Top Companies in Lasers Market
This report lists the top Lasers companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Lasers industry.
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IPG Photonics Corporation
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TRUMPF
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Han's Laser Technology Industry Group Co., Ltd.
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Coherent Corp.
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Lumentum Operations LLC
*Disclaimer: Top companies sorted in no particular order
Lasers Market Concentration
Lasers Company List
Coherent Corp.
EKSPLA
Han's Laser Technology Industry Group Co. Ltd
IPG Photonics Corporation
Jenoptik AG
Keyence Corporation
Lumentum Operations LLC
LUMIBIRD
Maxphotonics Co. Ltd
nLIGHT Inc.
Novanta Inc.
TRUMPF
Wuhan Raycus Fiber Laser Technologies Co. Ltd
Specific to Lasers Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Lasers Market Companies Summary
The lasers market experienced moderate disruption in 2020 due to the COVID-19 pandemic and the temporary shutdown of various industries. However, the subsequent rise in the production of electrical and electronics, medical devices, and automotive, where lasers are significantly used, led to increased demand for lasers in 2021. The growth of the lasers market is also being driven by the increasing demand for laser systems from the electronics industry. However, high capital investment may pose a challenge to the market in the future. LiDAR technology is anticipated to provide new growth opportunities for the industry during the forecast period. The communication segment is expected to dominate the market, with laser systems providing communication through wireless technology. Laser communication terminals transmit and receive laser beams, which can be established between planets. The use of laser diodes to create laser signals and for feedback is common. Laser communication is incorporated into fiber-optic networks when fiber is not practically used. Laser communication has several advantages over radiofrequency, including higher bandwidth, low power loss, smaller antenna, less power required for transmission, and increased security. The growth of the telecommunications market is expected to boost demand for lasers in communication over the forecast period.
Explore MoreLasers Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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1.2 Market Share Analysis
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1.3 Strategies Adopted by Leading Players
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1.4 Company Profiles
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1.4.1 Coherent Corp.
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1.4.2 EKSPLA
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1.4.3 Han's Laser Technology Industry Group Co. Ltd
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1.4.4 IPG Photonics Corporation
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1.4.5 Jenoptik AG
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1.4.6 Keyence Corporation
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1.4.7 Lumentum Operations LLC
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1.4.8 LUMIBIRD
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1.4.9 Maxphotonics Co. Ltd
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1.4.10 nLIGHT Inc.
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1.4.11 Novanta Inc.
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1.4.12 TRUMPF
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1.4.13 Wuhan Raycus Fiber Laser Technologies Co. Ltd
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- *List Not Exhaustive
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Lasers Companies FAQs
Who are the key players in Lasers Market?
IPG Photonics Corporation, TRUMPF, Han's Laser Technology Industry Group Co., Ltd., Coherent Corp. and Lumentum Operations LLC are the major companies operating in the Lasers Market.