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Laser Systems, Components and Materials Market- Product Image
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Laser Systems, Components and Materials Market

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  • 143 Pages
  • April 2025
  • Region: Global
  • BCC Research
  • ID: 6072187
Description Jump to:
The global market for laser systems, components and materials is expected to grow from $21 billion in 2024 to reach $30.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.7% from 2024 through 2029.

The global laser technology market is growing steadily because increasing numbers of industries including manufacturing, healthcare, telecommunications, and defense are using lasers systems in greater numbers. Factories are adopting laser-based tools for applications such as cutting, welding, and engraving as they move toward automation and precision manufacturing. In the telecom sector, the need for faster data transfer is increasing the use of fiber-optic lasers. Lasers are also becoming important in healthcare for diagnostics, surgeries, and beauty treatments. Lasers are now widely used in manufacturing semiconductors, especially for tasks such as wafer inspection and lithography. In the defense sector, laser-based weapons and advanced surveillance systems are increasingly developed and modernized for enhanced precision and performance. All these factors support the laser market growth worldwide.

Report Scope

This report provides a comprehensive overview of the global market for laser systems, components, and materials and a detailed analysis of the market players’ products and key initiatives. Using 2023 as the base year, the report provides estimated market data for 2024, and the market values are forecast from 2024 through 2029. It also includes details about the different applications and end-use verticals for laser technology. Projected revenue values are in constant U.S. dollars that have not been adjusted for inflation.

The global market for laser systems, components and materials has been divided into the following market segments:
  • Type: Solid-state lasers, semiconductor lasers, gas lasers, liquid lasers.
    • Solid-state lasers are further segmented into fiber lasers, Nd:YAG lasers, and others (bulk crystal solid-state lasers and thin-disk lasers).
    • Gas lasers are further segmented into CO2 lasers, excimer lasers, He-Ne lasers, and other gas lasers (chemical and argon lasers).

  • End use: Industrial, semiconductor and electronics, medical and aesthetics, telecommunications, defense and surveillance, instrumentation and scientific research, automotive, and others (retail, consumer electronics, and entertainment).
  • Application: Macro-processing and micro-processing.
  • Region: North America, Europe, Asia-Pacific, and Rest of the World.

The report includes:

  • 63 data tables and 52 additional tables
  • Analyses of global market trends for laser systems, components and materials, with market revenue data for 2023, estimates for 2024, and forecasts for 2025 and 2027, and projected CAGRs through 2029
  • Size and growth forecasts for the global market, and a corresponding market share analysis by laser type, application, end use, and region
  • Facts and figures pertaining to current trends, market dynamics, technological advances, regulations and standards, and the impact of macroeconomic factors
  • Insights derived from the Porter’s Five Forces model, as well as global value/supply chain analyses, and case studies
  • Review of emerging trends and technologies, and new developments in the laser market
  • Evaluation of recent patent activity and key granted and published patents
  • Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
  • Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
  • Profiles of leading companies, including TRUMPF, IPG Photonics Corp., Coherent Corp., Han’s Laser Technology Industry Group Co. Ltd., and Lumentum Operations LLC.

