High power lasers is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. While in industrial applications refers to laser power with above 1000 watts.
The high power lasers industry concentration is relative high; there are three mainly manufacturers in the world, and the products mainly from Germany and USA.
Global giant manufactures mainly distributed in United States and Germany. The manufacturers in the USA and Europe have a long history and unshakable status in this field. Manufacturers such as Trumpf have relative higher level of product?s quality. IPG has become as a global leader.
Many companies have several branch offices, usually locate in the place close to aimed consumption region. There are international companies set up branch office in China either. Some companies usually take a joint venture enter into aim market, like Trumpf who takes their advantage merge with US company, whose key market is in North-America and Europe.
The key consumption markets locate at developed countries. We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.
The market is not only influenced by the price, but also influenced by the product performance. As the top three companies all have a high level of science and technology of high power lasers, so they have a small price difference.
Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go wide. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the High Power Lasers market will register a 6.9% CAGR in terms of revenue, the global market size will reach USD 2450 million by 2024, from USD 1640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High Power Lasers business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High Power Lasers market by product type, application, key manufacturers and key regions and countries.
This study considers the High Power Lasers value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
CO2 Lasers
Solid-State Lasers
Fiber Lasers
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cutting
Welding
Drilling
Surface Treatment
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
IPG Photonics
TRUMPF
Rofin
Coherent
nLIGHT
Prima
FANUC
Lumentum
Bystronic Laser
Wuhan Raycus
Han?s Laser
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High Power Lasers consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High Power Lasers market by identifying its various subsegments.
Focuses on the key global High Power Lasers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High Power Lasers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High Power Lasers submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
