IMARC Group, a leading market research company, has recently releases report titled “Industrial Lasers Systems Market Repot by Type (Fiber Laser, Solid State Laser, CO2 Laser, and Others), Application (Cutting, Welding, Marking, Drilling, and Others), End Use Industry (Semiconductor and Electronics, Automotive, Aerospace and Defense, Medical, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the market.

How Big is the Industrial Lasers Systems Market?

The global industrial lasers systems market size reached US$ 21.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 40.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032.

Industry Overview of Industrial Lasers Systems

Industrial lasers systems are designed to generate a clear beam of light with regulated shape, size, and purity by using molecules or atoms and stimulated emission. They comprise a controller, filter, rotary device and galvanometer, gain medium, and energy source and mirrors to amplify the protons. They are widely available as fiber, diode, carbon dioxide (CO2), and solid-state lasers. Besides this, they assist in offering high reliability, improving accuracy, and maintaining workflow management. As a result, industrial lasers systems are widely utilized for cutting, brazing, engraving, welding, marking, and drilling purposes across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/industrial-lasers-systems-market/requestsample

What are the growth prospects and trends in the industrial lasers systems industry?

At present, the rising demand for automation due to high efficiency and enhanced productivity represents one of the primary factors strengthening the market growth. Besides this, the growing adoption of industrial lasers systems on account of the increasing demand for precision in manufacturing is offering a positive market outlook.

Apart from this, the rising utilization of industrial lasers systems in the automotive industry to manufacture electric vehicles (EVs) worldwide is propelling the market growth. Moreover, the increasing demand for miniaturization in electronic components is bolstering the growth of the market.

Furthermore, the rising employment of industrial lasers systems in three-dimensional (3D) printing of products with enhanced customization and reduced wastage is contributing to the growth of the market.

Leading Companies Operating in the Global Industrial Lasers Systems Industry:

  • 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
  • TRUMPF

Industrial Lasers Systems Market Report Segmentation:

The report has segmented the market into the following categories:

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

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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