Market Overview:
The global grade lasers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for grade lasers in various applications, such as indoors and outdoors. In addition, the growing demand for dual-grade lasers is also propelling the growth of this market. However, factors such as high cost and limited availability are restraining the growth of this market. On the basis of type, single-grade lasers accounted for a larger share of the global grade laser market in 2017. This segment is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030 owing to its low cost and easy installation process compared with dual-grade lasers. Dual-grade laser systems are used where both precision and speed are required; hence, they are more expensive than single-grade systems.
Product Definition:
Grade lasers are a type of laser that is classified by its power output. Grade lasers range in power from Class 1 to Class 4, with each class having a higher power output. The importance of grade lasers lies in their ability to produce more powerful beams, which can be used for a variety of tasks including cutting and welding materials.
Dual Grade:
Dual-grade is a process in which two different coatings are applied to the same material. The most common example of dual-grade material would be wood; it can have both decorative and protective coating applied at the same time.
The key driver for this market is growing demand from end-use industries such as automotive, aerospace & defense, electronics manufacturing, construction equipment manufacturing and others.
Single Grade:
Single grade is a laser technology that produces one color of light with no tint or shade. It has applications in engraving, marking and cutting, welding and cutting, semiconductor device packaging as well as medical diagnostics. The single-grade green laser can be used for marking & engraving on almost all materials like plastics, glass fiber reinforced plastic (FRP), aluminum metal castings and most importantly wood too.
Application Insights:
Indoor applications include laser printers, barcode readers, and others. The indoor segment dominated the global grade lasers market in 2017 owing to the increasing demand for high-precision devices used in point of sale systems, inventory management systems, automated teller machines (ATMs), and other banking and financial applications. Furthermore, rising adoption of these devices for self-service functions at retail stores is expected to drive growth over the forecast period.
The outdoor application segment is projected to witness significant growth over the forecast period owing to an increase in industrial production coupled with a rise in consumer spending on technology products such as smartphones and wearable devices. Moreover, growing popularity of recreational activities such as hiking will further boost product demand globally. Grade lasers are also used extensively for various outdoor applications including forestry measurement & management solutions; land surveyor tools; agriculture & horticulture equipment; mining equipment; GIS mapping solutions; construction projects etc., which are expected to propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to continue its dominance over the forecast period. The growth of this region can be attributed to increasing adoption of lasers for industrial, construction, and agricultural applications. Increasing number of grade laser manufacturers in China has resulted in increased production capacity for high-end products such as dual-grade lasers with superior quality components. Furthermore, growing awareness regarding laser safety among users coupled with rising usage in medical applications is expected to drive demand over the forecast period.
The Asia Pacific region accounted for a revenue share of more than 30% owing to large manufacturing base present across India and China which caters majority of global requirements along with favorable government policies promoting domestic manufacturing activities that have driven down costs associated with purchasing goods from other regions thereby making it attractive for industry participants to invest within APAC market thus driving growth further.
Growth Factors:
- Increasing demand for laser technology in various industrial applications
- Growing demand for lasers in medical and healthcare sector
- Rising adoption of laser technology in automotive and transportation industry
- Proliferation of advanced laser technologies
- Increasing research and development investments for the development of new grade lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Grade lasers Market Research Report
By Type
Dual Grade, Single Grade
By Application
Indoors, Outdoors
By Companies
Leica Geosystems, Hedue GmbH, Trimble, TOPCON, HILTI, Doosan, Robert Bosch, GeoMax, Communications & Power Industries, Sichuan Tuotuweiye Mapping Apparatus, Changzhou Huada Kejie Opto-Electro Instrument, DEWALT
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Grade lasers Market Report Segments:
The global Grade lasers market is segmented on the basis of:
Types
Dual Grade, Single Grade
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
Indoors, Outdoors
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:
- Leica Geosystems
- Hedue GmbH
- Trimble
- TOPCON
- HILTI
- Doosan
- Robert Bosch
- GeoMax
- Communications & Power Industries
- Sichuan Tuotuweiye Mapping Apparatus
- Changzhou Huada Kejie Opto-Electro Instrument
- DEWALT
Highlights of The Grade lasers 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:
- Dual Grade
- Single Grade
- By Application:
- Indoors
- Outdoors
- 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 Grade lasers 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?
Grade lasers are a type of laser that have been specifically designed for industrial or scientific applications. They are typically more powerful and have longer life spans than other types of lasers, making them ideal for use in manufacturing or research facilities.
Some of the major players in the grade lasers market are Leica Geosystems, Hedue GmbH, Trimble, TOPCON, HILTI, Doosan, Robert Bosch, GeoMax, Communications & Power Industries, Sichuan Tuotuweiye Mapping Apparatus, Changzhou Huada Kejie Opto-Electro Instrument, DEWALT.
The grade lasers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Grade lasers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Grade lasers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Grade lasers Market - Supply Chain
4.5. Global Grade lasers Market Forecast
4.5.1. Grade lasers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Grade lasers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Grade lasers Market Absolute $ Opportunity
5. Global Grade lasers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Grade lasers Market Size and Volume Forecast by Type
5.3.1. Dual Grade
5.3.2. Single Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Grade lasers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Grade lasers Market Size and Volume Forecast by Application
6.3.1. Indoors
6.3.2. Outdoors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Grade lasers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Grade lasers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Grade lasers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Grade lasers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Grade lasers Demand Share Forecast, 2019-2026
9. North America Grade lasers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Grade lasers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Grade lasers Market Size and Volume Forecast by Application
9.4.1. Indoors
9.4.2. Outdoors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Grade lasers Market Size and Volume Forecast by Type
9.7.1. Dual Grade
9.7.2. Single Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Grade lasers Demand Share Forecast, 2019-2026
10. Latin America Grade lasers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Grade lasers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Grade lasers Market Size and Volume Forecast by Application
10.4.1. Indoors
10.4.2. Outdoors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Grade lasers Market Size and Volume Forecast by Type
10.7.1. Dual Grade
10.7.2. Single Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Grade lasers Demand Share Forecast, 2019-2026
11. Europe Grade lasers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Grade lasers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Grade lasers Market Size and Volume Forecast by Application
11.4.1. Indoors
11.4.2. Outdoors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Grade lasers Market Size and Volume Forecast by Type
11.7.1. Dual Grade
11.7.2. Single Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Grade lasers Demand Share, 2019-2026
12. Asia Pacific Grade lasers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Grade lasers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Grade lasers Market Size and Volume Forecast by Application
12.4.1. Indoors
12.4.2. Outdoors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Grade lasers Market Size and Volume Forecast by Type
12.7.1. Dual Grade
12.7.2. Single Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Grade lasers Demand Share, 2019-2026
13. Middle East & Africa Grade lasers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Grade lasers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Grade lasers Market Size and Volume Forecast by Application
13.4.1. Indoors
13.4.2. Outdoors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Grade lasers Market Size and Volume Forecast by Type
13.7.1. Dual Grade
13.7.2. Single Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Grade lasers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Grade lasers Market: Market Share Analysis
14.2. Grade lasers Distributors and Customers
14.3. Grade lasers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Leica Geosystems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hedue GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trimble
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TOPCON
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HILTI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Doosan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Robert Bosch
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GeoMax
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Communications & Power Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sichuan Tuotuweiye Mapping Apparatus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Changzhou Huada Kejie Opto-Electro Instrument
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DEWALT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
