Market Overview:
The global laser chiller market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lasers across various applications, such as laser marking machine, laser cutting machine, laser engraving machine and others. Additionally, the growing demand for lasers in medical and defense applications is also contributing to the growth of this market.
Product Definition:
A laser chiller is a device used to keep a laser at a specific temperature. This is important because if the laser gets too hot, it can damage the optics or cause other unwanted effects. A laser chiller also helps to ensure that the beam quality remains consistent.
Yag Lasers:
YAG lasers are used for cutting and welding of metals. They operate at infrared wavelengths (1,064 nm - 1,nm) and have a high-power density. The laser beam is generated by electrically heating a gas to its incandescent phase which consists of free electrons that absorb the light energy in an electric field.
CO2 Lasers:
CO2 lasers are used to cut or shape materials with high accuracy and precision. CO2 laser is a tool that produces light by the gas carbon dioxide. It has different wavelengths which can be used for cutting or shaping material according to requirement. The working principle of CO2 laser is based on the interaction between molecular carbon dioxide and optical fiber which generates infrared light having different wavelengths as per requirement.
CO2 lasers have applications in medical, dentistry, automotive industry, etc.
Application Insights:
The application segment is segregated into laser marking machine, laser cutting machine, laser engraving machine and welding machines. The other applications include CO2 lasers used in medical procedures and YAG lasers used for industrial purposes such as material removal in the semiconductor industry. Laser marking machines are widely utilized across a variety of industries including automotive, packaging, aerospace & defense and general manufacturing. The growing demand for metal foils from the packaging industry is expected to be a major factor driving the market over the forecast period.
Laser cutting machines are widely utilized across various industries such as paper cardboards boxes; wood paneling; plastic laminates; glass panels; metals & alloys (including aluminum); stone countertops etc., owing to their high precision capabilities coupled with enhanced productivity levels over traditional mechanical equipment types.
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 demand for laser chillers from various end-use industries, such as medical, electronics, automotive and others. In addition, rising investments by key players in developing countries of Asia Pacific are anticipated to boost industry expansion over the next eight years.
The growing population coupled with rapid urbanization has resulted in increased construction activities across Asia Pacific economies such as China and India which is likely to drive product demand further. In addition, favorable government policies promoting industrial development are projected to fuel regional growth during the forecast period. For instance; Government of India’s “Make in India†initiative aims at creating a robust manufacturing sector along with encouraging domestic production through various policy measures such as tax benefits etc.
Growth Factors:
- Increasing demand for laser cooling systems in various industrial and commercial applications
- Growing popularity of laser-based medical treatments and therapies
- Proliferation of advanced laser technologies across a broad range of industries
- Rising investments in research and development for innovative laser cooling systems
- Increasing awareness about the benefits of using laser chillers over traditional cooling methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Chiller Market Research Report
By Type
Yag Lasers, CO2 Lasers, Fiber Lasers, Others
By Application
Laser Marking Machine, Laser Cutting Machine, Laser Engraving Machine, Laser Welding Machine, Others
By Companies
Termotek GmbH, Thermal Care, Lytron, Opti Temp, Solid State Cooling Systems, Guangzhou Teyu Electromechanical, Cold Shot Chillers, Dimplex Thermal Solutions, Parker, Sintec Optronics Pte Ltd
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Laser Chiller Market Report Segments:
The global Laser Chiller market is segmented on the basis of:
Types
Yag Lasers, CO2 Lasers, Fiber Lasers, Others
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
Laser Marking Machine, Laser Cutting Machine, Laser Engraving Machine, Laser Welding Machine, 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:
- Termotek GmbH
- Thermal Care
- Lytron
- Opti Temp
- Solid State Cooling Systems
- Guangzhou Teyu Electromechanical
- Cold Shot Chillers
- Dimplex Thermal Solutions
- Parker
- Sintec Optronics Pte Ltd
Highlights of The Laser Chiller 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:
- Yag Lasers
- CO2 Lasers
- Fiber Lasers
- Others
- By Application:
- Laser Marking Machine
- Laser Cutting Machine
- Laser Engraving Machine
- Laser Welding Machine
- 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 Laser Chiller 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?
A laser chiller is a type of air-conditioning unit that uses lasers to cool the air.
Some of the major companies in the laser chiller market are Termotek GmbH, Thermal Care, Lytron, Opti Temp, Solid State Cooling Systems, Guangzhou Teyu Electromechanical, Cold Shot Chillers, Dimplex Thermal Solutions, Parker, Sintec Optronics Pte Ltd.
The laser chiller market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Chiller 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. Laser Chiller Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Chiller Market - Supply Chain
4.5. Global Laser Chiller Market Forecast
4.5.1. Laser Chiller Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Chiller Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Chiller Market Absolute $ Opportunity
5. Global Laser Chiller 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. Laser Chiller Market Size and Volume Forecast by Type
5.3.1. Yag Lasers
5.3.2. CO2 Lasers
5.3.3. Fiber Lasers
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Chiller 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. Laser Chiller Market Size and Volume Forecast by Application
6.3.1. Laser Marking Machine
6.3.2. Laser Cutting Machine
6.3.3. Laser Engraving Machine
6.3.4. Laser Welding Machine
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Chiller 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. Laser Chiller 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 Laser Chiller 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. Laser Chiller 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 Laser Chiller Demand Share Forecast, 2019-2026
9. North America Laser Chiller 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 Laser Chiller 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 Laser Chiller Market Size and Volume Forecast by Application
9.4.1. Laser Marking Machine
9.4.2. Laser Cutting Machine
9.4.3. Laser Engraving Machine
9.4.4. Laser Welding Machine
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Chiller Market Size and Volume Forecast by Type
9.7.1. Yag Lasers
9.7.2. CO2 Lasers
9.7.3. Fiber Lasers
9.7.4. Others
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 Laser Chiller Demand Share Forecast, 2019-2026
10. Latin America Laser Chiller 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 Laser Chiller 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 Laser Chiller Market Size and Volume Forecast by Application
10.4.1. Laser Marking Machine
10.4.2. Laser Cutting Machine
10.4.3. Laser Engraving Machine
10.4.4. Laser Welding Machine
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Chiller Market Size and Volume Forecast by Type
10.7.1. Yag Lasers
10.7.2. CO2 Lasers
10.7.3. Fiber Lasers
10.7.4. Others
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 Laser Chiller Demand Share Forecast, 2019-2026
11. Europe Laser Chiller 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 Laser Chiller 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 Laser Chiller Market Size and Volume Forecast by Application
11.4.1. Laser Marking Machine
11.4.2. Laser Cutting Machine
11.4.3. Laser Engraving Machine
11.4.4. Laser Welding Machine
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Chiller Market Size and Volume Forecast by Type
11.7.1. Yag Lasers
11.7.2. CO2 Lasers
11.7.3. Fiber Lasers
11.7.4. Others
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 Laser Chiller Demand Share, 2019-2026
12. Asia Pacific Laser Chiller 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 Laser Chiller 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 Laser Chiller Market Size and Volume Forecast by Application
12.4.1. Laser Marking Machine
12.4.2. Laser Cutting Machine
12.4.3. Laser Engraving Machine
12.4.4. Laser Welding Machine
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Chiller Market Size and Volume Forecast by Type
12.7.1. Yag Lasers
12.7.2. CO2 Lasers
12.7.3. Fiber Lasers
12.7.4. Others
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 Laser Chiller Demand Share, 2019-2026
13. Middle East & Africa Laser Chiller 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 Laser Chiller 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 Laser Chiller Market Size and Volume Forecast by Application
13.4.1. Laser Marking Machine
13.4.2. Laser Cutting Machine
13.4.3. Laser Engraving Machine
13.4.4. Laser Welding Machine
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Chiller Market Size and Volume Forecast by Type
13.7.1. Yag Lasers
13.7.2. CO2 Lasers
13.7.3. Fiber Lasers
13.7.4. Others
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 Laser Chiller Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Chiller Market: Market Share Analysis
14.2. Laser Chiller Distributors and Customers
14.3. Laser Chiller Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Termotek GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thermal Care
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lytron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Opti Temp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solid State Cooling Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Guangzhou Teyu Electromechanical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cold Shot Chillers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dimplex Thermal Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Parker
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sintec Optronics Pte Ltd
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