出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年3月
Laser Processing Market – Global Forecast To 2029
レーザー加工市場 : レーザーの種類 (固体レーザー、液体レーザー、気体レーザー)、構成 (固定ビーム、移動ビーム、ハイブリッド)、用途 (切断、溶接、穴あけ、マーキング、彫刻)、エンドユーザーの業界と地域別 – 2029年までの世界予測
Laser Processing Market by Laser Type (Solid Lasers, Liquid Lasers, Gas Lasers), Configuration (Fixed Beam, Moving Beam, Hybrid), Application (Cutting, Welding, Drilling, Marking and Engraving), End-user Industry and Region – Global Forecast to 2029
| ページ数 | 255 |
| 図表数 | 264 |
| 価格 | |
| シングルユーザライセンス | USD 4,950 |
| マルチユーザライセンス（5名） | USD 6,650 |
| コーポレート（サイト）ライセンス | USD 8,150 |
| エンタープライズライセンス | USD 10,000 |
| 種別 | 英文調査報告書 |
[myphp file=”contact”] 価格・納期について
Report Overview
The laser processing market is expected to reach USD 11.0 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 10.1% from 2024–2029.
レーザー加工市場は、2024 年の 68 億米ドルから 2029 年までに 110 億米ドルに達し、2024 年から 2029 年までの CAGR は 10.1% になると予想されています。
Surging demand for laser processing in medical applications, Advancement of laser-based techniques compared with conventional material processing methods, Significant transition towards nanodevices and microdevices production.
“Solid lasers segment is to hold the largest market share of laser processing market in 2023.”
Solid lasers are crucial in the laser processing market, propelled by their high power, precision, and adaptability to diverse materials. Particularly, advancements in fiber laser technology enhance performance and reliability. These energy-efficient lasers exhibit a compact design, facilitating easy integration into manufacturing systems. The decreased cost over time has expanded their accessibility, making them attractive to various industries. Solid lasers with a simple construction design and smaller beam diameter than a CO2 laser have numerous applications, including metal processing and medical applications such as eye surgery and environmental instrumentation measurements.
“Hybrid configuration is to hold the largest market share of laser processing market in 2023.”
Hybrid configuration holds the largest market share of laser processing market in 2023. Hybrid laser processing systems are gaining prominence driven by their versatility, multifunctionality, and the ability to combine different laser technologies, such as fiber and CO2 lasers. These systems offer optimized material processing, leveraging the strengths of various lasers for enhanced efficiency and quality outcomes. Hybrid systems provide increased flexibility and adaptability, making them suitable for diverse materials and applications. Particularly valuable in additive manufacturing, these systems enhance precision in layer-by-layer material deposition.
“Cutting application is to hold the largest market share of laser processing market in 2023.”
The availability of high-powered lasers, higher accuracy, and declining cost of lasers are some of the factors driving the laser processing market for the cutting application.
Cutting applications where lasers are being predominantly used include the cutting of hydro-formed parts and tubes, high-speed cutting of thin-sheet metals, and the cutting of thick-section materials, among others. Lasers offer a cost-effective and reliable means for the cutting of non-metal materials.
“Machine tools industry is to hold the largest market share of laser processing market in 2023.”
Machine Tools industry accounted for the largest share of laser processing market in 2023. Laser processing facilitates precision machining at a high level, empowering manufacturers to attain remarkable accuracy in intricate cutting, welding, and marking tasks. This level of precision is especially critical in the production of complex components within the machine tools industry. With a rising demand for precision machining, the incorporation of laser technology into machine tools is on the ascent. Laser-driven processes provide exceptional control over material removal and modification, thereby elevating the overall quality of machining operations.
“China is expected to hold the largest market share of laser processing market throughout the forecast period.”
The Asia Pacific comprises China, Japan, South Korea, and India. China’s robust industrialization and manufacturing expansion create a demand for advanced production technologies, with laser processing aligning well with these evolving needs expected to support the market growth in Asia Pacific. The electronics and semiconductor manufacturing sectors benefit from laser applications, while the automotive industry utilizes laser processing for cutting-edge manufacturing. In addition, the growth in China’s healthcare sector fuels demand for laser processing in medical device manufacturing.
The break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation – C-level Executives – 48%, Directors – 33%, and Others – 19%
• By Region – North America – 35%, Europe – 18%, Asia Pacific – 40%, and Rest of the World – 7%
Major players in the laser processing market include Coherent Corp. (US), TRUMPF (Germany), Han’s Laser Technology Industry Group Co., Ltd (China), IPG Photonics Corporation (US), Jenoptik AG (Germany) and others.
Research Coverage
The report segments the laser processing market by Laser Type, Configuration, Application, Industry and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall laser processing market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of critical drivers (Surging demand for laser processing in medical applications, Advancement of laser-based techniques compared with conventional material processing methods, Significant transition towards nanodevices and microdevices production, Rising demand for authentic and top notch products.), restraints (High deployment cost, lack of trained workforce), opportunities (Growing application of Laser Processing in automotive vertical, growing adoption of laser processing in surface treatment and engraving, emerging application of laser processing in research and development), challenges (environmental challenges related to the utilization of rare earth elements, technical challenges associated to high-power lasers) influencing the growth of the laser processing market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the laser processing market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the laser processing market across various regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the laser processing market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Coherent Corp. (US), TRUMPF (Germany), Han’s Laser Technology Industry Group Co., Ltd (China), IPG Photonics Corporation (US), Jenoptik AG (Germany) and others.
