Laser Processing Market by Type (Solid, Liquid, Gas, & Others), Application (Cutting, Welding, Drilling, Marking & Engraving, & Others), Vertical (Machine Tools, Microelectronics, Medical, Automotive, & Others) & Geography - Global Forecasts to 2022

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Date: 08-Mar-2016
No. of pages: 190
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“Diversified application are as expected to drive the laser processing market”

The laser processing market is estimated to grow from USD 6.40 billion in 2015 to USD 9.75 billion by 2022, at a CAGR of 6.13% from 2016 to 2022. This growth can be attributed to use of lasers in cutting, drilling, welding, and engraving for automobiles, mobile and other electronic devices, disk lasers, laser doping of solar cells and many other application areas.

“Solid lasers to gain maximum traction during the forecast period”

Solid lasers are expected to account for the largest share of the overall laser processing market during the forecast period. In addition, due to the increase in the demand for lasers from machine tools, microelectronics, and medical verticals, the laser processing market is expected to gain traction in the next six years. The laser processing technology market for defense, architecture, and automotive sectors is also expected to witness growth during the forecast period.

“APAC expected to be the fastest-growing market”

The laser processing market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The rapid adoption of laser systems in machine tools, microelectronics, and automotive sectors in this region and increase in the usage of solid, liquid, and gas lasers mainly CO2, fiber, excimer, YAG, and semiconductor are contributing to the growth of the laser processing market in APAC.

As part of the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people in the market. The break-up of profiles of primary participants is given below.

By Company Type: Tier 1%–45%, Tier 2%–35% and Tier 3%–20%

By Designation: C-level – 50%, Director level – 35%, Others – 15%

By Region: North America – 45%, Europe – 20%, APAC – 30%, RoW – 5%

The laser processing market presents  huge opportunities to flourish in the next five years due to the increasing demand for high-quality and genuine products.

Some of the key players in the laser processing market profiled in this report are:


  • Coherent, Inc. (U.S.)

  • IPG Photonics Corporation (U.S.)

  • ROFIN-SINAR Technologies Inc. (U.S.)

  • Trumpf Group (Germany)

  • Newport Corporation (U.S.)

  • Jenoptik AG (Germany)

  • Eurolaser GmbH (Germany)

  • Epilog Laser (U.S.)

  • Alltec GmbH (Germany)

  • Lumentum Holdings Inc. (U.S.)


The report will help leaders/new entrants in this market in the following ways:


  • This report segments the laser processing market comprehensively and provides the closest approximations of the revenue numbers for the overall market and subsegments across different applications and regions.

  • The report would help stakeholders to understand the pulse of the market and provides them with the information on key market drivers, restraints, challenges, and opportunities.

  • This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

Laser Processing Market by Type (Solid, Liquid, Gas, & Others), Application (Cutting, Welding, Drilling, Marking & Engraving, & Others), Vertical (Machine Tools, Microelectronics, Medical, Automotive, & Others) & Geography - Global Forecasts to 2022

Table of Contents

1 Introduction
1.1 Objectives Of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Year Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Laser Processing Market
4.2 Laser Processing Market, By Vertical
4.3 Laser Processing Market, By Application
4.4 Laser Processing Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Laser-Based Material Processing Preferred Over Traditional Approach
5.3.1.2 Increasing Demand for High Quality and Genuine End-Products
5.3.1.3 Demand for Miniaturization Of Microelectronic Devices
5.3.1.4 Technological Advancements in the Medical Sector
5.3.2 Restraints
5.3.2.1 High Cost and Lack Of Technical Expertise
5.3.3 Opportunities
5.3.3.1 Growing Application Areas
5.3.4 Challenges
5.3.4.1 Technical Complexities in High-Power Lasers
5.3.4.2 Environmental Concern Over the Use Of Rare Earth Elements

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Key Influencers
6.3 Porter’s Five Forces Model
6.3.1 Threat Of New Entrants
6.3.2 Threat Of Substitutes
6.3.3 Bargaining Power Of Suppliers
6.3.4 Bargaining Power Of Buyers
6.3.5 Intensity Of Competitive Rivalry

7 Laser Processing Market, By Type
7.1 Introduction
7.2 Gas Lasers
7.2.1 CO2 Laser
7.2.2 Excimer Lasers
7.2.3 Argon Lasers
7.2.4 Chemical
7.2.5 He–Ne
7.3 Solid Laser
7.3.1 Yttrium Aluminium Garnet (YAG) Laser
7.3.2 Semiconductor Laser
7.3.3 Thin Disk Laser
7.3.4 Ruby Laser
7.3.5 Fiber Laser
7.4 Liquid Laser
7.4.1 X-Ray
7.4.2 Dye
7.5 Others

