Global Industrial Laser System market is segmented by Type of Laser (Fiber, Solid-state, CO2), Application (Cutting, Welding, Marking, Drilling), End-User Industry (Semiconductor and Electronics, Automotive, Aerospace and Defense, Medical), Regional Forecasts 2021-2027
- Category: Retail & Consumer
- Published Date: Oct 2021
- Publisher: Bizwit Research
- Pages: 200
Global Industrial Laser System Market is valued approximately at USD 17.29 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.26% over the forecast period 2021-2027. In the digital conversion industry, lasers are commonly used for laser marking, laser cutting, laser welding, laser micro-perforation, and laser kiss-cutting. In the construction industry, lasers are used for a variety of applications including forging, reactive sputtering, or passive sputtering, for architectural glass & glass coating, cutting for dismantling work, cutting, or joining for heating, ventilation, and air conditioning (HVAC), and cutting for roofs and facades, to mention few of. Lasers' flexibility makes them ideal for applications in the decorating and fashion sectors, such as laser branding, laser cutting, laser micro-perforation, and laser drilling. The market is driven by the key factors such as Miniaturization of Component Parts and Enhanced Precision and Accuracy over Conventional Alternatives. For instance, MKS Instruments, Inc. has introduced a new version of the Talon 355-45, a high-power UV laser from Spectra-Physics that enables for quicker UV processing at a reduced cost per component. It's suitable for PC boards, electrical components, semiconductors, flat panel displays, lithium-ion batteries, and LEDs in consumer electronics, clean energy, and other high-demand industrial applications. Furthermore, The COVID-19 virus has been seen in the industrial laser systems market, affecting the near-term demand environment and internal operations. The market for new laser systems or retrofits is anticipated to be slow as numerous component manufacturers confront material sourcing and working capital issues. Electronic component manufacturing supply chains, for instance, have been severely disrupted due to their concentration in China. In March 2020, as medical-related contracts became a top priority and demand for them increased, distributors and other component suppliers were put under even more pressure. However, Regulation Compliance Associated with Laser Usage, may impede market growth over the forecast period of 2021-2027.
North American region is expected to lead the market due to technological advancements in different industries such as manufacturing, aerospace, automotive, and others. Similarly, the region is home to a number of significant vendors, including IPG Photonics and Coherent Inc., among others.
Major market player included in this report are:
Han's Laser Technology Co., Ltd.
JENOPTIK
II-VI Incorporated
TRUMPF GmbH + Co KG
IPG Photonics Corporation
Newport Corporation
nLIGHT, Inc.
ACSYS Lasertechnik US Inc.
Coherent, Inc.
Quantel Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type of laser:
Fiber
Solid-state
CO2
Other Types
By End user industry:
Cutting
Welding
Marking
Drilling
Other Applications
By application:
Semiconductor and Electronics
Automotive
Aerospace and Defence
Medical
Other End-user Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Industrial Laser System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
North American region is expected to lead the market due to technological advancements in different industries such as manufacturing, aerospace, automotive, and others. Similarly, the region is home to a number of significant vendors, including IPG Photonics and Coherent Inc., among others.
Major market player included in this report are:
Han's Laser Technology Co., Ltd.
JENOPTIK
II-VI Incorporated
TRUMPF GmbH + Co KG
IPG Photonics Corporation
Newport Corporation
nLIGHT, Inc.
ACSYS Lasertechnik US Inc.
Coherent, Inc.
