Global Laser Technology Market - Forecasts from 2018 to 2023
The global laser technology market was valued at US$9.857 billion in 2017 and is projected to expand at a CAGR of 4.84% over the forecast period to reach US$13.089 billion by 2023. Laser technology offers high accuracy with minimum environment effect which is a major factor contributing to the growing popularity of lasers. The recent shift towards the production of nano and micro devices has been instrumental in driving the laser technology market growth. Rapid expansion of industries like healthcare, food and beverage, metallurgy and others is increasing the adoption of different types of lasers for various applications by key industry players. Adoption of lasers in healthcare industry is increasing rapidly because of their ability to offer significant improvements in treatment of diseases over the conventional methods. Geographically, North America and Europe hold a significant share in the global market owing to flourishing industries and the presence of a large number of market players in these regions. The market in Asia Pacific is expected to witness an impressive growth over the projected period. This growth is majorly be attributed to increasing investments by major market players in this region.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the laser technology value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of this market.
Major industry players profiled as part of the report are Newport Corporation, Novanta Inc., IPG Photonics Corporation, and Coherent-ROFIN among others.
Segmentation
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the laser technology value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of this market.
Major industry players profiled as part of the report are Newport Corporation, Novanta Inc., IPG Photonics Corporation, and Coherent-ROFIN among others.
Segmentation
- By Laser Type
- Solid State
- Gas
- Dye or Liquid
- Semiconductor
- Others
- By Components
- Lasing Material
- External Energy Source
- Optical Resonator
- By End-User Industry
- Healthcare
- Food and Beverage
- Metallurgy
- Communication and Technology
- Others
- By Geography
- North America
- US
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- South Africa
- Israel
- Others
- Asia- Pacific
- Japan
- China
- India
- Australia
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL LASER TECHNOLOGY MARKET BY LASER TYPE
5.1. Solid State
5.2. Gas
5.3. Dye or Liquid
5.4. Semiconductor
5.5. Others
6. GLOBAL LASER TECHNOLOGY MARKET BY COMPONENTS
6.1. Lasing Material
6.2. External Energy Source
6.3. Optical Resonator
7. GLOBAL LASER TECHNOLOGY MARKET BY END-USER INDUSTRY
7.1. Healthcare
7.2. Food and Beverage
7.3. Metallurgy
7.4. Communication and Technology
7.5. Others
8. GLOBAL LASER TECHNOLOGY MARKET BY GEOGRAPHY
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East And Africa
8.4.1. Saudi Arabia
8.4.2. South Africa
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Epilog Laser
10.2. Jenoptik AG
10.3. Novanta Inc.
10.4. Newport Corporation
10.5. TRUMPF Group
10.6. Lumentum Holding Inc.
10.7. IPG Photonic Corporation
10.8. Coherent-ROFIN
List Of Figures
List Of Tables
1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL LASER TECHNOLOGY MARKET BY LASER TYPE
5.1. Solid State
5.2. Gas
5.3. Dye or Liquid
5.4. Semiconductor
5.5. Others
6. GLOBAL LASER TECHNOLOGY MARKET BY COMPONENTS
6.1. Lasing Material
6.2. External Energy Source
6.3. Optical Resonator
7. GLOBAL LASER TECHNOLOGY MARKET BY END-USER INDUSTRY
7.1. Healthcare
7.2. Food and Beverage
7.3. Metallurgy
7.4. Communication and Technology
7.5. Others
8. GLOBAL LASER TECHNOLOGY MARKET BY GEOGRAPHY
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. UK
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East And Africa
8.4.1. Saudi Arabia
8.4.2. South Africa
8.4.3. Israel
8.4.4. Others
8.5. Asia Pacific
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Epilog Laser
10.2. Jenoptik AG
10.3. Novanta Inc.
10.4. Newport Corporation
10.5. TRUMPF Group
10.6. Lumentum Holding Inc.
10.7. IPG Photonic Corporation
10.8. Coherent-ROFIN
List Of Figures
List Of Tables
