Industrial Laser System Global Market Report 2023 – By Type of Laser (Fiber, Solid-State, CO2, Other Types), By Type (Macro Processing, Micro Processing), By Power (Less Than 1 kW, More Than 1.1 kW), By Application (Cutting, Welding, Marking, Drilling, Other Applications), By End Use Industry (Semiconductor And Electronics, Automotive, Aerospace And Defense, Medical, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2023-2032

A fiber laser is a type of device that integrates beam delivery and laser cavity into a single system inside an optical fiber wherein the beam is generated within the fiber, unlike conventional lasers. Fiber lasers are part of laser marking systems as they achieve high dimensional accuracy in manufactured electronic products. Fiber lasers are used for welding, cutting, and other material processing. The main types of fiber lasers are infrared fiber laser, ultraviolet fiber laser, and ultrafast fiber laser. Fiber lasers that transmit radiation with wavelengths greater than or equal to 2 μm are known as an infrared fiber lasers. Fiber lasers are used for marking, micro processing, high power, and fine processing by material processing, healthcare, and other end-users. The global fiber lasers market is segmented - 1) By Type: Infrared Fiber Laser, Ultraviolet Fiber Laser, Ultrafast Fiber Laser 2) By Aplication: Marking, Micro Processing, High Power, Fine Processing 3) By End Use: Material Processing, Healthcare: Other End Users The global fiber lasers market size will grow from $3.35 billion in 2022 to $3.76 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fiber lasers market is expected to grow to $6.01 billion in 2027 at a CAGR of 12.5%. The rise in disposable income drives the growth of the automobile and mobile electronics industries which results in the growth of the fiber laser market. According to CEIC Data, there has been a 10% rise in disposable income in India which led to the growth of the automobile and mobile electronics industries. Thus, automobile and mobile electronics markets are growing at a rapid pace and the use of fiber lasers becomes indispensable to sustain the growth. Fiber laser is used for labeling, cutting, and welding automobile parts. The use of fiber lasers makes it easier and more convenient for cutting small and complex automobile parts. Mobile electronic devices are getting compact day by day and thus electronic industry also requires fiber lasers to cut lean and fragile electronic parts. For instance, companies such as Laserline, Trumpf, and Coherent are developing fiber lasers specially focused on the automobile industry. Major players in the fiber lasers market are 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. Nonlinear optical effects act as a restraint on the fiber laser market. The nonlinear optical effect is a phenomenon occurring due to the use of fiber laser which can lead to breakdown and damage of the material on which fiber laser is applied. Also, this can lead to overheating of the material and can cause severe damage to the material. FC Laser Ltd was skeptical about the use of fiber lasers. FC Laser was not certain about the versatility and efficiency of the fiber laser and was much more comfortable using the CO2 laser. New technologies such as high-power fiber lasers and diode lasers have been introduced in the fiber laser market. With 800 nm wavelength, a diode laser has the deepest penetration levels. Another new technology, the blue laser has also been introduced in the market specially targeted for welding purposes. The blue laser has higher power and brightness compared to an ordinary laser. Also, a blue laser does not generate excess heat. These new technologies in fiber laser bring more precision while welding and cutting materials. Bystronic, a Switzerland-based laser company is providing all-new high-power fiber lasers and diode lasers for welding, cutting, and material processing purposes. Also, NUBURU, a US-based company invented and manufactures high-power blue laser technology. The Center for Devices and Radiological Health (CDRH) is a regulatory body in the USA regulating the fiber laser market. CDRH is responsible for the manufacturing, implication, performance, and safety of fiber laser devices. CDRH checks whether the device is properly labeled and is equipped with safety equipment. CDRH oversees whether the manufacturer has provided the correct classification of laser and whether the manufacturer has attached the warning labels on the device. In February 2022, The TRUMPF Group, a Germany-based industrial machine manufacturing company acquired Active Fiber Systems GmbH (AFS) for an undisclosed amount. Through this acquisition, The TRUMPF Group aims to strengthen its product portfolio in scientific, industrial, and medical lasers and to gain a competitive advantage in the German market. Active Fiber Systems GmbH (AFS) is a Germany-based company that specializes in fiber lasers Asia Pacific was the largest region in the fiber lasers market in 2022. The regions covered in the global fiber lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fiber lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The fiber laser market consists of sales of pulsed lasers, continuous-wave