Worldwide Laser Technology Industry to 2027 – Featuring 600 Group, Alltec and Coherent Among Others

DUBLIN, March 04, 2022--(BUSINESS WIRE)--The "Laser Technology Market Research Report by Type, by Revenue, by Application, by End User, by Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Laser Technology Market size was estimated at USD 12.25 billion in 2020, is expected to reach USD 13.07 billion in 2021, and is projected to grow at a CAGR of 7.05% to reach USD 19.74 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Laser Technology Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Story continues

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Laser Technology Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Laser Technology Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Laser Technology Market?

4. What is the competitive strategic window for opportunities in the Global Laser Technology Market?

5. What are the technology trends and regulatory frameworks in the Global Laser Technology Market?

6. What is the market share of the leading vendors in the Global Laser Technology Market?

7. What modes and strategic moves are considered suitable for entering the Global Laser Technology Market?

Market Dynamics

Drivers

• Rising production of nano and micro devices

• Increasing application in healthcare sector

• Advanced performance offered by lasers compared to traditional material processing techniques

Restraints

Opportunities

Challenges

Companies Mentioned

• 600 Group PLC

• Alltec GmbH.

• Bystronic Laser AG

• Coherent Inc.

• Epilog Corporation

• Eurolaser GmbH

• Focuslight Technologies Inc.

• Gravotech Marking

• Han's Laser Technology Co., Ltd.

• Ipg photonics Corporation

• Jenoptik AG

• LaserStar Technologies Corporation

• Lumentum Operations LLC

• Lumibird Group

• Mks instruments Inc.

• Novanta Inc.

• Photonics industries international. Inc

• Prima industrie S. P.A..

• TRUMPF Group

• Universal laser systems Inc.

For more information about this report visit https://www.researchandmarkets.com/r/nne1cl

View source version on businesswire.com: https://www.businesswire.com/news/home/20220304005399/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Comments are closed.