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Scope of the Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Future Trends and Developments
  • Segmental Analysis
  • Regional Insights and Emerging Markets
  • Conclusion
Chapter 2 Market Overview
  • Current Market Overview and Future Expectations
  • Porter's Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Potential for New Entrants in the Market
  • Threat of Substitutes
  • Competition in the Industry
  • Value Chain Analysis
  • Raw Material Providers
  • Component Manufacturers
  • Laser System Manufacturing and Integration
  • Sales and Distribution
  • End Users
  • Regulatory Landscape
  • North America
  • Asia-Pacific
  • Europe
  • Rest of the World
  • Case Studies
  • Renishaw Plc.: Laser Interferometry to Ensure Spherical Lens Quality
  • ADHMT: Using Fiber Lasers to Enhance Precision in Medical Implant Manufacturing
  • Macroeconomic Factors Impacting the Laser Industry
  • Impact of the Russia-Ukraine War
  • Advances in Telecom Networks and 5G Deployments Worldwide
  • Investments in the Defense Sector for Advanced Weapons Development
Chapter 3 Market Dynamics
  • Market Dynamics Snapshot
  • Market Drivers
  • Market Restraints and Challenges
  • Current Market Trends
  • Market Opportunities
Chapter 4 Emerging Technologies and Developments
  • Overview
  • Emerging Technologies in Laser Systems
  • Ultrafast Lasers
  • Extreme Ultraviolet (EUV) Lithography
  • Mid-Infrared (MIR) Lasers
  • Integration of AI and Machine Learning with Lasers
  • Patent Analysis
  • Key Patent Analysis for Laser Technology
  • Key Takeaways
Chapter 5 Market Segmentation Analysis
  • Segmentation Breakdown
  • Global Laser Technology Market, by Type
  • Key Takeaways
  • Solid-state Lasers
  • Semiconductor Lasers
  • Gas Lasers
  • Liquid Lasers
  • Global Laser Technology Market, by End Use
  • Key Takeaways
  • Industrial
  • Semiconductor and Electronics
  • Medical and Aesthetics
  • Telecommunications
  • Defense and Surveillance
  • Instrumentation and Scientific Research
  • Automotive
  • Other End Uses
  • Global Laser Technology Market, by Application
  • Key Takeaways
  • Macro-processing
  • Micro-processing
  • Geographic Breakdown
  • Global Laser Technology Market, by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
Chapter 6 Competitive Intelligence
  • Overview
  • Product Mapping of Key Players
  • Market Rankings of Top Players
  • TRUMPF SE + Co. KG
  • Han's Laser Technology Industry Group Co. Ltd.
  • Coherent Corp.
  • IPG Photonics Corp.
  • Lumentum Operations LLC.
  • Strategic Analysis
Chapter 7 Sustainability in the Laser Technology Industry: ESG Perspective
  • Introduction to ESG
  • Environmental Impact/Performance
  • Social Impact/Performance
  • Governance Impact/Performance
  • Case Studies
  • Coherent Corp.
  • IPG Photonics Corp.
  • TRUMPF SE + Co. KG
  • Concluding Remarks
Chapter 8 Appendix
  • Methodology
  • Research Steps
  • References
  • Acronyms
  • Company Profiles
  • BYSTRONIC GROUP
  • COHERENT CORP.
  • EPILOG LASER
  • EUROLASER GMBH
  • HAMAMATSU PHOTONICS K.K.
  • HAN'S LASER TECHNOLOGY INDUSTRY GROUP CO. LTD.
  • IPG PHOTONICS CORP.
  • JENOPTIK AG
  • LASERLINE GMBH
  • LASER STAR TECHNOLOGIES
  • LUMENTUM OPERATIONS LLC.
  • LUMIBIRD
  • MKS INSTRUMENTS
  • NOVANTA INC.
  • TRUMPF
  • Other Notable Players
List of Tables
Summary Table: Global Market for Laser Systems, Components and Materials, by Region, Through 2029
Table 1: Patents Published on Laser Technology, January 2022-December 2024
Table 2: Number of Patents Published on Laser Technology, by Top 10 Companies, 2024
Table 3: Key Patent Analysis for Laser Technology
Table 4: Global Market for Laser Systems, Components and Materials, by Type, Through 2029
Table 5: Global Market for Solid-state Laser Systems, Components and Materials, by Type, Through 2029
Table 6: Global Market for Fiber Laser Systems, Components and Materials, by Region, Through 2029
