CHICAGO, April 16, 2024 (GLOBE NEWSWIRE) — World Laser technology market size is expected to grow from USD 16.7 billion in 2022 to USD 25.6 billion by 2027, at a CAGR of 8.9%. Growing interest in laser-based materials processing technology, increasing demand for laser technology in optical communications and healthcare industries, and increasing demand for laser systems for various industrial processes such as welding, scribing, engraving, welding, cutting, etc. Growth is the key. Factors driving the laser technology market.
The major players in the laser technology market with a significant global presence are Coherent (USA), Trumpf (Germany), Han’s Laser Technology Industry Group Co., Ltd (China), IPG Photonics (USA), Jenoptik AG (Germany) is. Market players have adopted various strategies aimed at strengthening their market position, such as product advancements, cooperative partnerships, contractual agreements, business expansions, and acquisitions. These comprehensive strategies, both organic and inorganic, have facilitated the global expansion of market players through sophisticated palletizer offerings.
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Major ammunition companies include:
- Coherent (US)
- Trumpf (Germany)
- Han’s Laser Technology Industry Group Co., Ltd (China)
- IPG Photonics (USA)
- Jenoptik AG (Germany)
reasonable is a provider of industrial and fiber laser solutions, including diode-pumped solid-state lasers, fiber lasers, gas lasers (CO, CO2, excimer, ion), optically pumped semiconductor lasers (OPSL), semiconductor lasers, and ultrafast lasers. These laser technologies have applications in several end-user industries, including healthcare, scientific research, electronics, military and defense, and manufacturing. Key factors contributing to Coherent’s market leadership include a balanced product portfolio, strong international brand names, customer retention capabilities, and global presence. The company is focused on growth by acquiring new technologies, strengthening its technology portfolio, and diversifying its products into new markets and geographies. Coherent has a presence in the Americas, Europe, the Middle East and Africa, and Asia Pacific. Subsidiaries include Coherent GmbH (Germany), Coherent Ltd. (United Kingdom), Coherent Japan Ltd. (Japan), Lambda Physik USA, Inc. (United States), and Coherent Commercial Company Ltd. (China).
trumf has established itself as one of the leading companies in the laser technology market. The company has established a global presence across Asia Pacific, North America, South America and Europe through more than 70 subsidiaries. The company also has 17 production sites in Europe. Subsidiaries include KOZ Makina (Turkey), Ferdinand-Braun-Institut (Germany), Leibniz-Institut für Hochstfrequenztechnik (FBH) (Germany), TRUMPF Homberger srl (Italy), Trumpf GMBH Korea Co., Ltd. (South Korea), etc. there is. ), PT TRUMPF Indonesia (Indonesia).
The company is already in the process of expanding its extensive portfolio of laser technology solutions. In 2022, he invested US$525.7 million in research and development to support solid internal growth. Additionally, the company has focused on expanding its footprint around the world. As part of these efforts, the company invested approximately $27 million in its Chinese subsidiary JFY and Chinese division TRUMPF China in May 2018 to expand production capacity. Previously, in October 2017, the company invested approximately USD 53 million to open a logistics center at its headquarters in Ditzingen, Germany, to enable faster delivery of consumables and spare parts.
hands laser is a well-known company in the global laser technology market. Han’s Laser is a laser equipment manufacturer offering laser marking, laser welding, laser cutting and laser cleaning machines for applications in the IT, automotive, packaging, electronics and semiconductor, energy and power sectors. Han’s Laser offers several types of laser marking, cutting and welding machines based on fiber lasers, CO2 lasers, UV lasers and YAG lasers.
The company aims to strengthen its market presence by offering customized solutions and quality products that make optimal use of resources and minimize production costs. Backed by a recognized brand identity, Han’s Laser has a strong presence in Asia, the Americas, the Middle East and Africa, and Europe, which has increased the company’s revenue from 1.818 billion in 2020 to In 2022 he increased to 2.144 billion. Customers include companies such as Flextronics (USA), Philips (Netherlands), Samsung (South Korea), and Siemens (Germany). Some of our notable subsidiaries include Control Laser Corporation (USA), Han’s CNC Science and Technology Co., Ltd. (China), Baublys Laser GmbH (Germany), and Nextec Technologies 2001 Ltd. (Israel).
IPG Photonics Co., Ltd. is a manufacturer of fiber lasers and amplifiers. The company’s products include lasers, laser systems, beam delivery solutions, medical solutions, communications equipment, automotive, consumer electronics, communications, aerospace, semiconductors, entertainment, heavy industry and transportation, manufacturing, medical, and oil and gas industries. Contains components.
Genoptic AG offers laser technology products through its Advanced Photonics Solutions business segment. Our portfolio of laser technology products and solutions includes high-power diode lasers, F-theta objectives and beam expanders, laser rangefinders, customized laser systems, or processes for application environments such as laser-based therapy, material processing, etc. Contains complex laser machinery to enhance it. , security etc.
