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Laser Technology Market

Release date:

Sep-2021

Region:

global

Research Code:MRSE -104495

Sku:MRSE -104495

Laser Technology Market by Type (Solid-State, Liquid, Gas), Application (Laser Processing, Optical Communication), and End User (Telecommunications, Industrial, Semiconductor & Electronics, Automotive, Healthcare) - Global Forecast to 2028

  • Report ID: MRSE -104495
  • Pages: 197
  • Sep-2021
  • Formats*: PDF
  • Category: Semiconductor and Electronics
  • Delivery: 2 to 4 Hours
COVID-19

This report provides pre & post COVID-19 market estimates.

The Laser Technology Market is expected to reach a value of $30.3 billion by 2028, at a CAGR of 11.4% during the forecast period 2021-2028. Factors driving the growth of this market include the increasing adoption of laser technology in the electronics sector, growing applications of laser in the healthcare sector, shift towards nano and micro devices, and increasing preference for laser-based material processing. The growing demand for laser technology in robotics and increasing use of lasers for optical communication provides significant growth opportunities for market players in the coming years.

The Impact of COVID-19 on the Laser Technology Market

The outbreak of COVID-19 is projected to slow investments in the industrial sector. The pandemic spread led to the shutting down of factories and lockdowns in China, resulting in a huge decline in revenue for Q1 2020 for Chinese laser companies. The pandemic less impacted the companies in the U.S. and Europe. However, they still experienced a decline in revenue during the same period. The shutdown of manufacturing facilities during the first quarter led to supply-chain problems and delays in shipment. Also, there was a decline in the materials processing and lithography laser revenue. However, Chinese laser companies showed a strong recovery during 2020, and sales of extreme ultraviolet (EUV) lasers were also maintained during the period.

The laser revenue for the medical segment was largely affected by the pandemic as people opted out of nonessential medical procedures and canceled dental, eye, and cosmetic appointments. Both dental and cosmetic lasers witnessed a drastic drop in revenue which was more than 25% compared to 2019. On the contrary, lasers market revenue for optical communications supported the market's growth, as a large number of office employees transitioned to work-from-home models. With this changing demand, internet and voice communications service providers also tried to install and upgrade their networks. Furthermore, the increase in usage of smartphones created the need to update wireless network infrastructure, leading to increase demand for fiber laser technology.

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Rising application of lasers in the healthcare sector to drive market growth in the coming years.

Lasers have been important diagnostic and therapeutic tools in medicine, especially for surgical indications and interventions. The field of low-level-laser therapy is becoming increasingly recognized in medical research and is about to revolutionize the field of regenerative medicine. Laser technologies are used in almost all areas of medical science. The high-intensity high-power laser beam is suitable for tissue cutting, and thus a large surgical instrument can replace the traditional scalpel.

Laser technology is used to treat eye diseases, dental problems, skin diseases, and cancer. The laser is routinely used for forging the detached retina into the choroid. Other serious eye conditions that are treated using lasers are diabetic rehabilitation, macular degeneration, and bleeding. Argon laser or krypton ion laser is used for the treatment of these diseases. Glaucoma is an eye disease where the pressure inside the eyeball increases, damaging the retina and eventually leading to blindness. To overcome this pressure and save sight, a small hole in the eye is drilled using the Nd: YAG laser.

Image radiation therapy is used to treat cancer. The hematoporphyrin derivative (HPD), a dye, has the property to selectively attack cancer cells. When intense lasers from the gold laser are irradiated by gold, the Hpd molecule decays, and oxygen releases an anti-cancer agent that kills cancer cells and tissues.

Key Findings in the Laser Technology Market Study:

The semiconductor lasers segment to grow at the highest CAGR during the forecast period.

Based on type, the solid-state lasers segment is estimated to account for the largest share of the laser technology market in 2021. However, the semiconductor lasers segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to its advantages, such as high reliability over other conventional lasers, compact size, low power consumption, and high efficiency. The lasers are mostly used in the healthcare sector for cosmetic procedures, medical diagnosis, and therapies.

The optical communication segment is projected to grow at the highest CAGR during the forecast period.

Based on application, the laser processing segment is estimated to account for the largest share of the laser technology market in 2021. However, the optical communication segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to the rising demand for VCSEL for data transmission. The proliferation of data centers globally and the increase in digital solutions create the need for high-speed and efficient data transmission. Hyperscale data centers use VCSELs as transceivers to reduce power consumption and allow low-latency and high-performance computing.

The medical segment to grow at the highest CAGR during the forecast period.

Based on end user, the industrial segment is estimated to account for the largest share of the laser technology market in 2021. However, the medical segment is expected to grow at the highest CAGR during the forecast period due to the growing adoption of lasers for advanced medical treatments. Apart from aesthetic treatments, medical lasers have proven to be efficient in treating cutaneous malignancies and primary skin diseases. The rising number of cost-effective laser treatments is contributing to the growth of the market.

North America to grow at a significant pace during the forecast period.

The Asia-Pacific region is estimated to account for the largest share of the laser technology market in 2021, followed by North America, Europe, Latin America, and the Middle East & Africa. However, North America is expected to witness significant growth during the forecast period. The factors attributed to the high growth of this region are consistent developments in R&D activities, particularly in the military and defense segment, growing market for aesthetic laser treatments, and developments in optical communications and data storage.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the laser technology market over the last four years. The key players profiled in the laser technology market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and BYSTRONIC Laser AG (Switzerland).

Scope of the Report

Laser Technology Market, by Type

  • Solid-state Lasers
    • Fiber Lasers
    • Ruby Lasers
    • YAG Lasers
    • Thin-Disk Lasers
  • Gas Lasers
    • CO2 Lasers
    • Excimer Lasers
    • He-Ne Lasers
    • Argon Lasers
    • Chemical Lasers
  • Liquid Lasers
  • Semiconductor Lasers 

Laser Technology Market, by Application

  • Laser Processing
    • Macroprocessing
      • Cutting
      • Drilling
      • Welding
    • Microprocessing
    • Marking & Engraving
  • Optical Communications
  • Other Applications

Laser Technology Market, by End User

  • Telecommunications
  • Industrial
  • Semiconductor & Electronics
  • Commercial
  • Aerospace & Defense
  • Automotive
  • Healthcare
  • Other End Users

Laser Technology Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Spain
    • U.K.
    • Italy
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific (RoAPAC)
  • Latin America
  • Middle East & Africa

Key Questions Answered in the Report:

What is the focus of the laser technology market?

The laser technology market report covers the market size & forecasts for segments, such as type, application, end user, and geography. The laser technology market study in this report involves the value analysis of various segments and subsegments of the laser technology market at regional and country levels.

What is the value of revenue generated from laser technology across the globe? At what rate is the demand expected to grow for the next 5-7 years?

The laser technology market is projected to reach a value of $30.3 billion by 2028, at a CAGR of 11.4% during the forecast period.

Which type segment held the major share of the market in 2020?

Based on type, the solid-state lasers segment accounted for the largest share of the laser technology market in 2020.

Which is the high-growth application segment of the laser technology market?

