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Report World - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Lasers, Other Than Laser Diodes - Market Analysis, Forecast, Size, Trends and Insights

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Global Laser Market 2024

Laser Market Size

The global laser market was estimated at $X.1B in 2022, rising by X% against the previous year. In general, consumption, however, posted a strong increase. Over the period under review, the global market reached the peak level at $X.2B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Laser Production

In value terms, laser production totaled $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X%. Global production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Laser Exports

Exports

After two years of growth, overseas shipments of lasers, other than laser diodes decreased by X% to X units in 2022. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The global exports peaked at X units in 2021, and then shrank remarkably in the following year.

In value terms, laser exports fell to $X in 2022. In general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany was the major exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by China (X units), Hong Kong SAR (X units) and the UK (X units), together mixing up a X% share of total exports. Japan (X units), South Korea (X units), the Netherlands (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and China ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of global exports.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average laser export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, laser export price increased by X% against 2012 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Laser Imports

Imports

In 2022, approx. X units of lasers, other than laser diodes were imported worldwide; approximately mirroring the previous year's figure. Overall, imports posted a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, laser imports fell to $X in 2022. In general, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Global imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China dominates imports structure, amounting to X units, which was near X% of total imports in 2022. Germany (X units) held the second position in the ranking, followed by South Korea (X units). All these countries together took near X% share of total imports. Japan (X units), Hong Kong SAR (X units), Spain (X units), the Netherlands (X units), Italy (X units), Mexico (X units), Belgium (X units) and the UK (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the lasers, other than laser diodes imports, with a CAGR of X% from 2012 to 2022. At the same time, Spain (X%), Belgium (X%), the Netherlands (X%), Germany (X%), Italy (X%), the UK (X%) and South Korea (X%) displayed positive paces of growth. Mexico and Japan experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Spain increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported lasers, other than laser diodes worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by South Korea, with an X% share.

In China, laser imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average laser import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Global import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest laser consuming country worldwide, accounting for 22% of total volume. Moreover, laser consumption in China exceeded the figures recorded by the second-largest consumer, Germany, threefold. Japan ranked third in terms of total consumption with a 7.5% share.
The country with the largest volume of laser production was China, accounting for 22% of total volume. Moreover, laser production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was taken by Japan, with a 7.5% share.
In value terms, Germany, South Korea and China constituted the countries with the highest levels of exports in 2022, with a combined 53% share of global exports.
In value terms, China constitutes the largest market for imported lasers, other than laser diodes worldwide, comprising 30% of global imports. The second position in the ranking was taken by Germany, with a 12% share of global imports. It was followed by South Korea, with an 8.2% share.
The average laser export price stood at $107 per unit in 2022, picking up by 6.1% against the previous year.
In 2022, the average laser import price amounted to $65 per unit, waning by -9.7% against the previous year.

This report provides an in-depth analysis of the global laser market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26702330 - Lasers (excluding laser diodes, machines and appliances incorporating lasers)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Coherent, TRUMPF GmbH + Co. KG, IPG Photonics Corporation, Han’s Laser Technology Industry Group Co., Lumentum Holdings Inc., Jenoptik AG, Novanta Inc., LUMIBIRD Group, Corning Incorporated, MKS Instruments, Sokkia Corporation, Adapt Laser Systems LLC, Automark, Oxford Lasers, Tecnar Automation Ltee, UVC Photonics, Becker and Hickl GmbH, APE GmbH, Cutting Edge Optronics, GAM Laser, EdgeWave, Kimmon Koha Co., Lexel Laser, LTB Lasertechnik Berlin, Lumentum, MOGLabs, OPOTEK, Oxxius, TEEM Photonics, Sirah Lasertechnik, Power Technology Inc.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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