1. Laser Processing Market by Application (Cutting, Drilling,
Marking), Laser type (Gas, Solid, Fiber Laser), Machine
Configuration (Moving, Fixed beam), Vertical (Machine Tooling,
Automotive), Geography - Global Forecast to 2020
By
MarketsandMarkets
Published: Dec 2014
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2. Different laser technologies comprising gas, solid, and fiber are used for laser processing
techniques, which includes cutting, welding, drilling, marking, and engraving. The laser
processing market is expected to witness a high demand during the forecast period, owing to
the wide applications of laser technology. The value of the laser processing market is set to
grow at CAGR of 6.18%, from $ 11.24 billion in 2013 to $17.36 billion in 2020. In this report,
the segmentation for laser processing market has been done considering both the supply and
demand side of the market. Different segments such as laser technology type, applications,
and machine configuration define the supply side, whereas verticals define the demand side.
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Laser Processing Market
Global Forecast to 2020
3. In the supply side, technology based segmentation divides the market according to, the
various laser technologies such as gas lasers, solid state lasers, fiber lasers, and
semiconductor lasers. On the other hand, the machine configuration segment describes
how the above mentioned lasers are used. Three types of configurations; moving beam,
fixed beam, and hybrid, along with the mode of operation are covered in this report. The
applications include cutting, drilling, marking and engraving, micro-processing, and
advanced processing. The demand side of the laser processing market comprises
automotive, aerospace &defense, medical, and machine tooling industries. The market has
been segmented based on geography into North America, Europe, APAC, and ROW.
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Laser Processing Market
Global Forecast to 2020
4. Besides analyzing the global laser processing market segment-wise, the report includes the
profiles of major players along with their market positions, business strategies and various
recent developments. To provide a better understanding of the competition in this market,
it also includes Porter’s Five Forces model analysis, value chain analysis, strategic
benchmarking, and application and technology trend analysis. The study on the global laser
processing market has been conducted with an objective of providing a thorough coverage
of the underlying technological and economic issues pertaining to the laser processing
market. The report gives a detailed analysis of the prevalent market trends and company
profiles. Some of the major companies included in the report are TrumpfGroup (Germany),
Epilog Laser (U.S.), Coherent, Inc. (U.S.), Rofin-Sinar technologies (U.S.), Newport
Corporation (U.S.), Laser star technologies corporation (U.S.), and IPG Photonics
Corporation (U.S.).
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Laser Processing Market
Global Forecast to 2020
5. The report also provides details of the market trends affecting the overall market. This
includes market growth drivers such as demand in oil & gas, automotive, semiconductor
&electronics sector, need of advanced processing tools for micro-processing applications
along with, research& development activities in the field of new laser technologies.
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Laser Processing Market
Global Forecast to 2020
6. Key Takeaways:
•The market for laser processing is growing at a CAGR of 6.18%. The report analyzes the
market with a special focus on high growth application segments
•Key drivers, restraints, opportunities along with, Porter’s Five Forces and the value chain
analysis for the laser processing market
•Detailed competitive landscape of the key players with an in-depth market share analysis
along with, their individual revenues
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Laser Processing Market
Global Forecast to 2020
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Laser Processing Market
Global Forecast to 2020
