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Laser Technology Market by Type , Application and Geography - Trends & Forecast to 2013 - 2020

Laser is an acronym which stands for 'Light Amplification by Stimulated Emission of Radiation'. The extraordinary property of laser is that its light waves travel long distances with very little deviation; whereas conventional light emits a mixture of separate waves that cancel each other at random and hence, can travel only short distances. There are numerous types of lasers operating at different wavelengths and are used for various applications. But only a few of these lasers are used for specialized research. Different types of laser can be divided on basis of the matter of state of the active medium which includes: solid, liquid, or gas; the characteristics of the radiation emitted from the laser; and the number of energy levels which participate in the lasing process.

The total laser technology market is expected to grow to$17.06 billion by 2020 at an estimated CAGR of 7.58% from 2014 to 2020.The report also presents the market trends which depict the growth of the market from 2014 to 2020. The report presents a detail analysis of different segments forthe global market which includes product types, resolutions, applications, and geography. The analysis of the global laser technology market is done with a special focus on the high growth applications in each vertical and the fast growing application market segment.Illustrative segmentation, analysis, and forecast of the major geographic markets give an overall view of the global market.

Some of the key players in the laser technology market are Trumpf (U.S.), JDS Uniphase Corporation (U.S), Coherent, Inc. (U.S.), Rofin-Sinar (Germany), Cymer, Inc. (U.S.), Newport Corporation (U.S.), and IPG Photonics Corporation (U.S.).

Market by Laser Type:

On the basis of laser types, the laser technology market can be classified by its type as solid, liquid, and gas lasers. Solid lasersare segmented into YAG Lasers, fiber lasers, thin disk lasers, and ruby lasers. Liquid lasers are segmented into dye lasers and X-ray lasers. Gas lasers are segmented into He-Ne lasers, Argon Lasers, CO2 lasers, Excimer lasers, and chemical lasers.

Market by Application:

The application market for lasergrowsat a high pace.The laser technology and processing systems are used in a wide range of industrial applications. The growing demand from the industrial sector drives the growth of the laser technology market. Key end-use industries of this market include military, aerospace, automotive, medical, and Research and Development (R&D). Among all,medical is one of the fastest growing applications.

Market by Geography:

The global laser technology market by geography is segmented into four different regions:North America, Europe, APAC, and Rest of the world.

The report recognizes the market dynamics such as drivers, restraints, and opportunities. Apart from the market segmentation, the report also includes critical market data and qualitative information for each product type along with quantitative analysis such as Porter's five forces analysis, market time-line analysis, industry breakdown analysis, and value chain analysis.

Summary

The laser technology is considered to be the core enabling technology for many applications. There are different kinds of lasers used in various applications. Lasers are offered in various formats with different properties depending on a broad range of technologies, thereby making them heterogeneous. Also, applications equally vary from systems for manufacturing (for example, welding and marking); lasers for surgery; lasers in defense (for example, ranging and weaponry); and lasers used in scientific research and development.Communication and industrial applications,such as material processing, contribute the maximum to the laser industry. Among these, cutting and welding form a base for the major chunk of the laser applications. Increased telephone usage, electronic transmission, relaying of television signals, and the requirement for communication in space will be the key drivers for the further growth of lasers in the communication sector, which is the major contributor for the laser industry. The most prospective market for laser in new applications is medical and consumer electronics. Lasers are being used in skin treatments, such as removing wrinkles, sunspots, tattoos or birthmarks, and so on.

This report presents the future of the global market and industry from both technical and market-oriented perspectives with techno-market oriented roadmaps till 2020. This report describes the market trends, drivers, restraints, and opportunities of the laser technology market and forecasts the markettill 2020, based on product types, applications, and geography.In geography, the report covers North Americas, Europe, Asia-Pacific, and RoW (Rest of the World)

Some of the key players in the laser technology market are Trumpf (U.S.), JDS Uniphase Corporation (U.S), Coherent, Inc. (U.S.), Rofin-Sinar (Germany), Cymer, Inc. (U.S.), Newport Corporation (U.S.), and IPG Photonics Corporation (U.S.).

