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At 5+ CAGR, Laser Technology Market Potentially Worth $15.38 Billion by 2022 Led by Optical Communication

The laser technology market is forecast to reach $15.38 billion by 2022 from $11.07 billion in 2016 at a CAGR of 5.2% during (2017-2022) driven by the increasing demand from the healthcare sector and ...

May 11, 2017 --

PUNE, India, May 11, 2017 /PRNewswire-iReach/ -- The laser technology market for gas laser is expected to grow at a highest rate during the forecast period. The laser technology market for gas laser is expected to grow at the highest rate between 2017 and 2022. Gas lasers are suitable for applications in which efficient beam quality, single mode operation, and laser beam with long coherent length is needed. Gas laser helps to prevent the damage of high-volume active material and allow quick heat removal from the laser cavity. These properties of the gas laser make it an ideal choice for a wide range of applications such as making holograms and reading of bar codes. Complete report on "Laser Technology Market" spread across 145 pages, profiling 10 companies and supported with 64 tables and 60 figures is now available at http://www.rnrmarketresearch.com/laser-technology-market-by-types-fiber-laser-co2-laser-solid-state-laser-excimer-laser-dye-laser-diode-laser-applications-global-forecast-and-analysis-2012-2017-market-report.html .

The optical communication is expected to hold the largest laser technology market share during the forecast period. The optical communication is expected to hold the largest share in this market during 20172022. Optical communication is a form of communication that uses light as a platform for transmission of data. Laser technology devices are used as high-speed transmitters in analog and digital fiber networks. It enhances the transmission speed of data at rates that are 10 to 100 times faster than the traditional method, i.e., radio.

The report segments the laser technology market comprehensively and provides the closest market size estimation for sub segments across different regions. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, new product launches, agreements, expansions, collaborations, partnerships, and acquisitions.


The APAC hold the largest share and also grow at the highest rate in the laser technology market. Asia Pacific (APAC) is expected to hold the largest share in this market during 20172022. The huge population base, increasing investments for research and development (R&D) activities, and increasing focus of international and domestic IT companies for growth of big data analytics and cloud-based services in the region are expected to drive the growth of the this market. Moreover, the continuous demand for cost-effective and fast processing laser machine tools from the semiconductor, automotive, industrial, and telecommunication verticals are expected to drive the growth of this market in this region.

This research study is obliging for following audience:

  1. Raw material and manufacturing equipment suppliers
  2. Laser equipment and system providers
  3. Semiconductor foundries
  4. Device manufacturers and suppliers
  5. Original design manufacturers (ODMs)
  6. Original equipment manufacturers (OEMs)
  7. Integrated device manufacturers (IDMs)
  8. ODM and OEM technology solution providers
  9. Assembly, testing, and packaging vendors
  10. Technology, service, and solution providers 
  11. Intellectual property (IP) core and licensing providers
  12. Suppliers and distributors
  13. Technology investors, venture capitalists, and patent holders
  14. Government and other regulatory bodies
  15. Research institutes and organizations
  16. Market research and consulting firms

The report profiles the key players in the laser technology market and analyzes their market ranking. The prominent players profiled in this report are as Coherent, Inc. (US), IPG Photonics Corp. (US), Trumpf Group (Germany), Lumentum Holdings Inc. (US), Jeanoptik AG (Germany), Novanta Inc (US), Quantel Group (UK), LasaerStar Technologies Corp. (US), Epilog Laser (US), and MKS Instruments (US).  Download PDF Brochure "Laser Technology Market by Type (Solid, Liquid, & Gas), Application (Optical communication & laser processing), Vertical (Commercial, Telecom, Research, Defense, Medical, Automotive, Electronics, & Industrial), & Geography - Global Forecast to 2022" research report at http://www.rnrmarketresearch.com/contacts/request-sample?rname=57125 .

In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (20%), Tier 2 (55%) and Tier 3 (25%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-Level (50%), Directors (25%) and Managers (25%) from various key organizations operating in the laser technology market. The primary interviews were conducted worldwide covering regions such as Americas (60%), Europe (20%), Asia-Pacific (10%) and RoW (10%).

Research Coverage: This research report categorizes the overall laser technology market on the basis of type, application, vertical, and geography. Moreover, the report provides the value chain analysis of laser technology market. Furthermore, the report discusses the major drivers, restraints, challenges, and opportunities pertaining to the market and the market ranking analysis.

On a related note, another research titled Quantum Cascade Lasers Market Global forecast to 2022 says, the quantum cascade lasers (QCL), this market is expected to be worth $374.8 million by 2022, growing at a CAGR of 3.9% between 2017 and 2022. The market for HHL & VHL packaged QCL is expected to grow rapidly. Industrial sector held the largest market share in 2016. RoW and Asia Pacific to be the fastest-growing markets. Companies such as Block Engineering, Inc. (US), Wavelength Electronics, Inc. (US), Hamamatsu Photonics K.K. (Japan), Thorlabs, Inc. (US), Alpes lasers SA (Switzerland), mir Sense (France), AdTech Optics (US), Pranalytica Inc. (US), AKELA Laser Corporation (US), and nano plus Nano systems and Technologies GmbH (Germany) have been profiled in this 141 pages research report available at http://www.rnrmarketresearch.com/quantum-cascade-lasers-market-by-packaging-type-c-mount-hhl-vhl-package-to3-package-operation-mode-continuous-wave-pulsed-fabrication-technology-fabry-perot-distributed-feedback-tunable-external-cavi-st-to-2022-market-report.html .

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