Global Laser Service Market Growth (Status and Outlook) 2022-2028

January 2021 | 86 pages | ID: G1EEE8EB251EN
LP Information

Abstracts

The report requires updating with new data and is sent in 48 hours after order is placed.

As the global economy mends, the 2021 growth of Laser Service will have significant change from previous year. According to our (LP Information) latest study, the global Laser Service market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Laser Service market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.

The United States Laser Service market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Laser Service market, reaching US$ million by the year 2028. As for the Europe Laser Service landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.

Global main Laser Service players cover Coherent, NHK, SIASUN, and Nufern, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of Laser Service market by product type, application, key players and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.

• Welding Service
• Cutting Service
• Marking Service

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.

• Materials Processing & Industrial
• Microelectronics
• Life Sciences & Medical
• Graphic Arts & Display
• Defense & Military
• Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.

• Coherent
• NHK
• SIASUN
• Nufern
• HGTECH
• Shenzhen Huaqiang Industry
• GOLDEN LASER
• Delphi Laser
• Lida Opical and Electronic

Contents

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Laser Service Market Size 2017-2028
  2.1.2 Laser Service Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Laser Service Segment by Type
  2.2.1 Welding Service
  2.2.2 Cutting Service
  2.2.3 Marking Service
2.3 Laser Service Market Size by Type
  2.3.1 Laser Service Market Size CAGR by Type (2017 VS 2022 VS 2028)
  2.3.2 Global Laser Service Market Size Market Share by Type (2017-2022)
2.4 Laser Service Segment by Application
  2.4.1 Materials Processing & Industrial
  2.4.2 Microelectronics
  2.4.3 Life Sciences & Medical
  2.4.4 Graphic Arts & Display
  2.4.5 Defense & Military
  2.4.6 Others
2.5 Laser Service Market Size by Application
  2.5.1 Laser Service Market Size CAGR by Application (2017 VS 2022 VS 2028)
  2.5.2 Global Laser Service Market Size Market Share by Application (2017-2022)

3 LASER SERVICE MARKET SIZE BY PLAYER

3.1 Laser Service Market Size Market Share by Players
  3.1.1 Global Laser Service Revenue by Players (2020-2022)
  3.1.2 Global Laser Service Revenue Market Share by Players (2020-2022)
3.2 Global Laser Service Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 LASER SERVICE BY REGIONS

4.1 Laser Service Market Size by Regions (2017-2022)
4.2 Americas Laser Service Market Size Growth (2017-2022)
4.3 APAC Laser Service Market Size Growth (2017-2022)
4.4 Europe Laser Service Market Size Growth (2017-2022)
4.5 Middle East & Africa Laser Service Market Size Growth (2017-2022)

5 AMERICAS

5.1 Americas Laser Service Market Size by Country (2017-2022)
5.2 Americas Laser Service Market Size by Type (2017-2022)
5.3 Americas Laser Service Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Laser Service Market Size by Region (2017-2022)
6.2 APAC Laser Service Market Size by Type (2017-2022)
6.3 APAC Laser Service Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 EUROPE

7.1 Europe Laser Service by Country (2017-2022)
7.2 Europe Laser Service Market Size by Type (2017-2022)
7.3 Europe Laser Service Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Laser Service by Region (2017-2022)
8.2 Middle East & Africa Laser Service Market Size by Type (2017-2022)
8.3 Middle East & Africa Laser Service Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 GLOBAL LASER SERVICE MARKET FORECAST

