India has a 5% share of the more than $12 billion global laser market. Mammoth growth in consumer electronics and automotive sector in Indian subcontinent has contributed to the tremendous growth of laser machine industries. In addition to this there are other factors boosting the growth of the market in a long run such as the government’s make in India initiative, which has contributed to in-crease the local manufacturing within the country, in sectors like defence and aerospace. Also this initiative has led to many joint ventures between Indian companies and foreign manufacturers and has also caused huge increase in local manufacturing, which all have indirectly inf luenced the growth of increased use of laser machines. In the coming years, technologies like additive manufacturing, 3D printing, and hybrid manufacturing, will greatly utilize lasers for manufacturing in all industrial sectors. Thus the market is expected to boom further in the near future.

Industry Outlook in this issue presents a list of “Top 10 Laser Machine manufacturers-2021” who have lever-aged their extensive industry expertise and experience in bringing innovative products...