India Laser Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Laser Technology Market Report Covers Laser Machine Manufacturers and is segmented by Type (Co2 Laser?, Fiber Laser?, Nd YaG Laser, and Other Types), and End User (Automotive, Railways, Construction, Agriculture, Communications, Solar Industry, and Other End Users). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

India Laser Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Laser Market Size

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India Laser Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.83 Billion
Market Size (2030) USD 4.23 Billion
CAGR (2025 - 2030) 18.20 %
Market Concentration Low

Major Players

India Laser Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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India Laser Market Analysis

The India Laser Market size is estimated at USD 1.83 billion in 2025, and is expected to reach USD 4.23 billion by 2030, at a CAGR of 18.2% during the forecast period (2025-2030).

The automotive, heavy industrial, electronics, infrastructure, rail, consumer durables, and other sectors are the main drivers of the market.

  • The conventional techniques of welding have established a niche in the manufacturing sector. However, high-tech laser welding advancements operate economically and efficiently in several industrial applications. Some laser welding systems can be further configured to do additional functions such as cutting, drilling, and serializing. Laser welding offers travel speeds that can be five to ten times faster than TIG welding and three to five times faster than MIG welding in various applications.
  • According to Laser Technology Pvt. Ltd (LTPL) India, laser marking is the most popular in terms of equipment sales, although laser cutting was the leading revenue contributor in 2021. In India, laser cutting is still the most popular laser application, and it is anticipated to develop for at least another couple of years. The primary cause is a decline in laser machine prices and government intervention in specific sectors, particularly infrastructure and automotive. Most of the machinery, however, is imported from China. The company anticipates the laser cutting industry to have 1.5X growth in the coming years.
  • However, regulatory compliances act as restraints for the market. Laser technology provides the application of solid and fiber lasers. These lasers use rare elements such as neodymium, chromium, erbium, and ytterbium, where the processing and refining these rare earth elements may cause potentially hazardous environmental consequences. One of the significant consequences is radioactive pollution caused by slurry tailings.
  • The COVID-19 impact on the market is likely to impede the anticipated growth in the studied market. With several manufacturing units observing shutdowns and temporary halts in production, several market players observed a dip in revenues. However, with innovations in product development, the market is expected to grow in the healthcare sector over the forecast period.
  • For instance, in July 2022, MaxiVision Eye Hospital released the Technolas Teneo 317 Model 2. A skilled German technical team created a cutting-edge, high-performance excimer laser, the Teneo M2. It offers individualized care for various patients, including astigmatism, hyperopia, myopia, and presbyopia.

India Laser Industry Overview

The Indian laser market is fragmented in nature, where barriers to entry of new players are fairly low, coupled with laser equipment manufacturers witnessing an increase in revenue, by which the competitive rivalry in the studied market is increasing significantly. The competitive strategy is majorly comprised of innovations in equipment and technology, product launches, collaboration, and others. Key players include Amada Co. Ltd, Coherent Inc., Alpha Laser, Trumpf Group, and Laserline GmbH.

In June 2022, Bharat Fritz Werner Group introduced the first Laser-Directed Energy Deposition (L-DED) equipment, the Photon 1000H and Photon 1000R, driven by the Meltio in India, with Hybrid and Robotic versions to be made commercially accessible in India.

In April 2022, Bharat Fritz Werner Ltd (BFW) and m2nxt (a BFW subsidiary), India's top CNC and Industry 4.0 equipment and technologies firms, released the PHOTON 4000G Laser-Directed-Energy-Deposition (L-DED) machine, that is made in India and accessible globally.

India Laser Market Leaders

  1. Amada Co. Ltd

  2. Coherent Inc.

  3. Alpha Laser

  4. Trumpf Group

  5. Laserline GmbH

  6. *Disclaimer: Major Players sorted in no particular order
India Laser Market  Concentration
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India Laser Market News

  • June 2022: LUMIBIRD, the European laser technology pioneer, launched the establishment of Lumibird Medical India in Mumbai. With a standard selection of ultrasonography platforms, ophthalmic lasers, and tools for the detection and therapy of dry eye, the firm hopes to increase the revenues of Quantel Medical and Ellex goods in India.
  • January 2022: An Indian scientist created a fully automated laser-based technique for repairing expensive parts, including molds, rotor blades, and other aviation parts that only need minor human assistance.

