India has a 5% market share in more than $ 12 billion in the global laser market. It is estimated that in the next five years, the global laser market will grow at a CAGR of 11.6% to reach 21 billion U.S. dollars, and India will become a major contributor to this growth. Since 2012, the laser cutting market in India has increased tenfold, from 50 to 500 a year.

As an Indian laser manufacturer that has undergone market development and evolution over the past decade, I believe the demand for lasers is on the brink of rapid development in this country. This growth will be driven by more economical fiber laser cutting machines, the need for continued technology improvements, the use of used machinery, and other laser applications.

One customer,Ramani explains: "Having a very efficient machine is much more lucrative than several machines running in parallel; and most importantly, I no longer have to worry about production, which makes my factory more futuristic." This will not only reduce maintenance costs but also save a lot of space. "This is a fair comment as Mumbai remains one of the most costly real estate markets in the world. However, the most important observation and quality are closely related to the real understanding of what the machine is to meet market demand. 

As more and more multinationals set up manufacturing plants in India, quality specifications will become more stringent and more OEMs will agree with Ramani's point about having cutting-edge production technology.

India's laser market is driven mainly by the automotive industry, but also driven by the continuous growth of the metal sheet cutting shop. The processing workshops are mainly located in the automotive centers such as Pune, Bangalore, Chennai, Mansar (near Delhi) and Ahmedabad, which together account for more than 80% of the metal-cutting laser processing shop market. Although the machine tool industry has traveled all over India, the areas of Punjab, Chandigarh, Rudina and Coimbatore are more intense, while the lasers used to process diamonds are mainly concentrated in Surat, which has been used cumulatively More than 10,000 to 12,000 lasers

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The automotive industry places great emphasis on quality and happens to be one of the largest consumer sectors in laser processing products, which is in a period of rapid growth - India is expected to become the world's fourth-largest car market by 2017. Businesses like Kia and Kawasaki have already announced plans to set up factories in India, while major auto makers such as Suzuki, Honda and Toyota are expanding their production capacity.

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As the market grows, the demand for laser talent is also on the rise. However, the lack of well-trained human resources has contributed to the inability of local manufacturers and distributors to expand.

Other laser applications such as cladding, welding and quenching are growing, but they are not growing as fast as cutting and marking. However, as the cost of lasers decreases, the demand for these applications continues to grow, and with the launch of the Made in India campaign, more and more companies are in the process of developing localized systems and solutions