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US Laser Processing Market (2022-2027) by Laser Type, Configuration, Application, End-User Industry, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 184 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585604
The US Laser Processing Market is estimated to be USD 1.84 Bn in 2022 and is projected to reach USD 2.63 Bn by 2027, growing at a CAGR of 7.4%.

Market dynamics are forces that impact the prices and behaviors of the US Laser Processing Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Laser Processing Market is segmented based on Laser Type, Configuration, Application, End-User Industry.
  • By Laser Type, the market is classified into Gas Lasers, Solid-State Lasers, and Liquid Lasers.
  • By Configuration, the market is classified into Laser Processing Configuration and Laser Cutting and Engraving Configuration.
  • By Application, the market is classified into Cutting, Welding, Drilling, Marking & Engraving, Microprocessing, Advanced Processing, and and Others.
  • By End-User Industry, the market is classified into Machine Tools, Microelectronics, Automotive, Medical & Life Sciences, Aerospace & Defense, Architecture, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are IPG Photonics Corp, Han's Laser Technology Industry Group Co. Ltd, Lumentum Holdings Inc, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Laser Processing Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Laser Processing Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Laser Processing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Laser Processing Market

What is the estimated value of the US Laser Processing Market?

The US Laser Processing Market was estimated to be valued at $1.84 Billion in 2022.

What is the growth rate of the US Laser Processing Market?

The growth rate of the US Laser Processing Market is 7.4%, with an estimated value of $2.63 Billion by 2027.

What is the forecasted size of the US Laser Processing Market?

The US Laser Processing Market is estimated to be worth $2.63 Billion by 2027.

Who are the key companies in the US Laser Processing Market?

Key companies in the US Laser Processing Market include IPG Photonics Corp, Han's Laser Technology Industry Group Co. Ltd, Lumentum Holdings Inc, Jenoptik AG, Novanta Inc and Corning Inc.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Preference for Laser-Based Material Processing over Traditional Approaches
4.1.2 Increasing Demand for High-Quality and Genuine Products
4.1.3 Demand for Miniaturization of Microelectronic Devices
4.1.4 Technological Advancements in Medical Sector
4.2 Restraints
4.2.1 High Deployment Cost and Lack of Personnel with Required Technical Expertise
4.3 Opportunities
4.3.1 Growing Number of Application Areas
4.3.2 Surging Demand for Custom Marking and Engraving
4.3.3 Increasing Automation across Manufacturing Sector
4.4 Challenges
4.4.1 Technical Complexities in High-Power Lasers
4.4.2 Environmental Concerns over Use of Rare Earth Elements
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Laser Processing Market, By Laser Type
6.1 Introduction
6.2 Gas Lasers
6.2.1 CO2 Lasers
6.2.2 Excimer/Diode Lasers
6.2.3 HE-NE Lasers
6.2.4 Argon Lasers
6.2.5 Chemical lasers
6.3 Solid-state Lasers
6.3.1 Fiber Lasers
6.3.2 Ruby Lasers
6.3.3 Yttrium Aluminum Garnet (YAG) Lasers
6.3.4 Semiconductor Lasers
6.3.5 Thin-disk Lasers Liquid Lasers
6.4 Liquid Lasers
6.4.1 X-Ray Lasers
6.4.2 Dye Lasers
7 US Laser Processing Market, By Configuration
7.1 Introduction
7.2 Laser Processing Configuration
7.2.1 Fixed Beam
7.2.2 Moving Beam
7.2.3 Hybrid
7.3 Laser Cutting and Engraving Configuration
7.3.1 Raster Mode
7.3.2 Vector Mode
8 US Laser Processing Market, By Application
8.1 Introduction
8.2 Cutting
8.2.1 Fusion Cutting
8.2.2 Flame Cutting
8.2.3 Sublimation Cutting
8.3 Welding
8.4 Drilling
8.4.1 Single-Pulse Drilling
8.4.2 Percussion Drilling
8.4.3 Trepanning Drilling
8.4.4 Helical Drilling
8.5 Marking & Engraving
8.5.1 Direct Laser Engraving
8.5.2 Subsurface Laser Engraving
8.5.3 Direct Photo
9 US Laser Processing Market, By End-User Industry
9.1 Introduction
9.2 Machine Tools
9.2.1 Microelectronics
9.2.2 Flat-Panel Display (Fpd)
9.2.3 Advanced Packaging & Interconnects
9.2.4 Micromachining
9.2.5 Semiconductor Manufacturing
9.3 Automotive
9.4 Medical & Life Sciences
9.4.1 Laser Vision Correction
9.4.2 Confocal Microscope
9.4.3 Optogenetics
9.4.4 Others
9.5 Aerosp
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 IPG Photonics Corp
11.2 Han's Laser Technology Industry Group Co. Ltd
11.3 Lumentum Holdings Inc
11.4 Jenoptik AG
11.5 Novanta Inc
11.6 LUMIBIRD Group
11.7 Corning Inc
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • IPG Photonics Corp
  • Han's Laser Technology Industry Group Co. Ltd
  • Lumentum Holdings Inc
  • Jenoptik AG
  • Novanta Inc
  • LUMIBIRD Group
  • Corning Inc