Press release
Rising Automation Trends Boost Growth In Industrial Laser System Market Driver: Leading Transformation in the Industrial Laser System Market in 2025
What industry-specific factors are fueling the growth of the industrial laser system market?The escalating trend of automation in various industries is predicted to augment the expansion of the industrial laser system market in the future. In essence, automation is the application of numerous technologies to limit manual involvement in operations. The surge in automation has intensified the demand for highly precise industrial laser systems for diverse applications. These automated laser systems merge vision and motion technologies to achieve high quality and precise work. The mounting trend of industrial automation for enhanced productivity, greater efficiency, and accuracy results in increased usage of industrial laser systems. For example, in December 2023, as per Formstack, a software company based in the US, 76% of companies use automation to streamline their daily workflows - 58% use it for data automation and planning reports, while compliance with regulations is observed by 36% of companies. Hence, the burgeoning trend of automation in industries is set to propel the growth of the industrial laser system market.
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What Is the projected market size and growth rate for the industrial laser system market?
The rapid expansion of the industrial laser system market in recent years is significant. It is anticipated to increase from a worth of $25.39 billion in 2024 to approximately $28 billion in 2025, representing a compound annual growth rate (CAGR) of 10.3%. The expansion during the historical timeframe can be ascribed to factors such as an uptake in material processing applications, heightened manufacturing automation, advancements in medical and scientific applications, a surge in 3D printing, and the increase in military and defense applications.
The market size for industrial laser systems is predicted to experience swift expansion in the forthcoming years, reaching $42.23 billion in 2029, growing at a compound annual growth rate (CAGR) of 10.8%. This projected growth during the forecasted period stems from factors such as greater usage in electronics production, increased demand for laser cutting in the automotive sector, the burgeoning aerospace industry, a surge in manufacturing of medical devices, and improvements in high-power laser systems. Key trends likely to shape this period encompass integration with Industry 4.0, advancements in fiber laser technology, the advent of cutting-edge laser technology, the heightened use of fiber laser technology, and applications in laser cleaning.
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What new trends are reshaping the industrial laser system market and its opportunities?
Leading companies in the industrial laser systems market are pioneering advanced technologies such as femtosecond laser fiber inscription grating technology. This development allows for enhanced precision manufacturing and performance boost across multiple applications. It entails the usage of exceptionally short laser bursts to forge meticulous patterns and structures within optical fibers, thus amplifying their performance for applications like telecommunications and sensing. For instance, in August 2024, BWT Beijing Ltd., a manufacturer based out of China specializing in high-performance diode laser components and subsystems, introduced the Thunder 200kW ultra-high-power industrial-grade fiber laser. This industrial laser integrates cutting-edge technologies such as Circulating Tumor Cell (CTC) chip integration, femtosecond laser fiber inscription grating, and an ultra-high-power beam. These attributes aim to enhance the processing capabilities for ultra-thick metal plates, thereby enabling the shift and updating of conventional manufacturing procedures.
What major market segments define the scope and growth of the industrial laser system market?
The industrial laser system market covered in this report is segmented -
1) By Type of Laser: Fiber, Solid-State, CO2, Other Types
2) By Type: Macro Processing, Micro Processing
3) By Power: Less Than 1 kW, More Than 1.1 kW
4) By Application: Cutting, Welding, Marking, Drilling, Other Applications
5) By End Use Industry: Semiconductor And Electronics, Automotive, Aerospace And Defense, Medical, Other End-Use Industries
Subsegments:
1) By Fiber: Continuous Wave Fiber Lasers, Pulsed Fiber Lasers
2) By Solid-State: Nd Lasers, Other Solid-State Laser Types
3) By CO2: RF Excited CO2 Lasers, DC Excited CO2 Lasers
4) By Other Types: Diode Lasers, Excimer Lasers, YAG Lasers, Ultrafast Lasers
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Which region dominates the industrial laser system market?
North America was the largest region in the industrial laser system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial laser system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the industrial laser system industry growth?
Major companies operating in the industrial laser system market include Fanuc Corporation, The TRUMPF Group, Newport Corporation, COHERENT Inc., Amonics Ltd., Amada Co. Ltd., DMG Mori Co. Ltd., Han's Laser Technology Co. Ltd., IPG Photonics Corporation, NKT Photonics A/S, Bystronic Laser AG, Jenoptik AG, Sodic*k Co. Ltd., Mazak Corporation, Prima Industrie SpA, Trodat Trotec Holding GmbH, nLIGHT Inc, Universal Laser Systems, Epilog Laser Corporation, CY Laser SRL, ACSYS Lasertechnik Inc., Calmar Laser, Apollo Instruments Inc., Quantel Group, ROFIN-LASER GmbH, ALPHA LASER GmbH, Penta Laser Technology Co. Ltd., GSI Group
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What Is Covered In The Industrial Laser System Global Market Report?
•Market Size Forecast: Examine the industrial laser system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the industrial laser system market for a structured understanding.
•Key Players Overview: Analyze major players in the industrial laser system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial laser system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the industrial laser system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial laser system market.
•Industry Challenges: Identify potential risks and obstacles affecting the industrial laser system market.
•Competitive Landscape: Review strategic developments in the industrial laser system market, including expansions, agreements, and new product launches.
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