Quantel Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type of laser:
Fiber
Solid-state
CO2
Other Types
By End user industry:
Cutting
Welding
Marking
Drilling
Other Applications
By application:
Semiconductor and Electronics
Automotive
Aerospace and Defence
Medical
Other End-user Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Industrial Laser System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Industrial Laser System Market, by Region, 2019-2027 (USD Billion)
1.2.2. Industrial Laser System Market, by type of laser, 2019-2027 (USD Billion)
1.2.3. Industrial Laser System Market, by End user industry, 2019-2027 (USD Billion)
1.2.4. Industrial Laser System Market, by application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Laser System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Laser System Market Dynamics
3.1. Industrial Laser System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Miniaturization of Component Parts
3.1.1.2. Enhanced Precision and Accuracy over Conventional Alternatives
3.1.2. Market Restraint
3.1.2.1. Regulation Compliance Associated with Laser Usage
3.1.3. Market Opportunities
3.1.3.1. High demand in the medical industry for applications
Chapter 4. Global Industrial Laser System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial Laser System Market, by type of laser
5.1. Market Snapshot
5.2. Global Industrial Laser System Market by type of laser, Performance - Potential Analysis
5.3. Global Industrial Laser System Market Estimates & Forecasts by type of laser 2018-2027 (USD Billion)
5.4. Industrial Laser System Market , Sub Segment Analysis
5.4.1. Fiber
5.4.2. Solid-state
5.4.3. CO2
5.4.4. Other Types
Chapter 6. Global Industrial Laser System Market, by End user industry
6.1. Market Snapshot
6.2. Global Industrial Laser System Market by End User industry, Performance - Potential Analysis
6.3. Global Industrial Laser System Market Estimates & Forecasts by End User industry 2018-2027 (USD Billion)
6.4. Industrial Laser System Market , Sub Segment Analysis
6.4.1. Cutting
6.4.2. Welding
6.4.3. Marking
6.4.4. Drilling
6.4.5. Other Applications
Chapter 7. Global Industrial Laser System Market, by application
7.1. Market Snapshot
7.2. Global Industrial Laser System Market by application, Performance - Potential Analysis
7.3. Global Industrial Laser System Market Estimates & Forecasts by application 2018-2027 (USD Billion)
7.4. Industrial Laser System Market , Sub Segment Analysis
7.4.1. Semiconductor and Electronics
7.4.2. Automotive
7.4.3. Aerospace and Defense
7.4.4. Medical
7.4.5. Other End-user Industries
Chapter 8. Global Industrial Laser System Market, Regional Analysis
8.1. Industrial Laser System Market , Regional Market Snapshot
8.2. North America Industrial Laser System Market
8.2.1. U.S. Industrial Laser System Market
8.2.1.1. Type of laser breakdown estimates & forecasts, 2018-2027
8.2.1.2. End user industry breakdown estimates & forecasts, 2018-2027
8.2.1.3. Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Industrial Laser System Market
8.3. Europe Industrial Laser System Market Snapshot
8.3.1. U.K. Industrial Laser System Market
8.3.2. Germany Industrial Laser System Market
8.3.3. France Industrial Laser System Market
8.3.4. Spain Industrial Laser System Market
8.3.5. Italy Industrial Laser System Market
8.3.6. Rest of Europe Industrial Laser System Market
8.4. Asia-Pacific Industrial Laser System Market Snapshot
8.4.1. China Industrial Laser System Market
8.4.2. India Industrial Laser System Market
8.4.3. Japan Industrial Laser System Market
8.4.4. Australia Industrial Laser System Market
8.4.5. South Korea Industrial Laser System Market
8.4.6. Rest of Asia Pacific Industrial Laser System Market
8.5. Latin America Industrial Laser System Market Snapshot
8.5.1. Brazil Industrial Laser System Market
8.5.2. Mexico Industrial Laser System Market
8.6. Rest of The World Industrial Laser System Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Han's Laser Technology Co., Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. JENOPTIK
9.2.3. II-VI Incorporated
9.2.4. TRUMPF GmbH + Co KG
9.2.5. IPG Photonics Corporation
9.2.6. Newport Corporation
9.2.7. nLIGHT, Inc.
