Global Industrial Laser Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

September 2020 | 102 pages | ID: GCE2EAFAF9CFEN
Koncept Analytics

Abstracts

The global industrial laser market is estimated to reach US$7.97 billion in 2024, growing at a CAGR of 12.8% for the period spanning from 2020 to 2024. The factors such as upsurge in industrialization and economic growth, growing urban population, rise in industrial revolution, rise in adoption of fiber laser technology and flexibility and time-efficiency properties of laser systems are expected to drive the market. However, growth of the industry will be challenged by challenges related to regulatory compliance. A few notable trends include increasing number of M&A, increasing use of collaborative robots and growing investment in manufacturing plants.

The global industrial laser market is segmented into fiber, diode, solid state and carbon dioxide lasers. The global industrial laser market is highly dominated by fiber lasers owing to technological advancements with respect to fiber, high beam quality & lower cost of ownership, and eco-friendly technology.

The global industrial laser market is expected to grow in future due to material processing equipment upgradation in manufacturing activities. In terms of geographical areas, China is a major contributor to the global industrial laser market supported by increase in demand of fiber lasers in the electronics and automotive industry.

Scope of the report:

• The report provides a comprehensive analysis of the global industrial laser market, segmented into fiber, diode, solid state and carbon dioxide lasers.
• The major regional markets have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Coherent, Inc., IPG Photonics Corporation, TRUMPF Group, Jenoptik AG, Lumentum Holdings Inc. and nLIGHT, Inc.) are also presented in detail.

Key Target Audience:

• Industrial Laser Manufacturers
• End Users
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

Contents

1. INTRODUCTION

1.1 Laser Technology
1.2 Principle of Laser Technology
1.3 Industrial Lasers
1.4 Components of Industrial Lasers
1.5 Advantages of Laser Processing
1.6 Applications of Lasers by Industry

2. IMPACT OF COVID-19

2.1 Decline in Global GDP Growth
2.2 Rise in Unemployment
2.3 Decline in Global Trade
2.4 Decline in Industrial Production
2.5 Accelerating Global Poverty

3. GLOBAL LASER MARKET ANALYSIS

3.1 Global Laser Market by Value
3.2 Global Laser Market Forecast by Value
3.3 Global Laser Market by Application

4. GLOBAL INDUSTRIAL LASER MARKET ANALYSIS

4.1 Global Industrial Laser Market by Value
4.2 Global Industrial Laser Market Forecast by Value
4.3 Global Industrial Laser Market by Application
  4.3.1 Global Macro processing Industrial Laser Market by Value
  4.3.2 Global Macro processing Industrial Laser Market Forecast by Value
  4.3.3 Global Micro processing Industrial Laser Market by Value
  4.3.4 Global Micro processing Industrial Laser Market by Value
  4.3.5 Global Marking Industrial Laser Market by Value
  4.3.6 Global Marking Industrial Laser Market Forecast by Value
4.4 Global Industrial Laser Market by Laser Type
  4.4.1 Global Fiber Industrial Laser Market by Value
  4.4.2 Global Fiber Industrial Laser Market Forecast by Value
  4.4.3 Global Fiber Industrial Laser Market Volume Forecast
  4.4.4 Global Carbon Dioxide Industrial Laser Market by Value
  4.4.5 Global Carbon Dioxide Industrial Laser Market Forecast by Value
  4.4.6 Global Solid State/Disk Industrial Laser Market by Value
  4.4.7 Global Solid State/Disk Industrial Laser Market Forecast by Value
  4.4.8 Global Diode/Eximer Industrial Laser Market by Value
  4.4.9 Global Diode/Eximer Industrial Laser Market by Value

5. REGIONAL INDUSTRIAL LASER MARKET ANALYSIS

5.1 China
  5.1.1 China Industrial Laser Market by Value
  5.1.2 China Industrial Laser Market Forecast by Value
  5.1.3 China Fiber Industrial Laser Market by Value
  5.1.4 China Fiber Industrial Laser Market Forecast by Value
  5.1.5 China Fiber Industrial Laser Market by Power

6. MARKET DYNAMICS

6.1 Growth Drivers
  6.1.1 Upsurge in Industrialization and Economic Growth
  6.1.2 Growing Urban Population
  6.1.3 Rise in Industrial Revolution
  6.1.4 Rise in Adoption of Fiber Laser Technology
  6.1.5 Flexibility and Time-efficiency Properties of Laser Systems
6.2 Key Trends & Developments
  6.2.1 Increasing Number of M&A
  6.2.2 Increasing Use of Collaborative Robots
  6.2.3 Growing Investment in Manufacturing Plants
6.3 Challenges
  6.3.1 Challenges Related to Regulatory Compliance

