Allied Market Research

Global Industrial Lasers Systems Market Expected to Reach $36.5 Billion by 2026


Report Code : A05978

quote A number of domestic players are expanding their business in the Asia-Pacific region, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for industrial lasers. Furthermore, by power, less than 1 kW segment is expected to experience a rapid surge in demand due to its excellent beam quality, compact size, robustness, low maintenance cost, and durability. quote

Amar Chinchane
Lead Analyst, Construction and Manufacturing at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, " Industrial Lasers Systems Market by Type, Power, and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global industrial lasers systems market size was valued at $20.1 billion in 2018, and is projected to reach $36.5 billion by 2026, registering a CAGR of 7.5% from 2019 to 2026.  By type, the macro processing segment accrued the largest share in the industrial lasers systems  market in 2018. Growth in demand for lasers in industrial applications such as additive manufacturing, marking, cutting, and welding fuels the demand for lasers for macro processing applications. In addition, expansion of the automotive and metal cutting industry throughout the globe, especially in emerging nations such as China and India drives the industrial lasers systems market growth. Moreover, industrial lasers systems  are popular owing to their advantageous features such as an excellent beam quality, compact size, robustness, and low maintenance cost. Thus, such advantageous features are expected to fuel the demand for the industrial lasers systems   market in the coming years.

On the basis of power, the more than 1.1 kW segment garnered a significant market share in 2018, owing to increase in need of lasers of high-power capacity in industries such as aerospace & defense. By application, the others segment accounted for a large share in terms of revenue in 2018. Furthermore, in terms of region, Asia-Pacific and Europe collectively contributed around 79.3% of the shares in the global market in 2018.

The key players profiled in the market report includes Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Jenoptik Laser GmbH, CY Laser SRL, NKT Photonics A/S, Quantel Group, TRUMPF, and Toptica Photonics AG. 

The major players operating in the global industrial lasers systems market have adopted key strategies such as product development and business expansion, to strengthen their market outreach and sustain the stiff competition in the market. For instance, the launch of the Integrated Photonic Systems Roadmap by the American Institute for Manufacturing Integrated Photonics in March 2017, foresees IoT applications to have a predominantly huge influence in this market. In addition, in 2017, Industry 4.0 opportunities continue to emerge; for instance, TRUMPF, a laser machine tool maker opened a new smart factory in Chicago (a city encompassing around 40% of the country's entire sheet metalworking industry) emphasizing on digitally connected manufacturing solutions for the sheet metal process chain.

Key Findings of the Study:

  • The report provides an extensive analysis of the current and emerging industrial lasers systems market trends and dynamics.  
  • Depending on type, the macro processing segment dominated the industrial lasers systems market, in terms of revenue, in 2018 and is projected to grow at a CAGR 7.3%, during the forecast period.
  • By application, the others segment led the market in 2018.
  • LAMEA is projected to register the highest growth rate in the coming years. 
  • Key market players within the industrial lasers systems market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industrial lasers systems industry. 
  • The report provides an extensive analysis of the industrial lasers systems market trends and its emerging opportunities.  
  • In-depth, the industrial lasers systems market analysis is conducted by constructing estimations for the key segments between 2018 and 2026. 
  • The global industrial lasers systems market forecast analysis from 2019 to 2026 is included in the report.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Industrial Lasers Systems Market by Type (Macro processing, and Micro processing), Power (Less than 1 kW, and More than 1.1 kW), and Application (Cutting, Welding, Non-metal processing, Additive manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,711 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Published Date Jan 2021

Surgical Equipment Market

Download Sample

Published Date Nov 2020

Medical Implant Market

Download Sample

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"Global Industrial Lasers Systems Market"
Purchase Enquiry