Market Overview:
The global quantum cascade laser market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for quantum cascade lasers in various applications such as industrial, medical, telecommunication, military & defense and others. In terms of type, the C-mount segment is expected to lead the global quantum cascade laser market during the forecast period. This can be attributed to its low cost and small size as compared to other types of quantum cascade lasers.
Product Definition:
A quantum cascade laser (QCL) is a type of semiconductor laser that emits infrared light. It is a "laser diode" in the sense that it consists of an active region sandwiched between two mirrors, but its structure is much different from the usual p-n junction diode. In particular, the active region consists of many thin "quantum wells" (hence the name), each only a few nanometers thick. The emission wavelength can be tuned by changing the thickness and composition of these wells.
Quantum cascade lasers have potential applications in telecommunications, spectroscopy, and environmental monitoring.
C-Mount:
C-Mount is a type of lens used in the construction of digital cameras. It was initially designed for 35mm film but is now also used in the production of high-definition videos and still images. The C stands for camera, mount or lens, referring to the device on which this lens will be mounted.
HHL & VHL Package:
The HHL (High-level Laser) and VHL (Vacuum-high level laser) package is used in quantum cascade lasers. Quantum Cascade Lasers are gaining popularity due to their high efficiency, low operating costs, small size & weight, and compatibility with different types of optical fibers.
Application Insights:
The industrial application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Quantum cascade lasers are used in various industrial applications such as welding, cutting, drilling, and coating to name a few. They are also used in security applications such as access control systems and ID card readers where high-resolution images are required for verification purposes leading to an increased adoption of QCCLLs across these industries.
Quantum cascade laser products have found their use not only across but also within electronic devices which include smartphones, laptops/notebooks etcetera owing to its benefits such as low power consumption with high performance; they can be integrated into existing optical fiber infrastructure which will further enhance their penetration rate over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in military and defense applications, growing demand for high-precision tools, and extensive research activities undertaken by key players operating in this space.
The Asia Pacific regional market captured a revenue share of over 20% owing to rapid technological advancements coupled with increased adoption of industrial lasers across several end-use industries such as metallurgy, automotive, dentistry, medicine & healthcare and others.
Growth Factors:
- Increasing demand for miniaturization in various industries is expected to drive the quantum cascade laser market growth.
- The increasing use of quantum cascade lasers in medical applications is another key factor that is expected to fuel the market growth over the forecast period.
- Growing demand for infrared spectroscopy and terahertz sensing are also anticipated to propel the quantum cascade laser market growth during the forecast period.
- Rising research and development investments for new product launches by key players is also projected to boost the quantum cascade laser market growth during the forecast period. 5) The increasing use of quantum cascade lasers in security and defense applications is another major factor that would fuel Quantum Cascade Laser Market Growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Quantum Cascade Laser Market Research Report
By Type
C-Mount, HHL & VHL Package, TO3 Package
By Application
Industrial, Medical, Telecommunication, Military & Defense, Others
By Companies
Alpes Lasers SA, Mirsense, Thorlabs, Inc., Hamamatsu Photonics K.K., Adtech Optics, Block Engineering, Inc., Wavelength Electronics, Inc., Pranalytica, Inc., Akela Laser Corporation, Nanoplus Nanosystems and Technologies GmbH
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 Quantum Cascade Laser Market Report Segments:
The global Quantum Cascade Laser market is segmented on the basis of:
Types
C-Mount, HHL & VHL Package, TO3 Package
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
Industrial, Medical, Telecommunication, Military & Defense, 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:
- Alpes Lasers SA
- Mirsense
- Thorlabs, Inc.
- Hamamatsu Photonics K.K.
- Adtech Optics
- Block Engineering, Inc.
- Wavelength Electronics, Inc.
- Pranalytica, Inc.
- Akela Laser Corporation
- Nanoplus Nanosystems and Technologies GmbH
Highlights of The Quantum Cascade Laser 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:
- C-Mount
- HHL & VHL Package
- TO3 Package
- By Application:
- Industrial
- Medical
- Telecommunication
- Military & Defense
- 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 Quantum Cascade Laser 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?
