PUBLISHER: The Business Research Company | PRODUCT CODE: 1895253
PUBLISHER: The Business Research Company | PRODUCT CODE: 1895253
Industrial laser systems are advanced tools that use concentrated beams of light energy to cut, weld, mark, engrave, drill, or surface-treat a wide variety of materials with high precision. They are designed for use in manufacturing and processing industries and can be based on different laser technologies such as CO2, fiber, diode, or solid-state lasers. The primary purpose of industrial laser systems is to enhance production efficiency, accuracy and flexibility in material processing.
The industrial laser system market consists of sales, by entities (organizations, sole traders, or partnerships), of industrial laser system that are used in operations that require high accuracy, repeatability and efficiency, offering advantages over traditional mechanical processing in terms of speed, precision and minimal tool wear.
The global industrial laser system market reached a value of nearly $25,388.96 million in 2024, having grown at a compound annual growth rate (CAGR) of 6.61% since 2019. The market is expected to grow from $25,388.96 million in 2024 to $38,572.49 million in 2029 at a rate of 8.72%. The market is then expected to grow at a CAGR of 8.21% from 2029 and reach $57,229.66 million in 2034.
Growth In Electronics And Semiconductors
The growth in electronics and semiconductors supported the growth of the industrial laser system market in the historic period. The increasing demand for smaller, more efficient and high-performance electronic devices required advanced manufacturing processes with high precision and reliability. Industrial lasers became essential for applications such as wafer cutting, micro-drilling, circuit marking and packaging. Their ability to deliver accuracy, speed and minimal material waste made them a preferred choice for semiconductor and electronics production. As the sector expanded globally, the adoption of laser systems increased. For instance, according to the Semiconductor Industry Association (SIA), a trade association and lobbying group, global semiconductor sales were $62.1 billion during the month of July 2025, an increase of 20.6% compared to the July 2024 total of $51.5 billion and 3.6% more than the June 2025 total of $59.9 billion. Therefore, the growth in electronics and semiconductors drove the growth of the industrial laser system market in the historic period.
Advancing Automation With AI-Integrated Laser Cutting Technology
Major companies operating in the industrial laser system market are focusing on developing automated CO2 lasers that integrate artificial intelligence (AI)-driven material recognition, advanced autofocus systems, dual-camera previews and high-speed precision cutting to enhance productivity, simplify user workflows and expand accessibility for both industrial and professional applications. For instance, in August 2025, xTool, a China-based automation machinery manufacturing company, has launched the xTool P3, an advanced CO2 laser cutter designed to combine industrial-grade performance with user-friendly automation. Unveiled on August 28 and set to be showcased at IFA 2025, the P3 introduces the automated creation system (ACS), which integrates dual-camera previews, light detection and ranging (LiDAR) autofocus, smart material recognition, artificial intelligence (AI) stitching and auto-nesting to streamline setup and boost efficiency. With an 80W laser, 915 X 458 mm work area and speeds up to 1,200 mm/s, it delivers powerful yet accessible fabrication, including single-pass cuts through thick materials. Safety features, modular accessories and global service support reinforce xTool's shift toward intelligent, automated creation.
The global industrial laser system market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 20.71% of the total market in 2024.
Industrial Laser System Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global industrial laser system market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for industrial laser system? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The industrial laser system market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider industrial laser system market; and compares it with other markets.