Table of Contents
1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 35
1.3.1 MARKETS COVERED 35
FIGURE 1 LASER PROCESSING MARKET SEGMENTATION 35
1.3.2 INCLUSIONS AND EXCLUSIONS 35
1.3.3 REGIONAL SCOPE 36
1.3.4 YEARS CONSIDERED 36
1.4 CURRENCY CONSIDERED 36
1.5 UNITS CONSIDERED 37
1.6 STAKEHOLDERS 37
1.7 SUMMARY OF CHANGES 37
1.8 IMPACT OF RECESSION 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
FIGURE 2 LASER PROCESSING MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 40
2.1.1.1 List of major secondary sources 40
2.1.1.2 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Breakdown of primaries 41
2.1.2.2 List of primary interview participants 42
2.1.2.3 Key industry insights 42
2.1.2.4 Key data from primary sources 43
2.1.3 SECONDARY AND PRIMARY RESEARCH 44
2.2 MARKET SIZE ESTIMATION METHODOLOGY 44
2.2.1 BOTTOM-UP APPROACH 45
2.2.1.1 Approach to arrive at market size using bottom-up analysis (demand side) 45
FIGURE 3 LASER PROCESSING MARKET: BOTTOM-UP APPROACH 45
2.2.2 TOP-DOWN APPROACH 45
2.2.2.1 Approach to arrive at market size using top-down analysis (supply side) 46
FIGURE 4 LASER PROCESSING MARKET: TOP-DOWN APPROACH 46
FIGURE 5 LASER PROCESSING MARKET SIZE ESTIMATION METHODOLOGY 46
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 48
FIGURE 6 LASER PROCESSING MARKET: DATA TRIANGULATION 48
2.4 RESEARCH ASSUMPTIONS 49
FIGURE 7 LASER PROCESSING MARKET: RESEARCH ASSUMPTIONS 49
2.5 RESEARCH LIMITATIONS 49
2.6 RISK ASSESSMENT 50
FIGURE 8 LASER PROCESSING MARKET: RISK ASSESSMENT 50
2.7 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON LASER PROCESSING MARKET 50
TABLE 1 LASER PROCESSING MARKET: PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON LASER PROCESSING MARKET 50
3 EXECUTIVE SUMMARY 51
FIGURE 9 GLOBAL LASER PROCESSING MARKET, 2020–2029 (USD MILLION) 51
FIGURE 10 SOLID LASERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52
FIGURE 11 HYBRID SEGMENT HELD LARGEST SHARE OF LASER PROCESSING MARKET, BY CONFIGURATION, IN 2023 52
FIGURE 12 MACHINE TOOLS ACCOUNTED FOR LARGEST MARKET SHARE, BY END-USER INDUSTRY, IN 2023 53
FIGURE 13 NORTH AMERICA TO EXHIBIT HIGHEST CAGR IN LASER PROCESSING MARKET FROM 2024 TO 2029 54
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LASER PROCESSING MARKET 55
FIGURE 14 ADOPTION OF LASER PROCESSING TECHNOLOGIES TO PROMOTE INDUSTRIAL AUTOMATION TO FOSTER MARKET GROWTH 55
4.2 LASER PROCESSING MARKET, BY LASER TYPE 55
FIGURE 15 SOLID LASERS HELD LARGEST SHARE OF LASER PROCESSING MARKET IN 2023 55
4.3 LASER PROCESSING MARKET, BY APPLICATION 56
FIGURE 16 CUTTING APPLICATION TO DOMINATE LASER PROCESSING MARKET DURING FORECAST PERIOD 56
4.4 LASER PROCESSING MARKET, BY END-USER INDUSTRY 56
FIGURE 17 MACHINE TOOLS INDUSTRY TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 56
4.5 LASER PROCESSING MARKET, BY COUNTRY 57
FIGURE 18 US TO EXHIBIT HIGHEST CAGR IN LASER PROCESSING MARKET DURING FORECAST PERIOD 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 19 LASER PROCESSING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.2.1 DRIVERS 58
5.2.1.1 Rising adoption of laser technologies in precision medicine and personalized treatments 58
5.2.1.2 Shifting preference from conventional material processing tools to laser-based techniques 59
5.2.1.3 Growing reliance on laser technology for manufacturing nano and micro devices 59
FIGURE 20 GLOBAL SEMICONDUCTOR SILICON MATERIAL SALES (MILLION SQUARE INCH), 2020–2022 60
5.2.1.4 Increasing use of lasers in marking and coding processes 60
FIGURE 21 IMPACT ANALYSIS: DRIVERS 61
5.2.2 RESTRAINTS 61
5.2.2.1 High R&D and upfront costs 61
5.2.2.2 Shortage of skilled workforce 62
FIGURE 22 IMPACT ANALYSIS: RESTRAINTS 62
5.2.3 OPPORTUNITIES 62
5.2.3.1 Growing adoption of laser technologies in automobile sector 62
FIGURE 23 GLOBAL AUTOMOTIVE SALES, BY VEHICLE TYPE, 2019–2022 (MILLION UNITS) 63
5.2.3.2 Increasing focus of consumer goods manufacturers on design innovation, customization, and functional enhancements 63
5.2.3.3 Rising use of lasers in scientific research 64
FIGURE 24 IMPACT ANALYSIS: OPPORTUNITIES 64
5.2.4 CHALLENGES 65
5.2.4.1 Environmental challenges related to use of rare-earth elements in laser processing 65
5.2.4.2 Technical issues associated with high-power lasers 65
FIGURE 25 IMPACT ANALYSIS: CHALLENGES 65
5.3 SUPPLY CHAIN ANALYSIS 66
FIGURE 26 LASER PROCESSING MARKET: SUPPLY CHAIN ANALYSIS 66
5.3.1 RAW MATERIAL SUPPLIERS 66
5.3.2 MANUFACTURERS 67
5.3.3 DISTRIBUTORS 67
5.3.4 END USERS 67
5.3.5 AFTER-SALES SERVICE PROVIDERS 68
5.4 ECOSYSTEM ANALYSIS 68
FIGURE 27 LASER PROCESSING MARKET ECOSYSTEM 68
TABLE 2 ROLE OF COMPANIES IN LASER PROCESSING ECOSYSTEM 69
5.5 INVESTMENT AND FUNDING SCENARIO 70
