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Mid-Infrared Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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Original Price: $ 5795

 

Mid-infrared lasers emit laser like beams and have wavelength ranging from 3 μm to 8 μm. These lasers may either contain some shorter-wavelength laser or a mid-infrared (mid-IR) combined with means required for nonlinear frequency conversion. Mid-infrared lasers are in great demand for variety of applications including polymer and plastic processing, pumping optical parametric oscillators (OPOs), free space communications, remote sensing, laser scalpel, non-invasive medical diagnosis, and spectroscopy. Various defense related applications on mid-infrared lasers are emerging such as covert communications systems, eyesafe seekers for smart munitions, stand-off detection of explosion hazards, and countermeasures. Mid-infrared laser market is relatively small as compared to the total laser market, but it is showing fastest growth in demand among all types of lasers. 

 

Technological innovations in mid-infrared lasers segment is the major driving factor for mid-infrared lasers market. Mid-infrared laser segment has many new emerging applications. However, many mid-infrared lasers, sensors and imagers require cryogenic cooling for operation. This increases their weight, cost and size. Thus, factors such as high initial and maintenance costs are hindering the adoption of the mid-infrared lasers. Furthermore, production of fiber cable which is able to transport light at wavelength more than 2 µm is expensive. Thus, fiber availability for mid-infrared lasers is quite rare and it is one of the major challenges for the vendors in this market. A lot of research and development is being carried out in order to improve the quality of mid-infrared lasers greatly. Along with it, development of mid-infrared devices which are able to operate at room temperature and do not require a dedicated cooling unit holds immense market opportunity for the players operating in this market 

 

Global mid-infrared lasers market is segmented on the basis of type, applications, end-use industry and geography. On the basis of type of lasers the market for mid-infrared lasers is segmented into non-linear sources lasers, free-election lasers, mid-infrared solid-state lasers, parametric amplification, semiconductor lasers, fabry-perot laser, quantum cascade lasers (QCL), lead-salt diode lasers, thin-disk lasers and optically pumped semiconductor lasers (OPSLs), and GaSB-based diode lasers. On the basis of application mid-infrared lasers market is segmented into materials processing applications, medical applications, spectroscopy and sensing applications, research and development, infrared countermeasures systems, and production of illuminators. Healthcare, military sector and aviation sector are some of the industries where mid-infrared lasers are mostly used. North America is the largest geographical market for mid-infrared lasers in terms of revenue, followed by Europe. 

 

The market for mid-infrared lasers is highly competitive and fragmented in nature. There are numerous local players in this market. Players operating in mid-infrared market space are trying to gain the competitive advantage over other players with technological advancements. IMRA America, Inc., Amplitude Systems, Spectra-Physics, EKSPLA, FEMTOLASERS Productions GmbH, Time-Bandwidth Products AG, TOPTICA Photonics AG, Menlo Systems GmbH, Rofin-Baasel UK Ltd., RP Photonics Consulting GmbH, Fianium Ltd., Laser Quantum UK, VENTEON Laser Technologies GmbH, Avesta Project Ltd., and Quantronix Corporation are some of the major vendors in global mid-infrared lasers market. 

 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments


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