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Laser Processing Market with COVID-19 Impact analysis by Laser Type (Solid Lasers, Liquid Lasers, Gas Lasers), Configuration (Fixed Beam, Moving Beam, Hybrid), Revenue (System Revenue, Laser Revenue), Application, End-user Industry, and Region - Global Forecast to 2025

June 2020 | 222 pages | ID: L4761CE6A25EN
MarketsandMarkets

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“Laser processing market to grow at CAGR of 7.8% from 2020 to 2025”

The global laser processing market size is projected to grow from USD 4.0 billion in 2020 to USD 5.8 billion by 2025; it is projected to record a CAGR of 7.8%. The laser processing industry’s growth is driven mainly by the growing preference of end-user industries for laser-based material processing over traditional approaches, increasing demand for high-quality and genuine end-products, rising demand for miniaturization of microelectronic devices, and surging technological advancements in the medical sector. High deployment cost and lack of personnel with required technical expertise are expected to restrain the market’s growth.

“Machine tools end-user industry to hold largest share of laser processing market by 2025”

The machine tools end-user industry segment is projected to hold the largest share of the laser processing market during the forecast period. Lasers play an integral role in general machine construction, mainly in cutting and welding purposes. Lasers help achieve clean-cut edges and reliable weld seams, especially in the field of sheet metal and tube processing. For instance, lasers are used in the production of tubes and other components that are cut or welded. This has opened numerous application areas for lasers in the machine tools industry.

“Solid lasers to hold largest share of laser processing market by 2025”

The solid lasers segment is projected to hold the largest share of the laser processing market during the forecast period. Solid lasers prevent the wastage of materials in the active medium and produce both continuous and pulsed output with high efficiency. These lasers have numerous applications, such as drilling holes in metals, endoscopy in medical, and targeting in military.

“Hybrid configuration segment to hold largest share of laser processing market by 2025”

The hybrid configuration segment is projected to hold the largest share of the laser processing market during the forecast period. A hybrid system is more efficient than the moving beam system as it provides a constant beam delivery path length and allows a comparatively simpler beam delivery system. This is due to the presence of a movable table and a movable head in the hybrid system.

“System revenue segment to hold larger share in laser processing market by 2025”

The system revenue segment is projected to hold a larger share of the laser processing market during the forecast period. System revenue covers the revenue generated from the sales of several types of laser processing systems, such as systems for marking & engraving, welding & brazing, cutting & scribing, drilling, cladding & coating, annealing, material removal, and other multi-function laser processing systems.

“Cutting application segment to hold largest share of laser processing market by 2025”

The cutting application segment is projected to hold the largest share of the laser processing market during the forecast period. The need for high-powered lasers for cutting of metals and non-metals is increasing worldwide. Lasers have also gained considerable traction in low-power applications, such as plastics cutting and paper cutting, in recent years. In the microelectronics industry, lasers have proven to be an economical method of cutting wafers to deliver high-quality products.

“APAC to be largest laser processing market by 2025”

Asia Pacific (APAC) is projected to hold the largest share of the global laser processing market during the forecast period. The major countries contributing to the laser processing industry in APAC include China, Japan, South Korea, and India. APAC has been ahead in terms of the adoption of laser processing solutions as compared with other regions. High population density, rise in R&D investments in technologies, and growth of the manufacturing and electronics sectors are expected to drive the growth of the laser processing market in the region.

Breakdown of Profiles of Primary Participants:
  • By Company: Tier 1 - 25%, Tier 2 - 40%, and Tier 3 - 35%
  • By Designation: C-level Executives - 35%, Directors - 25%, and Others* - 40%
  • By Region: North America - 45%, Europe - 20%, APAC - 25%, and RoW** - 10%
*Others include VPs, sales, marketing, and product managers.
**RoW includes South America and Middle East & Africa.

Major Players Profiled:
  • Coherent (US)
  • Trumpf (Germany)
  • Han’s Laser (China)
  • IPG Photonics (US)
  • Jenoptik (Germany)
  • Lumentum (US)
  • Gravotech (France)
  • LaserStar (US)
  • Lumibird (France)
  • Epilog Laser (US)
Research Coverage

This report offers detailed insights into the laser processing market, which is segmented based on laser type into solid lasers, gas lasers, liquid lasers, and others. Based on revenue, the market is segmented into laser revenue and system revenue. Based on application, the market is segmented into cutting, welding, drilling, marking & engraving, microprocessing, advanced processing, and others. Based on configuration, the market is segmented into fixed beam, moving beam, and hybrid. Based on end-user industry, the market is segmented into machine tools, microelectronics, automotive, medical & life sciences, aerospace & defense, architecture, and others. The study also forecasts the size of the market based on four regions—North America, Europe, Asia Pacific (APAC), and RoW.