Table 7: Global Market for Nd:YAG Laser Systems, Components and Materials, by Region, Through 2029
Table 8: Global Market for Other Solid-state Laser Systems, Components and Materials, by Region, Through 2029
Table 9: Global Market for Semiconductor Laser Systems, Components and Materials, by Region, Through 2029
Table 10: Global Market for Gas Laser Systems, Components and Materials, by Type, Through 2029
Table 11: Global Market for CO2 Laser Systems, Components and Materials, by Region, Through 2029
Table 12: Global Market for Excimer Laser Systems, Components and Materials, by Region, Through 2029
Table 13: Global Market for He-Ne Laser Systems, Components and Materials, by Region, Through 2029
Table 14: Global Market for Other Gas Laser Systems, Components and Materials, by Region, Through 2029
Table 15: Global Market for Liquid Laser Systems, Components and Materials, by Region, Through 2029
Table 16: Global Market for Laser Systems, Components and Materials, by End Use, Through 2029
Table 17: Global Market for Laser Systems, Components and Materials for Industrial End Uses, by Region, Through 2029
Table 18: Global Market for Laser Systems, Components and Materials for Semiconductor and Electronics End Uses, by Region, Through 2029
Table 19: Global Market for Laser Systems, Components and Materials for Medical and Aesthetic End Uses, by Region, Through 2029
Table 20: Global Market for Laser Systems, Components and Materials for Telecommunications End Uses, by Region, Through 2029
Table 21: Global Market for Laser Systems, Components and Materials for Defense and Surveillance End Uses, by Region, Through 2029
Table 22: Global Market for Laser Systems, Components and Materials for Instrumentation and Research End Uses, by Region, Through 2029
Table 23: Global Market for Laser Systems, Components and Materials for Automotive End Uses, by Region, Through 2029
Table 24: Global Market for Laser Systems, Components and Materials for Other End Uses, by Region, Through 2029
Table 25: Global Market for Laser Systems, Components and Materials, by Application, Through 2029
Table 26: Global Market for Laser Systems, Components and Materials for Macro-processing, by Region, Through 2029
Table 27: Global Market for Laser Systems, Components and Materials for Micro-processing, by Region, Through 2029
Table 28: Global Market for Laser Systems, Components and Materials, by Region, Through 2029
Table 29: North American Market for Laser Systems, Components and Materials, by Country, Through 2029
Table 30: North American Market for Laser Systems, Components and Materials, by Type, Through 2029
Table 31: North American Market for Laser Systems, Components and Materials for Solid-state Lasers, by Type, Through 2029
Table 32: North American Market for Laser Systems, Components and Materials for Gas Lasers, by Type, Through 2029
Table 33: North American Market for Laser Systems, Components and Materials, by End Use, Through 2029
Table 34: North American Market for Laser Systems, Components and Materials, by Application, Through 2029
Table 35: European Market for Laser Systems, Components and Materials, by Country, Through 2029
Table 36: European Market for Laser Systems, Components and Materials, by Type, Through 2029
Table 37: European Market for Laser Systems, Components and Materials for Solid-state Lasers, by Type, Through 2029
Table 38: European Market Shares of Laser Systems, Components and Materials for Gas Lasers, by Type, Through 2029
Table 39: European Market Shares of Laser Systems, Components and Materials, by End Use, Through 2029
Table 40: European Market for Laser Systems, Components and Materials, by Application, Through 2029
Table 41: Asia-Pacific Market for Laser Systems, Components and Materials, by Country, Through 2029
Table 42: Asia-Pacific Market for Laser Systems, Components and Materials, by Type, Through 2029
Table 43: Asia-Pacific Market for Laser Systems, Components and Materials for Solid-state Lasers, by Type, Through 2029
Table 44: Asia-Pacific Market for Laser Systems, Components and Materials for Gas Lasers, by Type, Through 2029