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The laser technology market is expected to grow to $17.06 Billion by 2020, at an estimated CAGR of 7.58% from 2013 to 2020.There has been a significant growth in the demand for lasers with drastically reduced laser size, high wall plug efficiency, low power consumption, and low cost. With improvements in the semiconductor laser materials and mounting technologies, it is anticipated that the diode lasers market would continue to expand in the laser technology market. Fiber lasers and disk lasers would continue to play a role in the energy storage for pulsed systems. Furthermore, the emerging new optical combination schemes are expected to provide an impetus to the growth of the market

Table of Contents

1 Introduction

  • 1.1 Objectives of the Study
  • 1.2 Report Description
  • 1.3 Market Covered
  • 1.4 Stakeholders
  • 1.5 Market Scope

2 Research Methodology

  • 2.1 Description of the Laser Technology Demand Model
  • 2.2 Market Size Estimation
  • 2.3 Market Crackdown and Data Trangulation
  • 2.4 Market Share Estimation
    • 2.4.1 Key Points Taken From Secondary Sources
    • 2.4.2 Key Points Taken From Primary Sources
    • 2.4.2.1 Key Industrial Insights
    • 2.4.3 Assumptions

3 Executive Summary

4 Premium Insights

  • 4.1 Attractive Market Opportunities for the Laser Technology
  • 4.2 Laser Technology Market - Top Two Product Segments
  • 4.3 Market in the Asia-Pacific Region
  • 4.4 Asia-Pacific Is Expected to Emerge As the Fastest Growing Market At A Cagr of 8.40%
  • 4.5 Market Application (2018)
  • 4.6 Market: Developed Vs Developing Nations
  • 4.7 Global Market: Solid and Gas Lasers (2020)
  • 4.8 Life Cycle Analysis of the Laser Technology Market, By Geography

5 Market Overview

  • 5.1 Introduction
  • 5.2 Evolution
  • 5.3 Market Segmentation
  • 5.4 Market Dynamics
    • 5.4.1 Drivers
    • 5.4.1.1 The Use of Lasers Has Been A Growing Trend in the Development of the Medical Field
    • 5.4.1.2 Technological Advancements and Emerging Trends in the Industrial Market
    • 5.4.1.3 Increased Military Expenses, Owing to the Laser's Potential to Defend Against Several Threats
    • 5.4.2 Restraints
    • 5.4.2.1 Lack of Technical Expertise to Execute Laser Technologies
    • 5.4.2.2 High Initial Investment, Implementation, and Maintenance Cost
    • 5.4.2.3 Eurozone Crises Have An Adverse Effect on the Laser Technology Market
    • 5.4.3 Opportunities
    • 5.4.3.1 Automotive Light Illumination in Automobiles offers Vehicle Safety
    • 5.4.3.2 High Adoption of Disk Lasers in Industrial Sectors
    • 5.4.3.3 Green Laser Devices for Projection Applications
    • 5.4.3.4 Different Emerging Applications of the Laser Technology
    • 5.4.3.5 Lassol: Laser Technology for Solar Cells
    • 5.4.3.6 Photobiomodulation: An Emerging Area of Medical Science
    • 5.4.4 Challenges
    • 5.4.4.1 Technical Challenges Faced With High Power Lasers
  • 5.5 Burning Issue
    • 5.5.1 Environmental Concern and Safety Issues With Lasers
  • 5.6 Winning Imperatives
    • 5.6.1 Vertical Consolidation

6 Industry Trends

  • 6.1 Introduction
  • 6.2 Supply Chain Analysis
  • 6.3 Industry Trends
  • 6.4 Porter's Five forces Model
    • 6.4.1 Threat of Substitutes
    • 6.4.2 Threat of New Entrants
    • 6.4.3 Bargaining Power of Buyers
    • 6.4.4 Bargaining Power of Suppliers
    • 6.4.5 Intensity of Rivalry
  • 6.5 Strategic Benchmarking
    • 6.5.1 Technology Integration & Product Enhancement

