Latin America Ultrafast Laser Market Size & Outlook

The ultrafast laser market in Latin America is expected to reach a projected revenue of US$ 377.1 million by 2030. A compound annual growth rate of 15.7% is expected of Latin America ultrafast laser market from 2024 to 2030.
Revenue, 2023 (US$M)
$135.5
Forecast, 2030 (US$M)
$377.1
CAGR, 2024 - 2030
15.7%
Report Coverage
Latin America

Latin America ultrafast laser market, 2018-2030 (US$M)

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Latin America ultrafast laser market highlights

  • The Latin America ultrafast laser market generated a revenue of USD 135.5 million in 2023.
  • The market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
  • In terms of segment, fiber lasers was the largest revenue generating laser type in 2023.
  • Fiber Lasers is the most lucrative laser type segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 135.5 million
Market revenue in 2030USD 377.1 million
Growth rate15.7% (CAGR from 2023 to 2030)
Largest segmentFiber lasers
Fastest growing segmentFiber Lasers
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFiber Lasers
Key market players worldwideCoherent Corp, TRUMPF, IPG Photonics Corp, NKT A/S, Newport Corporation, Amplitude Laser, EKSPLA, Light Conversion, Clark-MXR, Thales


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.9% of the global ultrafast laser market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,365.5 million by 2030.

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Ultrafast Laser Market Scope

Ultrafast laser market segmentation & scope
Solid-State Lasers
Mode-Locked Lasers
Others
Pulse Duration
Picosecond Lasers
Femtosecond Lasers
Attosecond Lasers
Application
Medical and Healthcare
Material Processing
Scientific Research and Development
Automotive and Aerospace
Countries
Canada
Mexico
U.S.
France
Germany
UK
Australia
China
India
Japan
South Korea
Brazil
Saudi Arabia
South Africa
UAE

Ultrafast Laser Market Companies

Name Profile # Employees HQ Website

Latin America ultrafast laser 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 ultrafast laser market will help companies and investors design strategic landscapes.


Fiber lasers was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America ultrafast laser market based on fiber lasers covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ultrafast laser market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ultrafast laser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America ultrafast laser market

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