English

It is expected that the global industrial laser system market size will reach 32.2 billion US dollars by 2028, and the Asia Pacific region's investment share in laser technology will continue to rise

229
2023-08-10 18:02:44
See translation

According to a latest overseas market research report, it is expected that the global industrial laser system market size will reach approximately 32.2 billion US dollars by 2028, with a compound annual growth rate of 8.3% from 2023 to 2028.

The future prospects of the global industrial laser system market are broad, with opportunities in numerous fields such as semiconductors and electronics, automobiles, aerospace and defense, as well as healthcare.

The main driving forces of this market include the continuous adoption of the Industrial Internet of Things, the increasing demand for material processing in various terminal industries, and the widespread application of various high-power laser products in production activities such as semiconductors, flat panel displays, lithium-ion batteries, LED for consumer electronics, and clean energy.

Industry analysts predict that fiber lasers will continue to be the largest product segment in the field of industrial laser systems during the forecast period.

Among numerous light source products, fiber lasers are highly favored for their excellent electro-optical conversion efficiency, excellent performance, minimal maintenance requirements, energy conservation and environmental protection, continuously expanding application scenarios, excellent beam quality, and higher stability.

In the future, the continuous pursuit of high efficiency, processing capability, and processing accuracy in industrial applications will drive fiber lasers towards higher brightness, higher power, and shorter pulses.

Equipped with corresponding intelligent and automation technologies, as well as unique processes and solutions, this mainstream industrial application laser will be applied in the power battery manufacturing, 3C, photovoltaic, 5G new infrastructure, rail transit, shipbuilding, aerospace, engineering machinery, and medical fields of the new energy vehicle industry, And many fields such as industrial processing (laser cutting, welding, marking, surface treatment, laser cleaning, laser cladding, additive manufacturing, etc.) have shone brightly, continuously contributing to the further transformation and upgrading of the manufacturing industry.

The application demand for fiber lasers is constantly penetrating into fields such as new energy, shipbuilding, rail transit, aerospace, 5G new infrastructure, engineering machinery, and industrial processing
In addition, due to the widespread use of lasers in semiconductor production and processing, precision micro processing fields such as semiconductors and electronics are expected to continue to be a significant niche application market.

On the one hand, the application of lasers in the semiconductor field is becoming increasingly widespread, including the manufacturing of semiconductor devices, semiconductor material processing, semiconductor testing, and other aspects.

Among them, the application of lasers in semiconductor device manufacturing is particularly prominent, which can be used for etching, photolithography, cleaning, annealing and other process steps.

In the processing of semiconductor materials, laser cutting, laser marking and other technologies have become mainstream, with advantages such as high precision, high efficiency, and non-contact. They are widely used in fields such as LED, solar cells, and semiconductor chips.

In semiconductor testing, laser has become an important detection tool, which can be used for material structure analysis, surface defect detection, crystal quality evaluation, and other aspects.

On the other hand, laser microfabrication is a rapidly developing field that is rapidly innovating the production processes of the entire industrial and scientific fields.

With the arrival of the era of high-end manufacturing, the application of precision and micro processing is a key direction of laser processing. Many industries such as microelectronics, 3C/5G, new materials, wearable electronic devices, medical equipment, aerospace, new energy vehicles, photovoltaic, OLED, and additive manufacturing, life sciences, scientific research, etc. have strong demand for laser precision processing.

From a regional perspective, in the next five years, due to the increasing investment share in the laser technology field in the Asia Pacific region, as well as the huge demand for industrial laser systems in various terminal industries such as metal processing, new energy, mechanical manufacturing, healthcare, and defense in the region, the Asia Pacific region will still become the largest market for industrial laser systems.

Source: Laser Manufacturing Network

Related Recommendations
  • NUBURU Announces Second Next Generation Blue Laser Space Technology Contract with NASA

    NUBURU, the leading innovator of high-power and high brightness industrial blue laser technology, announced today that it has been awarded a second phase contract worth $850000 by the National Aeronautics and Space Administration (NASA) to advance blue laser power transmission technology as a unique solution that significantly reduces the size and weight of equipment required for lunar and Martian...

    2024-05-13
    See translation
  • Scientists have created a full spectrum white light laser with bright spot, smooth and flat spectrum, and large pulse energy characteristics

    Recently, the team led by Professor Li Zhiyuan from South China University of Technology has successfully developed a full spectrum white light laser, which has the characteristics of bright spot, smooth and flat spectrum, and large pulse energy. It can cover the ultraviolet visible infrared full spectrum of 300-5000nm, with a single pulse energy of 0.54mJ.The launch of such a full spectrum white ...

    2023-11-07
    See translation
  • Laser manufacturer DIT signs KRW 20.52 billion agreement

    Recently, DIT, a well-known semiconductor and display equipment manufacturer in South Korea, announced that the company has signed an agreement worth 20.52 billion Korean won to supply wafer processing equipment to SK Hynix. After the announcement, DIT's stock price rose for five consecutive days, entering the 16000 Korean won range. Then on the 22nd, it rose 2580 Korean won from the previous day'...

    02-15
    See translation
  • Sunny Optical's "Optical Imaging Lens" Announced

    Recently, according to the information of the China National Intellectual Property Administration, Zhejiang Sunny Optics Co., Ltd. has obtained a patent named "Optical Imaging Lens", with authorization announcement No. CN221899396U and application date of 2024-01-31.The patent abstract shows that the present application discloses an optical imaging lens, comprising a barrel and first to eighth len...

    2024-10-31
    See translation
  • DR Laser releases its 2024 semi annual report, achieving dual growth in revenue and profit

    A few days ago, DR laser released 2024 half-yearly report, the company realized operating income of 906 million yuan in the first half of the year, a year-on-year increase of 34.40%; net profit of 236 million yuan, a year-on-year increase of 35.51%. For the reasons of performance growth, DR laser said in the half-yearly report, the company's first half of the order continued to acceptance brough...

    2024-08-23
    See translation