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The laser processing market is forecasted to grow by USD 2.32 billion during 2023-2028, accelerating at a CAGR of 8% during the forecast period. The report on the laser processing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing benefits of laser welding over conventional welding, growing investment in aerospace and defense industry, and growing adoption of solid-state laser processing.
The laser processing market is segmented as below:
By Type
- Gas
- Solid-state
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the laser processing market covers the following areas:
- Laser Processing Market sizing
- Laser Processing Market forecast
- Laser Processing Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global laser processing market: Access Laser Co., Amada Co. Ltd., Coherent Corp., Corning Inc., Epilog Corp., eurolaser GmbH, Focuslight Technologies Inc., Gravotech Engineering Pvt. Ltd., Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., Jenoptik AG, Laserstar Technologies Corp., Lumentum Holdings Inc., LUMIBIRD SA, MKS Instruments Inc., OREE LASER, Prima Industrie, TRUMPF SE Co. KG, Universal Laser Systems Inc., and Wuhan HGLaser Engineering Co.Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological innovations in laser processing."
According to the report, one of the major drivers for this market is the growing benefits of laser welding over conventional welding.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Access Laser Co.
- Amada Co. Ltd.
- Coherent Corp.
- Corning Inc.
- Epilog Corp.
- eurolaser GmbH
- Focuslight Technologies Inc.
- Gravotech Engineering Pvt. Ltd.
- Hans Laser Technology Industry Group Co. Ltd.
- IPG Photonics Corp.
- Jenoptik AG
- Laserstar Technologies Corp.
- Lumentum Holdings Inc.
- LUMIBIRD SA
- MKS Instruments Inc.
- OREE LASER
- Prima Industrie
- TRUMPF SE Co. KG
- Universal Laser Systems Inc.
- Wuhan HGLaser Engineering Co.Ltd.
