The global laser processing market size is expected to reach USD 9.79 Billion in 2032 and register a revenue CAGR of 7.8% during the forecast period, according to the latest analysis by Emergen Research. Steady market revenue growth can be attributed to technological advancements in medical sector. Lasers are now frequently employed in a variety of medicinal applications. Surgery, ophthalmology, dermatology, angioplasty, cancer therapy, urology, and aesthetic applications such as laser hair removal, tattoo removal, and liposuction are examples of these. When laser radiation strikes human tissues, several phenomena such as reflection, transmission, scattering, re-emission, and absorption can occur. The absorption phenomenon is the most crucial. Oxyhemoglobin (in blood), the oxygen-transporting protein in the blood, absorption of Ultraviolet (UV), and blue and green light are principal laser-absorbing components in tissues. Excimer, argon, Potassium-Titanyl-Phosphate (KTP), Dye, and Ruby lasers for selective absorption, and Melanin, a pigment in skin, hair, and moles, absorption in visible and near Infrared (IR) light (400nm - 1000nm). Diode and Neodymium-Doped Yttrium Aluminum Garnet (Nd: YAG) lasers are examples of selective melanin absorption lasers.
The Laser Processing Market report offers a comprehensive overview of the market along with details about market size, market share, revenue growth, and top companies. The report covers all crucial and essential information related to global Laser Processing market to help readers, investors, clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools such as SWOT analysis or Porter’s Five Forces are used in the report.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Laser Processing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Coherent, Trumpf, Han’s Laser, IPG Photonics, Jenoptik, Lumentum, Gravotech, Laserstar, Lumibird, Epilog Laser
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Emergen Research has segmented the global Laser Processing market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Laser Type Outlook (Revenue, USD Billion; 2019–2032)
Solid Lasers
Fiber Lasers
Ruby Lasers
Yttrium Aluminum Garnet (YAG) Lasers
Semiconductor Lasers
Thin-Disk Lasers
Liquid Lasers
X-Ray Lasers
Dye Lasers
Gas Lasers
Co2 Lasers
Excimer/Diode Lasers
HE-NE Lasers
Argon Lasers
Chemical Lasers
Others
Revenue Outlook (Revenue, USD Billion; 2019–2032)
System Revenue
Laser Revenue
Configuration Outlook (Revenue, USD Billion; 2019–2032)
Laser Processing
Fixed Beam
Moving Beam
Hybrid
Laser Cutting and Engraving
Raster Mode
Vector Mode
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Laser Processing Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Laser Processing Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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