Based on application, the laser processing segment accounted for the largest share of the laser technology market in 2020. However, the optical communication segment is expected to witness significant growth during the forecast period. The rapid growth of this segment is mainly attributed to the proliferation of data centers and the rising demand for digital devices.

What are the key factors supporting the growth of this market? What are the major opportunities for existing market players and new entrants in the laser technology market?

The growth of this market is backed by the growing adoption of laser technology in the electronics sector, rising applications of laser in healthcare, a shift towards nano and microdevices, and increasing preference for laser-based material processing over traditional processing. Moreover, the growing demand for laser technology in robotics and increasing use of lasers for optical communication provides significant growth opportunities for stakeholders in the market.

Who are the major players operating in the laser technology market?

The key players operating in the laser technology market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and BYSTRONIC Laser AG (Switzerland).

Which regions/countries are likely to offer significant growth opportunities for the vendors in this market during the analysis period?

North America is projected to offer significant growth opportunities for the vendors in this market due to the increasing adoption of aesthetic laser treatments, rising adoption of digital devices, and high demand for optical communication and data storage.

1.    Introduction
       1.1.    Market Definition
       1.2.    Currency and Limitations
                 1.2.1.     Currency 
                 1.2.2.    Limitations
       1.3.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                 2.3.2.    Bottom-Up Approach
                 2.3.3.    Top-Down Approach
                 2.3.4.    Growth Forecast
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    COVID-19: Impact Assessment
       4.1.    Scenario A: Severe Impact
       4.2.    Scenario B: Moderate Recovery
       4.3.    Scenario C: Fast Recovery

5.    Market Insights
       5.1.    Introduction
                 5.1.1.    Drivers
                             5.1.1.1.     Rising Adoption of Laser Technology in the Electronics Sector
                             5.1.1.2.    Increasing Use of Laser for Medical Applications
                             5.1.1.2.    Shift Towards Micro and Nanodevices
                             5.1.1.3.    Demand for Laser-based Material Processing Over Traditional Processing
                 5.1.2.    Restraints
                             5.1.2.1.     High Initial Cost
                5.1.3.    Opportunities
                             5.1.3.1.    Use of Laser Technology in Robotics
                             5.1.3.2.    Applications of Laser for Optical Communication
                 5.1.4.    Challenges
                             5.1.4.1.    Technical Complexity in High Power Laser
       5.2.    Value Chain Analysis

6.    Global Laser Technology Market, by Type
       6.1.    Introduction
       6.2.    Solid-state Laser
                 6.2.1.    Fiber Laser
                 6.2.2.    Yttrium Aluminum Garnet (YAG) Laser
                 6.2.3.    Thin-disk Laser
                 6.2.4.    Ruby Laser
       6.3.    Gas Laser
                 6.3.1.    Co2 Laser
                 6.3.2.    Excimer Laser
                 6.3.3.    He-Ne laser
                 6.3.4.    Argon laser
                 6.3.5.    Chemical laser
       6.4.    Semiconductor Laser
       6.5.    Liquid Laser

7.    Global Laser Technology Market, by Application
       7.1.    Introduction
       7.2.    Laser Processing
                 7.2.1.    Macroprocessing 
                             7.2.1.1.    Cutting
                             7.2.1.2.    Welding
                             7.2.1.3.    Drilling
                 7.2.2.    Microprocessing
                 7.2.3.    Marking and Engraving 
       7.3.    Optical Communications
       7.4.    Other Applications

8.    Global Laser Technology Market, by End User
       8.1.    Introduction
       8.2.    Industrial
       8.3.    Semiconductor & Electronics
       8.4.    Automotive
       8.5.    Telecommunications
       8.6.    Aerospace & Defense
       8.7.    Healthcare
       8.8.    Commercial 
       8.9.    Others End Users 

9.    Global Laser Technology Market, by Geography
       9.1.    Introduction
       9.2.    Asia-Pacific (APAC)
                 9.2.1.    China
                 9.2.2.    Japan
                 9.2.3.    South Korea
                 9.2.4.    India
                 9.2.5.    Rest of Asia—Pacific
       9.3.    North America
                 9.3.1.    U.S.
                 9.3.2.    Canada
       9.4.    Europe
                 9.4.1.    Germany 
                 9.4.2.    U.K.
                 9.4.3.    France
                 9.4.4.    Italy
                 9.4.5.    Spain
                 9.4.6.    Rest of Europe 
       9.5.    Latin America
       9.6.    Middle East and Africa

10.    Competitive Landscape
         10.1    Introduction
         10.2.    Key Growth Strategies
         10.3.    Market Share Analysis (2020)
                     10.3.1.    Coherent, Inc.
                     10.3.2.    TRUMPF GmbH + Co. KG
                     10.3.3.    IPG Photonics Corporation
                     10.3.4.    Han's Laser Technology Industry Group Co., Ltd.
                     10.3.5.    Lumentum Operations LLC 

11.    Company Profiles 
         11.1.    Coherent, Inc. 
                     11.1.1.    Business Overview
                     11.1.2.    Financial Overview
                     11.1.3.    Product Portfolio
                     11.1.4.    Strategic Developments
         11.2.    TRUMPF GmbH + Co. KG
                     11.2.1.    Business Overview
                     11.2.2.    Financial Overview
                     11.2.3.    Product Portfolio
                     11.2.4.    Strategic Developments
         11.3.    IPG Photonics Corporation
                     11.3.1.    Business Overview
                     11.3.2.    Financial Overview
                     11.3.3.    Product Portfolio
                     11.3.4.    Strategic Developments
         11.4.    Han's Laser Technology Industry Group Co., Ltd. 
                     11.4.1.    Business Overview
                     11.4.2.    Financial Overview
                     11.4.3.    Product Portfolio
                     11.4.4.    Strategic Development 
         11.5.    Lumentum Holdings Inc. 
                     11.5.1.    Business Overview
                     11.5.2.    Financial Overview
                     11.5.3.    Product Portfolio
                     11.5.4.    Strategic Developments
         11.6.    JENOPTIK AG  
                     11.6.1.    Business Overview
                     11.6.2.    Financial Overview
                     11.6.3.    Product Portfolio
                     11.6.4.    Strategic Developments
         11.7.    Novanta Inc.
                     11.7.1.    Business Overview
                     11.7.2.    Financial Overview
                     11.7.3.    Product Portfolio
                     11.7.4.    Strategic Developments
         11.8.    LUMIBIRD Group
                     11.8.1.    Business Overview
                     11.8.2.    Financial Overview
                     11.8.3.    Product Portfolio
                     11.8.4.    Strategic Developments
         11.9.    LaserStar Technologies Corporation
                    11.9.1.    Business Overview 
                     11.9.2.    Product Portfolio
                     11.9.3.    Strategic Developments
         11.10.    Epilog Laser
                      11.10.1.    Business Overview
                      11.10.2.    Product Portfolio
                      11.10.3.    Strategic Developments 
         11.11.    MKS Instruments, Inc.
                      11.11.1.    Business Overview
                      11.11.2.    Financial Overview
                      11.11.3.    Product Portfolio
                      11.11.4.    Strategic Developments
         11.12.    Gravotech Marking 
                      11.12.1.    Business Overview
                      11.12.2.    Product Portfolio 
         11.13.    Corning Incorporated 
                      11.13.1.    Business Overview
                      11.13.2.    Financial Overview
                      11.13.3.    Product Portfolio
                      11.13.4.    Strategic Developments
         11.14.    eurolaser GmbH 
                      11.14.1.    Business Overview
                      11.14.2.    Product Portfolio
         11.15.    Bystronic Laser AG 
                      11.15.1.    Business Overview
                      11.15.2.    Financial Overview
                      11.15.3.    Product Portfolio
                      11.15.4.    Strategic Developments

