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Laser Technology Market
Laser Technology Market Size, Share, Forecast, & Trends Analysis by Type (Solid-state Laser, Gas Laser, Liquid Laser), Application (Laser Processing, Optical Communications), End User (Industrial, Healthcare, Commercial, Telecommunications), and Geography - Global Forecast to 2031
Report ID:MRSE - 104495 Pages: 230 Jun-2024 Formats*: PDF Category: Semiconductor and Electronics Delivery: 24 to 48 HoursLaser Technology Market Size & Forecast
The Laser Technology Market is expected to reach $32.8 billion by 2031, at a CAGR of 10.6% from 2024 to 2031. The growth of the laser technology market is driven by the increasing adoption of laser technology in the electronics industry, the transition towards micro and nanodevices, and the preference for laser-based material processing over traditional material processing methods.
Furthermore, the utilization of laser technology in robotics and its applications in optical communication are expected to create market growth opportunities.
Laser Technology Market Growth Drivers
Increasing Adoption of Laser Technology in the Electronics Sector
The electronics sector is witnessing remarkable growth, driven by the widespread use of electronic components across various industries. There is a constant demand for devices that deliver high performance and reliability. Laser technology has emerged as a solution that offers precise and accurate processing while ensuring safety standards are met. As a result, the demand for laser technology is increasing in the electronics industry, where it is utilized in numerous applications such as optical disk drives, laser printers, barcode scanners, fiber optics, LCDs, and smartphones.
Moreover, lasers play a crucial role in tasks like cutting, scribing, drilling, and ensuring precise component placement on PCBs and military electronics. As laser technology continues to gain traction in the electronics sector, many companies are collaborating to advance laser display technology. For instance, in March 2024, Hisense International Co., Ltd. (China) partnered with Xbox Game Studios (U.S.) to enhance home gaming and entertainment experiences with cutting-edge laser display technology. Such initiatives by major market players are expected to drive the growth of the laser technology market during the forecast period.
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Transition Towards Micro and Nanodevices
The demand for micro and nanodevices is on the rise across various sectors, including electronics, medicine, manufacturing, automotive, robotics, and military. In the electronics and semiconductors industries, nanotechnology plays a crucial role in enhancing displays, reducing power consumption, optimizing thickness, and boosting the storage capacity of memory chips while reducing their physical size, leading to the miniaturization of electronic devices.
Laser technology is increasingly being adopted in micro and nanomanufacturing due to its versatility in addressing challenges related to various materials at a small scale. Techniques such as near-field laser fabrication, far-field laser interference lithography, and laser direct writing are utilized for nanofabrication, along with methods like stimulated-emission-induced depletion (STED) assisted laser fabrication, among others. Different laser techniques, including laser ablation, laser beam drilling & cutting, and high-power ultrashort pulsed laser radiation processes, enable precise structuring for micro and nano applications. These advantages contribute to a growing demand for laser technology in micro and nanodevice fabrication.
Laser Technology Market Trends
Rising Demand for Laser Technology in 3D Printing
Laser-enabled 3D printing, also known as laser sintering, utilizes a laser source to selectively fuse powdered materials, enabling the creation of components and objects. This technology is gaining traction across various sectors, including aerospace, automotive, and medicine, due to its high precision capabilities. Laser-powered additive manufacturing enables businesses to produce components with complex geometries using a wide range of materials. Moreover, laser technology in 3D printing facilitates the creation of intricate designs while minimizing waste and material usage during production. It enhances manufacturing processes by achieving higher accuracy and stronger builds, thereby improving efficiency and flexibility.
With the increasing adoption of laser technology in 3D printing, several companies are launching solutions to deliver stable and high-quality 3D printing using laser technology. For instance, in February 2022, Mitsubishi Electric Corporation (Japan) launched two models of the AZ600 wire-laser metal 3D printer. These printers utilize a laser beam to melt welding wire, resulting in high-quality 3D structures. Moreover, these printers reduce energy & resource consumption through shortened processing times and highly efficient production methods such as near-net-shape manufacturing and repair support. Such developments are expected to drive the growth of the laser technology market during the forecast period.
