Ultrafast Laser Trends and Forecast
The future of the global ultrafast laser market looks promising with opportunities in the consumer electronics, medical, automotive, aerospace & defense, and industrial markets. The global ultrafast laser market is expected to reach an estimated $4.1 billion by 2030 with a CAGR of 13.7% from 2024 to 2030. The major drivers for this market are rise in demand for precision engineering in defense sector, growing reduction in size of consumer electronics, as well as, rapid industrialization and the adoption of supportive government regulations encouraging the usage of ultrafast lasers.
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Ultrafast Laser by Segment
The study includes a forecast for the global ultrafast laser by type, pulse duration, application, end use, and region.
Ultrafast Laser Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Titanium-Sapphire Lasers
- Fiber Lasers
- Mode-Locked Lasers
- Diode-Pumped Bulk Lasers
- Dye Lasers
- Diode Lasers
- Others
Ultrafast Laser Market by Pulse Duration [Shipment Analysis by Value from 2018 to 2030]:
Ultrafast Laser Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Micromachining
- Bio-Imagin
- Scientific Research
- Medical Device Fabrication
- Cardiovascular Stent Manufacturing
- Others
Ultrafast Laser Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Consumer Electronics
- Medical
- Automotive
- Aerospace & Defense
- Industrial
- Others
Ultrafast Laser Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Ultrafast Laser Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ultrafast laser companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ultrafast laser companies profiled in this report include-
- Amplitude Systemes
- Attodyne
- Coherent
- Dpss Laser
- Fianium
- IMRA America
- Jds Uniphase
- Lumentum
- Trumpf
- Wuhan Huaray Precision Laser
Ultrafast Laser Market Insights
Lucintel forecasts that micromachining is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period because of high per capita healthcare costs combined with a well-developed healthcare system in the US and Canada.
Features of the Global Ultrafast Laser Market
Market Size Estimates: Ultrafast laser market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ultrafast laser market size by various segments, such as by type, pulse duration, application, end use, and region in terms of value ($B).
Regional Analysis: Ultrafast laser market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, pulse duration, application, end use, and regions for the ultrafast laser market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ultrafast laser market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the laser hair removal market size?
Answer: The global laser hair removal market is expected to reach an estimated $4.1 billion by 2030.
Q2. What is the growth forecast for ultrafast laser market?
Answer: The global ultrafast laser market is expected to grow with a CAGR of 13.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ultrafast laser market?
Answer: The major drivers for this market are rise in demand for precision engineering in defense sector, growing reduction in size of consumer electronics, as well as, rapid industrialization and the adoption of supportive government regulations encouraging the usage of ultrafast lasers.
Q4. What are the major segments for ultrafast laser market?
Answer: The future of the global ultrafast laser market looks promising with opportunities in the consumer electronics, medical, automotive, aerospace & defense, and industrial markets.
Q5. Who are the key ultrafast laser market companies?
Answer: Some of the key ultrafast laser companies are as follows.
- Amplitude Systemes
- Attodyne
- Coherent
- Dpss Laser
- Fianium
- IMRA America
- Jds Uniphase
- Lumentum
- Trumpf
- Wuhan Huaray Precision Laser
Q6. Which ultrafast laser market segment will be the largest in future?
Answer: Lucintel forecasts that micromachining is expected to witness the highest growth over the forecast period.
Q7. In ultrafast laser market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period because of high per capita healthcare costs combined with a well-developed healthcare system in the US and Canada.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
- Q.1. What are some of the most promising, high-growth opportunities for the ultrafast laser market by type (titanium-sapphire lasers, fiber lasers, mode-locked lasers, diode-pumped bulk lasers, dye lasers, diode lasers, and others), pulse duration (picosecond and femtosecond), application (micromachining, bio-imagin, scientific research, medical device fabrication, cardiovascular stent manufacturing, and others), end use (consumer electronics, medical, automotive, aerospace & defense, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- Q.2. Which segments will grow at a faster pace and why?
- Q.3. Which region will grow at a faster pace and why?
- Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- Q.5. What are the business risks and competitive threats in this market?
- Q.6. What are the emerging trends in this market and the reasons behind them?
- Q.7. What are some of the changing demands of customers in the market?
- Q.8. What are the new developments in the market? Which companies are leading these developments?
- Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Ultrafast Laser Market : Market Dynamics
- 2.1: Introduction, Background, and Classifications
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
- 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
- 3.2. Global Ultrafast Laser Market Trends (2018-2023) and Forecast (2024-2030)
- 3.3: Global Ultrafast Laser Market by Type
- 3.3.1: Titanium-Sapphire Lasers
- 3.3.2: Fiber Lasers
- 3.3.3: Mode-Locked Lasers
- 3.3.4: Diode-Pumped Bulk Lasers
- 3.3.5: Dye Lasers
- 3.3.6: Diode Lasers
- 3.3.7: Others
- 3.4: Global Ultrafast Laser Market by Pulse Duration
- 3.4.1: Picosecond
- 3.4.2: Femtosecond
- 3.5: Global Ultrafast Laser Market by Application
- 3.5.1: Micromachining
- 3.5.2: Bio-Imagin
- 3.5.3: Scientific Research
- 3.5.4: Medical Device Fabrication
- 3.5.5: Cardiovascular Stent Manufacturing
- 3.5.6: Others
- 3.6: Global Ultrafast Laser Market by End Use
- 3.6.1: Consumer Electronics
- 3.6.2: Medical
- 3.6.3: Automotive
- 3.6.4: Aerospace & Defense
- 3.6.5: Industrial
- 3.6.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
- 4.1: Global Ultrafast Laser Market by Region
- 4.2: North American Ultrafast Laser Market
- 4.2.1: North American Ultrafast Laser Market by Application: Micromachining, Bio-Imagin, Scientific Research, Medical Device Fabrication, Cardiovascular Stent Manufacturing, and Others
- 4.2.2: North American Ultrafast Laser Market by End Use: Consumer Electronics, Medical, Automotive, Aerospace & Defense, Industrial, and Others
- 4.3: European Ultrafast Laser Market
- 4.3.1: European Ultrafast Laser Market by Application: Micromachining, Bio-Imagin, Scientific Research, Medical Device Fabrication, Cardiovascular Stent Manufacturing, and Others
- 4.3.2: European Ultrafast Laser Market by End Use: Consumer Electronics, Medical, Automotive, Aerospace & Defense, Industrial, and Others
- 4.4: APAC Ultrafast Laser Market
- 4.4.1: APAC Ultrafast Laser Market by Application: Micromachining, Bio-Imagin, Scientific Research, Medical Device Fabrication, Cardiovascular Stent Manufacturing, and Others
- 4.4.2: APAC Ultrafast Laser Market by End Use: Consumer Electronics, Medical, Automotive, Aerospace & Defense, Industrial, and Others
- 4.5: ROW Ultrafast Laser Market
- 4.5.1: ROW Ultrafast Laser Market by Application: Micromachining, Bio-Imagin, Scientific Research, Medical Device Fabrication, Cardiovascular Stent Manufacturing, and Others
- 4.5.2: ROW Ultrafast Laser Market by End Use: Consumer Electronics, Medical, Automotive, Aerospace & Defense, Industrial, and Others
5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Operational Integration
- 5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
- 6.1: Growth Opportunity Analysis
- 6.1.1: Growth Opportunities for the Global Ultrafast Laser Market by Type
- 6.1.2: Growth Opportunities for the Global Ultrafast Laser Market by Pulse Duration
- 6.1.3: Growth Opportunities for the Global Ultrafast Laser Market by Application
- 6.1.4: Growth Opportunities for the Global Ultrafast Laser Market by End Use
- 6.1.5: Growth Opportunities for the Global Ultrafast Laser Market by Region
- 6.2: Emerging Trends in the Global Ultrafast Laser Market
- 6.3: Strategic Analysis
- 6.3.1: New Product Development
- 6.3.2: Capacity Expansion of the Global Ultrafast Laser Market
- 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ultrafast Laser Market
- 6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
- 7.1: Amplitude Systemes
- 7.2: Attodyne
- 7.3: Coherent
- 7.4: Dpss Laser
- 7.5: Fianium
- 7.6: IMRA America
- 7.7: Jds Uniphase
- 7.8: Lumentum
- 7.9: TRUMPF
- 7.10: Wuhan Huaray Precision Laser