12.    Appendix 
         12.1.    Questionnaire
         12.2.    Available Customization

List of Tables

Table 1    Impact of COVID-19 on Global Laser Technology Market (USD Million)
Table 2    Global Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 3    Global Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 4    Global Solid-State Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Global Fiber Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Global Yttrium Aluminum Garnet (YAG) Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Global Thin-disk Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Global Ruby Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Global Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 10    Global Gas Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11    Global Co2 Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 12    Global Excimer Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 13    Global He-Ne Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 14    Global Argon Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 15    Global Chemical Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 16    Global Semiconductor Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 17    Global Liquid Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 18    Global Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 19    Global Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 20    Global Laserprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 21    Global Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 22    Global Macroprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 23    Global Cutting Market Size, by Country/Region, 2019–2028 (USD Million)
Table 24    Global Welding Market Size, by Country/Region, 2019–2028 (USD Million)
Table 25    Global Drilling Market Size, by Country/Region, 2019–2028 (USD Million)
Table 26    Global Microprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 27    Global Marking & Engraving Market Size, by Country/Region, 2019–2028 (USD Million)
Table 28    Global Optical Communications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 29    Global Other Applications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 30    Global Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 31    Global Industrial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 32    Global Semiconductor & Electronics Market Size, by Country/Region, 2019–2028 (USD Million)
Table 33    Global Automotive Market Size, by Country/Region, 2019–2028 (USD Million)
Table 34    Global Telecommunications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 35    Global Aerospace & Defense Market Size, by Country/Region, 2019–2028 (USD Million)
Table 36    Global Healthcare Market Size, by Country/Region, 2019–2028 (USD Million)
Table 37    Global Commercial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 38    Global Other End Users Market Size, by Country/Region, 2019–2028 (USD Million)
Table 39    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 40    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 41    Asia-Pacific: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 42    Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 43    Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 44    Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 45    Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 46    Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 47    Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 48    Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 49    China: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 50    China: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 51    China: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 52    China: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 53    China: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 54    China: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 55    China: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 56    Japan: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 57    Japan: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 58    Japan: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 59    Japan: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 60    Japan: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 61    Japan: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 62    Japan: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 63    South Korea: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 64    South Korea: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 65    South Korea: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 66    South Korea: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 67    South Korea: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 68    South Korea: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 69    South Korea: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 70    India: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 71    India: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 72    India: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 73    India: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 74    India: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 75    India: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 76    India: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 77    Rest of Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 78    Rest of Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 79    Rest of Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 80    Rest of Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 81    Rest of Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 82    Rest of Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 83    Rest of Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 84    North America: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 85    North America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 86    North America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 87    North America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 88    North America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 89    North America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 90    North America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 91    North America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 92    U.S.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 93    U.S.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 94    U.S.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 95    U.S.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 96    U.S.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 97    U.S.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 98    U.S.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 99    Canada: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 100    Canada: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 101    Canada: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 102    Canada: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 103    Canada: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 104    Canada: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 105    Canada: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 106    Europe: Laser Technology Market Size, by Country, 2019–2028 (USD Million)
Table 107    Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 108    Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 109    Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 110    Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 111    Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 112    Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 113    Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 114    Germany: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 115    Germany: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 116    Germany: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 117    Germany: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 118    Germany: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 119    Germany: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 120    Germany: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 121    U.K.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 122    U.K.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 123    U.K.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 124    U.K.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 125    U.K.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 126    U.K.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 127    U.K.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 128    France: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 129    France: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 130    France: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 131    France: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 132    France: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 133    France: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 134    France: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 135    Italy: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 136    Italy: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 137    Italy: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 138    Italy: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 139    Italy: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 140    Italy: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 141    Italy: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 142    Spain: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 143    Spain: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 144    Spain: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 145    Spain: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 146    Spain: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 147    Spain: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 148    Spain: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 149    Rest of Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 150    Rest of Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 151    Rest of Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 152    Rest of Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 153    Rest of Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 154    Rest of Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 155    Rest of Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 156    Latin America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 157    Latin America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 158    Latin America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 159    Latin America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 160    Latin America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 161    Latin America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 162    Latin America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 163    Middle East & Africa: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 164    Middle East & Africa: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 165    Middle East & Africa: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 166    Middle East & Africa: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 167    Middle East & Africa: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 168    Middle East & Africa: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 169    Middle East & Africa: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 170    Recent developments, by Company, 2018-2020


List of Figures 

Figure 1        Scope of the Global Laser Technology Market    
Figure 2        Key Stakeholders of the Global Laser Technology Market    
Figure 3        Research Process    
Figure 4        Key Secondary Sources    
Figure 5        Primary Research Techniques
Figure 6        Key Executives Interviewed    
Figure 7        Market Sizing and Growth Forecast Approach    
Figure 8        Key Insights    
Figure 9        Meticulous Research Estimates: by Type
Figure 10    Meticulous Research Estimates: by Application
Figure 11    Meticulous Research Estimates: by End User    
Figure 12    global laser technology MARKET share, by Geography, 2020    
Figure 13    COVID-19 Impact on the Global Laser Technology Market
Figure 14    Market Dynamics    
Figure 15    Value Chain of Laser Technology Market    
Figure 16    Global Laser Technology Market size, by Type, 2021 Vs. 2028 (USD Million)    
Figure 17    Global Laser Technology Market size, by Solid-state Laser, 2021 Vs. 2028 (USD Million)
Figure 18    Global Laser Technology Market size, by Gas Laser, 2021 Vs. 2028 (USD Million)
Figure 19    Global Laser Technology Market size, by Application, 2021 Vs. 2028 (USD Million)
Figure 20    Global Laser Technology Market size, by Laser Processing, 2021 Vs. 2028 (USD Million)
Figure 21    Global Laser Technology Market size, by Macroprocessing, 2021 Vs. 2028 (USD Million)
Figure 22    Global Laser Technology Market size, by End User, 2021 Vs. 2028 (USD Million)    
Figure 23    Global Laser Technology Market size, by Geography, 2021 Vs. 2028 (USD Million)    
Figure 24    Key Adopters of Laser Products (2020)    
Figure 25    Key Growth Strategies Adopted by Leading Players, 2018-2020
Figure 26    Market Share Analysis, by Leading Players, 2020
Figure 27    Coherent, Inc.: Financial Overview, 2020    
Figure 28    TRUMPF GmbH + Co. KG: Financial Overview, 2020    
Figure 29    IPG Photonics Corporation: Financial Overview, 2020    
Figure 30    Han's Laser Technology Industry Group Co., Ltd.: Financial Overview, 2020
Figure 31    Lumentum Holdings Inc.: Financial Overview, 2020
Figure 32    JENOPTIK AG: Financial Overview, 2020    
Figure 33    Novanta Inc.: Financial Overview, 2020    
Figure 34    LUMIBIRD Group: Financial Overview, 2020    
Figure 35    MKS Instruments, Inc.: Financial Overview, 2020    
Figure 36    Corning Incorporated: Financial Overview, 2020
Figure 37    Bystronic Laser AG: Financial Overview, 2020    

 
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Related Research

The Laser Technology Market is expected to reach a value of $30.3 billion by 2028, at a CAGR of 11.4% during the forecast period 2021-2028. Factors driving the growth of this market include the increasing adoption of laser technology in the electronics sector, growing applications of laser in the healthcare sector, shift towards nano and micro devices, and increasing preference for laser-based material processing. The growing demand for laser technology in robotics and increasing use of lasers for optical communication provides significant growth opportunities for market players in the coming years.

