Beam Expanders for Laser Material Processing Applications Market | 2032

Beam Expanders for Laser Material Processing Applications Market | 2032

Segments - by Type (Galilean, Keplerian), by Application (Cutting, Welding, Marking, Drilling, Others), by End-use Industry (Automotive, Aerospace, Electronics, Medical, Others)

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Author : Riddhesh Dani
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Upcoming | Report ID :MC-6795 | 4.8 Rating | 91 Reviews | 301 Pages | Format : PDF Excel PPT

Report Description


Beam Expanders for Laser Material Processing Applications Market Outlook 2032

The beam expanders for laser material processing applications market size was USD 502 Million in 2023 and is projected to reach USD 938.5 Million by 2032, expanding at a CAGR of 7.2% during 2024–2032.

The stringent standards of the industry for material processing call for advanced solutions such as beam expanders to meet the exacting requirements of aircraft manufacturing and maintenance. Moreover, as the aerospace industry continues to innovate with lighter and stronger materials to improve fuel efficiency and performance, the integration of laser processing technologies with beam expanders is expected to grow during the forecast period.

Beam Expanders for Laser Material Processing Applications Market Outlook

The ongoing push of automotive industrytowards lighter, more energy-efficient vehicles also drive the demand for advanced laser processing technologies facilitated by beam expanders. These technologies enable the use of new materials and designs that traditional methods cannot handle, thus supporting the industry's shift towards electric and hybrid vehicles.

Beam Expanders for Laser Material Processing Applications Market Dynamics

Driver

The increasing demand for precision manufacturing across various industries such as automotive, aerospace, electronics, and medical devices, drives the market. As these industries push for higher efficiency and quality, the need for advanced laser technology, which includes beam expanders, becomes critical. Beam expanders enhance the capability of laser systems to perform precise cuts, engravings, and welds with high accuracy and minimal material waste.

The ongoing technological advancements in laser technology, which improve the performance and reduce the costs of laser systems, making them more accessible and appealing for a broader range of applications. Additionally, the growing trend towards automation and digital manufacturing solutions drives the adoption of laser-based processes equipped with beam expanders, as they offer greater control and repeatability in manufacturing operations.

Restraints

The high initial cost associated with advanced laser systems, including those that require beam expanders. This can be a significant barrier for small and medium-sized enterprises that do not have the capital to invest in such technology. Furthermore, the technical complexity of integrating beam expanders into existing laser systems poses a challenge for many manufacturers, requiring specialized knowledge and training.

The stringent regulatory standards and safety requirements for laser equipment in industries such as medical and aerospace, which can slow down the adoption rate and increase the compliance costs for manufacturers.

Opportunities

The rapid expansion of the market into emerging markets, where industrial growth is accelerating, creates new opportunities in the market. Countries in regions such as Asia Pacific and Latin America are modernizing their manufacturing infrastructure, which opens new avenues for the deployment of laser technologies equipped with beam expanders.

The development of customized or application-specific beam expanders that can meet the unique needs of different industries, opens new avenues in the market. Additionally, ongoing research and development in optical technologies can lead to innovations that enhance the performance and reduce the costs of beam expanders, making them more attractive and feasible for a wider range of applications.

Scope of the Beam Expanders for Laser Material Processing Applications Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.

Attributes

Details

Report Title

Beam Expanders for Laser Material Processing Applications Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2023

Historic Data

2017 -2022

Forecast Period

2024–2032

Segmentation

Type (Galilean, Keplerian), Application (Cutting, Welding, Marking, Drilling, and Others), End-use Industry (Automotive, Aerospace, Electronics, Medical, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, MarketTrends, and Revenue Forecast

Key Players Covered in the Report

Edmund Optics; Thorlabs Inc.; Jenoptik AG; Newport Corporation; OptoSigma Corporation; Sill Optics GmbH & Co. KG; Excelitas Technologies Corp.; II-VI Incorporated; Lumentum Holdings Inc.; MKS Instruments, Inc.; Coherent, Inc.; IPG Photonics Corporation; LightPath Technologies, Inc.; Optics BalzersAG;Altechna; EKSMA Optics; FISBA AG; Holo/Or Ltd.; Photonics Industries International, Inc.; and Sintec Optronics Pte Ltd.

