Laser shipments up 75% in 2Q04

Shipments of industrial laser equipment and systems to North America and U.S. exports were up roughly 75% to $173.6 million in the second quarter of 2004 (2Q04) from the same period a year earlier, according to the Laser Systems Product Group (LSPG) of the Association for Manufacturing Technology.

By Staff October 1, 2004

Shipments of industrial laser equipment and systems to North America and U.S. exports were up roughly 75% to $173.6 million in the second quarter of 2004 (2Q04) from the same period a year earlier, according to the Laser Systems Product Group (LSPG) of the Association for Manufacturing Technology. Shipments within North America by the 41 companies reporting to LSPG’s statistical program totaled $119.8 million, while exports amounted to $53.8 million.

LSPG’s research found that shipment of CO 2 lasers increased nearly 50% for 2Q04, while Nd:YAG lasers were up over 130% compared to 2Q03. The report also shows material cutting applications as the largest source of industrial laser activity in 2Q04, accounting for approximately 55% of all shipments. Also, nearly 70% of industrial lasers shipped in 2Q04 were CO 2 type, and nearly 90% of total shipments were configured as a laser system, which is defined as a laser source and workstation.