Dallas, Texas (PRWEB) July 21, 2014
The Global CO2 Laser market is witnessing increasing consolidation, which is expected to continue during the forecast period. Existing vendors and new entrants are taking the acquisitive route to either enter the market or broaden their portfolio of offerings. For instance, Coherent acquired Innolight and Lumera Laser in 2012. With this acquisition, Coherent is expected to strengthen its foothold in the market.
According to the report, the growth of the Global CO2 Laser market is driven by several factors. The increased usage in the Healthcare industry is one of the major drivers in this market. CO2 lasers are increasingly being used in dentistry, surgeries, and dermatology. The growing adoption in the automotive industry is another important driver in this market.
CO2 lasers contain an active laser medium, which is a gas discharge. CO2 lasers are preferred over other lasers such as excimer lasers primarily because they are more reliable, efficient, robust, and easier to operate than other lasers. They are mainly used for cutting and welding in industries such as Manufacturing, Automotive, Electronics, Healthcare, and Telecommunications because of their superior performance, compact size, high output power, and durability. CO2 lasers are the most prominent among all the gas lasers available in the market.
The report covers the present scenario and the growth prospects of the Global CO2 Laser market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of CO2 lasers worldwide.
The Global CO2 Laser Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, and the ROW; it also covers the Global CO2 Laser market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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The report recognizes the following companies as the key players in Global CO2 Laser Market: Coherent Inc., Rofin-Sinar Technologies Inc., Trumpf Inc., Fanuc Corp., GBOS Laser Technology Co. Ltd., JK Lasers, Lumenis Inc., Quanta System SpA, Synrad Inc.
Key Market Driver
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