The Market Reports

Synopsis
The global market for Laser Material Processing was estimated to be worth US$ 29400 million in 2024 and is forecast to a readjusted size of US$ 67050 million by 2031 with a CAGR of 12.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Laser Material Processing cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Laser Material Processing is a laser processing and laser integrated system. The traditionally used tools are easy to wear and break, but laser welding, cutting, drilling and marking do not have any mechanical contact, so they can ensure stable performance. This report mainly studies laser automation market, which includes laser cutting machine, laser marking machine, laser welding machine, precision laser processing system and etc.
With the rise of Industry 4.0 and smart manufacturing, the importance of laser processing equipment in production processes is gradually increasing.More industries, particularly electronics, automotive, and aerospace, are requiring high-precision and high-efficiency processing tools, which laser processing equipment can meet.Laser processing is a more environmentally friendly option compared to traditional methods due to its non-contact nature, reducing waste and pollution, which is advantageous in increasingly stringent environmental markets.
With continuous advancements in laser sources (such as fiber lasers, CO2 lasers, etc.), the performance of laser processing equipment has been significantly improved, allowing it to process more complex materials and perform more delicate tasks.The CNC systems and automation technologies of laser equipment are continuously improving, making the processing more efficient, precise, and reducing the need for manual intervention.
Global key players of Laser Material Processing include Han's Laser, Trumpf, Bystronic, Coherent, Amada, etc. The top three players hold a share over 15%. Asia-Pacific is the largest market, with a share about 47%, followed by Americas and Europe, with share 32% and 18%, separately. In terms of product type, Laser Cutting Machine is the largest segment, occupied for a share of 32%. In terms of application, Automotive is the largest one, which has a share about 30 percent.
This report aims to provide a comprehensive presentation of the global market for Laser Material Processing, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Laser Material Processing by region & country, by Type, and by Application.
The Laser Material Processing market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laser Material Processing.
Market Segmentation
By Company
Han's Laser
Trumpf
Bystronic
Coherent
Amada
Mazak
HGTECH
Trotec
Prima Power
Mitsubishi Electric
Jinan Bodor
Hymson Laser
HSG Laser
DR Laser
Quick Laser
Chutian Laser
Lead Laser
Gravotech
LVD Group
Tianqi Laser
Videojet Technologies Inc.
IPG Photonics
Tanaka
Cincinnati
CTR Lasers
Koike
FOBA (ALLTEC GmbH)
JiangSu YAWEI
United Winners Laser
Golden Laser
Segment by Type
Laser Cutting Machine
Laser Marking Machine
Laser Welding Machine
Precision Laser Processing System
Others
Segment by Application
Automotive
Semiconductor & Electronics
Packaging
Machine Industry
Aerospace & Defense
Food & Medicine
Oil & Gas
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Laser Material Processing manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Laser Material Processing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Laser Material Processing in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index