Industrial Lasers Systems Market Share 2022-2027 Size, Industry Growth, Report Analysis and Forecast

According to the latest report by IMARC Group, titled “Global Industrial Lasers Systems Market Share, Size, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, 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.

Industrial lasers systems are mechanical instruments that function as single-wavelength high-energy light sources. They comprise a controller, filter, rotary device, galvanometer, gain medium, energy source, and mirrors that amplify the protons. They also consist of laser sources and embedded controls used as part of manufacturing tools in an industrial setting. These systems can generate a clear beam of light from the medium of regulated shape, size and purity using molecules or atoms and stimulated emission.

Industrial Lasers Systems Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 18.02 Billion
Market forecast in 2027US$ 29.96 Billion
Growth RateCAGR of 8.30% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027

Industrial Lasers Systems Market Trends and Drivers:

The global industrial lasers systems market is primarily driven by the increasing adoption of lasers for custom markings and engravings.

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Besides this, the rising trend of automation in industries, such as electronics, sheet metal processing, semiconductors, automotive, food and beverage, and medical devices, for high efficiency, improved productivity, and accuracy is also fueling market growth. In addition, industrial laser systems are used for communication, material processing, cutting, welding, engraving, brazing, marking and lithography.

Furthermore, technological advancements in the industrial environment like industrial automation, industrial robots, and 3D printing, along with the advent of Industry 4.0 and the Industrial Internet of things (IIoT), are also anticipated to facilitate market growth in the upcoming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Industrial Lasers Systems Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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.

The report has segmented the market on the basis of region, type, application and end use industry.

Breakup by Type:

  • Fiber
  • Solid State
  • CO2
  • Others

Breakup by Application:

  •  Cutting
  • Welding
  • Marking
  • Drilling
  • Others

Breakup by End Use Industry:

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

Breakup by Region:

  • 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

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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