lasers, and other fiber lasers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The fiber laser market research report is one of a series of new reports from The Business Research Company that provides fiber laser market statistics, including fiber laser industry global market size, regional shares, competitors with a fiber laser market share, detailed fiber laser market segments, market trends and opportunities, and any further data you may need to thrive in the fiber laser industry. This fiber laser market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Refractive surgery devices and equipment are used in refractive error surgeries, a procedure for correcting or improving vision affected by a refractive error such as nearsightedness (myopia), farsightedness (hyperopia), presbyopia, or astigmatism. The main product types of refractive surgery devices (or) equipment are microkeratome, excimer lasers, femtosecond lasers, and YAG lasers. The excimer laser is a laser that emits concentrated light in the ultraviolet (UV) region of the spectrum. The various applications involved are astigmatism, near-sightedness, and farsightedness that are used by end-users such as hospitals, ambulatory surgical centres, and ophthalmology clinics. The global refractive surgery devices and equipment market is segmented - 1) By Product Type: Microkeratome, Excimer Lasers, Femtosecond Lasers, YAG Lasers 2) By End User: Hospitals, Ambulatory Surgical Centres, Opthalmology Clinics 3) By Application: Astigmatism, Near-sightedness, Farsightedness The global refractive surgery devices and equipment market size will grow from $0.15 billion in 2022 to $0.17 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global refractive surgery devices and equipment is expected to grow to $0.24 billion in 2027 at a CAGR of 9.5%. A significant driving factor for the growth of the Refractive surgery devices and equipment market is an increase in the geriatric population worldwide with eye disorders. Age-related macular degeneration is the major cause of loss of vision over the age of 65 years. There are many elderly people with refractive errors who require immediate surgical care to cure visual impairment. The rising elderly population throughout the year increases the demand for refractive surgeries. For example, the elderly population in USA is steadily growing and by 2030, 70 million Americans will be over 65 years of age. Approximately one in three older people have optic disorders which are boosting the refractive surgery devices and equipment market. Major players in the refractive surgery devices (or) equipment market are Alcon, J & J, Zeiss, Bausch, and Lomb (Valeant), Ziemer Ophthalmic, Nidek, STAAR, Avedro, Lensar, and iVIS Technologies. The Refractive surgery devices and equipment market is being restrained due to the lack of use of surgical equipment to treat refractive errors, in developing nations. Also, backwardness, poverty, and lack of knowledge make the patients unaware of the procedures of the surgery. For example, according to WHO the visual impairment in Rwanda, an African country is 5.3% and more than 80% of the eye cases were refractive errors which were considered treatable but due to lack of ophthalmic surgical devices there is no cure. People in developing countries witness more cases related to blindness than in developed countries. The focus areas for many companies in the refractive surgery devices and equipment market has shifted towards increasing technological advancements in the field of refractive surgery. Advanced technologies used for correcting refractive errors expand the scale of the treatment, reduce the time and labor costs. The new corneal refractive surgical techniques such as femtosecond corneal surgery technique, pseudophakic intraocular lenses, intraocular rings and segments, and corneal stiffening techniques such as collagen crosslinking may impact the market significantly. For instance, the intrastromal femtosecond laser-assisted lenticular corneal excision (Flex-Smile) technique is very effective for myopic cases of up to 10 diopters with astigmatism up to 3. Also, the advanced femtosecond laser surgical instruments have many unique features such as complete surgical control down to the micron in terms of diameter, depth and edge angle, fast flap creation. In the USA, FDA (Foods and Drugs Administration) regulates the sale of medical devices and monitors the safety of all regulated medical devices. FDA regulates the sales of medical devices for refractive surgery. North America was the largest region in the global refractive surgery devices (or) equipment market in 2022. Asia-Pacific was the second-largest region in the refractive surgery devices (or) equipment market. The regions covered in the global refractive surgery devices (or) equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the refractive surgery devices (or) equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The Refractive surgery devices and equipment market consist of sales of microkeratome, excimer lasers, femtosecond lasers, YAG lasers, and aberrometers that are used for refractive surgeries. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The refractive surgery devices (or) equipment market research report is one of a series of new reports from The Business Research Company that provides refractive surgery devices (or) equipment market statistics, including refractive surgery devices (or) equipment industry global market size, regional shares, competitors with a refractive surgery devices (or) equipment market share, detailed refractive surgery devices (or) equipment market segments, market trends and opportunities, and any further data you may need to thrive in the refractive surgery devices (or) equipment industry. This refractive surgery devices (or) equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

3D printer is a machine which create solid 3D objects from a digital blueprint. The main printer types of 3D printers are desktop 3D printers and industrial 3D printers. A desktop 3D printer is a small 3D printer that can create objects from scratch. Because they fit on the surface of a regular desk, they're called 'desktop 3D printers.' They don't necessitate a vast, open area. Desktop 3D printers, on the other hand, are small and portable. The various technologies of the 3D printer include stereo lithograph (SLA), fused deposition modelling (FDM), selective laser sintering (SLS), direct metal laser sintering (DMLS), polyjet/multijet printing (MJP), inkjet printing, electron beam melting (EBM), laser metal deposition (LMD), direct light projection (DLP), and other technologies. The various end-user industries involved are aerospace and defense, healthcare, food, construction and architecture, and other end-user industries. The global 3D printer market is segmented – 1) By Printer Type: Desktop 3D Printer, Industrial 3D Printer 2) By Technology: Stereolithography (SLA), Fused Deposition Modeling (FDM), Selective Laser Sintering (SLS), Direct Metal Laser Sintering (DMLS), PolyJet/MultiJet Printing (MJP), Inkjet Printing, Electron Beam Melting (EBM), Laser Metal Deposition (LMD), Direct Light Projection (DLP), Other Technologies 3) By End-use Industry: Automotive, Aerospace & Defense, Healthcare, Food, Construction & Architecture, Other End-Use Industries The global 3d printer market size will grow from $13.28 billion in 2022 to $15.67 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of the global 3d printer market is expected to grow to $27.14 billion in 2027 at a CAGR of 14.7%. The growth in the use of 3D printed products in the automotive industry is a key factor driving the growth of the 3D printer manufacturing market. The manufacture of lightweight vehicle components is possible with the aid of 3D printing reduces vehicle weight, boosts car performance, and increases fuel economy, and greater productivity can be achieved in injection molding equipment manufacturing using 3D printing technology. For instance, in 2022, Xact Metal, a US-based 3D printer manufacturer, launched the XM300G 3D printer. The Xact Metal XM300G Series is intended to provide small-to-medium-sized businesses with industrial-grade 3D printing capabilities at a competitive price. It is programmable with single, dual, or quad lasers. With its new 3D printer, the company is going after a number of industries, including aerospace, automotive, and general manufacturing. Therefore, the growth in demand for 3D printed products in the automotive industry drives the demand for manufacturing 3D printers and contributes to the growth of the 3D printer manufacturing market. Major players in the 3D printer market are Stratasys, GE Additive, SLM Solutions, Voxeljet, Arcam AB, Hoganas AB, Groupe Gorgé, Renishaw PLC., Markforged Inc., and Made In Space. The high cost associated with 3D printing hampers the growth of the 3D printer manufacturing market. Various factors contribute to the higher costs of 3D printing tools. To name a few, the energy that 3D printing requires to manufacture objects is massively expensive and the energy required by some of the 3D printing processes uses up to 50-100 times more electricity than injection molding machines. Furthermore, the software needed to run the 3D printers is costly and must be modified regularly to make them functional and effective. The cost of a 3D printer can vary by tens of thousands of dollars, from basic $200 fused filament fabrication (FDM) machines to the most advanced ones. The high cost associated with 3D printing limits the demand for 3D printers thereby restraining the growth of the 3D printer manufacturing market. Major companies in the 3D printer manufacturing market are producing printers that have the vast Asia-Pacific and can print faster than conventional 3D printers. For instance, the stereo lithograph apparatus (SLA) 3D printer from Nexa3D will be 6 times faster than the machines of the other competitors and it’s the Asia-Pacific would also be 2.5 times larger. The project production time for prototypes is also reduced from hours to minutes and it is equipped with durable materials that can withstand ultra-fast 3D printing. For instance, in 2022, Xact Metal, a US-based 3D printer manufacturer, launched the XM300G 3D printer. The Xact Metal XM300G Series is intended to provide small-to-medium-sized businesses with industrial-grade 3D printing capabilities at a competitive price. It is programmable with