9.2.8. ACSYS Lasertechnik US Inc.
9.2.9. Coherent, Inc.
9.2.10. Quantel Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Industrial Laser System Market, by Region, 2019-2027 (USD Billion)
1.2.2. Industrial Laser System Market, by type of laser, 2019-2027 (USD Billion)
1.2.3. Industrial Laser System Market, by End user industry, 2019-2027 (USD Billion)
1.2.4. Industrial Laser System Market, by application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Laser System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Laser System Market Dynamics
3.1. Industrial Laser System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Miniaturization of Component Parts
3.1.1.2. Enhanced Precision and Accuracy over Conventional Alternatives
3.1.2. Market Restraint
3.1.2.1. Regulation Compliance Associated with Laser Usage
3.1.3. Market Opportunities
3.1.3.1. High demand in the medical industry for applications
Chapter 4. Global Industrial Laser System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial Laser System Market, by type of laser
5.1. Market Snapshot
5.2. Global Industrial Laser System Market by type of laser, Performance - Potential Analysis
5.3. Global Industrial Laser System Market Estimates & Forecasts by type of laser 2018-2027 (USD Billion)
5.4. Industrial Laser System Market , Sub Segment Analysis
5.4.1. Fiber
5.4.2. Solid-state
5.4.3. CO2
5.4.4. Other Types
Chapter 6. Global Industrial Laser System Market, by End user industry
6.1. Market Snapshot
6.2. Global Industrial Laser System Market by End User industry, Performance - Potential Analysis
6.3. Global Industrial Laser System Market Estimates & Forecasts by End User industry 2018-2027 (USD Billion)
6.4. Industrial Laser System Market , Sub Segment Analysis
6.4.1. Cutting
6.4.2. Welding
6.4.3. Marking
6.4.4. Drilling
6.4.5. Other Applications
Chapter 7. Global Industrial Laser System Market, by application
7.1. Market Snapshot
7.2. Global Industrial Laser System Market by application, Performance - Potential Analysis
7.3. Global Industrial Laser System Market Estimates & Forecasts by application 2018-2027 (USD Billion)
7.4. Industrial Laser System Market , Sub Segment Analysis
7.4.1. Semiconductor and Electronics
7.4.2. Automotive
7.4.3. Aerospace and Defense
7.4.4. Medical
7.4.5. Other End-user Industries
Chapter 8. Global Industrial Laser System Market, Regional Analysis
8.1. Industrial Laser System Market , Regional Market Snapshot
8.2. North America Industrial Laser System Market
8.2.1. U.S. Industrial Laser System Market
8.2.1.1. Type of laser breakdown estimates & forecasts, 2018-2027
8.2.1.2. End user industry breakdown estimates & forecasts, 2018-2027
8.2.1.3. Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Industrial Laser System Market
8.3. Europe Industrial Laser System Market Snapshot
8.3.1. U.K. Industrial Laser System Market
8.3.2. Germany Industrial Laser System Market
8.3.3. France Industrial Laser System Market
8.3.4. Spain Industrial Laser System Market
8.3.5. Italy Industrial Laser System Market
8.3.6. Rest of Europe Industrial Laser System Market
8.4. Asia-Pacific Industrial Laser System Market Snapshot
8.4.1. China Industrial Laser System Market
8.4.2. India Industrial Laser System Market
8.4.3. Japan Industrial Laser System Market
8.4.4. Australia Industrial Laser System Market
8.4.5. South Korea Industrial Laser System Market
8.4.6. Rest of Asia Pacific Industrial Laser System Market
8.5. Latin America Industrial Laser System Market Snapshot
8.5.1. Brazil Industrial Laser System Market
8.5.2. Mexico Industrial Laser System Market
8.6. Rest of The World Industrial Laser System Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Han's Laser Technology Co., Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. JENOPTIK
9.2.3. II-VI Incorporated
9.2.4. TRUMPF GmbH + Co KG
9.2.5. IPG Photonics Corporation
9.2.6. Newport Corporation
9.2.7. nLIGHT, Inc.
9.2.8. ACSYS Lasertechnik US Inc.
9.2.9. Coherent, Inc.
9.2.10. Quantel Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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