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Solid State Lasers Market

Solid State Lasers Market has segmented into continuous wave lasers and pulsed solid state lasers;Solid state lasers market has quite low growth rate, owing to their high market penetration

Solid State Lasers Market has segmented into continuous wave lasers and pulsed solid state lasers;Solid state lasers market has quite low growth rate, owing to their high market penetration

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<strong>Solid</strong> <strong>State</strong> <strong>Lasers</strong> <strong>Market</strong> By end-use Industry<br />

Laser or light amplification by stimulated emission of radiation is a device which emits<br />

electromagnetic radiation, in the form of light, by optically amplifying the same.A laser is<br />

generally composed of a gain medium, a pumping mechanism for energizing the gain medium<br />

and optical mirrors or similar instruments for providing an optical feedback. <strong>Lasers</strong> can vary,<br />

based on the gain medium used to generate light. <strong>Solid</strong> <strong>State</strong> <strong>Lasers</strong> <strong>Market</strong> utilize a solid as the<br />

medium, rather than liquids or gases. When light passes through the solid gain medium, it<br />

amplifies and produces a sharp beam of light. The solid gain or active medium used are generally<br />

made of glass or crystals. A doped glass or crystal has been found to function better and also has<br />

higher application period. The most common solid gain medium is Neodymium doped Yttrium<br />

Aluminum Garnet (Nd:YAG). Other materials include Ytterbium doped glass, Neodymium<br />

doped glass and Erbium doped Yttrium Aluminum Garnet (Er:YAG) among other crystals.<br />

Nd:YAG crystals are mostly favored since they have a higher damage threshold and can<br />

withstand high temperatures, produced during the operation of the solid state laser. Laser diodes,<br />

arc lamps or flash lamps are generally utilized in a solid state laser, as an optical pump.<br />

<strong>Solid</strong> state lasers market has quite low growth rate, owing to their high market penetration. The<br />

market for solid state lasers is primarily being driven by the growing demand for pulsed lasers<br />

for various healthcare applications. Various cosmetic procedures, such as skin resurfacing,<br />

melasma treatment and scar removal among others utilize Nd:YAG based solid state pulsed<br />

lasers. Heightening demand for such procedures, across the globe, has been driving the growth of<br />

solid state lasers market globally.<br />

Get accurate market forecast and analysis on the <strong>Solid</strong> <strong>State</strong> <strong>Lasers</strong> <strong>Market</strong>. Request a<br />

sample to stay abreast on the key trends impacting this market :<br />

http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21983<br />

Additionally, the application of solid state lasers has been growing at a steady pace in the<br />

aerospace and defense sector. <strong>Solid</strong> state lasers have several applications in this sector, such as<br />

laser weapon systems. Such systems can be utilized for destruction of a target or for disabling the<br />

security systems of immobilizing the target. Owing to the advantages of such solid state laser<br />

based system, the growing application in aerospace and defense sector has also been positively<br />

impacting the growth of solid state lasers market. Furthermore, higher usage of solid state lasers<br />

for laser marking systems has also been driving the market forward. However, the saturated<br />

nature of the market and relatively higher price, compared to other type of lasers, has been<br />

restraining the growth of the market. With the widening of application areas and higher usage in<br />

healthcare industry, the growth opportunities for solid state lasers is also expected to widen,<br />

during the forecast period.<br />

On the basis of type, the market for solid state lasers has been segmented into continuous wave<br />

lasers and pulsed solid state lasers. By light source, the market for solid state lasers has been<br />

segmented into laser diode, arc lamp and others. Laser diode was the largest segment by revenue,<br />

in 2016, owing to their higher efficiency and relatively lesser ownership cost. By end-use


industry, the market has been segmented into aerospace & defense, healthcare and others. On the<br />

basis of region, the global solid state lasers market has been segmented into North America,<br />

Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Revenue wise,<br />

North America was the largest region in 2016, followed by Europe and Asia Pacific.<br />

The major companies of the solid state lasers market globally are Coherent Inc. (The U.S.),<br />

Northrop Grumman Corporation (The U.S.) The Trumpf Group (Germany), ALLTEC<br />

(Subsidiary of Danaher Corporation) (Germany), Jenoptik AG (Germany), Photonics Industries<br />

International, Inc. (The U.S.), and Han’s Laser Technology (China) among various other<br />

companies.<br />

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative<br />

insights, historical data, and verifiable projections about market size. The projections featured in<br />

the report have been derived using proven research methodologies and assumptions<br />

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