Beam Expanders for Laser Material Processing Applications Market Segment Insights

Type Segment Analysis

Galilean segment dominates the beam expanders for laser material processing applications market. These beam expanders are characterized by their simpler design, consisting typically of a negative input lens and a positive output lens. This configuration allows for a shorter overall length of the expander, making Galilean beam expanders more compact and lighter compared to Keplerian models. This compactness is particularly advantageous in laser material processing applications where space constraints exist or where the beam expander needs to be integrated into portable laser equipment.

Galilean beam expanders also exhibit less chromatic aberration, which is crucial for applications requiring high precision and minimal optical distortion. These expanders are generally less expensive to manufacture and are thus more cost-effective, making them a popular choice in cost-sensitive industries such as automotive manufacturing and electronics assembly. The demand for Galilean beam expanders is driven by these industries' need for reliable, high-speed laser processing that can be achieved within compact production setups.


The Keplerian segment is projected to grow at a significant growth rate during the forecast period, this beam expanders feature a more complex design with two positive lenses, which results in a longer optical path and generally a larger and heavier construction. However, this design allows for better image quality and improved focus ability, which are critical factors in high-precision applications such as in the medical and aerospace sectors.

The adjustable spacing between the lenses in Keplerian beam expanders enables fine focusing control, which is essential for applications involving highly detailed laser marking, cutting, or micro-fabrication. Despite their higher cost and larger size, the demand for Keplerian beam expanders is supported by their superior optical performance, particularly in applications where precision and control over the laser beam are paramount.

Beam Expanders for Laser Material Processing Applications Market Type

Application Segment Analysis

The cutting segment holds a major share of the market, as this process is pivotal across several industries, including automotive, aerospace, and manufacturing. Beam expanders are used to adjust the laser beams focus to achieve high precision and clean cuts, essential for materials such as metals, plastics, and composites. The ability to control the beam diameter precisely allows for intricate cutting of materials with minimal waste and higher efficiency. This is particularly important in industries where material costs are significant, and precision is critical to the product's functionality.

The demand for laser cutting applications has been growing due to the increasing adoption of automation and precision fabrication techniques. As industries strive for more efficient production methods and superior product quality, the demand for beam expanders in laser cutting applications continues to expand. This segment benefits from advancements in laser technology that improve cutting speed and material handling, thereby enhancing overall production throughput.


The welding segment is projected to experience significant growth in the market, as these beam expanders are also extensively used in laser welding applications, which require high power density and the ability to focus laser beams at precise points. Industries such as automotive and aerospace use laser welding to produce strong, reliable joints without compromising the integrity of the welded materials. Beam expanders play a crucial role in these applications by enabling the manipulation of beam size and focus, thus allowing for deeper penetration and stronger welds. The precision afforded by beam expanders helps minimize thermal distortion, which is critical in welding sensitive electronic components and thin materials.

The growth of the segment is driven by the increasing complexity of designs and materials used in manufacturing sectors, necessitating advanced welding solutions that can deliver both strength and precision. As manufacturers continue to push for lighter and stronger materials, especially in transportation and electronics, the demand for sophisticated laser welding solutions, including the use of beam expanders, is expected to increase in the coming years.

Beam Expanders for Laser Material Processing Applications Market Application

End-use Industry Segment Analysis

The automotive segment dominates the beam expanders for laser material processing applications market beam expanders are extensively used in the automotive industry applications such as laser cutting, welding, and marking of automotive components. The ability of beam expanders to adjust the focus and diameter of laser beams allows for high-precision fabrication of parts, which is essential for the mass production environments typical in automotive manufacturing.

This precision is particularly important for the production of complex components such as engine parts, where exact tolerances are required. Furthermore, the use of beam expanders in laser welding helps achieve strong, durable joints crucial for vehicle safety and longevity.