Table 45: Asia-Pacific Market for Laser Systems, Components and Materials, by End Use, Through 2029
Table 46: Asia-Pacific Market for Laser Systems, Components and Materials, by Application, Through 2029
Table 47: Rest of the World Market for Laser Systems, Components and Materials, by Sub-region, Through 2029
Table 48: Rest of the World Market for Laser Systems, Components and Materials, by Type, Through 2029
Table 49: Rest of the World Market for Laser Systems, Components and Materials for Solid-state Lasers, by Type, Through 2029
Table 50: Rest of the World Market for Laser Systems, Components and Materials for Gas Lasers, by Type, Through 2029
Table 51: Rest of the World Market for Laser Systems, Components and Materials, by End Use, Through 2029
Table 52: Rest of the World Market for Laser Systems, Components and Materials, by Application, Through 2029
Table 53: Product Mapping of the Key Players, by End Use, 2023
Table 54: Market Ranking of the Key players, 2023
Table 55: Strategic Partnerships and Collaborations in the Laser Technology Market, 2022-2025
Table 56: Acquisitions in the Laser Technology Market, 2023-2024
Table 57: ESG Risk Ratings of Key Laser Technology Providers, 2025*
Table 58: Acronyms Used in the Report
Table 59: Bystronic Group: Company Snapshot
Table 60: Bystronic Group: Financial Performance, FY 2022 and 2023
Table 61: Bystronic Group: Product Portfolio
Table 62: Bystronic Group: News/Key Developments, 2023 and 2024
Table 63: Coherent Corp.: Company Snapshot
Table 64: Coherent Corp.: Financial Performance, FY 2022 and 2023
Table 65: Coherent Corp.: Product Portfolio
Table 66: Coherent Corp.: News/Key Developments, 2023 and 2024
Table 67: Epilog Laser: Company Snapshot
Table 68: Epilog Laser: Product Portfolio
Table 69: Epilog Laser: News/Key Developments, 2023 and 2024
Table 70: Eurolaser GmbH: Company Snapshot
Table 71: Eurolaser GmbH: Product Portfolio
Table 72: Eurolaser GmbH: News/Key Developments, 2024
Table 73: Hamamatsu Photonics K.K.: Company Snapshot
Table 74: Hamamatsu Photonics K.K.: Financial Performance, FY 2023 and 2024
Table 75: Hamamatsu Photonics K.K.: Product Portfolio
Table 76: Hamamatsu Photonics K.K.: News/Key Developments, 2023 and 2024
Table 77: Han’s Laser Technology Industry Group Co. Ltd.: Company Snapshot
Table 78: Han’s Laser Technology Industry Group Co. Ltd.: Financial Performance, FY 2022 and 2023
Table 79: Han’s Laser Technology Industry Group Co. Ltd.: Product Portfolio
Table 80: Han’s Laser Technology Industry Group Co. Ltd.: News/Key Developments, 2023
Table 81: IPG Photonics Corp.: Company Snapshot
Table 82: IPG Photonics Corp.: Financial Performance, FY 2023 and 2024
Table 83: IPG Photonics Corp.: Product Portfolio
Table 84: IPG Photonics Corp.: News/Key Developments, 2023 and 2024
Table 85: Jenoptik AG: Company Snapshot
Table 86: Jenoptik AG: Financial Performance, FY 2022 and 2023
Table 87: Jenoptik AG: Product Portfolio
Table 88: Jenoptik AG: News/Key Developments, 2023 and 2024
Table 89: Laserline GmbH: Company Snapshot
Table 90: Laserline GmbH: Product Portfolio
Table 91: Laserline GmbH: News/Key Developments, 2024
Table 92: Laser Star Technologies: Company Snapshot
Table 93: Laser Star Technologies: Product Portfolio
Table 94: Lumentum Operations LLC.: Company Snapshot
Table 95: Lumentum Operations LLC.: Financial Performance, FY 2022 and 2023
Table 96: Lumentum Operations LLC.: Product Portfolio
Table 97: Lumentum Operations LLC.: News/Key Developments, 2022
Table 98: Lumibird: Company Snapshot
Table 99: Lumibird: Financial Performance, FY 2022 and 2023
Table 100: Lumibird: Product Portfolio
Table 101: Lumibird: News/Key Developments, 2023 and 2024
Table 102: MKS Instruments: Company Snapshot
Table 103: MKS Instruments: Financial Performance, FY 2022 and 2023
Table 104: MKS Instruments: Product Portfolio
Table 105: MKS Instruments: News/Key Developments, 2023-2025
Table 106: Novanta Inc.: Company Snapshot
Table 107: Novanta Inc.: Financial Performance, FY 2022 and 2023
