Laser Market

Laser market: find new info empowered by an Ai-driven business intelligence tool. Statistics contain production, companies, imports, market size, market prices, exports, consumption, and trade. Here is a split by country, including Russia, the U.S., EU, Africa, China, the Middle East, Latin America, and the U.K. Market dynamics and forecast to 2030 are also featured in the snapshots.

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Laser - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Hong Kong SAR.

From 2018 to 2020, the average annual growth rate of value in China stood at +145.6%. In the other countries, the average annual rates were as follows: India (-4.4% per year) and Hong Kong SAR (+1.0% per year).

Laser Prices

Laser - Top Importers

In value terms, China ($3B) constitutes the largest market for imported lasers, other than laser diodes worldwide, comprising 41% of global imports. The second position in the ranking was occupied by Germany ($716M), with a 9.8% share of global imports. It was followed by Japan, with a 5.1% share.

In China, laser imports expanded at an average annual rate of +2.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (-1.8% per year) and Japan (-21.1% per year).

Laser - Top Exporters

In value terms, the largest laser supplying countries worldwide were Germany ($1.7B), South Korea ($1.5B) and the United States ($1.1B), with a combined 63% share of global exports.

South Korea saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Laser - Market Forecast

Driven by increasing demand for laser worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Laser - Top Companies

MURATA MANUFACTURING CO.,LTD., Bae Systems Holdings Inc., Akt America, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Rockwell Automation Safety AG, Rockwell Automation Switzerland GmbH, Samsung SDI Co., Ltd., Chint Group Corporation, Harbin Electric Company Limited, Henan Huarui Electric Manufacturing Co., Ltd., Shenzhen Zhang's Electric Equipment Co., Ltd., Hubbell Incorporated, NMB-MINEBEA THAI LIMITED, SAMSUNG ELECTRONICS HCMC CE COMPLEX CO., LTD, Miele & Cie. KG, MITSUBISHI ELECTRIC EUROPE B.V., Zhongshan L&M Technology Corporation, Unitron Hearing GmbH, Philips GmbH, LEONARDO MW LTD

Laser - Product Coverage

• HS 901320 - Lasers; other than laser diodes