The global laser processing market size is expected to reach USD 9.79 Billion in 2032 and register a revenue CAGR of 7.8% during the forecast period, according to the latest analysis by Emergen Research. Steady market revenue growth can be attributed to technological advancements in medical sector. Lasers are now frequently employed in a variety of medicinal applications. Surgery, ophthalmology, dermatology, angioplasty, cancer therapy, urology, and aesthetic applications such as laser hair removal, tattoo removal, and liposuction are examples of these. When laser radiation strikes human tissues, several phenomena such as reflection, transmission, scattering, re-emission, and absorption can occur. The absorption phenomenon is the most crucial. Oxyhemoglobin (in blood), the oxygen-transporting protein in the blood, absorption of Ultraviolet (UV), and blue and green light are principal laser-absorbing components in tissues. Excimer, argon, Potassium-Titanyl-Phosphate (KTP), Dye, and Ruby lasers for selective absorption, and Melanin, a pigment in skin, hair, and moles, absorption in visible and near Infrared (IR) light (400nm - 1000nm). Diode and Neodymium-Doped Yttrium Aluminum Garnet (Nd: YAG) lasers are examples of selective melanin absorption lasers.
The report is formulated with the updated and latest information of the global Laser Processing market further validated and verified by the industry experts and professionals. The Global Laser Processing Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Laser Processing market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
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Competitive Terrain:
The global Laser Processing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Coherent, Trumpf, Han’s Laser, IPG Photonics, Jenoptik, Lumentum, Gravotech, Laserstar, Lumibird, Epilog Laser
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Laser Processing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Laser Processing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Laser Processing market.
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Market Segmentations of the Laser Processing Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Laser Processing market on the basis of product, application, and region:
Segments Covered in this report are:
-
Laser Type Outlook (Revenue, USD Billion; 2019–2032)
- Solid Lasers
- Fiber Lasers
- Ruby Lasers
- Yttrium Aluminum Garnet (YAG) Lasers
- Semiconductor Lasers
- Thin-Disk Lasers
- Liquid Lasers
- X-Ray Lasers
- Dye Lasers
- Gas Lasers
- Co2 Lasers
- Excimer/Diode Lasers
- HE-NE Lasers
- Argon Lasers
- Chemical Lasers
- Others
- Solid Lasers
-
Revenue Outlook (Revenue, USD Billion; 2019–2032)
- System Revenue
- Laser Revenue
-
Configuration Outlook (Revenue, USD Billion; 2019–2032)
- Laser Processing
- Fixed Beam
- Moving Beam
- Hybrid
- Laser Cutting and Engraving
- Raster Mode
- Vector Mode
- Laser Processing
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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