FIGURE 28 INVESTMENT AND FUNDING SCENARIO, 2023 70
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 70
FIGURE 29 LASER PROCESSING MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 70
5.7 TECHNOLOGY ANALYSIS 71
5.7.1 KEY TECHNOLOGY 71
5.7.1.1 Machine learning & artificial intelligence 71
5.7.1.2 Additive manufacturing 71
5.7.2 COMPLEMENTARY TECHNOLOGY 72
5.7.2.1 LiDAR 72
5.7.3 ADJACENT TECHNOLOGY 72
5.7.3.1 Fiber optics 72
5.8 PORTER’S FIVE FORCES ANALYSIS 73
FIGURE 30 LASER PROCESSING MARKET: PORTER’S FIVE FORCES ANALYSIS 73
TABLE 3 LASER PROCESSING MARKET: PORTER’S FIVE FORCES ANALYSIS 74
5.8.1 THREAT OF NEW ENTRANTS 74
5.8.2 THREAT OF SUBSTITUTES 74
5.8.3 BARGAINING POWER OF SUPPLIERS 75
5.8.4 BARGAINING POWER OF BUYERS 75
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 75
5.9 CASE STUDY ANALYSIS 76
5.9.1 PLANO PLASTICS USES XL-3200 LASER MACHINE TO ENABLE ECONOMICAL ACRYLIC PROCESSING 76
5.9.2 SHIM SHACK ADOPTS LASERCUBE TO REDUCE TURNAROUND TIME AND INVENTORY COSTS OF METAL FABRICATION 76
5.9.3 PAPER SUSHI ADOPTS EPILOG LASER’S LASER CUTTING AND ENGRAVING MACHINE TO EXPAND PRODUCT LINES 77
5.10 TRADE ANALYSIS 77
5.10.1 IMPORT SCENARIO 77
FIGURE 31 IMPORT DATA FOR HS CODE 901320-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 77
5.10.2 EXPORT SCENARIO 78
FIGURE 32 EXPORT DATA FOR HS CODE 901320-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 78
5.11 PRICING ANALYSIS 78
5.11.1 AVERAGE SELLING PRICE OF FIBER LASERS 79
FIGURE 33 AVERAGE SELLING PRICE OF FIBER LASERS, 2020–2029 (USD) 79
5.11.2 AVERAGE SELLING PRICE OF LASERS OFFERED BY THREE KEY PLAYERS, BY TYPE 79
FIGURE 34 AVERAGE SELLING PRICE OF LASERS OFFERED BY THREE KEY PLAYERS, BY TYPE 79
TABLE 4 AVERAGE SELLING PRICE OF LASERS OFFERED BY THREE KEY PLAYERS, BY TYPE (USD) 80
5.11.3 AVERAGE SELLING PRICE OF FIBER LASERS, BY REGION 80
FIGURE 35 AVERAGE SELLING PRICE OF FIBER LASERS, BY REGION, 2021–2023 (USD) 80
5.12 PATENT ANALYSIS 81
FIGURE 36 PATENTS APPLIED AND GRANTED, 2024–2023 81
TABLE 5 LASER PROCESSING MARKET: LIST OF MAJOR PATENTS, 2021–2024 82
5.13 KEY CONFERENCES AND EVENTS, 2024–2025 85
TABLE 6 LASER PROCESSING MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025 85
5.14 REGULATORY LANDSCAPE AND STANDARDS 86
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 10 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
5.14.2 STANDARDS 88
5.14.2.1 IEC 60825-1:2014 88
5.14.2.2 ANSI Z136.1 88
5.14.2.3 Federal Laser Product Performance Standard (FLPPS) 88
5.14.2.4 International Commission on Non-ionizing Radiation Protection (ICNIRP) (2013) 89
5.14.2.5 EN 60825 – Safety of laser products 89
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 89
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 89
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES 89
TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USER INDUSTRIES (%) 90
5.15.2 BUYING CRITERIA 90
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES 90
TABLE 12 KEY BUYING CRITERIA FOR TOP THREE END-USER INDUSTRIES 91
6 RECENT TRENDS AND DEVELOPMENTS IN LASER PROCESSING 92
6.1 INTRODUCTION 92
6.2 INCREASING APPLICATION OF FEMTOSECOND LASERS 92
6.3 SURGING R&D INVESTMENT IN GREEN & ULTRAFAST LASERS 92
6.4 INCREASING RELIANCE ON LASER SURFACE TEXTURING PROCESS TO ENHANCE MATERIAL PROPERTIES 92
6.5 RISING POPULARITY OF LASER CLEANING MACHINES AS ENVIRONMENT-FRIENDLY ALTERNATIVE TO TRADITIONAL COATING REMOVAL SYSTEMS 92
6.6 RAPID ADVANCEMENTS IN LASER SAFETY TECHNOLOGIES 93
6.7 RISING INTEGRATION OF SMART MANUFACTURING AND INDUSTRY 4.0 TECHNOLOGIES INTO LASER PROCESSING 93
7 LASER PROCESSING COMPONENTS 94
7.1 INTRODUCTION 94
FIGURE 39 LASER PROCESSING COMPONENTS 94
7.2 LASERS 94
7.3 LASER SYSTEMS 95
8 LASER PROCESSING MARKET, BY LASER TYPE 96
8.1 INTRODUCTION 97
FIGURE 40 LASER PROCESSING MARKET, BY LASER TYPE 97
FIGURE 41 SOLID LASERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 97
TABLE 13 LASER PROCESSING MARKET, BY LASER TYPE, 2020–2023 (USD MILLION) 98
TABLE 14 LASER PROCESSING MARKET, BY LASER TYPE, 2024–2029 (USD MILLION) 98
8.2 SOLID LASERS 98
TABLE 15 SOLID LASERS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 99
TABLE 16 SOLID LASERS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 99
FIGURE 42 FIBER LASERS TO DOMINATE MARKET FOR SOLID LASER MARKET, BY TYPE, FROM 2024 TO 2029 99
TABLE 17 SOLID LASERS: LASER PROCESSING MARKET, BY TYPE, 2020–2023 (USD MILLION) 100
TABLE 18 SOLID LASERS: LASER PROCESSING MARKET, BY TYPE, 2024–2029 (USD MILLION) 100
8.2.1 FIBER LASERS 100
8.2.1.1 High power and excellent beam quality of fiber lasers to contribute to market growth 100
TABLE 19 FIBER LASERS: LASER PROCESSING MARKET, 2020–2023 (THOUSAND UNITS) 101
