Market Overview:
Ultrafast laser market is estimated to exhibit high growth potential during the forecast period owing to its increasing demand across various industry verticals. Rising demand among the end users for ultrafast laser solutions is driving the growth of the market. Additionally, innovations and advancements in technology, and increasing market for ultrafast laser solutions is adding fuel to the growth of the Ultrafast Laser Market.
Amplitude Systemes, Attodyne Inc., Clark-MXR, Inc., Coherent Inc., DPSS Lasers Inc., EKSPLA, Epilog Laser, IMRA America, IPG Photonics are some of the leading players in the market. Attodyne manufactures picosecond lasers for micromachining, material processing, and research. These lasers have helped the company in setting a new standard in turnkey operation and also help in providing ease of integration and reliability. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements. Increasing push for the use of ultrafast lasers in science and research and spectroscopy and imaging are some of the major factors driving the growth of ultrafast laser market. Due to the convenience being provided to the users with the adoption of ultrafast laser solutions, the growth of the global ultrafast laser market is anticipated.
The global ultrafast laser market is expected to grow at a CAGR of approximately 20% during the forecast period 2017-2023.
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Segments
The global ultrafast laser market is segmented by type, pulse duration and application. Based on the type, the market is segmented into titanium-sapphire lasers, diode-pumped lasers, fiber lasers, and mode-locked diode lasers. Based on the pulse duration, the market is segmented into femtosecond and picosecond. Whereas, based on the application, the market is segmented into biomedical, materials processing, spectroscopy & imaging, science & research, and others.
Regional Analysis
The global ultrafast laser market is studied in Asia Pacific, North America, Europe, and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of ultrafast laser applications across various industry verticals.
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.
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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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