The laser optics market is projected to reach USD 19.23 billion by 2030 from USD 10.97 billion in 2025, at a compound annual growth rate (CAGR) of 11.9% during the forecast period.
The laser optics market is primarily driven by the growing demand for high-precision manufacturing across industries like electronics and aerospace, where accuracy is crucial. Additionally, the rapid expansion of telecommunications infrastructure, including fiber-optic networks and 5G technology, significantly boosts the need for advanced laser optics. Together, these drivers fuel innovation and the adoption of laser optics solutions globally. As a result, the market is poised for strong growth in the coming years.
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Major Laser Optics Companies Include:
Major vendors in the laser optics market include Coherent Corp. (US), TRUMPF (Germany), Han’s Laser Technology Industry Group Co., Ltd (China), IPG Photonics Corporation (US), JENOPTIK AG (Germany), Edmund Optics Inc. (US), Laser Components (Germany), Sumitomo Electric Industries, Ltd. (Japan), Shanghai Optics (US), and Lumentum Operations LLC (US). Product launches and enhancements, partnerships, and expansions were the key strategies adopted by the players to enhance their product portfolios, increase their market share, and expand their presence in the laser optics market.
Coherent Corp. (US)
Coherent Corp. is a global leader in developing, refining, manufacturing, and marketing engineered materials, optoelectronic components and devices, and lasers, serving a wide range of industries such as industrial, communications, electronics, and instrumentation. The company operates through three main segments: Networking, which leverages advanced compound semiconductor technology and deep application expertise to provide solutions for high-speed optical transmission and data communications; Materials, which focuses on engineered materials and optoelectronic devices for various high-tech applications; and Lasers, which supplies laser solutions to customers in semiconductor capital equipment, display manufacturing, precision manufacturing, aerospace and defense, as well as life sciences and scientific research.
TRUMPF (Germany)
TRUMPF is a German group that operates in the fields of electronics, power tools, laser technology, and machine tools. It manufactures machine tools, including machines and systems, lasers, power electronics products, power tools, and smart factory solutions. It offers software and services for the automotive, manufacturing, construction, electronics, power & energy, aerospace & defense, engineering, and medical & healthcare verticals.
The company operates through four business segments: machine tools, laser technology, EUV business, and others. The machine tools segment offers systems for laser processing, bending, punching, combined punching, laser cutting, and welding applications. The laser technology segment provides lasers for marking, cutting, welding, and surface treatment applications. Its product portfolio includes disk lasers, fiber lasers, diode lasers, short and ultrashort lasers, pulsed lasers, CO2 lasers, and EUV drive lasers used in different verticals.
The laser optics market is consolidated, with the top five players—Coherent Corp., TRUMPF, Han’s Laser Technology Industry Group Co., Ltd, IPG Photonics Corporation, and JENOPTIK AG—collectively commanding approximately 35–50% of the total market share. The players have extensive global presence, comprehensive product portfolios, and continuous investment in innovation. Coherent and TRUMPF are especially prominent in sectors like automotive, microelectronics, and industrial manufacturing, leveraging advanced laser technologies and broad international networks. Han’s Laser stands out for its dominance in laser equipment for packaging, electronics, and energy, while IPG Photonics leads in high-performance fiber laser solutions for precision applications. JENOPTIK AG further strengthens the market with its expertise in industrial and scientific laser optics, supported by strategic expansions and collaborations.
Related Reports:
Laser Optics Market by Component (Laser Mirrors, Laser Lenses, Splitters, Optical Modulators), Application (Laser Processing, Optical Communication, Medical Laser Systems), End-user Industry and Region - Global Forecast to 2030
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