TABLE 20 FIBER LASERS: LASER PROCESSING MARKET, 2024–2029 (THOUSAND UNITS) 101
8.2.2 RUBY LASERS 101
8.2.2.1 Utilization of ruby lasers in cosmetic and medical procedures to fuel segmental growth 101
8.2.3 YAG LASERS 102
8.2.3.1 Adoption of YAG lasers in metal welding applications to accelerate segmental growth 102
8.2.4 SEMICONDUCTOR LASERS 102
8.2.4.1 Precise control and minimal heat input attributes to boost adoption of semiconductor lasers 102
8.2.5 THIN-DISK LASERS 103
8.2.5.1 Use of thin-disk lasers in additive manufacturing to contribute to segmental growth 103
8.3 GAS LASERS 103
TABLE 21 GAS LASERS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 22 GAS LASERS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 23 GAS LASERS: LASER PROCESSING MARKET, BY TYPE, 2020–2023 (USD MILLION) 104
TABLE 24 GAS LASERS: LASER PROCESSING MARKET, BY TYPE, 2024–2029 (USD MILLION) 105
8.3.1 CO2 LASERS 105
8.3.1.1 Ability of CO2 lasers to enable precise and high-speed material cutting with minimal thermal damage to drive market 105
8.3.2 EXCIMER LASERS 106
8.3.2.1 Implementation of excimer lasers in advanced manufacturing to facilitate segmental growth 106
8.3.3 HELIUM–NEON LASERS 106
8.3.3.1 Stable output and well-defined beam characteristics to augment demand for helium–neon lasers 106
8.3.4 ARGON LASERS 107
8.3.4.1 Adoption of argon lasers in photocoagulation surgery to contribute to segmental growth 107
8.3.5 CHEMICAL LASERS 108
8.3.5.1 Use of chemical lasers in precision machining applications to expedite segmental growth 108
8.4 LIQUID LASERS 108
8.4.1 DEPLOYMENT OF LIQUID LASERS IN REMOTE SENSING AND MAPPING APPLICATIONS TO DRIVE MARKET 108
TABLE 25 LIQUID LASERS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 26 LIQUID LASERS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 109
8.5 OTHER LASER TYPES 110
TABLE 27 OTHER LASER TYPES: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 110
TABLE 28 OTHER LASER TYPES: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 111
9 LASER PROCESSING MARKET, BY CONFIGURATION 112
9.1 INTRODUCTION 113
FIGURE 43 LASER PROCESSING MARKET, BY CONFIGURATION 113
FIGURE 44 MOVING BEAM CONFIGURATION TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029 114
TABLE 29 LASER PROCESSING MARKET, BY CONFIGURATION, 2020–2023 (USD MILLION) 114
TABLE 30 LASER PROCESSING MARKET, BY CONFIGURATION, 2024–2029 (USD MILLION) 114
9.2 FIXED BEAM 115
9.2.1 GREATER FLEXIBILITY AND STABILITY OF FIXED BEAM CONFIGURATION TO BOOST MARKET GROWTH 115
TABLE 31 FIXED BEAM: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 115
TABLE 32 FIXED BEAM: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 115
9.3 MOVING BEAM 116
9.3.1 REQUIREMENT FOR RAPID AND PRECISE LASER BEAM MOVEMENTS TO FOSTER SEGMENTAL GROWTH 116
FIGURE 45 ASIA PACIFIC TO HOLD LARGEST SHARE OF MARKET FOR MOVING BEAM CONFIGURATION IN 2029 116
TABLE 33 MOVING BEAM: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 116
TABLE 34 MOVING BEAM: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 117
9.4 HYBRID 117
9.4.1 NEED FOR ENHANCED EFFICIENCY AND FLEXIBILITY OF LASER PROCESSING TO EXPEDITE SEGMENTAL GROWTH 117
TABLE 35 HYBRID: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 117
TABLE 36 HYBRID: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 118
TABLE 37 COMPARISON OF LASER PROCESSING CONFIGURATIONS 118
9.5 CONFIGURATIONS FOR LASER CUTTING AND ENGRAVING 118
9.5.1 RASTER MODE 118
9.5.2 VECTOR MODE 118
TABLE 38 COMPARISON OF RASTER AND VECTOR MODES 119
10 LASER PROCESSING MARKET, BY APPLICATION 120
10.1 INTRODUCTION 121
FIGURE 46 LASER PROCESSING MARKET, BY APPLICATION 121
FIGURE 47 CUTTING APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 121
TABLE 39 LASER PROCESSING MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 122
TABLE 40 LASER PROCESSING MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 122
10.2 CUTTING 122
10.2.1 USE OF LASER TECHNOLOGY IN METAL AND NON-METAL MATERIAL CUTTING APPLICATIONS TO DRIVE MARKET 122
TABLE 41 CUTTING: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 123
TABLE 42 CUTTING: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 123
10.2.2 FUSION CUTTING 124
10.2.3 FLAME CUTTING 124
10.2.4 SUBLIMATION CUTTING 124
10.3 WELDING 125
10.3.1 RELIANCE ON LASER WELDING PROCESS TO ASSEMBLE COMPLEX AUTOMOTIVE COMPONENTS TO FOSTER SEGMENTAL GROWTH 125
TABLE 43 WELDING: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 125
TABLE 44 WELDING: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 126
10.4 DRILLING 126
10.4.1 USE OF LASER DRILLING SYSTEMS TO CREATE INTRICATE COOLING HOLES IN TURBINE BLADES TO EXPEDITE SEGMENTAL GROWTH 126
TABLE 45 DRILLING: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 127
