Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Types (Macro Processing, Micro Processing), By Applications (Automotive, Medical, Industrial, Aerospace, Others), By Product Type (CO2 Lasers, Solid-state Lasers, Others) And Competitive Landscape
Product Code: ETC057581 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Industry Laser Equipment Market demand would continue to accelerate on account of factors such as CO2 emission, low intensity, and low accuracy. These factors have demanded superior performance, longer lifespan, high efficiency, and eco-friendly products. Further, rising demand for material processing applications, high-strength steel, digitalization, metal addictive manufacturing in automotive and medical would speed up the demand for European Industry Laser Equipment. Nevertheless, in 2020, the sale of Laser Equipment is expected to drop in the first few months in every country owing to the coronavirus pandemic.
According to 6Wresearch, the Europe Industry Laser Equipment Market size is projected to witness substantial growth 2021-27. Currently, In Europe, Germany and France hold a major share of the Industry laser market. Germany industrial laser equipment market is expected to show a significant growth rate during the period as the growth of laser industry as the government is making solutions for industry 4.0, digitalized manufacturing whereas France and Italy are expected to grow at a moderate rate.
Fiber laser is the fastest growing product in Europe due to its increasing usage in applications like marking, engraving, printing, welding, and cutting. The recent shift toward eco-friendly products has resulted in the development of eco-friendly fiber lasers, which offer advantages like high-energy savings. Factors like reduced energy consumption reduced wastage, and the usage of non-hazardous materials are expected to augment the demand for eco-friendly fiber lasers during the period. The increasing demand for fiber lasers owing to the growing laser application in material processing is resulting in the Europe industrial laser market growth.
Some of the major players in the Global Industry Equipment Market are 3S Photonics, Amonics, Apollo Instruments, Clark MXR, EKSPLA, ELUXI, Fanuc, Fianium, FiberLAST, GBOS Laser Technology, GSI Group, Hypertherm, IMRA America, JDS Uniphase, JENOPTIK Laser, Mitsubishi Cable Industries, Miyachi Unitek, Newport, NKT Photonics, Nufern, Nuphoton Technologies, Photonic Solutions, Prima Electro North America, TOPTICA Photonics, and Wuhan Raycus Fiber Laser Technologies.
Europe Industry Laser Equipment Market report thoroughly covers the market by types, applications, product type, and regions including Germany, France, Italy, and the rest of Europe. Europe Industry Laser Equipment Market outlook report provides an impartial and comprehensive study of the Industry Laser Equipment Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Europe Industry Laser Equipment Market is anticipated to register sound revenues in the upcoming six years on account of an increased metal processing practices in the manufacturing industry which has led to instigate the use of industrial laser hence the demand for laser equipment would subsequently increase. Moreover, the growing production of electric vehicles to promote an electrification drive to reduce the carbon footprints has led to an increase in the production of automobile parts whereby the rising significant use of industrial laser during welding and cutting of the automobile parts, as a result, it is estimated to boost the growth of the industry laser equipment market in the entire Europe region in the coming timeframe.
Markets Covered
The Market report includes the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Industry Laser Equipment Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Industry Laser Equipment Market Revenues & Volume, 2020 & 2027F |
3.3 Europe Industry Laser Equipment Market - Industry Life Cycle |
3.4 Europe Industry Laser Equipment Market - Porter's Five Forces |
3.5 Europe Industry Laser Equipment Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Europe Industry Laser Equipment Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.7 Europe Industry Laser Equipment Market Revenues & Volume Share, By Applications, 2020 & 2027F |
3.8 Europe Industry Laser Equipment Market Revenues & Volume Share, By Product Type, 2020 & 2027F |
4 Europe Industry Laser Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Industry Laser Equipment Market Trends |
6 Europe Industry Laser Equipment Market, 2017 - 2027 |
6.1 Europe Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
6.2 Europe Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
6.3 Europe Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
7 Germany Industry Laser Equipment Market, 2017 - 2027 |
7.1 Germany Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
7.2 Germany Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
7.3 Germany Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
8 United Kingdom Industry Laser Equipment Market, 2017 - 2027 |
8.1 United Kingdom Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
8.2 United Kingdom Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
8.3 United Kingdom Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
9 France Industry Laser Equipment Market, 2017 - 2027 |
9.1 France Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
9.2 France Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
9.3 France Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
10 Italy Industry Laser Equipment Market, 2017 - 2027 |
10.1 Italy Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
10.2 Italy Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
10.3 Italy Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
11 Russia Industry Laser Equipment Market, 2017 - 2027 |
11.1 Russia Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
11.2 Russia Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
11.3 Russia Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
12 Spain Industry Laser Equipment Market, 2017 - 2027 |
12.1 Spain Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
12.2 Spain Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
12.3 Spain Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
13 Rest of Europe Industry Laser Equipment Market, 2017 - 2027 |
13.1 Rest of Europe Industry Laser Equipment Market, Revenues & Volume, By Types, 2017 - 2027 |
13.2 Rest of Europe Industry Laser Equipment Market, Revenues & Volume, By Applications, 2017 - 2027 |
13.3 Rest of Europe Industry Laser Equipment Market, Revenues & Volume, By Product Type, 2017 - 2027 |
14 Europe Industry Laser Equipment Market Key Performance Indicators |
15 Europe Industry Laser Equipment Market - Opportunity Assessment |
15.1 Europe Industry Laser Equipment Market Opportunity Assessment, By Countries, 2020 & 2027F |
15.2 Europe Industry Laser Equipment Market Opportunity Assessment, By Types, 2020 & 2027F |
15.3 Europe Industry Laser Equipment Market Opportunity Assessment, By Applications, 2020 & 2027F |
15.4 Europe Industry Laser Equipment Market Opportunity Assessment, By Product Type, 2020 & 2027F |
16 Europe Industry Laser Equipment Market - Competitive Landscape |
16.1 Europe Industry Laser Equipment Market Revenue Share, By Companies, 2020 |
16.2 Europe Industry Laser Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |