21/03/2025 – The laser market continues to grow despite a generally gloomy industrial context. In 2023, the laser industry showed remarkable resilience, growing by nearly 7%, driven by the strong post-COVID recovery in the manufacturing and high-tech sectors. However, some key segments failed to meet expectations, prompting market players to plan more cautiously for 2024 and 2025.
Tematys, in collaboration with Yole Group, publishes an in-depth analysis of the global laser market. The report provides key data on revenues, average selling prices (ASP), unit sales, and a breakdown of the main laser technologies and their applications, while exploring emerging trends and growth prospects for 2024-2029.
The major trends identified include:
- Sustained growth in lasers for communications, particularly in smartphones, driven by AI, the expansion of data centres and M2M (Machine-to-Machine) applications.
- Significant growth in lasers for the automotive industry, particularly with the adoption of LiDAR in consumer vehicles.
- Affordable diode laser technologies making medical and aesthetic applications more accessible.
- Increased sales of lasers for aerospace and defence, particularly for military detection and high-power laser weapons, with major investments worldwide.
- Stronger momentum in research and development (R&D), driven by the energy transition, medical innovation and new technologies. Lasers are becoming key tools in physics, chemistry, biology, materials science and quantum technologies.
Technological innovation, in particular miniaturisation and the extension of available wavelengths, continues to open up new applications. Against this backdrop, this report is an essential resource for anticipating developments in the laser market and identifying strategic opportunities in the years ahead.