Reasons to Buy the Report

The report would help market leaders/new entrants in the following ways:
  • It segments the laser processing market comprehensively and provides the closest approximations of the overall and segment-based market sizes across different laser types, revenue types, configurations, applications, end-user industries, and regions.
  • The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for the growth of the market.
  • This report would help stakeholders understand their competitors better and gain more insights to enhance their market position. The competitive landscape section includes the competitive analysis of top players, as well as strategies such as product launches & developments, mergers and acquisitions, partnerships, and contracts adopted by major market players.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
  1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED
  1.3.2 GEOGRAPHIC SCOPE
  1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY AND PRIMARY RESEARCH
    2.1.1.1 Key industry insights
  2.1.2 SECONDARY DATA
    2.1.2.1 List of major secondary sources
    2.1.2.2 Secondary sources
  2.1.3 PRIMARY DATA
    2.1.3.1 Primary interviews with experts
    2.1.3.2 Breakdown of primaries
    2.1.3.3 Primary sources
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
    2.2.1.1 Estimating market size through bottom-up approach (demand side)
  2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN LASER PROCESSING MARKET
4.2 LASER PROCESSING MARKET IN APAC, BY COUNTRY AND END-USER INDUSTRY
4.3 LASER PROCESSING MARKET, BY LASER TYPE
4.4 LASER PROCESSING MARKET, BY REVENUE
4.5 LASER PROCESSING MARKET, BY END-USER INDUSTRY
4.6 LASER PROCESSING MARKET, BY APPLICATION
4.7 LASER PROCESSING MARKET, BY COUNTRY

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
  5.2.1 DRIVERS
    5.2.1.1 Preference for laser-based material processing over traditional approaches
    5.2.1.2 Increasing demand for high-quality and genuine products
    5.2.1.3 Demand for miniaturization of microelectronic devices
    5.2.1.4 Technological advancements in medical sector
  5.2.2 RESTRAINTS
    5.2.2.1 High deployment cost and lack of personnel with required technical expertise
  5.2.3 OPPORTUNITIES
    5.2.3.1 Growing number of application areas
    5.2.3.2 Surging demand for custom marking and engraving
    5.2.3.3 Increasing automation across manufacturing sector
  5.2.4 CHALLENGES
    5.2.4.1 Technical complexities in high-power lasers
    5.2.4.2 Environmental concerns over use of rare earth elements
5.3 IMPACT OF COVID-19 ON LASER PROCESSING MARKET
5.4 VALUE CHAIN ANALYSIS

6 LASER PROCESSING MARKET, BY LASER TYPE

6.1 INTRODUCTION
6.2 SOLID LASERS
  6.2.1 FIBER LASERS
    6.2.1.1 Fiber lasers to hold largest share of solid lasers market during forecast period
  6.2.2 RUBY LASERS
    6.2.2.1 Ruby lasers are used in science programs across various educational institutions, and for decoration and artistic purposes
  6.2.3 YTTRIUM ALUMINUM GARNET (YAG) LASERS
    6.2.3.1 Nd:YAG lasers can reach deeper layers of skin tissues than other lasers
  6.2.4 SEMICONDUCTOR LASERS
    6.2.4.1 Semiconductor lasers are natural transmitters of digital data because they can be pulsed at variable rate and pulse widths
  6.2.5 THIN-DISK LASERS
    6.2.5.1 Due to their cooling properties, thin-disk lasers are used across several industrial applications and in scientific research
6.3 LIQUID LASERS
  6.3.1 X-RAY LASERS
    6.3.1.1 Major application areas of X-ray lasers are research related to dense plasmas, X-ray microscopy, medical imaging, military & defense, and surface research
  6.3.2 DYE LASERS
    6.3.2.1 Dye lasers offer lesser beam diameter and beam divergence, ease of construction, and high efficiency
6.4 GAS LASERS
  6.4.1 CO2 LASERS
    6.4.1.1 CO2 laser offers high power, performance, and compact size for a sealed laser
  6.4.2 EXCIMER/DIODE LASERS
    6.4.2.1 Excimer/diode lasers operate in ultraviolet (UV) spectral region and generate nanosecond pulses
  6.4.3 HE-NE LASERS
    6.4.3.1 He-Ne are low-cost lasers providing good beam quality
  6.4.4 ARGON LASERS
    6.4.4.1 Application areas of argon lasers include scientific research and medical
  6.4.5 CHEMICAL LASERS
    6.4.5.1 Chemical lasers are capable of achieving high power by obtaining required energy levels from chemical reactions
6.5 OTHERS
  6.5.1 PHOTONIC CRYSTAL LASER AND INDUSTRIAL SHORT-PULSE LASERS ARE USED FOR APPLICATIONS SUCH AS CUTTING, WELDING, DRILLING, AND MARKING & ENGRAVING