single, dual, or quad lasers. With its new 3D printer, the company is going after a number of industries, including aerospace, automotive, and general manufacturing. In February 2019, Xerox, the American manufacturer of printers and photocopiers, acquired Vader Systems for an undisclosed amount. This acquisition helps Xerox to access a Total Addressable Market (TAM) of $8 billion for additive/digital manufacturing. Vader Systems is a New York-based manufacturer of liquid metal jet 3D printers. North America was the largest region in the 3D printer market in 2022. Asia-Pacific was the second-largest region in the global 3D printer market report. The regions covered in the global 3D printer manufacturing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the 3D printer market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The 3D printer market consists of sales of machinery which are used in various applications such as functional prototyping, concept modeling, anatomical modeling, composite tooling. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 3D printer manufacturing market research report is one of a series of new reports from The Business Research Company that provides 3D printer manufacturing market statistics, including 3D printer manufacturing industry global market size, regional shares, competitors with a 3D printer manufacturing market share, detailed 3D printer manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the 3D printer manufacturing industry. This 3D printer manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Medical lasers are devices that treat or remove tissues using precisely focused light sources. The main types of medical lasers are solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. A solid-state laser system is a laser system that uses a gain medium as a solid instead of liquid, as in dye lasers and gas as in gas lasers. The applications involved are surgical, cosmetic, and dental. The end-users involved are ophthalmology, dermatology, gynecology, dentistry, urology, cardiovascular, and others. The global medical lasers market is segmented - 1) By Product Type: Solid State Laser Systems, Gas Laser Systems, Dye Laser Systems, Diode Laser Systems 2) By Application: Surgical, Cosmetic, Dental 3) By End Use: Ophthalmology, Dermatology, Gynecology, Dentistry, Urology, Cardiovascular, Other End Users The global medical lasers market size grew from $5.56 billion in 2022 to $6.33 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical lasers market is expected to grow from $10.45 billion in 2027 at a CAGR of 13.3%. The increased demand for minimally invasive procedures contributed to the medical lasers market’s growth during the period. The surge in aesthetic and cosmetic procedures propelled the demand for minimally invasive surgeries worldwide. According to the article published by Beautynews in April 2021, the number of facial plastic surgery procedures in the USA in 2020 is approximately 56,084, and the one was the brow lift procedure is nearly 31,404. Thus, the high usage of medical lasers to perform minimally invasive aesthetic and cosmetic surgeries increases the demand for medical lasers market. Major players in the medical lasers market are El.En. S.p.A, Ellex Medical Lasers Ltd., Lumenis, Alcon Laboratories Inc., AngioDynamics Corp., American Medical Systems Inc., Biolase Inc., Bausch & Lomb Holdings, Cardiogenesis Corporation Inc., and Boston Scientific. The high cost of surgeries limits the growth of the medical laser market. The high cost of treatments involving medical lasers limited the adoption and demand for lasers used to perform minimally invasive surgeries. For instance, the average cost of LASIK surgery performed in the USA was $1,500 per eye in 2021. Therefore, the high and increasing cost of surgeries is likely to act as a restraint to the growth of the medical lasers market. Major players operating in the market are focusing on developing new innovative products with advanced techniques to serve healthcare professionals and their patients better. For instance, in March 2021, Solta Medical, a division of Bausch Health, launched Clear + Brilliant Touch Laser. The new laser a more comprehensive treatment protocol by providing the benefits of two wavelengths and easing the treatment process. In October 2021, Laser MD Medspa, a US-based medical spa services company, acquired Young Medical Spa for an undisclosed amount. The acquisition would expand the company’s footprint in the state of Pennsylvania by adding four locations. Young Medical is a US-based provider of a full suite of cosmetic and aesthetic treatments, including laser hair removal, botox treatment, and others. North America was the largest region in the medical lasers market in 2022. Asia-Pacific was the second largest region in the global medical lasers market share. The regions covered in the global medical lasers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical lasers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The medical lasers market consists of sales of solid-state laser systems, gas laser systems, dye laser systems, and diode laser systems. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The medical lasers market research report is one of a series of new reports from The Business Research Company that provides medical lasers market statistics, including medical lasers industry global market size, regional shares, competitors with a medical lasers market share, detailed medical lasers market segments, market trends and opportunities, and any further data you may need to thrive in the medical lasers industry. This medical lasers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Tunable diode laser analyzers (TDL analyzers) refer to gas analyzers that use laser absorption spectrometry to determine the concentration of specific species in a gas mixture. The main types of gas analyzers include oxygen (O2) analyzer, ammonia (NH3) analyzer, Cox analyzer, moisture (H2O) analyzer, HX analyzer, CxHx analyzer, and others. The ammonia (NH3) gas analyzer is a unique tunable diode laser spectrometer used for direct ammonia measurement in stack and ammonia slip applications. For low maintenance and precise measurement, it employs a folded-path laser beam configuration. The different measurement types include in-situ, and extractive, and are implemented in a wide range of verticals such as oil and gas, metals and mining, fertilizers, cement, chemicals and pharmaceuticals, pulp and paper, and semiconductors. The global tunable diode laser analyzer market is segmented - 1) By Gas Analyzer: Oxygen (O2) Analyzer, Ammonia (NH3) Analyzer, Cox Analyzer, Moisture (H2O) Analyzer, HX Analyzer, CxHx Analyzer, Others 2) By Measurement Type: In-Situ, Extractive 3) By End Use Industry: Oil And Gas, Metals And Mining, Fertilizers, Cement, Chemicals And Pharmaceuticals, Pulp And Paper, Semiconductors The global tunable diode laser analyzer market size grew from $0.45 billion in 2022 to $0.49 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global tunable diode laser analyzer is expected to grow to $0.69 billion in 2027 at a CAGR of 9.0%. The rapid industrialization is expected to propel the growth of the tunable diode laser analyzer market going forward. Industrialization refers to the process, by which an economy is transformed from a primarily agricultural one to one based on the manufacturing of goods. Tunable diode laser analyzers are used for measuring the concentration of specific species within a gas mixture using laser absorption spectrometry in various industries such as oil and gas, petrochemical, landfill sites, chemical plants. For instance, according to India Brand Equity Foundation, an Indian Government export promotion agency, the appliances and consumer electronics (ACE) market in India is expected to grow to USD 21.18 billion by 2025 from USD 10.93 billion in 2019. India has potential to become a global manufacturing hub and by 2030, it can add more than USD 500 billion annually to the global economy. Therefore, the rise in demand for quality inspection and assurance is driving the growth of the tunable diode laser analyzer market. Major players in the tunable diode laser analyzer market are Emerson Electric Co., Yokogawa Electric Corporation, Servomex, AMETEK Inc., ABB Ltd., Mettler-Toledo International Inc., NEO monitors, Siemens AG, SpectraSensors, Focused Photonics, Norsk Elektro Optikk (NEO) Monitors AS, Unisearch Associates Inc., Axetris AG, and Boreal Laser Inc. Product innovation is a key trend gaining popularity in the tunable diode laser analyzer market. Many companies operating in the tunable diode laser analyzer market are developing innovative products with advanced technologies to strengthen their position. For instance, in April 2021, Yokogawa Electric Corporation, a Japanese multinational electrical engineering and software company developed the TDLS8200 probe type tunable diode laser spectrometer, as part of its OpreX Analyzer family. The unique features include low installation cost, high measurement stability, and high reliability of the preceding TDLS8100, the TDLS8200, able to simultaneously measure oxygen, carbon monoxide, and methane gas concentrations directly and at high speed. In July 2021, Skyworks Solutions, Inc., an innovator of high-performance analog semiconductors acquired the infrastructure and automotive business of Silicon Labs for a deal value of $2.75 billion. This acquisition strengthens the position of Skyworks in the market. Silicon Labs is a US-based semiconductor manufacturing company. Asia-Pacific was the largest region in the tunable diode laser analyzer market in 2022. Asia-Pacific is predicted to record the fastest growth over the forecast period. The regions covered in the global tunable diode laser analyzer market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the tunable diode laser analyzer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The tunable diode laser analyzer market consists of sales hydrocarbon analyzers, infrared analyzers, nitrogen oxides and ammonia analyzers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The tunable diode laser analyzer market research report is one of a series of new reports from The Business Research Company that provides tunable diode laser analyzer market statistics, including tunable diode laser analyzer industry global market size, regional shares, competitors with a tunable diode laser