Global CO2 Laser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global CO2 Laser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

CO2 laser is a kind of gas laser. In medical treatment, it can gasify tissues to achieve the purpose of treatment. It can help treat vascular dermatoses, pigmented dermatoses, malignant tumors and other diseases. In industry, they can be used to cut different types of metals.

Market Overview:

The latest research study on the global CO2 Laser market finds that the global CO2 Laser market reached a value of USD 2087.54 million in 2022. It’s expected that the market will achieve USD 3045.2 million by 2028, exhibiting a CAGR of 6.5% during the forecast period.

Influence of epidemic situation on industry production plan

The production process of CO2 Laser is complex and requires many parts, including laser materials and components such as laser crystals, chips. The outbreak of COVID-19 epidemic has affected the global CO2 Laser production. On the one hand, due to the severe impact of the COVID-19 epidemic on the manufacturing industry, the production and sales of CO2 Laser raw material manufacturers, including chips, laser tubes and other manufacturers, have been affected. This leads to the problem of parts supply in CO2 Laser industry. It is difficult for the industry to find spare parts suppliers, so it has to reduce production.
On the other hand, due to the outbreak of the epidemic in COVID-19, in order to prevent the epidemic from spreading further, the government has issued policies to restrict people's travel and related isolation. The government closed most non-essential businesses, which hit the CO2 Laser market at the level of supply and end users. At the same time, due to the restrictions of relevant epidemic policies, the management efficiency of industrial enterprises declined, and the company's production plan was affected.

Logistics influence

Affected by the epidemic situation, many countries have imposed controls on domestic traffic and personnel flow, and imposed restrictions on imported goods. This led to different levels of logistics interruption, cargo accumulation and transportation delay in the sales process of CO2 Laser. At present, the logistics industry in various countries is gradually resuming operation according to different national policies.

Advantages of CO2 Laser

Compared with other gas lasers, CO2 Laser has higher power and higher energy conversion efficiency. Generally, the closed-tube CO2 Laser can have tens of watts of continuous output power, which far exceeds that of other gas lasers, while the transverse flow type electrically excited CO2 Laser can have hundreds of thousands of watts of continuous output. In addition, the transverse atmospheric CO2 Laser has reached a high level in energy and power output from the pulse, which is comparable to that of solid-state lasers. The energy conversion efficiency of CO2 Laser can reach 30 ~ 40%, which also exceeds that of ordinary gas lasers. In addition, it also has the advantages of high optical quality, good coherence, narrow line width, stable work and so on. Widely used in processing (welding, cutting, punching, etc.), communication, radar, medical and other industries. In the field of laser cutting, fiber laser can't cut nonmetals, such as wood, plastic, leather, cotton and linen fabrics, etc. CO2 Laser can cut nonmetallic materials. Compared with other types of lasers, the advantages of CO2 Laser promote the development of the industry.

Disadvantages of CO2 Laser

CO2 Laser can't cut copper materials, including brass and red copper. If it is necessary to cut copper, only fiber laser can. For CO2 laser, copper is a highly reflective material, and almost all the laser light is reflected but not absorbed. Meanwhile, compared with other lasers, the maintenance cost of CO2 Laser is higher. The carbon dioxide laser system needs regular maintenance, the mirror needs maintenance and calibration, and the resonant cavity needs regular maintenance. The solution of fiber laser cutting requires almost no maintenance.
For example, CO2 Laser needs carbon dioxide as laser gas. Because of the purity of carbon dioxide gas, the cavity will be polluted and need to be cleaned regularly. This will generate extra expenses and increase the cost of the client company.
In addition, the photoelectric conversion efficiency of CO2 Laser is low, generally speaking, the photoelectric conversion rate is only 8% ~ 10%. The photoelectric conversion efficiency of fiber laser is high, which can generally reach 25%-30%. Therefore, fiber laser is more energy-saving than CO2 Laser.
Generally speaking, the shortcoming of CO2 Laser is a factor that limits the development of the industry.

Region Overview:

In 2022, the share of the CO2 Laser market in China stood at 32.23%.

Company Overview:

El.En. is one of the major players operating in the CO2 Laser market, holding a share of 15.68% in 2023.

El.En.

El.En. is one of the global leaders in the laser sector, providing industrial, medical and protective laser solutions. Offers medical laser equipment for dermatology, surgery, cosmetics, physiotherapy, dentistry and gynecology. Applications for industrial laser systems range from the cutting, marking and welding of metal, wood, plastic and glass, to the upholstery of leather and fabrics, to the conservative restoration of works of art.

FANUC

FANUC started the development of NCs in 1955, and ever since, has devoted itself to focusing on factory automation.
FANUC is active in the fields of FA, which encompasses basic technologies, consisting of NCs (numerical controls), servos and lasers, and Robots to which such basic technologies are applied, as well as Robomachines.

Segmentation Overview:

By type, 500 W to 1000 W segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Industrial, with a market share of 54.71% in 2022.

Key Companies in the global CO2 Laser market covered in Chapter 3:

Coherent
RECI laser
HGTECH
Lumenis
Weegiant
Han's Laser Technology Industry
Yongli laser
SPT laser
El.En.
FANUC
TRUMPF
EFR laser

In Chapter 4 and Chapter 14.2, on the basis of types, the CO2 Laser market from 2018 to 2029 is primarily split into:

Up to 50 W
50 W to 500 W
500 W to 1000 W
Above 1000 W

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the CO2 Laser market from 2018 to 2029 covers:

Medical
Industrial
Communication

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)