7 LASER PROCESSING MARKET, BY REVENUE

7.1 INTRODUCTION
7.2 SYSTEM REVENUE
  7.2.1 GROWING DEMAND FOR LASER SYSTEMS ACROSS SEVERAL END-USER INDUSTRIES DRIVES REVENUE FROM SYSTEM SALES
7.3 LASER REVENUE
  7.3.1 GROWING DEMAND FOR SEVERAL TYPES OF LASERS DRIVES LASER REVENUE SEGMENT

8 LASER PROCESSING MARKET, BY CONFIGURATION

8.1 INTRODUCTION
8.2 TYPES OF CONFIGURATION FOR LASER PROCESSING
  8.2.1 FIXED BEAM
    8.2.1.1 Fixed-beam configuration has laser beam in stationary position and requires lesser optics
  8.2.2 MOVING BEAM
    8.2.2.1 Moving beam configuration segment is expected to grow at highest CAGR
  8.2.3 HYBRID
    8.2.3.1 Hybrid laser processing systems are more efficient than moving beam systems
8.3 TYPES OF CONFIGURATION FOR LASER CUTTING AND ENGRAVING
  8.3.1 RASTER MODE
    8.3.1.1 Raster mode is applicable for engraving of texts and graphics on wood, aluminum, and flooring materials
  8.3.2 VECTOR MODE
    8.3.2.1 Vector mode allows for marking, scoring, or cutting of a material’s surface in a two-dimensional line

9 LASER PROCESSING MARKET, BY APPLICATION

9.1 INTRODUCTION
9.2 CUTTING
  9.2.1 FUSION CUTTING
    9.2.1.1 Fusion cutting provides oxide-free cut edges and requires no further treatment
  9.2.2 FLAME CUTTING
    9.2.2.1 Flame cutting allows high-speed cutting of thick plates
  9.2.3 SUBLIMATION CUTTING
    9.2.3.1 Sublimation cutting is an ideal choice for applications requiring delicate cutting work
9.3 WELDING
  9.3.1 THE LASER WELDING TECHNIQUE OFFERS HIGH PROCESSING SPEEDS
AND A LOW POWER DISTORTION
9.4 DRILLING
  9.4.1 SINGLE-PULSE DRILLING
    9.4.1.1 Single-pulse drilling allows drilling of large number of holes in less time
  9.4.2 PERCUSSION DRILLING
    9.4.2.1 Percussion drilling method produces deeper and more precise holes than single-shot drilling
  9.4.3 TREPANNING DRILLING
    9.4.3.1 Depth of up to 50mm is achievable through trepanning drilling
  9.4.4 HELICAL DRILLING
    9.4.4.1 Helical drilling facilitates easy drilling of large and deep holes
9.5 MARKING & ENGRAVING
  9.5.1 DIRECT LASER ENGRAVING
    9.5.1.1 Direct laser engraving is ideal for extremely fast and highly accurate print runs of catalogs or magazines
  9.5.2 SUBSURFACE LASER ENGRAVING
    9.5.2.1 Subsurface laser engraving allows two- and three-dimensional designs inside glass
  9.5.3 DIRECT PHOTOPOLYMER LASER IMAGING
    9.5.3.1 Direct photopolymer laser imaging process allows scanning electronically generated images
9.6 MICROPROCESSING
  9.6.1 LASERS ARE USED FOR MICROPROCESSING IN PCB LAYOUTS, SEMICONDUCTOR LITHOGRAPHY, AND MICROMACHINING PARTS
9.7 ADVANCED PROCESSING
  9.7.1 ADVANCED PROCESSING APPLICATION IS EXPECTED TO GROW AT HIGHEST CAGR
9.8 OTHERS
  9.8.1 OTHER APPLICATIONS INCLUDE LASER PERFORATING, LASER SOLDERING AND WELDING, AND LASER STRUCTURING

