The global laser processing market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for laser processing in various industries such as aerospace and defense, automotive, medical devices and others. The increasing demand for laser processing in these industries has led to an increase in the number of companies investing in research and development activities related to this technology.
The global laser processing market can be segmented on the basis of type into solid lasers, liquid lasers, gas lasers; on the basis of application into laser cutting, laser welding, laser drilling, laser engraving & marking; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
6. Rising investments by governments and private players in research & development activities related to laser processing technologies will drive this market's growth.
Some Of The Growth Factors Of This Market:
- The increasing demand for laser processing in the manufacturing industry is one of the major factors driving the growth of this market.
- The increasing demand for laser processing in the medical industry is another factor driving the growth of this market.
- Increasing adoption of 3D printing technology and rising awareness about its benefits are also some other factors that are driving this market's growth.
- Increasing adoption of additive manufacturing technology and rising awareness about its benefits are also some other factors that are driving this market's growth.
Industry Growth Insights published a new data on “Laser Processing Market”. The research report is titled “Laser Processing Market research by Types (Solid Laser, Liquid Laser, Gas Laser), By Applications (Laser Cutting, Laser Welding, Laser Drilling, Laser Engraving & Marking, Microprocessing, Advance Processing), By Players/Companies Coherent, Trumpf, IPG Photonics, Rofin-Sinar Technologies, Newport, Jenoptik, Lumentum Holdings, Epilog Laser, Eurolaser, Alltec”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Processing Market Research Report
By Type
Solid Laser, Liquid Laser, Gas Laser
By Application
Laser Cutting, Laser Welding, Laser Drilling, Laser Engraving & Marking, Microprocessing, Advance Processing
By Companies
Coherent, Trumpf, IPG Photonics, Rofin-Sinar Technologies, Newport, Jenoptik, Lumentum Holdings, Epilog Laser, Eurolaser, Alltec
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Laser Processing Market Report Segments:
The global Laser Processing market is segmented on the basis of:
Types
Solid Laser, Liquid Laser, Gas Laser
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
Laser Cutting, Laser Welding, Laser Drilling, Laser Engraving & Marking, Microprocessing, Advance Processing
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:
- Coherent
- Trumpf
- IPG Photonics
- Rofin-Sinar Technologies
- Newport
- Jenoptik
- Lumentum Holdings
- Epilog Laser
- Eurolaser
- Alltec
Highlights of The Laser 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:
- Solid Laser
- Liquid Laser
- Gas Laser
- By Application:
- Laser Cutting
- Laser Welding
- Laser Drilling
- Laser Engraving & Marking
- Microprocessing
- Advance Processing
- 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 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 processing is a technology that uses lasers to cut, shape, and weld materials. It can be used to create products from metal, plastic, and other materials.
Some of the major companies in the laser processing market are Coherent, Trumpf, IPG Photonics, Rofin-Sinar Technologies, Newport, Jenoptik, Lumentum Holdings, Epilog Laser, Eurolaser, Alltec.
The laser processing market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Processing 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. Laser Processing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Processing Market - Supply Chain
4.5. Global Laser Processing Market Forecast
4.5.1. Laser Processing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Processing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Processing Market Absolute $ Opportunity
5. Global Laser Processing 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. Laser Processing Market Size and Volume Forecast by Type
5.3.1. Solid Laser
5.3.2. Liquid Laser
5.3.3. Gas Laser
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Processing 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. Laser Processing Market Size and Volume Forecast by Application
6.3.1. Laser Cutting
6.3.2. Laser Welding
6.3.3. Laser Drilling
6.3.4. Laser Engraving & Marking
6.3.5. Microprocessing
6.3.6. Advance Processing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Processing 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. Laser Processing 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 Laser Processing 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. Laser Processing 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 Laser Processing Demand Share Forecast, 2019-2026
9. North America Laser Processing 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 Laser Processing 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 Laser Processing Market Size and Volume Forecast by Application
9.4.1. Laser Cutting
9.4.2. Laser Welding
9.4.3. Laser Drilling
9.4.4. Laser Engraving & Marking
9.4.5. Microprocessing
9.4.6. Advance Processing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Processing Market Size and Volume Forecast by Type
9.7.1. Solid Laser
9.7.2. Liquid Laser
9.7.3. Gas Laser
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 Laser Processing Demand Share Forecast, 2019-2026
10. Latin America Laser Processing 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 Laser Processing 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 Laser Processing Market Size and Volume Forecast by Application
10.4.1. Laser Cutting
10.4.2. Laser Welding
10.4.3. Laser Drilling
10.4.4. Laser Engraving & Marking
10.4.5. Microprocessing
10.4.6. Advance Processing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Processing Market Size and Volume Forecast by Type
10.7.1. Solid Laser
10.7.2. Liquid Laser
10.7.3. Gas Laser
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 Laser Processing Demand Share Forecast, 2019-2026
11. Europe Laser Processing 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 Laser Processing 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 Laser Processing Market Size and Volume Forecast by Application
11.4.1. Laser Cutting
11.4.2. Laser Welding
11.4.3. Laser Drilling
11.4.4. Laser Engraving & Marking
11.4.5. Microprocessing
11.4.6. Advance Processing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Processing Market Size and Volume Forecast by Type
11.7.1. Solid Laser
11.7.2. Liquid Laser
11.7.3. Gas Laser
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 Laser Processing Demand Share, 2019-2026
12. Asia Pacific Laser Processing 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 Laser Processing 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 Laser Processing Market Size and Volume Forecast by Application
12.4.1. Laser Cutting
12.4.2. Laser Welding
12.4.3. Laser Drilling
12.4.4. Laser Engraving & Marking
12.4.5. Microprocessing
12.4.6. Advance Processing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Processing Market Size and Volume Forecast by Type
12.7.1. Solid Laser
12.7.2. Liquid Laser
12.7.3. Gas Laser
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 Laser Processing Demand Share, 2019-2026
13. Middle East & Africa Laser Processing 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 Laser Processing 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 Laser Processing Market Size and Volume Forecast by Application
13.4.1. Laser Cutting
13.4.2. Laser Welding
13.4.3. Laser Drilling
13.4.4. Laser Engraving & Marking
13.4.5. Microprocessing
13.4.6. Advance Processing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Processing Market Size and Volume Forecast by Type
13.7.1. Solid Laser
13.7.2. Liquid Laser
13.7.3. Gas Laser
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 Laser Processing Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Processing Market: Market Share Analysis
14.2. Laser Processing Distributors and Customers
14.3. Laser Processing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Coherent
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Trumpf
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IPG Photonics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rofin-Sinar Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Newport
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jenoptik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lumentum Holdings
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Epilog Laser
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eurolaser
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alltec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
