Global Laser Material Processing Market Overview
The Global Laser Material Processing Market was valued at USD 12.5 billion, driven by strong demand for high-precision fabrication technologies.
Key Players
- TRUMPF Group
- Coherent Corp.
- IPG Photonics Corporation
- Han's Laser Technology Industry Group Co., Ltd.
- Jenoptik AG
- Bystronic Group
- GF Machining Solutions
- Mitsubishi Electric Corporation
- Lumentum Holdings Inc.
- AMADA Co., Ltd.
- LaserStar Technologies Corporation
Market Drivers
The market is experiencing significant momentum due to
rapid industrial automation and the global shift toward digital manufacturing environments.
Author's summary: Global Laser Material Processing Market driven by automation.