Share of total exports of laser systems in Germany. (Source: VDMA)
The decline has been linked to the ailing global economy, structural transformation in the automotive industry, and politically motivated upheavals
Major end industries for laser systems have cut their equipment spending, notably smartphone makers and car manufacturers
Coherent's revenues drop 30 per cent year-on-year, while IPG’s decrease by 12 per cent
Matthew Dale reports on the International Laser Marketplace that took place at the Laser World of Photonics this year
Cathay Capital Private Equity, along with Mérieux Equity Partners, Bpifrance, and Auriga Partners, have announced that they have entered into exclusive negotiations for the sale of their stake in Amplitude Laser Group
The global market for laser systems for materials processing reached a record volume of $19.8 billion in 2018, despite slowing market growth
Fibre laser manufacturer IPG Photonics has experienced a 19 per cent drop in sales to China, on a year-over-year basis, throughout its final quarter of 2018
NLight has reported a full-year 2018 revenue increase of 38.1 per cent, the reported growth has been made despite ongoing challenging economical conditions in China
Coherent's materials processing sales in China have been impacted by a combination of tariffs, rising consumer debt and eroding consumer confidence and spending, which have taken a toll on the Chinese economy.
Photonics Systems Group, a manufacturer of laser machines for micro-material processing, and owner of Innolas Solutions, has acquired LS Laser Systems, a provider of laser solutions for marking, trimming and micro processing.