10 LASER PROCESSING MARKET, BY END-USER INDUSTRY

10.1 INTRODUCTION
10.2 MACHINE TOOLS
10.3 MICROELECTRONICS
  10.3.1 FLAT-PANEL DISPLAY (FPD)
    10.3.1.1 Lasers enable high process speed, better yield, and improved battery life with higher resolution and brightness at low cost for FPDs
  10.3.2 ADVANCED PACKAGING & INTERCONNECTS
    10.3.2.1 Lasers are used for cutting and scribing of wafers in advanced packaging and interconnects
  10.3.3 MICROMACHINING
    10.3.3.1 Excimer lasers are used to shape materials such as ceramics, glass, polymers, metals, and diamonds
  10.3.4 SEMICONDUCTOR MANUFACTURING
    10.3.4.1 Lasers can detect and locate defects as small as 0.01 micron
10.4 AUTOMOTIVE
  10.4.1 LASERS ARE UTILIZED FOR APPLICATIONS SUCH AS HIGH-STRENGTH STEEL CUTTING, SEAM WELDING, AND BRAZING
10.5 MEDICAL & LIFE SCIENCES
  10.5.1 LASER VISION CORRECTION
    10.5.1.1 Excimer lasers offer extreme reliability and high repetition rate in vision correction procedure
  10.5.2 CONFOCAL MICROSCOPE
    10.5.2.1 Confocal microscopes offer high resolution, submicron microscopy, and magnification range of 100X to 10,000
  10.5.3 OPTOGENETICS
    10.5.3.1 Ultrafast lasers are now being used for topological mapping and functional mapping of brain
  10.5.4 OTHERS
    10.5.4.1 Other application segments in medical & life sciences include flow cytometry, biodetection and analysis, multiphoton excitation (MPE) microscopy, enhanced magnetic resonance imaging (MRI), and dermatological treatment
10.6 AEROSPACE & DEFENSE
  10.6.1 LASER DEFENSE SYSTEM TECHNOLOGY
    10.6.1.1 Lasers are used in anti-missile defense systems to dispose of energy of warheads
  10.6.2 LASER RADAR (LIDAR)
    10.6.2.1 Lasers used in radar applications provide details regarding dimension and distance of targets with high accuracy
10.7 ARCHITECTURE
  10.7.1 LASERS USED IN ARCHITECTURE SECTOR HELP ARCHITECTS CREATE PRECISE MODELS OF STRUCTURES
10.8 OTHERS
  10.8.1 GLASS
    10.8.1.1 CO2 and Nd:YAG lasers are an ideal choice for cutting, welding, and marking & engraving applications
  10.8.2 WOOD
    10.8.2.1 All kinds of hardwoods, inlays, plywood, walnut wood, alder wood, and cherry wood can be engraved using laser systems
  10.8.3 PLASTIC
    10.8.3.1 Lasers are used for cutting, welding, and marking & engraving applications in plastics industry
  10.8.4 TOBACCO
    10.8.4.1 Lasers are used for perforation of cigarette tipping papers

11 GEOGRAPHIC ANALYSIS

11.1 INTRODUCTION
11.2 NORTH AMERICA
  11.2.1 US
    11.2.1.1 US held largest share of laser processing market in North America
  11.2.2 CANADA
    11.2.2.1 Demand from aerospace & defense and automotive end-user industries to foster market growth in US
  11.2.3 MEXICO
    11.2.3.1 Market in Mexico to grow at highest rate in North America
11.3 EUROPE
  11.3.1 GERMANY
    11.3.1.1 Germany held largest share of laser processing market in Europe in 2019
  11.3.2 FRANCE
    11.3.2.1 Increasing demand for solid and gas lasers to drive growth of laser processing market in France
  11.3.3 UK
    11.3.3.1 Presence of solid, liquid, and gas laser manufacturers to foster growth of laser processing market in UK
  11.3.4 ROE
    11.3.4.1 Laser processing market in RoE to grow at highest rate in Europe
11.4 APAC
  11.4.1 CHINA
    11.4.1.1 China held largest share of laser processing market in APAC in 2019
  11.4.2 JAPAN
    11.4.2.1 Heightened demand from automotive industry to foster laser processing market growth in Japan
  11.4.3 SOUTH KOREA
    11.4.3.1 Microelectronics and automotive industries to induce demand for laser processing systems in South Korea
  11.4.4 INDIA
    11.4.4.1 Laser processing market in India to capture highest CAGR during forecast period
  11.4.5 REST OF APAC
    11.4.5.1 Growth in manufacturing activities to drive demand for laser processing systems in Rest of APAC
11.5 ROW
  11.5.1 MEA
    11.5.1.1 MEA held larger share of laser processing market in RoW in 2019
  11.5.2 SOUTH AMERICA
    11.5.2.1 Laser processing market in South America to grow at higher CAGR in RoW

