Global Laser Processing Industry

Global Laser Processing Industry

  • October 2019 •
  • 445 pages •
  • Report ID: 5798980 •
  • Format: PDF
Laser Processing market worldwide is projected to grow by US$6. 8 Billion, driven by a compounded growth of 7.6%. Solid, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$10.9 Billion by the year 2025, Solid will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$280.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$253.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Solid will reach a market size of US$1.1 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.3% over the next couple of years and add approximately US$2.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, ALLTEC GmbH - Foba; Coherent, Inc.; Epilog Laser, Inc.; Eurolaser GmbH; IPG Photonics Corporation; Jenoptik AG; Lumentum Holdings Inc.; Newport Corporation; ROFIN-SINAR Technologies, Inc.; TRUMPF GmbH + Co. KG