The Asia Pacific Industrial Lasers Systems Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Laser light is monochromatic, which means that its color is limited to a single hue. Light's hue is determined by the wavelength of the electromagnetic waves that make it up. A visible, ultraviolet, infrared beam can be used. A typical incandescent lamp, for instance, seems yellowish but emits a combination of green, yellow, red, blue, and sometimes even infrared light. It has a wavelength range of 400 to 800 nanometers.
There is only one direction for the laser beam. Its beam diameter is tiny and nearly constant across long distances, and its orientation is fixed. The tremendous power output of lasers is due to the concentration of light. High-energy pulsed lasers with megawatts of power are capable of cutting through metal.
Fiber laser systems have been adopted in a variety of industries, including metal processing, machinery manufacture, medical, and defence. Moreover, in this region, low labor costs, low production costs, and high adoption of material processing applications would fuel the demand for industrial laser systems. This is due to a rise in manufacturing and the deployment of fiber laser technology in the industrial sector. There is a surge in the demand and production of the consumer electronic items across this region, which is opening news growth prospects for the key market players.
Country like India, including manufacturers and government has always emphasized on domestic output and intake in the manufacturing sector. A price-conscious market, inadequate infrastructure and supply chains, and a preference for labor-intensive procedures due to the scarcity of low-priced labor and the high cost of technology were all challenges.
The China market dominated the Asia Pacific Industrial Lasers Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,004.3 Million by 2028. The Japan market is estimated to witness a CAGR of 7.4% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 8.8% during (2022 - 2028).
Based on Type, the market is segmented into Macro processing and Micro processing. Based on Power, the market is segmented into More than 1.1 kW and Less than 1 kW. Based on Application, the market is segmented into Cutting, Welding, Non-metal processing, Additive manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Industrial Lasers Systems Market is Projected to reach USD 29.4 Billion by 2028, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coherent, Inc., NKT Photonics A/S (NKT A/S), IPG Photonics Corporation, Jenoptik AG, TRUMPF GmbH + Co. KG, LUMIBIRD, Amonics Ltd., Apollo Instruments Inc., CY Laser SRL, and TOPTICA Photonics AG.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Macro processing
- Micro processing
By Power
- More than 1.1 kW
- Less than 1 kW
By Application
- Cutting
- Welding
- Non-metal processing
- Additive manufacturing
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Coherent, Inc.
- NKT Photonics A/S (NKT A/S)
- IPG Photonics Corporation
- Jenoptik AG
- TRUMPF GmbH + Co. KG
- LUMIBIRD
- Amonics Ltd.
- Apollo Instruments Inc.
- CY Laser SRL
- TOPTICA Photonics AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Industrial Lasers Systems Market, by Type
1.4.2 Asia Pacific Industrial Lasers Systems Market, by Power
1.4.3 Asia Pacific Industrial Lasers Systems Market, by Application
1.4.4 Asia Pacific Industrial Lasers Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr – 2022, Jan) Leading Players
Chapter 4. Asia Pacific Industrial Lasers Systems Market by Type
4.1 Asia Pacific Macro processing Market by Country
4.2 Asia Pacific Micro processing Market by Country
Chapter 5. Asia Pacific Industrial Lasers Systems Market by Power
5.1 Asia Pacific More than 1.1 kW Market by Country
5.2 Asia Pacific Less than 1 kW Market by Country
Chapter 6. Asia Pacific Industrial Lasers Systems Market by Application
6.1 Asia Pacific Cutting Market by Country
6.2 Asia Pacific Welding Market by Country
6.3 Asia Pacific Non-metal processing Market by Country
6.4 Asia Pacific Additive manufacturing Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Industrial Lasers Systems Market by Country
7.1 China Industrial Lasers Systems Market
7.1.1 China Industrial Lasers Systems Market by Type
7.1.2 China Industrial Lasers Systems Market by Power
7.1.3 China Industrial Lasers Systems Market by Application
7.2 Japan Industrial Lasers Systems Market
7.2.1 Japan Industrial Lasers Systems Market by Type
7.2.2 Japan Industrial Lasers Systems Market by Power
7.2.3 Japan Industrial Lasers Systems Market by Application
7.3 India Industrial Lasers Systems Market
7.3.1 India Industrial Lasers Systems Market by Type
7.3.2 India Industrial Lasers Systems Market by Power
7.3.3 India Industrial Lasers Systems Market by Application
7.4 South Korea Industrial Lasers Systems Market
7.4.1 South Korea Industrial Lasers Systems Market by Type
7.4.2 South Korea Industrial Lasers Systems Market by Power
7.4.3 South Korea Industrial Lasers Systems Market by Application
7.5 Singapore Industrial Lasers Systems Market
7.5.1 Singapore Industrial Lasers Systems Market by Type
7.5.2 Singapore Industrial Lasers Systems Market by Power
7.5.3 Singapore Industrial Lasers Systems Market by Application
7.6 Malaysia Industrial Lasers Systems Market
7.6.1 Malaysia Industrial Lasers Systems Market by Type
7.6.2 Malaysia Industrial Lasers Systems Market by Power
7.6.3 Malaysia Industrial Lasers Systems Market by Application
7.7 Rest of Asia Pacific Industrial Lasers Systems Market
7.7.1 Rest of Asia Pacific Industrial Lasers Systems Market by Type
7.7.2 Rest of Asia Pacific Industrial Lasers Systems Market by Power
7.7.3 Rest of Asia Pacific Industrial Lasers Systems Market by Application
Chapter 8. Company Profiles
