Global High Power Lasers Market Growth 2023-2029

Global High Power Lasers Market Growth 2023-2029

High power lasers is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. While in industrial applications refers to laser power with above 1000 watts.

LPI (LP Information)' newest research report, the “High Power Lasers Industry Forecast” looks at past sales and reviews total world High Power Lasers sales in 2022, providing a comprehensive analysis by region and market sector of projected High Power Lasers sales for 2023 through 2029. With High Power Lasers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Power Lasers industry.

This Insight Report provides a comprehensive analysis of the global High Power Lasers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Power Lasers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Power Lasers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Power Lasers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Power Lasers.

The global High Power Lasers market size is projected to grow from US$ 2110.1 million in 2022 to US$ 3541.2 million in 2029; it is expected to grow at a CAGR of 3541.2 from 2023 to 2029.

Global High Power Lasers key players include IPG Photonics, TRUMPF, Rofin, Coherent, Lumentum, etc. Global top five manufacturers hold a share over 80%.

Europe is the largest market, with a share about 45%, followed by North America and Asia (excluding China), both have a share over 40%.

In terms of product, Fiber Lasers is the largest segment, with a share over 45%. And in terms of application, the largest application is Cutting, followed by Surface Treatment, Welding, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of High Power Lasers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

CO2 Lasers

Solid-State Lasers

Fiber Lasers

Segmentation by application

Cutting

Welding

Drilling

Surface Treatment

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

IPG Photonics

TRUMPF

Rofin

Coherent

nLIGHT

Prima

FANUC

Lumentum

Bystronic Laser

Wuhan Raycus

Han’s Laser

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Power Lasers market?

What factors are driving High Power Lasers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Power Lasers market opportunities vary by end market size?

How does High Power Lasers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.