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LAMEA Industrial Lasers Systems Market Size, Share & Industry Trends Analysis Report By Type, By Power, By Application, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 88 Pages
  • May 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615506
The Latin America, Middle East and Africa Industrial Laser Systems Market is expected to witness market growth of 10.1% CAGR during the forecast period (2022-2028).

Unique identity (UID) numbers are frequently imprinted on parts and products using lasers, allowing it to be easily identified in the case of a recall. Laser marks are extremely durable and, in the case of medical devices, can resist multiple sterilization cycles. On goods with flat or curved part geometries, both human-readable and bar codes information, such as lot and batch codes and sometimes even design histories, could be laser-marked.

On the faces of components or goods, lasers can create textures or patterned micro structures that increase physical performance, such like wear rates, optical characteristics, grip, and load capacity. On medical implants, laser micro texturing can produce roughness that helps new tissue or bone gain traction and develop into the implant. With a very great depth resolution, layouts with features as small as 10m can be created.

In 2020, Saudi Arabia accounted for over 52% of vehicle sales in the Gulf Cooperation Council (GCC) and 35% in the Middle East and North Africa (MENA). In 2019 and 2020, Saudi Arabia sold 556,000 and 436,000 vehicles, respectively. By 2025, sales are expected to reach 543,000 units, with just 32,000 of those being electric cars (EVs). The automotive industry in Middle East region is strengthening due to the increasing government efforts and entrance of various companies in the region.

Toyota has a 30% market share in Saudi Arabia, followed by Hyundai and KIA with 26% and Renault-Nissan-Mitsubishi with 9%. The remaining companies are General Motors, Ford, and Fiat Chrysler Automobiles. By 2025, the GCC region is expected to sell 62,000 electric vehicles. Despite this, there are just four commercial vehicle assembly plants, all of which produce minimal volumes. The manufacturing plants of various automotive items are increasingly employing latest systems and machinery, which is contributing to the growth of the regional industrial laser systems market.

The Brazil market dominated the LAMEA Industrial Lasers Systems Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $620.3 Million by 2028. The Argentina market is anticipated to grow at a CAGR of 10.7% during (2022 - 2028). Additionally, The UAE market is expected to display a CAGR of 9.9% during (2022 - 2028).

Based on Type, the market is segmented into Macro processing and Micro processing. Based on Power, the market is segmented into More than 1.1 kW and Less than 1 kW. Based on Application, the market is segmented into Cutting, Welding, Non-metal processing, Additive manufacturing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coherent, Inc., NKT Photonics A/S (NKT A/S), IPG Photonics Corporation, Jenoptik AG, TRUMPF GmbH + Co. KG, LUMIBIRD, Amonics Ltd., Apollo Instruments Inc., CY Laser SRL, and TOPTICA Photonics AG.

Scope of the Study


Market Segments Covered in the Report:


By Type

  • Macro processing
  • Micro processing

By Power

  • More than 1.1 kW
  • Less than 1 kW

By Application

  • Cutting
  • Welding
  • Non-metal processing
  • Additive manufacturing
  • Others

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Key Market Players


List of Companies Profiled in the Report:

  • Coherent, Inc.
  • NKT Photonics A/S (NKT A/S)
  • IPG Photonics Corporation
  • Jenoptik AG
  • TRUMPF GmbH + Co. KG
  • LUMIBIRD
  • Amonics Ltd.
  • Apollo Instruments Inc.
  • CY Laser SRL
  • TOPTICA Photonics AG

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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Industrial Lasers Systems Market, by Type
1.4.2 LAMEA Industrial Lasers Systems Market, by Power
1.4.3 LAMEA Industrial Lasers Systems Market, by Application
1.4.4 LAMEA Industrial Lasers Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr - 2022, Jan) Leading Players
Chapter 4. LAMEA Industrial Lasers Systems Market by Type
4.1 LAMEA Macro processing Market by Country
4.2 LAMEA Micro processing Market by Country
Chapter 5. LAMEA Industrial Lasers Systems Market by Power
5.1 LAMEA More than 1.1 kW Market by Country
5.2 LAMEA Less than 1 kW Market by Country
Chapter 6. LAMEA Industrial Lasers Systems Market by Application
6.1 LAMEA Cutting Market by Country
6.2 LAMEA Welding Market by Country
6.3 LAMEA Non-metal processing Market by Country
6.4 LAMEA Additive manufacturing Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Industrial Lasers Systems Market by Country
7.1 Brazil Industrial Lasers Systems Market
7.1.1 Brazil Industrial Lasers Systems Market by Type
7.1.2 Brazil Industrial Lasers Systems Market by Power
7.1.3 Brazil Industrial Lasers Systems Market by Application
7.2 Argentina Industrial Lasers Systems Market
7.2.1 Argentina Industrial Lasers Systems Market by Type
7.2.2 Argentina Industrial Lasers Systems Market by Power
7.2.3 Argentina Industrial Lasers Systems Market by Application
7.3 UAE Industrial Lasers Systems Market
7.3.1 UAE Industrial Lasers Systems Market by Type
7.3.2 UAE Industrial Lasers Systems Market by Power
7.3.3 UAE Industrial Lasers Systems Market by Application
7.4 Saudi Arabia Industrial Lasers Systems Market
7.4.1 Saudi Arabia Industrial Lasers Systems Market by Type
7.4.2 Saudi Arabia Industrial Lasers Systems Market by Power
7.4.3 Saudi Arabia Industrial Lasers Systems Market by Application
7.5 South Africa Industrial Lasers Systems Market
7.5.1 South Africa Industrial Lasers Systems Market by Type
7.5.2 South Africa Industrial Lasers Systems Market by Power
7.5.3 South Africa Industrial Lasers Systems Market by Application
7.6 Nigeria Industrial Lasers Systems Market
7.6.1 Nigeria Industrial Lasers Systems Market by Type
7.6.2 Nigeria Industrial Lasers Systems Market by Power
7.6.3 Nigeria Industrial Lasers Systems Market by Application
7.7 Rest of LAMEA Industrial Lasers Systems Market
7.7.1 Rest of LAMEA Industrial Lasers Systems Market by Type
7.7.2 Rest of LAMEA Industrial Lasers Systems Market by Power
7.7.3 Rest of LAMEA Industrial Lasers Systems Market by Application
Chapter 8. Company Profiles
8.1 Coherent, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 NKT Photonics A/S (NKT A/S)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 IPG Photonics Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Jenoptik AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Geographical Expansions:
8.5 TRUMPF GmbH + Co. KG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 LUMIBIRD
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Amonics Ltd.
8.7.1 Company Overview
8.8 Apollo Instruments, Inc.
8.8.1 Company Overview
8.9 CY Laser SRL
8.9.1 Company Overview
8.10. TOPTICA Photonics AG
8.10.1 Company Overview

Companies Mentioned

  • Coherent, Inc.
  • NKT Photonics A/S (NKT A/S)
  • IPG Photonics Corporation
  • Jenoptik AG
  • TRUMPF GmbH + Co. KG
  • LUMIBIRD
  • Amonics Ltd.
  • Apollo Instruments Inc.
  • CY Laser SRL
  • TOPTICA Photonics AG

Methodology

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