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Market Research Report
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1092513

Laser Processing Market Size, Share & Trends Analysis Report By Product (Gas, Solid-state, Fiber), By Process (Material Processing, Marking & Engraving, Micro-processing), By Application, And Segment Forecasts, 2022 - 2030

Published: | Grand View Research, Inc. | 100 Pages | Delivery time: 2-10 business days

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Laser Processing Market Size, Share & Trends Analysis Report By Product (Gas, Solid-state, Fiber), By Process (Material Processing, Marking & Engraving, Micro-processing), By Application, And Segment Forecasts, 2022 - 2030
Published: May 9, 2022
Grand View Research, Inc.
Content info: 100 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents
  • List of Tables

Laser Processing Market Growth & Trends:

The global laser processing market size is expected to reach USD 38.22 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.1% from 2022 to 2030. The rising utilization of expensive laser-drilling techniques for oil and gas exploration purposes is projected to substitute the traditional methods. Decreasing drilling costs are anticipated to increase the feasibility of uneconomic oil deposits, thus positively impacting the market growth. The growing need for this type of processing in industrial solar modules is further expected to fuel the market growth.

The requirement for laser technology in the medical sector is projected to witness significant growth due to increasing technological advancements. These technical developments offer faster recovery time, smaller incisions, and lesser pain. The increasing adoption of these methodologies is expected to spur the demand for surgical lasers. Advancements leading to enhanced edge quality and cutting speeds are anticipated to offer growth avenues for the market. Furthermore, the manufacturing sector has increased the adoption of laser technology for processing the material due to many advantages over traditional material processing, which is expected to be one of the major factors driving the market.

Significant investments by the market players in R&D are fueling the growth of the market. For instance, Fudan University researchers led by Profs. X. Wu, M. Lu, and S.-Y. Zhang produced an all-silicon laser with high optical gains using silicon nanocrystals. Silicon nanocrystals are similar to GaAs and InP. All-silicon laser combines optoelectronics and microelectronics used in various fields such as sensing, communication, displays, detection, and imaging.

Laser Processing Market Report Highlights:

  • Based on product, fiber lasers are projected to exhibit the fastest CAGR of 10.0% from 2022 to 2030 as they are widely used across several end-use industries and are highly cost-effective compared to the other products
  • By process, the material processing segment is expected to expand at the fastest CAGR of 9.4% over the forecast period. This can be accredited to the ability of lasers to perform high-speed and accurate industrial processes
  • The Asia Pacific region is expected to expand at the fastest CAGR of 9.7% from 2022 to 2030 owing to the rising number of OEMs in this region
  • Industry participants focus on technological advancements and innovation to capture a large market share
Product Code: 978-1-68038-272-3

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1 Research Process
    • 1.1.1 Information procurement
    • 1.1.2 Purchased database
    • 1.1.3 GVR's internal database
  • 1.2 Research Methodology
  • 1.3 Geographic Scope
  • 1.4 Research Scope & Assumptions
  • 1.5 List of Data Sources

Chapter 2. Executive Summary

  • 2.1 Laser Processing Regional Marketplace: Key Takeaways

Chapter 3. Laser Processing: Market Variables, Trends & Scope

  • 3.1 Market Trends & Outlook
  • 3.2 Laser Processing - Market Segmentation & Scope
    • 3.2.1 Market definitions
  • 3.3 Laser Processing - Market Size and Growth Prospects
  • 3.4 Laser Processing - Value Chain Analysis
  • 3.5 Laser Processing - Market Dynamics
    • 3.5.1 Market driver analysis
    • 3.5.2 Market restraint/challenge analysis
  • 3.6 Laser Processing - Penetration & Growth Prospect Mapping
  • 3.7 Laser Processing - Industry Analysis - Porter's Five Forces
  • 3.8 Laser Processing - Company Market Share Analysis
  • 3.9 Laser Processing - PEST Analysis

