LASER SOURCES: GLOBAL LASER MARKET INDEX (GLMI) Q3-2024
TEMATYS' Global Laser Market Index (GLMI) provides valuable insights into the dynamic and evolving landscape of the global laser market. With detailed analysis, segmentation, and company performance evaluations, the GLMI aims to empower stakeholders with actionable intelligence to capitalize on emerging opportunities and navigate market challenges effectively. Stay tuned for the upcoming releases and take advantage of the valuable insights offered by the GLMI to drive growth and innovation in the laser industry.
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TEMATYS presents the fourth issue of the Global Laser Market Index (GLMI) for the third quarter of 2024. In this revised version of the GLMI released in February 2025, the index is normalized according to the Q1 2022 global laser market value. Also, in order to provide the most recent updates of the market, it presents the evolution of the GLMI one quarter ahead with respect to the previous release. This comprehensive study is part of a quarterly series aimed at providing insights into the evolving landscape of the global laser market. The next release of the GLMI for Q4 2024 is scheduled for 1st May 2025
SCOPE OF THE STUDY
Market Evolution. The GLMI report tracks the evolution of the global laser market every quarter, offering a detailed analysis of market trends, growth trajectories, and emerging opportunities.
Segmentation. The report breaks down the laser market by applications and technologies, providing valuable insights into various industry verticals and technological advancements driving market growth.
Geographical Distribution. The report analyzes the distribution of laser sales across different geographical regions, highlighting regional trends and market dynamics shaping the global landscape.
Company Performance. Detailed presentations of the best-performing companies by quarter-to-quarter growth offer valuable insights into the competitive landscape and strategic positioning of key market players.
KEY HIGHLIGHTS
Q1 2024 was a turbulent period for the laser industry, mostly due to the slowdown of laser sales for materials processing. In Q3 2024, the GLMI witnessed an impressive recovery due to increased demand for lasers from the semiconductor processing industry and for optical transceivers for data centers and AI applications. The good performance of other sectors, such as telecommunications and high-power materials processing in the Asian market, has also made a positive contribution to the evolution of the GLMI.
Availability and Pricing:
The third issue of the GLMI report, covering Q1 2024 is available free of charge on the TEMATYS website from 17th February 2025.