Laser Technology Market Opportunity
Utilization of Laser Technology in Robotics
Laser technology finds extensive utilization in robotics, serving as a critical component in various robotic applications. As the demand for diverse types of robots continues to rise, lasers have become integral to their functionality. Robots are equipped with multiple sensors for object detection and obstacle avoidance. These sensors utilize laser beams to detect objects and calculate distances accurately. Robots can precisely determine their proximity to other objects or surfaces by emitting laser beams and employing image processing techniques.
The robotics industry is experiencing significant growth, subsequently driving the growth of the laser technology market. Moreover, many companies are launching robotic solutions integrated with laser technology. For instance, in April 2024, Laserax Inc. (Canada) launched a new robotic cell to enhance the capabilities of its laser processes. The Laserax Robot Cell combines the precision of laser technology with the agility of robotics, enabling manufacturers to achieve complex processing angles on large parts. Thus, the increasing utilization of laser technology in robotics is expected to offer significant opportunities for the growth of this market.
Laser Technology Market Analysis: Key Findings
By Type: In 2024, the Solid-state Laser Segment to Dominate the Laser Technology Market
Based on type, the laser technology market is segmented into solid-state laser, gas laser, semiconductor laser, and liquid laser. In 2024, the solid-state laser segment is expected to account for the largest share of over 45.1% of the laser technology market. The segment's large market share can be attributed to the increasing number of surgeries performed using solid-state laser technology, the rising utilization of solid-state lasers for micromaterial processing, and the growing adoption of YAG lasers for high-power applications.
However, the semiconductor laser segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors such as the increasing utilization of semiconductor lasers due to their higher reliability, compact size, low power consumption, and high efficiency, the rising adoption of semiconductor lasers in the healthcare sector for a wide range of applications, including cosmetic procedures, medical diagnosis, and therapies, and the rising demand for semiconductor lasers, particularly laser diodes such as Vertical-Cavity Surface-Emitting Lasers (VCSELs), in smartphones for sensing applications.
By Application: In 2024, the Laser Processing Segment to Dominate the Laser Technology Market
Based on application, the laser technology market is segmented into laser processing, optical communications, and other applications. In 2024, the laser processing segment is expected to account for the largest share of over 58.5% of the laser technology market. This segment’s large market share can be attributed to the advantages offered by laser processing over conventional processing technologies, the rising number of laser-based surgeries, and the growing demand for high-precision, flexibility, and quality during material processing.
However, the optical communications segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors such as the increasing demand for VCSELs for data transmission, driven by the proliferation of digital solutions requiring high-speed and efficient data transmission and the growing utilization of laser technology in hyperscale data centers to reduce power consumption and enable low-latency, high-performance computing capabilities.
By End User: In 2024, the Industrial Segment to Dominate the Laser Technology Market
Based on end user, the laser technology market is segmented into industrial, semiconductor & electronics, automotive, telecommunications, aerospace & defense, healthcare, commercial, and other end users. In 2024, the industrial segment is expected to account for the largest share of over 21.1% of the laser technology market. This segment’s large market share can be attributed to the increasing adoption of laser technology in industrial settings for achieving high accuracy in cutting, welding, and marking tasks. Additionally, laser technology enables non-contact processing, which reduces wear and tear on machinery and eliminates the need for physical tooling. Moreover, laser technology ensures consistent quality across production batches, thereby reducing defects and enhancing overall product quality.
However, the healthcare segment is projected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors such as the increasing adoption of lasers for a wide range of applications, including cosmetic procedures, medical diagnosis, and therapies, the rising utilization of laser technology for treating cutaneous malignancies and primary skin diseases, and the growing availability of cost-effective laser treatments.
Geographical Analysis
In 2024, Asia-Pacific to Dominate the Laser Technology Market
In 2024, Asia-Pacific is expected to account for the largest share of over 46.5% of the laser technology market. Asia-Pacific’s significant market share can be attributed to the rising manufacturing activities in countries such as China, Japan, South Korea, and India, the large consumer electronics and automobile markets in China, and the proliferation of data centers, resulting in the substantial demand for fiber lasers.
However, the market in North America is projected to register the highest CAGR of over 10.0% during the forecast period. The growth of this regional market is driven by factors such as the increasing utilization of laser technology in healthcare for procedures such as cosmetic surgeries, dermatology treatments, and ophthalmology; the rising integration of laser technology across manufacturing, automotive, and aerospace sectors to enhance processing capabilities and precision; and the increasing adoption of laser technology within the defense sector, particularly in applications like laser weaponry, energy systems, and defense equipment.
