[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Laser Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

November 2022 | 143 pages | ID: LCFAD2E75603EN
IMARC Group

US$ 2,499.00

E-mail Delivery (PDF), Hard Copy Mail Delivery, CD-ROM Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global laser processing market size reached US$ 4.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2027, exhibiting a growth rate (CAGR) of 7.58% during 2022-2027.

Laser processing helps in laser welding, laser cutting, surface modification, laser drilling, and micro-processing. It utilizes projected beams that can be moving, fixed, or hybrid for engraving, etching, micro processing, and material processing. It is a non-contact processing technique that provides the manufacturer with high-quality, smooth and dimensionally accurate cuts. It also improves the damage resistance of materials and offers composites with no microcracks, which make it more popular than its traditional processing techniques. Nowadays, laser processing technology is widely used in automotive, aerospace and defense, architecture, packaging, and telecommunication industries for punching, cutting, scribing, welding, and heat treatments.

Laser Processing Market Trends:
The global laser processing market is primarily driven by various advantages of laser process over conventional material processing technologies. Laser processing provides a permanent, faster, and accurate way of marking and engraving while offering high efficiency, superior beam quality and reliability. Besides this, the rising trend of miniaturization of products and microelectronic devices is fueling the market growth. Furthermore, there has been growing adoption of laser processing technology in the manufacturing of medical devices such as pacemakers, implantable devices and surgical tools. Moreover, technological advancements have also enhanced the edge quality and cutting speed of laser processing. For instance, the development of a liquid-crystal spatial light modulator (SLM) by Hamamatsu Photonics with the highest pulsed laser power capabilities of up to 400 GW/cm2 is helping users to achieve high-throughput and high-precision laser processing. Furthermore, the utilization of expensive laser-drilling techniques in oil and gas exploration, which reduce the cost of drilling and improve the feasibility of uneconomic oil deposits across the globe, is further expected to drive the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global laser processing market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on process, product and application.

Breakup by Process:

Material Processing
Marking and Engraving
Micro-Processing

Breakup by Product:

Gas
Solid-State
Fiber
Others

Breakup by Application:

Automotive
Aerospace
Machine Tools
Electronics and Microelectronics
Medical
Packaging

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bystronic Laser Ag, Coherent Inc., Epilog Laser, Eurolaser GmbH, Han's Laser Technology Industry Group Co. Ltd., IPG Photonics Corporation, Jenoptik AG, LaserStar Technologies Corporation, Newport Corporation (MKS Instruments Inc.), Prima Industrie S.p.A., Trumpf GmbH + Co. KG and Universal Laser Systems Inc.

Key Questions Answered in This Report:
How has the global laser processing market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global laser processing market?
What are the key regional markets?
What is the breakup of the market based on the process?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global laser processing market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL LASER PROCESSING MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PROCESS

6.1 Material Processing
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Marking and Engraving
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Micro-Processing
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY PRODUCT

7.1 Gas
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Solid-State
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Fiber
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Automotive
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Aerospace
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Machine Tools
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Electronics and Microelectronics
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Medical
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Packaging
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Bystronic Laser Ag
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Coherent Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Epilog Laser
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 Eurolaser GmbH
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 Han's Laser Technology Industry Group Co. Ltd.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
  14.3.6 IPG Photonics Corporation
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
  14.3.7 Jenoptik AG
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
  14.3.8 LaserStar Technologies Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Newport Corporation (MKS Instruments Inc.)
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 SWOT Analysis
  14.3.10 Prima Industrie S.p.A.
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
  14.3.11 Trumpf GmbH + Co. KG
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Universal Laser Systems Inc.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Laser Processing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Laser Processing Market Forecast: Breakup by Process (in Million US$), 2022-2027
Table 3: Global: Laser Processing Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Laser Processing Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Laser Processing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Laser Processing Market: Competitive Structure
Table 7: Global: Laser Processing Market: Key Players

LIST OF FIGURES

Figure 1: Global: Laser Processing Market: Major Drivers and Challenges
Figure 2: Global: Laser Processing Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Laser Processing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Laser Processing Market: Breakup by Process (in %), 2021
Figure 5: Global: Laser Processing Market: Breakup by Product (in %), 2021
Figure 6: Global: Laser Processing Market: Breakup by Application (in %), 2021
Figure 7: Global: Laser Processing Market: Breakup by Region (in %), 2021
Figure 8: Global: Laser Processing (Material Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Laser Processing (Material Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Laser Processing (Marking and Engraving) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Laser Processing (Marking and Engraving) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Laser Processing (Micro-Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Laser Processing (Micro-Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Laser Processing (Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Laser Processing (Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Laser Processing (Solid-State) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Laser Processing (Solid-State) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Laser Processing (Fiber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Laser Processing (Fiber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Laser Processing (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Laser Processing (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Laser Processing (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Laser Processing (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Laser Processing (Aerospace) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Laser Processing (Aerospace) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Laser Processing (Machine Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Laser Processing (Machine Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Laser Processing (Electronics and Microelectronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Laser Processing (Electronics and Microelectronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Laser Processing (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Laser Processing (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Laser Processing (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Laser Processing (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Laser Processing Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Laser Processing Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Laser Processing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Laser Processing Industry: SWOT Analysis
Figure 84: Global: Laser Processing Industry: Value Chain Analysis
Figure 85: Global: Laser Processing Industry: Porter's Five Forces Analysis


More Publications