Tunable Laser Market Size, Share, Industry, Forecast and outlook (2023-2030)

A tunable laser allows altering of wavelength in a controlled manner. It is used for device characterization (photonic integrated circuits), optical fiber communications with wavelength multiplexing and serves as a spare in the case of the fixed-wavelength lasers for the particular channels fails. Their tunable lasers exist in either gas, liquid or solid-state. Tunable lasers find applications in photochemistry, spectroscopy, atomic vapor laser isotope separation and optical communications.Tunable lasers are produced using various laser structures including distributed feedback, distributed Bragg reflector, sampled-grating DBR, vertical-cavity surface-emitting laser and external-cavity lasers.

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Market Dynamics

The global tunable laser market growth is driven by high demand from the nanotechnology sector, technological advancements in the market, expanding demand from the spectroscopy sector and enlarging optical networks. The tunable laser market is expected to drive with high demand from the nanotechnology sector. Tunable laser is served across various fields to fulfill nanotechnology applications including materials science, life science and electronics. It can be tuned over a few hundred nanometers with a wide range of spectral resolutions depending on the wavelength range. It is also used for basic absorption and photoluminescence study, solar cells characterisation in a light beam induced current, characterisation of gold nanoparticles and single-walled carbon nanotube thermopile. Researchers use the tiny high-power narrow-beam laser to operate in the terahertz frequencies with potential imaging and scanning applications. New products provide a wide spectral range from UV to NIR with a bandwidth down to 0.4nm with a selection of highly precise wavelengths.

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Segment Analysis

The solid-state tunable laser is expected to hold the largest market for tunable laser market and is expected to continue its dominance in the forecast period due to its vast application areas. A few solid-state lasers, such as titanium-sapphire lasers, Cr: ZnSe and Cr: ZnS lasers offer tuning over hundreds of nanometers in the near and mid-infrared spectral region. Nonplanar ring oscillators allow continuous tuning within the free spectral range of several gigahertz.

Competitive Landscape

The tunable laser market is moderately competitive with the local player's presence followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Santec Corporation, Yenista Optics SA, Coherent Inc., Yokogawa Electric Corporation, Daylight Solutions, Emcore Corporation, Continuum, Finisar Corp., Fujitsu Optical Components Limited, NEC Corporation, JDS Uniphase Corporation, NeoPhotonics Corporation, Santur Corporation and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, which are contributing to the growth of the tunable laser market globally.

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