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  • Published On : Jan 2023
  • Code : CMI4304
  • Pages : 135
  • Formats :
      Excel and PDF
  • Industry : Semiconductors
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Laser Processing is the laser beam radiation to the surface of work piece that is used to melt material and change the properties of the material by using high energy emission. Laser processing technologies is used for marking/engraving consumer goods, electronic components, and other parts used in industries. Lasers are used for various applications in commercial as well as industrial processes. Industrial processes typically include material processing, marking and engraving, and other micro-processing using laser technology. Laser technology offers various advantages as compared to conventional techniques such as plasma technology, flame, and water jet. Plasma and flame technologies are used for cutting purposes and not for engraving, marking, and drilling processes, while waterjet is used for the ablation and structuring process. Laser technology can perform all the aforementioned procedures efficiently without producing noise pollution. Hence, these factors are expected to drive growth of the global laser processing market during the forecast period.

In 2021, Laser Processing Market is estimated to reach US$ 19,162.9 Million in terms of value.

Market Dynamics

Marking and engraving is also expected to drive market growth during forecast period. Marking used for making serial numbers, brand name, manufacturing dates, price, product codes, and other information on various industrial products. Common techniques used for marking are ink-jet printers, ink stamping, punching, and laser marking. Laser marking systems offer numerous advantages such as environment-friendly and high-quality marks over other conventional marking techniques. Moreover, laser marking requires no solvent for marking; hence it helps to reduce the finishing process in manufacturing and is easy to recycle. Furthermore, laser making provides high-speed and fine markings as compared to other technologies.

Carbon dioxide and Nd: YAG lasers are the most commonly used technologies in medical applications. However, laser technology has started to gain traction in a range of applications from diagnosis to treatment. It is typically used for treatment of skin, hair, cancer, and eyes. Various surgeries such as cleaning of arteries, surgery for a detached retina, and other cosmetic surgeries have become possible with the help of laser technology. Cosmetic surgeries such as removal of permanent/birthmarks on the skin, port-wine stains, skin blotches, and other skin treatments can be accomplished using laser technology. Lasers play an important role in material processing of medical such as surgical tools and implantable devices used in hospitals and dispensaries. Moreover, laser technology is being used in various medical procedures such as lithotripsy, dermatology, angioplasty, mammography, microscopy, medical imaging, cancer diagnosis, and ophthalmology

Key features of the study:

  • This report provides an in-depth analysis of the Laser Processing Market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the laser processing market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the laser processing market are Trumpf GmbH + Co. KG, Prima Industrie S.p.A., Universal Laser Systems Inc., Epilog Laser Inc., Coherent Inc., Eurolaser GmbH, IPG Photonics Corporation, Bystronic Laser AG, Newport Corporation, and Rofin-Sinar Technologies Inc.
  • The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
  • The laser processing market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the laser processing market.

Detailed Segmentation

  • Global Laser Processing Market, By Product Type:
    • Gas Lasers
    • Solid State Lasers
    • Fiber Lasers
    • Others
  • Global Laser Processing Market, By Process:
    • Material Processing
    • Marking and Engraving
    • Micro-Processing
  • Global Laser Processing Market, By End-Use Industry:
    • Automotive
    • Aerospace
    • Original Equipment Manufacturer (OEM)
    • Electronics and Micro-Electronics
    • Medical Devices and Treatment
    • Packaging
  • Global Laser Processing Market, By Region:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East and Africa
  • Company Profiles
    • Trumpf GmbH + Co. KG *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Prima Industrie S.p.A
    • Universal Laser Systems Inc.
    • Epilog Laser Inc.
    • Coherent Inc.
    • Eurolaser GmbH
    • IPG Photonics Corporation
    • Bystronic Laser AG
    • Newport Corporation
    • Rofin-Sinar Technologies Inc.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Process
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Country
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Laser Processing Market, By Product Type, 2017-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Segment Trends
    • Gas Lasers
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Solid State Lasers
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Fiber Lasers
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  5. Global Laser Processing Market, By Process, 2017-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Segment Trends
    • Material Processing
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Marking and Engraving
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Micro-Processing.
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  6. Global Laser Processing Market, By End-Use Industry, 2017-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2022 and 2030 (%)
      • Segment Trends
    • Automotive
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Aerospace
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Original Equipment Manufacturer (OEM)
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Electronics and Micro-Electronics
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Devices and Treatment
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Packaging
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  7. Global Laser Processing Market, By Region, 2017 - 2030 (US$ Million)
    • Introduction
      • Market Share Analysis, By Country, 2022 and 2030 (%)
      • Y-o-Y Growth Analysis, For Country 2017–2030
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
    • Rest of World
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
      • Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
  8. Competitive Landscape
    • Company Profiles
      • Trumpf GmbH + Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Prima Industrie S.p.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Universal Laser Systems Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Epilog Laser Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Coherent Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Eurolaser GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IPG Photonics Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bystronic Laser AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Newport Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Rofin-Sinar Technologies Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Laser Processing Market- forecast to 2030”.

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