Chapter 4. Laser Processing: Product Estimates & Trend Analysis

  • 4.1 Global Laser Processing Share by Product, 2021 & 2030
    • 4.1.1 Gas lasers
    • 1.1.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.1.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 4.1.2 Solid-state lasers
    • 1.2.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.2.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 4.1.3 Fiber lasers
    • 1.3.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.3.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
  • 4.2 Others
    • 4.2.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 4.3.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)

Chapter 5. Laser Processing: Process Estimates & Trend Analysis

  • 5.1 Global Laser Processing Share by Process, 2021 & 2030
    • 5.1.1 Material Processing
    • 1.1.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.1.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 5.1.2 Marking and Engraving
    • 1.2.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.2.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 5.1.3 Micro-Processing
    • 1.3.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.3.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)

Chapter 6. Laser Processing: Application Estimates & Trend Analysis

  • 6.1 Global Laser Processing Share by Application, 2021 & 2030
    • 6.1.1 Automotive
    • 1.1.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.1.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 6.1.2 Aerospace
    • 1.2.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.2.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 6.1.3 Machine tools
    • 1.3.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.3.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 6.1.4 Electronics & microelectronics
    • 1.4.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.4.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 6.1.6 Medical
    • 1.6.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.6.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
    • 6.1.6 Packaging
    • 1.6.1 Market Estimates and Forecasts, 2017 - 2030 (USD Million)
    • 1.6.2 Market Estimates and Forecast, By Region, 2017 - 2030 (USD Million)

Chapter 7. Laser Processing: Regional Estimates & Trend Analysis

  • 7.1 Global Laser Processing Market Share by Region, 2021 & 2030
    • 7.1.1 North America
    • 1.1.1 Market Estimates and Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.1.2 Market Estimates and Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.1.3 Market Estimates and Forecast, by application, 2017 - 2030 (USD Million)
    • 1.1.4 U.S.
    • 1.4.1 Market Estimates and Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.4.2 Market Estimates and Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.4.3 Market Estimates and Forecast, by application, 2017 - 2030 (USD Million)
    • 1.1.5 Canada
    • 1.5.1 Market Estimates and Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.5.2 Market Estimates and Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.5.3 Market Estimates and Forecast, by application, 2017 - 2030 (USD Million)
    • 7.1.2 Europe
    • 1.2.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.2.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.2.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.2.4 U.K.
    • 2.4.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 2.4.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 2.4.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.2.5 Germany
    • 2.5.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 2.5.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 2.5.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.2.6 France
    • 2.6.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 2.6.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 2.6.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 7.1.3 Asia Pacific
    • 1.3.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.3.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.3.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.3.4 China
    • 3.4.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 3.4.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 3.4.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.3.5 India
    • 3.5.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 3.5.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 3.5.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.3.6 Japan
    • 3.6.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 3.6.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 3.6.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 7.1.4 Latin America
    • 1.4.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.4.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.4.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.4.4 Brazil
    • 4.4.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 4.4.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 4.4.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 1.4.5 Mexico
    • 4.5.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 4.5.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 4.5.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)
    • 7.1.5 Middle East & Africa (MEA)
    • 1.5.1 Market Estimates and Segment Forecasts, by product, 2017 - 2030 (USD Million)
    • 1.5.2 Market Estimates and Segment Forecasts, by process, 2017 - 2030 (USD Million)
    • 1.5.3 Market estimates and segment forecast, by application, 2017 - 2030 (USD Million)