7. COMPETITIVE LANDSCAPE

7.1 Global Market
  7.1.1 Key Players - Revenue Comparison
  7.1.2 Key Players - Market Cap Comparison
  7.1.3 Global Industrial Laser Market by Company

8. COMPANY PROFILES

8.1 Coherent, Inc.
  8.1.1 Business Overview
  8.1.2 Financial Overview
  8.1.3 Business Strategies
8.2 IPG Photonics Corporation
  8.2.1 Business Overview
  8.2.2 Financial Overview
  8.2.3 Business Strategies
8.3 TRUMPF Group
  8.3.1 Business Overview
  8.3.2 Financial Overview
  8.3.3 Business Strategies
8.4 Jenoptik AG
  8.4.1 Business Overview
  8.4.2 Financial Overview
  8.4.3 Business Strategies
8.5 Lumentum Holdings Inc.
  8.5.1 Business Overview
  8.5.2 Financial Overview
  8.5.3 Business Strategies
8.6 nLIGHT, Inc.
  8.6.1 Business Overview
  8.6.2 Financial Overview
  8.6.3 Business Strategies

List Of Figures

LIST OF FIGURES

Laser Processing Schematic
Components of Industrial Laser
Global GDP Growth Rate (2005-2020)
Unemployment Based on Income Groups (2020)
Global Merchandise Trade Values (2020)
Global Poverty Rate (2015-2020)
Global Laser Market by Value (2015-2019)
Global Laser Market Forecast by Value (2020-2024)
Global Laser Market by Application (2019)
Global Industrial Laser Market by Value (2015-2019)
Global Industrial Laser Market Forecast by Value (2020-2024)
Global Industrial Laser Market by Application (2019)
Global Macro processing Industrial Laser Market by Value (2015-2019)
Global Macro processing Industrial Laser Market Forecast by Value (2020-2024)
Global Micro processing Industrial Laser Market by Value (2015-2019)
Global Micro processing Industrial Laser Market Forecast by Value (2020-2024)
Global Marking Industrial Laser Market by Value (2015-2019)
Global Marking Industrial Laser Market Forecast by Value (2020-2024)
Global Industrial Laser Market by Laser Type (2019)
Global Fiber Industrial Laser Market by Value (2015-2019)
Global Fiber Industrial Laser Market Forecast by Value (2020-2024)
Global Fiber Industrial Laser Market Volume Forecast (2019-2024)
Global Carbon Dioxide Industrial Laser Market by Value (2015-2019)
Global Carbon Dioxide Industrial Laser Market Forecast by Value (2020-2024)
Global Solid State/Disk Industrial Laser Market by Value (2015-2019)
Global Solid State/Disk Industrial Laser Market Forecast by Value (2020-2024)
Global Diode/Eximer Industrial Laser Market by Value (2015-2019)
Global Diode/Eximer Industrial Laser Market Forecast by Value (2020-2024)
China Industrial Laser Market by Value (2015-2019)
China Industrial Laser Market Forecast by Value (2020-2024)
China Fiber Industrial Laser Market by Value (2015-2019)
China Fiber Industrial Laser Market Forecast by Value (2020-2024)
Domestic Market Share of China Fiber Laser by Power (2015-2019)
Global GDP Per Capita (2015-2019)
Global Urban Population (2015-2019)
Global Industrial Laser Market Share by Company (2019)
Coherent, Inc. Net Sales by Business Segments (2019)
Coherent, Inc. Net Sales by Geograpy (2019)
Coherent, Inc. Net Sales and Net Income (2015-2019)
IPG Photonic Corporation Net Sales by Product Type (2019)
IPG Photonic Corporation Net Sales by Geography (2019)
IPG Photonic Corporation Net Sales and Net Income (2015-2019)
TRUMPF Sales by Region (2018/19)
TRUMPF Sales and Net Income (2014/15-2018/19)
Jenoptik Corporation Revenue by Segments (2019)
Jenoptik Corporation Revenue by Region (2019)
Jenoptik Corporation Revenue and Profit (2015-2019)
Lumentum Holdings Net Revenue by Segments (2020)
Lumentum Holdings Net Revenue and Net Income (2016-2020)
nLIGHT, Inc. Revenue by Segments (2019)
nLIGHT, Inc. Revenue by Region (2019)
nLIGHT, Inc. Revenue and Net Income (2015-2019)

List Of Tables

LIST OF TABLES

Advantages of Laser Processing Over Conventional Technologies
Applications of Lasers by Industry
Industrial Production Index (2019-2020)
Key Players - Revenue Comparison (2019)
Key Players - Market Cap Comparison (2019)