Global Laser Technology Market accounted to USD XX.XX million in 2017 growing at a CAGR of XX.XX% during the forecast period of 2018 to 2025, Globally. Laser technology market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Laser technology uses light to store, transfer, or print images and text. It generates light energy by converting the energy states of a material.
- It has its wide application in telecommunications, research, aerospace and defense, healthcare, and others.
- Huge demand from the healthcare vertical is the major driver in the growth of laser technology market.
- On the other hand, regulatory compliance may hamper the market.
Some of the major players of the global market are
- Access Laser
- Alltec GmbH
- AMS Technologies
- Bystronic Laser AG
- Coherent Inc.
- Epilog Laser
- Eurolaser GmbH
- Focuslight Technologies Inc.
- Han’s Laser Technology Industry Group Co. Ltd.
- IPG Photonics Corporation
- Jeanoptik AG
- Keopsys Group
- Lasaerstar Technologies Corp
- Lumentum Holdings Inc.
- Novanta Inc
- NPI LASERS Co., Ltd
Other players are Photonics Industries International. Inc, Prima Industrie S.P.A., Quantel Group, Toptica Photonics AG, Trumpf Group, Universal Laser Systems Inc., Ushio Opto Semiconductors Inc., MKS Instruments, and others. The report for laser technology market include detailed vendor level analysis for market shares for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Impact and development analysis of key vendors is registered in the laser technology market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.
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- The global laser technology market is segmented on the basis of type into
- Solid laser
- Liquid laser
- Gas laser
- The solid laser sub segment is further categorized into
- YAG laser
- Semiconductor Laser
- Thin Disk Laser
- Ruby Laser
- Fiber Laser
- The liquid laser sub segment is categorized into
- X-Ray laser
- Dye Lasers
- Gas laser segment is further categorized into
- Co2 laser
- Excimer Laser
- Argon Laser
- Chemical Laser
- Helium-Neon Laser
- The global laser technology market is also segmented on the basis of applications into
- Optical Communication
- Laser Processing
- Laser processing is further segmented into
- macro processing
- micro processing
- advanced processing
- The macro processing segment is further sub segmented into
- Marking & Engraving
- The cutting segment is further categorized into
- Fusion Cutting
- Flame Cutting
- Sublimation Cutting
- The drilling segment is categorized into
- Single Pulse Drilling
- Percussion Drilling
- Trepanning Drilling
- Helical Drilling
- The global laser technology is further segmented on the basis of vertical into
- Aerospace And Defense
- Semiconductor & Electronics
- Industrial, And Others
- On the basis of geography, global laser technology market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
- North America is expected to dominate the market.
Major Market Drivers: Global Laser Technology Market
- Increasing demand and awareness in the healthcare industry
- Superior alternatives over traditional material processing techniques
- Shift towards production of nano and micro devices
- Regulatory compliance for manufacturing and end-use industries
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