Chapter 8. Competitive Landscape

  • 8.1 Altec GmbH
    • 8.1.1 Company overview
    • 8.1.2 Financial performance
    • 8.1.3 Product benchmarking
  • 8.2 Alpha Nov laser
    • 8.2.1 Company overview
    • 8.2.2 Financial performance
    • 8.2.3 Product benchmarking
    • 8.2.4 Recent developments
  • 8.3 Amada Co., Ltd
    • 8.3.1 Company overview
    • 8.3.2 Financial performance
    • 8.3.3 Product benchmarking
    • 8.3.4 Recent developments
  • 8.4 Bystronic Laser AG
    • 8.4.1 Company overview
    • 8.4.2 Financial performance
    • 8.4.3 Product benchmarking
    • 8.4.4 Recent developments
  • 8.5 Coherent Inc.
    • 8.5.1 Company overview
    • 8.5.2 Financial performance
    • 8.5.3 Product benchmarking
    • 8.5.4 Recent developments
  • 8.6 Epilog Laser, Inc.
    • 8.6.1 Company overview
    • 8.6.2 Financial performance
    • 8.6.3 Product benchmarking
  • 8.7 Eurolaser GmbH
    • 8.7.1 Company overview
    • 8.7.2 Financial performance
    • 8.7.3 Product benchmarking
    • 8.7.4 Recent developments
  • 8.8 Han's Laser Technology Industry Group Co., Ltd.
    • 8.8.1 Company overview
    • 8.8.2 Financial performance
    • 8.8.3 Product benchmarking
  • 8.9 IPG Photonics Corporation
    • 8.9.1 Company overview
    • 8.9.2 Product benchmarking
  • 8.10 Newport Corporation (MKS Instruments, Inc.)
    • 8.10.1 Company overview
    • 8.10.2 Financial performance
    • 8.10.3 Product benchmarking
    • 8.10.4 Recent developments
  • 8.11 Prima Industrie
    • 8.11.1 Company overview
    • 8.11.2 Financial performance
    • 8.11.3 Product benchmarking
  • 8.12 LaserStar Technologies Corporation
    • 8.12.1 Company overview
    • 8.12.2 Financial performance
    • 8.12.3 Product benchmarking
    • 8.12.4 Recent developments
  • 8.13 The Needham Group (Needham Coding)
    • 8.13.1 Company overview
    • 8.13.2 Financial performance
    • 8.13.3 Product benchmarking
  • 8.14 Jenoptik Laser GmbH
    • 8.14.1 Company overview
    • 8.14.2 Financial performance
    • 8.14.3 Product benchmarking
    • 8.14.4 Recent developments
  • 8.15 Q-Peak Inc.
    • 8.15.1 Company overview
    • 8.15.2 Financial performance
    • 8.15.3 Product benchmarking
  • 8.16 ROFIN-SINAR Technologies Inc.
    • 8.16.1 Company overview
    • 8.16.2 Product benchmarking
  • 8.17 SEI Laser
    • 8.17.1 Company overview
    • 8.17.2 Financial performance
    • 8.17.3 Product benchmarking
    • 8.18.4 Recent developments
  • 8.18 Trotec Laser
    • 8.18.1 Company overview
    • 8.18.2 Financial performance
    • 8.18.3 Product benchmarking
  • 8.19 Trumpf GmbH + Co. KG
    • 8.19.1 Company overview
    • 8.19.2 Financial performance
    • 8.19.3 Product benchmarking
    • 8.10.4 Recent developments
  • 8.20 Universal Laser Systems, Inc.
    • 8.20.1 Company overview
    • 8.20.2 Financial performance
    • 8.20.3 Product benchmarking
    • 8.20.4 Recent developments
  • 8.21 Xenetech Global Inc.
    • 8.21.1 Company overview
    • 8.21.2 Financial performance
    • 8.21.3 Product benchmarking
    • 8.21.4 Recent developments

List of Tables

  • Table 1 Global laser processing market, 2017 - 2030 (USD Million)
  • Table 2 Global laser processing market, by product, 2017 - 2030 (USD Million)
  • Table 3 Global laser processing market, by process, 2017 - 2030 (USD Million)
  • Table 4 Global laser processing market, by application, 2017 - 2030 (USD Million)
  • Table 5 Global laser processing market, by region, 2017 - 2030 (USD Million)
  • Table 6 Gas lasers market, 2017 - 2030 (USD Million)
  • Table 7 Gas lasers market by region, 2017 - 2030 (USD Million)
  • Table 8 Solid-state lasers market, 2017 - 2030 (USD Million)
  • Table 9 Solid-state lasers market by region, 2017 - 2030 (USD Million)
  • Table 10 Fiber lasers market, 2017 - 2030 (USD Million)
  • Table 11 Fiber lasers market by region, 2017 - 2030 (USD Million)
  • Table 12 Other lasers market, 2017 - 2030 (USD Million)
  • Table 13 Other lasers market by region, 2017 - 2030 (USD Million)
  • Table 14 Laser processing demand in material processing, 2017 - 2030 (USD Million)
  • Table 15 Laser processing demand in material processing by region, 2017 - 2030 (USD Million)
  • Table 16 Laser processing demand in marking & engraving, 2017 - 2030 (USD Million)
  • Table 17 Laser processing demand in marking & engraving by region, 2017 - 2030 (USD Million)
  • Table 18 Laser processing demand in micro-processing, 2017 - 2030 (USD Million)
  • Table 19 Laser processing demand in micro-processing by region, 2017 - 2030 (USD Million)
  • Table 20 Laser processing demand in automotive, 2017 - 2030 (USD Million)
  • Table 21 Laser processing demand in automotive by region, 2017 - 2030 (USD Million)
  • Table 22 Laser processing demand in aerospace, 2017 - 2030 (USD Million)
  • Table 23 Laser processing demand in aerospace by region, 2017 - 2030 (USD Million)
  • Table 24 Laser processing demand in machine tools, 2017 - 2030 (USD Million)
  • Table 25 Laser processing demand in machine tools by region, 2017 - 2030 (USD Million)
  • Table 26 Laser processing demand in electronics & microelectronics, 2017 - 2030 (USD Million)
  • Table 27 Laser processing demand in electronics & microelectronics by region, 2017 - 2030 (USD Million)
  • Table 28 Laser processing demand in medical, 2017 - 2030 (USD Million)
  • Table 29 Laser processing demand in medical by region, 2017 - 2030 (USD Million)
  • Table 30 Laser processing demand in packaging, 2017 - 2030 (USD Million)
  • Table 31 Laser processing demand in packaging by region, 2017 - 2030 (USD Million)
  • Table 32 North America laser processing market by product, 2017 - 2030 (USD Million)
  • Table 33 North America laser processing market by process, 2017 - 2030 (USD Million)
  • Table 34 North America laser processing market by application, 2017 - 2030 (USD Million)
  • Table 35 U.S. laser processing market by product, 2017 - 2030 (USD Million)
  • Table 36 U.S. laser processing market by process, 2017 - 2030 (USD Million)
  • Table 37 U.S. laser processing market by application, 2017 - 2030 (USD Million)
  • Table 38 Canada laser processing market by product, 2017 - 2030 (USD Million)
  • Table 39 Canada laser processing market by process, 2017 - 2030 (USD Million)
  • Table 40 Canada laser processing market by application, 2017 - 2030 (USD Million)
  • Table 41 Europe laser processing market by product, 2017 - 2030 (USD Million)
  • Table 42 Europe laser processing market by process, 2017 - 2030 (USD Million)
  • Table 43 Europe laser processing market by application, 2017 - 2030 (USD Million)
  • Table 44 U.K. laser processing market by product, 2017 - 2030 (USD Million)
  • Table 45 U.K. laser processing market by process, 2017 - 2030 (USD Million)
  • Table 46 U.K. laser processing market by application, 2017 - 2030 (USD Million)
  • Table 47 Germany laser processing market by product, 2017 - 2030 (USD Million)
  • Table 48 Germany laser processing market by process, 2017 - 2030 (USD Million)
  • Table 49 Germany laser processing market by application, 2017 - 2030 (USD Million)
  • Table 50 France laser processing market by product, 2017 - 2030 (USD Million)
  • Table 51 France laser processing market by process, 2017 - 2030 (USD Million)
  • Table 52 France laser processing market by application, 2017 - 2030 (USD Million)
  • Table 53 Asia Pacific laser processing market by product, 2017 - 2030 (USD Million)
  • Table 54 Asia Pacific laser processing market by process, 2017 - 2030 (USD Million)
  • Table 55 Asia Pacific laser processing market by application, 2017 - 2030 (USD Million)
  • Table 56 China laser processing market by product, 2017 - 2030 (USD Million)
  • Table 57 China laser processing market by process, 2017 - 2030 (USD Million)
  • Table 58 China laser processing market by application, 2017 - 2030 (USD Million)
  • Table 59 India laser processing market by product, 2017 - 2030 (USD Million)
  • Table 60 India laser processing market by process, 2017 - 2030 (USD Million)
  • Table 61 India laser processing market by application, 2017 - 2030 (USD Million)
  • Table 62 Japan laser processing market by product, 2017 - 2030 (USD Million)
  • Table 63 Japan laser processing market by process, 2017 - 2030 (USD Million)
  • Table 64 Japan laser processing market by application, 2017 - 2030 (USD Million)
  • Table 65 Latin America laser processing market by product, 2017 - 2030 (USD Million)
  • Table 66 Latin America laser processing market by process, 2017 - 2030 (USD Million)
  • Table 67 Latin America laser processing market by application, 2017 - 2030 (USD Million)
  • Table 68 Brazil laser processing market by product, 2017 - 2030 (USD Million)
  • Table 69 Brazil laser processing market by process, 2017 - 2030 (USD Million)
  • Table 70 Brazil laser processing market by application, 2017 - 2030 (USD Million)
  • Table 71 Mexico laser processing market by product, 2017 - 2030 (USD Million)
  • Table 72 Mexico laser processing market by process, 2017 - 2030 (USD Million)
  • Table 73 Mexico laser processing market by application, 2017 - 2030 (USD Million)
  • Table 74 MEA laser processing market by product, 2017 - 2030 (USD Million)
  • Table 75 MEA laser processing market by process, 2017 - 2030 (USD Million)
  • Table 76 MEA laser processing market by application, 2017 - 2030 (USD Million)

List of Figures

  • Fig. 1 Research process
  • Fig. 2 Information procurement
  • Fig. 3 Market segmentation & scope
  • Fig. 4 Laser processing - Market size and growth prospects (USD Million)
  • Fig. 5 Laser processing - Value chain analysis
  • Fig. 6 Laser processing - Market dynamics
  • Fig. 7 Laser processing - Market driver relevance analysis (Current & future impact)
  • Fig. 8 Laser processing - Market restraint/challenge relevance analysis (Current & future impact)
  • Fig. 9 Laser processing - Key opportunities prioritized
  • Fig. 10 Laser processing industry analysis - Porter's Five Forces
  • Fig. 11 Laser processing - Company market share analysis,
  • Fig. 12 Laser processing - PESTEL analysis
  • Fig. 13 Laser processing market product outlook key takeaways
  • Fig. 14 Global laser processing product outlook, 2021 & 2030
  • Fig. 15 Global laser processing market - Product analysis
  • Fig. 16 Laser processing market process outlook key takeaways
  • Fig. 17 Global laser processing process outlook, 2021 & 2030
  • Fig. 18 Global laser processing market - Process analysis
  • Fig. 19 Laser processing market application outlook key takeaways
  • Fig. 20 Global laser processing application outlook, 2021 & 2030
  • Fig. 21 Global laser processing market - Application analysis
  • Fig. 22 Laser processing market regional outlook key takeaways
  • Fig. 23 Global laser processing regional outlook, 2021 & 2030 (USD Million)
  • Fig. 24 North America laser processing market analysis
  • Fig. 25 Europe laser processing market analysis
  • Fig. 26 Asia Pacific laser processing market analysis
  • Fig. 27 Latin America laser processing market analysis
  • Fig. 28 Middle East & Africa laser processing market analysis