chanelink logo
CHANELINK
Français

The global laser technology market is expected to reach 29.5 billion US dollars by 2029

637
2024-07-25 14:42:53
Voir la traduction

Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.

Global Laser Technology Market Forecast
The reasons for market growth include: the increasing demand for laser technology in the healthcare industry; Compared with traditional material processing methods, laser technology has better performance; Compared with traditional methods, more and more people tend to use lasers for material processing; Transitioning towards the production of nanodevices and microdevices; More and more people are adopting intelligent manufacturing technology.

Laser processing encompasses a wide range of applications of laser technology, utilizing the unique characteristics of lasers to accomplish various industrial tasks. Laser technology provides unparalleled precision, speed, and versatility in tasks such as cutting, welding, marking, engraving, and drilling various materials including metals, plastics, ceramics, and composite materials. Industries such as manufacturing, automotive, aerospace, electronics, healthcare, and consumer goods all heavily rely on laser processing technology because it can achieve high-quality processing results while minimizing material waste, reducing operating costs, and improving productivity.

From a regional perspective, the Asia Pacific region includes China, Japan, India, and South Korea. The region has the world's largest manufacturing centers, including China, Japan, and South Korea. These countries hold important positions in industries such as automobiles, electronics, semiconductors, and consumer goods, and are important users of laser technology in cutting, welding, marking, and engraving applications. The Asia Pacific region is experiencing rapid industrialization and urbanization, which is driving the demand for advanced manufacturing processes and technologies.

Source: Yangtze River Delta Laser Alliance

Recommandations associées

  • South Korean DE&T will open new subsidiaries in the United States and Canada

    Recently, DE&T, a South Korean manufacturer of secondary batteries and display laser equipment, announced that the company will further expand its overseas business by opening new subsidiaries in the United States and Canada. According to its claim, this move is to carry out maintenance services for laser equipment locally. As of now, DE&T's overseas subsidiaries have increased from two to...

    04-08
    Voir la traduction

  • Laser direct writing technology for preparing micrometer scale heatable graphene de icing and anti icing surfaces broadens the preparation method of new de icing and anti icing devices

    Research backgroundIn transportation, industrial production, and practical life, icing often brings great troubles, and the most serious is that during the flight of an aircraft, key components once frozen will seriously affect navigation safety.The traditional passive deicing and anti icing strategies for aircraft, such as mechanical vibration and anti freezing liquids, have problems such as inco...

    2023-10-16
    Voir la traduction

  • Progress makes laser based imaging simpler and more three-dimensional

    a. b. Schematic diagram of PACTER system calibration and imaging program. BT, beam trap; DAQ, data acquisition unit; HWP, half wave plate; PBS, polarization beam splitter; ER, traverse the relay. The difference between the two modes is highlighted by a black dashed box. c. Schematic diagram of a single component ultrasonic transducer manufactured on ER. d. The ultrasound transducer detected 1D P...

    2023-12-05
    Voir la traduction

  • Laser based deformation may lead to self optimized aircraft wings

    Due to advances in materials science by Stockholm researchers, changing the shape during flight to better handle airflow passing through its aircraft wings may be imminent. The trick involves the melting and drilling capabilities of lasers.Researchers from KTH Royal Institute of Technology in Stockholm, Sweden conducted experiments on paraffin. Using the 2D version of the material, they were able ...

    2024-01-18
    Voir la traduction

  • Scientists uncover the HPC potential of advances in communications and global laser light sources

    Thanks to the advent of high performance computing (HPC) for global laser light sources, the optical communications world is on the verge of major change. This revolutionary technology will redefine the way we transmit and receive data, bringing unprecedented speed and efficiency.Optical communication, which uses light to transmit information, has been a cornerstone of our digital world for deca...

    2023-08-04
    Voir la traduction