What is Gas Lasers Market?
Gas Laser is devices possessing the capability of generating coherent electromagnetic radiation at wavelengths shorter than those generally considered to be microwave frequencies. These are discharge-driven lasers consisting of a gas whose atoms or molecules are raised to higher energy states, and an "inversion" exists between a certain pair of energy levels in the gas. These gas such as CO2 laser for welding, cutting, and heat treatment of metals and nonmetals applications and the Ar-ion laser and the excimer lasers for micro-machining and several semiconductor processing applications in the electronics industry.
The market study is being classified by Type (Pulse Gas Lasers, Continuous Gas Lasers and Other), by Application (Material Processing, Laser Printing, Bar Code Reader, Scanners, Surface Testing and Others) and major geographies with country level break-up.
TRUMPF Group (Germany), Edmund Scientific Corporation (United States), Coherent, Inc. (United States), Edinburgh Instruments Ltd. (United Kingdom), El.En. S.p.A. (Italy), GAM Laser, Inc. (United States), Linde Group (Germany), Yokogawa Electric Corporation (Japan), AMS Technologies AG (Germany), Kimmon Koha Co., Ltd. (Japan), LTB Lasertechnik Berlin GmbH (Germany) and Lumentum Holdings (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Optec S.A. (Belgium), Research Electro-Optics, Inc. (United States), Sacher Lasertechnik GmbH (Germany) and PaR Systems (Pty) Ltd. (South Africa).
In Gas Laser Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States and European Players will contribute to the maximum growth of Global Gas Lasers market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Gas Lasers market by Type, Application and Region.
On the basis of geography, the market of Gas Lasers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Machining Tools and Equipment
- Growing Consumption of Excimer Lasers in Medical Applications
Market Trend
- Trend For Technologies of CO2 Laser and Argon-Ion Laser
Restraints
- Inability to Have Large Number Densities As Gases Have Short Life
Opportunities
- Growing Use of Gas Lasers in Commercial Instrumentation
- Adoption is Increasing in Industries Due to High-Power Lasers
Challenges
- Leak of Gas Pipe Containing Hazardous Gases such as CO and CO2
Market Leaders and some development strategies
In 2018, TRUMPF acquired Philips’s laser diode division Photonics GmbH. This acquisition expanded TRUMPF’s existing business in high-power diode lasers and its product portfolio.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Gas Laser Providers, Raw Material Suppliers, Technology Providers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, Associations and Industry Bodies and End User Industries