The aerospace segment is projected to experience significant growth in the market, driven by the need for extremely high precision and reliability in the manufacturing of aircraft components. Beam expanders are used in critical applications such as the cutting and welding of aerospace-grade materials, including advanced metals and composites.

These materials often require precise energy control to maintain integrity and performance characteristics, which beam expanders facilitate by enabling precise manipulation of laser beams. Additionally, the ability to produce consistent, high-quality welds and cuts at a controlled scale is vital in an industry where safety and performance are paramount.

Regional Analysis

The Asia Pacific dominates the beam expanders for laser material processing applications market, primarily due to the rapid industrialization and expansion of manufacturing capabilities in countries such as China, Japan, South Korea, and India. This region has seen significant investments in sectors such as electronics, automotive, and manufacturing, all of which extensively utilize laser material processing technologies.

The demand for beam expanders in the region is driven by the growing adoption of advanced manufacturing techniques that require precise and efficient material processing. China, in particular, has become a global hub for manufacturing and exports, leveraging laser technology to enhance production efficiency and product quality.

The region's focus on technological innovation, supported by government initiatives to promote industrial automation and digital manufacturing, further boosts the market for beam expanders. Additionally, the increasing local production of laser systems in the region contributes to the accessibility and adoption of beam-expanding technologies, making it a critical market for both the production and consumption of beam expanders.


The market in North America, particularly the US, is projected to grow rapidly during the forecast period, driven by the strong emphasis of the region on aerospace, defense, and medical industries, where precision laser processing is crucial, driving the demand for beam expanders. North America is known for its technological leadership and innovation, especially in the development of new laser technologies and their applications in material processing.

The presence of major aerospace and automotive manufacturers, along with a robust medical devices sector, underpins the extensive use of laser technologies enhanced by beam expanders.

Furthermore, the stringent regulatory standards of the region for manufacturing and product quality necessitate the use of advanced technologies such as beam expanders to meet these high standards. The market in the region is also supported by a well-established industrial infrastructure and significant investments in research and development, which facilitate ongoing advancements in laser technology and its applications across various industries.

Beam Expanders for Laser Material Processing Applications Market Region

Segments

The Beam Expanders for Laser Material Processing Applications Market has been segmented on the basis of

Type

  • Galilean
  • Keplerian

Application

  • Cutting
  • Welding
  • Marking
  • Drilling
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Edmund Optics
  • Thorlabs Inc.
  • Jenoptik AG
  • Newport Corporation
  • OptoSigma Corporation;
  • Sill Optics GmbH & Co. KG
  • Excelitas Technologies Corp.
  • II-VI Incorporated
  • Lumentum Holdings Inc.
  • MKS Instruments, Inc.
  • Coherent, Inc.
  • IPG Photonics Corporation
  • LightPath Technologies, Inc.
  • Optics BalzersAG
  • Altechna
  • EKSMA Optics
  • FISBA AG
  • Holo/Or Ltd.
  • Photonics Industries International, Inc.
  • Sintec Optronics Pte Ltd.

Competitive Landscape

Key players in the beam expanders for laser material processing applications market are Edmund Optics; Thorlabs Inc.; Jenoptik AG; Newport Corporation; OptoSigma Corporation; Sill Optics GmbH & Co. KG; Excelitas Technologies Corp.; II-VI Incorporated; Lumentum Holdings Inc.; MKS Instruments, Inc.; Coherent, Inc.; IPG Photonics Corporation; LightPath Technologies, Inc.; Optics BalzersAG;Altechna; EKSMA Optics; FISBA AG; Holo/Or Ltd.; Photonics Industries International, Inc.; and Sintec Optronics Pte Ltd.

To maintain and enhance their market positions, leading companies in the beam expanders market employ several strategic actions. Innovation and continuous improvement of product offerings are common strategies, as companies invest heavily in research and development to introduce more efficient and versatile beam expanders. For instance,

  • In June 2022, Excelitas TechnologiesCorp., one of the leading industrial technology manufacturers introduced the LINOS Beam Expander 1x-4x for the 340 nm360 nm wavelength range.