12 COMPETITIVE LANDSCAPE

12.1 INTRODUCTION
12.2 RANKING ANALYSIS OF PLAYERS IN LASER PROCESSING MARKET
12.3 COMPETITIVE LEADERSHIP MAPPING
  12.3.1 VISIONARY LEADERS
  12.3.2 DYNAMIC DIFFERENTIATORS
  12.3.3 INNOVATORS
  12.3.4 EMERGING COMPANIES
12.4 COMPETITIVE BENCHMARKING
  12.4.1 STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES)
  12.4.2 BUSINESS STRATEGY EXCELLENCE (25 COMPANIES)
12.5 COMPETITIVE SCENARIO
  12.5.1 EXPANSIONS
  12.5.2 PRODUCT LAUNCHES AND DEVELOPMENTS
  12.5.3 MERGERS & ACQUISITIONS
  12.5.4 CONTRACTS, PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS

13 COMPANY PROFILES

(Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 KEY PLAYERS
  13.1.1 COHERENT
  13.1.2 TRUMPF
  13.1.3 HAN'S LASER
  13.1.4 IPG PHOTONICS
  13.1.5 JENOPTIK
  13.1.6 LUMENTUM
  13.1.7 GRAVOTECH
  13.1.8 LASERSTAR
  13.1.9 LUMIBIRD
  13.1.10 EPILOG LASER
13.2 RIGHT TO WIN
  13.2.1 COHERENT
  13.2.2 HAN’S LASER
  13.2.3 TRUMPF
  13.2.4 IPG PHOTONICS
  13.2.5 JENOPTIK
13.3 OTHER COMPANIES
  13.3.1 NOVANTA
  13.3.2 MKS INSTRUMENTS
  13.3.3 EUROLASER
  13.3.4 600 GROUP
  13.3.5 BYSTRONIC LASER
  13.3.6 PHOTONICS INDUSTRIES
  13.3.7 PANASONIC
  13.3.8 DANAHER
  13.3.9 SINTEC OPTRONICS
  13.3.10 PRIMA INDUSTRIE
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

