17th International Laser Marketplace

The INTERNATIONAL LASER MARKETPLACE symposium traditionally accompanies the world leading trade fair LASER World of PHOTONICS. It is organized by OPTECH CONSULTING and LASER World of PHOTONICS.
The 17th International Laser Marketplace features presentations and a panel discussion.
Topics of the 17th International Laser Marketplace include:
- Global and regional markets for lasers and laser systems
- Trends for applications, technologies, markets
Presentations
- Lasers Everywhere: Shaping our Future
Dr. Sanjai Parthasarathi, Chief Marketing Officer, Coherent Corp. - The Global Market for Lasers and Laser Systems – Current Status and Trend
Dr. Arnold Mayer, President, Optech Consulting - Chinese Laser Market and Impact of Geopolitical Challenges
Prof. Bo Gu, Founder & President, BOS Photonics - Laser Materials Processing Markets and Applications in India
Maulik Patel, Executive Director, Sahajanand Laser Technology Ltd
Panel Discussion on
Trends and Challenges for the Industrial Laser Industry
with leading experts from the global market leaders:
- Dr. Thomas Fehn, Chief Sales Officer, Trumpf Laser Technology
- Trevor D. Ness, Senior Vice President, Sales and Strategic Business Development, IPG Photonics
- Dr. Sanjai Parthasarathi, Chief Marketing Officer, Coherent
17th International Laser Marketplace – Presentation Summaries
The Global Market for Industrial Lasers and Laser Systems – Current Status and Trend
Dr. Arnold Mayer, President, Optech Consulting
Since 2021, the global market for laser systems for materials processing only increased at low-single-digit rates. This compares to average annual growth rates close to 10% for the decade before. Is the decelerated growth in the last three years the result of a cyclical downturn as observed several times in the past? Or has the market changed fundamentally? In our presentation we will provide answers based on an analysis of the market and its drivers. Our presentation will also provide an update for the key market data and a market forecast for industrial lasers and laser systems.
Chinese Laser Market and Impact of Geopolitical Challenges
Prof. Bo Gu, Founder &President, BOS Photonics
The Chinese industrial laser market grew slower but steady in 2024 than the previous year thanks to not yet eliminated impact of Covid-19, weak global demand, and disrupted global supply chain. It has become more challenging than ever how international laser and photonics companies should navigate in this world’s largest growing market while dealing with geopolitical uncertainty. We will discuss the Chinese laser market in detail, provide some insights on its dynamics, present the annual performance data of the Chinese industrial laser market for 2024, and underline some of the highlights and trends. Finally we will give our forecast for 2025.
Laser Materials Processing Markets and Applications in India
Maulik Patel, Executive Director, SLTL Group – Sahajanand Laser Technology Ltd
The industrial laser and system market in India is growing rapidly. Laser machines are produced locally and imported. The presentation will analyze the laser materials processing market in India and its major segments and growth trends. Also the trend of laser machine imports will be analyzed. Industrial production in India is the fifth largest in the world. The major industry sectors are agriculture, automobile, gems & jewelry, and healthcare & medical. India has the second largest pool of engineers and scientists, worldwide. Many engineers work in IT, including the development of Industry 4.0.
Lasers Everywhere: Shaping our Future
Dr. Sanjai Parthasarathi, Chief Marketing Officer, Coherent Corp.
We will explore how lasers are integrated into our daily lives and driving transformative global megatrends. Lasers are the backbone of innovation across multiple markets, from AI clusters for datacenters and next-gen displays to groundbreaking medical advancements like in-situ glucometry. We will delve into market dynamics, growth potential, and the far-reaching impact of laser applications in datacom and telecom, precision manufacturing, advanced lithography, semiconductor and display production, automotive technology, consumer electronics, life sciences, and instrumentation. This session will show how photonics is shaping the future and redefining what is possible across industries.
17th International Laser Marketplace – Program
Venue: LASER World of PHOTONICS, Munich Trade Fair, Hall B3
Date: 26 June 2025, 10am to 12am
10.00-10.20 | Lasers Everywhere: Shaping our Future Dr. Sanjai Parthasarathi, Chief Marketing Officer, Coherent Corp. |
10.20-10.40 | Chinese Laser Market and Impact of Geopolitical Challenges Prof. Bo Gu, Founder &President, BOS Photonics |
10.40-11.00 | Laser Materials Processing Markets and Applications in India Maulik Patel, Executive Director, Sahajanand Laser Technology Ltd |
11.00-11.20 | The Global Market for Lasers and Laser Systems – Current Status and Trend Dr. Arnold Mayer, President, Optech Consulting |
11.20-12.00 | Trends and Challenges for the Industrial Laser Industry Panel Discussion |
17th International Laser Marketplace – Speakers

Dr. Arnold Mayer is president and founder of Optech Consulting, a consultancy specializing in the laser and photonics industry. Prior to founding Optech Consulting in 1992 Arnold held positions in business development, industrial R&D, and management consulting. He received his degree in physics from the University of Stuttgart, Germany, and his PhD at the Max Planck Institute for Solid State Research in Stuttgart.
Arnold Mayer chairs the 17th International Laser Marketplace and gives a presentation on The Global Market for Industrial Lasers and Laser Systems – Current Status and Trend.

Dr. Sanjai Parthasarathi, Chief Marketing Officer, Coherent Corp.
Sanjai Parthasarathi joined Coherent Corp. in 2013 and has been the Chief Marketing Officer since 2019. Previously, Dr. Parthasarathi was Vice President, Product Marketing and Strategy, Photonics, since 2015. Prior to Coherent, he served as Senior Director, Product Line Management, at Oclaro. Over his 30+ year career he has broad management and technical experience and the opportunity to work in all of the diverse markets that Coherent addresses. Dr. Parthasarathi graduated from the Indian Institute of Technology, Madras, with a B.S. degree in Mechanical Engineering, and holds an M.S. in Mechanical and Aerospace Engineering from the University of Virginia and a Ph.D. in Engineering Science from the Pennsylvania State University.
At the 17th International Laser Marketplace Dr. Parthasarathi will give a presentation titled: Lasers Everywhere: Shaping our Future.
Dr. Parthasarathi will also participate in the panel discussion on Trends and Challenges for the Industrial Laser Industry.

Maulik Patel, Executive Director, SLTL Group – Sahajanand Laser Technology Ltd
Maulik Patel is Executive Director and responsible for Global Business for SLTL Group since 2015. SLTL Group has been the centre point for revolution of Fiber laser for sheet metal cutting application as being the World’s First Fiber laser Cutting Machine Manufacturer since 2002. Major laser business divisions are Diamond Processing laser systems where SLTL is world’s Largest and Industrial Laser systems where focus is on Medical industry, Jewellery, Electronics, Automotive industry, Laser additive manufacturing, applications in e-mobility and general engineering. Maulik started working with SLTL Group since 2009 and received a degree in Mechatronics Engineering and Management Development from IIM-Ahmedabad in 2012.
At the 17th International Laser Marketplace Maulik Patel will present on Laser Materials Processing Markets and Applications in India.

Prof. Bo Gu, Founder &President, BOS Photonics
Prof. Bo Gu, Ph.D., is the founder and president of BOS Photonics. He has been working in photonics and laser industry for more than 35 years in Asia and North America as a corporate executive which gives him a great insight and a unique perspective about the these regions, especially its business environment and the market dynamics. Dr. Bo Gu is a Fellow of Canadian Academy of Engineering and the recipient of the Laser Institute of America (LIA) Arthur Leonard Schawlow Award and the International Society for Optics and Photonics (SPIE) Maiman Laser Award.
At the 17th International Laser Marketplace Prof. Bo Gu will give a presentation titled: Chinese Laser Market and Impact of Geopolitical Challenges.

Trevor D. Ness, Senior Vice President, Sales and Strategic Business Development, IPG Photonics
Trevor D. Ness has served as IPG’s Senior Vice President, Sales and Strategic Business Development since February 2022. He has operational responsibility for IPG’s laser systems and medical businesses. From February 2013 until February 2022, he served as IPG’s Senior Vice President, Worldwide Sales. From January 2011 until February 2013, he served as IPG’s Vice President – Asian Operations. Prior to joining IPG, Mr. Ness was Director of GSI Precision Technologies China from May 2005 to December 2010, and prior, served as General Manager Technical Sales for four years in Japan and a year in Taiwan. Through 2000, Mr. Ness performed a variety of roles in the UK, including Service and Aftersales Management. Mr. Ness holds a B.S. in Geology from Imperial College, a H.N.C. from Bournemouth University and an M.B.A. from The Open University.
At the 17th International Laser Marketplace Trevor Ness will participate in the panel discussion on Trends and Challenges for the Industrial Laser Industry.

Dr. Thomas Fehn, Chief Sales Officer – Trumpf Laser Technology
Since 2020, Thomas Fehn is the Chief Sales Officer at TRUMPF Laser Technology, where he is responsible for Global Sales, Global Services and Global Technical Service. He brings extensive experience from previous management and board positions at TRUMPF, ATOP S.p.A., SPI Lasers Group, JENOPTIK AG, and predecessor companies of QIOPTIQ. Holding a PhD in Physics from the University of Bayreuth, Thomas Fehn has deep expertise in key markets such as Automotive, Healthcare & Life Science, Defense and Basic Research. His executive experience includes managing high-tech companies and portfolios, optimizing internal processes, and driving sustainable revenue growth.
At the 17th International Laser Marketplace Dr. Thomas Fehn will participate in the panel discussion on Trends and Challenges for the Industrial Laser Industry.