Laser Technology Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios and geographic presence and the key growth strategies adopted by them over the past 3–4 years. Some of the key players operating in the laser technology market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and Bystronic Laser AG (Switzerland).
Laser Technology Industry Overview: Latest Developments from Key Industry Players
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In February 2024, BIOLASE, Inc. (U.S.) launched its state-of-the-art all-tissue laser system, namely, Waterlase iPlus Premier Edition. This innovative approach provides clinicians with customized packages of procedures designed to ensure that practitioners invest in the capabilities they need today while allowing easily added features as the clinician expands their practice.
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In January 2024, Iridex Corporation (U.S.) launched two new next-generation platform lasers such as Iridex 532 nm and Iridex 577 nm to the U.S. market. Iridex’s patented technology is a laser delivery modality designed to add fine control of photothermal effects in laser photocoagulation by allowing the tissue to cool between laser pulses, minimizing or preventing potential tissue damage.
- In February 2023, Rhein Laser Technologies Ltd. (China) launched UroFiber 150Q, which is the first 150W SuperPulsed thulium fiber laser (TFL) system, an innovative fiber laser technology for treating both stone lithotripsy and BPH enucleation.
Laser Technology Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
230 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
10.6% |
|
Market Size (Value) |
USD 32.8 Billion by 2031 |
|
Segments Covered |
By Type
By Application
By End User
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (Saudi Arabia, UAE, Israel, and Rest of the Middle East & Africa) |
|
Key Companies |
Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and Bystronic Laser AG (Switzerland). |
Key questions answered in the laser technology market report:
This study focuses on market assessment and opportunity analysis by analyzing the sales of laser technology across various regions and countries. This study also offers a competitive analysis of the laser technology market based on an extensive assessment of the leading players' product portfolios, geographic presence, and key growth strategies.
The laser technology market is projected to reach $32.8 billion by 2031, at a CAGR of 10.6% from 2024 to 2031.
In 2024, the solid-state laser segment is expected to account for the largest share of over 45.1% of the laser technology market. This segment's large market share can be attributed to the increasing number of surgeries performed using solid-state laser technology, the rising utilization of solid-state lasers for micromaterial processing, and the growing adoption of YAG lasers for high-power applications.
The optical communications segment is expected to register the highest CAGR during the forecast period. This segment’s growth is driven by factors such as the increasing demand for VCSELs for data transmission, driven by the proliferation of digital solutions requiring high-speed and efficient data transmission and the growing utilization of laser technology in hyperscale data centers to reduce power consumption and enable low-latency, high-performance computing capabilities.
The growth of the laser technology market is driven by the increasing adoption of laser technology in the electronics industry, the transition towards micro and nanodevices, and the preference for laser-based material processing over traditional material processing methods. Furthermore, the utilization of laser technology in robotics and its applications in optical communication are expected to create market growth opportunities.
The key players operating in the laser technology market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and Bystronic Laser AG (Switzerland).
North America is projected to register the highest CAGR of over 10.0% during the forecast period and offer significant growth opportunities for vendors operating in this market.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research /Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Market Overview
3.2. Market Analysis, by Type
3.3. Market Analysis, by Application
3.4. Market Analysis, by End User
3.5. Market Analysis, by Geography
3.6. Competitive Analysis
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Increasing Adoption of Laser Technology in the Electronics Sector