14 APPENDIX

14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS

LIST OF TABLES

TABLE 1 LASER PROCESSING MARKET, BY LASER TYPE, 2017–2025 (USD MILLION)
TABLE 2 SOLID LASERS PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 3 SOLID LASERS PROCESSING MARKET, BY SUBTYPE, 2017–2025 (USD MILLION)
TABLE 4 LIQUID LASERS PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 5 LIQUID LASERS PROCESSING MARKET, BY SUBTYPE, 2017–2025 (USD MILLION)
TABLE 6 GAS LASERS PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 7 GAS LASERS PROCESSING MARKET, BY SUBTYPE, 2017–2025 (USD MILLION)
TABLE 8 OTHER LASER PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 9 LASER PROCESSING MARKET, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 10 LASER PROCESSING MARKET FOR SYSTEM REVENUE, BY REGION, 2017–2025 (USD MILLION)
TABLE 11 LASER PROCESSING MARKET FOR LASER REVENUE, BY REGION, 2017–2025 (USD MILLION)
TABLE 12 LASER PROCESSING MARKET, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 13 FIXED-BEAM CONFIGURATION LASER PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 14 MOVING BEAM CONFIGURATION LASER PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 15 HYBRID CONFIGURATION LASER PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 16 COMPARISON OF DIFFERENT LASER PROCESSING CONFIGURATIONS
TABLE 17 RESULT COMPARISON OF RASTER AND VECTOR MODES
TABLE 18 LASER PROCESSING MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 19 LASER PROCESSING MARKET FOR CUTTING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 20 LASER PROCESSING MARKET BY WELDING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 21 LASER PROCESSING MARKET FOR DRILLING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 22 LASER PROCESSING MARKET BY MARKING & ENGRAVING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 23 LASER PROCESSING MARKET FOR MICROPROCESSING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 24 LASER PROCESSING MARKET FOR ADVANCED PROCESSING APPLICATION, BY REGION, 2017–2025 (USD MILLION)
TABLE 25 LASER PROCESSING MARKET FOR OTHER APPLICATIONS, BY REGION, 2017–2025 (USD MILLION)
TABLE 26 LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 27 LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 28 LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 29 LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 30 LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 31 LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 32 LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 33 LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 34 LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 35 LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 36 LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 37 LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 38 LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 39 LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 40 LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 41 LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 42 LASER PROCESSING MARKET FOR MEDICAL & LIFE SCIENCES END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 43 LASER PROCESSING MARKET FOR MEDICAL & LIFE SCIENCES END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 44 LASER PROCESSING MARKET FOR MEDICAL & LIFE SCIENCES END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 45 LASER PROCESSING MARKET FOR MEDICAL & LIFE SCIENCES END-USER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 46 LASER PROCESSING MARKET FOR MEDICAL & LIFE SCIENCES END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 47 LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 48 LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 49 LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 50 LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 51 LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 52 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 53 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 54 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 55 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY IN
NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 56 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 57 LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
TABLE 58 LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 59 LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 60 LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 61 LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES IN ROW, BY REGION, 2017–2025 (USD MILLION)
TABLE 62 LASER PROCESSING MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 63 LASER PROCESSING MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 64 LASER PROCESSING MARKET IN NORTH AMERICA, BY LASER TYPE, 2017–2025 (USD MILLION)
TABLE 65 LASER PROCESSING MARKET IN NORTH AMERICA, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 66 LASER PROCESSING MARKET IN NORTH AMERICA, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 67 LASER PROCESSING MARKET IN NORTH AMERICA, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 68 LASER PROCESSING MARKET IN NORTH AMERICA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 69 LASER PROCESSING MARKET IN US, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 70 LASER PROCESSING MARKET IN US, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 71 LASER PROCESSING MARKET IN CANADA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 72 LASER PROCESSING MARKET IN MEXICO, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 73 LASER PROCESSING MARKET IN EUROPE, BY COUNTRY, 2017–2027 (USD MILLION)
TABLE 74 LASER PROCESSING MARKET IN EUROPE, BY LASER TYPE, 2017–2025 (USD MILLION)
TABLE 75 LASER PROCESSING MARKET IN EUROPE, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 76 LASER PROCESSING MARKET IN EUROPE, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 77 LASER PROCESSING MARKET IN EUROPE, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 78 LASER PROCESSING MARKET IN EUROPE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 79 LASER PROCESSING MARKET IN GERMANY, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 80 LASER PROCESSING MARKET IN FRANCE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 81 LASER PROCESSING MARKET IN UK, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 82 LASER PROCESSING MARKET IN ROE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 83 LASER PROCESSING MARKET IN APAC, BY COUNTRY, 2017–2027 (USD MILLION)
TABLE 84 LASER PROCESSING MARKET IN APAC, BY LASER TYPE, 2017–2025 (USD MILLION)
TABLE 85 LASER PROCESSING MARKET IN APAC, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 86 LASER PROCESSING MARKET IN APAC, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 87 LASER PROCESSING MARKET IN APAC, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 88 LASER PROCESSING MARKET IN APAC, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 89 LASER PROCESSING MARKET IN CHINA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 90 LASER PROCESSING MARKET IN CHINA, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 91 LASER PROCESSING MARKET IN JAPAN, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 92 LASER PROCESSING MARKET IN SOUTH KOREA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 93 LASER PROCESSING MARKET IN INDIA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 94 LASER PROCESSING MARKET IN ROAPAC, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 95 LASER PROCESSING MARKET IN ROW, BY REGION, 2017–2027 (USD MILLION)
TABLE 96 LASER PROCESSING MARKET IN ROW, BY LASER TYPE, 2017–2025 (USD MILLION)
TABLE 97 LASER PROCESSING MARKET IN ROW, BY APPLICATION, 2017–2025 (USD MILLION)
TABLE 98 LASER PROCESSING MARKET IN ROW, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 99 LASER PROCESSING MARKET IN ROW, BY REVENUE, 2017–2025 (USD MILLION)
TABLE 100 LASER PROCESSING MARKET IN ROW, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 101 LASER PROCESSING MARKET IN MEA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 102 LASER PROCESSING MARKET IN SOUTH AMERICA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 103 EXPANSIONS, 2017–2019
TABLE 104 PRODUCT LAUNCHES AND DEVELOPMENTS, 2017–2019
TABLE 105 ACQUISITIONS, 2017–2019
TABLE 106 CONTRACTS, PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2017–2019