7 Laser Technology Market, By Type

  • 7.1 Introduction
  • 7.2 Solid Lasers
    • 7.2.1 Yag Lasers
    • 7.2.2 Fiber Lasers
    • 7.2.3 Thin Disk Lasers
    • 7.2.4 Ruby Lasers
    • 7.2.5 Semiconductor Lasers
  • 7.3 Liquid Lasers
    • 7.3.1 X Ray Lasers
    • 7.3.2 Dye Lasers
  • 7.4 Gas Lasers
    • 7.4.1 HE-NE Laser
    • 7.4.2 Argon Ion Laser
    • 7.4.3 CO2 Gas Laser
    • 7.4.4 Excimer Gas Lasers
    • 7.4.5 Chemical Gas Lasers
  • 7.5 Others
  • 7.6 Laser Technology Types Based on Time
    • 7.6.1 Fematosecond Lasers
    • 7.6.2 Nanosecond Lasers
    • 7.6.3 Picosecond Lasers

8 Laser Processing Techniques

  • 8.1 Introduction
  • 8.2 Materialprocessing
    • 8.2.1 Cutting
    • 8.2.1.1 Fusion Cutting
    • 8.2.1.2 Flame Cutting
    • 8.2.1.3 Sublimation Cutting
    • 8.2.2 Drilling
    • 8.2.2.1 Single Pulse Drilling
    • 8.2.2.2 Percussion Drilling
    • 8.2.2.3 Trepanning Drilling
    • 8.2.2.4 Helical Drilling
  • 8.3 Marking and Engraving
    • 8.3.1 Direct Photopolymer Laser Imaging
    • 8.3.2 Sub Surface Laser Engraving
  • 8.4 Micro-Processing
  • 8.5 Others

9 Laser Technology Market, By Application

  • 9.1 Introduction
  • 9.2 Commercial
  • 9.3 Communication
  • 9.4 Industrial
  • 9.5 Medical
  • 9.6 Military
  • 9.7 Research
  • 9.8 Consumer
  • 9.9 Automotive
  • 9.10 Others

10 Geographic Analysis

  • 10.1 Introduction
  • 10.2 North America
  • 10.3 Europe
  • 10.4 Asia-Pacific
  • 10.5 Rest of the World

11 Competitive Landscape

  • 11.1 Overview
  • 11.2 Market Share Analysisof Laser Technology Market
  • 11.3 Competitive Situation and Trends
    • 11.3.1 New Product Launches
    • 11.3.1 Mergers and Acquisitions
    • 11.3.2 Agreements, Partnerships, Collaborations, & Joint Ventures
    • 11.3.3 Expansions
    • 11.3.4 Other Developments

12 Company Profiles

(Overview, Products and Services, Financials, Strategy & Development)*

  • 12.1 ASML Holding Nv
  • 12.2 Axcel Photonic Inc.
  • 12.3 Coherent Inc.
  • 12.4 Epilog Laser
  • 12.5 GSI Group Inc.
  • 12.6 Source: Press Release IPG Photonics Corporation
  • 12.7 JDS Uniphase Corporation
  • 12.8 Laser Technology Inc.
  • 12.9 Newport Corporation
  • 12.1 Rofin-Sinar Technologies, Inc.
  • 12.11 Trumpf Inc.
  • 12.12 Vytek Laser Systems

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

13 Appendix

  • 13.1 Insights of Industry Experts
  • 13.2 Discussion Guide
  • 13.3 Introducing RT: Real Time Market Intelligence
  • 13.4 Available Customizations
  • 13.5 Related Reports

