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. The report aims at estimating the size and future growth potential of the laser processing market across different segments such as type, application, vertical, and region. The base year considered for the study is 2015 and the market size has been projected from 2016 to 2022.
“With the rise in adoption of laser processing systems in the machine tools, microelectronics, medical, and automotive sectors, solid, gas, and liquid lasers are expected to play a key role in propelling the growth of the laser processing market in the next five years.”
Complete report of Laser Processing Market spread across 139 Pages, Profiling 10 Companies and Supported with 91 Tables and 47 Figures is now available at http://www.reportsnreports.com/reports/239026-global-laser-processing-market-2013-2018-by-technology-co2-yag-fiber-laser-process-engraving-marking-cutting-drilling-application-electronics-machining-auto-signage-material-machine-configuration-vertical-geography.html .
“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.
This research is useful for following target Audience
- Technology providers
- Laser processing system providers
- Research organizations and consulting companies
- Associations, organizations, and forums related to laser processing
- Venture capitalists and private equity firms
- Startup companies
“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.
Sample Copy of this Research is Available Now
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%
Click now for more Details, Quiries and Discount and Other Information on this study “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” research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=239026 .
The laser processing market presentshuge 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.)
On related note another research titled "Laser Technology Market” is expected to grow from USD 10.09 billion in 2015 to reach USD 14.67 billion by 2022, at a CAGR of 5.33% between 2016 and 2022 is available at http://www.reportsnreports.com/reports/183585-laser-technology-market-by-type-solid-yag-laser-fiber-laser-thin-disk-laser-liquid-gas-argon-ion-laser-excimer-co2-others-application-medical-industrial-military-research-consumer-others-and-geography-trends-forecast-to-2013-2020.html .
Explore more reports on Semiconductors at www.reportsnreports.com/market-research/semiconductor-and-electronics/
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