According to the latest report by IMARC Group, titled “Industrial Lasers Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global industrial lasers systems market size reached US$ 19.8 Billion in 2022. Industrial laser systems refer to advanced technologies that utilize lasers for various applications in industrial settings. These systems harness lasers focused and intense energy to perform precise and efficient operations in manufacturing, fabrication, and other industrial processes. They are utilized for cutting, welding, marking, engraving, drilling, and surface treatment of metal, plastic, wood, and ceramics. They offer advantages over traditional mechanical methods, including high precision, speed, automation capabilities, and non-contact processing. They enhance productivity, improve quality control, and enable complex manufacturing processes. They find applications in industries such as automotive, aerospace, electronics, medical devices, and jewelry.
Global Industrial Lasers Systems Market Trends:
The industrial lasers systems market is driven by the increasing demand for precise and efficient manufacturing processes across various industries. Industrial lasers offer high levels of accuracy, speed, and versatility, making them indispensable tools in applications such as cutting, welding, marking, engraving, and additive manufacturing. Moreover, the development of fiber lasers, solid-state lasers, and diode lasers is supporting the market as these lasers offer improved performance, increased power output, enhanced energy efficiency, and reduced maintenance requirements compared to traditional laser technologies. Furthermore, the growing trend of automation and digitalization in manufacturing has augmented the demand for industrial laser systems. With the increasing adoption of technologies such as robotics, artificial intelligence, and the Internet of Things (IoT), there is a need for precise and automated laser systems to integrate into these smart manufacturing environments. Besides, the growing focus on sustainability and environmental responsibility has also contributed to the growth of the industrial laser systems market. Looking forward, the market value is projected to reach US$ 32.3 Billion by 2028, expanding at a CAGR of 8% during 2023-2028.
- Based on the type, the market has been segmented into fiber, solid state, CO2, and other lasers.
- On the basis of the application, the market has been divided into cutting, welding, marking, drilling, and others.
- Based on the end use industry, the market has been bifurcated into semiconductor and electronics, automotive, aerospace and defense, medical, and others.
- Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
- The competitive landscape of the market has also been examined, with some of the key players being ACSYS Lasertechnik US Inc., Amonics Ltd., Coherent Inc., Han's Laser Technology Industry Group Co. Ltd, II-VI Incorporated, IPG Photonics Corporation, Jenoptik Laser GmbH, Lumibird Group, Newport Corporation (MKS Instruments Inc.), NKT Photonics A/S, Toptica Photonics AG and TRUMPF.
|Base Year of the Analysis
||Type, Application, End Use Industry, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||ACSYS Lasertechnik US Inc., Amonics Ltd., Coherent Inc., Han's Laser Technology Industry Group Co. Ltd, II-VI Incorporated, IPG Photonics Corporation, Jenoptik Laser GmbH, Lumibird Group, Newport Corporation (MKS Instruments Inc.), NKT Photonics A/S, Toptica Photonics AG and TRUMPF.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800