4.2.1.2. Transition Towards Micro and Nanodevices
4.2.1.3. Rising Preference for Laser-based Material Processing Over Traditional Material Processing Methods
4.2.2. Restraints
4.2.2.1. High Cost of Laser Technology
4.2.3. Opportunities
4.2.3.1. Utilization of Laser Technology in Robotics
4.2.3.2. Applications of Laser in Optical Communication
4.2.4. Challenges
4.2.4.1. Technical Complexity Involved in High-power Lasers
4.3. Key Trends
4.3.1. Rising Demand for Laser Technology in 3D Printing
4.4. Value Chain Analysis
5. Laser Technology Market Assessment—by Type
5.1. Overview
5.2. Solid-state Laser
5.2.1. Fiber Laser
5.2.2. Yttrium Aluminum Garnet (YAG) Laser
5.2.3. Thin-disk Laser
5.2.4. Ruby Laser
5.3. Gas Laser
5.3.1. Co2 Laser
5.3.2. Excimer Laser
5.3.3. He-Ne Laser
5.3.4. Argon Laser
5.3.5. Chemical Laser
5.4. Semiconductor Laser
5.5. Liquid Laser
6. Laser Technology Market Assessment—by Application
6.1. Overview
6.2. Laser Processing
6.2.1. Macroprocessing
6.2.1.1. Cutting
6.2.1.2. Welding
6.2.1.3. Drilling
6.2.2. Microprocessing
6.2.3. Marking and Engraving
6.3. Optical Communications
6.4. Other Applications
7. Laser Technology Market Assessment—by End User
7.1. Overview
7.2. Industrial
7.3. Semiconductor & Electronics
7.4. Automotive
7.5. Telecommunications
7.6. Aerospace & Defense
7.7. Healthcare
7.8. Commercial
7.9. Other End Users
8. Laser Technology Assessment—by Geography
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.2. Europe
8.2.1. Germany
8.2.2. U.K.
8.2.3. France
8.2.4. Italy
8.2.5. Netherlands
8.2.6. Spain
8.2.7. Sweden
8.2.8. Rest of Europe
8.3. Asia-Pacific
8.3.1. Japan
8.3.2. China
8.3.3. India
8.3.4. South Korea
8.3.5. Singapore
8.3.6. Australia & New Zealand
8.3.7. Indonesia
8.3.8. Rest of Asia-Pacific
8.4. Latin America
8.4.1 Mexico
8.4.2. Brazil
8.4.3. Rest of Latin America
8.5. Middle East & Africa
8.5.1. UAE
8.5.2. Saudi Arabia
8.5.3. Israel
8.5.4. Rest of Middle East & Africa
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
9.5. Market Share Analysis, by Key Players
10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Development, and SWOT Analysis)
10.1. Coherent, Inc.
10.2. TRUMPF GmbH + Co. KG
10.3. IPG Photonics Corporation
10.4. Han's Laser Technology Industry Group Co., Ltd.
10.5. Lumentum Holdings Inc.
10.6. Jenoptik AG
10.7. Novanta Inc.
10.8. LUMIBIRD Group
10.9. LaserStar Technologies Corporation
10.10. Epilog Laser
10.11. MKS Instruments, Inc.
10.12. Gravotech Marking
10.13. Corning Incorporated
10.14. eurolaser GmbH
10.15. Bystronic Laser AG
(Note: SWOT Analysis Will Be Provided for the Top 5 Companies)
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 Currency Conversion Rate (2018–2022)
Table 2 Global Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 3 Global Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 4 Global Solid-state Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Fiber Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Yttrium Aluminum Garnet (YAG) Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Thin-disk Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Ruby Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 10 Global Gas Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Co2 Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Excimer Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global He-Ne Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Argon Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Chemical Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Semiconductor Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Liquid Laser Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 19 Global Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 20 Global Laser Technology Market for Laser Processing, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 22 Global Laser Technology Market for Macroprocessing, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Laser Technology Market for Cutting, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Laser Technology Market for Welding, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Laser Technology Market for Drilling, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Laser Technology Market for Microprocessing, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Laser Technology Market for Marking and Engraving, by Country/Region, 2022–2031 (USD Million)
Table 28 Global Laser Technology Market for Optical Communications, by Country/Region, 2022–2031 (USD Million)
Table 29 Global Laser Technology Market for Other Applications, by Country/Region, 2022–2031 (USD Million)
Table 30 Global Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 31 Global Laser Technology Market for Industrial, by Country/Region, 2022–2031 (USD Million)
Table 32 Global Laser Technology Market for Semiconductor & Electronics, by Country/Region, 2022–2031 (USD Million)
Table 33 Global Laser Technology Market for Automotive, by Country/Region, 2022–2031 (USD Million)
Table 34 Global Laser Technology Market for Telecommunications, by Country/Region, 2022–2031 (USD Million)
Table 35 Global Laser Technology Market for Aerospace & Defense, by Country/Region, 2022–2031 (USD Million)
Table 36 Global Laser Technology Market for Healthcare, by Country/Region, 2022–2031 (USD Million)
Table 37 Global Laser Technology Market for Commercial, by Country/Region, 2022–2031 (USD Million)
Table 38 Global Laser Technology Market for Other End Users, by Country/Region, 2022–2031 (USD Million)
Table 39 Global Laser Technology Market, by Country/Region, 2022–2031 (USD Million)
Table 40 North America: Laser Technology Market, by Country, 2022–2031 (USD Million)
Table 41 North America: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 42 North America: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 43 North America: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 44 North America: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 45 North America: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 46 North America: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 47 North America: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 48 U.S.: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 49 U.S.: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 50 U.S.: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 51 U.S.: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 52 U.S.: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 53 U.S.: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 54 U.S.: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 55 Canada: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 56 Canada: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 57 Canada: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 58 Canada: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 59 Canada: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 60 Canada: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 61 Canada: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 62 Europe: Laser Technology Market, by Country/Region, 2022–2031 (USD Million)
Table 63 Europe: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 64 Europe: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 65 Europe: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 66 Europe: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 67 Europe: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 68 Europe: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 69 Europe: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 70 Germany: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 71 Germany: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 72 Germany: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 73 Germany: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 74 Germany: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 75 Germany: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 76 Germany: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 77 U.K.: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 78 U.K.: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 79 U.K.: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 80 U.K.: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 81 U.K.: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 82 U.K.: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 83 U.K.: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 84 France: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 85 France: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 86 France: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 87 France: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 88 France: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 89 France: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 90 France: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 91 Italy: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 92 Italy: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 93 Italy: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 94 Italy: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 95 Italy: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 96 Italy: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 97 Italy: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 98 Spain: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 99 Spain: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 100 Spain: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 101 Spain: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 102 Spain: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 103 Spain: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 104 Spain: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 105 Netherlands: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 106 Netherlands: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 107 Netherlands: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 108 Netherlands: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 109 Netherlands: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 110 Netherlands: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 111 Netherlands: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 112 Sweden: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 113 Sweden: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 114 Sweden: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 115 Sweden: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 116 Sweden: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 117 Sweden: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 118 Sweden: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 119 Rest of Europe: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 120 Rest of Europe: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 121 Rest of Europe: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 122 Rest of Europe: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 123 Rest of Europe: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 124 Rest of Europe: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 125 Rest of Europe: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 126 Asia-Pacific: Laser Technology Market, by Country/Region, 2022–2031 (USD Million)
Table 127 Asia-Pacific: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 128 Asia-Pacific: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 129 Asia-Pacific: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 130 Asia-Pacific: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 131 Asia-Pacific: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 132 Asia-Pacific: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 133 Asia-Pacific: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 134 China: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 135 China: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 136 China: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 137 China: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 138 China: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 139 China: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 140 China: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 141 Japan: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 142 Japan: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 143 Japan: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 144 Japan: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 145 Japan: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 146 Japan: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 147 Japan: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 148 India: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 149 India: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 150 India: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 151 India: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 152 India: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 153 India: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 154 India: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 155 South Korea: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 156 South Korea: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 157 South Korea: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 158 South Korea: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 159 South Korea: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 160 South Korea: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 161 South Korea: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 162 Singapore: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 163 Singapore: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 164 Singapore: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 165 Singapore: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 166 Singapore: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 167 Singapore: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 168 Singapore: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 169 Australia & New Zealand: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 170 Australia & New Zealand: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 171 Australia & New Zealand: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 172 Australia & New Zealand: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 173 Australia & New Zealand: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 174 Australia & New Zealand: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 175 Australia & New Zealand: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 176 Indonesia: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 177 Indonesia: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 178 Indonesia: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 179 Indonesia: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 180 Indonesia: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 181 Indonesia: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 182 Indonesia: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 183 Rest of Asia-Pacific: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 184 Rest of Asia-Pacific: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 185 Rest of Asia-Pacific: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 186 Rest of Asia-Pacific: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 187 Rest of Asia-Pacific: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 188 Rest of Asia-Pacific: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 189 Rest of Asia-Pacific: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 190 Latin America: Laser Technology Market, by Country/Region, 2022–2031 (USD Million)