LIST OF FIGURES

FIGURE 1 LASER PROCESSING MARKET: RESEARCH DESIGN
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM PRODUCTS IN LASER PROCESSING MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATION FOR ONE COMPANY IN LASER PROCESSING MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 6 DATA TRIANGULATION
FIGURE 7 ASSUMPTIONS FOR THE RESEARCH STUDY
FIGURE 8 GLOBAL LASER PROCESSING MARKET (USD MILLION)
FIGURE 9 MACHINE TOOLS END-USER INDUSTRY ACCOUNTED FOR LARGEST SHARE OF LASER PROCESSING MARKET IN 2019
FIGURE 10 SOLID LASERS TYPE ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
FIGURE 11 CUTTING APPLICATION HELD LARGEST SHARE OF LASER PROCESSING MARKET, BY APPLICATION, IN 2019
FIGURE 12 SYSTEM REVENUE HELD LARGER SHARE OF LASER PROCESSING MARKET, BY REVENUE, IN 2019
FIGURE 13 LASER PROCESSING MARKET, BY REGION, 2019
FIGURE 14 PREFERENCE FOR LASER-BASED MATERIAL PROCESSING OVER TRADITIONAL APPROACHES DRIVES GROWTH OF LASER PROCESSING MARKET
FIGURE 15 CHINA AND MACHINE TOOLS END-USER INDUSTRY HELD LARGEST SHARE OF APAC LASER PROCESSING MARKET IN 2019
FIGURE 16 SOLID LASERS TO ACCOUNT FOR LARGEST SHARE OF LASER PROCESSING MARKET BASED ON LASER TYPE DURING 2020–2025
FIGURE 17 LASER REVENUE EXPECTED TO EXHIBIT HIGHER CAGR IN LASER PROCESSING MARKET DURING 2020–2025
FIGURE 18 MACHINE TOOLS END-USER INDUSTRY EXPECTED TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET BY 2025
FIGURE 19 CUTTING APPLICATION EXPECTED TO HOLD LARGEST SHARE OF
LASER PROCESSING MARKET BY 2025
FIGURE 20 GERMANY ACCOUNTED FOR LARGEST SHARE OF LASER PROCESSING
MARKET IN 2019
FIGURE 21 IMPACT OF DRIVERS AND OPPORTUNITIES ON LASER PROCESSING MARKET
FIGURE 22 IMPACT OF CHALLENGES AND RESTRAINTS ON LASER PROCESSING MARKET
FIGURE 23 GLOBAL AUTOMOTIVE SALES, BY VEHICLE TYPE, 2012–2018 (MILLION UNITS)
FIGURE 24 ANNUAL SHIPMENT OF INDUSTRIAL ROBOTS, BY REGION, 2012–2017
FIGURE 25 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED BY ORIGINAL EQUIPMENT MANUFACTURERS AND LASER SYSTEM INTEGRATORS
FIGURE 26 LASER PROCESSING MARKET, BY LASER TYPE
FIGURE 27 LASER PROCESSING MARKET FOR SOLID LASERS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 28 APAC TO HOLD LARGEST SHARE OF SOLID LASERS PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 29 APAC TO HOLD LARGEST SHARE OF GAS LASERS PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 30 LASER PROCESSING MARKET, BY REVENUE
FIGURE 31 LASER PROCESSING MARKET FOR LASER REVENUE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 32 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR SYSTEM REVENUE DURING FORECAST PERIOD
FIGURE 33 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR LASER REVENUE DURING FORECAST PERIOD
FIGURE 34 LASER PROCESSING MARKET, BY CONFIGURATION
FIGURE 35 LASER PROCESSING MARKET FOR MOVING BEAM TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 36 APAC TO HOLD LARGEST SHARE OF FIXED-BEAM CONFIGURATION LASER PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 37 APAC TO HOLD LARGEST SHARE OF MOVING BEAM CONFIGURATION LASER PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 38 APAC TO HOLD LARGEST SHARE OF HYBRID CONFIGURATION LASER PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 39 LASER PROCESSING MARKET, BY MACHINE CONFIGURATION
FIGURE 40 LASER PROCESSING, BY APPLICATION
FIGURE 41 LASER PROCESSING MARKET FOR ADVANCED PROCESSING TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 42 LASER PROCESSING MARKET FOR CUTTING APPLICATION TO CAPTURE LARGEST SIZE IN APAC DURING FORECAST PERIOD