Quantum cascade lasers are a type of laser that uses a series of light pulses to create an intense beam. These lasers can be used for many different applications, including medical procedures and industrial processes.
Some of the key players operating in the quantum cascade laser market are Alpes Lasers SA, Mirsense, Thorlabs, Inc., Hamamatsu Photonics K.K., Adtech Optics, Block Engineering, Inc., Wavelength Electronics, Inc., Pranalytica, Inc., Akela Laser Corporation, Nanoplus Nanosystems and Technologies GmbH.
The quantum cascade laser market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Quantum Cascade Laser 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. Quantum Cascade Laser Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Quantum Cascade Laser Market - Supply Chain
4.5. Global Quantum Cascade Laser Market Forecast
4.5.1. Quantum Cascade Laser Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Quantum Cascade Laser Market Size (000 Units) and Y-o-Y Growth
4.5.3. Quantum Cascade Laser Market Absolute $ Opportunity
5. Global Quantum Cascade Laser 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. Quantum Cascade Laser Market Size and Volume Forecast by Type
5.3.1. C-Mount
5.3.2. HHL & VHL Package
5.3.3. TO3 Package
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Quantum Cascade Laser 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. Quantum Cascade Laser Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Medical
6.3.3. Telecommunication
6.3.4. Military & Defense
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Quantum Cascade Laser 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. Quantum Cascade Laser 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 Quantum Cascade Laser 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. Quantum Cascade Laser 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 Quantum Cascade Laser Demand Share Forecast, 2019-2026
9. North America Quantum Cascade Laser 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 Quantum Cascade Laser 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 Quantum Cascade Laser Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Medical
9.4.3. Telecommunication
9.4.4. Military & Defense
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 Quantum Cascade Laser Market Size and Volume Forecast by Type
9.7.1. C-Mount
9.7.2. HHL & VHL Package
9.7.3. TO3 Package
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 Quantum Cascade Laser Demand Share Forecast, 2019-2026
10. Latin America Quantum Cascade Laser 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 Quantum Cascade Laser 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 Quantum Cascade Laser Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Medical
10.4.3. Telecommunication
10.4.4. Military & Defense
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 Quantum Cascade Laser Market Size and Volume Forecast by Type
10.7.1. C-Mount
10.7.2. HHL & VHL Package
10.7.3. TO3 Package
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 Quantum Cascade Laser Demand Share Forecast, 2019-2026
11. Europe Quantum Cascade Laser 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 Quantum Cascade Laser 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 Quantum Cascade Laser Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Medical
11.4.3. Telecommunication
11.4.4. Military & Defense
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 Quantum Cascade Laser Market Size and Volume Forecast by Type
11.7.1. C-Mount
11.7.2. HHL & VHL Package
11.7.3. TO3 Package
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Quantum Cascade Laser Demand Share, 2019-2026
12. Asia Pacific Quantum Cascade Laser 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 Quantum Cascade Laser 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 Quantum Cascade Laser Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Medical
12.4.3. Telecommunication
12.4.4. Military & Defense
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 Quantum Cascade Laser Market Size and Volume Forecast by Type
12.7.1. C-Mount
12.7.2. HHL & VHL Package
12.7.3. TO3 Package
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 Quantum Cascade Laser Demand Share, 2019-2026
13. Middle East & Africa Quantum Cascade Laser 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 Quantum Cascade Laser 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 Quantum Cascade Laser Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Medical
13.4.3. Telecommunication
13.4.4. Military & Defense
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 Quantum Cascade Laser Market Size and Volume Forecast by Type
13.7.1. C-Mount
13.7.2. HHL & VHL Package
13.7.3. TO3 Package
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 Quantum Cascade Laser Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Quantum Cascade Laser Market: Market Share Analysis
14.2. Quantum Cascade Laser Distributors and Customers
14.3. Quantum Cascade Laser Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpes Lasers SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mirsense
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thorlabs, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hamamatsu Photonics K.K.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adtech Optics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Block Engineering, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wavelength Electronics, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pranalytica, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Akela Laser Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanoplus Nanosystems and Technologies GmbH
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