The Impact of COVID-19 on the Laser Technology Market

The outbreak of COVID-19 is projected to slow investments in the industrial sector. The pandemic spread led to the shutting down of factories and lockdowns in China, resulting in a huge decline in revenue for Q1 2020 for Chinese laser companies. The pandemic less impacted the companies in the U.S. and Europe. However, they still experienced a decline in revenue during the same period. The shutdown of manufacturing facilities during the first quarter led to supply-chain problems and delays in shipment. Also, there was a decline in the materials processing and lithography laser revenue. However, Chinese laser companies showed a strong recovery during 2020, and sales of extreme ultraviolet (EUV) lasers were also maintained during the period.

The laser revenue for the medical segment was largely affected by the pandemic as people opted out of nonessential medical procedures and canceled dental, eye, and cosmetic appointments. Both dental and cosmetic lasers witnessed a drastic drop in revenue which was more than 25% compared to 2019. On the contrary, lasers market revenue for optical communications supported the market's growth, as a large number of office employees transitioned to work-from-home models. With this changing demand, internet and voice communications service providers also tried to install and upgrade their networks. Furthermore, the increase in usage of smartphones created the need to update wireless network infrastructure, leading to increase demand for fiber laser technology.

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Rising application of lasers in the healthcare sector to drive market growth in the coming years.

Lasers have been important diagnostic and therapeutic tools in medicine, especially for surgical indications and interventions. The field of low-level-laser therapy is becoming increasingly recognized in medical research and is about to revolutionize the field of regenerative medicine. Laser technologies are used in almost all areas of medical science. The high-intensity high-power laser beam is suitable for tissue cutting, and thus a large surgical instrument can replace the traditional scalpel.

Laser technology is used to treat eye diseases, dental problems, skin diseases, and cancer. The laser is routinely used for forging the detached retina into the choroid. Other serious eye conditions that are treated using lasers are diabetic rehabilitation, macular degeneration, and bleeding. Argon laser or krypton ion laser is used for the treatment of these diseases. Glaucoma is an eye disease where the pressure inside the eyeball increases, damaging the retina and eventually leading to blindness. To overcome this pressure and save sight, a small hole in the eye is drilled using the Nd: YAG laser.

Image radiation therapy is used to treat cancer. The hematoporphyrin derivative (HPD), a dye, has the property to selectively attack cancer cells. When intense lasers from the gold laser are irradiated by gold, the Hpd molecule decays, and oxygen releases an anti-cancer agent that kills cancer cells and tissues.

Key Findings in the Laser Technology Market Study:

The semiconductor lasers segment to grow at the highest CAGR during the forecast period.

Based on type, the solid-state lasers segment is estimated to account for the largest share of the laser technology market in 2021. However, the semiconductor lasers segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to its advantages, such as high reliability over other conventional lasers, compact size, low power consumption, and high efficiency. The lasers are mostly used in the healthcare sector for cosmetic procedures, medical diagnosis, and therapies.

The optical communication segment is projected to grow at the highest CAGR during the forecast period.

Based on application, the laser processing segment is estimated to account for the largest share of the laser technology market in 2021. However, the optical communication segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to the rising demand for VCSEL for data transmission. The proliferation of data centers globally and the increase in digital solutions create the need for high-speed and efficient data transmission. Hyperscale data centers use VCSELs as transceivers to reduce power consumption and allow low-latency and high-performance computing.

The medical segment to grow at the highest CAGR during the forecast period.

Based on end user, the industrial segment is estimated to account for the largest share of the laser technology market in 2021. However, the medical segment is expected to grow at the highest CAGR during the forecast period due to the growing adoption of lasers for advanced medical treatments. Apart from aesthetic treatments, medical lasers have proven to be efficient in treating cutaneous malignancies and primary skin diseases. The rising number of cost-effective laser treatments is contributing to the growth of the market.

North America to grow at a significant pace during the forecast period.

The Asia-Pacific region is estimated to account for the largest share of the laser technology market in 2021, followed by North America, Europe, Latin America, and the Middle East & Africa. However, North America is expected to witness significant growth during the forecast period. The factors attributed to the high growth of this region are consistent developments in R&D activities, particularly in the military and defense segment, growing market for aesthetic laser treatments, and developments in optical communications and data storage.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the laser technology market over the last four years. The key players profiled in the laser technology market are Coherent, Inc. (U.S.), IPG Photonics Corporation (U.S.), TRUMPF GmbH + Co. KG (Germany), Lumentum Holdings Inc. (U.S.), Jenoptik AG (Germany), Novanta Inc. (U.S.), LUMIBIRD Group (France), LaserStar Technologies Corporation (U.S.), Epilog Laser (U.S.), Han's Laser Technology Industry Group Co., Ltd. (China), MKS Instruments, Inc. (U.S.), Gravotech Marking (France), Corning Incorporated (U.S.), Eurolaser GmbH (Germany), and BYSTRONIC Laser AG (Switzerland).

Scope of the Report

Laser Technology Market, by Type

  • Solid-state Lasers
    • Fiber Lasers
    • Ruby Lasers
    • YAG Lasers
    • Thin-Disk Lasers
  • Gas Lasers
    • CO2 Lasers
    • Excimer Lasers
    • He-Ne Lasers
    • Argon Lasers
    • Chemical Lasers
  • Liquid Lasers
  • Semiconductor Lasers 

Laser Technology Market, by Application

  • Laser Processing
    • Macroprocessing
      • Cutting
      • Drilling
      • Welding
    • Microprocessing
    • Marking & Engraving
  • Optical Communications
  • Other Applications

Laser Technology Market, by End User

  • Telecommunications
  • Industrial
  • Semiconductor & Electronics
  • Commercial
  • Aerospace & Defense
  • Automotive
  • Healthcare
  • Other End Users

Laser Technology Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Spain
    • U.K.
    • Italy
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific (RoAPAC)
  • Latin America
  • Middle East & Africa

Key Questions Answered in the Report:

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1.    Introduction
       1.1.    Market Definition
       1.2.    Currency and Limitations
                 1.2.1.     Currency 
                 1.2.2.    Limitations
       1.3.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                 2.3.2.    Bottom-Up Approach
                 2.3.3.    Top-Down Approach
                 2.3.4.    Growth Forecast
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    COVID-19: Impact Assessment
       4.1.    Scenario A: Severe Impact
       4.2.    Scenario B: Moderate Recovery
       4.3.    Scenario C: Fast Recovery

