery to churn out hardware. But efficiency for them isn’t just about cost cutting; work has to get done using minimum amount of time and resources. Choosing the wrong laser model may very well jeopardise the entire processing equation and causing their company to lose millions of dollars while at it. How then should companies make the right choice regarding laser machinery?
According to Thomas Leib, a laser safety pundit and advisor, the primary factor in choosing a successful laser system lies in its material. That means knowing if the laser you’re buying is what you really need in terms of applicability, he told Photonics. For a start, choosing the right laser system could save tons of pennies in the long run. Something everyone would be happy about.
More often, it would seem like the most cost-effective one is the obvious choice. But purchasing the right laser requires knowing what your company wants. Simple put, what is your purpose for getting one? For example, the purpose of medical machinery and systems would be to save lives and to elevate health standards. Hence, cost here would not be a main concern but rather the ability for innovation and change. Wasted time doesn’t necessarily equate to wasted money. But knowing that a particular laser system can subject your company to millions of dollars lost would definitely come in handy when making purchasing decisions.