    Beam Expanders for Laser Material Processing Applications Market Keyplayers

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beam Expanders for Laser Material Processing Applications  Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Beam Expanders for Laser Material Processing Applications  Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Beam Expanders for Laser Material Processing Applications  Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Beam Expanders for Laser Material Processing Applications  Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Beam Expanders for Laser Material Processing Applications  Market Size & Forecast, 2023-2032
      4.5.1 Beam Expanders for Laser Material Processing Applications  Market Size and Y-o-Y Growth
      4.5.2 Beam Expanders for Laser Material Processing Applications  Market Absolute $ Opportunity

Chapter 5 Global Beam Expanders for Laser Material Processing Applications  Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      5.2.1 Galilean
      5.2.2 Keplerian
   5.3 Market Attractiveness Analysis By Type

Chapter 6 Global Beam Expanders for Laser Material Processing Applications  Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      6.2.1 Cutting
      6.2.2 Welding
      6.2.3 Marking
      6.2.4 Drilling
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Application

Chapter 7 Global Beam Expanders for Laser Material Processing Applications  Market Analysis and Forecast By End-use Industry
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By End-use Industry
      7.1.2 Basis Point Share (BPS) Analysis By End-use Industry
      7.1.3 Absolute $ Opportunity Assessment By End-use Industry
   7.2 Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      7.2.1 Automotive
      7.2.2 Aerospace
      7.2.3 Electronics
      7.2.4 Medical
      7.2.5 Others
   7.3 Market Attractiveness Analysis By End-use Industry

Chapter 8 Global Beam Expanders for Laser Material Processing Applications  Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Region
      8.1.2 Basis Point Share (BPS) Analysis By Region
      8.1.3 Absolute $ Opportunity Assessment By Region
   8.2 Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis By Region

Chapter 9 Coronavirus Disease (COVID-19) Impact 
   9.1 Introduction 
   9.2 Current & Future Impact Analysis 
   9.3 Economic Impact Analysis 
   9.4 Government Policies 
   9.5 Investment Scenario

Chapter 10 North America Beam Expanders for Laser Material Processing Applications  Analysis and Forecast
   10.1 Introduction
   10.2 North America Beam Expanders for Laser Material Processing Applications  Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      10.6.1 Galilean
      10.6.2 Keplerian
   10.7 Basis Point Share (BPS) Analysis By Type 
   10.8 Absolute $ Opportunity Assessment By Type 
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      10.10.1 Cutting
      10.10.2 Welding
      10.10.3 Marking
      10.10.4 Drilling
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Application 
   10.12 Absolute $ Opportunity Assessment By Application 
   10.13 Market Attractiveness Analysis By Application
   10.14 North America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      10.14.1 Automotive
      10.14.2 Aerospace
      10.14.3 Electronics
      10.14.4 Medical
      10.14.5 Others
   10.15 Basis Point Share (BPS) Analysis By End-use Industry 
   10.16 Absolute $ Opportunity Assessment By End-use Industry 
   10.17 Market Attractiveness Analysis By End-use Industry

Chapter 11 Europe Beam Expanders for Laser Material Processing Applications  Analysis and Forecast
   11.1 Introduction
   11.2 Europe Beam Expanders for Laser Material Processing Applications  Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      11.6.1 Galilean
      11.6.2 Keplerian
   11.7 Basis Point Share (BPS) Analysis By Type 
   11.8 Absolute $ Opportunity Assessment By Type 
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      11.10.1 Cutting
      11.10.2 Welding
      11.10.3 Marking
      11.10.4 Drilling
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Application 
   11.12 Absolute $ Opportunity Assessment By Application 
   11.13 Market Attractiveness Analysis By Application
   11.14 Europe Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      11.14.1 Automotive
      11.14.2 Aerospace
      11.14.3 Electronics
      11.14.4 Medical
      11.14.5 Others
   11.15 Basis Point Share (BPS) Analysis By End-use Industry 
   11.16 Absolute $ Opportunity Assessment By End-use Industry 
   11.17 Market Attractiveness Analysis By End-use Industry