5.    Market Insights
       5.1.    Introduction
                 5.1.1.    Drivers
                             5.1.1.1.     Rising Adoption of Laser Technology in the Electronics Sector
                             5.1.1.2.    Increasing Use of Laser for Medical Applications
                             5.1.1.2.    Shift Towards Micro and Nanodevices
                             5.1.1.3.    Demand for Laser-based Material Processing Over Traditional Processing
                 5.1.2.    Restraints
                             5.1.2.1.     High Initial Cost
                5.1.3.    Opportunities
                             5.1.3.1.    Use of Laser Technology in Robotics
                             5.1.3.2.    Applications of Laser for Optical Communication
                 5.1.4.    Challenges
                             5.1.4.1.    Technical Complexity in High Power Laser
       5.2.    Value Chain Analysis

6.    Global Laser Technology Market, by Type
       6.1.    Introduction
       6.2.    Solid-state Laser
                 6.2.1.    Fiber Laser
                 6.2.2.    Yttrium Aluminum Garnet (YAG) Laser
                 6.2.3.    Thin-disk Laser
                 6.2.4.    Ruby Laser
       6.3.    Gas Laser
                 6.3.1.    Co2 Laser
                 6.3.2.    Excimer Laser
                 6.3.3.    He-Ne laser
                 6.3.4.    Argon laser
                 6.3.5.    Chemical laser
       6.4.    Semiconductor Laser
       6.5.    Liquid Laser

7.    Global Laser Technology Market, by Application
       7.1.    Introduction
       7.2.    Laser Processing
                 7.2.1.    Macroprocessing 
                             7.2.1.1.    Cutting
                             7.2.1.2.    Welding
                             7.2.1.3.    Drilling
                 7.2.2.    Microprocessing
                 7.2.3.    Marking and Engraving 
       7.3.    Optical Communications
       7.4.    Other Applications

8.    Global Laser Technology Market, by End User
       8.1.    Introduction
       8.2.    Industrial
       8.3.    Semiconductor & Electronics
       8.4.    Automotive
       8.5.    Telecommunications
       8.6.    Aerospace & Defense
       8.7.    Healthcare
       8.8.    Commercial 
       8.9.    Others End Users 

9.    Global Laser Technology Market, by Geography
       9.1.    Introduction
       9.2.    Asia-Pacific (APAC)
                 9.2.1.    China
                 9.2.2.    Japan
                 9.2.3.    South Korea
                 9.2.4.    India
                 9.2.5.    Rest of Asia—Pacific
       9.3.    North America
                 9.3.1.    U.S.
                 9.3.2.    Canada
       9.4.    Europe
                 9.4.1.    Germany 
                 9.4.2.    U.K.
                 9.4.3.    France
                 9.4.4.    Italy
                 9.4.5.    Spain
                 9.4.6.    Rest of Europe 
       9.5.    Latin America
       9.6.    Middle East and Africa

10.    Competitive Landscape
         10.1    Introduction
         10.2.    Key Growth Strategies
         10.3.    Market Share Analysis (2020)
                     10.3.1.    Coherent, Inc.
                     10.3.2.    TRUMPF GmbH + Co. KG
                     10.3.3.    IPG Photonics Corporation
                     10.3.4.    Han's Laser Technology Industry Group Co., Ltd.
                     10.3.5.    Lumentum Operations LLC 

11.    Company Profiles 
         11.1.    Coherent, Inc. 
                     11.1.1.    Business Overview
                     11.1.2.    Financial Overview
                     11.1.3.    Product Portfolio
                     11.1.4.    Strategic Developments
         11.2.    TRUMPF GmbH + Co. KG
                     11.2.1.    Business Overview
                     11.2.2.    Financial Overview
                     11.2.3.    Product Portfolio
                     11.2.4.    Strategic Developments
         11.3.    IPG Photonics Corporation
                     11.3.1.    Business Overview
                     11.3.2.    Financial Overview
                     11.3.3.    Product Portfolio
                     11.3.4.    Strategic Developments
         11.4.    Han's Laser Technology Industry Group Co., Ltd. 
                     11.4.1.    Business Overview
                     11.4.2.    Financial Overview
                     11.4.3.    Product Portfolio
                     11.4.4.    Strategic Development 
         11.5.    Lumentum Holdings Inc. 
                     11.5.1.    Business Overview
                     11.5.2.    Financial Overview
                     11.5.3.    Product Portfolio
                     11.5.4.    Strategic Developments
         11.6.    JENOPTIK AG  
                     11.6.1.    Business Overview
                     11.6.2.    Financial Overview
                     11.6.3.    Product Portfolio
                     11.6.4.    Strategic Developments
         11.7.    Novanta Inc.
                     11.7.1.    Business Overview
                     11.7.2.    Financial Overview
                     11.7.3.    Product Portfolio
                     11.7.4.    Strategic Developments
         11.8.    LUMIBIRD Group
                     11.8.1.    Business Overview
                     11.8.2.    Financial Overview
                     11.8.3.    Product Portfolio
                     11.8.4.    Strategic Developments
         11.9.    LaserStar Technologies Corporation
                    11.9.1.    Business Overview 
                     11.9.2.    Product Portfolio
                     11.9.3.    Strategic Developments
         11.10.    Epilog Laser
                      11.10.1.    Business Overview
                      11.10.2.    Product Portfolio
                      11.10.3.    Strategic Developments 
         11.11.    MKS Instruments, Inc.
                      11.11.1.    Business Overview
                      11.11.2.    Financial Overview
                      11.11.3.    Product Portfolio
                      11.11.4.    Strategic Developments
         11.12.    Gravotech Marking 
                      11.12.1.    Business Overview
                      11.12.2.    Product Portfolio 
         11.13.    Corning Incorporated 
                      11.13.1.    Business Overview
                      11.13.2.    Financial Overview
                      11.13.3.    Product Portfolio
                      11.13.4.    Strategic Developments
         11.14.    eurolaser GmbH 
                      11.14.1.    Business Overview
                      11.14.2.    Product Portfolio
         11.15.    Bystronic Laser AG 
                      11.15.1.    Business Overview
                      11.15.2.    Financial Overview
                      11.15.3.    Product Portfolio
                      11.15.4.    Strategic Developments