TABLE 46 DRILLING: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 127
10.4.2 SINGLE-PULSE DRILLING 127
10.4.3 PERCUSSION DRILLING 128
10.4.4 TREPANNING DRILLING 128
10.4.5 HELICAL DRILLING 128
10.5 MARKING & ENGRAVING 129
10.5.1 ADOPTION OF LASER BEAMS TO CREATE HIGH-CONTRAST MARKS AND PROMINENT DESIGNS TO BOOST SEGMENTAL GROWTH 129
FIGURE 48 ASIA PACIFIC TO RECORD HIGHEST CAGR IN MARKET FOR MARKING & ENGRAVING APPLICATION DURING FORECAST PERIOD 129
TABLE 47 MARKING & ENGRAVING: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 130
TABLE 48 MARKING & ENGRAVING: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 130
10.5.2 DIRECT LASER ENGRAVING 130
10.5.3 SUBSURFACE LASER ENGRAVING 130
10.5.4 DIRECT PHOTOPOLYMER LASER IMAGING 131
10.6 ADVANCED PROCESSING 131
10.6.1 IMPLEMENTATION OF LASER BEAMS TO CREATE COMPLEX STRUCTURES WITH NANOSCALE ACCURACY TO FUEL SEGMENTAL GROWTH 131
TABLE 49 ADVANCED PROCESSING: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 132
TABLE 50 ADVANCED PROCESSING: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 132
10.7 OTHER APPLICATIONS 132
TABLE 51 OTHER APPLICATIONS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 133
TABLE 52 OTHER APPLICATIONS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 133
11 LASER PROCESSING MARKET, BY END-USER INDUSTRY 134
11.1 INTRODUCTION 135
FIGURE 49 LASER PROCESSING MARKET, BY END-USER INDUSTRY 135
FIGURE 50 AEROSPACE INDUSTRY TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 136
TABLE 53 LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 136
TABLE 54 LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 137
11.2 MACHINE TOOLS 137
11.2.1 USE OF LASERS FOR HIGH-SPEED PROCESSING AND SMOOTH CUTTING OF MACHINE TOOLS TO ACCELERATE SEGMENTAL GROWTH 137
TABLE 55 MACHINE TOOLS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 138
TABLE 56 MACHINE TOOLS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 138
11.3 MICROELECTRONICS 138
11.3.1 ADOPTION OF LASER BEAMS TO ENGRAVE PCBS AND OTHER ELECTRONIC COMPONENTS TO PROPEL MARKET 138
FIGURE 51 ASIA PACIFIC TO DOMINATE MARKET FOR MICROELECTRONICS FROM 2024 TO 2029 139
TABLE 57 MICROELECTRONICS: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 140
TABLE 58 MICROELECTRONICS: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 140
11.3.2 FLAT-PANEL DISPLAY 140
11.3.3 ADVANCED PACKAGING & INTERCONNECTS 140
11.3.4 MICROMACHINING 141
11.3.5 SEMICONDUCTOR MANUFACTURING 141
11.4 AUTOMOTIVE 141
11.4.1 RELIANCE ON LASERS TO CREATE DURABLE WELDS IN AUTOMOBILE BODY PANELS TO FUEL SEGMENTAL GROWTH 141
TABLE 59 AUTOMOTIVE: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 142
TABLE 60 AUTOMOTIVE: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 142
11.5 MEDICAL & LIFE SCIENCES 142
11.5.1 DEPLOYMENT OF LASER PROCESSING TECHNOLOGIES IN TISSUE ABLATION AND OTHER MINIMALLY INVASIVE SURGERIES TO DRIVE MARKET 142
FIGURE 52 MEDICAL & LIFE SCIENCES TO ACCOUNT FOR LARGEST SHARE OF ASIA PACIFIC LASER PROCESSING MARKET IN 2029 143
TABLE 61 MEDICAL & LIFE SCIENCES: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 143
TABLE 62 MEDICAL & LIFE SCIENCES: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 144
11.5.2 LASER VISION CORRECTION 144
11.5.3 CONFOCAL MICROSCOPES 144
11.5.4 OPTOGENETICS 145
11.5.5 OTHER MEDICAL & LIFE SCIENCES APPLICATIONS 145
11.6 AEROSPACE 145
11.6.1 UTILIZATION OF LASERS IN AIRCRAFT PART MACHINING TO CONTRIBUTE TO SEGMENTAL GROWTH 145
TABLE 63 AEROSPACE: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 146
TABLE 64 AEROSPACE: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 146
11.7 ARCHITECTURE 146
11.7.1 IMPLEMENTATION OF LASER SCANNING SYSTEMS TO CREATE 3D MODELS OF BUILDING STRUCTURES TO FOSTER SEGMENTAL GROWTH 146
FIGURE 53 ARCHITECTURE INDUSTRY TO REGISTER HIGHEST CAGR IN NORTH AMERICAN LASER PROCESSING MARKET DURING FORECAST PERIOD 147
TABLE 65 ARCHITECTURE: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 147
TABLE 66 ARCHITECTURE: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 148
11.8 OTHER END-USER INDUSTRIES 148
TABLE 67 OTHER END-USER INDUSTRIES: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 149
TABLE 68 OTHER END-USER INDUSTRIES: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 149
12 LASER PROCESSING MARKET, BY REGION 150
12.1 INTRODUCTION 151
FIGURE 54 US TO RECORD HIGHEST CAGR IN LASER PROCESSING MARKET DURING FORECAST PERIOD 151
TABLE 69 LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 151
TABLE 70 LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 152
12.2 NORTH AMERICA 152
12.2.1 RECESSION IMPACT ON LASER PROCESSING MARKET IN NORTH AMERICA 152
FIGURE 55 NORTH AMERICA: LASER PROCESSING MARKET SNAPSHOT 153
