Solid-State Laser Market By Type (Carbon Dioxide Laser, Fiber Laser, and Solid State Laser), By Light Source (Laser Diode, Arc Lamp And Others), By Application (Laser Processing and Optical Communications), By End-use (Aerospace & Defense, Healthcare And Others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Solid-State Laser Market held USD XXX  in 2020 and is to grow with a CAGR of XXX from 2020-2030. Laser  is a device that emits electromagnetic radiation in the form of light by optically amplifying the same. A laser generally consists of optical mirrors, a gain medium and a pumping mechanism to energize the gain medium or similar devices to give optical feedback.. A doped  crystal is mixed to enhance the perform, and has a longer duration of use. The most popular solid gain medium is the Yttrium Aluminum Garnet (Nd : YAG) doped with Neodymium. Other products include, but are not limited to,  Ytterbium doped glass, Erbium doped Yttrium Aluminum Garnet (Er:YAG) and Neodymium doped glass. Due to higher damage resistant and ability to withstand high temperatures, that is created during the activity of the laser with solid state, Nd : YAG crystals are oftenly preferred.

Market Dynamics and Factors:

The major factors expected to fuel the global market growth are increase in demand from vertical healthcare, increased laser performance over traditional material processing techniques, and a shift toward nano and micro device production. Various cosmetic procedures, including skin resurfacing, melasma treatment, and scar reduction, using pulsed lasers based on Nd : YAG solid-state, are few factors which will increase the global solid-state laser market size. In aerospace and defense sector, solid-state lasers are used in laser weapon systems. These will also be a driving factor for solid-state laser market. However, the market saturation and  comparatively higher price to other type of lasers, will restrain the global solid-state laser market.

Market Segmentation:

Based on the type, the global solid-state laser industry is segmented into solid state laser carbon dioxide laser and fiber laser. By the light source solid-state laser market can be bifurcated into arc lamp, laser diode and others. On the basis of nature, the solid-state laser  market is segmented into photochromic, gasochromic, electrochromic, and others. On the basis of industry, the market is segmented into commercial, military, and general aviation. Considering the end- use, the solid-state laser market can be classified into healthcare, aerospace & defense and others. On the basis of application, the market  is segmented into the optical communications and  laser processing and. Geographic bifurcation of global solid-state laser market  share includes North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

Solid-state laser market is highly dynamic due to aggressive development and research in various regoions.  APAC holds the leading solid state laser market share, along with Europe, and North America. APAC is the rapidly growing market for lasers due to increase in  products commercialization in medical, consumer electronics and defense, which will fuel the solid-state laser market growth.  

Competitive Scenario:

In terms of solid-state laser market share, few of the major players currently dominate the market. The key players of global solid-state laser market  are EKSPLA, Coherent Inc., JK Lasers, JDS Uniphase Corp., Laserglow Technologies, JENOPTIK Laser GmbH, Photonic Solutions, Lee Laser Inc., Quanta System Sp. and Photonics Industries International Inc.

Solid-State Laser Market Report Scope