12.    Appendix 
         12.1.    Questionnaire
         12.2.    Available Customization

List of Tables

Table 1    Impact of COVID-19 on Global Laser Technology Market (USD Million)
Table 2    Global Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 3    Global Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 4    Global Solid-State Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Global Fiber Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Global Yttrium Aluminum Garnet (YAG) Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Global Thin-disk Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Global Ruby Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Global Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 10    Global Gas Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11    Global Co2 Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 12    Global Excimer Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 13    Global He-Ne Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 14    Global Argon Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 15    Global Chemical Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 16    Global Semiconductor Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 17    Global Liquid Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 18    Global Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 19    Global Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 20    Global Laserprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 21    Global Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 22    Global Macroprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 23    Global Cutting Market Size, by Country/Region, 2019–2028 (USD Million)
Table 24    Global Welding Market Size, by Country/Region, 2019–2028 (USD Million)
Table 25    Global Drilling Market Size, by Country/Region, 2019–2028 (USD Million)
Table 26    Global Microprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 27    Global Marking & Engraving Market Size, by Country/Region, 2019–2028 (USD Million)
Table 28    Global Optical Communications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 29    Global Other Applications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 30    Global Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 31    Global Industrial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 32    Global Semiconductor & Electronics Market Size, by Country/Region, 2019–2028 (USD Million)
Table 33    Global Automotive Market Size, by Country/Region, 2019–2028 (USD Million)
Table 34    Global Telecommunications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 35    Global Aerospace & Defense Market Size, by Country/Region, 2019–2028 (USD Million)
Table 36    Global Healthcare Market Size, by Country/Region, 2019–2028 (USD Million)
Table 37    Global Commercial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 38    Global Other End Users Market Size, by Country/Region, 2019–2028 (USD Million)
Table 39    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 40    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 41    Asia-Pacific: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 42    Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 43    Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 44    Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 45    Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 46    Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 47    Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 48    Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 49    China: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 50    China: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 51    China: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 52    China: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 53    China: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 54    China: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 55    China: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 56    Japan: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 57    Japan: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 58    Japan: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 59    Japan: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 60    Japan: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 61    Japan: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 62    Japan: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 63    South Korea: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 64    South Korea: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 65    South Korea: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 66    South Korea: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 67    South Korea: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 68    South Korea: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 69    South Korea: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 70    India: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 71    India: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 72    India: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 73    India: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 74    India: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 75    India: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 76    India: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 77    Rest of Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 78    Rest of Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 79    Rest of Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 80    Rest of Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 81    Rest of Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 82    Rest of Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 83    Rest of Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 84    North America: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 85    North America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 86    North America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 87    North America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 88    North America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 89    North America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 90    North America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 91    North America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 92    U.S.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 93    U.S.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 94    U.S.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 95    U.S.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 96    U.S.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 97    U.S.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 98    U.S.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 99    Canada: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 100    Canada: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 101    Canada: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 102    Canada: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 103    Canada: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 104    Canada: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 105    Canada: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 106    Europe: Laser Technology Market Size, by Country, 2019–2028 (USD Million)
Table 107    Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 108    Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 109    Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 110    Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 111    Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 112    Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 113    Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 114    Germany: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 115    Germany: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 116    Germany: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 117    Germany: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 118    Germany: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 119    Germany: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 120    Germany: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 121    U.K.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 122    U.K.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 123    U.K.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 124    U.K.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 125    U.K.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 126    U.K.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 127    U.K.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 128    France: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 129    France: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 130    France: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 131    France: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 132    France: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 133    France: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 134    France: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 135    Italy: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 136    Italy: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 137    Italy: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 138    Italy: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 139    Italy: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 140    Italy: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 141    Italy: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 142    Spain: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 143    Spain: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 144    Spain: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 145    Spain: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 146    Spain: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 147    Spain: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 148    Spain: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 149    Rest of Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 150    Rest of Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 151    Rest of Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 152    Rest of Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 153    Rest of Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 154    Rest of Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 155    Rest of Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 156    Latin America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 157    Latin America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 158    Latin America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 159    Latin America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 160    Latin America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 161    Latin America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 162    Latin America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 163    Middle East & Africa: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 164    Middle East & Africa: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 165    Middle East & Africa: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 166    Middle East & Africa: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 167    Middle East & Africa: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 168    Middle East & Africa: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 169    Middle East & Africa: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 170    Recent developments, by Company, 2018-2020


List of Figures 

Figure 1        Scope of the Global Laser Technology Market    
Figure 2        Key Stakeholders of the Global Laser Technology Market    
Figure 3        Research Process    
Figure 4        Key Secondary Sources    
Figure 5        Primary Research Techniques
Figure 6        Key Executives Interviewed    
Figure 7        Market Sizing and Growth Forecast Approach    
Figure 8        Key Insights    
Figure 9        Meticulous Research Estimates: by Type
Figure 10    Meticulous Research Estimates: by Application
Figure 11    Meticulous Research Estimates: by End User    
Figure 12    global laser technology MARKET share, by Geography, 2020    
Figure 13    COVID-19 Impact on the Global Laser Technology Market
Figure 14    Market Dynamics    
Figure 15    Value Chain of Laser Technology Market    
Figure 16    Global Laser Technology Market size, by Type, 2021 Vs. 2028 (USD Million)    
Figure 17    Global Laser Technology Market size, by Solid-state Laser, 2021 Vs. 2028 (USD Million)
Figure 18    Global Laser Technology Market size, by Gas Laser, 2021 Vs. 2028 (USD Million)
Figure 19    Global Laser Technology Market size, by Application, 2021 Vs. 2028 (USD Million)
Figure 20    Global Laser Technology Market size, by Laser Processing, 2021 Vs. 2028 (USD Million)
Figure 21    Global Laser Technology Market size, by Macroprocessing, 2021 Vs. 2028 (USD Million)
Figure 22    Global Laser Technology Market size, by End User, 2021 Vs. 2028 (USD Million)    
Figure 23    Global Laser Technology Market size, by Geography, 2021 Vs. 2028 (USD Million)    
Figure 24    Key Adopters of Laser Products (2020)    
Figure 25    Key Growth Strategies Adopted by Leading Players, 2018-2020
Figure 26    Market Share Analysis, by Leading Players, 2020
Figure 27    Coherent, Inc.: Financial Overview, 2020    
Figure 28    TRUMPF GmbH + Co. KG: Financial Overview, 2020    
Figure 29    IPG Photonics Corporation: Financial Overview, 2020    
Figure 30    Han's Laser Technology Industry Group Co., Ltd.: Financial Overview, 2020
Figure 31    Lumentum Holdings Inc.: Financial Overview, 2020
Figure 32    JENOPTIK AG: Financial Overview, 2020    
Figure 33    Novanta Inc.: Financial Overview, 2020    
Figure 34    LUMIBIRD Group: Financial Overview, 2020    
Figure 35    MKS Instruments, Inc.: Financial Overview, 2020    
Figure 36    Corning Incorporated: Financial Overview, 2020
Figure 37    Bystronic Laser AG: Financial Overview, 2020    

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1.    Introduction
       1.1.    Market Definition
       1.2.    Currency and Limitations
                 1.2.1.     Currency 
                 1.2.2.    Limitations
       1.3.    Key Stakeholders

2.    Research Methodology
       2.1.    Research Process
       2.2.    Data Collection & Validation
                 2.2.1.    Secondary Research
                 2.2.2.    Primary Research
       2.3.    Market Assessment
                 2.3.1.    Market Size Estimation
                 2.3.2.    Bottom-Up Approach
                 2.3.3.    Top-Down Approach
                 2.3.4.    Growth Forecast
       2.4.    Assumptions for the Study

3.    Executive Summary

4.    COVID-19: Impact Assessment
       4.1.    Scenario A: Severe Impact
       4.2.    Scenario B: Moderate Recovery
       4.3.    Scenario C: Fast Recovery