TABLE 71 NORTH AMERICA: LASER PROCESSING MARKET, BY LASER TYPE, 2020–2023 (USD MILLION) 153
TABLE 72 NORTH AMERICA: LASER PROCESSING MARKET, BY LASER TYPE, 2024–2029 (USD MILLION) 154
TABLE 73 NORTH AMERICA: LASER PROCESSING MARKET, BY CONFIGURATION, 2020–2023 (USD MILLION) 154
TABLE 74 NORTH AMERICA: LASER PROCESSING MARKET, BY CONFIGURATION, 2024–2029 (USD MILLION) 154
TABLE 75 NORTH AMERICA: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 155
TABLE 76 NORTH AMERICA: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 155
TABLE 77 NORTH AMERICA: LASER PROCESSING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 155
TABLE 78 NORTH AMERICA: LASER PROCESSING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 156
12.2.2 US 156
12.2.2.1 Deployment of laser technologies in advanced manufacturing to facilitate product differentiation to boost market growth 156
12.2.3 CANADA 156
12.2.3.1 Government support for development and commercialization of electric vehicles to accelerate market growth 156
12.2.4 MEXICO 157
12.2.4.1 Increased demand for efficient manufacturing and communication technologies to contribute to market growth 157
12.3 EUROPE 157
12.3.1 RECESSION IMPACT ON LASER PROCESSING MARKET IN EUROPE 157
FIGURE 56 EUROPE: LASER PROCESSING MARKET SNAPSHOT 158
TABLE 79 EUROPE: LASER PROCESSING MARKET, BY LASER TYPE, 2020–2023 (USD MILLION) 159
TABLE 80 EUROPE: LASER PROCESSING MARKET, BY LASER TYPE, 2024–2029 (USD MILLION) 159
TABLE 81 EUROPE: LASER PROCESSING MARKET, BY CONFIGURATION, 2020–2023 (USD MILLION) 159
TABLE 82 EUROPE: LASER PROCESSING MARKET, BY CONFIGURATION, 2024–2029 (USD MILLION) 159
TABLE 83 EUROPE: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 160
TABLE 84 EUROPE: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 160
TABLE 85 EUROPE: LASER PROCESSING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 160
TABLE 86 EUROPE: LASER PROCESSING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 161
12.3.2 GERMANY 161
12.3.2.1 Rising adoption of automated manufacturing systems to facilitate market growth 161
12.3.3 FRANCE 161
12.3.3.1 Increasing use of laser markers by aircraft component manufacturers to fuel segmental growth 161
12.3.4 UK 162
12.3.4.1 Growing reliance on laser technologies for serial number engraving and other quality control applications to propel market 162
12.3.5 REST OF EUROPE 162
12.4 ASIA PACIFIC 162
12.4.1 RECESSION IMPACT ON LASER PROCESSING MARKET IN ASIA PACIFIC 162
FIGURE 57 ASIA PACIFIC: LASER PROCESSING MARKET SNAPSHOT 163
TABLE 87 ASIA PACIFIC: LASER PROCESSING MARKET, BY LASER TYPE, 2020–2023 (USD MILLION) 164
TABLE 88 ASIA PACIFIC: LASER PROCESSING MARKET, BY LASER TYPE, 2024–2029 (USD MILLION) 164
TABLE 89 ASIA PACIFIC: LASER PROCESSING MARKET, BY CONFIGURATION, 2020–2023 (USD MILLION) 164
TABLE 90 ASIA PACIFIC: LASER PROCESSING MARKET, BY CONFIGURATION, 2024–2029 (USD MILLION) 164
TABLE 91 ASIA PACIFIC: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 165
TABLE 92 ASIA PACIFIC: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 165
TABLE 93 ASIA PACIFIC: LASER PROCESSING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 165
TABLE 94 ASIA PACIFIC: LASER PROCESSING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 166
12.4.2 CHINA 166
12.4.2.1 Strong presence of wafer foundries to accelerate market growth 166
12.4.3 JAPAN 166
12.4.3.1 Rising demand for electric and hybrid cars to foster market growth 166
12.4.4 SOUTH KOREA 167
12.4.4.1 Thriving consumer electronics and automotive industries to contribute to market growth 167
12.4.5 INDIA 167
12.4.5.1 Government-led initiatives encouraging domestic manufacturing to fuel market growth 167
12.4.6 REST OF ASIA PACIFIC 167
12.5 ROW 167
12.5.1 RECESSION IMPACT ON LASER PROCESSING MARKET IN ROW 167
TABLE 95 ROW: LASER PROCESSING MARKET, BY LASER TYPE, 2020–2023 (USD MILLION) 168
TABLE 96 ROW: LASER PROCESSING MARKET, BY LASER TYPE, 2024–2029 (USD MILLION) 168
TABLE 97 ROW: LASER PROCESSING MARKET, BY CONFIGURATION, 2020–2023 (USD MILLION) 168
TABLE 98 ROW: LASER PROCESSING MARKET, BY CONFIGURATION, 2024–2029 (USD MILLION) 168
TABLE 99 ROW: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2020–2023 (USD MILLION) 169
TABLE 100 ROW: LASER PROCESSING MARKET, BY END-USER INDUSTRY, 2024–2029 (USD MILLION) 169
TABLE 101 ROW: LASER PROCESSING MARKET, BY REGION, 2020–2023 (USD MILLION) 169
TABLE 102 ROW: LASER PROCESSING MARKET, BY REGION, 2024–2029 (USD MILLION) 170
12.5.2 SOUTH AMERICA 170
12.5.2.1 Increasing use of laser technologies for material processing to expedite market growth 170
12.5.3 GCC COUNTRIES 170
12.5.3.1 Surging demand for electric vehicles to accelerate market growth 170
12.5.4 AFRICA & REST OF MIDDLE EAST 170
