Laser refers to light amplification by stimulated emission of radiation, which produces a coherent, collimated, and monochromatic beam of light by exciting atoms to a higher energy level. Lasers are distinguished from other light sources by their coherence. Spatial coherence property of laser enables it to stay narrow over great distances and allows it to be focused on a tight spot. As a result of these properties, they are widely used in applications such as laser pointers, laser cutting, and lithography. Lasers are classified based on the type of lasing medium they use such as gas, optical fiber, solid state, and semiconductor.

PART 01: Executive summary

PART 02: Scope of the report

Base year

Market overview

Market size calculation

Geographical segmentation

Vendor segmentation

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

Working of laser

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product

Market overview

CO₂ laser

Fiber laser

SSL

Others

PART 07: Market segmentation by application

Market overview

Communication

Material processing

Healthcare

Data storage

Excimer lithography

Defense

Instrumentation and sensors

Others

PART 08: Geographical segmentation

APAC

Europe

Americas

ROW

PART 09: Market drivers

Investment in manufacturing plants worldwide

Rising optical fiber communication network connection

Growing investment in display technologies

Product marking for better traceability

PART 10: Impact of drivers

PART 11: Market challenges

Short supply of rare-earth elements

Downturn in manufacturing industries

Uncertain life span of fiber lasers

Fluctuations in foreign currency exchange rate

Fluctuations in interest rate

PART 12: Impact of drivers and challenges

PART 13: Market trends

Increasing rise in M&A

Miniaturization of electronic devices

Product differentiation done through technological

innovation

Emergence of FIR

PART 14: Vendor landscape

Competitive scenario

Key vendors

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio