The Latin America, Middle East and Africa Industrial Lasers Systems Market would witness market growth of 10.1% CAGR during the forecast period (2022-2028).
Unique identity (UID) numbers are frequently imprinted on parts and products using lasers, allowing it to be easily identified in the case of a recall. Laser marks are extremely durable and, in the case of medical devices, can resist multiple sterilization cycles. On goods with flat or curved part geometries, both human-readable and bar codes information, such as lot and batch codes and sometimes even design histories, could be laser-marked.
On the faces of components or goods, lasers can create textures or patterned micro structures that increase physical performance, such like wear rates, optical characteristics, grip, and load capacity. On medical implants, laser micro texturing can produce roughness that helps new tissue or bone gain traction and develop into the implant. With a very great depth resolution, layouts with features as small as 10m can be created.
In 2020, Saudi Arabia accounted for over 52% of vehicle sales in the Gulf Cooperation Council (GCC) and 35% in the Middle East and North Africa (MENA). In 2019 and 2020, Saudi Arabia sold 556,000 and 436,000 vehicles, respectively. By 2025, sales are expected to reach 543,000 units, with just 32,000 of those being electric cars (EVs). The automotive industry in Middle East region is strengthening due to the increasing government efforts and entrance of various companies in the region.
Toyota has a 30% market share in Saudi Arabia, followed by Hyundai and KIA with 26% and Renault-Nissan-Mitsubishi with 9%. The remaining companies are General Motors, Ford, and Fiat Chrysler Automobiles. By 2025, the GCC region is expected to sell 62,000 electric vehicles. Despite this, there are just four commercial vehicle assembly plants, all of which produce minimal volumes. The manufacturing plants of various automotive items are increasingly employing latest systems and machinery, which is contributing to the growth of the regional industrial laser systems market.
The Brazil market dominated the LAMEA Industrial Lasers Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $620.3 Million by 2028. The Argentina market is anticipated to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Industrial Lasers Systems Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 LAMEA Industrial Lasers Systems Market, by Type
1.4.2 LAMEA Industrial Lasers Systems Market, by Power
1.4.3 LAMEA Industrial Lasers Systems Market, by Application
1.4.4 LAMEA 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. LAMEA Industrial Lasers Systems Market by Type
4.1 LAMEA Macro processing Market by Country
4.2 LAMEA Micro processing Market by Country
Chapter 5. LAMEA Industrial Lasers Systems Market by Power
5.1 LAMEA More than 1.1 kW Market by Country
5.2 LAMEA Less than 1 kW Market by Country
Chapter 6. LAMEA Industrial Lasers Systems Market by Application
6.1 LAMEA Cutting Market by Country
6.2 LAMEA Welding Market by Country
6.3 LAMEA Non-metal processing Market by Country
6.4 LAMEA Additive manufacturing Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Industrial Lasers Systems Market by Country
7.1 Brazil Industrial Lasers Systems Market
7.1.1 Brazil Industrial Lasers Systems Market by Type
7.1.2 Brazil Industrial Lasers Systems Market by Power
7.1.3 Brazil Industrial Lasers Systems Market by Application
7.2 Argentina Industrial Lasers Systems Market
7.2.1 Argentina Industrial Lasers Systems Market by Type
7.2.2 Argentina Industrial Lasers Systems Market by Power
7.2.3 Argentina Industrial Lasers Systems Market by Application
7.3 UAE Industrial Lasers Systems Market
7.3.1 UAE Industrial Lasers Systems Market by Type
7.3.2 UAE Industrial Lasers Systems Market by Power
7.3.3 UAE Industrial Lasers Systems Market by Application
7.4 Saudi Arabia Industrial Lasers Systems Market
7.4.1 Saudi Arabia Industrial Lasers Systems Market by Type
7.4.2 Saudi Arabia Industrial Lasers Systems Market by Power
7.4.3 Saudi Arabia Industrial Lasers Systems Market by Application
7.5 South Africa Industrial Lasers Systems Market
7.5.1 South Africa Industrial Lasers Systems Market by Type
7.5.2 South Africa Industrial Lasers Systems Market by Power
7.5.3 South Africa Industrial Lasers Systems Market by Application
7.6 Nigeria Industrial Lasers Systems Market
7.6.1 Nigeria Industrial Lasers Systems Market by Type
7.6.2 Nigeria Industrial Lasers Systems Market by Power
7.6.3 Nigeria Industrial Lasers Systems Market by Application
7.7 Rest of LAMEA Industrial Lasers Systems Market
7.7.1 Rest of LAMEA Industrial Lasers Systems Market by Type
7.7.2 Rest of LAMEA Industrial Lasers Systems Market by Power
7.7.3 Rest of LAMEA 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 LAMEA Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Macro processing Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Macro processing Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Micro processing Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Micro processing Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 14 LAMEA Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 15 LAMEA More than 1.1 kW Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA More than 1.1 kW Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Less than 1 kW Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Less than 1 kW Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 20 LAMEA Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 21 LAMEA Cutting Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Cutting Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Welding Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Welding Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Non-metal processing Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Non-metal processing Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Additive manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Additive manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Industrial Lasers Systems Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Industrial Lasers Systems Market by Country, 2022 - 2028, USD Million
TABLE 33 Brazil Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 34 Brazil Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 35 Brazil Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 36 Brazil Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 37 Brazil Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 38 Brazil Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 39 Brazil Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 41 Argentina Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 42 Argentina Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 43 Argentina Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 44 Argentina Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 45 Argentina Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 46 Argentina Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 47 Argentina Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 48 Argentina Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 49 UAE Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 50 UAE Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 51 UAE Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 52 UAE Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 53 UAE Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 54 UAE Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 55 UAE Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 65 South Africa Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 66 South Africa Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 67 South Africa Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 68 South Africa Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 69 South Africa Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 70 South Africa Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 71 South Africa Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 72 South Africa Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 73 Nigeria Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 74 Nigeria Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 75 Nigeria Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 76 Nigeria Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 77 Nigeria Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 78 Nigeria Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 79 Nigeria Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 80 Nigeria Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA 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