Market Overview:
The global laser material processing market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laser material processing in pharmaceutical & biotechnological companies, laboratories, research institutes and CRO’s. North America is expected to dominate the global laser material processing market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Laser material processing is the controlled use of lasers to change the physical or chemical properties of a material. Laser material processing can be used to cut, weld, or join materials together. It can also be used to change the surface properties of a material, such as its color or its ability to conduct electricity.
Autosampler:
Autosampler is a device that helps in sample preparation for chemical analysis. It's major applications are in the pharmaceutical and food & beverage industries. In the pharmaceutical industry, it's used to split up a large vial of liquid into several samples which can be analyzed separately and then combined back to get the results for whole vial.
Manual:
Manual is a tool that helps in performing operations more efficiently. It's major applications are in laser material processing market include cutting, drilling, engraving and marking. In addition to these basic applications manual can be used for surface modification (ablation & deposition), fiber optic application and chemical reaction control too.
Application Insights:
Based on applications, the market has been segmented into pharmaceutical and biotechnology companies, laboratory research institutes, contract research organizations (CRO), metal processing and foundry companies, medical device manufacturers and others. The pharmaceutical industry dominated the global laser material processing market in 2017 owing to increasing demand for bio-compatible materials for drug delivery systems from major players such as Pfizer Inc., Johnson & Johnson and Merck KGaA.
The use of advanced technologies such as 3D printing is becoming increasingly popular among leading edge laboratories worldwide. The availability of various software packages that can be used to design models for molecular compounds with high accuracy levels is also a key factor responsible for this growth segment¢â‚¬â„¢s dominance over the forecast period. In addition, there are several other factors responsible for its dominance including rising number of R&D activities pertaining to new drug development in Asia Pacific region which eventually resulted in higher product demand from 2017 to 2018.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it a potential customer base for various products and services. Moreover, increasing government investments in R&D activities are anticipated to drive demand from Asia Pacific laser material processing industry over the forecast period.
The pharmaceutical sector has witnessed significant growth in India owing to rising healthcare expenditure by the government as well as private players coupled with favorable regulatory policies aimed at promoting manufacturing output of pharmaceuticals & biotechnology companies within India’s borders. This factor is anticipated to boost regional market growth during the forecast period.
Europe accounted for more than 20% revenue share within Europe regional segment owing to high demand from end-use industries such as automotive, aerospace & defense, electronics among others that are based primarily in Germany, France.
Growth Factors:
- Increasing demand for laser material processing in automotive and aerospace industries due to the need for lightweight and durable components.
- Rising demand from medical device manufacturers for laser material processing to produce high-quality medical devices.
- Growing popularity of additive manufacturing, which uses lasers to create 3D objects from digital designs, resulting in increased demand for laser material processing systems.
- Advances in technology that have led to the development of new types of lasers with greater precision and power, making them better suited for use in laser material processing applications.
- The increasing use of lasers as a research tool in universities and research institutes, which is driving innovation and advances in the field of laser material processing
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Material Processing Market Research Report
By Type
Autosampler, Manual
By Application
Pharmaceutical & Biotechnological Companies, Laboratory, Research Institutes, CRO’s
By Companies
Gardner Denver, GL Science, Inc., Hamilton Company, PerkinElmer, Inc., Shimadzu Corporation, Trajan Scientific and Medical, Avantor, ITO Corporation, Valco Instruments Company, Inc., Agilent Technologies, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Laser Material Processing Market Report Segments:
The global Laser Material Processing market is segmented on the basis of:
Types
Autosampler, Manual
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical & Biotechnological Companies, Laboratory, Research Institutes, CRO’s
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gardner Denver
- GL Science, Inc.
- Hamilton Company
- PerkinElmer, Inc.
- Shimadzu Corporation
- Trajan Scientific and Medical
- Avantor
- ITO Corporation
- Valco Instruments Company, Inc.
- Agilent Technologies, Inc.
Highlights of The Laser Material Processing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Autosampler
- Manual
- By Application:
- Pharmaceutical & Biotechnological Companies
- Laboratory
- Research Institutes
- CRO’s
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laser Material Processing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laser material processing is a process that uses lasers to cut, shape, and weld materials.
Some of the major companies in the laser material processing market are Gardner Denver, GL Science, Inc., Hamilton Company, PerkinElmer, Inc., Shimadzu Corporation, Trajan Scientific and Medical, Avantor, ITO Corporation, Valco Instruments Company, Inc., Agilent Technologies, Inc..
The laser material processing market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Material Processing Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Laser Material Processing Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Laser Material Processing Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Laser Material Processing Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Laser Material Processing Market Size & Forecast, 2020-2028 4.5.1 Laser Material Processing Market Size and Y-o-Y Growth 4.5.2 Laser Material Processing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Autosampler
5.2.2 Manual
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical & Biotechnological Companies
6.2.2 Laboratory
6.2.3 Research Institutes
6.2.4 CRO’s
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Material Processing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laser Material Processing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Autosampler
9.6.2 Manual
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical & Biotechnological Companies
9.10.2 Laboratory
9.10.3 Research Institutes
9.10.4 CRO’s
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Autosampler
10.6.2 Manual
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical & Biotechnological Companies
10.10.2 Laboratory
10.10.3 Research Institutes
10.10.4 CRO’s
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Autosampler
11.6.2 Manual
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical & Biotechnological Companies
11.10.2 Laboratory
11.10.3 Research Institutes
11.10.4 CRO’s
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Autosampler
12.6.2 Manual
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical & Biotechnological Companies
12.10.2 Laboratory
12.10.3 Research Institutes
12.10.4 CRO’s
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Autosampler
13.6.2 Manual
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical & Biotechnological Companies
13.10.2 Laboratory
13.10.3 Research Institutes
13.10.4 CRO’s
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laser Material Processing Market: Competitive Dashboard
14.2 Global Laser Material Processing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gardner Denver
14.3.2 GL Science, Inc.
14.3.3 Hamilton Company
14.3.4 PerkinElmer, Inc.
14.3.5 Shimadzu Corporation
14.3.6 Trajan Scientific and Medical
14.3.7 Avantor
14.3.8 ITO Corporation
14.3.9 Valco Instruments Company, Inc.
14.3.10 Agilent Technologies, Inc.