Japan Laser Processing Market Size & Outlook, 2022-2030
The laser processing market in Japan is expected to reach a projected revenue of US$ 4,838.8 million by 2030. A compound annual growth rate of 9.6% is expected of Japan laser processing market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,327.3
Forecast, 2030 (US$M)
$4,838.8
CAGR, 2023 - 2030
9.6%
Report Coverage
Japan
Japan laser processing market, 2018-2030 (US$M)
Related Markets
Japan laser processing market highlights
- The Japan laser processing market generated a revenue of USD 2,327.3 million in 2022 and is expected to reach USD 4,838.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, gas lasers was the largest revenue generating product in 2022.
- Fiber Lasers is the most lucrative product segment registering the fastest growth during the forecast period.
Laser processing market data book summary
| Market revenue in 2022 | USD 2,327.3 million |
| Market revenue in 2030 | USD 4,838.8 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Gas lasers |
| Fastest growing segment | Fiber Lasers |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Lasers, Solid State Lasers, Fiber Lasers |
| Key market players worldwide | Altech Batteries, AMADA Co Ltd, Bystronic AG Bearer Shares, Epilog Laser, Han's Laser Technology Industry Group, IPG Photonics Corp, MKS Instruments Inc, LaserStar Tech USA, Coherent Corp, TRUMPF |
Other key industry trends
- In terms of revenue, Japan accounted for 12.2% of the global laser processing market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China laser processing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,359.7 million by 2030.
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Laser Processing Market Scope
Laser processing market segmentation & scope
Laser Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 59.12% in 2022. Horizon Databook has segmented the Japan laser processing market based on gas lasers, solid state lasers, fiber lasers covering the revenue growth of each sub-segment from 2018 to 2030.
- Japan Laser Processing Product Outlook (Revenue, USD Million, 2018-2030)
- Gas Lasers
- Solid State Lasers
- Fiber Lasers
- Others
- Japan Laser Processing Process Outlook (Revenue, USD Million, 2018-2030)
- Material Processing
- Marking and Engraving
- Micro-Processing
- Japan Laser Processing End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Aerospace
- Machine Tools
- Electronics and Microelectronics
- Medical
- Packaging
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan laser processing market , including forecasts for subscribers. This country databook contains high-level insights into Japan laser processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan laser processing market size, by product, 2018-2030 (US$M)
Japan Laser Processing Market Outlook Share, 2022 & 2030 (US$M)
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