Market Overview:
The global solid state laser 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 solid state lasers for industrial and medical applications. In terms of type, the continuous wave lasers segment is expected to hold the largest share of the global solid state laser market during the forecast period. This can be attributed to their high efficiency and low cost of ownership as compared to pulsed lasers.
Product Definition:
A solid state laser is a laser in which the active gain medium is a solid, as opposed to gas, liquid or powder. They are often pumped using diode lasers.
Continuous Wave Lasers:
Continuous Wave Lasers (CWL) are the most common type of solid-state lasers. They operate at a specific wavelength and have high power density. The term “continuous” in the name refers to their ability to generate a beam without any noticeable pulse; i.e., they can produce an uninterrupted stream of light similar to that produced by conventional gas-discharge lamps but with much higher peak power.
Pulsed Solid State Lasers:
Pulsed Solid State Lasers (PSSL) is a new generation of solid-state lasers, which deliver high power in short pulses. PSSLs are based on novel crystal designs that allow for higher output with less energy consumption and low coherence length. The technology has been under development by various research institutes worldwide since the early 2000s, but only recently have manufacturers begun to commercialize it.
Application Insights:
The other application segment includes consumer electronics, security & surveillance, and others. The use of solid-state lasers in consumer electronics such as CD/DVD drives and Blue-ray players has increased the performance of these devices. Moreover, increasing adoption of HDDs in personal computers is expected to fuel demand over the forecast period.
Solid state lasers are used for various applications including industrial use (machinery & equipment), medical use (laser surgery), and other uses (security & surveillance). In industrial applications, they are used for welding operations as well as cutting processes in various industries such as construction, automotive manufacturing among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for high precision equipment by manufacturers operating in this region. In addition, rising adoption of laser technology for material processing and manufacturing of semiconductor devices is anticipated to drive industry expansion over the next eight years.
The Asia Pacific regional market was followed by Europe, which accounted for a revenue share of more than 20% in 2017 owing to growing industrialization coupled with technological advancements across several countries including Germany, France, Italy and U.K., among others.
Growth Factors:
- Increasing demand for high-power and high-energy lasers in defense and security applications
- Rising demand for laser systems in medical applications such as cosmetic surgery, dentistry, and ophthalmology
- Growing popularity of laser technology in industrial applications such as welding, cutting, and marking
- Proliferation of portable laser devices across a wide range of end-user industries
- Advances in solid state laser technology that are making these devices smaller, lighter, more efficient, and more affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid State Laser Market Research Report
By Type
Continuous Wave Lasers, Pulsed Solid State Lasers
By Application
Industrial Use, Medical Use, Other
By Companies
CrystaLaser, ROFIN, Meiman Laser, Jenoptik, Northrop Grumman, Coherent, Zolix, Vescent Photonics, InnoLas, Guoke Laser, Huaray Laser
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Solid State Laser Market Report Segments:
The global Solid State Laser market is segmented on the basis of:
Types
Continuous Wave Lasers, Pulsed Solid State Lasers
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 Use, Medical Use, 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:
- CrystaLaser
- ROFIN
- Meiman Laser
- Jenoptik
- Northrop Grumman
- Coherent
- Zolix
- Vescent Photonics
- InnoLas
- Guoke Laser
- Huaray Laser
Highlights of The Solid State 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:
- Continuous Wave Lasers
- Pulsed Solid State Lasers
- By Application:
- Industrial Use
- Medical Use
- 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 Solid State 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?
A solid state laser is a laser that uses solid-state components, such as lasers diodes and transistors, to generate light. This makes the laser more efficient and less expensive to build than traditional lasers.
Some of the major companies in the solid state laser market are CrystaLaser, ROFIN, Meiman Laser, Jenoptik, Northrop Grumman, Coherent, Zolix, Vescent Photonics, InnoLas, Guoke Laser, Huaray Laser.
The solid state laser market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solid State 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. Solid State Laser Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solid State Laser Market - Supply Chain
4.5. Global Solid State Laser Market Forecast
4.5.1. Solid State Laser Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solid State Laser Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solid State Laser Market Absolute $ Opportunity
5. Global Solid State 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. Solid State Laser Market Size and Volume Forecast by Type
5.3.1. Continuous Wave Lasers
5.3.2. Pulsed Solid State Lasers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solid State 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. Solid State Laser Market Size and Volume Forecast by Application
6.3.1. Industrial Use
6.3.2. Medical Use
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solid State 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. Solid State 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 Solid State 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. Solid State 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 Solid State Laser Demand Share Forecast, 2019-2026
9. North America Solid State 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 Solid State 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 Solid State Laser Market Size and Volume Forecast by Application
9.4.1. Industrial Use
9.4.2. Medical Use
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solid State Laser Market Size and Volume Forecast by Type
9.7.1. Continuous Wave Lasers
9.7.2. Pulsed Solid State Lasers
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 Solid State Laser Demand Share Forecast, 2019-2026
10. Latin America Solid State 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 Solid State 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 Solid State Laser Market Size and Volume Forecast by Application
10.4.1. Industrial Use
10.4.2. Medical Use
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solid State Laser Market Size and Volume Forecast by Type
10.7.1. Continuous Wave Lasers
10.7.2. Pulsed Solid State Lasers
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 Solid State Laser Demand Share Forecast, 2019-2026
11. Europe Solid State 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 Solid State 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 Solid State Laser Market Size and Volume Forecast by Application
11.4.1. Industrial Use
11.4.2. Medical Use
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solid State Laser Market Size and Volume Forecast by Type
11.7.1. Continuous Wave Lasers
11.7.2. Pulsed Solid State Lasers
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 Solid State Laser Demand Share, 2019-2026
12. Asia Pacific Solid State 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 Solid State 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 Solid State Laser Market Size and Volume Forecast by Application
12.4.1. Industrial Use
12.4.2. Medical Use
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solid State Laser Market Size and Volume Forecast by Type
12.7.1. Continuous Wave Lasers
12.7.2. Pulsed Solid State Lasers
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 Solid State Laser Demand Share, 2019-2026
13. Middle East & Africa Solid State 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 Solid State 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 Solid State Laser Market Size and Volume Forecast by Application
13.4.1. Industrial Use
13.4.2. Medical Use
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solid State Laser Market Size and Volume Forecast by Type
13.7.1. Continuous Wave Lasers
13.7.2. Pulsed Solid State Lasers
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 Solid State Laser Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solid State Laser Market: Market Share Analysis
14.2. Solid State Laser Distributors and Customers
14.3. Solid State Laser Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. CrystaLaser
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ROFIN
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Meiman Laser
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jenoptik
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Northrop Grumman
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Coherent
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zolix
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vescent Photonics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. InnoLas
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Guoke Laser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huaray Laser
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
