Laser drilling machine market seen reaching $2.36 billion by 2030

By AI, Created 11:37 AM UTC, May 27, 2026, /AGP/ – The laser drilling machine market is projected to grow from $1.69 billion in 2025 to $2.36 billion by 2030 as automakers and electronics makers demand more precise, contact-free drilling. North America led the market in 2025, while Asia-Pacific is expected to post the fastest growth.

Why it matters: - Laser drilling is becoming more important as manufacturers push for tighter tolerances, smaller components and less material damage. - Demand is strongest in automotive and electronics, two sectors that are adopting more advanced production methods. - The market’s growth signals broader investment in smart manufacturing, automation and ultrafast laser systems.

What happened: - The Business Research Company said the laser drilling machine market will rise from $1.69 billion in 2025 to $1.81 billion in 2026. - The report projects the market will reach $2.36 billion by 2030, reflecting a 6.9% compound annual growth rate over the forecast period. - The report was released May 28, 2026, from London. - A free sample report is available online.

The details: - Laser drilling machines use a concentrated laser beam to create precise holes in materials without direct contact. - The process melts or vaporizes target material, which supports clean micro-scale drilling. - The machines can increase processing speed, reduce material damage and produce intricate hole patterns. - Growth in 2025 and 2026 was driven by demand for miniaturized electronic parts, more automotive electronics production, growth in consumer electronics manufacturing, the need for highly precise drilling and wider adoption of solid-state lasers. - The report points to smart manufacturing adoption, multi-material processing, artificial intelligence, automation and research into ultrafast laser technologies as key drivers through 2030. - The report also highlights high-precision micro-drilling, expanded use in automotive electronics, more deployment in consumer electronics, better connectivity with smart manufacturing platforms and demand for multi-material capability as major trends. - North America led the market in 2025. - Asia-Pacific is expected to be the fastest-growing region over the forecast period. - The regional analysis also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

Between the lines: - Automotive electrification is a major demand driver because EV parts such as battery cells, power electronics and electric drivetrains require precision processing. - The shift away from internal combustion engines is being accelerated by stricter emissions rules and clean energy goals. - Kelley Blue Book reported in January 2024 that 1.2 million U.S. car buyers chose electric vehicles in 2023, equal to 7.6% of the market, up from 5.9% in 2022. - That kind of EV adoption supports more demand for laser drilling in battery electrodes and power electronics. - The report’s forecast also suggests manufacturers are moving toward equipment that can support more flexible, software-driven production lines.

What’s next: - The market’s next leg of growth will likely track EV production, electronics miniaturization and wider use of smart factory systems. - The Business Research Company says further R&D in ultrafast laser technologies and multi-material processing will shape product development. - The company also says its 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel-based forecasting dashboards, market hotspots infographics and updated trend analysis.

The bottom line: - Laser drilling is moving from a niche precision tool to a broader manufacturing requirement as EVs, electronics and smart factories scale up.