Global High Power Lasers Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Albany, New York (PRWEB) August 08, 2014
High power laser diodes are made by altering the electrical properties of intrinsic semiconductors through introduction of impurities on the surface of crystal wafer. The commercially available general purpose lasers have power output in milliwatts, whereas high power lasers have a power output in watts. High power lasers include diode and non-diode lasers. Diode lasers further include direct diodes, i.e. telecom, consumer, and pump lasers. All lasers excluding direct diodes, i.e. CO2, lamp and diode pumped SSL (solid state lighting), and fiber laser, among others are included under non-diode lasers. The key end-use industries of high power lasers include military and aerospace, automotive, entertainment and display, image recording, research and development (R&D), printing, medical, materials processing and instrumentation, telecom, optical storage and barcode scanning, among others.
Growing demand from industrial sector is driving the growth of high power lasers. Laser processing systems are used in a wide range of industrial applications. The industrial applications can be segmented into macro processing and micro processing. Macro processing applications include cutting, welding and marking applications. The micro processing applications include the production of semiconductor, printed circuit boards, flat panel displays and solar cells, among others. High power laser market faces pricing pressure and a varied international outlook. These factors pose a significant challenge to the growth of high power lasers market. There is emerging opportunity in 3D lasers technology. Further, in the recent years changing design and manufacturing processes of laser diodes are leading to fundamental shifts in the cost and reliability of high power laser systems.
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There has been significant growth in demand for lasers with drastically reduced laser size, high wall plug efficiency, low power consumption, and low cost. With the improvements in semiconductor laser materials, and mounting technologies it is anticipated that diode lasers market would continue to expand in the material processing applications such as cutting and welding. The fiber lasers and disk lasers would continue to play role in energy storage for the pulsed systems. Further, the emerging new optical combination schemes are expected to provide an impetus to the growth of high power lasers market.
Asia Pacific has been experiencing significant growth in demand for high power lasers led by countries such as China, South Korea and Taiwan. This is owing to the rapidly expanding manufacturing industry in the region. Laser micro processing activities are finding high demand owing to large semiconductor manufacturing industry. Europe and North America are experiencing growing demand for high power lasers in aerospace and defense, automotive and medical application. Telecom sector is experiencing growth and the demand for high power lasers for telecom and amplifier application is strong across the globe.
Some of the key players in High Power Lasers market include IPG Photonics, Lumics GmbH, TRUMPF Group, SemiNex Corp., Dilas Diodenlaser GmbH, Han's Laser Technology Co., Ltd, Shenzhen Sunshine Laser & Electronics Technology Co. Ltd., Rofin-Sinar Technologies, Inc., Alma Lasers, Applied Optronics, Coherent, Inc., Corning, Inc., DirectPhotonics Industries GmbH, TeraDiode, Inc., Electro Scientific Industries, Inc., Frankfurt Lasers, JDS Uniphase Corp., Northrop Grumman Corp., and Power Technology, Inc., among others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:
- North America
- Asia Pacific
- Rest of the World
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This report provides comprehensive analysis of:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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