Table 108: Novanta Inc.: Product Portfolio
Table 109: Novanta Inc.: News/Key Developments, 2022-2024
Table 110: TRUMPF: Company Snapshot
Table 111: TRUMPF: Financial Performance, FY 2022 and 2023
Table 112: TRUMPF: Product Portfolio
Table 113: TRUMPF: News/Key Developments, 2024-2025
Table 114: List of other Notable Players in the Laser Technology Market
List of Figures
Summary Figure: Global Market Shares of Laser Systems, Components and Materials, by Region, 2023
Figure 1: Global Operational Stock of Industrial Robots, 2020-2023
Figure 2: Value Chain Analysis of the Global Laser Technology Market
Figure 3: Global Laser Systems, Components and Materials Market Dynamics
Figure 4: Global Market Shares of Laser Systems, Components and Materials, by Type, 2023
Figure 5: Global Market Shares of Solid-state Laser Systems, Components and Materials, by Type, 2023
Figure 6: Global Market Shares of Fiber Laser Systems, Components and Materials, by Region, 2023
Figure 7: Global Market Shares of Nd:YAG Laser Systems, Components and Materials, by Region, 2023
Figure 8: Global Market Shares of Solid-state Laser Systems, Components and Materials, by Region, 2023
Figure 9: Global Market Shares of Semiconductor Laser Systems, Components and Materials, by Region, 2023
Figure 10: Global Market Shares of Gas Laser Systems, Components and Materials, by Type, 2023
Figure 11: Global Market Shares of CO2 Laser Systems, Components and Materials, by Region, 2023
Figure 12: Global Market Shares of Excimer Laser Systems, Components and Materials, by Region, 2023
Figure 13: Global Market Shares of Laser Systems, Components and Materials for He-Ne Lasers, by Region, 2023
Figure 14: Global Market Shares of Other Gas Laser Systems, Components and Materials, by Region, 2023
Figure 15: Global Market Shares of Liquid Laser Systems, Components and Materials, by Region, 2023
Figure 16: Global Market Shares of Laser Systems, Components and Materials, by End Use, 2023
Figure 17: Global Market for Shares of Systems, Components, and Materials for Industrial End Uses, by Region, 2023
Figure 18: Global Market Shares of Laser Systems, Components and Materials for Semiconductor and Electronics End Uses, by Region, 2023
Figure 19: Global Market Shares of Laser Systems, Components and Materials for Medical and Aesthetic End Uses, by Region, 2023
Figure 20: Global Market Shares of Laser Systems, Components and Materials for Telecommunications End Uses, by Region, 2023
Figure 21: Global Market Shares of Laser Systems, Components and Materials for Defense and Surveillance End Uses, by Region, 2023
Figure 22: Global Market Shares of Laser Systems, Components and Materials for Instrumentation and Research End Uses, by Region, 2023
Figure 23: Global Market Shares of Laser Systems, Components and Materials for Automotive End Uses, by Region, 2023
Figure 24: Global Market Shares of Laser Systems, Components and Materials for Other End Uses, by Region, 2023
Figure 25: Global Market Shares of Laser Systems, Components and Materials, by Application, 2023
Figure 26: Global Market Shares of Laser Systems, Components and Materials for Macro-processing, by Region, 2023
Figure 27: Global Market Shares of Laser Systems, Components and Materials for Micro-processing, by Region, 2023
Figure 28: Global Market Shares of Laser Systems, Components and Materials, by Region, 2023
Figure 29: North American Market Shares of Laser Systems, Components and Materials, by Country, 2023
Figure 30: North American Market Shares of Laser Systems, Components and Materials, by Type, 2023
Figure 31: North American Market Shares of Laser Systems, Components and Materials for Solid-state Lasers, by Type, 2023
Figure 32: North American Market Shares of Laser Systems, Components and Materials for Gas Lasers, by Type, 2023
Figure 33: North American Market Shares of Laser Systems, Components and Materials, by End Use, 2023
Figure 34: North American Market Shares of Laser Systems, Components and Materials, by Application, 2023
