Press release
Ultrafast Laser Market 2018 Global Leaders Overview: IMRA America, Laser Quantum, Amplitude Systemes, Attodyne, Coherent, EKSPLA, Epilog Laser, Resonetics, Sheaumann Laser
Market Research Future published a research report on “Ultrafast Laser Market Research Report- Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Market Scenario
The ultrafast laser market is not just growing, it is accelerating. Ultrafast lasers possess unique ability to deliver high peak power without thermal damage which makes them better suited for biomedical and biological applications. The rise in demand for ultrafast laser across biomedical applications is one major factor driving the growth of ultrafast laser market. Also, increasing need for cost-efficient solutions for micromachining is another major factor responsible for driving the growth of ultrafast laser market.
Amplitude Systemes, Attodyne Inc., Clark-MXR, Inc., Coherent Inc., DPSS Lasers Inc., EKSPLA, Epilog Laser, IMRA America, IPG Photonics are a few major players in the global Ultrafast Laser Market. Increasing deployment of ultrafast lasers in science and research will open the market for new players. Also, advancements in materials and laser configurations are set to drive the growth of the ultrafast laser market.
The type segment comprises of titanium-sapphire lasers, diode-pumped lasers, fiber lasers, and mode-locked diode lasers. The fiber lasers and diode-pumped lasers segments are expected to hold the largest market share of the ultrafast laser market during the forecast period. This is owing to the increasing demand for ultrafast lasers across various applications. Also, the growing trend of adopting ultrafast lasers and the declining prices are also responsible for driving the growth of the market.
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The North America region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. The U.S. and Canada are dominating the North America market due to rising technological enhancements and growing adoption of ultrafast lasers in the region. Moreover, the region has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing adoption of ultrafast lasers across different applications such as biological, biomedical, and science & research is another major factor driving the growth of the ultrafast laser market in the region.
The global ultrafast laser market is expected to grow at a CAGR of approximately 20% during the forecast period 2017-2023.
Key Players:
Some of the prominent players in the global ultrafast laser market are Amplitude Systemes (France), Attodyne Inc. (Canada), Clark-MXR, Inc. (U.S.), Coherent Inc. (U.S.) , DPSS Lasers Inc. (U.S.), EKSPLA (Lithuania), Epilog Laser (U.S.), IMRA America (U.S.), IPG Photonics (U.S.), JENOPTIK Laser GmbH (Germany), Laser Quantum (U.K), Lumentum Operations LLC (U.S.), Newport Corporation (U.S.), NKT Photonics (U.S.), Resonetics (U.S.), Rofin-Sinar Laser GmbH (Germany), Sheaumann Laser Inc. (U.S.), and Spectra-Physics (U.S.) among others.
Ultrafast laser Market - Segmentation
• Based on type, the market is segmented into titanium-sapphire lasers, diode-pumped lasers, fiber lasers, mode-locked diode lasers.
• Based on pulse duration, the market is segmented into femtosecond and picosecond
• Based on application, the market is segmented into biomedical, materials processing, spectroscopy & imaging, science & research and others.
• Based on region, the market is segmented into North America, Europe, Asia-Pacific (APAC), and rest of the world
Ultrafast laser Market - Regional Analysis
Regionally, the ultrafast laser market is segmented into North America, Europe, Asia-Pacific, and rest of the world. North America is dominating the ultrafast laser market and Asia-Pacific is expected to grow at a fast rate during forecast period.
North America is the dominating region in ultrafast laser market during the forecast period 2018-2023. The major growth factor for North America to dominate is the increasing adoption for ultrafast laser in countries such as US and Canada. Most of the world’s major laser companies have their headquarters in North America. Additionally, North America has a strong position in the global lasers industry, which is based on its historic leading position in the industry, and its continuing strong industrial. Similarly, in North America there are various R&D centres are present in the region. Moreover, the region has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing adoption of ultrafast lasers across different applications such as biological, biomedical, and science & research is another major factor driving the growth of the ultrafast laser market in the region. Asia-Pacific is the fastest growing region during the forecast period 2018-2023 due to presence of manufacturing units in the region and high investments through the global key players in the region is enabling the market to grow in the region. However, Europe is a leading region for the market here are various new technologies under development to extend the potential applications of ultrafast lasers and is expected to grow with a steady space.
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Intended Audience
• Technology Investors
• Research/Consultancy firms
• Government Bodies
• Ultrasoft Laser Manufacturers
• Ultrasoft Laser Providers
• Consulting service providers
• Technology Providers
• System integrators
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