Market Overview:
The global laser light sources 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 laser light sources in various applications such as spectroscopy, metrology, photochemistry & photobiology, and microscopy. In addition, the growing demand for UV and infrared laser light sources is also contributing to the growth of this market. North America dominates the global laser light sources market followed by Europe and Asia Pacific.
Product Definition:
Laser light sources emit coherent, monochromatic light. This type of light is used in a variety of applications, including optical communications, surgery and manufacturing.
Visible Laser Light Sources:
Visible laser light sources are the most common and traditional source of laser light. It’s a continuous wave of light that can be seen with the human eye. The visible part refers to the portion of electromagnetic spectrum that contains red (colors) and green (neutral colors). VLBS is used in various applications such as welding, cutting, marking & engraving, etc.
Infrared Laser Light Sources:
Infrared laser light sources are the most common and popularly used type of laser lights. They are usually used in infrared saunas and for aesthetic purposes. Infrared lasers produce a very small beam of infrared light which is then absorbed by the body to give a relaxing effect, similar to how heat is felt but without any discomfort or pain.
Application Insights:
The spectroscopic application segment led the global laser light sources market in 2017 and is projected to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for quantitative analysis of samples. In addition, rising adoption of spectroscopy for analyzing chemical compounds is further expected to propel industry growth during the study period.
The photochemistry & photobiology application segment accounted for a significant share in 2017 and is anticipated to grow at a lucrative rate over the next eight years owing to extensive usage of lasers in various applications such as fluorescence microscopy, absorption spectroscopy, and others. Moreover, with technological advancements coupled with high performance requirements from various industries such as pharmaceuticals and biotechnology; there will be an increased need for lab-on-chip devices which uses lasers as one their essential components thereby driving demand across all applications during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising research & development activities, increasing adoption of laser technology in various industrial applications, and growing demand for high-precision tools & equipment.
The presence of a large number of industry players coupled with their efforts towards product innovation is also anticipated to drive the regional market over the forecast period. Moreover, Asia Pacific has one of the largest solar power generation capacities which makes it an ideal location for setting up manufacturing facilities for lasers and light sources used in photovoltaics or spectroscopy applications among others. This factor will further boost regional growth during future years as well owing to increased demand from end-use industries such as science & medicine, metrology etc.
Growth Factors:
- Increasing demand for laser light sources in medical and industrial applications
- Rising demand for compact and energy-efficient laser light sources
- Growing popularity of fiber lasers over traditional gas lasers
- Proliferation of low-cost, high-quality laser diodes
- Advances in optical engineering that enable the development of more powerful and efficient lasers
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Light Sources Market Research Report
By Type
Visible Laser Light Sources, Infrared Laser Light Sources, UV Laser Light Sources
By Application
Spectroscopy, Metrology, Photochemistry & Photobiology, Photovoltaics, Microscopy
By Companies
SOLAR Laser Systems, DANTEC DYNAMICS, Superwave Laser Technology, Omicron-Laserage Laserprodukte, Greenlee, Viavi Solutions, ELDIM, EXFO, Lumibird, LonTrend, Lambert Instruments, PROMAX ELECTRONICA, Scitec Instruments, ams 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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Laser Light Sources Market Report Segments:
The global Laser Light Sources market is segmented on the basis of:
Types
Visible Laser Light Sources, Infrared Laser Light Sources, UV Laser Light Sources
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
Spectroscopy, Metrology, Photochemistry & Photobiology, Photovoltaics, Microscopy
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:
- SOLAR Laser Systems
- DANTEC DYNAMICS
- Superwave Laser Technology
- Omicron-Laserage Laserprodukte
- Greenlee
- Viavi Solutions
- ELDIM
- EXFO
- Lumibird
- LonTrend
- Lambert Instruments
- PROMAX ELECTRONICA
- Scitec Instruments
- ams AG
Highlights of The Laser Light Sources 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:
- Visible Laser Light Sources
- Infrared Laser Light Sources
- UV Laser Light Sources
- By Application:
- Spectroscopy
- Metrology
- Photochemistry & Photobiology
- Photovoltaics
- Microscopy
- 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 Laser Light Sources 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?
Laser light sources are devices that emit a concentrated beam of light. They can be used for a variety of purposes, including cutting and welding.
Some of the major players in the laser light sources market are SOLAR Laser Systems, DANTEC DYNAMICS, Superwave Laser Technology, Omicron-Laserage Laserprodukte, Greenlee, Viavi Solutions, ELDIM, EXFO, Lumibird, LonTrend, Lambert Instruments, PROMAX ELECTRONICA, Scitec Instruments, ams AG.
The laser light sources market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laser Light Sources 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 Laser Light Sources Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laser Light Sources 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 Laser Light Sources 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 Laser Light Sources Market Size & Forecast, 2020-2028
4.5.1 Laser Light Sources Market Size and Y-o-Y Growth
4.5.2 Laser Light Sources Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Visible Laser Light Sources
5.2.2 Infrared Laser Light Sources
5.2.3 UV Laser Light Sources
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Spectroscopy
6.2.2 Metrology
6.2.3 Photochemistry & Photobiology
6.2.4 Photovoltaics
6.2.5 Microscopy
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laser Light Sources 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 Laser Light Sources 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Visible Laser Light Sources
9.6.2 Infrared Laser Light Sources
9.6.3 UV Laser Light Sources
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 Market Size Forecast by Applications
9.10.1 Spectroscopy
9.10.2 Metrology
9.10.3 Photochemistry & Photobiology
9.10.4 Photovoltaics
9.10.5 Microscopy
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Visible Laser Light Sources
10.6.2 Infrared Laser Light Sources
10.6.3 UV Laser Light Sources
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 Market Size Forecast by Applications
10.10.1 Spectroscopy
10.10.2 Metrology
10.10.3 Photochemistry & Photobiology
10.10.4 Photovoltaics
10.10.5 Microscopy
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Visible Laser Light Sources
11.6.2 Infrared Laser Light Sources
11.6.3 UV Laser Light Sources
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 Market Size Forecast by Applications
11.10.1 Spectroscopy
11.10.2 Metrology
11.10.3 Photochemistry & Photobiology
11.10.4 Photovoltaics
11.10.5 Microscopy
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Visible Laser Light Sources
12.6.2 Infrared Laser Light Sources
12.6.3 UV Laser Light Sources
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 Market Size Forecast by Applications
12.10.1 Spectroscopy
12.10.2 Metrology
12.10.3 Photochemistry & Photobiology
12.10.4 Photovoltaics
12.10.5 Microscopy
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Visible Laser Light Sources
13.6.2 Infrared Laser Light Sources
13.6.3 UV Laser Light Sources
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) Market Size Forecast by Applications
13.10.1 Spectroscopy
13.10.2 Metrology
13.10.3 Photochemistry & Photobiology
13.10.4 Photovoltaics
13.10.5 Microscopy
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 Laser Light Sources Market: Competitive Dashboard
14.2 Global Laser Light Sources Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SOLAR Laser Systems
14.3.2 DANTEC DYNAMICS
14.3.3 Superwave Laser Technology
14.3.4 Omicron-Laserage Laserprodukte
14.3.5 Greenlee
14.3.6 Viavi Solutions
14.3.7 ELDIM
14.3.8 EXFO
14.3.9 Lumibird
14.3.10 LonTrend
14.3.11 Lambert Instruments
14.3.12 PROMAX ELECTRONICA
14.3.13 Scitec Instruments
14.3.14 ams AG