analyzer market share, detailed tunable diode laser analyzer market segments, market trends and opportunities, and any further data you may need to thrive in the tunable diode laser analyzer industry. This tunable diode laser analyzer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Welding products refer to the materials or consumables that are used to carry out the welding process to create parts and finished products for a wide range of industries. These are the products that use a filler material in the welding process for joining metals such as stainless steel, aluminum, nickel, and copper alloys, cobalt, and titanium. The main product types in welding products are stick electrodes, solid wires, flux-cored wires, saw wires and fluxes, and others. Stick electrodes are consumable used for repairing work and they are self-shielded and cut down on the amount of equipment needed. The different types of technologies include arc welding, resistance welding, oxy-fuel welding, laser beam welding, others and is implemented in various verticals such as the automobile and transportation sector, building and construction, marine, and others. The global welding products market is segmented - 1) By Product: Stick Electrodes, Solid Wires, Flux Cored Wires, Saw Wires and fluxes, Other Products 2) By Technology: Arc Welding, Resistance Welding, Oxy Fuel Welding, Laser Beam Welding, Other Technologies 3) By Application: Automotive And Transportation, Building And Construction, Marine, Other Applications The global welding products market size will grow from $14.96 billion in 2022 to $16.37 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global welding products is expected to grow to $22.11 billion in 2027 at a CAGR of 7.8%. The rapid expansion of the construction sector is expected to propel the growth of the welding products market in the forecast period. The construction sector is a very diverse industry that includes various activities such as infrastructure, buildings, and maintenance. Welding is mostly used in the production of structural frameworks from metal components. Welding is used for joining trusses, footers, steel I-beams and columns that maintain a building's walls, roof, and floors. For instance, according to the Intercontinental Exchange (ICE), a US-based technology company the global construction sector is expected to grow to $8 trillion by 2030. Therefore, the rapid expansion in the construction sector drives the growth of the welding products market. Major players in the welding products market are The Lincoln Electric Company, Colfax Corporation, Illinois Tool Works Inc., Kemppi Oy, Kiswel Inc., Obara Corporation, Senor Metals Pvt. Ltd., Tianjin Bridge Welding Materials Co. Ltd., ESAB, and Ador Welding Ltd. Technological advancement in welding products is a key trend gaining popularity in the welding products market. The key players in the welding products market are developing technologically advanced products with improved impact wear resistance and combined abrasion to meet industrial requirements. For instance, in July 2022, Vitesco Technologies, a Germany-based automotive supplier for drivetrain and powertrain technologies, launched new green laser equipment, a new laser welding technology for sustainable manufacturing. Depending on the application, the use of green lasers can cut energy consumption by up to 20% and the CO2 footprint per laser-welded joint when compared to infrared laser systems, which have been the industry standard in copper welding up until now. In November 2022, Manufacturing Technology, Inc., (MTI), a US-based contract precision manufacturer, acquired Friction Welding Technologies Pvt. Ltd. (FWT) for an undisclosed amount. The acquisition enables MTI to broaden their product line and global reach with the addition of 40,000 square feet of space in India. The acquisition gives FWT more resources to grow their position in the markets they now serve. Friction Welding Technologies is an India-based direct drive friction welding company. Asia-Pacific was the largest region in the welding products market in 2022. The regions covered in the welding products market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the welding products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The welding products market consists of sales of filler metals, TIG torches, ground clamps, and welding cables. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The welding products market research report is one of a series of new reports from The Business Research Company that provides welding products market statistics, including welding products industry global market size, regional shares, competitors with a welding products market share, market segments, market trends and opportunities, and any further data you may need to thrive in the welding products industry. This welding products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Laser marking refers to a permanent process that uses a beam of concentrated light for creating a lasting mark on a surface. It utilizes a concentrated beam of light to leave a permanent mark on a surface. A fiber, pulsed, continuous wave, green, or UV laser system is commonly used for laser marking, and it covers