How big is the India Laser Market?

The India Laser Market size is expected to reach USD 1.55 billion in 2024 and grow at a CAGR of 18.20% to reach USD 3.57 billion by 2029. Read More

What is the current India Laser Market size?

In 2024, the India Laser Market size is expected to reach USD 1.55 billion. Read More

Who are the key players in India Laser Market?

Amada Co. Ltd, Coherent Inc., Alpha Laser, Trumpf Group and Laserline GmbH are the major companies operating in the India Laser Market. Read More

What years does this India Laser Market cover, and what was the market size in 2023?

In 2023, the India Laser Market size was estimated at USD 1.31 billion. The report covers the India Laser Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Laser Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

India Laser Market - Share, Companies & Industry Size

India Laser Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Laser Technology Market Report Covers Laser Machine Manufacturers and is segmented by Type (Co2 Laser?, Fiber Laser?, Nd YaG Laser, and Other Types), and End User (Automotive, Railways, Construction, Agriculture, Communications, Solar Industry, and Other End Users). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

India Laser Industry Overview

The Indian laser market is fragmented in nature, where barriers to entry of new players are fairly low, coupled with laser equipment manufacturers witnessing an increase in revenue, by which the competitive rivalry in the studied market is increasing significantly. The competitive strategy is majorly comprised of innovations in equipment and technology, product launches, collaboration, and others. Key players include Amada Co. Ltd, Coherent Inc., Alpha Laser, Trumpf Group, and Laserline GmbH.

In June 2022, Bharat Fritz Werner Group introduced the first Laser-Directed Energy Deposition (L-DED) equipment, the Photon 1000H and Photon 1000R, driven by the Meltio in India, with Hybrid and Robotic versions to be made commercially accessible in India.

In April 2022, Bharat Fritz Werner Ltd (BFW) and m2nxt (a BFW subsidiary), India's top CNC and Industry 4.0 equipment and technologies firms, released the PHOTON 4000G Laser-Directed-Energy-Deposition (L-DED) machine, that is made in India and accessible globally.