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Industrial Lasers Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global industrial lasers systems market reached a value of US$ 18.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 29.96 Billion by 2027, exhibiting a CAGR of 8.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Industrial lasers are a single wavelength source of high-energy light. They are mechanical tools that utilize atoms, molecules and stimulated emissions to generate a beam of light with controlled purity, size and shape. The lasers are monochromatic, uni-directional and coherent. Some of the commonly used industrial lasers include fiber, diode, carbon dioxide and solid-state lasers. They consist of a controller, filter, rotary device and galvanometer, along with a gain medium, energy source and mirrors to amplify the protons.  Industrial lasers find extensive application for communication, material processing, cutting, welding, engraving, brazing, marking and lithography.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Industrial Lasers Systems Market Trends:

The increasing adoption of lasers for custom markings and engravings across industries, such as automotive, medical, aerospace, defense and packaging, is among the key factors driving the market growth. This can also be attributed to the escalating demand for automation and high-end processing in the manufacturing applications. Moreover, the widespread adoption of fiber lasers for marking and engraving on semiconductors and other electronics is providing a thrust to the market growth. Fiber lasers offer enhanced output power, optical quality and are available in both continuous and modulated wave modes. They are used for printing permanent alphanumeric details on products, such as brand names, batch numbers, manufacturer codes, bar codes, logos and dates. Additionally, various technological advancements, such as the integration of laser systems in additive manufacturing, are acting as other growth-inducing factors. Industrial lasers are also used for 3D printing of products with enhanced efficiency, customization and minimal waste generation and errors. Other factors, including rapid industrialization, along with the increasing utilization of direct-diode lasers for cutting plastics, ceramics, fiber-reinforced and organic materials, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial lasers systems market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end use industry.

Breakup by Type:

  • Fiber Laser
  • Solid State Laser
  • CO2 Laser
  • Others
     

Breakup by Application:

 

 
 

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  • Cutting
  • Welding
  • Marking
  • Drilling
  • Others
     

Breakup by End Use Industry:

  • Semiconductor and Electronics
  • Automotive
  • Aerospace and Defense
  • Medical
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Industrial Lasers Systems Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Fiber Laser
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Solid State Laser
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    CO2 Laser
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Cutting
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Welding
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Marking
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Drilling
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    Semiconductor and Electronics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Automotive
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Aerospace and Defense
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Medical
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ACSYS Lasertechnik US Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Amonics Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Coherent Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Han's Laser Technology Industry Group Co. Ltd
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    II-VI Incorporated
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    IPG Photonics Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Jenoptik Laser GmbH
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    Lumibird Group
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    Newport Corporation (MKS Instruments Inc.)
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    NKT Photonics A/S
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Toptica Photonics AG
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    TRUMPF
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Industrial Lasers Systems Market: Major Drivers and Challenges
Figure 2: Global: Industrial Lasers Systems Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Industrial Lasers Systems Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Industrial Lasers Systems Market: Breakup by Type (in %), 2021
Figure 5: Global: Industrial Lasers Systems Market: Breakup by Application (in %), 2021
Figure 6: Global: Industrial Lasers Systems Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Industrial Lasers Systems Market: Breakup by Region (in %), 2021
Figure 8: Global: Industrial Lasers Systems (Fiber Laser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Industrial Lasers Systems (Fiber Laser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Industrial Lasers Systems (Solid State Laser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Industrial Lasers Systems (Solid State Laser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Industrial Lasers Systems (CO2 Laser) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Industrial Lasers Systems (CO2 Laser) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Industrial Lasers Systems (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Industrial Lasers Systems (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Industrial Lasers Systems (Cutting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Industrial Lasers Systems (Cutting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Industrial Lasers Systems (Welding) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Industrial Lasers Systems (Welding) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Industrial Lasers Systems (Marking) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Industrial Lasers Systems (Marking) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Industrial Lasers Systems (Drilling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Industrial Lasers Systems (Drilling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Industrial Lasers Systems (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Industrial Lasers Systems (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Industrial Lasers Systems (Semiconductor and Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Industrial Lasers Systems (Semiconductor and Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Industrial Lasers Systems (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Industrial Lasers Systems (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Industrial Lasers Systems (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Industrial Lasers Systems (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Industrial Lasers Systems (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Industrial Lasers Systems (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Industrial Lasers Systems (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Industrial Lasers Systems (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Industrial Lasers Systems Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Industrial Lasers Systems Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Industrial Lasers Systems Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Industrial Lasers Systems Industry: SWOT Analysis
Figure 86: Global: Industrial Lasers Systems Industry: Value Chain Analysis
Figure 87: Global: Industrial Lasers Systems Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Industrial Lasers Systems Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Industrial Lasers Systems Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Industrial Lasers Systems Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Industrial Lasers Systems Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 5: Global: Industrial Lasers Systems Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Industrial Lasers Systems Market: Competitive Structure
Table 7: Global: Industrial Lasers Systems Market: Key Players

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Key Questions Answered in This Report

The global industrial lasers systems market was valued at US$ 18.02 Billion in 2021.

We expect the global industrial lasers systems market to exhibit a CAGR of 8.30% during 2022-2027.

The rising utilization of industrial laser systems for 3D printing, custom markings, engravings, and printing permanent alphanumeric details on products, such as brand names, bar codes, logos, etc., is primarily the global industrial lasers systems market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for industrial laser systems.

Based on the type, the global industrial lasers systems market can be segmented into fiber laser, solid state laser, CO2 laser, and others. Currently, fiber laser holds the majority of the total market share.

Based on the application, the global industrial lasers systems market has been divided into cutting, welding, marking, drilling, and others. Among these, cutting exhibits a clear dominance in the market.

Based on the end use industry, the global industrial lasers systems market can be categorized into semiconductor and electronics, automotive, aerospace and defense, medical, and others. Currently, the semiconductor and electronics industry accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global industrial lasers systems market include 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.

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