8 Laser Processing Market, By Machine Configuration
8.1 Introduction
8.2 Types Of Configuration for Laser Processing
8.2.1 Fixed Beam
8.2.2 Moving Beam
8.2.3 Hybrid
8.3 Type Of Configuration for Laser Cutting and Engraving
8.3.1 Raster Mode
8.3.2 Vector Mode

9 Laser Processing Market, By Application
9.1 Introduction
9.2 Macro-Processing, By Dimension
9.2.1 2d Or Flat Panel Cutting, Drilling, and Welding
9.2.2 3d Cutting, Drilling, and Welding
9.3 Macro Processing, By Type
9.3.1 Cutting
9.3.1.1 Fusion Cutting
9.3.1.2 Flame Cutting
9.3.1.3 Sublimation Cutting
9.3.2 Drilling
9.3.2.1 Single Pulse Drilling
9.3.2.2 Percussion Drilling
9.3.2.3 Trepanning Drilling
9.3.2.4 Helical Drilling
9.3.3 Welding
9.3.4 Marking & Engraving
9.3.4.1 Direct Laser Engraving
9.3.4.2 Direct Photopolymer Laser Imaging
9.3.4.3 Sub-Surface Laser Engraving
9.4 Microprocessing
9.5 Advanced Processing
9.6 Others

10 Laser Processing Market, By Vertical
10.1 Introduction
10.2 Microelectronics
10.2.1 Flat Panel Display (FPD)
10.2.2 Advanced Packaging and Interconnects
10.2.3 Semiconductor Manufacturing
10.2.4 Micromachining
10.3 Aerospace and Defense
10.3.1 Laser Defense System Technology
10.3.2 Laser Radar (Lidar)
10.4 Medical & Life Sciences
10.4.1 Laser Vision Correction
10.4.2 Confocal Microscopy
10.4.3 Optogenetics
10.4.4 Others
10.5 Automotive
10.6 Architecture
10.7 Machine Tools
10.8 Others
10.8.1 Glass
10.8.2 Wood
10.8.3 Plastic
10.8.4 Tobacco

11 Laser Processing Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K.
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 South Korea
11.4.4 India
11.4.5 Rest Of APAC
11.5 Rest Of the World

12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis: Laser Processing Systems
12.3 Competitive Situation
12.3.1 New Product Launches
12.3.2 Acquisition
12.3.3 Agreement & Expansion

13 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Coherent, Inc.
13.3 Trumpf Group
13.4 IPG Photonics Corporation
13.5 Rofin-Sinar Technologies Inc.
13.6 Newport Corporation
13.7 Jenoptik AG
13.8 Lumentum Holdings Inc.
13.9 Epilog Laser
13.10 Eurolaser GmbH
13.11 Alltec GmbH

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case Of Unlisted Companies.

14 Appendix
14.1 Insights Of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports

List of Tables

Table 1 Driver Analysis
Table 2 Restraints Analysis
Table 3 Opportunity Analysis
Table 4 Challenge Analysis
Table 5 List Of Companies Cosidered in the Study Of Laser Processing
Table 6 Laser Processing Market Size, By Type, 2013–2022 (USD Million)
Table 7 Laser Processing Market Size, By Gas Laser, 2013–2022 (USD Million)
Table 8 Laser Processing Market Size for Gas Lasers, By Application, 2013–2022 (USD Million)
Table 9 Laser Processing Market Size for CO2 Lasers, By Application, 2013–2022 (USD Million)
Table 10 Laser Processing Market Size for Excimer Lasers, By Application, 2013–2022 (USD Million)
Table 11 Laser Processing Market Size for He–Ne Lasers, By Application, 2013–2022 (USD Million)
Table 12 Laser Processing Market Size for Argon Lasers, By Application, 2013–2022 (USD Million)
Table 13 Laser Processing Market Size, By Solid Laser, 2013–2022 (USD Million)
Table 14 Laser Processing Market Size for Solid Lasers, By Application, 2013–2022 (USD Million)
Table 15 Laser Processing Market Size for Fiber Lasers, By Application, 2013–2022 (USD Million)
Table 16 Laser Processing Market Size for YAG Lasers, By Application, 2013–2022 (USD Million)
Table 17 Laser Processing Market Size for Thin Disk Lasers, By Application, 2013–2022 (USD Million)
Table 18 Laser Processing Market Size for Semiconductor Lasers, By Application, 2013–2022 (USD Million)
Table 19 Laser Processing Market Size, By Liquid Laser, 2013–2022 (USD Million)
Table 20 Laser Processing Market Size for Liquid Lasers, By Application, 2013–2022 (USD Million)
Table 21 Laser Processing Market Size for Dye Lasers, By Application, 2013–2022 (USD Million)
Table 22 Laser Processing Market Size for X-Ray Lasers, By Application, 2013–2022 (USD Million)
Table 23 Laser Processing Market Size, By Machine Configuration, 2015–2022 (USD Million)
Table 24 Comparison Of Different Laser Processing Configurations
Table 25 End Result Comparison for Raster and Vector Modes
Table 26 Laser Processing Market Size, By Application, 2013–2022 (USD Million)
Table 27 Laser Processing Cutting Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 28 Laser Processing Drilling Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 29 Laser Processing Welding Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 30 Laser Processing Marking & Engraving Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 31 Laser Processing Microprocessing Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 32 Laser Processing Advanced Processing Application Market Size, By Vertical, 2013–2022 (USD Million)
Table 33 Laser Processing Vertical Market Size, 2013–2022 (USD Million)
Table 34 Microelectronics Market Size, By Application, 2013–2022 (USD Million)
Table 35 Microelectronics Market Size, By Geography, 2013–2022 (USD Million)
Table 36 Aerospace & Defense Market Size, By Application, 2013–2022 (USD Million)
Table 37 Aerospace & Defense Market Size, By Region, 2013–2022 (USD Million)
Table 38 Medical & Life Sciences Market Size, By Application, 2013–2022 (USD Million)
Table 39 Medical & Life Sciences Market Size, By Geography, 2013–2022 (USD Million)
Table 40 Automotive Market Size, By Application, 2013–2022 (USD Million)
Table 41 Automotive Market Size, By Region, 2013–2022 (USD Million)
Table 42 Architecture Market Size, By Application, 2013–2022 (USD Million)
Table 43 Architecture Market Size, By Region, 2013–2022 (USD Million)
Table 44 Machine Tools Market Size, By Application, 2013–2022 (USD Million)
Table 45 Machine Tools Market Size, By Region, 2013–2022 (USD Million)
Table 46 Laser Processing Market Size, By Region, 2013–2022 (USD Million)
Table 47 Market Size in North America , By Laser Type, 2013–2022 (USD Million)
Table 48 Laser Processing Market Size in North America, By Vertical, 2013–2022 (USD Million)
Table 49 Laser Processing Market Size in North America, By Country, 2013–2022 (USD Million)
Table 50 Laser Processing Market Size in the U.S., By Vertical, 2013–2022 (USD Million)
Table 51 Laser Processing Market Size in Canada, By Vertical, 2013–2022 (USD Million)
Table 52 Laser Processing Market Size in Mexico, By Vertical, 2013–2022 (USD Million)
Table 53 Laser Processing Market Size in Europe, By Laser Type, 2013–2022 (USD Million)
Table 54 Laser Processing Market Size in Europe, By Vertical, 2013–2022 (USD Million)
Table 55 Laser Processing Market Size in Europe, By Country, 2013–2022 (USD Million)
Table 56 Laser Processing Market Size in U.K., By Vertical, 2013–2022 (USD Million)
Table 57 Laser Processing Market Size in Germany, By Vertical, 2013–2022 (USD Million)
Table 58 Laser Processing Market Size in France, By Vertical, 2013–2022 (USD Million)
Table 59 Laser Processing Market Size in Italy, By Vertical, 2013–2022 (USD Million)
Table 60 Laser Processing Market Size in APAC, By Laser Type, 2013–2022 (USD Million)
Table 61 Laser Processing Market Size in APAC, By Vertical, 2013–2022 (USD Million)
Table 62 Laser Processing Market Size in APAC, By Country, 2013–2022 (USD Million)
Table 63 Laser Processing Market Size in China, By Vertical, 2013–2022 (USD Million)
Table 64 Laser Processing Market Size in Japan, By Vertical, 2013–2022 (USD Million)
Table 65 Laser Processing Market Size in South Korea, By Vertical, 2013–2022 (USD Million)
Table 66 Laser Processing Market Size in India, By Vertical, 2013–2022 (USD Million)
Table 67 Laser Processing Market Size in Rest Of APAC, By Vertical, 2013–2022 (USD Million)
Table 68 Laser Processing Market Size in RoW, By Vertical, 2013–2022 (USD Million)
Table 69 Laser Processing Market Size in RoW, By Country, 2013–2022 (USD Million)
Table 70 New Product Launches, 2012–2015
Table 71 Acquisition, 2012–2015
Table 72 Agreement & Expansion, 2012–2015

