Laser Processing Global Market Report 2026

Laser processing involves the use of a laser beam projection onto the surface of a material, utilizing a thermal effect to achieve various processes such as laser welding, laser cutting, surface modification, laser marking, laser drilling, and micro processing. Laser beams are employed for tasks like punching, cutting, scribing, welding, and heat treatment due to their adaptability to different material processing.

The main types of laser processing include gas laser, liquid laser, solid laser, and other types. Gas lasers generate light by passing an electric current through a gas, inducing a process called population inversion. Helium-neon lasers are commonly used in physics labs and educational settings, known for their cost-effectiveness. Laser processing finds applications in cutting, welding, drilling, micro processing, marking and engraving, and various other applications. The end-users of laser processing span across industries such as aerospace and defense, automotive, healthcare, machine tools, architecture, electronics and microelectronics, among others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are significantly impacting the laser processing market by increasing the cost of imported laser sources, optical components, motion control systems, and high-precision electronics used in cutting, welding, drilling, and marking applications. Manufacturers in North America and Europe are particularly affected due to reliance on imported fiber and solid-state laser technologies, while Asia-Pacific exporters face pricing pressure in global markets. These tariffs are raising capital expenditure requirements and slowing upgrades of advanced manufacturing lines. However, they are also encouraging localization of laser system manufacturing, diversification of component sourcing, and innovation in cost-efficient and high-performance laser processing solutions.

The laser processing market research report is one of a series of new reports from The Business Research Company that provides Laser processing market statistics, including laser processing industry global market size, regional shares, competitors with an laser processing market share, detailed laser processing market segments, market trends and opportunities, and any further data you may need to thrive in the laser processing industry. This laser processing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The laser processing market size has grown rapidly in recent years. It will grow from $21.87 billion in 2025 to $24.21 billion in 2026 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to growth of industrial manufacturing, demand for high-precision fabrication, adoption of cnc technologies, expansion of electronics production, advancement in laser sources.

The laser processing market size is expected to see rapid growth in the next few years. It will grow to $36.42 billion in 2030 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to industry 4.0 adoption, growth in electric vehicle manufacturing, demand for lightweight materials, investments in automated fabrication, expansion of microelectronics production. Major trends in the forecast period include expansion of multi-process laser applications, rising adoption of precision material processing, integration of lasers in smart manufacturing, growing demand for microprocessing techniques, shift toward non-contact manufacturing.

The increasing use of lasers in medical devices and surgeries is significantly driving the growth of the laser processing market. Medical lasers are applied across various specialties, including ophthalmology, dermatology, plastic surgery, and dental procedures, as well as intraabdominal, cardiothoracic, neurologic, gynecologic, and urologic surgeries. Lasers provide a focused, coherent light source capable of delivering intense energy to precise locations. For example, in December 2024, the Securities and Exchange Commission, a US-based independent federal agency, reported that approximately 5.2 million refractive procedures, mainly laser vision surgeries, were expected to be performed worldwide in 2024. Therefore, the growing adoption of lasers in medical devices and surgical procedures is anticipated to boost demand in the laser processing market during the forecast period.

Major companies in the laser processing market are emphasizing remote monitoring technologies, such as mobile connectivity. This feature in laser systems enables users to remotely monitor and control system settings through a smartphone app, improving convenience and operational flexibility. For example, in May 2024, Laser Photonics Corporation (LPC), a US-based machine industry company, introduced its next-generation CleanTech laser cleaning systems, designed for tasks like cleaning, finishing, roughening, and surface preparation. This updated series includes mobile connectivity for remote monitoring, a compact scan head for easier handling, and smart overheat protection that stops operations if temperatures exceed 122°F (50°C). Moreover, the smartphone app allows users to easily control settings. LPC's new CleanTech systems enhance usability and safety, serving a wide range of clients from small businesses to large manufacturers and government entities, while delivering precise and efficient surface cleaning solutions.

In September 2025, Laser Photonics Corporation, a US-based provider of industrial laser systems for cleaning, surface treatment, and material-processing applications, acquired Beamer Laser Marking Systems through an all-stock deal (3 million LASE shares plus 1 warrant for 3 million shares at a $4.34 exercise price). With this acquisition, Laser Photonics aimed to diversify its product portfolio and strengthen its position in the laser-marking and material-processing market by leveraging Beamer's established customer base, distribution network, and U.S.-manufactured marking systems. Beamer Laser Marking Systems is a US-based provider of industrial fiber- and CO2-laser marking equipment, offering permanent marking solutions (serial numbers, barcodes, and part identification) for metal, plastic, and composite parts used across industrial manufacturing, aerospace, automotive, medical device, and consumer product sectors.

Major companies operating in the laser processing market are Coherent Inc., TRUMPF Inc., Han's Laser Technology Industry Group Co. Ltd., IPG Photonics Corporation, Jenoptik AG, Rofin-Sinar Technologies Inc., Bystronic Laser AG, Prima Power Group, Amada Miyachi America Inc., Mitsubishi Electric Corporation, nLIGHT Inc., Lumentum Holdings Inc., SPI Lasers UK Ltd., Ekspla, FANUC Corporation, II-VI Incorporated, Trotec Laser GmbH, LaserStar Technologies Corporation, NKT Photonics A/S, MKS Instruments Inc., Laserline GmbH, Convergent Photonics Corporation, ALPHA LASER GmbH, Photonics Industries International Inc., Cy-laser s.r.l.

Asia-Pacific was the largest region in the laser processing market in 2025, and it is also expected to be the fastest-growing region in the laser processing market share during the forecast period. The regions covered in the laser processing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the laser processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The laser processing market includes revenues earned by entities by providing services such as surface modification, precision welding, micro-drilling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Laser Processing Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses laser processing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for laser processing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The laser processing 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Gas Laser; Solid Laser; Other Types
• 2) By Application: Cutting; Welding; Drilling; Microprocessing; Marking and Engraving; Other Applications
• 3) By End-Use Industry: Aerospace and Defense; Automotive; Healthcare; Machine Tools; Architecture; Electronics and Microelectronics; Other End User Industries
• Subsegments:
• 1) By Gas Laser: Carbon Dioxide (CO2) Lasers; Helium-Neon (He-Ne) Lasers
• 2) By Solid Laser: Neodymium (Nd) Lasers; Yttrium Aluminum Garnet (YAG) Lasers; Fiber Lasers
• 3) By Other Types: Semiconductor Lasers; Excimer Lasers; Fiber-Optic Lasers
• Companies Mentioned: Coherent Inc.; TRUMPF Inc.; Han's Laser Technology Industry Group Co. Ltd.; IPG Photonics Corporation; Jenoptik AG; Rofin-Sinar Technologies Inc.; Bystronic Laser AG; Prima Power Group; Amada Miyachi America Inc.; Mitsubishi Electric Corporation; nLIGHT Inc.; Lumentum Holdings Inc.; SPI Lasers UK Ltd.; Ekspla; FANUC Corporation; II-VI Incorporated; Trotec Laser GmbH; LaserStar Technologies Corporation; NKT Photonics A/S; MKS Instruments Inc.; Laserline GmbH; Convergent Photonics Corporation; ALPHA LASER GmbH; Photonics Industries International Inc.; Cy-laser s.r.l.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.