Market Scenario
Ultrafast lasers produce short pulses of light, which are less than one picosecond. The global ultrafast laser market is projected to expand at a CAGR of 20 % during the study period 2017 to 2023.
Market Dynamics
Attractive Advantages And Applications Expanse Is The Prime Determinant Of The Market
Ultrafast lasers have a pulse duration of less than the target material’s conduction time, which makes possible cold machining of parts, with material being removed by sublimation. Other processes cannot produce cold machining. The advantages include near-zero heat effect, minimal burring and debris, high dimensional accuracy, ability to provide high-quality small features, and others. Thus, the ultrafast laser can be used for processing materials where thermal influence must be minimized such as drilling metals and cutting wafers, polymeric stents, and display glass.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5591
Faster Adoption Of Ultrafast Lasers In An Array Of Fields Is The Prime Market Determinant
Ultrafast lasers are well suited for suited for biomedical and biological applications owing to their ability to deliver high peak power withy minimum thermal damage. Demand for highly sensitive and dimensionally correct machining is another driver of the market. Advancements in picosecond laser with high pulse energies and high average powers master oscillator power amplifier have resulted in the development of high tech systems. The configuration of a passively mode-locked fiber laser with disk laser results in monolithically integrated, cost-effective, and reliable source for low-power and low-pulse-energy picosecond pulses. Increasing deployment of ultrafast lasers in science and research and advancements in materials and laser is driving the Ultrafast Laser Market.
High Cost And Nascent Stage Of Technology Is Driving A Fast Market
Ultrafast lasers are costly and maintenance intensive systems. This coupled with the nascent stage of technology is hampering the market.
Industry News
July 06, 2017, NKT photonics to acquire Onefive
NKT Photonics had entered into an agreement to acquire Onefive, a leading ultrafast laser manufacturer headquartered in Zurich, Switzerland. This acquisition will lead to strength NKT Photonics’ Material Processing business by adding complementary know-how and products to the portfolio.
January 26, 2017, Trumpf acquires Amphos, manufacturer of ultrashort pulsed lasers
Amphos, one of the makers of ultrafast laser is acquired by Trumpf. The Amphos utilizes InnoSlab technology for ultrashort pulsed lasers. It is expected that Trumpf might open a new range of parameters for its ultrashort pulsed lasers. Ultrashort pulsed lasers are especially important in electronics manufacturing, where they are used to produce items such as printed circuit boards, displays, and cover glass.
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.
Intended Audience
- Technology Investors
- Research/Consultancy firms
- Government Bodies
- Ultrasoft Laser Manufacturers
- Ultrasoft Laser Providers
- Consulting service providers
- Technology Providers
- System integrators
Get Complete Report @ https://www.marketresearchfuture.com/reports/ultrafast-laser-market-5591
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Ultrafast Laser Market
Continued…
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/ultrafast-laser-market-5591