Industrial, Manufacturing & Heavy Industry Market News

Global laser processing industry worth $21.2 billion in 5 years

Industrial Market Research

The Global Laser Processing market is expected to grow from $9.84 billion in 2015 to reach $21.2 billion by 2022 with a CAGR of 11.6%.


Increasing consumption of high cost laser drilling in oil & gas investigation fields and increasing application areas are the current trends in laser processing market. The global market for laser processing is driven by the rising application of laser products in medical devices and surgeries and rising demand for high quality and authentic end-products.

Moreover, stringent government mandates for the use of laser technology in engraving and marking products, and the different advantages of laser technology over predictable material processing techniques would drive the market in coming years. The major restraints for laser processing are technical difficulties in high-power lasers, high cost and dearth of technical knowledge.3

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By product, Gas lasers segment is growing at the extreme rate and is likely to remain as the dominant segment throughout the forecast period.

The Asia Pacific region is likely to be the emerging regional market for laser processing due to increasing number of manufacturing plants of diverse companies across this region.

Some of the key players in global market include Prima Industrie S.p.A., Trumpf GmbH + Co. KG, Bystronic Laser AG, Newport Corp., LaserStar Technologies Corp., Epilog Laser Inc., Eurolaser GmbH, Han’s Laser Technology Co.

Ltd., Coherent Inc., Rofin-Sinar Technologies Inc., Amada Co. Ltd., IPG Photonics Corp., Universal Laser Systems Inc., and Jenoptik Laser GmbH.

Product Types Covered: 
• Gas lasers 
• Solid state lasers 
• Fiber lasers 
• Liquid lasers 
• Other Product types 

Machine Configurations Covered: 
• Fixed Beam 
• Moving Beam 
• Hybrid 

Applications Covered: 
• Micro Processing 
• Macro Processing 
o Cutting 
o Drilling 
o Welding 
o Marking & Engraving 
• Advanced Processing 
• Other Applications 

End Users Covered: 
• Automotive 
• Aerospace 
• OEMs 
• Electronics & Microelectronics 
• Medical 
• Packaging 

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• Rest of the World 
o Middle East 
o Brazil 
o Argentina 
o South Africa 
o Egypt

What our report offers: 
- Market share assessments for the regional and country level segments 
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants 
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets 
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic recommendations in key business segments based on the market estimations 
- Competitive landscaping mapping the key common trends 
- Company profiling with detailed strategies, financials, and recent developments 
- Supply chain trends mapping the latest technological advancements

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Table of Contents

1 Executive Summary 2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Product Analysis 
3.7 Application Analysis 
3.8 End User Analysis 
3.9 Emerging Markets 
3.10 Futuristic Market Scenario 4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry 5 Global Laser Processing Market, By Product Type 
5.1 Introduction 
5.2 Gas lasers 
5.3 Solid state lasers 
5.4 Fiber lasers 
5.5 Liquid lasers 
5.6 Other Product Types 6 Global Laser Processing Market, By Machine Configuration 
6.1 Introduction 
6.2 Fixed Beam 
6.3 Moving Beam 
6.4 Hybrid 7 Global Laser Processing Market, By Application 
7.1 Introduction 
7.2 Micro Processing 
7.3 Macro Processing 
7.3.1 Cutting 
7.3.2 Drilling 
7.3.3 Welding 
7.3.4 Marking & Engraving 
7.4 Advanced Processing 
7.5 Other Applications 8 Global Laser Processing Market, By End Users 
8.1 Introduction 
8.2 Automotive 
8.3 Aerospace 
8.4 OEMs 
8.5 Electronics & Microelectronics 
8.6 Medical 
8.7 Packaging 9 Global Laser Processing Market, By Geography 
9.1 North America 
9.1.1 US 
9.1.2 Canada 
9.1.3 Mexico 
9.2 Europe 
9.2.1 Germany 
9.2.2 France 
9.2.3 Italy 
9.2.4 UK 
9.2.5 Spain 
9.2.6 Rest of Europe 
9.3 Asia Pacific 
9.3.1 Japan 
9.3.2 China 
9.3.3 India 
9.3.4 Australia 
9.3.5 New Zealand 
9.3.6 Rest of Asia Pacific 
9.4 Rest of the World 
9.4.1 Middle East 
9.4.2 Brazil 
9.4.3 Argentina 
9.4.4 South Africa 
9.4.5 Egypt 10 Key Developments 
10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
10.2 Acquisitions & Mergers 
10.3 New Product Launch 
10.4 Expansions 
10.5 Other Key Strategies 11 Company Profiling 
11.1 Alltec GmbH 
11.2 Bystronic Laser AG 
11.3 Coherent Inc. 
11.4 Epilog Laser Inc., Universal Laser Inc. 
11.5 Eurolaser GmbH 
11.6 Han’s Laser Technology Co. Ltd. 
11.7 IPG Photonics Corporation 
11.8 Jenoptik Laser GmbH 
11.9 LaserStar Technologies Corporation 
11.10 Lumentum Holdings Inc. 
11.11 Newport Corporation 
11.12 Prima Industrie S.p.A. 
11.13 Rofin-Sinar Technologies Inc. 
11.14 Trumpf GmbH + Co. KG 


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