The Asia Pacific Laser Processing Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
Laser processing of ceramics has several advantages. Laser scribing methods have been effective in this situation. This application was responsible for establishing the laser as a trustworthy processing equipment in the industrial context. Ceramic scribing by laser is still regarded as a cost-effective and commonly utilized manufacturing technique. On ceramic substrates, traditional laser scribing technologies produce a distinct breaking point in the substrate, allowing for a clean and exact separation into discrete segments. They can then be manually or mechanically separated.
Government regulations governing the use of lasers in marking and engraving, as well as the expanding use of lasers in medical equipment and procedures. For example, in laser eye surgery, LASIK & Refractive technology is used to address refractive problems such as myopia, hyperopia, presbyopia, and astigmatism.
Furthermore, technological advancements have enhanced laser processing edge quality and cutting speed. Hamamatsu Photonics, for example, has created the spatial light modulator (SLM), a liquid crystal with the highest pulsed laser power abilities of up to 400 GW/cm2, permitting clients to accomplish elevated and high precision laser processing.
Due to the continuously increasing use of laser systems in a variety of applications, Asia-Pacific is a significant market for laser processing systems. The region's growth is being fueled by the increasing use of various laser techniques in microelectronics and machine tools in particular. The growing use of laser systems in verticals like architecture and aerospace & defense, as well as the considerable benefits of employing laser technology for complicated and time-consuming operations like marking and engraving and materials processing.
One of the most important factors affecting India's Gross Domestic. Product (GDP) is industrial growth. This section contains information on the measures implemented by the state and federal governments to help the country's industrial growth. Users can find information on businesses such as insurance, Mini, Small & Medium, chemical, fertilizer, military products, cottages, retail textile, pharmaceutical, and manufacturing. Schemes, agreements, forms, acts, rules, policies, and reports relevant to multiple industries and corporate governance are also highlighted in this area.
The China market dominated the Asia Pacific Laser Processing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,268.5 million by 2028. The Japan market is poised to grow at a CAGR of 8.8% during (2022 - 2028). Additionally, The India market would display a CAGR of 10.2% during (2022 - 2028).
Based on Process, the market is segmented into Material Processing, Marking & Engraving, Micro-Processing. Based on Application, the market is segmented into Machine Tools, Electronics and Microelectronics, Automotive, Medical, Packaging, Aerospace, and Others. Based on Product, the market is segmented into Gas Lasers, Solid-state Lasers, Fiber Lasers, 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 Laser Processing Market is Projected to reach USD 31.4 Billion by 2028, at a CAGR of 9.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coherent, Inc., IPG Photonics Corporation, Lumentum Holdings, Inc., Jenoptik AG, TRUMPF GmbH + Co. KG, Han’s Laser Technology Industry Group Co., Ltd., Epilog Laser, LUMIBIRD, LaserStar Technologies Corporation, and Gravotech Marking.
Scope of the Study
Market Segments Covered in the Report:
By Process
- Material Processing
- Marking & Engraving
- Micro-Processing
By Application
- Machine Tools
- Electronics and Microelectronics
- Automotive
- Medical
- Packaging
- Aerospace
- Others
By Product
- Gas Lasers
- Solid-state Lasers
- Fiber Lasers
- 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.
- IPG Photonics Corporation
- Lumentum Holdings, Inc.
- Jenoptik AG
- TRUMPF GmbH + Co. KG
- Han’s Laser Technology Industry Group Co., Ltd.
- Epilog Laser
- LUMIBIRD
- LaserStar Technologies Corporation
- Gravotech Marking
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Laser Processing Market, by Process
1.4.2 Asia Pacific Laser Processing Market, by Application
1.4.3 Asia Pacific Laser Processing Market, by Product
1.4.4 Asia Pacific Laser Processing 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: (Product Launches and Product Expansions : 2019, Feb – 2022, Apr) Leading Players
Chapter 4. Asia Pacific Laser Processing Market by Process
4.1 Asia Pacific Material Processing Market by Country
4.2 Asia Pacific Marking & Engraving Market by Country
4.3 Asia Pacific Micro-Processing Market by Country
Chapter 5. Asia Pacific Laser Processing Market by Application
5.1 Asia Pacific Machine Tools Market by Country
5.2 Asia Pacific Electronics and Microelectronics Market by Country
5.3 Asia Pacific Automotive Market by Country
5.4 Asia Pacific Medical Market by Country
5.5 Asia Pacific Packaging Market by Country
5.6 Asia Pacific Aerospace Market by Country
5.7 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Laser Processing Market by Product
6.1 Asia Pacific Gas Lasers Market by Country
6.2 Asia Pacific Solid-state Lasers Market by Country
6.3 Asia Pacific Fiber Lasers Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Laser Processing Market by Country
7.1 China Laser Processing Market
7.1.1 China Laser Processing Market by Process
7.1.2 China Laser Processing Market by Application
7.1.3 China Laser Processing Market by Product
7.2 Japan Laser Processing Market
7.2.1 Japan Laser Processing Market by Process
7.2.2 Japan Laser Processing Market by Application
7.2.3 Japan Laser Processing Market by Product
7.3 India Laser Processing Market
7.3.1 India Laser Processing Market by Process
7.3.2 India Laser Processing Market by Application
7.3.3 India Laser Processing Market by Product
7.4 South Korea Laser Processing Market
7.4.1 South Korea Laser Processing Market by Process
7.4.2 South Korea Laser Processing Market by Application
7.4.3 South Korea Laser Processing Market by Product
7.5 Singapore Laser Processing Market
7.5.1 Singapore Laser Processing Market by Process
7.5.2 Singapore Laser Processing Market by Application
7.5.3 Singapore Laser Processing Market by Product
7.6 Malaysia Laser Processing Market
7.6.1 Malaysia Laser Processing Market by Process
7.6.2 Malaysia Laser Processing Market by Application
7.6.3 Malaysia Laser Processing Market by Product
7.7 Rest of Asia Pacific Laser Processing Market
7.7.1 Rest of Asia Pacific Laser Processing Market by Process
7.7.2 Rest of Asia Pacific Laser Processing Market by Application
7.7.3 Rest of Asia Pacific Laser Processing Market by Product
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:
8.1.5.2 Product Launches and Product Expansions:
8.2 IPG Photonics Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Lumentum Holdings, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
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 Partnerships, Collaborations and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