Figure 35: European Market Shares of Laser Systems, Components and Materials, by Country, 2023
Figure 36: European Market Shares of Laser Systems, Components and Materials, by Type, 2023
Figure 37: European Market Shares of Laser Systems, Components and Materials for Solid-state Lasers, by Type, 2023
Figure 38: European Market Shares of Laser Systems, Components and Materials for Gas Lasers, by Type, 2023
Figure 39: European Market Shares of Laser Systems, Components and Materials, by End Use, 2023
Figure 40: European Market Shares of Laser Systems, Components and Materials, by Application, 2023
Figure 41: Asia-Pacific Market Shares of Laser Systems, Components and Materials, by Country, 2023
Figure 42: Asia-Pacific Market Shares of Laser Systems, Components and Materials, by Type, 2023
Figure 43: Asia-Pacific Market Shares of Laser Systems, Components and Materials for Solid-state Lasers, by Type, 2023
Figure 44: Asia-Pacific Market Shares of Laser Systems, Components and Materials for Gas Lasers, by Type, 2023
Figure 45: Asia-Pacific Market Shares of Laser Systems, Components and Materials, by End Use, 2023
Figure 46: Asia-Pacific Market Shares of Laser Systems, Components and Materials, by Application, 2023
Figure 47: Rest of the World Market Shares of Laser Systems, Components and Materials, by Sub-region, 2023
Figure 48: Rest of the World Market Shares of Laser Systems, Components and Materials, by Type, 2023
Figure 49: Rest of the World Market Shares of Laser Systems, Components and Materials for Solid-state Lasers, by Type, 2023
Figure 50: Rest of the World Market Shares of Laser Systems, Components and Materials for Gas Lasers, by Type, 2023
Figure 51: Rest of the World Market Shares of Laser Systems, Components and Materials, by End Use, 2023
Figure 52: Rest of the World Market Shares of Laser Systems, Components and Materials, by Application, 2023
Figure 53: Bystronic Group: Revenue Share, by Country/Region, FY 2023
Figure 54: Coherent Corp.: Revenue Share, by Business Unit, FY 2023
Figure 55: Coherent Corp.: Revenue Share, by Country/Region, FY 2023
Figure 56: Hamamatsu Photonics K.K.: Revenue Share, by Business Unit, FY 2024
Figure 57: Hamamatsu Photonics K.K.: Revenue Share, by Country/Region, FY 2024
Figure 58: Han’s Laser Technology Industry Group Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 59: Han’s Laser Technology Industry Group Co. Ltd.: Revenue Share, by Country/ Region, FY 2023
Figure 60: IPG Photonics Corp.: Revenue Share, by Business Unit, FY 2024
Figure 61: IPG Photonics Corp.: Revenue Share, by Country/Region, FY 2024
Figure 62: Jenoptik AG: Revenue Share, by Business Unit, FY 2023
Figure 63: Jenoptik AG: Revenue Share, by Country/Region, FY 2023
Figure 64: Lumentum Operations LLC.: Revenue Share, by Business Unit, FY 2023
Figure 65: Lumentum Operations LLC.: Revenue Share, by Country/Region, FY 2023
Figure 66: Lumibird: Revenue Share, by Business Unit, FY 2023
Figure 67: MKS Instruments: Revenue Share, by Business Unit, FY 2023
Figure 68: MKS Instruments: Revenue Share, by Country/Region, FY 2023
Figure 69: Novanta Inc.: Revenue Share, by Business Unit, FY 2023
Figure 70: Novanta Inc.: Revenue Share, by Country/Region, FY 2023
Figure 71: TRUMPF: Revenue Share, by Business Unit, FY 2023
Figure 72: TRUMPF: Revenue Share, by Country/Region, FY 2023

Companies Mentioned

  • Bystronic Group
  • Coherent Corp.
  • Epilog Laser
  • Eurolaser GmbH
  • Hamamatsu Photonics K.K.
  • Han's Laser Technology Industry Group Co. Ltd.
  • IPG Photonics Corp.
  • Jenoptik AG
  • Laserline GmbH
  • Laser Star Technologies
  • Lumentum Operations LLC.
  • Lumibird
  • MKS Instruments
  • Novanta Inc.
  • Trumpf

Table Information

Report AttributeDetails
No. of Pages143
PublishedApril 2025
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 21 Billion
Forecasted Market Value ( USD ) by 2029 $ 30.4 Billion
Compound Annual Growth Rate7.7%
Regions CoveredGlobal
No. of Companies Mentioned15

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