Market Overview:
CW lasers are gaining popularity in various applications owing to their features such as high power, low noise and beam quality. CW lasers are available in three power ranges- high, medium and low. The market for CW lasers is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The global CW laser market by type is segmented into high power CW lasers, medium power CW lasers and low power CW lasers. High power continuous wave (CW) laser systems are used for industrial materials processing applications that require very high powers up to several kilowatts or more output from a single system unit. These systems can be used for welding, cutting or surface treatment of metals and other materials. Medium Power Continuous Wave Lasers offer an excellent combination of output powers ranging from a few hundred watts up to about 5 kW with good beam quality, reliability and long operating life which makes them suitable for many industrial material processing applications where there is no need for the very highest powers available from High Power Continuous Wave Lasers Systems but where good performance over a wide range of operating conditions is required . Low Power Continuous Wave Laser Systems typically have an output below 1 kW but with excellent beam quality making them ideally suited for precision marking , engraving , medical surgery & diagnostics as well as scientific research & development .
Product Definition:
A CW laser emits a continuous stream of photons. This type of laser is often used in research and medical applications because it produces a very consistent output.
High Power CW Lasers:
High Power (HP) Continuous Wave (CW) lasers are the most efficient type of laser used in industrial, scientific and medical applications. They offer several advantages over other types of lasers such as low operating voltage, high average power output and beam quality along with a longer life span. The HP continuous wave laser market is expected to witness significant growth owing to its wide range of applications in cutting, welding & marking operations which include automotive parts identification codes or bar-coding etc.
Medium Power CW Lasers:
The medium power cw lasers are the ones that can be used for continuous wave laser operations. The term “CW” stands for Continuous Wave and is also known as a digital or on-off laser depending upon if it operates in analog or digital mode. These types of lasers produce a very narrow beam width ( typically less than 5 MHz) and have high optical intensities making them useful in cutting hard materials like glass, metals, etc.
Application Insights:
The application segment includes automotive, consumer electronics, aerospace, medical, and other applications. The automotive application segment is expected to witness the fastest growth over the forecast period owing to increasing demand for laser products in various vehicles such as headlamps and taillamps. Furthermore, continuous wave lasers are used in a variety of applications including welding equipment in construction and shipbuilding industries.
CW lasers are widely used across multiple industry verticals due to their ability to provide high power density while consuming low energy per unit of surface area or volume compared with other technologies such as gas-discharge or incandescent lamps. This characteristic makes them suitable for several niche applications where low energy consumption is an important factor driving product adoption across end-use markets including consumer electronics & appliances and semiconductor equipment manufacturing facilities globally continuously wave (CW).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for laser products from countries such as China, Japan, and South Korea. In addition, rising investments in R&D by regional players are anticipated to fuel market growth over the next eight years.
The Asia Pacific region accounted for a revenue share of more than 30% in 2017 owing to high product penetration in key applications including medical equipment and industrial machinery & electronics assembly lines. Increasing demand for consumer electronics including smartphones and tablets along with rapid technological advancements is also driving this regional market at a significant pace.
North America was estimated as one of the largest markets on account of presence of major key players such as Coherent Inc., Texas Instruments Inc., Agilent Technologies Inc.
Growth Factors:
- Increasing demand for CW lasers in microelectronics and photonics applications
- Growing popularity of CW lasers in medical and dental applications
- Rising demand for CW lasers from the defense sector
- Proliferation of fiber-optic communication systems
- Technological advancements in CW laser technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Continuous Wave (CW) Lasers Market Research Report
By Type
High Power CW Lasers, Medium Power CW Lasers, Low Power CW Lasers
By Application
Automotive, Consumer Electronics, Aerospace, Medical, Semiconductor Equipment, Others
By Companies
IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Continuous Wave (CW) Lasers Market Report Segments:
The global Continuous Wave (CW) Lasers market is segmented on the basis of:
Types
High Power CW Lasers, Medium Power CW Lasers, Low Power CW 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
Automotive, Consumer Electronics, Aerospace, Medical, Semiconductor Equipment, Others
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:
- IPG Photonics
- Coherent Inc.
- Lumentum
- Raycus
- JPT OPTO-Electronics
- Feibo Laser
- Maxphotonics
- Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
- Shenzhen Hanwei Laser
- GW Laser Tech
Highlights of The Continuous Wave (CW) 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:
- High Power CW Lasers
- Medium Power CW Lasers
- Low Power CW Lasers
- By Application:
- Automotive
- Consumer Electronics
- Aerospace
- Medical
- Semiconductor Equipment
- Others
- 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 Continuous Wave (CW) 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?
CW lasers are those that emit a continuous beam of light. They are typically used for industrial and medical applications, where precise targeting is required.
Some of the major players in the continuous wave (cw) lasers market are IPG Photonics, Coherent Inc., Lumentum, Raycus, JPT OPTO-Electronics, Feibo Laser, Maxphotonics, Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux), Shenzhen Hanwei Laser, GW Laser Tech.
The continuous wave (cw) lasers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Continuous Wave (CW) Lasers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Continuous Wave (CW) Lasers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Continuous Wave (CW) Lasers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Continuous Wave (CW) Lasers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Continuous Wave (CW) Lasers Market Size & Forecast, 2018-2028 4.5.1 Continuous Wave (CW) Lasers Market Size and Y-o-Y Growth 4.5.2 Continuous Wave (CW) Lasers Market Absolute $ Opportunity
Chapter 5 Global Continuous Wave (CW) Lasers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Continuous Wave (CW) Lasers Market Size Forecast by Type
5.2.1 High Power CW Lasers
5.2.2 Medium Power CW Lasers
5.2.3 Low Power CW Lasers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Continuous Wave (CW) Lasers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Continuous Wave (CW) Lasers Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Aerospace
6.2.4 Medical
6.2.5 Semiconductor Equipment
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Continuous Wave (CW) Lasers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Continuous Wave (CW) Lasers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Continuous Wave (CW) Lasers Analysis and Forecast
9.1 Introduction
9.2 North America Continuous Wave (CW) Lasers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Continuous Wave (CW) Lasers Market Size Forecast by Type
9.6.1 High Power CW Lasers
9.6.2 Medium Power CW Lasers
9.6.3 Low Power CW Lasers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Continuous Wave (CW) Lasers Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Aerospace
9.10.4 Medical
9.10.5 Semiconductor Equipment
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Continuous Wave (CW) Lasers Analysis and Forecast
10.1 Introduction
10.2 Europe Continuous Wave (CW) Lasers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Continuous Wave (CW) Lasers Market Size Forecast by Type
10.6.1 High Power CW Lasers
10.6.2 Medium Power CW Lasers
10.6.3 Low Power CW Lasers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Continuous Wave (CW) Lasers Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Aerospace
10.10.4 Medical
10.10.5 Semiconductor Equipment
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Continuous Wave (CW) Lasers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Continuous Wave (CW) Lasers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Continuous Wave (CW) Lasers Market Size Forecast by Type
11.6.1 High Power CW Lasers
11.6.2 Medium Power CW Lasers
11.6.3 Low Power CW Lasers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Continuous Wave (CW) Lasers Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Aerospace
11.10.4 Medical
11.10.5 Semiconductor Equipment
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Continuous Wave (CW) Lasers Analysis and Forecast
12.1 Introduction
12.2 Latin America Continuous Wave (CW) Lasers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Continuous Wave (CW) Lasers Market Size Forecast by Type
12.6.1 High Power CW Lasers
12.6.2 Medium Power CW Lasers
12.6.3 Low Power CW Lasers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Continuous Wave (CW) Lasers Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Aerospace
12.10.4 Medical
12.10.5 Semiconductor Equipment
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Continuous Wave (CW) Lasers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Continuous Wave (CW) Lasers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Continuous Wave (CW) Lasers Market Size Forecast by Type
13.6.1 High Power CW Lasers
13.6.2 Medium Power CW Lasers
13.6.3 Low Power CW Lasers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Continuous Wave (CW) Lasers Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Aerospace
13.10.4 Medical
13.10.5 Semiconductor Equipment
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Continuous Wave (CW) Lasers Market: Competitive Dashboard
14.2 Global Continuous Wave (CW) Lasers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IPG Photonics
14.3.2 Coherent Inc.
14.3.3 Lumentum
14.3.4 Raycus
14.3.5 JPT OPTO-Electronics
14.3.6 Feibo Laser
14.3.7 Maxphotonics
14.3.8 Wuxi Yuanqing Ruiguang Laser Ltd (Spearlux)
14.3.9 Shenzhen Hanwei Laser
14.3.10 GW Laser Tech