Global Laser Technology Market – Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Laser Technology Market By Type (CO2 Laser, Fiber Laser, Solid State Laser, Other Laser), Revenue (System Revenue, Laser Revenue), Application (Laser Processing, Optical Communications, Others), End User (Telecommunications, Industrial, Semiconductor & Electronics, Commercial, Aerospace & Defense, Automotive, Medical, Research, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Laser Technology Market

Global Laser technology market is set to witness a growing substantial CAGR of 5.68% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to the surging global demand for optical communication as well as the rising demand of infrared thermometer is contributing to the market growth.

Market Definition: Global Laser Technology Market

Laser Technology uses light energy by transforming the energy states of a material. It is a focused beam of photon particles. There are various types of lasers such as dye lasers, excimer lasers, fiber lasers, gas lasers and solid state lasers. With the increasing expenditure on healthcare and other verticals the demand for laser technology has surged as well as there are various innovations in the technology which drives the demand for it. Laser technology is widely used in various industries such as defense, healthcare, and telecommunications, aerospace. Laser technology is widely used in surgical procedures, consumer products, and laser material processing such as drilling, engraving, and cutting and for marking a broad range of materials.

Market Drivers:

  • There is surge in demand from the healthcare vertical which is driving the market growth
  • The laser technology is more advance over traditional technology which increases the efficiency and is propelling the market growth
  • There is a gradual shift towards the production of Nano and Micro devices
  • The rapid expansion and advancements in the various end user verticals is boosting the market growth
  • The rising incidences of surgical procedures have contributed to the growth of the market

Market Restraints:

  • The stringent regulations and compliances has hindered the market growth
  • The high cost associated with the technology and its solutions for end user verticals is restraining the market growth

Segmentation: Global Laser Technology Market

By Type

  • CO2 Laser
  • Fiber Laser
  • Solid State Laser

    • Yag Laser
    • Semiconductor Laser
    • Thin Disk Laser
    • Ruby Laser

  • Other Laser

    • X-Ray Laser
    • Dye Laser
    • Excimer Laser
    • Argon Laser
    • Chemical Laser
    • Helium-Neon Laser

By Revenue

  • System Revenue
  • Laser Revenue

By Application

  • Laser Processing

    • Macro Processing

      • Cutting

        • Fusion Cutting
        • Flame Cutting
        • Sublimation Cutting

      • Drilling

        • Single Pulse Drilling
        • Percussion Drilling
        • Trepanning Drilling
        • Helical Drilling

      • Welding
      • Marking and Engraving

    • Micro Processing
    • Advanced Processing

  • Optical Communications
  • Others

By End User

  • Telecommunications
  • Industrial
  • Semiconductor & Electronics

    • Memory
    • Microprocessors
    • Integrated Circuit

  • Commercial
  • Aerospace & Defense

    • Aerospace Industry
    • Missile Industry
    • Space Industry
    • Combat Vehicle Industry
    • Ammunition & Weapon Industry

  • Automotive
  • Medical
  • Research
  • Others

    • Oil & Gas
    • Iron & Steel
    • Tobacco
    • Glass
    • Wood
    • Retail
    • Plastic

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Turkey
    • Switzerland
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • UAE
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In April 2019, Laserax had launched inline laser marking and laser cleaning solutions which will solve the problem of various automobile manufacturers for marking of individual components so that they can be traced. This launch will help the manufacturers in marking the components which will benefit the company by expanding its customer base.
  • In August 2018, Emerson had launched Rosemount CT4215 Food and Beverage leak detection system. It will ensure the safety and quality of the F7B products as well as will help in maximizing the overall production. It will detect any leaks in bottles or packets and will alert for it. This launch will benefit the company by expanding its customer’s base as well as expanding the product portfolio of the company.

Competitive Analysis

Global laser technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of global laser technology market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global laser technology market are NeoPhotonics Corporation, Applied Laser Technology, Inc., Haas Laser Technologies, Inc., JENOPTIK AG, Lumentum Operations LLC, Laser Technology, Inc., PRIMA INDUSTRIE S.p.A., BYSTRONIC, MKS Instruments, LUMIBIRD, TRUMPF, IPG Photonics Corporation, Epilog Laser, eurolaser GmbH, Focuslight Technologies Inc., Access Laser Company, Han’s Laser Technology Industry Group Co., Ltd, Novanta Inc., 600 Group PLC, Photonics Industries International. Inc., LaserStar Technologies Corporation, Coherent Inc. and Corning Incorporated among others.

Research Methodology: Global Laser Technology Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved


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