"Laser" stands for light amplification by stimulated emission of radiation. Most of the mainstream laser categories were developed 5 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 the 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.
This research report categorizes the global laser market on the basis of them being used in different products and exhaustive applications which includes industrial and consumer applications, and geographical analysis; forecasting revenue, market modeling and evaluating trends in the market.
The laser type market is segmented into five categories namely: CO2 lasers, fiber lasers, solid-state lasers, diode lasers, dye lasers and excimer lasers. The disc laser offers some unique properties which 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.
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.
Key firms like Coherent (U.S.), IPG Photonics (U.S.), Newport (France), Rofin-Sinar (U.K.), and TRUMPF (U.S.) contribute to the industrial laser revenues. 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.
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