According to the new research report "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", 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% during the forecast period. 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.
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The laser processing market in APAC is projected to grow at the highest CAGR during the forecast period. The major countries contributing to the market 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
Key players operating in the laser processing market include Coherent (US), Trumpf (Germany), Han’s Laser (China), IPG Photonics (US), Jenoptik (Germany), Lumentum (US), Gravotech (France), LaserStar (US), Lumibird (France), and Epilog Laser (US). Most of these companies focus on organic and inorganic growth strategies, such as product launches & developments, mergers & acquisitions, agreements, contracts, partnerships, collaborations, and expansions, to increase their revenue.
Don’t miss out on business opportunities in Laser Processing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
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Northbrook, IL 60062
USA : 1-888-600-6441
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By Laser Type:
- Gas Lasers
- CO2 Lasers
- Excimer/Diode Lasers
- Argon Lasers
- Chemical Lasers
- He–Ne Lasers
- Solid Lasers
- Yttrium Aluminum Garnet (YAG) Lasers
- Semiconductor Lasers
- Thin-disk Lasers
- Ruby Lasers
- Fiber Lasers
- Liquid Lasers
- X-ray Lasers
- Dye Lasers
- Others
By Configuration:
- Laser Processing Configuration
- Fixed Beam
- Moving Beam
- Hybrid
- Laser Cutting and Engraving Configuration
- Raster Mode
- Vector Mode
By Revenue:
- Laser Revenue
- System Revenue
By Application:
- Cutting
- Fusion Cutting
- Flame Cutting
- Sublimation Cutting
- Drilling
- Single-pulse Drilling
- Percussion Drilling
- Trepanning Drilling
- Helical Drilling
- Welding
- Marking & Engraving
- Direct Laser Engraving
- Direct Photopolymer Laser Imaging
- Subsurface Laser Engraving
- Microprocessing
- Advanced Processing
- Others
By End-user Industry:
- Microelectronics
- Flat-panel Display (FPD)
- Advanced Packaging and Interconnects
- Semiconductor Manufacturing
- Micromachining
- Aerospace & Defense
- Laser Defense System Technology
- Laser Radar (LiDAR)
- Medical & Life Sciences
- Laser Vision Correction
- Confocal Microscopy
- Optogenetics
- Others
- Automotive
- Architecture
- Machine Tools
- Others (Glass, Wood, Plastics, and Tobacco)
By Region:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe (Italy, Russia, Austria, Netherlands, Denmark, Switzerland, Slovenia, Sweden, Finland, Norway, Romania, Bulgaria, Spain, and Poland)
- Asia Pacific (APAC)
- China
- Japan
- South Korea
- India
- Rest of Asia Pacific (Australia, Taiwan, Indonesia, the Philippines, and Singapore)
- Rest of the World (RoW)
- Middle East & Africa
- South America
The laser processing market in APAC is projected to grow at the highest CAGR during the forecast period. The major countries contributing to the market 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
Key players operating in the laser processing market include Coherent (US), Trumpf (Germany), Han’s Laser (China), IPG Photonics (US), Jenoptik (Germany), Lumentum (US), Gravotech (France), LaserStar (US), Lumibird (France), and Epilog Laser (US). Most of these companies focus on organic and inorganic growth strategies, such as product launches & developments, mergers & acquisitions, agreements, contracts, partnerships, collaborations, and expansions, to increase their revenue.
Don’t miss out on business opportunities in Laser Processing Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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