Market Share of India Laser Industry
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
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Amada Co. Ltd
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Coherent Inc.
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Alpha Laser
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Trumpf Group
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Laserline GmbH
*Disclaimer: Major Players sorted in no particular order
