Market Overview:
The global mid infrared lasers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mid infrared lasers in medical care, environmental protection, military, remote sensing and spectroscopy applications. Additionally, the growing adoption of mid infrared lasers in various industrial applications is also contributing to the growth of this market. However, factors such as high initial cost and limited availability of raw materials are restraining the growth of this market.
Product Definition:
Mid infrared lasers are used in a number of medical and industrial applications. In the medical field, mid infrared lasers are used for surgery and to treat conditions such as cancer. In the industrial field, mid infrared lasers are used for welding, cutting and marking materials.
CO2 Lasers:
CO2 lasers are gas-filled laser tubes that operate at a wavelength of infrared. They are used in various applications such as cutting, welding, marking and engraving. CO2 lasers have the advantage over other types of IR lasers in that they can be easily operated without any external cooling system and produce intense heat beams with high beam quality.
Non-linear Lasers:
Non-linear lasers are a class of laser that produces and propagates a beam by using the stimulated emission of single or multiple photons. The non-linearity refers to the property that the output power is not proportional to the input power, instead it has an amplification factor.
Application Insights:
The military application segment dominated the global mid infrared lasers market in terms of revenue share in 2017. The growth of this segment can be attributed to increasing defense expenditure by countries such as China, India, and Japan. Furthermore, growing concerns over terrorism have led to an increase in defense expenditure by developed nations such as the U.S., which is also likely to fuel demand for IR laser products over the forecast period.
The environmental protection application segment is expected to witness significant growth during the forecast period owing to rising awareness among consumers regarding product benefits for cleaning and disinfection applications across various end-use industries including food processing and healthcare.
Regional Analysis:
North America dominated the global mid infrared lasers market in 2017 owing to the presence of major players and increased funding for R&D. The region is expected to grow at a significant rate over the forecast period due to technological advancements, growing medical applications, and increasing defense spending by various countries.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising demand from end-use industries such as aerospace & defense, automotive & transportation, energy & power industry coupled with government initiatives for promoting advanced technologies in these sectors. Moreover Infrared (IR) remote sensing technology has been observed using mid-infrared radiation which provides better results than conventional visible light imaging systems used for remote sensing applications. This trend is expected drive regional growth over next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for mid infrared lasers in defense and security applications
- Growing demand for mid infrared lasers in medical applications
- Rising use of mid infrared lasers in industrial and commercial applications
- Technological advancements in mid infrared laser technology
- Growing awareness about the benefits of mid infrared lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Mid Infrared Lasers Market Research Report
By Type
CO2 Lasers, Non-linear Lasers, Solid-state Lasers, Semiconductor Lasers, Free-election Lasers
By Application
Medical Care, Environmental Protection, Military, Remote Sensing, Spectroscopy
By Companies
IMRA America Inc., Quantronix Corporation, Ekspla, Rofin-Baasel UK Ltd., Fianium Ltd., Spectra-Physics, Menlo Systems GmbH, Time-Bandwidth Products AG, RP Photonics Consulting GmbH, Toptica Photonics AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Mid Infrared Lasers Market Report Segments:
The global Mid Infrared Lasers market is segmented on the basis of:
Types
CO2 Lasers, Non-linear Lasers, Solid-state Lasers, Semiconductor Lasers, Free-election Lasers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Care, Environmental Protection, Military, Remote Sensing, Spectroscopy
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IMRA America Inc.
- Quantronix Corporation
- Ekspla
- Rofin-Baasel UK Ltd.
- Fianium Ltd.
- Spectra-Physics
- Menlo Systems GmbH
- Time-Bandwidth Products AG
- RP Photonics Consulting GmbH
- Toptica Photonics AG
Highlights of The Mid Infrared Lasers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CO2 Lasers
- Non-linear Lasers
- Solid-state Lasers
- Semiconductor Lasers
- Free-election Lasers
- By Application:
- Medical Care
- Environmental Protection
- Military
- Remote Sensing
- Spectroscopy
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mid Infrared Lasers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mid infrared lasers are a type of laser that emit radiation in the mid-infrared range. This wavelength is between infrared and ultraviolet light, and is often used for medical procedures because it doesn't damage tissue as much as other wavelengths.
Some of the major players in the mid infrared lasers market are IMRA America Inc., Quantronix Corporation, Ekspla, Rofin-Baasel UK Ltd., Fianium Ltd., Spectra-Physics, Menlo Systems GmbH, Time-Bandwidth Products AG, RP Photonics Consulting GmbH, Toptica Photonics AG.
The mid infrared lasers market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mid Infrared Lasers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mid Infrared Lasers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mid Infrared Lasers Market - Supply Chain
4.5. Global Mid Infrared Lasers Market Forecast
4.5.1. Mid Infrared Lasers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mid Infrared Lasers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mid Infrared Lasers Market Absolute $ Opportunity
5. Global Mid Infrared Lasers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mid Infrared Lasers Market Size and Volume Forecast by Type
5.3.1. CO2 Lasers
5.3.2. Non-linear Lasers
5.3.3. Solid-state Lasers
5.3.4. Semiconductor Lasers
5.3.5. Free-election Lasers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mid Infrared Lasers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mid Infrared Lasers Market Size and Volume Forecast by Application
6.3.1. Medical Care
6.3.2. Environmental Protection
6.3.3. Military
6.3.4. Remote Sensing
6.3.5. Spectroscopy
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mid Infrared Lasers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mid Infrared Lasers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mid Infrared Lasers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mid Infrared Lasers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mid Infrared Lasers Demand Share Forecast, 2019-2026
9. North America Mid Infrared Lasers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mid Infrared Lasers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mid Infrared Lasers Market Size and Volume Forecast by Application
9.4.1. Medical Care
9.4.2. Environmental Protection
9.4.3. Military
9.4.4. Remote Sensing
9.4.5. Spectroscopy
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mid Infrared Lasers Market Size and Volume Forecast by Type
9.7.1. CO2 Lasers
9.7.2. Non-linear Lasers
9.7.3. Solid-state Lasers
9.7.4. Semiconductor Lasers
9.7.5. Free-election Lasers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mid Infrared Lasers Demand Share Forecast, 2019-2026
10. Latin America Mid Infrared Lasers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mid Infrared Lasers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mid Infrared Lasers Market Size and Volume Forecast by Application
10.4.1. Medical Care
10.4.2. Environmental Protection
10.4.3. Military
10.4.4. Remote Sensing
10.4.5. Spectroscopy
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mid Infrared Lasers Market Size and Volume Forecast by Type
10.7.1. CO2 Lasers
10.7.2. Non-linear Lasers
10.7.3. Solid-state Lasers
10.7.4. Semiconductor Lasers
10.7.5. Free-election Lasers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mid Infrared Lasers Demand Share Forecast, 2019-2026
11. Europe Mid Infrared Lasers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mid Infrared Lasers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mid Infrared Lasers Market Size and Volume Forecast by Application
11.4.1. Medical Care
11.4.2. Environmental Protection
11.4.3. Military
11.4.4. Remote Sensing
11.4.5. Spectroscopy
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mid Infrared Lasers Market Size and Volume Forecast by Type
11.7.1. CO2 Lasers
11.7.2. Non-linear Lasers
11.7.3. Solid-state Lasers
11.7.4. Semiconductor Lasers
11.7.5. Free-election Lasers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mid Infrared Lasers Demand Share, 2019-2026
12. Asia Pacific Mid Infrared Lasers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mid Infrared Lasers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mid Infrared Lasers Market Size and Volume Forecast by Application
12.4.1. Medical Care
12.4.2. Environmental Protection
12.4.3. Military
12.4.4. Remote Sensing
12.4.5. Spectroscopy
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mid Infrared Lasers Market Size and Volume Forecast by Type
12.7.1. CO2 Lasers
12.7.2. Non-linear Lasers
12.7.3. Solid-state Lasers
12.7.4. Semiconductor Lasers
12.7.5. Free-election Lasers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mid Infrared Lasers Demand Share, 2019-2026
13. Middle East & Africa Mid Infrared Lasers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mid Infrared Lasers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mid Infrared Lasers Market Size and Volume Forecast by Application
13.4.1. Medical Care
13.4.2. Environmental Protection
13.4.3. Military
13.4.4. Remote Sensing
13.4.5. Spectroscopy
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mid Infrared Lasers Market Size and Volume Forecast by Type
13.7.1. CO2 Lasers
13.7.2. Non-linear Lasers
13.7.3. Solid-state Lasers
13.7.4. Semiconductor Lasers
13.7.5. Free-election Lasers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mid Infrared Lasers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mid Infrared Lasers Market: Market Share Analysis
14.2. Mid Infrared Lasers Distributors and Customers
14.3. Mid Infrared Lasers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IMRA America Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Quantronix Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ekspla
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rofin-Baasel UK Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fianium Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Spectra-Physics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Menlo Systems GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Time-Bandwidth Products AG
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RP Photonics Consulting GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toptica Photonics AG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook