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Vigorous recovery in laser materials processing

Global laser market surges 50 %

  1. Dr. Arnold Mayer*

Article first published online: 9 MAY 2011

DOI: 10.1002/latj.201190031

Issue

Laser Technik Journal

Laser Technik Journal

Volume 8, Issue 3, pages 8–9, May 2011

Additional Information

How to Cite

Mayer, A. (2011), Vigorous recovery in laser materials processing. LTJ, 8: 8–9. doi: 10.1002/latj.201190031

Author Information

  1. Optech Consulting, Bahnhofstr. 20A, CH-8274 Tägerwilen, Switzerland, Phone: +41 71 667 0990

*Optech Consulting, Bahnhofstr. 20A, CH-8274 Tägerwilen, Switzerland, Phone: +41 71 667 0990, http://www.optech-consulting.com

Publication History

  1. Issue published online: 9 MAY 2011
  2. Article first published online: 9 MAY 2011

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Abstract

According to the annual survey performed by Optech Consulting the global market for laser systems for materials processing accounted for $ 7.9 billion (€ 5.9 billion) in 2010. As compared to the $ 5.3 billion (€ 3.8 billion) reached in 2009 this corresponds to an increase of 49 % (55 %). Note that the growth rate is larger for the market measured in Euro because the average value of the Euro vs. the US dollar decreased by 4 %. After the historic slump in the crisis year 2009 the growth in 2010 was not fully sufficient to take the market back to its former record high of $ 9.4 billion (€ 6.4 billion) reached in 2008(see Fig. 1).

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