India Laser Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3 Industry Stakeholder Analysis (OEM| Distributors| Integrators| End-user Organizations)
  • 4.4 Market Drivers
    • 4.4.1 Growing Market Concentration Coupled with Increased Availability of Products has Played a Role in Cost Decline
    • 4.4.2 High Demand for Laser Cutting Related Applications
    • 4.4.3 Replacement of Existing Installations and the Emergence of India as One of the Major Manufacturing Destinations (Driven by Favorable Policy Changes)
  • 4.5 Market Challenges
    • 4.5.1 High Dependence on International Vendors to Address Demand
    • 4.5.2 Supply Related Concerns
    • 4.5.3 Lack of Technical Expertise and Local Ecosystem
  • 4.6 Market Opportunities
    • 4.6.1 Potential for Laser Marking
    • 4.6.2 Anticipated Developments in Buyer's Leverage
    • 4.6.3 Positive Growth Outlook
  • 4.7 Key Industry Standards and Regulations
  • 4.8 Assessment of the Impact of COVID-19 on the India Laser Industry

5. TECHNOLOGY SNAPSHOT

  • 5.1 Evolution of Laser & Photonics Industry in India
  • 5.2 Application-wise Mapping of Key Opportunities and Use-cases
  • 5.3 Key Global Cues Expected to Find Adoption

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Co2 Laser
    • 6.1.2 Fiber Laser
    • 6.1.3 Nd YaG Laser
    • 6.1.4 Other Types
  • 6.2 By End User
    • 6.2.1 Automotive
    • 6.2.2 Railways
    • 6.2.3 Construction
    • 6.2.4 Agriculture
    • 6.2.5 Communications
    • 6.2.6 Solar Industry
    • 6.2.7 Other End Users

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Trumf Group
    • 7.1.2 Amada Co. Limited
    • 7.1.3 Coherent Inc.
    • 7.1.4 Alpha Laser
    • 7.1.5 Laserline
    • 7.1.6 IPG Photonics
    • 7.1.7 Max Photonics Co. Limited
    • 7.1.8 Wuhan Raycus Fiber Laser Technologies Co. Limited
    • 7.1.9 nLight Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE MARKET OUTLOOK

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India Laser Industry Segmentation

Laser engraving and cutting machines offered by the players in the market come with several features like high accuracy, smooth incision, exact curve fitting, fast speed, narrow kerf, and others. Laser technology helps enhance product quality and in-process quality control at every manufacturing stage. The technology helps check and measure geometric specifications, dimensional inspection, and electrical testing. The India Laser market is further segmented based on different types of lasers (Co2 laser, Fiber laser, Nd YaG laser, and other types), and end user (Automotive, Railways, Construction, Agriculture, Communications, Solar Industry, and Other End Users).

The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Type Co2 Laser
Fiber Laser
Nd YaG Laser
Other Types
By End User Automotive
Railways
Construction
Agriculture
Communications
Solar Industry
Other End Users
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India Laser Market Research FAQs

How big is the India Laser Market?

The India Laser Market size is expected to reach USD 1.83 billion in 2025 and grow at a CAGR of 18.20% to reach USD 4.23 billion by 2030.

What is the current India Laser Market size?

In 2025, the India Laser Market size is expected to reach USD 1.83 billion.

Who are the key players in India Laser Market?

Amada Co. Ltd, Coherent Inc., Alpha Laser, Trumpf Group and Laserline GmbH are the major companies operating in the India Laser Market.

What years does this India Laser Market cover, and what was the market size in 2024?

In 2024, the India Laser Market size was estimated at USD 1.50 billion. The report covers the India Laser Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Laser Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India Laser Industry Report

Statistics for the 2025 India Laser market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Laser analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.