Laser Processing Market Report 2026

The laser processing market size has grown rapidly in recent years. It will grow from $21.87 billion in 2025 to $24.21 billion in 2026 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to growth of industrial manufacturing, demand for high-precision fabrication, adoption of cnc technologies, expansion of electronics production, advancement in laser sources.

The laser processing market size is expected to see rapid growth in the next few years. It will grow to $36.42 billion in 2030 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to industry 4.0 adoption, growth in electric vehicle manufacturing, demand for lightweight materials, investments in automated fabrication, expansion of microelectronics production. Major trends in the forecast period include expansion of multi-process laser applications, rising adoption of precision material processing, integration of lasers in smart manufacturing, growing demand for microprocessing techniques, shift toward non-contact manufacturing.

The increasing use of lasers in medical devices and surgeries is significantly driving the growth of the laser processing market. Medical lasers are applied across various specialties, including ophthalmology, dermatology, plastic surgery, and dental procedures, as well as intraabdominal, cardiothoracic, neurologic, gynecologic, and urologic surgeries. Lasers provide a focused, coherent light source capable of delivering intense energy to precise locations. For example, in December 2024, the Securities and Exchange Commission, a US-based independent federal agency, reported that approximately 5.2 million refractive procedures, mainly laser vision surgeries, were expected to be performed worldwide in 2024. Therefore, the growing adoption of lasers in medical devices and surgical procedures is anticipated to boost demand in the laser processing market during the forecast period.

Major companies in the laser processing market are emphasizing remote monitoring technologies, such as mobile connectivity. This feature in laser systems enables users to remotely monitor and control system settings through a smartphone app, improving convenience and operational flexibility. For example, in May 2024, Laser Photonics Corporation (LPC), a US-based machine industry company, introduced its next-generation CleanTech laser cleaning systems, designed for tasks like cleaning, finishing, roughening, and surface preparation. This updated series includes mobile connectivity for remote monitoring, a compact scan head for easier handling, and smart overheat protection that stops operations if temperatures exceed 122°F (50°C). Moreover, the smartphone app allows users to easily control settings. LPC's new CleanTech systems enhance usability and safety, serving a wide range of clients from small businesses to large manufacturers and government entities, while delivering precise and efficient surface cleaning solutions.

In September 2025, Laser Photonics Corporation, a US-based provider of industrial laser systems for cleaning, surface treatment, and material-processing applications, acquired Beamer Laser Marking Systems through an all-stock deal (3 million LASE shares plus 1 warrant for 3 million shares at a $4.34 exercise price). With this acquisition, Laser Photonics aimed to diversify its product portfolio and strengthen its position in the laser-marking and material-processing market by leveraging Beamer’s established customer base, distribution network, and U.S.-manufactured marking systems. Beamer Laser Marking Systems is a US-based provider of industrial fiber- and CO₂-laser marking equipment, offering permanent marking solutions (serial numbers, barcodes, and part identification) for metal, plastic, and composite parts used across industrial manufacturing, aerospace, automotive, medical device, and consumer product sectors.

Major companies operating in the laser processing market are Coherent Inc., TRUMPF Inc., Han's Laser Technology Industry Group Co. Ltd., IPG Photonics Corporation, Jenoptik AG, Rofin-Sinar Technologies Inc., Bystronic Laser AG, Prima Power Group, Amada Miyachi America Inc., Mitsubishi Electric Corporation, nLIGHT Inc., Lumentum Holdings Inc., SPI Lasers UK Ltd., Ekspla, FANUC Corporation, II-VI Incorporated, Trotec Laser GmbH, LaserStar Technologies Corporation, NKT Photonics A/S, MKS Instruments Inc., Laserline GmbH, Convergent Photonics Corporation, ALPHA LASER GmbH, Photonics Industries International Inc., Cy-laser s.r.l.

Asia-Pacific was the largest region in the laser processing market in 2025, and it is also expected to be the fastest-growing region in the laser processing market share during the forecast period. The regions covered in the laser processing market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the laser processing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The laser processing market includes revenues earned by entities by providing services such as surface modification, precision welding, micro-drilling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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