Press release
Laser Processing Market Projected to Reach $8.36 Billion by 2030, Growing at a 7.76% CAGR
Laser Processing Market
The global laser processing market is poised for significant growth, driven by advancements in technology, increasing demand across industries, and rising applications in manufacturing. The market, valued at USD X billion in 2023, is projected to reach USD Y billion by 2030, growing at a robust CAGR of Z% during the forecast period (2024-2030). This press release explores growth opportunities, trends, and key developments across countries like Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/8092/
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐
Vietnam's burgeoning manufacturing sector has made it a hotspot for laser processing technology. With significant investments in electronics and automotive production, the country has witnessed increased adoption of laser cutting and engraving solutions. Companies like TRUMPF GmbH and IPG Photonics are making inroads in Vietnam through strategic partnerships and collaborations.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In 2024, Coherent Corp. partnered with a local firm to establish a state-of-the-art laser technology center in Ho Chi Minh City.
Government incentives under Vietnam's industrial development policies have further encouraged foreign direct investments in laser processing.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ ๐๐๐๐ญ๐จ๐ซ
Thailand's thriving electronics industry presents lucrative opportunities for laser processing applications. The government's "Thailand 4.0" initiative has also propelled technological advancements in manufacturing.
Recent Developments:
Amada Co., Ltd. launched a new range of fiber laser machines targeting Thai manufacturers in 2024.
Major merger: Han's Laser Technology acquired a local precision tools company to expand its foothold in Thailand.
๐๐๐ฉ๐๐ง: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
Japan continues to lead in innovation, with laser processing playing a pivotal role in advanced manufacturing. The country's expertise in robotics and automation has driven the adoption of high-precision laser technologies.
Recent Developments:
In 2025, Mitsubishi Electric introduced a cutting-edge laser processing machine integrated with AI for predictive maintenance.
Collaborative research initiatives between FANUC and leading universities are advancing laser processing capabilities.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/8092/
๐๐ก๐ข๐ง๐: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
China remains the largest market for laser processing, with rapid industrialization and strong demand from automotive and electronics sectors.
Recent Developments:
IPG Photonics announced a $100 million investment to expand its manufacturing facility in Wuhan.
The merger of Raycus Laser with Huaray Precision Instruments created a dominant player in China's laser processing industry.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ
South Korea's dominance in semiconductor and display manufacturing has led to high adoption of laser processing solutions.
Recent Developments:
LG Electronics adopted ultra-fast laser systems for next-gen OLED displays in 2024.
Samsung Electronics signed an MoU with TRUMPF GmbH to enhance precision in semiconductor fabrication.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐ง๐ ๐ข๐ง๐๐๐ซ๐ข๐ง๐
Singapore's focus on precision engineering has bolstered its demand for advanced laser processing technologies.
Recent Developments:
Coherent Corp. opened its Asia-Pacific headquarters in Singapore, emphasizing R&D and customer support.
Government initiatives under "Smart Nation" are driving investments in laser-based automation systems.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/8092/
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐ฌ๐
The US is a significant player in laser processing, with strong demand from aerospace, defense, and healthcare sectors.
Recent Developments:
Northrop Grumman integrated laser technology in defense applications, boosting precision and efficiency.
Coherent Corp. secured a $200 million contract with a leading automotive company for laser welding systems.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐
Europe's automotive industry is at the forefront of adopting laser processing technologies for lightweight construction and enhanced precision.
Recent Developments:
TRUMPF GmbH expanded its production capabilities in Germany to meet increasing demand for 3D laser cutting.
The EU's green manufacturing initiatives have accelerated the adoption of energy-efficient laser systems.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-laser-processing-market/8092/
๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐๐ฌ
Liquid laser
Gas laser
Solid laser
Other lasers
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Welding
Drilling
Marking & engraving
Cutting
Micro processing
Advanced Pprocessing
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ
Automotive
Aerospace & defense
Architecture
Microelectronics
Medical & life sciences
Machine tools
Others
๐๐๐ฌ๐๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1.LaserStar Technologies Corp.
2.Eurolaser GmbH
3.IPG Photonics Corp.
4.Universal Laser Systems Inc.
5.Prima Industrie S.p.A.
6.Bystronic Laser AG
7.Rofin-Sinar Technologies Inc.
8.Jenoptik Laser GmbH
9.Amada Co. Ltd.
10.Trumpf GmbH + Co. KG
11.Epilog Laser Inc.
12.Han's Laser Technology Co. Ltd
13.Coherent Inc.
14.Newport Corp.
15.ALLTEC GmbH
16.Lumentum
17.Gravotech
18.Newport Corporation
19.Rofin-Sinar Technologies Inc.
20.Manz AG
21.Automation Tooling Systems Inc
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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