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Laser Technology Market research report provides an exhaustive analysis of the markets for all the types of lasers, such as fiber lasers, CO2 lasers, solid-state lasers, diode lasers, dye lasers and excimer lasers.
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MarketsandMarkets Presents Laser Technology Market - Global Forecast and Analysis (2012 – 2017) http://www.marketsandmarkets.com/Market-Reports/laser-technology-market-795.html
The report “ Laser Technology Market by Types (Fiber Laser, CO2 Laser, Solid-state Laser, Excimer Laser, Dye Laser, Diode Laser) & Applications - Global Forecast and Analysis (2012 – 2017) ” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and Rest of the World (RoW). Browse >> 88 data tables 27 figures in-depth TOC on “ Laser Technology Market ” http://www.marketsandmarkets.com/Market-Reports/laser-technology-market-795.html Early buyers will receive 10% customization on this report.
Laser technology is considered to be the core enabling technology for many applications. There are different kinds of laser used in various applications. Lasers are offered in various formats with different properties dependent on a broad range of technologies, thereby making them heterogeneous. Also, the applications equally vary from systems for manufacturing (e.g. welding and marking), lasers for surgery, lasers in defense (e.g. ranging and weaponry) and lasers used in scientific research and development. There are different kinds of lasers used in various applications like CO2 laser, solid-state laser, fiber laser, excimer laser, diode laser and dye Laser. CO2 laser, solid-state laser, and fiber laser are the most prominent lasers available in the market. CO2 laser plays the major part in the overall market of laser technology. It is majorly used for industrial application like cutting and welding. Originating from the industrial lasers, CO2 lasers were the first dental lasers to penetrate the market in the 1980's. The major advantage of CO2 laser is that it offers the lowest cost per watt along with good beam quality.
Fiber laser is forecasted to grow at a higher CAGR compared to any other lasers as fiber laser is extremely stable and the beam quality of fiber laser is quite high. Fiber lasers continue to get more powerful, and have been made with over 1,000 Watts of power (1 KW). That is sufficient enough to cut through an inch of steel. Communication and industrial applications like material processing contribute maximum to the laser industry. Among these, cutting & welding form a base for the major chunk of the laser applications. Increased telephone usage, electronic transmission, relaying of television signals, and the requirement for communication in space will be the key drivers for the further growth of lasers in the communication sector, which is the major contributor for the laser industry. The most prospective market for laser in new applications is medical and consumer electronics. Lasers are being used in skin treatment such as removing wrinkles, sunspots, tattoos or birthmarks and so on.
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