List of Tables

  • Table 1 The Year of Discovery for Different Laser Types
  • Table 2 The Use of Lasers Has Been A Growing Trend in the Development of the Medical Field
  • Table 3 Some of the Prominent Companies in the Laser Technology Market
  • Table 4 Laser Electronic Component Key Manufacturers and Suppliers
  • Table 5 Laser Optics Key Manufacturers and Suppliers
  • Table 6 Global Laser Technology, Market Size, By Type, 2013 - 2020 ($Billion)
  • Table 7 Global Solid Laser Type, Market Size, By Technology, 2013 - 2020 ($Billion)
  • Table 8 Global Market Size, By Application, 2013 - 2020 ($Million)
  • Table 9 Global Market Size for Medical, By Geography, 2013 - 2020 ($Million)
  • Table 10 Global Solid Market Size for industrial, By Geography, 2013 - 2020 ($Million)
  • Table 11 Global Solid Laser Technology, Market Size for Military, By Geography, 2013 - 2020 ($Million)
  • Table 12 Global Market Size for Research, By Geography, 2013 - 2020 ($Million)
  • Table 13 Global Market Size for Commercial, By Geography, 2013 - 2020 ($Million)
  • Table 14 Global Market Size for Consumer, By Geography, 2013 - 2020 ($Million)
  • Table 15 Global Market Size for Automotive, By Geography, 2013 - 2020 ($Million)
  • Table 16 Global Market Size for Communication, By Geography, 2013 - 2020 ($Million)
  • Table 17 Global Market Size for Other Application, By Geography, 2013 - 2020 ($Million)
  • Table 18 Global Yag Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 19 Global Fiber Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 20 Global Thin Disk Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 21 Global Ruby Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 22 Global Semiconductor Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 23 Global Liquid Laser Type, Market Size, By Technology, 2013 - 2020 ($Million)
  • Table 24 Global Liquid Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 25 Global Market Size for Medical, By Geography, 2013 - 2020 ($Million)
  • Table 26 Global Market Size for Industrial, By Geography, 2013 - 2020 ($Million)
  • Table 27 Global Market Size for Military, By Geography, 2013 - 2020 ($Million)
  • Table 28 Global Market Size for Research, By Geography, 2013 - 2020 ($Million)
  • Table 29 Global Market Size for Commercial,By Geography, 2013 - 2020 ($Million)
  • Table 30 Global Market Size for Consumer, By Geography, 2013 - 2020 ($Million)
  • Table 31 Global Market Size for Automotive, By Geography, 2013 - 2020 ($Million)
  • Table 32 Global Market Size for Communication, By Geography, 2013 - 2020 ($Million)
  • Table 33 Global Market Size for Other Application, By Geography, 2013 - 2020 ($Million)
  • Table 34 Global X-Ray Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 35 Global Dye Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 36 Global Gas Laser Type, Market Size, By Technology, 2013 - 2020 ($Million)
  • Table 37 Global Gas Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 38 Global Gas Laser Technology, Market Size for Medical, By Geography, 2013 - 2020 ($Million)
  • Table 39 Global Gas Laser Technology, Market Size for Industrial, By Geography, 2013 - 2020 ($Million)
  • Table 40 Global Gas Laser Technology, Market Size for Military, By Geography, 2013 - 2020 ($Million)
  • Table 41 Global Gas Laser Technology, Market Size for Research, By Geography, 2013 - 2020 ($Million)