10.1 Global Laser Service Forecast by Regions (2023-2028)
  10.1.1 Global Laser Service Forecast by Regions (2023-2028)
  10.1.2 Americas Laser Service Forecast
  10.1.3 APAC Laser Service Forecast
  10.1.4 Europe Laser Service Forecast
  10.1.5 Middle East & Africa Laser Service Forecast
10.2 Americas Laser Service Forecast by Country (2023-2028)
  10.2.1 United States Laser Service Market Forecast
  10.2.2 Canada Laser Service Market Forecast
  10.2.3 Mexico Laser Service Market Forecast
  10.2.4 Brazil Laser Service Market Forecast
10.3 APAC Laser Service Forecast by Region (2023-2028)
  10.3.1 China Laser Service Market Forecast
  10.3.2 Japan Laser Service Market Forecast
  10.3.3 Korea Laser Service Market Forecast
  10.3.4 Southeast Asia Laser Service Market Forecast
  10.3.5 India Laser Service Market Forecast
  10.3.6 Australia Laser Service Market Forecast
10.4 Europe Laser Service Forecast by Country (2023-2028)
  10.4.1 Germany Laser Service Market Forecast
  10.4.2 France Laser Service Market Forecast
  10.4.3 UK Laser Service Market Forecast
  10.4.4 Italy Laser Service Market Forecast
  10.4.5 Russia Laser Service Market Forecast
10.5 Middle East & Africa Laser Service Forecast by Region (2023-2028)
  10.5.1 Egypt Laser Service Market Forecast
  10.5.2 South Africa Laser Service Market Forecast
  10.5.3 Israel Laser Service Market Forecast
  10.5.4 Turkey Laser Service Market Forecast
  10.5.5 GCC Countries Laser Service Market Forecast
10.6 Global Laser Service Forecast by Type (2023-2028)
10.7 Global Laser Service Forecast by Application (2023-2028)

11 KEY PLAYERS ANALYSIS

11.1 Coherent
  11.1.1 Coherent Company Information
  11.1.2 Coherent Laser Service Product Offered
  11.1.3 Coherent Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.1.4 Coherent Main Business Overview
  11.1.5 Coherent Latest Developments
11.2 NHK
  11.2.1 NHK Company Information
  11.2.2 NHK Laser Service Product Offered
  11.2.3 NHK Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.2.4 NHK Main Business Overview
  11.2.5 NHK Latest Developments
11.3 SIASUN
  11.3.1 SIASUN Company Information
  11.3.2 SIASUN Laser Service Product Offered
  11.3.3 SIASUN Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.3.4 SIASUN Main Business Overview
  11.3.5 SIASUN Latest Developments
11.4 Nufern
  11.4.1 Nufern Company Information
  11.4.2 Nufern Laser Service Product Offered
  11.4.3 Nufern Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.4.4 Nufern Main Business Overview
  11.4.5 Nufern Latest Developments
11.5 HGTECH
  11.5.1 HGTECH Company Information
  11.5.2 HGTECH Laser Service Product Offered
  11.5.3 HGTECH Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.5.4 HGTECH Main Business Overview
  11.5.5 HGTECH Latest Developments
11.6 Shenzhen Huaqiang Industry
  11.6.1 Shenzhen Huaqiang Industry Company Information
  11.6.2 Shenzhen Huaqiang Industry Laser Service Product Offered
  11.6.3 Shenzhen Huaqiang Industry Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.6.4 Shenzhen Huaqiang Industry Main Business Overview
  11.6.5 Shenzhen Huaqiang Industry Latest Developments
11.7 GOLDEN LASER
  11.7.1 GOLDEN LASER Company Information
  11.7.2 GOLDEN LASER Laser Service Product Offered
  11.7.3 GOLDEN LASER Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.7.4 GOLDEN LASER Main Business Overview
  11.7.5 GOLDEN LASER Latest Developments
11.8 Delphi Laser
  11.8.1 Delphi Laser Company Information
  11.8.2 Delphi Laser Laser Service Product Offered
  11.8.3 Delphi Laser Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.8.4 Delphi Laser Main Business Overview
  11.8.5 Delphi Laser Latest Developments
11.9 Lida Opical and Electronic
  11.9.1 Lida Opical and Electronic Company Information
  11.9.2 Lida Opical and Electronic Laser Service Product Offered
  11.9.3 Lida Opical and Electronic Laser Service Revenue, Gross Margin and Market Share (2020-2022)
  11.9.4 Lida Opical and Electronic Main Business Overview
  11.9.5 Lida Opical and Electronic Latest Developments