a wide range of applications. Laser marking employs no consumables and requires less maintenance than other non-permanent marking procedures like printing or labelling. The main types of lasers marking machines include CO2 laser, Fiber laser, Green laser, UV laser and YAG laser. The CO2 laser marking machines are used for working with non-metallic materials and most plastics. The offerings include hardware, software, and services used for various applications include automotive, aerospace, machine tool, electronics and microelectronics, medical, packaging, military, and others. The global laser marking machine market is segmented – 1) By Type: CO2 Laser, Fiber Laser, Green Laser, UV Laser, YAG Laser, Other Types 2) By Offering: Hardware, Software, Services 3) By Application: Automotive, Aerospace, Machine Tool, Electronics and Microelectronics, Medical, Packaging, Military, Other Applications The global laser marking machine market size grew from $2.62 billion in 2022 to $2.81 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The laser marking machine market size is expected to grow to $3.73 billion in 2027 at a CAGR of 7.3%. The increase in adoption of laser marking across end-users is significantly driving the growth of the laser marking machine market. The laser marking is highly adopted for its superior consistency, competitor advantage, precision, and timely engraving. In June 2020, Laserax, a Canada-based industrial laser machines and systems manufacturer, announced the LXQ Fiber Laser Marker series that is redefining how simple and accessible laser system integration can be. The laser's characteristics are intended not just to reduce integration time and expense, but also to facilitate collaboration between system integrators and laser experts, a critical aspect for quick and easy laser integration. This series provides unrivalled speed and reliability, making it suitable for end-users metal marking applications. It is capable of producing permanent marks such as data matrix codes, QR codes, serial numbers, alphanumeric characters, and logos. Hence, the increasing adoption of laser marking across end-users is expected to drive the laser marking machine market in the upcoming years. Major players in the laser marking machine market are Gravotech Marking, Epilog, TYKMA Electrox, Han's Laser, LaserStar Technologies Corporation, Trotec Laser, Mecco, Telesis Technologies, Videojet Technologies, Coherent, Sea Force, Keyence Corporation, Huagong Tech Company, ROFIN-SINAR Laser GmbH, and Universal Laser Systems. Product innovation is a key trend gaining momentum in popularity in the laser marking machine market. The key players in the laser marking market are focusing on innovating laser marking products to gain their market position. For instance, in June 2020, Olympus, a Japan-based company providing innovative solutions for medical and surgical procedures, commercially launched the Soltive SuperPulsed Laser System (Soltive Laser System), an innovative application of thulium fiber laser technology designed for soft tissue ablation and stone lithotripsy. Soltive's SuperPulsed Laser System was the first major fiber laser innovation in 20 years for applications in stone lithotripsy and soft tissue. Soltive's SuperPulsed Laser System for stone lithotripsy and soft tissue can dusts stones in half the time other lasers do and cuts soft tissue more precisely with improved hemostasis. In August 2020, Markem-Imaje, a Switzerland-based product identification & traceability solutions provider, acquired Solaris Laser S.A. for an undisclosed amount. This acquisition reinforces the company's Markem-Imaje's position in the market. Further, this will allow Markem-Image to better meet expanding client demand for laser coding technologies, which provide key reliability and productivity benefits in specific applications. Solaris Laser is a Poland-based company involved in the manufacturing of industrial Fiber and CO2 laser coding, marking, and engraving systems. Asia-Pacific was the largest region in the laser marking machine market in 2022. The regions covered in the laser marking market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Laser Marking Machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The laser marking machine market consists of sales of pulsed machines, continuous wave machines, underbonnet parts, structural components, body panels, headlamps, bumpers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this laser marking machine market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The laser marking machine market research report is one of a series of new reports from The Business Research Company that provides laser marking machine market statistics, including laser marking machine industry global market size, regional shares, competitors with laser marking machine market share, detailed laser marking machine market segments, market trends and opportunities, and any further data you may need to thrive in the laser marking machine industry. This laser marking machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The LiDAR are used to examine the surface of the earth. LiDAR is a laser imaging detection and ranging system in which laser, a form of