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.
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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.
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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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