12 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES

Table 1. Laser Service Market Size CAGR by Region (2017 VS 2022 VS 2028) & ($ Millions)
Table 2. Major Players of Welding Service
Table 3. Major Players of Cutting Service
Table 4. Major Players of Marking Service
Table 5. Laser Service Market Size CAGR by Type (2017 VS 2022 VS 2028) & ($ Millions)
Table 6. Global Laser Service Market Size by Type (2017-2022) & ($ Millions)
Table 7. Global Laser Service Market Size Market Share by Type (2017-2022)
Table 8. Laser Service Market Size CAGR by Application (2017 VS 2022 VS 2028) & ($ Millions)
Table 9. Global Laser Service Market Size by Application (2017-2022) & ($ Millions)
Table 10. Global Laser Service Market Size Market Share by Application (2017-2022)
Table 11. Global Laser Service Revenue by Players (2020-2022) & ($ Millions)
Table 12. Global Laser Service Revenue Market Share by Player (2020-2022)
Table 13. Laser Service Key Players Head office and Products Offered
Table 14. Laser Service Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
Table 15. New Products and Potential Entrants
Table 16. Mergers & Acquisitions, Expansion
Table 17. Global Laser Service Market Size by Regions 2017-2022 & ($ Millions)
Table 18. Global Laser Service Market Size Market Share by Regions (2017-2022)
Table 19. Americas Laser Service Market Size by Country (2017-2022) & ($ Millions)
Table 20. Americas Laser Service Market Size Market Share by Country (2017-2022)
Table 21. Americas Laser Service Market Size by Type (2017-2022) & ($ Millions)
Table 22. Americas Laser Service Market Size Market Share by Type (2017-2022)
Table 23. Americas Laser Service Market Size by Application (2017-2022) & ($ Millions)
Table 24. Americas Laser Service Market Size Market Share by Application (2017-2022)
Table 25. APAC Laser Service Market Size by Region (2017-2022) & ($ Millions)
Table 26. APAC Laser Service Market Size Market Share by Region (2017-2022)
Table 27. APAC Laser Service Market Size by Type (2017-2022) & ($ Millions)
Table 28. APAC Laser Service Market Size Market Share by Type (2017-2022)
Table 29. APAC Laser Service Market Size by Application (2017-2022) & ($ Millions)
Table 30. APAC Laser Service Market Size Market Share by Application (2017-2022)
Table 31. Europe Laser Service Market Size by Country (2017-2022) & ($ Millions)
Table 32. Europe Laser Service Market Size Market Share by Country (2017-2022)
Table 33. Europe Laser Service Market Size by Type (2017-2022) & ($ Millions)
Table 34. Europe Laser Service Market Size Market Share by Type (2017-2022)
Table 35. Europe Laser Service Market Size by Application (2017-2022) & ($ Millions)
Table 36. Europe Laser Service Market Size Market Share by Application (2017-2022)
Table 37. Middle East & Africa Laser Service Market Size by Region (2017-2022) & ($ Millions)
Table 38. Middle East & Africa Laser Service Market Size Market Share by Region (2017-2022)
Table 39. Middle East & Africa Laser Service Market Size by Type (2017-2022) & ($ Millions)
Table 40. Middle East & Africa Laser Service Market Size Market Share by Type (2017-2022)
Table 41. Middle East & Africa Laser Service Market Size by Application (2017-2022) & ($ Millions)
Table 42. Middle East & Africa Laser Service Market Size Market Share by Application (2017-2022)
Table 43. Key Market Drivers & Growth Opportunities of Laser Service
Table 44. Key Market Challenges & Risks of Laser Service
Table 45. Key Industry Trends of Laser Service
Table 46. Global Laser Service Market Size Forecast by Regions (2023-2028) & ($ Millions)
Table 47. Global Laser Service Market Size Market Share Forecast by Regions (2023-2028)
Table 48. Global Laser Service Market Size Forecast by Type (2023-2028) & ($ Millions)
Table 49. Global Laser Service Market Size Market Share Forecast by Type (2023-2028)
Table 50. Global Laser Service Market Size Forecast by Application (2023-2028) & ($ Millions)
Table 51. Global Laser Service Market Size Market Share Forecast by Application (2023-2028)
Table 52. Coherent Details, Company Type, Laser Service Area Served and Its Competitors
Table 53. Coherent Laser Service Product Offered
Table 54. Coherent Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 55. Coherent Main Business
Table 56. Coherent Latest Developments
Table 57. NHK Details, Company Type, Laser Service Area Served and Its Competitors
Table 58. NHK Laser Service Product Offered
Table 59. NHK Main Business
Table 60. NHK Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 61. NHK Latest Developments
Table 62. SIASUN Details, Company Type, Laser Service Area Served and Its Competitors
Table 63. SIASUN Laser Service Product Offered
Table 64. SIASUN Main Business
Table 65. SIASUN Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 66. SIASUN Latest Developments
Table 67. Nufern Details, Company Type, Laser Service Area Served and Its Competitors
Table 68. Nufern Laser Service Product Offered
Table 69. Nufern Main Business
Table 70. Nufern Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 71. Nufern Latest Developments
Table 72. HGTECH Details, Company Type, Laser Service Area Served and Its Competitors
Table 73. HGTECH Laser Service Product Offered
Table 74. HGTECH Main Business
Table 75. HGTECH Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 76. HGTECH Latest Developments
Table 77. Shenzhen Huaqiang Industry Details, Company Type, Laser Service Area Served and Its Competitors
Table 78. Shenzhen Huaqiang Industry Laser Service Product Offered
Table 79. Shenzhen Huaqiang Industry Main Business
Table 80. Shenzhen Huaqiang Industry Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 81. Shenzhen Huaqiang Industry Latest Developments
Table 82. GOLDEN LASER Details, Company Type, Laser Service Area Served and Its Competitors
Table 83. GOLDEN LASER Laser Service Product Offered
Table 84. GOLDEN LASER Main Business
Table 85. GOLDEN LASER Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 86. GOLDEN LASER Latest Developments
Table 87. Delphi Laser Details, Company Type, Laser Service Area Served and Its Competitors
Table 88. Delphi Laser Laser Service Product Offered
Table 89. Delphi Laser Main Business
Table 90. Delphi Laser Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 91. Delphi Laser Latest Developments
Table 92. Lida Opical and Electronic Details, Company Type, Laser Service Area Served and Its Competitors
Table 93. Lida Opical and Electronic Laser Service Product Offered
Table 94. Lida Opical and Electronic Main Business
Table 95. Lida Opical and Electronic Laser Service Revenue ($ million), Gross Margin and Market Share (2020-2022)
Table 96. Lida Opical and Electronic Latest Developments

