Global Industrial Laser Market Growth 2023-2029

Global Industrial Laser Market Growth 2023-2029

A laser is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. The term "laser" originated as an acronym for "light amplification by stimulated emission of radiation". A laser differs from other sources of light in that it emits light coherently, spatially and temporally. Spatial coherence allows a laser to be focused to a tight spot, enabling applications such as laser cutting and lithography. Spatial coherence also allows a laser beam to stay narrow over great distances (collimation), enabling applications such as laser pointers. Lasers can also have high temporal coherence, which allows them to emit light with a very narrow spectrum, i.e., they can emit a single color of light. Temporal coherence can be used to produce pulses of light as short as a femtosecond.

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

This Insight Report provides a comprehensive analysis of the global Industrial Laser 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 Industrial Laser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Laser market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Laser 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 Industrial Laser.

The global Industrial Laser market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Among their many applications, lasers are used in optical disk drives, laser printers, and barcode scanners; DNA sequencing instruments, fiber-optic and free-space optical communication; laser surgery and skin treatments; cutting and welding materials; military and law enforcement devices for marking targets and measuring range and speed; and laser lighting displays in entertainment.

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

Market Segmentation:

Segmentation by type
CO2 Lasers
Fiber Lasers
Solid-State Lasers
Others

Segmentation by application
Construction Industry
Medical
Manufacturing
Food and Beverage
Agriculture
Oil & Gas
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.
Coherent
IPG Photonics
ROFIN-SINAR Technologies
TRUMPF
3S Photonics
Active Fiber Systems
AdValue Photonics
Amonics
Apollo Instruments
Calmar Laser
Clark MXR
EKSPLA
ELUXI
Eolite Lasers
FANUC
FiberLAST
Furukawa Electric
Gbos Laser
Hypertherm
Han's Laser Technology
IMRA America
JDS Uniphase
JENOPTIK
JK Lasers
Keopsys
Laserglow Technologies
Lumentum Operations

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Laser market?

What factors are driving Industrial Laser market growth, globally and by region?

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

How do Industrial Laser market opportunities vary by end market size?

How does Industrial Laser 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.