The Indian laser market—your opportunity

India is emerging as a technology hub with its expertise in telecommunications, electronics, manufacturing, automotive and ancillary segments.

There are good reasons to participate in LASER World of PHOTONICS INDIA

  • We offer high service and international standards
    As organizer of the world's leading trade shows for photonics, we built up a network of international trade fairs and global partnerships with the most important trade associations and media outlets.
    We get support from associations such as Optical Society of India (OSI), Indian Laser Association (ILA), Photonics Society of India (PSI), Laser Industry Association of India (LIAI), The Optical Society (OSA), SPECTARIS and OptecNet Germany.
  • The audience we address is incomparable
    Experts from universities and institutions, target customers from different industries and group buyers show us the market’s needs, the latest research results and countless business opportunities. International and Indian manufacturers as well as their local representatives showcase the latest technological developments tailored for the demand of the Indian market. Visitors come from industry sectors ranging from industry sectors ranging from automotive, to telecommunications, from medical to diamond, as well as from research institutes.
  • We have a high quality accompanying program
    With the help of industry associations like LIAI, OSI, AMSI, ARCI and industry leader, the exhibition is a platform where researchers, engineers and scientific experts can exchange their ideas, share their visions, demonstrate their innovative spirit and communicate their practices and experiences.

Factsheet LWOP 2024

The Indian Laser Market: Impressive figures

  • The Indian laser market is expected to register a CAGR of 18.2% during the forecast period (2023-2028). (Source: mordorintelligence.com)
  • India has recently approved a $10 billion comprehensive program for the development of sustainable semiconductor and display ecosystem in the country. Against this back-drop, India's manufacturing GDP is forecast to grow at an average annual rate (AAGR) of 9%, in nominal terms, over 2022-26. (Source: businessworld.in)
  • India’s National Quantum Mission
    On April 19, 2023, India’s federal government approved a $730mn funding package for the country’s inaugural National Quantum Mission (NQM). The project aims to deliver intermediate-scale quantum computers with 50-1,000 physical qubits by 2031 and “make India one of the leading nations in the development of Quantum Technologies & Applications (QTA).” (Source - techmonitor.ai)
  • Electric vehicle industry in India. Why foreign investors should pay attention: The electric vehicle industry in India is picking pace with 100% FDI possible, new manufacturing hubs, and increased push to improving charging infrastructure. Federal subsidies and policy favoring deeper discounts for Indian-made electric two-wheelers as well as a boost for localized ACC battery storage production are other growth drivers for the Indian EV industry. (Source: www.india-briefing.com)
  • India's EV market to grow to 10 million units annually by 2030
    Union Minister of Road Transport and Highways - Nitin Gadkari says there are 3 million registered EVs in India and the country's EV market is expected to grow to 10 million units in annual sales by 2030 and create 50 million jobs.There has been a 300% rise in EV sales in 2022 and the market potential is expected to reach $266 billion by 2030, he says, adding that India has 400 EV start-ups. (Source - fortuneindia.com)
  • The market for Laser metal deposition (LMD) is still in its initial years and is not used much in industrial applications in India. A few of these systems are mainly in R&D labs. Recently, the Indian Institute of Science (Bangalore) placed an order for a FormAlloy (U.S.) system for LMD. The technique has an advantage of faster speed and allows for new material/alloy development. It looks like both technologies, Powder bed fusion (PBF) and LMD, will be growing as the Indian government is giving a push to defense and aerospace manufacturing. (Source: laserfocusworld.com)
  • The Global Photonics Market was valued at USD 589.82 billion in 2020, and it is expected to reach USD 1019.77 billion by 2026, registering a CAGR of approximately 7.14% during the period of 2021-2026. (source: mordorintelligence.com)

LASER World of PHOTONICS INDIA revolves around innovative products and their industrial solutions and applications, reflecting the actual developments in the industry. Our years of experience with LASER World of PHOTONICS in Munich and Shanghai enable us to provide you with more than just an exhibition stand. That means competence, contacts and a competitive edge to promote an entire industry. Including your company.

See our exhibitors’ positive assessments about LASER World of PHOTONICS INDIA.