The Europe Industrial Lasers Systems Market would witness market growth of 7.0% CAGR during the forecast period (2022-2028).
In terms of power levels, brightness, and mode of operation, industrial laser systems are still evolving. While continuous wave (cw) laser systems are advancing in terms of efficiency, compactness, and robustness, ultra-short pulse (USP) solid-state lasers (SSL), are gaining traction in the industry because of their high average power levels, increasing pulse energies, and more flexible repetition rates, allowing for increased productivity and novel materials processing applications. For example, TRUPMF's laser systems portfolio, reflects this general trend and is thus a fascinating subject for tracing the evolution of industrial laser systems from early CO2 lasers to the latest generation of diode-pumped nanosecond-pulsed thin-disk lasers with up to 400W of average output power at 343nm. Novel applications such as EUV light production, laser lift-off, and surface annealing are now possible due to the sophisticated laser family.
In the automotive sector, industrial lasers are used to cut metals and create the vehicle's body. The automotive industry is critical to Europe's economic development. The automobile industry employs 13.8 million Europeans directly and indirectly, accounting for 6.1 percent of overall employment in the EU. Direct production of automobiles employs 2.6 million people, accounting for 8.5 percent of all manufacturing jobs in the EU. The EU is one of the world's leading makers of automobiles, and the automotive industry is the greatest private investor in R&D. (R&D). The European Commission encourages worldwide technology harmonization and provides money for R&D to boost the competitiveness of the EU automobile industry and maintain its technological leadership.
The Germany market dominated the Europe Industrial Lasers Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2025.8 Million by 2028. The UK market is exhibiting a CAGR of 6.1% during (2022 - 2028). Additionally, The France market is would grow at a CAGR of 7.8% during (2022 - 2028).
Based on Type, the market is segmented into Macro processing and Micro processing. Based on Power, the market is segmented into More than 1.1 kW and Less than 1 kW. Based on Application, the market is segmented into Cutting, Welding, Non-metal processing, Additive manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Industrial Lasers Systems Market will Hit $29.4 Billion by 2028, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Coherent, Inc., NKT Photonics A/S (NKT A/S), IPG Photonics Corporation, Jenoptik AG, TRUMPF GmbH + Co. KG, LUMIBIRD, Amonics Ltd., Apollo Instruments Inc., CY Laser SRL, and TOPTICA Photonics AG.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Macro processing
- Micro processing
By Power
- More than 1.1 kW
- Less than 1 kW
By Application
- Cutting
- Welding
- Non-metal processing
- Additive manufacturing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Coherent, Inc.
- NKT Photonics A/S (NKT A/S)
- IPG Photonics Corporation
- Jenoptik AG
- TRUMPF GmbH + Co. KG
- LUMIBIRD
- Amonics Ltd.
- Apollo Instruments Inc.
- CY Laser SRL
- TOPTICA Photonics AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Industrial Lasers Systems Market, by Type
1.4.2 Europe Industrial Lasers Systems Market, by Power
1.4.3 Europe Industrial Lasers Systems Market, by Application
1.4.4 Europe Industrial Lasers Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr – 2022, Jan) Leading Players
Chapter 4. Europe Industrial Lasers Systems Market by Type
4.1 Europe Macro processing Market by Country
4.2 Europe Micro processing Market by Country
Chapter 5. Europe Industrial Lasers Systems Market by Power
5.1 Europe More than 1.1 kW Market by Country
5.2 Europe Less than 1 kW Market by Country
Chapter 6. Europe Industrial Lasers Systems Market by Application
6.1 Europe Cutting Market by Country
6.2 Europe Welding Market by Country
6.3 Europe Non-metal processing Market by Country
6.4 Europe Additive manufacturing Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Industrial Lasers Systems Market by Country
7.1 Germany Industrial Lasers Systems Market
7.1.1 Germany Industrial Lasers Systems Market by Type
7.1.2 Germany Industrial Lasers Systems Market by Power
7.1.3 Germany Industrial Lasers Systems Market by Application
7.2 UK Industrial Lasers Systems Market
7.2.1 UK Industrial Lasers Systems Market by Type
7.2.2 UK Industrial Lasers Systems Market by Power
7.2.3 UK Industrial Lasers Systems Market by Application
7.3 France Industrial Lasers Systems Market
7.3.1 France Industrial Lasers Systems Market by Type
7.3.2 France Industrial Lasers Systems Market by Power
7.3.3 France Industrial Lasers Systems Market by Application
7.4 Russia Industrial Lasers Systems Market
7.4.1 Russia Industrial Lasers Systems Market by Type
7.4.2 Russia Industrial Lasers Systems Market by Power
7.4.3 Russia Industrial Lasers Systems Market by Application
7.5 Spain Industrial Lasers Systems Market
7.5.1 Spain Industrial Lasers Systems Market by Type
7.5.2 Spain Industrial Lasers Systems Market by Power
7.5.3 Spain Industrial Lasers Systems Market by Application
7.6 Italy Industrial Lasers Systems Market
7.6.1 Italy Industrial Lasers Systems Market by Type
7.6.2 Italy Industrial Lasers Systems Market by Power
7.6.3 Italy Industrial Lasers Systems Market by Application
7.7 Rest of Europe Industrial Lasers Systems Market
7.7.1 Rest of Europe Industrial Lasers Systems Market by Type
7.7.2 Rest of Europe Industrial Lasers Systems Market by Power
7.7.3 Rest of Europe Industrial Lasers Systems Market by Application
Chapter 8. Company Profiles
8.1 Coherent, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 NKT Photonics A/S (NKT A/S)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 IPG Photonics Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Jenoptik AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.5.2 Geographical Expansions:
8.5 TRUMPF GmbH + Co. KG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 LUMIBIRD
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Amonics Ltd.
8.7.1 Company Overview
8.8 Apollo Instruments, Inc.
8.8.1 Company Overview
8.9 CY Laser SRL
