The global High Power Lasers market was valued at 149.58 Million USD in 2021 and will grow with a CAGR of 7.02% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

High power lasers is a device that emits light through a process of optical amplification based on the stimulated emission of electromagnetic radiation. While in industrial applications refers to laser power with above 1000 watts.The high power lasers industry concentration is relative high; there are three mainly manufacturers in the world, and the products mainly from Germany and USA. Global giant manufactures mainly distributed in United States and Germany. The manufacturers in the USA and Europe have a long history and unshakable status in this field. Manufacturers such as Trumpf have relative higher level of product`s quality. IPG has become as a global leader. Many companies have several branch offices, usually locate in the place close to aimed consumption region. There are international companies set up branch office in China either. Some companies usually take a joint venture enter into aim market, like Trumpf who takes their advantage merge with US company, whose key market is in North-America and Europe. The key consumption markets locate at developed countries. We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve. The market is not only influenced by the price, but also influenced by the product performance. As the top three companies all have a high level of science and technology of high power lasers, so they have a small price difference. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go wide. Similarly, there will be fluctuation in gross margin.

By Market Verdors:

IPG Photonics

TRUMPF

Rofin

Coherent

nLIGHT

Prima

FANUC

Lumentum

Bystronic Laser

Wuhan Raycus

Han`s Laser

By Types:

CO2 Lasers

Solid-State Lasers

Fiber Lasers

By Applications:

Cutting

Welding

Drilling

Surface Treatment

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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