Market Overview:
The global Q-switched 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 Q-switched lasers in various applications such as code printers, spurt the code machines, optical processing machinery, packaging equipment, chloasma dispeling and others. In addition, factors such as technological advancements and growing demand for miniaturized devices are also contributing to the growth of this market. However, high initial cost and lack of skilled professionals are some of the major factors restraining the growth of this market.
Product Definition:
A Q-switched laser is a laser that emits a short, high-intensity pulse of light. These lasers are used for tattoo removal, cosmetic procedures, and other medical treatments.
Air Cooling Q-Switched:
Air cooling Q-switched lasers are a type of laser that uses the cooling effect of air to cool down its optical components. It is also known as an A-cooled or P-Cooled laser due to its passive cooling mechanism. These lasers have low coherence and high spatial resolution, making them ideal for applications such as material processing, drilling, engraving and marking etc.
Water Cooling Q-Switched:
Water cooling is a method of removing heat from the laser medium by using a stream of water. It helps in maintaining the temperature difference between the laser source and its optical fiber, which ensures stable performance. The technology has been around for more than two decades and was initially used in dye lasers.
The technology has evolved over time with improvements being made to increase efficiency, stability, and flexibility; all while reducing costs significantly as compared to air-cooling solutions.
Application Insights:
The packaging equipment segment is projected to grow at a CAGR of XX% over the forecast period owing to the high-quality and efficiency of laser light in QS lasers. The other application includes code printer, spurting machine, optical processing machinery, and chloasma dispeling equipment.
Code printers are used for printing barcodes that are used for tracking inventory and shipments as well as for pricing products in retail stores. The growing adoption of QR codes across various industries including food & beverage industry is expected to drive the demand over 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 increasing adoption of QSLs in various applications such as medical, industrial, military & defense, and others. Asia Pacific is also projected to be one of the fastest-growing regions during the forecast period owing to rising demand from end-use industries for high precision equipment.
The Latin American regional market emerged as a prominent consumer due to growing technological advancements coupled with increased spending on code printers by government organizations for printing codes on various substrates such as paper, plastic cards & film/magazine wraps among others. Moreover, increasing penetration rates of optical processing machinery are further anticipated to drive product demand across this region over the next eight years.
Europe accounted for more than 25% share in terms of revenue in 2017 owing mainlyto Germany which held more than 40% sharein that year's European QSL show (QS2017).
Growth Factors:
- Increasing demand for minimally invasive cosmetic procedures: The global market for minimally invasive cosmetic procedures is expected to grow at a CAGR of more than 9% from 2016 to 2021. This is primarily attributed to the increasing awareness about the benefits of such procedures and their growing popularity among people across all age groups. Q-switched lasers are increasingly being used in these procedures as they offer several advantages over other laser technologies, such as shorter treatment times and less downtime.
- Growing demand for laser hair removal: The global market for laser hair removal is expected to grow at a CAGR of more than 10% from 2016 to 2021. This can be attributed to the increasing prevalence of hair problems, such as excessive hair growth (hirsutism) and male pattern baldness, and the growing acceptance of laser hair removal among consumers worldwide. Q-switched lasers are considered one of the most effective technologies available for removing unwanted hair permanently with minimal side effects.
- Rising incidence of skin disorders: The incidence of various skin disorders is on the rise globally due to changing lifestyles, pollution, and exposure to UV radiation from sun tanning beds and outdoor activities during peak hours .This has led to an increase in demand for treatments that can help improve or restore skin health .Q-switched lasers are increasingly being used in dermatological applications owing their ability selectively target different typesof pigmentation without damaging surrounding tissue .This makes them an ideal choicefor treating conditions
Scope Of The Report
Report Attributes
Report Details
Report Title
Q-Switched Lasers Market Research Report
By Type
Air Cooling Q-Switched, Water Cooling Q-Switched
By Application
Code Printer, Spurt The Code Machine, Optical Processing Machinery, Packaging Equipment, Chloasma Dispeling, Other
By Companies
COBOLT, COHERENT, EKSMA Optics, Ekspla, Elforlight, InnoLas, LUMENTUM, Maxphotonics, Ocean Optics
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Q-Switched Lasers Market Report Segments:
The global Q-Switched Lasers market is segmented on the basis of:
Types
Air Cooling Q-Switched, Water Cooling Q-Switched
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
Code Printer, Spurt The Code Machine, Optical Processing Machinery, Packaging Equipment, Chloasma Dispeling, Other
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:
- COBOLT
- COHERENT
- EKSMA Optics
- Ekspla
- Elforlight
- InnoLas
- LUMENTUM
- Maxphotonics
- Ocean Optics
Highlights of The Q-Switched 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:
- Air Cooling Q-Switched
- Water Cooling Q-Switched
- By Application:
- Code Printer
- Spurt The Code Machine
- Optical Processing Machinery
- Packaging Equipment
- Chloasma Dispeling
- Other
- 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 Q-Switched 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Q-switched lasers are a type of laser that switches between two different colors or wavelengths of light with each pulse. This allows the laser to produce multiple beams that can be combined to create an image.
Some of the major players in the q-switched lasers market are COBOLT, COHERENT, EKSMA Optics, Ekspla, Elforlight, InnoLas, LUMENTUM, Maxphotonics, Ocean Optics.
The q-switched lasers 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 Q-Switched 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 Q-Switched Lasers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Q-Switched 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 Q-Switched 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 Q-Switched Lasers Market Size & Forecast, 2020-2028
4.5.1 Q-Switched Lasers Market Size and Y-o-Y Growth
4.5.2 Q-Switched Lasers 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 Air Cooling Q-Switched
5.2.2 Water Cooling Q-Switched
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 Code Printer
6.2.2 Spurt The Code Machine
6.2.3 Optical Processing Machinery
6.2.4 Packaging Equipment
6.2.5 Chloasma Dispeling
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Q-Switched 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 Q-Switched 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 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 Air Cooling Q-Switched
9.6.2 Water Cooling Q-Switched
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 Code Printer
9.10.2 Spurt The Code Machine
9.10.3 Optical Processing Machinery
9.10.4 Packaging Equipment
9.10.5 Chloasma Dispeling
9.10.6 Other
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 Air Cooling Q-Switched
10.6.2 Water Cooling Q-Switched
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 Code Printer
10.10.2 Spurt The Code Machine
10.10.3 Optical Processing Machinery
10.10.4 Packaging Equipment
10.10.5 Chloasma Dispeling
10.10.6 Other
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 Air Cooling Q-Switched
11.6.2 Water Cooling Q-Switched
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 Code Printer
11.10.2 Spurt The Code Machine
11.10.3 Optical Processing Machinery
11.10.4 Packaging Equipment
11.10.5 Chloasma Dispeling
11.10.6 Other
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 Air Cooling Q-Switched
12.6.2 Water Cooling Q-Switched
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 Code Printer
12.10.2 Spurt The Code Machine
12.10.3 Optical Processing Machinery
12.10.4 Packaging Equipment
12.10.5 Chloasma Dispeling
12.10.6 Other
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 Air Cooling Q-Switched
13.6.2 Water Cooling Q-Switched
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 Code Printer
13.10.2 Spurt The Code Machine
13.10.3 Optical Processing Machinery
13.10.4 Packaging Equipment
13.10.5 Chloasma Dispeling
13.10.6 Other
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 Q-Switched Lasers Market: Competitive Dashboard
14.2 Global Q-Switched Lasers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 COBOLT
14.3.2 COHERENT
14.3.3 EKSMA Optics
14.3.4 Ekspla
14.3.5 Elforlight
14.3.6 InnoLas
14.3.7 LUMENTUM
14.3.8 Maxphotonics
14.3.9 Ocean Optics
