The global Laser Micromachining market was valued at US$ 252.5 million in 2020 and it is expected to reach US$ 380.2 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.
Laser micromachining system is a non-contact process which utilizes a laser for micro drilling, micro milling, micromachining, micro patterning, micro scribing and ablation for industrial applications.
The Asia Pacific region is the largest market with a market share of over 65%, followed by North America and Europe.
The main manufacturers are Coherent, GF Machining Solutions, 3D-Micromac, HANS LASER, AMADA WELD TECH, Lasea, GFH GmbH, OpTek, Oxford Lasers, Tianhong, IPG Photonics Corporation, Delphilaser, M-SOLV etc. Han Laser is the largest manufacturer in this market, with a market share of more than 13%, followed by Coherent.
Global Laser Micromachining Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Laser Micromachining Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Coherent, GF Machining Solutions, 3D-Micromac, HANS LASER, AMADA WELD TECH, Lasea, GFH GmbH, OpTek, Oxford Lasers, Tianhong, IPG Photonics Corporation, Delphilas M-SOLV and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- UV Laser Micromachining
- Green Laser Micromachining
Segment by Application
- Electronic Industry
- Semiconductor Industry
- Medical Instruments
Table of Content:
1 Laser Micromachining Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Laser Micromachining Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Laser Micromachining Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta