Understanding the Surge in the Laser Processing Market by 2029
According to the new research report " Laser Processing Market by Laser Type (Solid Lasers, Liquid Lasers, Gas Lasers), Configuration (Fixed Beam, Moving Beam, Hybrid), Application (Cutting, Welding, Drilling, Marking and Engraving), End-user Industry and Region - Global Forecast to 2029," the Laser Processing Industry size is projected to grow from USD 6.8 billion in 2024 to USD 11.0 billion by 2029, at a CAGR of 10.1% during the forecast period. This growth is driven by the increasing adoption of laser processing technologies across various end-user industries, including automotive, aerospace, electronics, and healthcare. The superior precision, efficiency, and versatility of lasers in applications such as cutting, welding, drilling, and marking are key factors contributing to their widespread use. Additionally, advancements in laser technology, including solid, liquid, and gas lasers, and the development of flexible configurations like fixed, moving, and hybrid beams, ar...