Global Laser Processing Market Size & Outlook, 2024-2030
Global laser processing market, 2018-2030 (US$M)
Related Markets
Global laser processing market highlights
- The global laser processing market generated a revenue of USD 19,057.0 million in 2022 and is expected to reach USD 38,216.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.1% by 2030.
- In terms of segment, gas lasers accounted for a revenue of USD 10,948.0 million in 2022.
- Fiber Lasers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 19,057.0 million |
| Market revenue in 2030 | USD 38,216.5 million |
| Growth rate | 9.1% (CAGR from 2022 to 2030) |
| Largest segment | Gas lasers |
| Fastest growing segment | Fiber Lasers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Lasers, Solid State Lasers, Fiber Lasers |
Other key industry trends
- In terms of revenue, the North America accounted for 23.6% of the global laser processing market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,496.4 million by 2030.
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Laser Processing Market Scope
Laser Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global laser processing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser processing market will help companies and investors design strategic landscapes.
Gas lasers was the largest segment with a revenue share of 57.45% in 2024. Horizon Databook has segmented the Global laser processing market based on gas lasers, solid state lasers, fiber lasers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Laser Processing Product Outlook (Revenue, USD Million, 2018-2030)
- Gas Lasers
- Solid State Lasers
- Fiber Lasers
- Others
- Global Laser Processing Process Outlook (Revenue, USD Million, 2018-2030)
- Material Processing
- Marking and Engraving
- Micro-Processing
- Global Laser Processing End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Aerospace
- Machine Tools
- Electronics and Microelectronics
- Medical
- Packaging
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Our clientele includes a mix of laser processing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laser processing market , including forecasts for subscribers. This global databook contains high-level insights into Global laser processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global laser processing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Laser processing market size, 2024 (US$M)
Global laser processing market share, by product, 2024 & 2030 (%, US$M)
Laser processing market: Opportunity assessment by country
Global laser processing market, by region, 2024 (US$M)
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