Market Overview:
The global laser initiators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for space-based applications and rising investments in space exploration programs. Laser initiators are used in various applications such as space carrier, satellite launch, torch start, and others. They are also used for military purposes such as missile guidance and target designation systems. North America is expected to hold the largest share of the global laser initiators market during the forecast period owing to technological advancements and growing demand for advanced weapons systems in this region.
Product Definition:
A laser initiator is a device used to start an explosive chain reaction in a laser-induced plasma detonator. It is an important part of the technology of lasers for weapons and nuclear weapons.
100 Micron:
100 micron is a small size particle, approximately 0.1 mm in diameter. It is one of the key sizes used in laser printing and scanning technologies owing to its properties such as high optical quality and low spot size on the target material.
200 Micron:
200 Micron is the size of a particle, approximately 0.2 mm in diameter. It is used as an input parameter for laser systems and semiconductor devices that produce light by stimulated emission of electrons from a high-speed electron beam. 200 microns represents the wavelength of red light with maximum optical intensity per unit volume and per unit mass (W/m).
Application Insights:
The space carrier application segment led the market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for launching satellites into space on a commercial basis. Laser-based Initiators are used in satellite launch vehicles (SLVs) for igniting the propellant engine, which propels the vehicle forward during launch.
The satellite launch segment accounted for over 30% of global laser initiator market share in terms of revenue in 2017 and is expected to witness significant growth over the forecast period owing to rising demand from communication companies such as AT&T Inc., Hughes Network Systems, Inc., etc. For instance, Hughes Space & Communications LLC designed and built an orbital laser system that was integrated with a spacecraft bus capable of supporting up 8kg payloads into geosynchronous orbit (GTO).
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing space programs, satellite launches, and nuclear power plant projects in countries such as India, China, Japan, South Korea. Laser technology has found applications in mining exploration as well as water desalination plants across this region.
Europe is projected to witness significant growth over the next eight years owing to growing investments from laser industry players along with rising demand for high precision equipment from various end-use industries such as metrology & measurement; science & engineering; industrial; entertainment & media; and others. In addition, technological advancements coupled with stringent government regulations pertaining to radiation emission are anticipated to drive innovation of laser systems across Europe thereby driving regional market growth during the forecast period.
Growth Factors:
- Increasing demand for laser initiators in the defense sector due to their high precision and accuracy.
- Growing demand for laser initiators from the medical industry for use in surgeries and other treatments.
- Rising demand from the automotive industry for use in advanced safety features and emission control systems.
- Increasing research and development activities by leading players to develop new and innovative products that can cater to various application needs of different industries.
- Growing popularity of laser-based systems over traditional combustion-based systems owing to their superior performance, efficiency, and environmental friendliness
Scope Of The Report
Report Attributes
Report Details
Report Title
Laser Initiators Market Research Report
By Type
100 Micron, 200 Micron, 400 Micron, Other
By Application
Space Carrier, Satellite Launch, Torch Start, Other
By Companies
Pacific Scientific Energetic Materials Company, Excelitas Technologies Corp, Emerson Electric, Ensign-Bickford Aerospace & Defense Company
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Laser Initiators Market Report Segments:
The global Laser Initiators market is segmented on the basis of:
Types
100 Micron, 200 Micron, 400 Micron, Other
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
Space Carrier, Satellite Launch, Torch Start, 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:
- Pacific Scientific Energetic Materials Company
- Excelitas Technologies Corp
- Emerson Electric
- Ensign-Bickford Aerospace & Defense Company
Highlights of The Laser Initiators 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:
- 100 Micron
- 200 Micron
- 400 Micron
- Other
- By Application:
- Space Carrier
- Satellite Launch
- Torch Start
- 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 Laser Initiators 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 initiators are a type of spark plug that use lasers to ignite the air/fuel mixture in the engine.
Some of the key players operating in the laser initiators market are Pacific Scientific Energetic Materials Company, Excelitas Technologies Corp, Emerson Electric, Ensign-Bickford Aerospace & Defense Company.
The laser initiators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laser Initiators 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 Initiators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laser Initiators Market - Supply Chain
4.5. Global Laser Initiators Market Forecast
4.5.1. Laser Initiators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laser Initiators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laser Initiators Market Absolute $ Opportunity
5. Global Laser Initiators 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 Initiators Market Size and Volume Forecast by Type
5.3.1. 100 Micron
5.3.2. 200 Micron
5.3.3. 400 Micron
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laser Initiators 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 Initiators Market Size and Volume Forecast by Application
6.3.1. Space Carrier
6.3.2. Satellite Launch
6.3.3. Torch Start
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laser Initiators 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 Initiators 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 Initiators 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 Initiators 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 Initiators Demand Share Forecast, 2019-2026
9. North America Laser Initiators 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 Initiators 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 Initiators Market Size and Volume Forecast by Application
9.4.1. Space Carrier
9.4.2. Satellite Launch
9.4.3. Torch Start
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laser Initiators Market Size and Volume Forecast by Type
9.7.1. 100 Micron
9.7.2. 200 Micron
9.7.3. 400 Micron
9.7.4. Other
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 Initiators Demand Share Forecast, 2019-2026
10. Latin America Laser Initiators 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 Initiators 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 Initiators Market Size and Volume Forecast by Application
10.4.1. Space Carrier
10.4.2. Satellite Launch
10.4.3. Torch Start
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laser Initiators Market Size and Volume Forecast by Type
10.7.1. 100 Micron
10.7.2. 200 Micron
10.7.3. 400 Micron
10.7.4. Other
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 Initiators Demand Share Forecast, 2019-2026
11. Europe Laser Initiators 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 Initiators 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 Initiators Market Size and Volume Forecast by Application
11.4.1. Space Carrier
11.4.2. Satellite Launch
11.4.3. Torch Start
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laser Initiators Market Size and Volume Forecast by Type
11.7.1. 100 Micron
11.7.2. 200 Micron
11.7.3. 400 Micron
11.7.4. Other
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 Initiators Demand Share, 2019-2026
12. Asia Pacific Laser Initiators 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 Initiators 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 Initiators Market Size and Volume Forecast by Application
12.4.1. Space Carrier
12.4.2. Satellite Launch
12.4.3. Torch Start
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laser Initiators Market Size and Volume Forecast by Type
12.7.1. 100 Micron
12.7.2. 200 Micron
12.7.3. 400 Micron
12.7.4. Other
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 Initiators Demand Share, 2019-2026
13. Middle East & Africa Laser Initiators 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 Initiators 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 Initiators Market Size and Volume Forecast by Application
13.4.1. Space Carrier
13.4.2. Satellite Launch
13.4.3. Torch Start
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laser Initiators Market Size and Volume Forecast by Type
13.7.1. 100 Micron
13.7.2. 200 Micron
13.7.3. 400 Micron
13.7.4. Other
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 Initiators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laser Initiators Market: Market Share Analysis
14.2. Laser Initiators Distributors and Customers
14.3. Laser Initiators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pacific Scientific Energetic Materials Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Excelitas Technologies Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Emerson Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ensign-Bickford Aerospace & Defense Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
