Summary

Global Laser Processing Market 2022-2026
Technavio has been monitoring the laser processing market and it is poised to grow by $ 2.45 bn during 2022-2026, progressing at a CAGR of 8.41% during the forecast period. Our report on the laser processing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing benefits of laser welding over conventional welding and growing investment in the aerospace and defense industry. In addition, growing benefits of laser welding over conventional welding is anticipated to boost the growth of the market as well.
The laser processing market analysis includes the type segment and geographic landscape.
Technavio's laser processing market is segmented as below:
By Type
• Gas
• Solid-state
• Others
By Geographical Landscape
• North America
• Europe
• APAC
• MEA
• South America
This study identifies the growing adoption of solid state laser processingas one of the prime reasons driving the laser processing market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on laser processing market covers the following areas:
• Laser processing market sizing
• Laser processing market forecast
• Laser processing market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laser processing market vendors that include Coherent Inc., Jenoptik AG, Epilog Corp., Gravotech Engineering Pvt Ltd, LUMIBIRD, Hans Laser TechnoloLumentum Holdings Inc., gy Industry Group Co. Ltd., IPG Photonics Corp., Laserstar Technologies Corp., and TRUMPF GmbH + Co. KG. Also, the laser processing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/laser-processing-market-industry-analysis
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

• Executive Summary
o Market Overview
• Market Landscape
o Market ecosystem
o Value chain analysis
• Market Sizing
o Market definition
o Market segment analysis
o Market size 2021
o Market outlook: Forecast for 2021 - 2026
• Five Forces Analysis
o Bargaining power of buyers
o Bargaining power of suppliers
o Threat of new entrants
o Threat of substitutes
o Threat of rivalry
o Market condition
• Market Segmentation by Type
o Market segments
o Comparison by Type
o Gas - Market size and forecast 2021-2026
o Solid-state - Market size and forecast 2021-2026
o Others - Market size and forecast 2021-2026
o Market opportunity by Type
• Customer landscape
• Geographic Landscape
o Geographic segmentation
o Geographic comparison
o North America - Market size and forecast 2021-2026
o Europe - Market size and forecast 2021-2026
o APAC - Market size and forecast 2021-2026
o MEA - Market size and forecast 2021-2026
o South America - Market size and forecast 2021-2026
o Key leading countries
o Market opportunity By Geographical Landscape
o Market drivers
o Market challenges
o Market trends
• Vendor Landscape
o Vendor landscape
o Landscape disruption
• Vendor Analysis
o Vendors covered
o Market positioning of vendors
o Coherent Inc.
o Epilog Corp.
o Gravotech Engineering Pvt Ltd
o Hans Laser Technology Industry Group Co. Ltd.
o IPG Photonics Corp.
o Jenoptik AG
o Laserstar Technologies Corp.
o Lumentum Holdings Inc.
o LUMIBIRD
o TRUMPF GmbH + Co. KG
• Appendix
o Scope of the report
o Currency conversion rates for US$
o Research methodology
o List of abbreviations

