South Korea Laser Processing Market Size & Outlook
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South Korea laser processing market highlights
- The South Korea laser processing market generated a revenue of USD 896.5 million in 2024 and is expected to reach USD 2,178.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 15.7% from 2025 to 2030.
- In terms of segment, gas lasers was the largest revenue generating product in 2024.
- Fiber Lasers is the most lucrative product segment registering the fastest growth during the forecast period.
Laser processing market data book summary
| Market revenue in 2024 | USD 896.5 million |
| Market revenue in 2030 | USD 2,178.8 million |
| Growth rate | 15.7% (CAGR from 2025 to 2030) |
| Largest segment | Gas lasers |
| Fastest growing segment | Fiber Lasers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas Lasers, Solid State Lasers, Fiber Lasers |
| Key market players worldwide | Altech Batteries, AMADA Co Ltd, Bystronic AG Bearer Shares, Epilog Laser, Han's Laser Technology Industry Group, IPG Photonics Corp, MKS Instruments Inc, LaserStar Tech USA, Coherent Corp, TRUMPF |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.8% of the global laser processing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China laser processing market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,178.8 million by 2030.
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Laser Processing Market Scope
Laser Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Altech Batteries | View profile | 11-50 | Subiaco, Western Australia, Australia, Oceania | http://www.altechchemicals.com/ |
| Bystronic AG Bearer Shares | View profile | 3573 | Giesshuebelstrasse 45, Zurich, Switzerland, CH-8045 | https://www.bystronic.com |
| MKS Instruments Inc | View profile | 10200 | 2 Tech Drive, Suite 201, Andover, MA, United States, 01810 | https://www.mksinst.com |
| TRUMPF | View profile | 1001-5000 | Ditzingen, Baden-Wurttemberg, Germany, Europe | https://www.trumpf.com/de_DE/ |
| LaserStar Tech USA | View profile | 51-100 | Orlando, Florida, United States, North America | https://www.laserstar.net |
| Epilog Laser | View profile | 101-250 | Golden, Colorado, United States, North America | https://www.epiloglaser.com |
| Han's Laser Technology Industry Group | View profile | 5001-10000 | Shenzhen, Guangdong, China, Asia | https://www.hanslaser.net |
| IPG Photonics Corp | View profile | 6180 | 377 Simarano Drive, Marlborough, MA, United States, 01752 | https://www.ipgphotonics.com |
| Coherent Corp | View profile | 27000 | 375 Saxonburg Boulevard, Saxonburg, PA, United States, 16056 | https://www.ii-vi.com |
| AMADA Co Ltd | View profile | 8958 | 200, Ishida, Kanagawa Prefecture, Isehara, Japan, 259-1196 | https://www.amada.co.jp |
South Korea laser processing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laser processing market will help companies and investors design strategic landscapes.
Gas lasers was the largest segment with a revenue share of 68.37% in 2024. Horizon Databook has segmented the South Korea laser processing market based on gas lasers, solid state lasers, fiber lasers covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea laser processing market databook
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Our clientele includes a mix of laser processing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea laser processing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea laser processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea laser processing market size, by process, 2018-2030 (US$M)
South Korea Laser Processing Market Outlook Share, 2024 & 2030 (US$M)
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