Business

Laser Processing Market Global Forecast to 2032: Key Players Coherent Corp and TRUMPF Among Top Innovators in Laser Processing

Laser processing is crucial in sectors like automotive and electronics for precision tasks like cutting, welding, and engraving. The gas laser segment, known for superior beam quality, is significant, while the automotive industry is seeing increased laser use due to the rise in EV production. Germany leads the European market with strong industrial foundations. Key players include Coherent Corp., TRUMPF, and IPG Photonics. This report offers insights into market drivers, challenges, and competi

articleCoherent Corp.August 5, 20254/company/coherent-inc/news/laser-processing-market-global-forecast-to-2032-key-players-coherent-corp-and-trumpf-among-top-innovators-in-laser-processing
Laser Processing Market Global Forecast to 2032: Key Players Coherent Corp and TRUMPF Among Top Innovators in Laser Processing

About this update from Coherent Corp.

[{"type":"image","alt":"Company Logo","displaySize":"","headline":null,"caption":"Company Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":36,"url":"https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/g_3H8YP5.WdAX5cBtX03VA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUwO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/6a90a26a88cc04ec0d3fe15e0ab1be65","width":300,"height":36}},"lazy":false},{"type":"text","content":"Laser processing is crucial in sectors like automotive and electronics for precision tasks like cutting, welding, and engraving. The gas laser segment, known for superior beam quality, is significant, while the automotive industry is seeing increased laser use due to the rise in EV production. Germany leads the European market with strong industrial foundations. Key players include Coherent Corp., TRUMPF, and IPG Photonics. This report offers insights into market drivers, challenges, and competitive landscapes.","length":516,"tagName":"p"},{"type":"text","content":"Dublin, Aug. 05, 2025 (GLOBE NEWSWIRE) -- The "Laser Processing Market by Laser Type (Fiber, Ruby, YAG, Semiconductor, Thin-disk, CO2, Excimer, Helium-neon, Argon, Chemical, Liquid, X-ray, Photonic Crystal, Short-pulse), Configuration (Fixed, Moving, Hybrid), Component - Global Forecast to 2032" has been added to ResearchAndMarkets.com's offering.","length":364,"tagName":"p"},{"type":"text","content":"The laser processing market, currently valued at USD 7.17 billion, is set to grow to USD 11.89 billion by 2032, exhibiting a CAGR of 8.5%. This precision-driven methodology is integral to various industries, enhancing surface treatment and engraving processes. In the automotive sector, it is pivotal for surface preparation prior to painting, improving adhesion, and augmenting functional properties like corrosion and wear resistance. Laser engraving offers permanent high-contrast markings for vehicle components, including engine parts and interior trims.","length":559,"tagName":"p"},{"type":"text","content":"In electronics, laser techniques optimize micro-structuring and texturing for better adhesion and electrical properties in devices such as circuit boards and semiconductors. This also extends to the marking and cutting of precision components like mi...

More updates from Coherent Corp.

Laser Processingexcimer lasersLaser TechnologyLaser engravingLaser Typesurface treatmentMarket Dynamicssurface preparationmanufacturingGermany