5.    Market Insights
       5.1.    Introduction
                 5.1.1.    Drivers
                             5.1.1.1.     Rising Adoption of Laser Technology in the Electronics Sector
                             5.1.1.2.    Increasing Use of Laser for Medical Applications
                             5.1.1.2.    Shift Towards Micro and Nanodevices
                             5.1.1.3.    Demand for Laser-based Material Processing Over Traditional Processing
                 5.1.2.    Restraints
                             5.1.2.1.     High Initial Cost
                5.1.3.    Opportunities
                             5.1.3.1.    Use of Laser Technology in Robotics
                             5.1.3.2.    Applications of Laser for Optical Communication
                 5.1.4.    Challenges
                             5.1.4.1.    Technical Complexity in High Power Laser
       5.2.    Value Chain Analysis

6.    Global Laser Technology Market, by Type
       6.1.    Introduction
       6.2.    Solid-state Laser
                 6.2.1.    Fiber Laser
                 6.2.2.    Yttrium Aluminum Garnet (YAG) Laser
                 6.2.3.    Thin-disk Laser
                 6.2.4.    Ruby Laser
       6.3.    Gas Laser
                 6.3.1.    Co2 Laser
                 6.3.2.    Excimer Laser
                 6.3.3.    He-Ne laser
                 6.3.4.    Argon laser
                 6.3.5.    Chemical laser
       6.4.    Semiconductor Laser
       6.5.    Liquid Laser

7.    Global Laser Technology Market, by Application
       7.1.    Introduction
       7.2.    Laser Processing
                 7.2.1.    Macroprocessing 
                             7.2.1.1.    Cutting
                             7.2.1.2.    Welding
                             7.2.1.3.    Drilling
                 7.2.2.    Microprocessing
                 7.2.3.    Marking and Engraving 
       7.3.    Optical Communications
       7.4.    Other Applications

8.    Global Laser Technology Market, by End User
       8.1.    Introduction
       8.2.    Industrial
       8.3.    Semiconductor & Electronics
       8.4.    Automotive
       8.5.    Telecommunications
       8.6.    Aerospace & Defense
       8.7.    Healthcare
       8.8.    Commercial 
       8.9.    Others End Users 

9.    Global Laser Technology Market, by Geography
       9.1.    Introduction
       9.2.    Asia-Pacific (APAC)
                 9.2.1.    China
                 9.2.2.    Japan
                 9.2.3.    South Korea
                 9.2.4.    India
                 9.2.5.    Rest of Asia—Pacific
       9.3.    North America
                 9.3.1.    U.S.
                 9.3.2.    Canada
       9.4.    Europe
                 9.4.1.    Germany 
                 9.4.2.    U.K.
                 9.4.3.    France
                 9.4.4.    Italy
                 9.4.5.    Spain
                 9.4.6.    Rest of Europe 
       9.5.    Latin America
       9.6.    Middle East and Africa

10.    Competitive Landscape
         10.1    Introduction
         10.2.    Key Growth Strategies
         10.3.    Market Share Analysis (2020)
                     10.3.1.    Coherent, Inc.
                     10.3.2.    TRUMPF GmbH + Co. KG
                     10.3.3.    IPG Photonics Corporation
                     10.3.4.    Han's Laser Technology Industry Group Co., Ltd.
                     10.3.5.    Lumentum Operations LLC 

11.    Company Profiles 
         11.1.    Coherent, Inc. 
                     11.1.1.    Business Overview
                     11.1.2.    Financial Overview
                     11.1.3.    Product Portfolio
                     11.1.4.    Strategic Developments
         11.2.    TRUMPF GmbH + Co. KG
                     11.2.1.    Business Overview
                     11.2.2.    Financial Overview
                     11.2.3.    Product Portfolio
                     11.2.4.    Strategic Developments
         11.3.    IPG Photonics Corporation
                     11.3.1.    Business Overview
                     11.3.2.    Financial Overview
                     11.3.3.    Product Portfolio
                     11.3.4.    Strategic Developments
         11.4.    Han's Laser Technology Industry Group Co., Ltd. 
                     11.4.1.    Business Overview
                     11.4.2.    Financial Overview
                     11.4.3.    Product Portfolio
                     11.4.4.    Strategic Development 
         11.5.    Lumentum Holdings Inc. 
                     11.5.1.    Business Overview
                     11.5.2.    Financial Overview
                     11.5.3.    Product Portfolio
                     11.5.4.    Strategic Developments
         11.6.    JENOPTIK AG  
                     11.6.1.    Business Overview
                     11.6.2.    Financial Overview
                     11.6.3.    Product Portfolio
                     11.6.4.    Strategic Developments
         11.7.    Novanta Inc.
                     11.7.1.    Business Overview
                     11.7.2.    Financial Overview
                     11.7.3.    Product Portfolio
                     11.7.4.    Strategic Developments
         11.8.    LUMIBIRD Group
                     11.8.1.    Business Overview
                     11.8.2.    Financial Overview
                     11.8.3.    Product Portfolio
                     11.8.4.    Strategic Developments
         11.9.    LaserStar Technologies Corporation
                    11.9.1.    Business Overview 
                     11.9.2.    Product Portfolio
                     11.9.3.    Strategic Developments
         11.10.    Epilog Laser
                      11.10.1.    Business Overview
                      11.10.2.    Product Portfolio
                      11.10.3.    Strategic Developments 
         11.11.    MKS Instruments, Inc.
                      11.11.1.    Business Overview
                      11.11.2.    Financial Overview
                      11.11.3.    Product Portfolio
                      11.11.4.    Strategic Developments
         11.12.    Gravotech Marking 
                      11.12.1.    Business Overview
                      11.12.2.    Product Portfolio 
         11.13.    Corning Incorporated 
                      11.13.1.    Business Overview
                      11.13.2.    Financial Overview
                      11.13.3.    Product Portfolio
                      11.13.4.    Strategic Developments
         11.14.    eurolaser GmbH 
                      11.14.1.    Business Overview
                      11.14.2.    Product Portfolio
         11.15.    Bystronic Laser AG 
                      11.15.1.    Business Overview
                      11.15.2.    Financial Overview
                      11.15.3.    Product Portfolio
                      11.15.4.    Strategic Developments