  • Table 42 Global Gas Laser Technology, Market Size for Commercial, By Geography, 2013 - 2020 ($Million)
  • Table 43 Global Gas Laser Technology, Market Size for Consumer, By Geography, 2013 - 2020 ($Million)
  • Table 44 Global Gas Laser Technology, Market Size for Automotive, By Geography, 2013 - 2020 ($Million)
  • Table 45 Global Gas Laser Technology, Market Size for Communication, By Geography, 2013 - 2020 ($Million)
  • Table 46 Global Gas Laser Technology, Market Size for Other Application, By Geography, 2013 - 2020 ($Million)
  • Table 47 Global HE-NE Laser Technology Market Size, By Application, 2013 - 2020 ($Million)
  • Table 48 Global Argon Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 49 Global CO2 Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 50 Global Excimer Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 51 Global Chemical Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 52 Global Other Laser Technology, Market Size, By Application, 2013 - 2020 ($Million)
  • Table 53 Types of Laser and Applications
  • Table 54 Commercially Available Lasers and Their Industrial Applications
  • Table 55 Global Laser Technology Market Size, By Application, 2013 - 2020 ($Billion)
  • Table 56 Global Market Size for Commercial Application, By Type, 2013 - 2020 ($Million)
  • Table 57 Global Market Size for Communication Application, By Type, 2013 - 2020 ($Million)
  • Table 58 Global Market Size for Industrial Application, By Type, 2013 - 2020 ($Million)
  • Table 59 Global Market Size for Medical Application, By Type, 2013 - 2020 ($Million)
  • Table 60 Global Market Size for Military Application, By Type, 2013 - 2020 ($Million)
  • Table 61 Global Market Size for Research Application, By Type, 2013 - 2020 ($Million)
  • Table 62 Global Laser Technology, Market Size for Consumer Application, By Type, 2013 - 2020 ($Million)
  • Table 63 Global Laser Technology, Market Size for Automotive Application, By Type, 2013 - 2020 ($Million)
  • Table 64 North America Laser Technology Market Size, By Type, 2013 - 2020 ($Billion)
  • Table 65 North America: Market Size, By Application, 2013 - 2020 ($Million)
  • Table 66 North America: Market Size, By Country, 2013 - 2020 ($Billion)
  • Table 67 Europe Laser Technology Market Size, By Type, 2013 - 2020 ($Million)
  • Table 68 Europe: Market Size, By Application, 2013 - 2020 ($Million)
  • Table 69 Europe: Market Size, By Country, 2013 - 2020 ($Million)
  • Table 70 APAC Laser Technology Market Size, By Type, 2013 - 2020 ($Million)
  • Table 71 APAC: Market Size, By Application, 2013 - 2020 ($Million)
  • Table 72 APAC: Market Size, By Geography, 2013 - 2020 ($Million)
  • Table 73 ROW Laser Technology Market Size, By Type, 2013 - 2020 ($Million)
  • Table 74 ROW: Market Size, By Application, 2013 - 2020 ($Million)
  • Table 75 ROW: Market Size, By Geography, 2013 - 2020 ($Million)
  • Table 76 New Product Launches, 2011-2014
  • Table 77 Mergers and Acquisitions, 2010-2014
  • Table 78 Agreements, Partnerships, Collaborations, and Joint Ventures, 2009-2014
  • Table 79 Expansions, 2011-2014
  • Table 80 Other Developments, 2011-2014
  • Table 81 Axcel Photonic Inc.: Business Overview
  • Table 82 Epilog Laser: Business Overview
  • Table 83 Laser Technology Inc.:Business Overview
  • Table 84 Vytek Laser Systems.:Business Overview