8.9.1 Company Overview
8.10. TOPTICA Photonics AG
8.10.1 Company Overview
TABLE 1 Europe Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 2 Europe Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Industrial Lasers Systems Market
TABLE 4 Product Launches And Product Expansions– Industrial Lasers Systems Market
TABLE 5 Acquisition and Mergers– Industrial Lasers Systems Market
TABLE 6 Geographical Expansions - Industrial Lasers Systems Market
TABLE 7 Europe Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 8 Europe Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 9 Europe Macro processing Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Macro processing Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Micro processing Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Micro processing Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 14 Europe Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 15 Europe More than 1.1 kW Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe More than 1.1 kW Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Less than 1 kW Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Less than 1 kW Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 20 Europe Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 21 Europe Cutting Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Cutting Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Welding Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Welding Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Non-metal processing Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Non-metal processing Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Additive manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Additive manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Industrial Lasers Systems Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Industrial Lasers Systems Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 34 Germany Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 35 Germany Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 36 Germany Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 37 Germany Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 38 Germany Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 39 Germany Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 40 Germany Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 41 UK Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 42 UK Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 43 UK Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 44 UK Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 45 UK Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 46 UK Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 47 UK Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 48 UK Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 49 France Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 50 France Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 51 France Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 52 France Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 53 France Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 54 France Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 55 France Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 56 France Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 57 Russia Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 58 Russia Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 59 Russia Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 60 Russia Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 61 Russia Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 62 Russia Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 63 Russia Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 64 Russia Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 65 Spain Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 66 Spain Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 67 Spain Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 68 Spain Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 69 Spain Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 70 Spain Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 71 Spain Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 72 Spain Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 73 Italy Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 74 Italy Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 75 Italy Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 76 Italy Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 77 Italy Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 78 Italy Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 79 Italy Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 80 Italy Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Industrial Lasers Systems Market, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Industrial Lasers Systems Market, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Industrial Lasers Systems Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Industrial Lasers Systems Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Industrial Lasers Systems Market by Power, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Industrial Lasers Systems Market by Power, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Industrial Lasers Systems Market by Application, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Industrial Lasers Systems Market by Application, 2022 - 2028, USD Million
TABLE 89 Key Information – Coherent, Inc.
TABLE 90 Key Information – NKT Photonics A/S
TABLE 91 Key Information – IPG Photonics Corporation
TABLE 92 Key Information – Jenoptik AG
TABLE 93 Key Information – TRUMPF GmbH + Co. KG
TABLE 94 Key Information – LUMIBIRD
TABLE 95 Key Information – Amonics Ltd.
TABLE 96 Key Information – Apollo Instruments, Inc.
TABLE 97 Key Information – CY Laser SRL
TABLE 98 Key Information – TOPTICA Photonics AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2018, Apr – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: IPG Photonics Corporation
FIG 6 Recent strategies and developments: Jenoptik AG
FIG 7 Recent strategies and developments: TRUMPF GmbH + Co. KG