What is the size of Solid-State Laser Market?
According to 6Wresearch internal database and industry insights, the
Global Solid-State Laser Market was valued at USD 1.8 Billion in 2024 and is expected to reach USD 2.8 Billion by 2031, growing at a compound annual growth rate of 5.90% during the forecast period (2025-2031).
The primary impacts driving the growth in the Solid-State Laser Market are increased usage in medical procedures, increased use in defense applications such as targeting and range finding and increased usage and needs in industrial sectors for cutting, welding, and material processing.
Growth Factors for Solid-State Laser Industry
- Increased use and acceptance in defense applications for directed energy weapons, targeting, and communications.
- Rising adoption in medical applications such as dermatology, ophthalmology, and surgery.
- Increasing use in industrial sectors for cutting, welding, and additive manufacturing.
- Technological improvements in laser devices.
- Increasing research in photonics and development of smaller laser devices.
Solid-State Laser Market Trends
The Solid-State Laser Market trends point to a lot of momentum built around Industrial Automation and, by extension, material processing. Manufacturers continue to implement high precision laser systems to increase efficiencies.The medical sector also has strong growth potential, as solid-state lasers are being used for minimally invasive procedures. The growth in the Solid-State Laser Market includes trends within the defense sector, where increased investments are being made for laser-based weapons systems. The industry is working on compact, energy-efficient, and rugged laser products for military and aerospace use cases.
Emerging Developments in the Solid-State Laser Market
The Solid-State Laser Market developments include innovations in fiber-coupled solid-state lasers for higher performance and efficiency. Integration of AI and automation in laser-based systems is also enhancing operational accuracy. Further developments in the Solid-State Laser Market involve advancements in ultrafast and pulsed laser technologies, making them suitable for applications in semiconductor manufacturing, electronics, and scientific research.
List of Leading Companies in the Solid-State Laser Market
Some of the leading companies include:
- Coherent Inc.
- IPG Photonics Corporation
- Trumpf GmbH + Co. KG
- Jenoptik AG
- MKS Instruments Inc.
- AMS Technologies AG
- Rofin-Sinar Technologies Inc.
- Newport Corporation
- Laser Quantum Ltd.
- Photonics Industries International Inc.
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