Exhibits
• 1: Key Finding 1
• 2: Key Finding 2
• 3: Key Finding 3
• 4: Key Finding 5
• 5: Key Finding 6
• 6: Key Finding 7
• 7: Key Finding 8
• 8: Parent market
• 9: Market characteristics
• 10: Offerings of vendors included in the market definition
• 11: Market segments
• 12: Global - Market size and forecast 2021 - 2026 ($ million)
• 13: Global market: Year-over-year growth 2021 - 2026 (%)
• 14: Five forces analysis 2021 & 2026
• 15: Bargaining power of buyers
• 16: Bargaining power of suppliers
• 17: Threat of new entrants
• 18: Threat of substitutes
• 19: Threat of rivalry
• 20: Market condition - Five forces 2021
• 21: Type - Market share 2021-2026 (%)
• 22: Comparison by Type
• 23: Gas - Market size and forecast 2021-2026 ($ million)
• 24: Gas - Year-over-year growth 2021-2026 (%)
• 25: Solid-state - Market size and forecast 2021-2026 ($ million)
• 26: Solid-state - Year-over-year growth 2021-2026 (%)
• 27: Others - Market size and forecast 2021-2026 ($ million)
• 28: Others - Year-over-year growth 2021-2026 (%)
• 29: Market opportunity by Type
• 30: Customer landscape
• 31: Market share By Geographical Landscape 2021-2026 (%)
• 32: Geographic comparison
• 33: North America - Market size and forecast 2021-2026 ($ million)
• 34: North America - Year-over-year growth 2021-2026 (%)
• 35: Europe - Market size and forecast 2021-2026 ($ million)
• 36: Europe - Year-over-year growth 2021-2026 (%)
• 37: APAC - Market size and forecast 2021-2026 ($ million)
• 38: APAC - Year-over-year growth 2021-2026 (%)
• 39: MEA - Market size and forecast 2021-2026 ($ million)
• 40: MEA - Year-over-year growth 2021-2026 (%)
• 41: South America - Market size and forecast 2021-2026 ($ million)
• 42: South America - Year-over-year growth 2021-2026 (%)
• 43: Key leading countries
• 44: Market opportunity By Geographical Landscape ($ million)
• 45: Impact of drivers and challenges
• 46: Vendor landscape
• 47: Landscape disruption
• 48: Industry risks
• 49: Vendors covered
• 50: Market positioning of vendors
• 51: Coherent Inc. - Overview
• 52: Coherent Inc. - Business segments
• 53: Coherent Inc. - Key offerings
• 54: Coherent Inc. - Key customers
• 55: Coherent Inc. - Segment focus
• 56: Epilog Corp. - Overview
• 57: Epilog Corp. - Product and service
• 58: Epilog Corp. - Key offerings
• 59: Epilog Corp. - Key customers
• 60: Epilog Corp. - Segment focus
• 61: Gravotech Engineering Pvt Ltd - Overview
• 62: Gravotech Engineering Pvt Ltd - Product and service
• 63: Gravotech Engineering Pvt Ltd - Key offerings
• 64: Gravotech Engineering Pvt Ltd - Key customers
• 65: Gravotech Engineering Pvt Ltd - Segment focus
• 66: Hans Laser Technology Industry Group Co. Ltd. - Overview
• 67: Hans Laser Technology Industry Group Co. Ltd. - Product and service
• 68: Hans Laser Technology Industry Group Co. Ltd. - Key offerings
• 69: Hans Laser Technology Industry Group Co. Ltd. - Key customers
• 70: Hans Laser Technology Industry Group Co. Ltd. - Segment focus
• 71: IPG Photonics Corp. - Overview
• 72: IPG Photonics Corp. - Business segments
• 73: IPG Photonics Corp. - Key offerings
• 74: IPG Photonics Corp. - Key customers
• 75: IPG Photonics Corp. - Segment focus
• 76: Jenoptik AG - Overview
• 77: Jenoptik AG - Business segments
• 78: Jenoptik AG - Key offerings
• 79: Jenoptik AG - Key customers
• 80: Jenoptik AG - Segment focus
• 81: Laserstar Technologies Corp. - Overview
• 82: Laserstar Technologies Corp. - Product and service
• 83: Laserstar Technologies Corp. - Key offerings
• 84: Laserstar Technologies Corp. - Key customers
• 85: Laserstar Technologies Corp. - Segment focus
• 86: Lumentum Holdings Inc. - Overview
• 87: Lumentum Holdings Inc. - Business segments
• 88: Lumentum Holdings Inc. - Key offerings
• 89: Lumentum Holdings Inc. - Key customers
• 90: Lumentum Holdings Inc. - Segment focus
• 91: LUMIBIRD - Overview
• 92: LUMIBIRD - Business segments
• 93: LUMIBIRD - Key offerings
• 94: LUMIBIRD - Key customers
• 95: LUMIBIRD - Segment focus
• 96: TRUMPF GmbH + Co. KG - Overview
• 97: TRUMPF GmbH + Co. KG - Business segments
• 98: TRUMPF GmbH + Co. KG - Key offerings
• 99: TRUMPF GmbH + Co. KG - Key customers
• 100: TRUMPF GmbH + Co. KG - Segment focus
• 101: Currency conversion rates for US$
• 102: Research Methodology
• 103: Validation techniques employed for market sizing
• 104: Information sources
• 105: List of abbreviations