Lasers Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023-2028)
The lasers market is expected to register a CAGR of over 13% during the forecast period.
In 2020, the lasers market was moderately affected due to the COVID-19 pandemic and the temporary shutdown of various industries. However, the increased manufacturing of electrical and electronics, medical devices, and automotive, where lasers are used in significant quantities, propelled the demand for lasers in 2021.
Key HighlightsThe lasers market is partially consolidated in nature. Some of the key players (not in any particular order) in the market include TRUMPF, Coherent Corp., Han's Laser Technology Industry Group Co. Ltd, Lumentum Operations LLC, and IPG Photonics Corporation.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook