Laser Technology Market

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MarketsandMarkets Presents
Laser Technology Market - Global Forecast and
Analysis (2012 2017)

http//www.marketsandmarkets.com/Market-Reports/la
ser-technology-market-795.html
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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 gtgt 88
data tables 27 figures
in-depth TOC on Laser Technology Market
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/laser-technology-market-795.html Early buyers
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report.
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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.
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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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