8.1 Coherent, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 NKT Photonics A/S (NKT A/S)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 IPG Photonics Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Jenoptik AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Geographical Expansions:
8.5 TRUMPF GmbH + Co. KG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 LUMIBIRD
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Amonics Ltd.
8.7.1 Company Overview
8.8 Apollo Instruments, Inc.
8.8.1 Company Overview
8.9 CY Laser SRL
8.9.1 Company Overview
8.10. TOPTICA Photonics AG
8.10.1 Company Overview
TABLE 1 Asia Pacific Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Lasers Systems Market
TABLE 4 Product Launches And Product Expansions– Industrial Lasers Systems Market
TABLE 5 Acquisition and Mergers– Industrial Lasers Systems Market
TABLE 6 Geographical Expansions - Industrial Lasers Systems Market
TABLE 7 Asia Pacific Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Macro processing Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Macro processing Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Micro processing Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Micro processing Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 15 Asia Pacific More than 1.1 kW Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific More than 1.1 kW Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Less than 1 kW Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Less than 1 kW Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Cutting Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Cutting Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Welding Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Welding Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Non-metal processing Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Non-metal processing Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Additive manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Additive manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Industrial Lasers Systems Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Industrial Lasers Systems Market by Country, 2022 - 2028, USD Million
TABLE 33 China Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 34 China Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 35 China Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 36 China Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 37 China Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 38 China Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 39 China Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 40 China Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 41 Japan Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 42 Japan Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 43 Japan Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 44 Japan Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 45 Japan Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 46 Japan Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 47 Japan Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 48 Japan Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 49 India Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 50 India Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 51 India Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 52 India Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 53 India Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 54 India Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 55 India Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 56 India Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 57 South Korea Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 58 South Korea Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 59 South Korea Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 60 South Korea Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 61 South Korea Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 62 South Korea Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 63 South Korea Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 64 South Korea Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 65 Singapore Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 66 Singapore Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 67 Singapore Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 68 Singapore Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 69 Singapore Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 70 Singapore Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 71 Singapore Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 72 Singapore Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 73 Malaysia Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 76 Malaysia Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 77 Malaysia Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 78 Malaysia Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 79 Malaysia Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 80 Malaysia Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 89 Key Information – Coherent, Inc.
TABLE 90 Key Information – NKT Photonics A/S
TABLE 91 Key Information – IPG Photonics Corporation
TABLE 92 Key Information – Jenoptik AG
TABLE 93 Key Information – TRUMPF GmbH + Co. KG
TABLE 94 Key Information – LUMIBIRD
TABLE 95 Key Information – Amonics Ltd.
TABLE 96 Key Information – Apollo Instruments, Inc.
TABLE 97 Key Information – CY Laser SRL
TABLE 98 Key Information – TOPTICA Photonics AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: IPG Photonics Corporation
FIG 6 Recent strategies and developments: Jenoptik AG
FIG 7 Recent strategies and developments: TRUMPF GmbH + Co. KG