12.    Appendix 
         12.1.    Questionnaire
         12.2.    Available Customization

List of Tables

Table 1    Impact of COVID-19 on Global Laser Technology Market (USD Million)
Table 2    Global Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 3    Global Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 4    Global Solid-State Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 5    Global Fiber Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6    Global Yttrium Aluminum Garnet (YAG) Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 7    Global Thin-disk Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8    Global Ruby Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 9    Global Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 10    Global Gas Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11    Global Co2 Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 12    Global Excimer Laser Market Size, by Country/Region, 2019–2028 (USD Million)
Table 13    Global He-Ne Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 14    Global Argon Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 15    Global Chemical Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 16    Global Semiconductor Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 17    Global Liquid Laser MarketSize, by Country/Region, 2019–2028 (USD Million)
Table 18    Global Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 19    Global Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 20    Global Laserprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 21    Global Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 22    Global Macroprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 23    Global Cutting Market Size, by Country/Region, 2019–2028 (USD Million)
Table 24    Global Welding Market Size, by Country/Region, 2019–2028 (USD Million)
Table 25    Global Drilling Market Size, by Country/Region, 2019–2028 (USD Million)
Table 26    Global Microprocessing Market Size, by Country/Region, 2019–2028 (USD Million)
Table 27    Global Marking & Engraving Market Size, by Country/Region, 2019–2028 (USD Million)
Table 28    Global Optical Communications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 29    Global Other Applications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 30    Global Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 31    Global Industrial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 32    Global Semiconductor & Electronics Market Size, by Country/Region, 2019–2028 (USD Million)
Table 33    Global Automotive Market Size, by Country/Region, 2019–2028 (USD Million)
Table 34    Global Telecommunications Market Size, by Country/Region, 2019–2028 (USD Million)
Table 35    Global Aerospace & Defense Market Size, by Country/Region, 2019–2028 (USD Million)
Table 36    Global Healthcare Market Size, by Country/Region, 2019–2028 (USD Million)
Table 37    Global Commercial Market Size, by Country/Region, 2019–2028 (USD Million)
Table 38    Global Other End Users Market Size, by Country/Region, 2019–2028 (USD Million)
Table 39    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 40    Global Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 41    Asia-Pacific: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 42    Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 43    Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 44    Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 45    Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 46    Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 47    Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 48    Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 49    China: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 50    China: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 51    China: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 52    China: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 53    China: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 54    China: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 55    China: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 56    Japan: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 57    Japan: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 58    Japan: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 59    Japan: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 60    Japan: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 61    Japan: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 62    Japan: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 63    South Korea: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 64    South Korea: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 65    South Korea: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 66    South Korea: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 67    South Korea: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 68    South Korea: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 69    South Korea: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 70    India: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 71    India: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 72    India: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 73    India: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 74    India: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 75    India: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 76    India: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 77    Rest of Asia-Pacific: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 78    Rest of Asia-Pacific: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 79    Rest of Asia-Pacific: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 80    Rest of Asia-Pacific: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 81    Rest of Asia-Pacific: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 82    Rest of Asia-Pacific: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 83    Rest of Asia-Pacific: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 84    North America: Laser Technology Market Size, by Country/Region, 2019–2028 (USD Million)
Table 85    North America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 86    North America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 87    North America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 88    North America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 89    North America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 90    North America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 91    North America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 92    U.S.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 93    U.S.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 94    U.S.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 95    U.S.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 96    U.S.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 97    U.S.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 98    U.S.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 99    Canada: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 100    Canada: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 101    Canada: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 102    Canada: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 103    Canada: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 104    Canada: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 105    Canada: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 106    Europe: Laser Technology Market Size, by Country, 2019–2028 (USD Million)
Table 107    Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 108    Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 109    Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 110    Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 111    Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 112    Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 113    Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 114    Germany: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 115    Germany: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 116    Germany: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 117    Germany: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 118    Germany: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 119    Germany: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 120    Germany: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 121    U.K.: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 122    U.K.: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 123    U.K.: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 124    U.K.: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 125    U.K.: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 126    U.K.: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 127    U.K.: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 128    France: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 129    France: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 130    France: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 131    France: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 132    France: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 133    France: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 134    France: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 135    Italy: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 136    Italy: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 137    Italy: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 138    Italy: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 139    Italy: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 140    Italy: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 141    Italy: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 142    Spain: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 143    Spain: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 144    Spain: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 145    Spain: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 146    Spain: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 147    Spain: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 148    Spain: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 149    Rest of Europe: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 150    Rest of Europe: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 151    Rest of Europe: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 152    Rest of Europe: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 153    Rest of Europe: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 154    Rest of Europe: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 155    Rest of Europe: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 156    Latin America: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 157    Latin America: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 158    Latin America: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 159    Latin America: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 160    Latin America: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 161    Latin America: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 162    Latin America: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 163    Middle East & Africa: Laser Technology Market Size, by Type, 2019–2028 (USD Million)
Table 164    Middle East & Africa: Laser Technology Market Size, by Solid-state Laser, 2019–2028 (USD Million)
Table 165    Middle East & Africa: Laser Technology Market Size, by Gas Laser, 2019–2028 (USD Million)
Table 166    Middle East & Africa: Laser Technology Market Size, by Application, 2019–2028 (USD Million)
Table 167    Middle East & Africa: Laser Technology Market Size, by Laserprocessing, 2019–2028 (USD Million)
Table 168    Middle East & Africa: Laser Technology Market Size, by Macroprocessing, 2019–2028 (USD Million)
Table 169    Middle East & Africa: Laser Technology Market Size, by End User, 2019–2028 (USD Million)
Table 170    Recent developments, by Company, 2018-2020


List of Figures 

Figure 1        Scope of the Global Laser Technology Market    
Figure 2        Key Stakeholders of the Global Laser Technology Market    
Figure 3        Research Process    
Figure 4        Key Secondary Sources    
Figure 5        Primary Research Techniques
Figure 6        Key Executives Interviewed    
Figure 7        Market Sizing and Growth Forecast Approach    
Figure 8        Key Insights    
Figure 9        Meticulous Research Estimates: by Type
Figure 10    Meticulous Research Estimates: by Application
Figure 11    Meticulous Research Estimates: by End User    
Figure 12    global laser technology MARKET share, by Geography, 2020    
Figure 13    COVID-19 Impact on the Global Laser Technology Market
Figure 14    Market Dynamics    
Figure 15    Value Chain of Laser Technology Market    
Figure 16    Global Laser Technology Market size, by Type, 2021 Vs. 2028 (USD Million)    
Figure 17    Global Laser Technology Market size, by Solid-state Laser, 2021 Vs. 2028 (USD Million)
Figure 18    Global Laser Technology Market size, by Gas Laser, 2021 Vs. 2028 (USD Million)
Figure 19    Global Laser Technology Market size, by Application, 2021 Vs. 2028 (USD Million)
Figure 20    Global Laser Technology Market size, by Laser Processing, 2021 Vs. 2028 (USD Million)
Figure 21    Global Laser Technology Market size, by Macroprocessing, 2021 Vs. 2028 (USD Million)
Figure 22    Global Laser Technology Market size, by End User, 2021 Vs. 2028 (USD Million)    
Figure 23    Global Laser Technology Market size, by Geography, 2021 Vs. 2028 (USD Million)    
Figure 24    Key Adopters of Laser Products (2020)    
Figure 25    Key Growth Strategies Adopted by Leading Players, 2018-2020
Figure 26    Market Share Analysis, by Leading Players, 2020
Figure 27    Coherent, Inc.: Financial Overview, 2020    
Figure 28    TRUMPF GmbH + Co. KG: Financial Overview, 2020    
Figure 29    IPG Photonics Corporation: Financial Overview, 2020    
Figure 30    Han's Laser Technology Industry Group Co., Ltd.: Financial Overview, 2020
Figure 31    Lumentum Holdings Inc.: Financial Overview, 2020
Figure 32    JENOPTIK AG: Financial Overview, 2020    
Figure 33    Novanta Inc.: Financial Overview, 2020    
Figure 34    LUMIBIRD Group: Financial Overview, 2020    
Figure 35    MKS Instruments, Inc.: Financial Overview, 2020    
Figure 36    Corning Incorporated: Financial Overview, 2020
Figure 37    Bystronic Laser AG: Financial Overview, 2020    

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