Laser Technologies By Type , Components & Applications Market

What is Laser and how it works...?

A LASER is an acronym which means light amplification by stimulated emission of radiation . so we can say laser is nothing but a device that emits light through optical amplification process which is based on stimulated emission of electromagnetic radiation.

Basically lasers are devices which produce intense beams of light which are coherent,monochromatic and highly collimated .

lasers have extremely pure(monochromatic) wavelength compared with other source of lights. all of the photons (energy) that

make up the laser beam have a fixed phase relationship (coherence)

with respect to one another.laser light has very low divergence so it travel over great distance or can be focused to a very small tight spot with very high brightness power.because of all these properties lasers are used in variety of applications in day today life.

Working of lasers is based on  quantum physics when atom stuck by light waves begin to vibrate and it will cause electrons to jump to higher level until the atoms reach an excited state. when atom begin to relax, their energy is released in the form of photons, which are simply pockets of light energy. 

Characteristics Of Laser:

1. Monochromatic
2. Directional
3. Coherent

Applications  Of Laser :

1. Aircraft Mounted Laser Targeting System
2. Laser Cutting
3. Laser welding
4. Laser used in eye surgery
5. Laser Dentistry
6. Laser Bar Code Scanning
7. Telescope Calibration
8. Laser Printing
9. Laser Disk Drive
10. fiber optic Cable

Market Of Laser Technology:

• On The Basis Of Product Type

The laser type market is Segmented into six categories:

1. CO2 lasers
2. Fiber lasers
3. Solid-state lasers
4. Diode lasers
5. Dye lasers
6. Excimer lasers

• On The Basis Of Application

The application market is segmented into:

1. Industrial applications
2. Medical applications
3. Military and commercial applications

• On The Basis Of Geography

1. North America
2. Europe
3. APAC
4. ROW 

The Various Companies Currently Involved In Laser Market :

1. Coherent (U.S.)
2. IPG Photonics (U.S.)
3. Newport Corporation (U.S.)
4. Rofin-Sinar (Germany)
5. TRUMPF (U.S.)

Source: marketsandmarkets.com

According to a new market research report “Laser Technologies, Components & Applications Market – Global Forecast & Analysis (2012 – 2017)” the total laser market is expected to reach $19.88 billion by 2017 at a CAGR of 19.2% from 2012 to 2017.

For Detail Report : CLICK HERE