12.5.4.1 Rising deployment of advanced manufacturing technologies to boost market growth 170
13 COMPETITIVE LANDSCAPE 171
13.1 INTRODUCTION 171
13.2 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024 171
TABLE 103 LASER PROCESSING MARKET: STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024 171
13.3 REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 173
FIGURE 58 LASER PROCESSING MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2018–2022 173
13.4 MARKET SHARE ANALYSIS, 2023 173
TABLE 104 LASER PROCESSING MARKET: MARKET SHARE ANALYSIS, 2023 174
FIGURE 59 LASER PROCESSING MARKET: MARKET SHARE ANALYSIS, 2023 174
13.5 COMPANY VALUATION AND FINANCIAL METRICS 176
FIGURE 60 LASER PROCESSING MARKET: COMPANY VALUATION 176
FIGURE 61 LASER PROCESSING MARKET: FINANCIAL METRICS 176
13.6 BRAND/PRODUCT COMPARISON 177
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 177
13.7.1 STARS 177
13.7.2 EMERGING LEADERS 177
13.7.3 PERVASIVE PLAYERS 178
13.7.4 PARTICIPANTS 178
FIGURE 62 LASER PROCESSING MARKET: COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 178
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 179
13.7.5.1 Overall footprint 179
FIGURE 63 LASER PROCESSING MARKET: OVERALL COMPANY FOOTPRINT 179
13.7.5.2 Laser type footprint 180
TABLE 105 LASER PROCESSING MARKET: LASER TYPE FOOTPRINT 180
13.7.5.3 Application footprint 181
TABLE 106 LASER PROCESSING MARKET: APPLICATION FOOTPRINT 181
13.7.5.4 End-user industry footprint 182
TABLE 107 LASER PROCESSING MARKET: END-USER INDUSTRY FOOTPRINT 182
13.7.5.5 Region footprint 183
TABLE 108 LASER PROCESSING MARKET: REGION FOOTPRINT 183
13.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 184
13.8.1 PROGRESSIVE COMPANIES 184
13.8.2 RESPONSIVE COMPANIES 184
13.8.3 DYNAMIC COMPANIES 184
13.8.4 STARTING BLOCKS 184
FIGURE 64 LASER PROCESSING MARKET: COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 185
13.8.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023 186
13.8.5.1 List of key start-ups/SMEs 186
TABLE 109 LASER PROCESSING MARKET: LIST OF KEY START-UPS/SMES 186
13.8.5.2 Competitive benchmarking of key start-ups/SMEs 187
TABLE 110 LASER PROCESSING MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 187
13.9 COMPETITIVE SITUATIONS AND TRENDS 188
13.9.1 PRODUCT LAUNCHES 188
TABLE 111 LASER PROCESSING MARKET: PRODUCT LAUNCHES, SEPTEMBER 2021–JANUARY 2024 188
13.9.2 DEALS 189
TABLE 112 LASER PROCESSING MARKET: DEALS, FEBRUARY 2021–NOVEMBER 2023 189
14 COMPANY PROFILES 191
(Business Overview, Products/Solutions/Services, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 KEY PLAYERS 191
14.1.1 COHERENT CORP. 191
TABLE 113 COHERENT CORP.: COMPANY OVERVIEW 191
FIGURE 65 COHERENT CORP.: COMPANY SNAPSHOT 192
TABLE 114 COHERENT CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
TABLE 115 COHERENT CORP.: PRODUCT LAUNCHES 193
14.1.2 TRUMPF 196
TABLE 116 TRUMPF: COMPANY OVERVIEW 196
FIGURE 66 TRUMPF: COMPANY SNAPSHOT 197
TABLE 117 TRUMPF: PRODUCTS/SOLUTIONS/SERVICES OFFERED 197
TABLE 118 TRUMPF: PRODUCT LAUNCHES 198
14.1.3 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD 200
TABLE 119 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD: COMPANY OVERVIEW 200
FIGURE 67 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD: COMPANY SNAPSHOT 200
TABLE 120 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 201
TABLE 121 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD: PRODUCT LAUNCHES 202
TABLE 122 HAN’S LASER TECHNOLOGY INDUSTRY GROUP CO., LTD: DEALS 203
14.1.4 IPG PHOTONICS CORPORATION 205
TABLE 123 IPG PHOTONICS CORPORATION: COMPANY OVERVIEW 205
FIGURE 68 IPG PHOTONICS CORPORATION: COMPANY SNAPSHOT 206
TABLE 124 IPG PHOTONICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
TABLE 125 IPG PHOTONICS CORPORATION: PRODUCT LAUNCHES 207
TABLE 126 IPG PHOTONICS CORPORATION: DEALS 208
14.1.5 JENOPTIK AG 210
TABLE 127 JENOPTIK AG: COMPANY OVERVIEW 210
FIGURE 69 JENOPTIK AG: COMPANY SNAPSHOT 211
TABLE 128 JENOPTIK AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
TABLE 129 JENOPTIK AG: PRODUCT LAUNCHES 212
TABLE 130 JENOPTIK AG: DEALS 213
TABLE 131 JENOPTIK AG: EXPANSIONS 213
14.1.6 LUMENTUM OPERATIONS LLC 215
TABLE 132 LUMENTUM OPERATION LLC: COMPANY OVERVIEW 215
FIGURE 70 LUMENTUM OPERATION LLC: COMPANY SNAPSHOT 216
TABLE 133 LUMENTUM OPERATION LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 216
TABLE 134 LUMENTUM OPERATION LLC: PRODUCT LAUNCHES 217
TABLE 135 LUMENTUM OPERATION LLC: DEALS 217
TABLE 136 LUMENTUM OPERATION LLC: EXPANSIONS 218
14.1.7 GRAVOTECH MARKING 219
TABLE 137 GRAVOTECH MARKING: COMPANY OVERVIEW 219
TABLE 138 GRAVOTECH MARKING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 139 GRAVOTECH MARKING: PRODUCT LAUNCHES 220
