Industrial Laser Markets Moving as Technology Innovates

May 10, 2016

Wellesley, Mass., May 10, 2016 – The industrial laser industry is vibrant, robust and growing. It has even grown during years when the global economy has not.乐动体育-西甲2019赞助商reveals in its new report that evolving technology should continue to drive this global market, especially within the fiber laser submarkets.

LASER is an acronym oflight amplification by stimulated emission of radiation. Industrial laser applications can be categorized into two broad segments: micro-material processing and material processing. The major types of industrial lasers include carbon dioxide, Nd:YAG, solid-state, disk, and fiber.

全球工业激光器市场预计将从2015年的46亿美元到2020年的63亿美元,反映了五年复合年增长率(CAGR)为6.6%。消费电子行业作为一个细分市场应从2015年的近15亿美元增长到2020年的20亿美元,表明最大的最终用途行业的CAGR为6.1%。建筑业是第二大领域,在2020年应总计近12亿美元,五年复合年增长率为6.4%。

Major factors spurring market demand include a greater focus on product quality and production efficiency. Many companies are expected to invest heavily in R&D to provide better end-user solutions. A rising demand for three-dimensional (3-D) imaging additive manufacturing should bolster global demand, as well.

The Asia-Pacific region should remain the largest global market for industrial lasers. With numerous upcoming business entities and a growing focus on automation, the market should see substantial growth in major markets such as China,JapanandSouth Korea.

Unlike older industrial tool industries, the industrial laser industry is still evolving. Although carbon dioxide lasers and neodymium YAG lasers are most often used, the markets for fiber lasers and disk lasers should experience significant growth during the forecast period.

The fiber lasers market, particularly, should see impressive growth, spurred by demand for its high-output power and compact size. Their reliability should also drive growth.

“Fiber lasers provide high peak power and nanosecond pulses, which enable effective marking and engraving. They also provide cleaner cut edges at faster cutting speeds,” says BCC Research analyst Sinha Gaurav. “The lower cost fiber laser ownership is also boosting global demand. The market, valued at $1.1 billion in 2014, should reach nearly $1.9 billion by 2020, growing at a five-year CAGR of 8.5%.”

Lasers for Industrial Applications: Global Markets(PHO005B) analyzes the industry by technology, type, and by end-user application. The report examines emerging applications, trends, pricing considerations, R&D, government regulations, and competitive technologies. Analyses of global market drivers and trends, with data from 2014, 2015, and projections of CAGRs through 2020 also are provided.

Editors and reporters who wish to speak with the analyst should contact Steven Cumming atsteven.cumming@bccresearch.com.

Lasers for Industrial Applications: Global Markets( PHO005B )
Publish Date:May 2016

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