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Laser Technology Market 2018: Sales Revenue, Comprehensive Research Study, Emerging Technologies, Future Plans, Competitive Landscape and Potential Of Industry From 2018-2023
Market Research Future published a research report on “Laser Technology Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Published 08 March 2018
Market Highlights
The global laser technology market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the laser technology market is due to growing adoption of wireless laser connections, which is propelling market growth of laser technologies market to a large extent. In June 19, 2017, IPG Photonics Corporations announced its agreement to acquire Innovative Laser Technologies. This acquisition is done to provide best-in-class standardized and turnkey systems solutions to medical device industries and other customers. The turnkey solution includes customized machine engineering, laser application design, integration services and others. The company is planning to provide laser-based systems solution high-precision welding, cutting, marking, drilling, cladding, and other processing of metals.
The North American region is experiencing a higher demand due to its new and innovative products which is widely used in the healthcare sectors. For instance, the lasers technologies are used for laser vision correction, dermatological treatment, ontogenetic, dynamic contrast-enhanced MRI, confocal microscopy, and others. The prominent companies such Applied Laser Technology, Inc. (U.S.), Epilog Laser (U.S.), NeoPhotonics Corporation (U.S.), MKS Instruments (U.S.), are providing laser technology solutions in the market. These major players are investing in producing of laser technology products and providing solution across the world.
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The global Laser Technology Market is expected to reach USD ~ 18 billion at a CAGR of over 6% by the end of the forecast period.
Regional Analysis
The regional analysis of laser technology market is studied for regions such as Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The Laser Technology Market in this region has a huge demand due to the increasing adoption of consumer electronics devices, which is propelling the market growth to a large extent. The laser technology market in Europe is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging laser technology market, which is expected to grow at the highest CAGR in the coming years.
Key Players:
Some of the prominent players in the global laser technology market Coherent, Inc. (U.S.), Corning Incorporated (U.S.), IPG Photonics Corp. (U.S.), Micron Laser Technology (U.S.), Trumpf Group (Germany), Laser Technology, Inc. (U.S.), Lumentum Holdings Inc. (U.S.), Haas Laser Technologies Inc. (U.S.), Jeanoptik AG (Germany), Novanta Inc. (U.S.), Quantel Group (U.K), LasaerStar Technologies Corp. (U.S.), ALT Advanced Lazer Technologies (U.K), Applied Laser Technology, Inc. (U.S.), Epilog Laser (U.S.), NeoPhotonics Corporation (U.S.), Han's Laser Technology Co., Ltd (China), MKS Instruments (U.S.), among others.
Segmentation of Laser technology Market:
The global laser technology market is segmented into type, application, verticals, and region. The type is segmented into solid laser, liquid laser, gas laser and others. The applications segment is sub-segmented into laser processing, laser gyroscopes, laser printers, laser scanners, laser rangefinders, laser headlights, laser security systems, optical communication and others. Furthermore, the laser processing is sub-segmented into macro processing, micro processing, advanced processing and others. The end-users segment is sub-segmented into IT & telecommunication, aerospace & defense, healthcare, automotive, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
Get Complete Report @ https://www.marketresearchfuture.com/reports/laser-technology-market-5109
Intended Audience
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
The global laser technology market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the laser technology market is due to growing adoption of wireless laser connections, which is propelling market growth of laser technologies market to a large extent. In June 19, 2017, IPG Photonics Corporations announced its agreement to acquire Innovative Laser Technologies. This acquisition is done to provide best-in-class standardized and turnkey systems solutions to medical device industries and other customers. The turnkey solution includes customized machine engineering, laser application design, integration services and others. The company is planning to provide laser-based systems solution high-precision welding, cutting, marking, drilling, cladding, and other processing of metals.
The North American region is experiencing a higher demand due to its new and innovative products which is widely used in the healthcare sectors. For instance, the lasers technologies are used for laser vision correction, dermatological treatment, ontogenetic, dynamic contrast-enhanced MRI, confocal microscopy, and others. The prominent companies such Applied Laser Technology, Inc. (U.S.), Epilog Laser (U.S.), NeoPhotonics Corporation (U.S.), MKS Instruments (U.S.), are providing laser technology solutions in the market. These major players are investing in producing of laser technology products and providing solution across the world.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5109
The global Laser Technology Market is expected to reach USD ~ 18 billion at a CAGR of over 6% by the end of the forecast period.
Regional Analysis
The regional analysis of laser technology market is studied for regions such as Asia Pacific (China, Japan, and India), North America (the U.S., Mexico, and Canada), Europe (the U.K, Germany) and Rest of the World. North America is one of the leading regions of the world in terms of market share. The Laser Technology Market in this region has a huge demand due to the increasing adoption of consumer electronics devices, which is propelling the market growth to a large extent. The laser technology market in Europe is expected to witness rapid growth in the forthcoming period. Whereas, Asia Pacific countries such as China, Japan, and India is an emerging laser technology market, which is expected to grow at the highest CAGR in the coming years.
Key Players:
Some of the prominent players in the global laser technology market Coherent, Inc. (U.S.), Corning Incorporated (U.S.), IPG Photonics Corp. (U.S.), Micron Laser Technology (U.S.), Trumpf Group (Germany), Laser Technology, Inc. (U.S.), Lumentum Holdings Inc. (U.S.), Haas Laser Technologies Inc. (U.S.), Jeanoptik AG (Germany), Novanta Inc. (U.S.), Quantel Group (U.K), LasaerStar Technologies Corp. (U.S.), ALT Advanced Lazer Technologies (U.K), Applied Laser Technology, Inc. (U.S.), Epilog Laser (U.S.), NeoPhotonics Corporation (U.S.), Han's Laser Technology Co., Ltd (China), MKS Instruments (U.S.), among others.
Segmentation of Laser technology Market:
The global laser technology market is segmented into type, application, verticals, and region. The type is segmented into solid laser, liquid laser, gas laser and others. The applications segment is sub-segmented into laser processing, laser gyroscopes, laser printers, laser scanners, laser rangefinders, laser headlights, laser security systems, optical communication and others. Furthermore, the laser processing is sub-segmented into macro processing, micro processing, advanced processing and others. The end-users segment is sub-segmented into IT & telecommunication, aerospace & defense, healthcare, automotive, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
Get Complete Report @ https://www.marketresearchfuture.com/reports/laser-technology-market-5109
Intended Audience
- Laser technology companies
- Laser technology providers
- Technical universities
- System integrators
- Managed Security Service Providers
- Professional service providers
- Research and development companies
- Market research and consulting firms
- Solution providers
- Technology standards organizations
- Technology investors
- System Integrators
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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