Laser Processing Market expected to reach $3.77 Billion at a CAGR of 9.71%

The E&SC practice at MarketsandMarkets is pleased to announce its Analyst Briefing presentation on the “Laser Processing Market (2013 – 2018): Technology (CO2, YAG, Fiber Laser), Process (Engraving, Marking, Cutting, Drilling), Application (Electronics, Machining, Auto, Signage), Material (Metals, Polymers), Machine Configuration, Vertical, & Geography”.

The laser processing market report deals with all the types of material processes which has migrated from the mechanical procedures to the laser procedures. One of the main reason for this shift is the high speed, high accuracy, and low cost advantage of lasers over mechanical tools. Such characteristics prove decisive for the bottom line since they help to ramp up the production without incurring very high costs. Also, the increased efficiency helps to increase the throughput for a typical manufacturing company.

The report is aimed at identifying the entire market of lasers for the material processing purpose which includes applications from verticals such as; architecture, aerospace, automotive, commercial, consumer electronics, general machine tooling, and semiconductor & electronics. Along the datasets fro above mentioned verticals, the report also includes their segmentation by various processes and geographic regions. The report covers the overall market and sub-segment markets through extensively detailed classifications, in terms of – revenue and ASPs.

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The market is divided as per five basic parameters: technology, process, machine configuration, vertical, and geography.

Given below is the detailed explanation of the segments:

By Technology:

The report focuses on the major laser oscillator technologies such as CO2 lasers, excimer lasers, solid state lasers, fiber lasers, and semiconductor lasers. The section includes segmentation of laser technologies by various processes. Along with the revenue, $ per watt value of each laser type is discussed in the segment.

By Process:

In this section, the entire Laser Processing Market is segmented into five major processes: cutting, drilling, marking & engraving, micro-processing, and advanced processing. First three processes are the major contributors to the market, whereas, latter two are the emerging processes. The market data for each type of process is given with respect to industry verticals and applications.

By Machine Configuration

Three machine configuration types; moving material, flying optics, and hybrid types are considered for the analysis. Each type is defined and the analyzed based on the market drivers and market restraints.

By Vertical

As mentioned above, six types of verticals are considered for the analysis: architecture, aerospace, automotive, commercial, consumer electronics, general machine tooling, and semiconductor & electronics. The report includes a cross segmentation datasets consisting of processes market by technology and processes market by verticals. This gives an in-depth view of the market and helps to differentiate high volume sales, saturated technology from the fast growing technology.

By Geography:

The market is geographically segmented into North America, Europe, APAC and ROW, which gives a detailed insight about the potential and emerging regions of the laser processing market. APAC is further segmented into China, Japan, South Korea, and Rest of the APAC.

Apart from the market segmentation, report also includes the critical market data showing the price trend analysis for each technology type, Porter’s five force analysis, value chain with detailed process flow diagram, and market dynamics such as drivers, restraints, and opportunities.

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