FIGURE 43 LASER PROCESSING MARKET FOR MARKING & ENGRAVING APPLICATION TO CAPTURE LARGEST SIZE IN APAC DURING FORECAST PERIOD
FIGURE 44 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR OTHER APPLICATIONS DURING FORECAST PERIOD
FIGURE 45 LASER PROCESSING MARKET, BY END-USER INDUSTRY
FIGURE 46 LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 47 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR MACHINE TOOLS END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 48 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR MICROELECTRONICS END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 49 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR AUTOMOTIVE END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 50 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR
MEDICAL & LIFE SCIENCES END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 51 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR AEROSPACE & DEFENSE END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 52 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR ARCHITECTURE END-USER INDUSTRY DURING FORECAST PERIOD
FIGURE 53 APAC TO HOLD LARGEST SHARE OF LASER PROCESSING MARKET FOR OTHER END-USER INDUSTRIES DURING FORECAST PERIOD
FIGURE 54 GEOGRAPHIC SNAPSHOT: LASER PROCESSING MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 55 APAC TO PROCURE LARGEST SHARE IN LASER PROCESSING MARKET DURING FORECAST PERIOD
FIGURE 56 SNAPSHOT OF LASER PROCESSING MARKET IN NORTH AMERICA
FIGURE 57 MEXICO TO RECORD HIGHEST CAGR IN LASER PROCESSING MARKET IN
NORTH AMERICA DURING FORECAST PERIOD
FIGURE 58 LASER PROCESSING MARKET IN NORTH AMERICA FOR ARCHITECTURE INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 59 SNAPSHOT OF LASER PROCESSING MARKET IN EUROPE
FIGURE 60 ROE TO CAPTURE HIGHEST CAGR IN LASER PROCESSING MARKET IN EUROPE DURING FORECAST PERIOD
FIGURE 61 LASER PROCESSING MARKET IN EUROPE FOR ARCHITECTURE INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 62 SNAPSHOT OF LASER PROCESSING MARKET IN APAC
FIGURE 63 LASER PROCESSING MARKET IN INDIA TO CAPTURE HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 64 LASER PROCESSING MARKET IN APAC FOR ARCHITECTURE INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 65 LASER PROCESSING MARKET IN SOUTH AMERICA TO RECORD HIGHER CAGR DURING FORECAST PERIOD
FIGURE 66 LASER PROCESSING MARKET IN ROW FOR ARCHITECTURE INDUSTRY TO CAPTURE HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 67 MAJOR PLAYERS IN LASER PROCESSING MARKET ADOPTED PRODUCT LAUNCHES AS KEY GROWTH STRATEGY FROM 2017 TO 2019
FIGURE 68 TOP 5 COMPANIES IN LASER PROCESSING MARKET
FIGURE 69 LASER PROCESSING MARKET (GLOBAL) COMPETITIVE LEADERSHIP
MAPPING, 2019
FIGURE 70 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN LASER PROCESSING MARKET
FIGURE 71 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN LASER PROCESSING MARKET
FIGURE 72 MARKET EVOLUTION FRAMEWORK: PRODUCT LAUNCHES, FOLLOWED BY MERGERS & ACQUISITIONS, FUELED LASER PROCESSING MARKET GROWTH (2017–2019)
FIGURE 73 COHERENT: COMPANY SNAPSHOT
FIGURE 74 TRUMPF: COMPANY SNAPSHOT
FIGURE 75 HAN'S LASER: COMPANY SNAPSHOT
FIGURE 76 IPG PHOTONICS: COMPANY SNAPSHOT
FIGURE 77 JENOPTIK: COMPANY SNAPSHOT
FIGURE 78 LUMENTUM: COMPANY SNAPSHOT
FIGURE 79 LUMIBIRD: COMPANY SNAPSHOT


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