light, is used to measure the variable distances from earth. LiDAR technology is popularly used to measure a large number of areas in a relatively small amount of time with more accuracy than manual labor. It is a technology used to create three-dimensional images. The main types of LiDAR are terrestrial, aerial, and mobile. Terrestrial LiDAR is also called Terrestrial Laser Scanning (TLS) or topographic LiDAR. Terrestrial LiDAR is categorized into three types depending on the distance they travel – namely, short-range, medium-range, and long-range scanners. The components used in LiDAR are laser scanner, navigation and positioning systems, and others. The various technologies involved in LiDAR are 2D, 3D, and 4D. LiDAR is used in mapping and cartography, ADAS (Advanced Driver-Assistance System), environment, exploration and detection, and other applications. The end users of LiDAR are defense and aerospace, civil engineering, archaeology, forestry and agriculture, mining, and transportation. The global LiDAR market is segmented – 1) By Component: Laser Scanner, Navigation and Positioning Systems, Other Components 2) By Type: Terrestrial, Aerial, Mobile 3) By Technology: 2D, 3D, 4D 4) By Applications: Mapping and Cartography, ADAS (Advanced Driver-Assistance System), Environment, Exploration and Detection, Other Applications 5) By End User: Defense and Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, Transportation The global LiDAR market size grew from $1.8 billion in 2022 to $2.19 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global LiDAR is expected to grow to $4.78 billion in 2027 at a CAGR of 21.6%. The rising demand for 3D imaging is expected to propel the growth of the LiDAR market. 3D imaging is a technique that develops or creates the impression of depth within an image by deploying 2D data into the 3-dimensional format. For instance, in April 2021, according to the data provided by the USGS, United States, the government initiated a 3D Elevation Program (3DEP) and the goal is to complete it by 2023. The aim of the program is to provide the first-ever national baseline of consistent high-resolution three-dimensional data that includes bare earth elevations and three-dimensional point clouds and are collected in a timeframe of less than a decade to complete the acquisition of nationwide LiDAR. Therefore, the rise in demand for 3D imaging drives the LiDAR market. Major players in the LiDAR market are Velodyne, Leica Geosystems AG, LEOSPHERE SAS, HEXAGON, Leica Geosystems AG, GeoSLAM Ltd., Firmatek LLC, RIEGL Laser Measurement Systems GmbH, Mira Solutions Inc., Aerometric Surveys, Airborne Hydrography AB, Faro Technologies Inc., Phoenix LiDAR Systems, Innoviz Technologies Ltd., Waymo LLC, Valeo SA, Neptec Technologies Corp, and ZX LIDARS. The increasing investments in LiDAR startups by automotive giants is a key trend gaining popularity in the LiDAR market. Certain vehicle operations demand robust radars which are fulfilled by LiDAR, making automakers realize the full potential of LiDAR in the self-driving cars market. The cost of LiDAR as compared to the outrageous cost of other sensors is attracting most automakers to implement LiDAR in vehicles, resulting in increasing investments into LiDAR startups. An autonomous vehicle requires a detailed understanding, which is best achieved by 4D LiDAR. For instance, in May 2021, Pony.ai self-driving car backed by Toyota based in the United States collaborated with Lumiar Corporation. Under this partnership, Pony.ai will use LiDAR offered by Luminar in its robo taxi production. The multi-purpose utilization of LiDAR in next-gen (specifically autonomous) vehicles is compelling the automakers to invest in LiDAR startups. In February 2021, Aurora innovation, an American self-driving technology business, acquired OURS (Optical Universal RISC Systems) technology, an America-based LiDAR startup for an undisclosed amount. Through this acquisition, Aurora Innovation aims to reduce the cost of sensors as well as improve the accuracy of autonomous driving and robotics applications offered. OURS’s expertise is in developing LiDAR chips and this acquisition adds to the expertise Aurora innovation already have, thus accelerating their work. North America was the largest region in the LiDAR market in 2022. Asia-Pacific is expected to be the fastest-growing region in the LiDAR market share during the forecast period. The regions covered in the LiDAR market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the LiDAR market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The LiDAR market includes revenues earned by entities by providing storm surge modeling, hydrodynamic modeling, shoreline mapping, emergency response. The LiDAR market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The LiDAR market research report is one of a series of new reports from The Business Research Company that provides LiDAR market statistics, including LiDAR industry global market size, regional shares, competitors with a LiDAR market share, detailed LiDAR market segments, market trends and opportunities, and any further data you may need to thrive in the LiDAR industry. This LiDAR market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.