Industrial, Manufacturing & Heavy Industry Market News

Industrial laser market forecast to 2021 examined in new market research report

Industrial Market Research

A laser produces a coherent, collimated, and monochromatic beam of light by exciting atoms to a higher energy level. Lasers are distinguished from other light sources particularly because of their coherence.

The laser stays narrow for long distances owing to its spatial coherence property and allows it to be focused on a tight spot. Owing to these attributes, lasers are largely used in applications such as laser pointers, laser cutting, and lithography.

Lasers are segmented depending on the type of lasing medium they use such as gas, optical fiber, solid state, and others (including excimer lasers and semiconductor lasers). However, this report focuses only on CO₂ lasers, fiber lasers, and solid-state lasers for industrial applications only.

Publisher's analysts forecast the global industrial laser market to grow at a CAGR of 10.24% during the period 2017-2021.

For more information about this report:…-market-2017-2021 .

Covered in this report 
The report covers the present scenario and the growth prospects of the global industrial laser market for 2017-2021. To calculate the market size, the report considers the sale of lasers for industrial applications (materials processing, and semiconductor applications) and excludes the sale of components involved in lasers.

The market is divided into the following segments based on geography: 

Publisher's report, Global Industrial Laser Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
-IPG Photonics
-ROFIN-SINAR Technologies

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Other prominent vendors 
-3S Photonics 
-Active Fiber Systems
-AdValue Photonics
-Apollo Instruments 
-Calmar Laser
-Clark MXR
-Eolite Lasers
-Furukawa Electric
-Gbos Laser 
-Han's Laser Technology
-IMRA America
-JDS Uniphase
-JK Lasers
-Laserglow Technologies
-Lumentum Operations
-Amada Miyachi
-Newport (subsidiary of MKS)
-NKT Photonics
-Nuphoton Technologies
-Photonics Industries 
-Photonic Solutions
-Prima Electro North America
-Quanta System
-Quantel Group
-TOPTICA Photonics
-Wuhan Raycus Fiber Laser Technologies

Market driver 
-Growing investment in manufacturing plants worldwide
-For a full, detailed list, view our report 

Market challenge 
-Inadequacy of rare-earth elements
-For a full, detailed list, view our report 

Market trend 
-Increase in the number of M&A 
-For a full, detailed list, view our report 

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