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 Acquisitions and Mergers:
8.5.5.2 Product Launches and Product Expansions:
8.6 Han's Laser Technology Industry Group Co., Ltd.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Geographical Expansions:
8.7 Epilog Laser
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 LUMIBIRD
8.8.1 Company Overview
8.9 LaserStar Technologies Corporation
8.9.1 Company Overview
8.10. Gravotech Marking
8.10.1 Company Overview
TABLE 1 Asia Pacific Laser Processing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Laser Processing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Laser Processing Market
TABLE 4 Product Launches And Product Expansions– Laser Processing Market
TABLE 5 Acquisition and Mergers– Laser Processing Market
TABLE 6 Geographical expansions- Laser Processing Market
TABLE 7 Asia Pacific Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Material Processing Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Material Processing Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Marking & Engraving Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Marking & Engraving Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Micro-Processing Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Micro-Processing Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Machine Tools Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Machine Tools Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Electronics and Microelectronics Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Electronics and Microelectronics Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Medical Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Medical Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Packaging Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Packaging Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Aerospace Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Aerospace 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 Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Gas Lasers Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Gas Lasers Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Solid-state Lasers Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Solid-state Lasers Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Fiber Lasers Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Fiber Lasers Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Laser Processing Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Laser Processing Market by Country, 2022 - 2028, USD Million
TABLE 43 China Laser Processing Market, 2018 - 2021, USD Million
TABLE 44 China Laser Processing Market, 2022 - 2028, USD Million
TABLE 45 China Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 46 China Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 47 China Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 48 China Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 49 China Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 50 China Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 51 Japan Laser Processing Market, 2018 - 2021, USD Million
TABLE 52 Japan Laser Processing Market, 2022 - 2028, USD Million
TABLE 53 Japan Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 54 Japan Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 55 Japan Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 56 Japan Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 57 Japan Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 58 Japan Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 59 India Laser Processing Market, 2018 - 2021, USD Million
TABLE 60 India Laser Processing Market, 2022 - 2028, USD Million
TABLE 61 India Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 62 India Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 63 India Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 64 India Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 65 India Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 66 India Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 67 South Korea Laser Processing Market, 2018 - 2021, USD Million
TABLE 68 South Korea Laser Processing Market, 2022 - 2028, USD Million
TABLE 69 South Korea Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 70 South Korea Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 71 South Korea Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 72 South Korea Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 73 South Korea Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 74 South Korea Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 75 Singapore Laser Processing Market, 2018 - 2021, USD Million
TABLE 76 Singapore Laser Processing Market, 2022 - 2028, USD Million
TABLE 77 Singapore Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 78 Singapore Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 79 Singapore Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 80 Singapore Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 81 Singapore Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 82 Singapore Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 83 Malaysia Laser Processing Market, 2018 - 2021, USD Million
TABLE 84 Malaysia Laser Processing Market, 2022 - 2028, USD Million
TABLE 85 Malaysia Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 86 Malaysia Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 87 Malaysia Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 88 Malaysia Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 89 Malaysia Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 90 Malaysia Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Laser Processing Market, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Laser Processing Market, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Laser Processing Market by Process, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Laser Processing Market by Process, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Laser Processing Market by Application, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Laser Processing Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Laser Processing Market by Product, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Laser Processing Market by Product, 2022 - 2028, USD Million
TABLE 99 Key Information – Coherent, Inc.
TABLE 100 Key Information – IPG Photonics Corporation
TABLE 101 Key Information – Lumentum Holdings, Inc.
TABLE 102 Key Information – Jenoptik AG
TABLE 103 Key Information – TRUMPF GmbH + Co. KG
TABLE 104 Key Information – Han's Laser Technology Industry Group Co., Ltd.
TABLE 105 Key Information – Epilog Laser
TABLE 106 Key Information – LUMIBIRD
TABLE 107 Key Information – LaserStar Technologies Corporation
TABLE 108 Key Information – Gravotech Marking
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: (Product Launches and Product Expansions : 2019, Feb – 2022, apr) Leading Players
FIG 5 Recent strategies and developments: Coherent, Inc.
FIG 6 Recent strategies and developments: IPG Photonics Corporation
FIG 7 Recent strategies and developments: Jenoptik AG
FIG 8 Recent strategies and developments: TRUMPF GmbH + Co. KG