List Of Figures

LIST OF FIGURES

Figure 1. Laser Service Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Laser Service Market Size Growth Rate 2017-2028 ($ Millions)
Figure 6. Global Laser Service Market Size Market Share by Type in 2021
Figure 7. Laser Service in Materials Processing & Industrial
Figure 8. Global Laser Service Market: Materials Processing & Industrial (2017-2022) & ($ Millions)
Figure 9. Laser Service in Microelectronics
Figure 10. Global Laser Service Market: Microelectronics (2017-2022) & ($ Millions)
Figure 11. Laser Service in Life Sciences & Medical
Figure 12. Global Laser Service Market: Life Sciences & Medical (2017-2022) & ($ Millions)
Figure 13. Laser Service in Graphic Arts & Display
Figure 14. Global Laser Service Market: Graphic Arts & Display (2017-2022) & ($ Millions)
Figure 15. Laser Service in Defense & Military
Figure 16. Global Laser Service Market: Defense & Military (2017-2022) & ($ Millions)
Figure 17. Laser Service in Others
Figure 18. Global Laser Service Market: Others (2017-2022) & ($ Millions)
Figure 19. Global Laser Service Market Size Market Share by Application in 2021
Figure 20. Global Laser Service Revenue Market Share by Player in 2021
Figure 21. Global Laser Service Market Size Market Share by Regions (2017-2022)
Figure 22. Americas Laser Service Market Size 2017-2022 ($ Millions)
Figure 23. APAC Laser Service Market Size 2017-2022 ($ Millions)
Figure 24. Europe Laser Service Market Size 2017-2022 ($ Millions)
Figure 25. Middle East & Africa Laser Service Market Size 2017-2022 ($ Millions)
Figure 26. Americas Laser Service Value Market Share by Country in 2021
Figure 27. Americas Laser Service Consumption Market Share by Type in 2021
Figure 28. Americas Laser Service Market Size Market Share by Application in 2021
Figure 29. United States Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 30. Canada Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 31. Mexico Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 32. Brazil Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 33. APAC Laser Service Market Size Market Share by Region in 2021
Figure 34. APAC Laser Service Market Size Market Share by Application in 2021
Figure 35. China Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 36. Japan Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 37. Korea Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 38. Southeast Asia Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 39. India Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 40. Australia Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 41. Europe Laser Service Market Size Market Share by Country in 2021
Figure 42. Europe Laser Service Market Size Market Share by Type in 2021
Figure 43. Europe Laser Service Market Size Market Share by Application in 2021
Figure 44. Germany Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 45. France Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 46. UK Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 47. Italy Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 48. Russia Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 49. Middle East & Africa Laser Service Market Size Market Share by Region in 2021
Figure 50. Middle East & Africa Laser Service Market Size Market Share by Type in 2021
Figure 51. Middle East & Africa Laser Service Market Size Market Share by Application in 2021
Figure 52. Egypt Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 53. South Africa Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 54. Israel Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 55. Turkey Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 56. GCC Country Laser Service Market Size Growth 2017-2022 ($ Millions)
Figure 57. Americas Laser Service Market Size 2023-2028 ($ Millions)
Figure 58. APAC Laser Service Market Size 2023-2028 ($ Millions)
Figure 59. Europe Laser Service Market Size 2023-2028 ($ Millions)
Figure 60. Middle East & Africa Laser Service Market Size 2023-2028 ($ Millions)
Figure 61. United States Laser Service Market Size 2023-2028 ($ Millions)
Figure 62. Canada Laser Service Market Size 2023-2028 ($ Millions)
Figure 63. Mexico Laser Service Market Size 2023-2028 ($ Millions)
Figure 64. Brazil Laser Service Market Size 2023-2028 ($ Millions)
Figure 65. China Laser Service Market Size 2023-2028 ($ Millions)
Figure 66. Japan Laser Service Market Size 2023-2028 ($ Millions)
Figure 67. Korea Laser Service Market Size 2023-2028 ($ Millions)
Figure 68. Southeast Asia Laser Service Market Size 2023-2028 ($ Millions)
Figure 69. India Laser Service Market Size 2023-2028 ($ Millions)
Figure 70. Australia Laser Service Market Size 2023-2028 ($ Millions)
Figure 71. Germany Laser Service Market Size 2023-2028 ($ Millions)
Figure 72. France Laser Service Market Size 2023-2028 ($ Millions)
Figure 73. UK Laser Service Market Size 2023-2028 ($ Millions)
Figure 74. Italy Laser Service Market Size 2023-2028 ($ Millions)
Figure 75. Russia Laser Service Market Size 2023-2028 ($ Millions)
Figure 76. Spain Laser Service Market Size 2023-2028 ($ Millions)
Figure 77. Egypt Laser Service Market Size 2023-2028 ($ Millions)
Figure 78. South Africa Laser Service Market Size 2023-2028 ($ Millions)
Figure 79. Israel Laser Service Market Size 2023-2028 ($ Millions)
Figure 80. Turkey Laser Service Market Size 2023-2028 ($ Millions)
Figure 81. GCC Countries Laser Service Market Size 2023-2028 ($ Millions)