2023 Laser Market Data
Global Industrial Laser System Market Grows Moderately in 2023 and Reaches New Record High
02 May 2024
The volume of the global market for laser systems for materials processing in 2023 is estimated at USD 23.5 billion, corresponding to an increase of 4% vs the previous year. Market growth was led by the Americas (North and South), while growth in Europe and China lagged behind. This refers to the demand market measured in US$. The single market segments, e.g. microprocessing, cutting, welding etc. trended strongly different. The global market for laser sources for materials processing accounted for USD 5.4 billion in 2023.
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Industrial Laser System Market 2023 – Preliminary Data
02 January 2024
The volume of the global market for laser systems for materials processing in 2023 is estimated at USD 23.5 billion, corresponding to an increase of 4% vs the previous year. Market growth was led by the Americas (North and South), while growth in Europe and China lagged behind. This refers to the demand market measured in US$. The single market segments, e.g. microprocessing, cutting, welding etc. trended strongly different. The global market for laser sources for materials processing accounted for USD 5.4 billion in 2023.
