MRO Magazine

Global Laser Technology Market Worth USD 14.75 Billion by 2022 – Increase in Adoption of Lasers for Eye Treatments, MRI & Dermatology – Research and Markets

May 9, 2016
By Business Wire News


Research and Markets has announced the addition of the “Global Laser Technology market – By Type, Usage, End Use, Regions and Players – Market Size, Demand Forecasts, Industry Trends and Updates(2015-2022)” report to their offering.

The global laser technology market was USD 9.87 Billion in 2015 and is expected to grow at CAGR of 5.91% to reach USD 14.75 Billion by 2022.

As of 2015, North America led the segment but the APAC region is expected to have the largest market share with the maximum growth rate. This has been attributed to the increasing usage of technology products in the manufacturing industries of China and Japan.

A high precision coupled with greater productivity are some of the key advantages of laser solutions in the material processing applications over the traditional approaches. This has been one of the greatest drivers of this market.

Also with the enlarging scope of lasers in industries such as medical, aerospace, semiconductors, telecommunications and defense is further driving the market into the future. The usage of lasers in the medical industry is expected to be the maximum due to an increase in the adoption of lasers for eye treatments, MRIs, dermatology, optogenetics and confocal microscopy.

Key Topics Covered:

1. Market Size, Demand Forecasts, Industry Trends and Updates(2015-2022)

2. Market Overview

3. Market Dynamics

4. Global Laser Technology Market Segmentation, Forecasts and Trends – by Revenue

5. By Type

6. By End Use

7. By Region

8. Vendor Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Industry M&As, Consolidations

12. Investment Opportunities

13. Global Laser Technology market – Road Ahead

Companies Mentioned:

  • Coherent, Inc.
  • Epilog Laser
  • GSI Group Inc
  • Han’s Laser Technology Industry Group
  • IPG Photonics Corporation
  • Jenoptik AG
  • Lumentum Holdings Inc.
  • Newport Corporation
  • Rofin-Sinar Technologies, Inc.
  • Trumpf Group

For more information visit

Research and Markets
Laura Wood, Senior Manager
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