Laser Technologies, Components & Applications Market - Global Forecast &
Analysis (2012 - 2017) By Types (Fiber Laser, CO2 Laser, Solid State Laser,
Excimer Laser, Dye Laser, Diode Laser) & By Applications (Cutting & Welding,
Marking & Engraving, Semiconductor & Micro Processing, Automotive Industry,
Communication, Excimer Lithography, Data Storage, Medical, Defense,
Instrumentation & Sensors, Pumps & Image Recording)
"Laser" stands for light amplification by stimulated emission of radiation. In
the early technical literature, especially at Bell Telephone Laboratories, the
laser was called an optical maser; this term is now obsolete. A laser which
produces light by itself is technically an optical oscillator rather than an
optical amplifier as suggested by the acronym. It has been humorously noted
that the acronym LOSER, for "light oscillation by stimulated emission of
radiation", would have been more correct. With the widespread use of the
original acronym as a common noun, actual optical amplifiers have come to be
referred to as "laser amplifiers", notwithstanding the apparent redundancy in
that designation.
Most of the mainstream laser categories were developed five decades ago but
the commercialization started with CO2 lasers being used in most of the
industrial applications. The new lasers like femtosecond and disc lasers
operate on the conventional principles, but compete with previous forms of
lasers in output power and efficiency. In spite of being very technical in
terms of installation and usage, lasers continue to be part of cutting edge
high end devices across verticals.
The report provides an exhaustive analysis of markets for all the types of
lasers, such as fiber lasers, CO2 lasers, solid-state lasers, diode lasers,
dye lasers, and excimer lasers. It includes detailed analysis of application
segments and geographical split across the globe. The report's strategic
section sketches the competitive scenario in the laser market. The prominent
players in different segments of the laser technology market were recognized
through secondary research and their market revenue was determined through
primary and secondary research. The size of the overall market was derived by
forecasting techniques based on the top-down and bottom-up approach, the study
of the application areas, and the trend for various geographical regions.
Scope of the report
The Laser Technologies Market research report categorizes the global laser
market on the basis of them being used in different products and exhaustive
applications that includes industrial and consumer applications, and
geographical analysis; forecasting revenue, market modeling, and evaluating
trends in the market.
On the basis of product type
The laser type market is segmented into six categories; namely: CO2 lasers,
fiber lasers, solid-state lasers, diode lasers, dye lasers, and excimer
lasers. The disc laser offers some unique properties that are particularly
interesting for certain c-Si (Crime scene investigation) applications. As
compared to a rod, a disc laser offers significantly higher beam quality, i.e.
much higher average power of best beam quality.
Compared to bulk lasers, fiber lasers feature higher wall-plug efficiency,
rugged and compact design, and nearly maintenance-free operation. Fiber lasers
are appropriate for generating high average powers with good beam quality. On
the other hand, due to nonlinearities, there is a lower potential for high
pulse energies and peak powers.
On the basis of application
The application market is segmented into industrial applications, medical
applications, military, and commercial applications. The industrial
applications are further classified into marking & engraving, cutting &
welding, semiconductor & micro processing and automotive industry. The other
applications include instrumentation & sensors, pumps, medical, excimer
lithography, science and defence, communications and consumer electronics.The
market trends and future projections for these applications are discussed
comprehensively. Communication and industrial applications like material
processing give the maximum contribution to the laser industry. Among these,
cutting & welding form a base for the majority of the laser applications.
On the basis of geography
North America
Europe
APAC
ROW
Each section will provide market data, market drivers, trends and
opportunities, key players, and competitive outlook. It will also provide
market tables for covering the sub-segments and micro-markets. In addition,
the report provides 17 company profiles covering all the sub-segments.
Summary
Laser systems are the fundamental enabling technology for a wide array of
applications. There is a wide variation in the form of lasers from the very
low power lasers used in bar code scanning to the very high power used in
cutting and welding and the lot includes all types of lasers encompassing
diode and non-diode systems. Lasers are available in various formats with
different properties dependent on a broad range of technologies making them
heterogeneous. Besides, the applications equally vary from systems for
manufacturing (e.g. welding and marking), lasers for surgery, lasers in
defense (e.g. ranging and weaponry), and lasers used in scientific research
and development.
CO2 laser, solid state laser, and fiber laser are the most prominent lasers
available in the market. In the overall market of lasers, CO2 laser
contributes to the major market share. CO2 lasers are majorly used for
industrial application like cutting and welding; whereas fiber lasers are
mostly used for marking and engraving. There are certain applications where
CO2 lasers and fiber lasers can be an impeccable complement such as for the
application of marking and engraving; CO2 lasers are more suitable for cutting
and marking organic material corresponding to wood and plastic.
The most prospective market for laser in new applications is medical and
consumer electronics. Laser surgery for skin treatment such as removing
wrinkles, sunspots, tattoos or birthmarks are on hype. In medical
applications, solid-state lasers and CO2 lasers are prominently preferred.
There are four types of commercialized lasers under which the entire laser
market can be classified, namely solid-state lasers, CO2 lasers, excimer
lasers, diode lasers, fiber lasers. At present, most of the applications and
products are covered under industrial and medical applications. Quantum
cascade lasers are expected to revolutionize the laser market whilst
increasing the laser revenue with the introduction of more applications in
military and communications market. There are some hindrances such as lack of
technical expertise, and high implementation cost for this market.
By geography, APAC is the market leader; followed by Europe, and North
America. APAC is the fastest growing market growing for lasers owing to high
commercialization of products in applications like defense, medical, and
consumer electronics.
The various companies currently involved in laser market are Coherent (U.S.),
IPG Photonics (U.S.), Newport Corporation (U.S.), Rofin-Sinar (Germany),
TRUMPF (U.S.), etc.
Table of Contents
Table of Contents
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS
2 EXECUTIVE SUMMARY
2.1 OVERVIEW
2.2 PARENT MARKET TABLES
2.3 MARKET MODEL
2.4 FORECASTING APPROACH
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 MARKET DYNAMICS
3.2.1 DRIVERS
3.2.1.1 Wide application in medical treatments
3.2.1.2 Advancements in industrial market
3.2.1.3 Increased military spending
3.2.1.4 Growth in automotive industry
3.2.2 RESTRAINTS
3.2.2.1 Lack of technical expertise
3.2.2.2 High implementation cost
3.2.3 OPPORTUNITIES
3.2.3.1 Automotive light illumination
3.2.3.2 Green laser devices for projection applications
FIGURE 23 NORTH AMERICA: LASER TECHNOLOGY TYPE AND APPLICATION MARKET
REVENUE, 2012 - 2017 ($BILLION)
FIGURE 24 EUROPE: LASER TECHNOLOGY TYPE AND APPLICATION MARKET REVENUE,
2012 - 2017 ($BILLION)
FIGURE 25 APAC: LASER TECHNOLOGY TYPE AND APPLICATION MARKET REVENUE, 2012
- 2017 ($BILLION)
FIGURE 26 KEY GROWTH STRATEGIES
FIGURE 27 MARKET SHARE OF LASER TECHNOLOGY PLAYERS, BY REVENUE, 2010 - 2011
Laser Technologies, Components & Applications Market - Global Forecast & Analysis (2012 - 2017) published by Markets and Markets in May 2, 2012. This report consists of 189 Pages and the price starts from US $ 4650.
