Top 6 Companies Driving the Global Laser Technology Market

The global laser technology market would likely grow at a CAGR of 8.6% during 2025-2034. Many products used every day have laser as a key element. For example, products such as Blu-Ray and DVD players use laser technology to read data from disks. Bar code scanners depend on lasers for processing information. In surgical procedures like LASIK, laser is used. Lasers have important applications in manufacturing, including engraving, cutting, drilling and marking. Applications of laser technology include Laser Range Finding, Information Processing (DVDs and Blu-Ray), Bar Code Readers, Laser Surgery, Holographic Imaging, Laser Spectroscopy, and Laser Material Processing (Engraving, Cutting, Marking, Drilling, Surface Modification). Asia, North America and Europe are likely to be significant markets. 

Latest Updates on Top Laser Technology Companies Worldwide:

On January 20, 2025, Fonon Technologies launched its upgraded DefenseTech laser cleaning systems, designed for surface preparation, finishing, and roughening applications. Featuring a compact scan head, smart overheat protection, and ruggedized handheld and enclosed Class I systems, these innovations enhance efficiency and safety, strengthening Fonon’s presence in defense and industrial markets.

On November 20, 2024, IPG Photonics launched the YLR-AMB series at Formnext 2024 in Frankfurt, featuring dual-beam fiber lasers for precision additive manufacturing. Offering up to 4 kW power, enhanced build rates, and optimized heat distribution, these lasers improve efficiency in aerospace, medical, and tooling applications. Live demonstrations are showcased at Hall 11, Booth C70.

On October 14, 2024, nLIGHT, Inc. introduced nfinity™ and ProcessGUARD™ at FABTECH 2024 in Orlando and EuroBLECH 2024 in Hanover. nfinity™ enhances high-power laser cutting accuracy for thick metals, while ProcessGUARD™ integrates real-time process monitoring to optimize productivity. These innovations strengthen nLIGHT’s position in advanced metal fabrication technologies.

On June 12, 2024, Laser Photonics Corporation (LPC) launched the SaberTech laser cutting systems, featuring Turbo Piercing technology to reduce heat-affected zones (HAZ) and material distortion. Expanding into aerospace, automotive, maritime, and defense sectors, LPC enhances precision and efficiency in fiber laser cutting, reinforcing its position as an industry leader in material processing solutions.

Top 6 Laser Technology Companies in 2025:

1. Corning Incorporated

Corning Incorporated specializes in display technologies, environmental technologies, telecommunications, and life sciences and specialty materials. It is an international technology-based company engaged in the production of optical fibre, cable, and photonic elements for the telecommunications industry; it also produces funnels, glass panels, projection video lens assemblies, and liquid crystal display glass for the information display industry.

2. Coherent, Inc.

Coherent, Inc. is engaged in the development and production of laser equipment and associated solutions.

3. IPG Photonics Corporation

IPG Photonics Corporation is a key player in the field of high-power fibre lasers, fibre amplifiers, hybrid fibre/solid-state lasers and diode lasers used in a variety of markets including advanced technologies, materials processing, telecommunications & medical applications. The company produces fibre lasers functioning at 0.5 – 5 microns. The company’s 1um and 1.5um fibre lasers and amplifiers are popular in single-frequency and linearly-polarized variants. The newly developed 2-5 microns mid-IR lasers provide economical solutions for spectroscopy, sensing, material processing & medical applications.

4. 600 Group PLC

600 Group PLC is a renowned, diversified engineering group engaged in the production and distribution of industrial laser systems.

5. Jenoptik AG

Jenoptik AG specializes in microoptics, photonics, life sciences, optoelectronics, diagnostics, healthcare, automation, digital imaging, metrology, lasers, laser processing, smart manufacturing, civil security, road traffic safety, ANPR/ALPR, road user charging, toll enforcement, defence & security, average speed control, and aviation & aerospace. The company provides lasers, optical systems, and material processing; it also offers industrial metrology, traffic solutions, and defence and civil systems services.

6. Lumibird

Lumibird is a key player in the field of lasers. Its key technologies include solid-state lasers, laser diodes and fibre lasers. It designs, produces and markets high-performance lasers for scientific (universities and laboratories), industrial (lidar sensors, manufacturing), medical (ophthalmology) and defence markets.