Press release
Future Perspectives: Key Trends Shaping the Lasers Market up to 2030
The lasers market is on course for significant expansion over the coming years, driven by advances in technology and increasing applications across various industries. As the demand for precision tools and smart manufacturing solutions grows, lasers are becoming indispensable in sectors like electronics, healthcare, defense, and telecommunications. Let's explore the current outlook, key players, emerging trends, and market segments shaping this dynamic field.Projected Growth and Market Size of the Lasers Industry
The lasers market is anticipated to experience robust growth through 2030, reaching a valuation of $16.05 billion with a compound annual growth rate (CAGR) of 5.3%. This expansion is largely fueled by the rising adoption of ultrafast and excimer lasers and their growing use in semiconductor and electronics manufacturing. Additionally, the defense and aerospace sectors are increasingly integrating laser technology, while healthcare is seeing a surge in surgical laser applications. Another critical growth driver is the integration of artificial intelligence (AI) and the Internet of Things (IoT), which enable smarter laser operations. Key trends expected to influence the market include a focus on high precision laser applications, ongoing miniaturization of laser systems, advanced laser material processing techniques, automation in production lines, and expanding use of lasers in medical research and treatments.
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Prominent Companies Leading the Lasers Market
The lasers industry features a number of influential companies shaping its trajectory. These include Trumpf GmbH Co. KG, Coherent Corporation, Han's Laser Technology Industry Group Co. Ltd., Lumentum Operations LLC, IPG Photonics Corporation, Jenoptik AG, Rofin-Sinar Technologies Inc., Wuhan Raycus Fiber Laser Technologies Co. Ltd., Aurea Technologies LLC, LVD Company N.V., Alma Lasers Ltd., nLIGHT Inc., TOPTICA Photonics AG, Prima Power, Maxphotonics Co. Ltd., Trotec Laser GmbH, Bystronic Laser AG, Universal Laser Systems Inc., EKSPLA UAB, Telesis Technologies Inc., Oxford Lasers Ltd., Eurolaser GmbH, Laserline GmbH, Amada Miyachi America Inc., and Laser N.V.
Strategic Acquisition Enhancing Semiconductor Laser Technology
In January 2025, Sumitomo Heavy Industries Ltd., a Japanese company specializing in industrial machinery, acquired Laser Systems and Solutions of Europe SASU for an undisclosed amount. This acquisition is part of Sumitomo's strategy to strengthen its global position in semiconductor manufacturing by incorporating advanced laser annealing technologies into its product lineup. Laser Systems & Solutions of Europe SASU, based in France, is recognized for its cutting-edge laser annealing equipment crucial to semiconductor fabrication processes.
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Emerging Innovations Shaping the Lasers Market
Laser manufacturers are focusing heavily on innovation, particularly in high-speed CO2 and fiber laser marking technologies. These advanced laser systems offer rapid, precise marking, engraving, and coding capabilities without direct contact, ensuring permanent, high-resolution identification on a wide variety of materials such as plastics, metals, glass, and packaging substrates. Such technologies are instrumental in improving throughput and traceability in automated manufacturing environments. For example, in June 2023, Videojet Technologies Inc., a US-based industrial laser solutions provider, introduced the Videojet 3350 and 3350 Smart Focus CO2 laser marking systems. These models deliver marking speeds of up to 2,000 characters per second, enhanced accuracy for variable data printing, and smart focus features that maintain consistent quality even in high-volume production settings. These innovations benefit industries including packaging, automotive, and electronics by reducing cycle times and improving code legibility under various conditions.
Core Segments Driving the Lasers Market Expansion
This report segments the lasers market in several key ways:
1) Laser Type - including Fiber Lasers, Diode Lasers, Carbon Dioxide Lasers, Solid-State Lasers, Excimer Lasers, Ultraviolet Lasers, and other varieties.
2) Output Power - categorized into High Power, Medium Power, and Low Power lasers.
3) Application - spanning Manufacturing, Medical, Telecommunications, Defense, and Research sectors.
4) End Use - covering Industrial, Healthcare, Consumer Electronics, Aerospace, and Education fields.
Subdivisions within these categories include:
- Fiber Lasers such as Single Mode, Multi Mode, Continuous Wave, and Pulsed Fiber Lasers.
- Diode Lasers including Edge Emitting, Surface Emitting, High Power, and Low Power variants.
- Carbon Dioxide Lasers divided into Sealed, Flowing Gas, Fast Axial Flow, and Slow Axial Flow types.
- Solid-State Lasers with options like Neodymium Doped, Ytterbium Doped, Erbium Doped, and Titanium Sapphire Lasers.
- Excimer Lasers in Argon Fluoride, Krypton Fluoride, Xenon Chloride, and Xenon Fluoride forms.
- Ultraviolet Lasers encompassing Solid State, Gas Based, Diode Pumped, and Frequency Converted lasers.
- Other Laser Types, such as Dye Lasers, Quantum Cascade Lasers, Terahertz Lasers, and Free Electron Lasers.
These detailed segments highlight the diversity and specialization within the lasers market, catering to a broad range of applications and industries worldwide.
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