Table 191 Latin America: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 192 Latin America: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 193 Latin America: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 194 Latin America: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 195 Latin America: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 196 Latin America: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 197 Latin America: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 198 Mexico: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 199 Mexico: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 200 Mexico: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 201 Mexico: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 202 Mexico: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 203 Mexico: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 204 Mexico: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 205 Brazil: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 206 Brazil: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 207 Brazil: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 208 Brazil: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 209 Brazil: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 210 Brazil: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 211 Brazil: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 212 Rest of Latin America: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 213 Rest of Latin America: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 214 Rest of Latin America: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 215 Rest of Latin America: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 216 Rest of Latin America: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 217 Rest of Latin America: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 218 Rest of Latin America: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 219 Middle East & Africa: Laser Technology Market, by Country/Region, 2022–2031 (USD Million)
Table 220 Middle East & Africa: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 221 Middle East & Africa: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 222 Middle East & Africa: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 223 Middle East & Africa: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 224 Middle East & Africa: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 225 Middle East & Africa: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 226 Middle East & Africa: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 227 UAE: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 228 UAE: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 229 UAE: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 230 UAE: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 231 UAE: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 232 UAE: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 233 UAE: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 234 Saudi Arabia: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 235 Saudi Arabia: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 236 Saudi Arabia: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 237 Saudi Arabia: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 238 Saudi Arabia: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 239 Saudi Arabia: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 240 Saudi Arabia: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 241 Israel: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 242 Israel: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 243 Israel: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 244 Israel: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 245 Israel: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 246 Israel: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 247 Israel: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 248 Rest of Middle East & Africa: Laser Technology Market, by Type, 2022–2031 (USD Million)
Table 249 Rest of Middle East & Africa: Solid-state Laser Market, by Type, 2022–2031 (USD Million)
Table 250 Rest of Middle East & Africa: Gas Laser Market, by Type, 2022–2031 (USD Million)
Table 251 Rest of Middle East & Africa: Laser Technology Market, by Application, 2022–2031 (USD Million)
Table 252 Rest of Middle East & Africa: Laser Technology Market for Laser Processing, by Type, 2022–2031 (USD Million)
Table 253 Rest of Middle East & Africa: Laser Technology Market for Macroprocessing, by Type, 2022–2031 (USD Million)
Table 254 Rest of Middle East & Africa: Laser Technology Market, by End User, 2022–2031 (USD Million)
Table 255 Recent Developments by Major Market Players (2021–2024)
Table 256 Market Share Analysis, by Key Players
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown Of Primary Interviews (Supply-Side & Demand-Side)
Figure 8 Market Sizing And Growth Forecast Approach
Figure 9 Key Insights
Figure 10 In 2024, the Solid-state Laser Segment is Expected to Dominate The Global Laser Technology Market
Figure 11 In 2024, the Laser Processing Segment is Expected to Dominate The Global Laser Technology Market
Figure 12 In 2024, the Industrial Segment is Expected to Dominate The Global Laser Technology Market
Figure 13 Global Laser Technology Market, by Region (2024 Vs. 2031)
Figure 14 Impact Analysis Of Market Dynamics
Figure 15 Global Laser Technology Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 16 Global Laser Technology Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 17 Global Laser Technology Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 18 Global Laser Technology Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 19 Geographic Snapshot: Laser Technology Market In North America
Figure 20 Geographic Snapshot: Laser Technology Market In Europe
Figure 21 Geographic Snapshot: Laser Technology Market In Asia-Pacific
Figure 22 Geographic Snapshot: Laser Technology Market In Latin America
Figure 23 Geographic Snapshot: Laser Technology Market In Middle East & Africa
Figure 24 Growth Strategies Adopted by Leading Market Player (2021–2024)
Figure 25 Competitive Benchmarking Analysis (2021–2024)
Figure 26 Competitive Dashboard: Laser Technology Market
Figure 27 Coherent, Inc.: Financial Overview (2022)
Figure 28 TRUMPF GmbH + Co. KG: Financial Overview (2022)
Figure 29 IPG Photonics Corporation: Financial Overview (2022)
Figure 30 Han's Laser Technology Industry Group Co., Ltd.: Financial Overview (2022)
Figure 31 Lumentum Holdings Inc.: Financial Overview (2022)
Figure 32 Jenoptik AG: Financial Overview (2022)
Figure 33 Novanta Inc.: Financial Overview (2022)
Figure 34 LUMIBIRD Group: Financial Overview (2022)
Figure 35 MKS Instruments, Inc.: Financial Overview (2022)
Figure 36 Corning Incorporated: Financial Overview (2022)
Figure 37 Bystronic Laser AG: Financial Overview (2022)
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