List of Figures

Figure 1 Market Scope
Figure 2 Years Considered in the Report
Figure 3 Global Laser Processing Market: Research Design
Figure 4 Laser Processing Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Laser Processing Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Solid Lasers Expected to Lead the Laser Processing Market During the Forecast Period
Figure 8 Snapshot Of Laser Processing Market, By Vertical (2015–2020): Market for the Architecture Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 North America Accounted for the Largest Share Of the Laser Processing Market in 2015
Figure 10 Laser Processing Market Expected to Exhibit High Growth During the Forecast Period
Figure 11 Architecture Segment Expected to Witness Highest Growth During the Forecast Period
Figure 12 Cutting Application to Hold the Largest Share Of the Global Laser Processing Market in 2016
Figure 13 Growth in APAC Expected to Be Driven By Emerging Market Such as China and India
Figure 14 Laser Processing Market: Segmentation
Figure 15 Factors Affecting the Laser Processing Market
Figure 16 Value Chain Analysis: Major Value Addition is Done During the Development Phase
Figure 17 Porter’s Five Forces Analysis
Figure 18 Porters Analysis: Laser Processing
Figure 19 Medium Threat Of New Entrants
Figure 20 Medium Threat Of Substitutes
Figure 21 Medium Bargaining Power Of Suppliers
Figure 22 High Bargaining Power Of Buyers
Figure 23 High Intensity Of Competitive Rivalry
Figure 24 Laser Processing Market Segmentation
Figure 25 Gas Lasers Expected to Lead the Laser Processing Market During the Forecast Period
Figure 26 Gas Laser Segmentation
Figure 27 CO2 Gas Lasers Market Led By the Cutting Application in 2015
Figure 28 Solid Laser Segmentation
Figure 29 Fiber Lasers Had the Largest Market in 2015
Figure 30 Fiber Lasers to Exhibit Highest Growth in the Marking and Engraving Application During the Forecast Period
Figure 31 Cutting Application Held the Largest Market for Thin Disk Lasers in 2015
Figure 32 Liquid Laser Segmentation
Figure 33 Dye Lasers to Lead the Laser Processing Market During the Forecast Period
Figure 34 Welding Application Led the Market for Liquid Lasers in 2015
Figure 35 Laser Processing Market Segmentation
Figure 36 Laser Processing Market Segmentation, By Machine Configuration
Figure 37 Laser Processing Market Segmentation, By Machine Configuration
Figure 38 Cutting Application Led the Global Laser Processing Market in 2015
Figure 39 Laser Processing Market Segmentation
Figure 40 Laser Drilling Types
Figure 41 Machine Tools Vertical Led the Laser Processing Market for the Drilling Application in 2015
Figure 42 Marking and Engraving Types
Figure 43 Marking & Engraving Application to Witness the Highest Growth in the Medical & Life Sciences Vertical During the Forecast Period
Figure 44 Laser Processing Market Segmentation, By Vertical
Figure 45 Application in Architecture to Witness Highest Growth During the Forecast Period
Figure 46 Mircoelectronics Market Segmentation
Figure 47 Aerospace and Defense Market Segmentation
Figure 48 Drilling Application Likely to Exhibit Highest Growth
Figure 49 Medical & Life Sciences Market Segmentation
Figure 50 Marking & Engraving Application Held the Largest Market Share in 2015
Figure 51 Microprocessing Application to Exhibit Highest CAGR During the Forecast Period
Figure 52 Geographic Snapshot (2015): Rapidly Growing Markets Such as China and Japan Are Emerging as the New Hotspots
Figure 53 APAC Expected to Be the Fastest-Growing Market for Laser Processing
Figure 54 North American Laser Processing Market Snapshot: Machine Tools and Microelectronics Verticals Led the Laser Processing Market in 2015
Figure 55 Europe Market Snapshot: Mechine Tools Vertical Expected to Drive the Laser Processing Market During the Forecast Period
Figure 56 Market Snapshot Of APAC: Machine Tools Segment Expected to Drive the Laser Processing Market During the Forecast Period
Figure 57 Companies Adopted New Product Launches & Acquisition as Key Growth Strategies (2012–2015)
Figure 58 Laser Processing Market: Market Share Analysis
Figure 59 Market Evolution Framework: Significant New Product Developments Fueled Growth and Innovation From 2012 to 2015
Figure 60 Battle for Market Share: New Product Launches Was the Key Strategy Adopted From 2014 to 2015
Figure 61 Geographic Revenue Mix Of Top Five Players
Figure 62 Coherent, Inc.: Company Snapshot
Figure 63 Coherent, Inc.: SWOT Analysis
Figure 64 Trumpf Group: Company Snapshot
Figure 65 Trumpf Group: SWOT Analysis
Figure 66 IPG Photonics Corporation: Company Snapshot
Figure 67 IPG Photonics Corporation: SWOT Analysis
Figure 68 Rofin-Sinar Technologies Inc.: Company Snapshot
Figure 69 Rofin-Sinar Technologies Inc.: SWOT Analysis
Figure 70 Newport Corporation: Company Snapshot
Figure 71 Newport Corporation: SWOT Analysis
Figure 72 Jenoptik AG: Company Snapshot
Figure 73 Lumentum: Company Snapshot
Figure 74 Marketsandmarkets Knowledge Store Snapshot
Figure 75 Marketsandmarkets Knowledge Store: Semiconductor & Electronics Industry Snapshot

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