Chapter 12 Asia Pacific Beam Expanders for Laser Material Processing Applications  Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Beam Expanders for Laser Material Processing Applications  Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      12.6.1 Galilean
      12.6.2 Keplerian
   12.7 Basis Point Share (BPS) Analysis By Type 
   12.8 Absolute $ Opportunity Assessment By Type 
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      12.10.1 Cutting
      12.10.2 Welding
      12.10.3 Marking
      12.10.4 Drilling
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Application 
   12.12 Absolute $ Opportunity Assessment By Application 
   12.13 Market Attractiveness Analysis By Application
   12.14 Asia Pacific Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      12.14.1 Automotive
      12.14.2 Aerospace
      12.14.3 Electronics
      12.14.4 Medical
      12.14.5 Others
   12.15 Basis Point Share (BPS) Analysis By End-use Industry 
   12.16 Absolute $ Opportunity Assessment By End-use Industry 
   12.17 Market Attractiveness Analysis By End-use Industry

Chapter 13 Latin America Beam Expanders for Laser Material Processing Applications  Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Beam Expanders for Laser Material Processing Applications  Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      13.6.1 Galilean
      13.6.2 Keplerian
   13.7 Basis Point Share (BPS) Analysis By Type 
   13.8 Absolute $ Opportunity Assessment By Type 
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      13.10.1 Cutting
      13.10.2 Welding
      13.10.3 Marking
      13.10.4 Drilling
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Application 
   13.12 Absolute $ Opportunity Assessment By Application 
   13.13 Market Attractiveness Analysis By Application
   13.14 Latin America Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      13.14.1 Automotive
      13.14.2 Aerospace
      13.14.3 Electronics
      13.14.4 Medical
      13.14.5 Others
   13.15 Basis Point Share (BPS) Analysis By End-use Industry 
   13.16 Absolute $ Opportunity Assessment By End-use Industry 
   13.17 Market Attractiveness Analysis By End-use Industry

Chapter 14 Middle East & Africa (MEA) Beam Expanders for Laser Material Processing Applications  Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Beam Expanders for Laser Material Processing Applications  Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Type
      14.6.1 Galilean
      14.6.2 Keplerian
   14.7 Basis Point Share (BPS) Analysis By Type 
   14.8 Absolute $ Opportunity Assessment By Type 
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Beam Expanders for Laser Material Processing Applications  Market Size Forecast By Application
      14.10.1 Cutting
      14.10.2 Welding
      14.10.3 Marking
      14.10.4 Drilling
      14.10.5 Others
   14.11 Basis Point Share (BPS) Analysis By Application 
   14.12 Absolute $ Opportunity Assessment By Application 
   14.13 Market Attractiveness Analysis By Application
   14.14 Middle East & Africa (MEA) Beam Expanders for Laser Material Processing Applications  Market Size Forecast By End-use Industry
      14.14.1 Automotive
      14.14.2 Aerospace
      14.14.3 Electronics
      14.14.4 Medical
      14.14.5 Others
   14.15 Basis Point Share (BPS) Analysis By End-use Industry 
   14.16 Absolute $ Opportunity Assessment By End-use Industry 
   14.17 Market Attractiveness Analysis By End-use Industry

Chapter 15 Competition Landscape 
   15.1 Beam Expanders for Laser Material Processing Applications  Market: Competitive Dashboard
   15.2 Global Beam Expanders for Laser Material Processing Applications  Market: Market Share Analysis, 2023
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      15.3.1 Edmund Optics Thorlabs Inc. Jenoptik AG Newport Corporation OptoSigma Corporation;  Sill Optics GmbH & Co. KG Excelitas Technologies Corp. II-VI Incorporated Lumentum Holdings Inc. MKS Instruments, Inc. Coherent, Inc. IPG Photonics Corporation LightPath Technologies, Inc. Optics BalzersAG Altechna EKSMA Optics FISBA AG Holo/Or Ltd. Photonics Industries International, Inc. Sintec Optronics Pte Ltd.

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