List of Figures

  • Figure 1 Laser Technology Market-Segmentation
  • Figure 2 Market Research Methodology
  • Figure 3 Cagr (%) of the Laser Technology Market, By Region
  • Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
  • Figure 5 Market Size Estimation Methodology: top-Down Approach
  • Figure 6 Breakdown of Primary Interviews: By Company Type, Designation, and Region
  • Figure 7 Laser Technology Application Market Snapshot (2013 Vs 2020): Market for the Industrial Sector Is Expected to Be More Than Double in the Next Six Years
  • Figure 8 Global Laser Technology Market, By Application, (2014-2020)
  • Figure 9 Global Market Share, 2013
  • Figure 10 Attractive Market Opportunities in the Laser Technology
  • Figure 11 Solid Lasers to Grow At the Fastest Rate Among the top Three Products in the Laser Technology Market (Excluding Liquid Lasers)
  • Figure 12 Industrial Application Capture the Maximum Share in the Emerging Asia-Pacific Market
  • Figure 13 In APAC, Japan Is Estimated to Emerge As the Fastest Growing Market
  • Figure 14 Industrial Segment Will Continue to Dominate the North American Market in the Next Six Years
  • Figure 15 Developing Markets to Grow Faster Than the Developed Ones
  • Figure 16 The Solid Laser Segment Has A Promising Future in Emerging Economies of the APAC Region
  • Figure 17 Laser Technology Market-Segmentation
  • Figure 18 Supply Chain of Major Players in the Market
  • Figure 19 Key Industry Trends in the Market
  • Figure 20 Porter's Five forces Analysis
  • Figure 21 Strategic Benchmarking: Inorganic Growth Strategies for Technology Integration andproduct Enhancement
  • Figure 22 Laser System
  • Figure 23 Laser Technology Market, By Type
  • Figure 24 More Than Half of the Market Is Dominated By Solid Lasers
  • Figure 25 Fiber Laser and Semiconductor Laser Will Control the Laser Technology Market By 2020
  • Figure 26 Excimer Laser Would Drive the Growth of the Laser Technology Market
  • Figure 27 Laser Processing Techniques
  • Figure 28 Market Scenarion of Laser Technology By Processing
  • Figure 29 Classification of Laser Material Processing
  • Figure 30 Types of Laser Cutting
  • Figure 31 Types of Laser Drilling
  • Figure 32 Application Spectrum of Laser
  • Figure 33 Geographic Snapshot (2013)
  • Figure 34 The North American Market Snapshot: Demand Will Be Driven By Improvements in the Capability and Reduction in the Cost of Lasers
  • Figure 35 The U.K. Is the Major Market for Three Laser Categories in the european Laser Technology Market (2013)
  • Figure 36 The Asia-Pacific Laser Technology Market Snapshot - Japan Is the Most Lucrative Market
  • Figure 37 Automobile Manufacturers and Metal Processing industries Are Looking Toward R0w for Sustained Growth
  • Figure 38 Companies Adopted Product Innovation As the Key Growth Strategy Over the Last Three Years
  • Figure 39 Trumpf Inc. and IPG Photonics Corporation Grew At the Fastest Rate Between 2010 and 2013
  • Figure 40 Global Laser Technology Market Share, By Key Player, 2013
  • Figure 41 Market Evolution Framework-Significant New Product Development Has Fueled Growth and Innovation in 2013 and 2014
  • Figure 42 Battle for Market Share: New Product Launches Was the Key Strategy
  • Figure 43 ASML Holding Nv: Business Overview
  • Figure 44 ASML Holding Nv: Product Portfolio
  • Figure 45 Coherent Inc: Business Overview
  • Figure 46 Coherent Inc.: Products & Services
  • Figure 47 Coherent Inc.:SWOT Analysis
  • Figure 48 Epilog Laser:Product Portfolio
  • Figure 49 GSI Group Inc.:Business Overview
  • Figure 50 GSI Group Inc.:Product Portfolio
  • Figure 51 IPG Photonics Corporation:Business Overview
  • Figure 52 IPG Photonics Corporation:Product Portfolio
  • Figure 53 IPG Photonics Inc.:SWOT Analysis
  • Figure 54 JDS Uniphase Corporation:Business Overview
  • Figure 55 JDS Uniphase Corporation:Product Portfolio
  • Figure 56 JDS Uniphase Corporation:SWOT Analysis
  • Figure 57 Newport Corporation:Business Overview
  • Figure 58 Newport Corporation:Product Portfolio
  • Figure 59 Newport Corporation:SWOT Analysis
  • Figure 60 Rofin-Sinar Technologies, Inc.:Business Overview
  • Figure 61 Rofin-Sinar Technologies, Inc.:Product Portfolio
  • Figure 62 Trumpf Inc.:Business Overview
  • Figure 63 Trumpf Inc.:Product Portfolio
  • Figure 64 Trumpf Inc: SWOT Analysis
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