Technology industry

Global Laser Technology Industry to 2027 – Featuring 600 Group, Alltec and Coherent, among others – ResearchAndMarkets.com

DUBLIN–(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 from ResearchAndMarkets.com offer.

The global laser technology market size was estimated at USD 12.25 billion in 2020, is projected 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. here 2027.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes vendors in the Laser Technology Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Ratio price-performance, ease-of-use, product features, and customer support) that helps businesses make better decisions and better understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals the characteristics of the market in terms of accumulation, fragmentation, dominance and merger.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

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

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into 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 on the global laser technology market during the forecast period?

3. What are the products/segments/applications/areas to invest in during 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 major 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

  • Increased production of nano and micro devices

  • Increase in application in healthcare sector

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

Constraints

  • Lower prices for diode lasers and fiber lasers

Opportunities

  • Extending the implementation of lasers in industrial and retail applications

  • Growing adoption of lasers for optical communication

Challenges

  • Environmental Concerns Related to Laser Technology

Companies cited

  • Group 600 API

  • Alltec GmbH.

  • Bystronic Laser AG

  • Coherent Inc.

  • Epilogue Corporation

  • Eurolaser GmbH

  • Focuslight Technologies Inc.

  • Gravotech marking

  • Han’s Laser Technology Co., Ltd.

  • Ipg Photonics Corporation

  • Jenoptik SA

  • LaserStar Technologies Corporation

  • Lumentum LLC Operations

  • Lumibird Group

  • Mks Instruments Inc.

  • Novanta Inc.

  • International photonic industries. Inc.

  • Prima industry SPA.

  • TRUMPF Group

  • Universal Laser Systems Inc.

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