Market Overview:
The global quasi continuous wave (QCW) lasers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for CW lasers in various applications such as consumer electronics, aerospace, automotive, medical and semiconductor equipment. Additionally, the growing demand for miniaturization and higher efficiency in CW laser devices is also contributing to the growth of this market.
Product Definition:
A laser in which the light output is quasi-continuous, consisting of a stream of short pulses. The importance of QCW lasers is that they can be operated at high power levels without the risk of damaging the optical components.
Below 1100W:
Below 1100W, it's usage.
The below 1100W power level is considered as the lower limit for commercial applications. However, there are a few products that come with lower power levels but have capabilities such as high coherence length and optical frequency which make them suitable for industrial or scientific use.
1100-3000W:
The power range from 1100 to 3000W is the most commonly used power level for QCW lasers. The reason being, these levels are easily obtainable and provide a cost-effective solution to end users. Moreover, they offer high optical quality with low coherence length along with low average powers which are suitable for applications such as welding and cutting.
Application Insights:
The market is segmented by application into consumer electronics, aerospace, automotive, medical and other applications. The consumer electronics segment held the largest share in 2017 owing to increasing demand for QCW lasers from handheld laser products. Laser products such as smartphones also use these devices for better performance and efficiency.
The growing popularity of 5G technology has led to an increase in the demand for high-power QCW lasers used in wireless communication and data transmission applications across various end-use industries such as telecom & IT, optical storage etc. Furthermore, a significant increase in internet users across the globe has further increased the need for high-speed internet services which will further boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next eight years. The region has been witnessing strong economic growth on account of increasing disposable income, rising population, and improved standard of living. Rapid industrialization coupled with government initiatives towards infrastructure development has led to an increased demand for LASER products in various applications such as medical, automotive, consumer electronics among others.
The growing adoption of QCW lasers for industrial applications is also contributing significantly towards regional growth.
Growth Factors:
- Increasing demand for miniaturization in electronics industry
- Rising demand for laser processing in automotive and medical industries
- Growing popularity of CW lasers among researchers and scientists for various applications
- Technological advancements that have led to the development of high-power CW lasers
- Proliferation of low-cost QCW laser systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Quasi Continuous Wave (QCW) Lasers Market Research Report
By Type
Below 1100W, 1100-3000W, 3001-6000W, Above 6000W
By Application
Consumer Electronics, Aerospace, Automotive, 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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Quasi Continuous Wave (QCW) Lasers Market Report Segments:
The global Quasi Continuous Wave (QCW) Lasers market is segmented on the basis of:
Types
Below 1100W, 1100-3000W, 3001-6000W, Above 6000W
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
Consumer Electronics, Aerospace, Automotive, 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 Quasi Continuous Wave (QCW) 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:
- Below 1100W
- 1100-3000W
- 3001-6000W
- Above 6000W
- By Application:
- Consumer Electronics
- Aerospace
- Automotive
- 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 Quasi Continuous Wave (QCW) 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?
QCW lasers are a type of laser that emits light in a continuous wave form, meaning the light is emitted without any noticeable breaks. This makes QCW lasers ideal for applications where smooth, even illumination is required, such as surgical procedures and industrial production lines.
Some of the key players operating in the quasi continuous wave (qcw) 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 quasi continuous wave (qcw) 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 Quasi Continuous Wave (QCW) 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 Quasi Continuous Wave (QCW) Lasers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Quasi Continuous Wave (QCW) 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 Quasi Continuous Wave (QCW) 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 Quasi Continuous Wave (QCW) Lasers Market Size & Forecast, 2020-2028 4.5.1 Quasi Continuous Wave (QCW) Lasers Market Size and Y-o-Y Growth 4.5.2 Quasi Continuous Wave (QCW) 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 Below 1100W
5.2.2 1100-3000W
5.2.3 3001-6000W
5.2.4 Above 6000W
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 Consumer Electronics
6.2.2 Aerospace
6.2.3 Automotive
6.2.4 Medical
6.2.5 Semiconductor Equipment
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Quasi Continuous Wave (QCW) 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 Quasi Continuous Wave (QCW) 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 Below 1100W
9.6.2 1100-3000W
9.6.3 3001-6000W
9.6.4 Above 6000W
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 Consumer Electronics
9.10.2 Aerospace
9.10.3 Automotive
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 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 Below 1100W
10.6.2 1100-3000W
10.6.3 3001-6000W
10.6.4 Above 6000W
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 Consumer Electronics
10.10.2 Aerospace
10.10.3 Automotive
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 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 Below 1100W
11.6.2 1100-3000W
11.6.3 3001-6000W
11.6.4 Above 6000W
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 Consumer Electronics
11.10.2 Aerospace
11.10.3 Automotive
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 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 Below 1100W
12.6.2 1100-3000W
12.6.3 3001-6000W
12.6.4 Above 6000W
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 Consumer Electronics
12.10.2 Aerospace
12.10.3 Automotive
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) 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 Below 1100W
13.6.2 1100-3000W
13.6.3 3001-6000W
13.6.4 Above 6000W
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 Consumer Electronics
13.10.2 Aerospace
13.10.3 Automotive
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 Quasi Continuous Wave (QCW) Lasers Market: Competitive Dashboard
14.2 Global Quasi Continuous Wave (QCW) 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