High Energy Laser Report: Trends, Forecast and Competitive Analysis to 2030

High Energy Laser Trends and Forecast

The future of the global high energy laser market looks promising with opportunities in the cutting, welding & drilling, military and defense, and communications markets. The global high energy laser market is expected to reach an estimated $23.1 billion by 2030 with a CAGR of 11.7% from 2024 to 2030. The major drivers for this market are increasing demand for laser weapon systems by the navy, significantly growing market for non-lethal deterrent solutions, and rising investment by the government and defence agency in the high energy laser technology.

A more than 150-page report is developed to help in your business decisions.

High Energy Laser by Segment

The study includes a forecast for the global high energy laser by type, application, and region

High Energy Laser Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Gas Lasers
• Chemical Lasers
• Excimer Lasers
• Fiber Lasers
• Solid State Lasers

High Energy Laser Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cutting, Welding & Drilling
• Military and Defense
• Communications
• Other Applications

High Energy Laser Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of High Energy Laser Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high energy laser companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high energy laser companies profiled in this report include-

• Trumpf
• IPG Photonics
• Coherent
• Nlight
• Bae Systems
• Alltec
• Lockheed Martin Corporation
• Applied Companies
• The Boeing Company
• Lumentum Holdings
• Bystronic Laser

High Energy Laser Market Insights

Lucintel forecasts that fiber laser will remain the largest segment over the forecast period.

Within this market, cutting, welding & drilling will remain the largest segment due to development of new high energy laser technologies.

North America is expected to witness highest growth over the forecast period due to presence of a large number of high energy laser manufacturers in the region.

Features of the Global High Energy Laser Market

Market Size Estimates: High energy laser market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: High energy laser market size by type, application, and region in terms of value ($B).

Regional Analysis: High energy laser market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the high energy laser market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high energy laser market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the high energy laser market size?

Answer: The global high energy laser market is expected to reach an estimated $23.1 billion by 2030.

Q.2 What is the growth forecast for high energy laser market?

Answer: The global high energy laser market is expected to grow with a CAGR of 11.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the high energy laser market?

Answer: The major drivers for this market are increasing demand for laser weapon systems by the navy, significantly growing market for non-lethal deterrent solutions, and rising investment by the government and defence agency in the high energy laser technology.

Q4. What are the major segments for high energy laser market?

Answer: The future of the global high energy laser market looks promising with opportunities in the cutting, welding & drilling, military and defense, and communications markets

Q5. Who are the key high energy laser market companies?

Answer: Some of the key high energy laser companies are as follows.

• TRUMPF
• IPG Photonics
• Coherent
• nLight
• Bae Systems
• Alltec
• Lockheed Martin Corporation
• Applied Companies
• The Boeing Company
• Lumentum Holdings

Q6. Which high energy laser market segment will be the largest in future?

Answer: Lucintel forecasts that fiber laser will remain the largest segment over the forecast period.

Q7. In high energy laser market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to presence of a large number of high energy laser manufacturers in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the high energy laser market by type (gas laser, chemical laser, excimer laser, fiber laser, and solid state laser), application (cutting, welding & drilling, military and defense, communications, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?