14.1.8 LASERSTAR TECHNOLOGIES CORPORATION 221
TABLE 140 LASERSTAR TECHNOLOGIES CORPORATION: COMPANY OVERVIEW 221
TABLE 141 LASERSTAR TECHNOLOGIES CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
14.1.9 LUMIBIRD 222
TABLE 142 LUMIBIRD: COMPANY OVERVIEW 222
FIGURE 71 LUMIBIRD: COMPANY SNAPSHOT 223
TABLE 143 LUMIBIRD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 144 LUMIBIRD: PRODUCT LAUNCHES 224
TABLE 145 LUMIBIRD: DEALS 224
14.1.10 EPILOG LASER 225
TABLE 146 EPILOG LASER: COMPANY OVERVIEW 225
TABLE 147 EPILOG LASER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 148 EPILOG LASER: PRODUCT LAUNCHES 226
TABLE 149 EPILOG LASER: EXPANSIONS 227
14.1.11 MKS INSTRUMENTS 228
TABLE 150 MKS INSTRUMENTS: COMPANY OVERVIEW 228
FIGURE 72 MKS INSTRUMENTS: COMPANY SNAPSHOT 229
TABLE 151 MKS INSTRUMENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 152 MKS INSTRUMENTS: PRODUCT LAUNCHES 230
TABLE 153 MKS INSTRUMENTS: DEALS 231
14.1.12 NOVANTA INC. 232
TABLE 154 NOVANTA INC.: COMPANY OVERVIEW 232
FIGURE 73 NOVANTA INC.: COMPANY SNAPSHOT 233
TABLE 155 NOVANTA INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 233
TABLE 156 NOVANTA INC.: PRODUCT LAUNCHES 234
TABLE 157 NOVANTA INC.: DEALS 234
14.1.13 EUROLASER GMBH 235
TABLE 158 EUROLASER GMBH: COMPANY OVERVIEW 235
TABLE 159 EUROLASER GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 235
14.1.14 600 GROUP PLC 236
TABLE 160 600 GROUP PLC: COMPANY OVERVIEW 236
FIGURE 74 600 GROUP PLC: COMPANY SNAPSHOT 237
TABLE 161 600 GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 238
14.1.15 BYSTRONIC GROUP 239
TABLE 162 BYSTRONIC GROUP: COMPANY OVERVIEW 239
FIGURE 75 BYSTRONIC GROUP: COMPANY SNAPSHOT 239
TABLE 163 BYSTRONIC GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 240
TABLE 164 BYSTRONIC GROUP: PRODUCT LAUNCHES 240
14.2 OTHER PLAYERS 241
14.2.1 ALPHALAS GMBH 241
TABLE 165 ALPHALAS GMBH: COMPANY OVERVIEW 241
14.2.2 APPLIED LASER TECHNOLOGY, INC. 242
TABLE 166 APPLIED LASER TECHNOLOGY, INC.: COMPANY OVERVIEW 242
14.2.3 ARIMA LASERS CORP. 242
TABLE 167 ARIMA LASERS CORP.: COMPANY OVERVIEW 242
14.2.4 FOCUSLIGHT TECHNOLOGIES INC. 243
TABLE 168 FOCUSLIGHT TECHNOLOGIES INC: COMPANY OVERVIEW 243
14.2.5 INNO LASER TECHNOLOGY CO., LTD. 244
TABLE 169 INNO LASER TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 244
14.2.6 NKT PHOTONICS A/S 245
TABLE 170 NKT PHOTONICS A/S: COMPANY OVERVIEW 245
14.2.7 PHOTONICS INDUSTRIES INTERNATIONAL. INC. 245
TABLE 171 PHOTONICS INDUSTRIES INTERNATIONAL. INC.: COMPANY OVERVIEW 245
14.2.8 SFX STORE 246
TABLE 172 SFX STORE: COMPANY OVERVIEW 246
14.2.9 TOPTICA PHOTONICS AG 247
TABLE 173 TOPTICA PHOTONICS AG: COMPANY OVERVIEW 247
14.2.10 VESCENT 247
TABLE 174 VESCENT: COMPANY OVERVIEW 247
*Details on Business Overview, Products/Solutions/Services, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
15 ADJACENT MARKET 248
15.1 INTRODUCTION 248
15.2 FIBER OPTICS MARKET 248
FIGURE 76 GLASS FIBER TYPE TO DOMINATE FIBER OPTICS MARKET DURING FORECAST PERIOD 248
TABLE 175 FIBER OPTICS MARKET, BY FIBER TYPE, 2018–2021 (USD MILLION) 249
TABLE 176 FIBER OPTICS MARKET, BY FIBER TYPE, 2022–2027 (USD MILLION) 249
TABLE 177 FIBER OPTICS MARKET, BY FIBER TYPE, 2018–2021 (MILLION FIBER KILOMETER) 249
TABLE 178 FIBER OPTICS MARKET, BY FIBER TYPE, 2022–2027 (MILLION FIBER KILOMETER) 249
15.2.1 GLASS 250
15.2.1.1 Use of glass fiber optics to deliver high performance in extreme conditions to boost segmental growth 250
FIGURE 77 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN GLASS FIBER OPTICS MARKET DURING FORECAST PERIOD 250
TABLE 179 GLASS: FIBER OPTICS MARKET, BY REGION, 2018–2021 (USD MILLION) 251
TABLE 180 GLASS: FIBER OPTICS MARKET, BY REGION, 2022–2027 (USD MILLION) 251
TABLE 181 GLASS: FIBER OPTICS MARKET, BY REGION, 2018–2021 (MILLION FIBER KILOMETER) 251
TABLE 182 GLASS: FIBER OPTICS MARKET, BY REGION, 2022–2027 (MILLION FIBER KILOMETER) 252
15.2.2 PLASTIC 252
15.2.2.1 Adoption of plastic fiber optics in industrial and automotive lighting applications to drive market 252
FIGURE 78 ASIA PACIFIC TO DOMINATE PLASTIC FIBER OPTICS MARKET DURING FORECAST PERIOD 253
TABLE 183 PLASTIC: FIBER OPTICS MARKET, BY REGION, 2018–2021 (USD MILLION) 253
TABLE 184 PLASTIC: FIBER OPTICS MARKET, BY REGION, 2022–2027 (USD MILLION) 253
TABLE 185 PLASTIC: FIBER OPTICS MARKET, BY REGION, 2018–2021 (MILLION FIBER KILOMETER) 254
TABLE 186 PLASTIC: FIBER OPTICS MARKET, BY REGION, 2022–2027 (MILLION FIBER KILOMETER) 254
16 APPENDIX 255
16.1 INSIGHTS FROM INDUSTRY EXPERTS 255
16.2 DISCUSSION GUIDE 256
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 259
16.4 CUSTOMIZATION OPTIONS 261
16.5 RELATED REPORTS 261
16.6 AUTHOR DETAILS 262