"Smart Strategies, Giving Speed to your Growth Trajectory"

Ultrafast Laser Market Size, Share, and COVID-19 Impact Analysis, By Type (Diode- Pumped Lasers, Mode- Locked Diode Lasers, Titanium-Sapphire Lasers, Fiber Lasers), By Pulse (Picosecond, Femtosecond), By Application (Consumer Electronics, Industrial, Automotive, Medical and Scientific, Manufacturing, Others), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107202 | Status : Ongoing

 

KEY MARKET INSIGHTS

Laser is an acronym of light amplification by stimulated emission of production. Lasers are powerful light beams that emit light through a process of optical amplification based on stimulated emission of electromagnetic radiation.


Ultrafast lasers produce very short pulses in the range of 5 fs (femtoseconds) to 100 ps (picoseconds). These lasers are currently used for fundamental research and practical applications. They are based on mode-locking technique to form a train of pulses and have been recently successful due to relatively new developments in photonics.

Industries are moving from laser-cut technology to ultrafast technology for machining accuracy to enable earlier marketing of their products. Besides, micromachining is one of the primary reasons that drives the growth of the ultrafast laser market. Although, laser equipment tends to have high initial costs, improvement in process precision decreases the operating cost and overall time for production, which drives its implementation in material processing applications.

Furthermore, technological advancements in industries, such as automobiles, healthcare, consumer electronics, networking and telecom, and computing, created the need for small and robust electronic devices. These portable electronic equipment demand precise dimensional accuracy for components. This is anticipated to increase the demand for fabrication materials needed to develop components with precise dimensional accuracy.

The most significant feature of ultrafast laser processing is that it reduces heat diffusion to the surrounding regions of the processed area and is well adaptable to high-quality microfabrication of soft materials such as biological tissues and hard or brittle materials, including semiconductor and insulators without HAZ formation. For instance,

September 2022: 3D Systems expanded its industry leading materials portfolio with the introduction of new production grade material, Figure 4 Tough Clear and DuraForm PAx Black, designed for long-lasting performance. These materials provide long-lasting mechanical performance making them ideal for various applications in industries.

Impact of COVID-19 on the Ultrafast Laser Market


The market has been negatively impacted due to the outbreak of COVID-19. During pandemic, manufacturing processes across the world were temporarily closed to combat the spread of coronavirus, and social distancing norms were imposed by governments across the world. This led to closure of manufacturing units, resulting in logistic issues. However, the supply of ultrafast laser system in defense and medical sectors was in demand even at the time of pandemic.

Key Insights


The report will cover the following key insights:


  • Micro & macroeconomic indicators

  • Drivers, restraints, trends, and opportunities

  • Business strategies adopted by the players

  • Impact of COVID-19 on the ultrafast laser market

  • Consolidated SWOT analysis of key players


Analysis by Application


Based on application, the market has been segmented into consumer electronics, industrial, automotive, medical and scientific, manufacturing, and others. Application of ultrafast laser is gradually expanding into various industries due to its advantages and affordability. Moreover, it is estimated that increase in demand for ultrafast lasers would be driven by the need to have a competitive edge in terms of device performance, mainly in niche areas with high revenue potential such as consumer electronics.

Regional Analysis


To gain extensive insights into the market, Request for Customization


The global ultrafast laser market is divided into five regions, North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Europe holds the maximum ultrafast laser market share due to broad applications in medicine, manufacturing, and national security. Additionally, the rising demand for ultrafast lasers from the biological and biomedical sector is increasing the ultrafast laser market growth. In addition, Asia Pacific is the fastest growing region in the ultrafast laser market. The demand from metal processing industries and developing healthcare infrastructure drives the growth of the market in Asia Pacific.

The distribution of the global ultrafast laser market by region of origin is as follows:


  • Asia Pacific –26%

  • North America – 16%

  • Europe – 49%

  • Middle East and Africa – 6%

  • South America – 3%


Key Players Covered


The key players in the market include Amplitude Group, Coherent Inc., Ekspla, MKS Instruments Inc., Jenoptik Laser GmbH, NKT Photonics A/S, Spark Lasers, Fluence, Laser Quantum, KMLabs, IPG Photonics, Resonetics, Newport Corporation, Thorlabs, Inc., and others.

Segmentation


















By Type


By Pulse


By Application


By Geography



  • Diode - Pumped Lasers

  • Mode- Locked Diode Lasers

  • Titanium-Sapphire Lasers

  • Fiber Lasers




  • Picosecond

  • Femtosecond




  • Consumer Electronics

  • Industrial

  • Automotive

  • Medical and Scientific

  • Manufacturing

  • Others




  • North America (U.S., Canada, and Mexico)

  • Europe (U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of MEA)

  • South America (Brazil, Argentina, and Rest of South America



Key Industry Developments



  • September 2022: Lensar Inc. released Application for Certification of the Ally Adaptive Cataract Treatment System in the European Union.

  • January 2022: Fluence Technology released Halite, a series of class-leading femtosecond lasers, to offer cost-efficient solutions for TPEF applications.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Lg
Panasonic
Fujitsu
Softbank
Kpmg

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X