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Mid Infrared Lasers Market

Mid-Infrared Lasers Market Forecasts to 2028 – Global Analysis By Wavelength Type (Tunable, Fixed), Type (Gas Laser, CO2 Laser), End User (Chemicals, Military, Aerospace & Defense) and By Geography

4.8 (59 reviews)
Published: December 2021 ID: SMRC21211
4.8 (59 reviews)
Published: December 2021 ID: SMRC21211

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Mid-Infrared Lasers Market is accounted for $747.60 million in 2020 and is expected to reach $1,467.91 million by 2028 growing at a CAGR of 8.8% during the forecast period. Increasing demand for laser-spectroscopic systems and rising adoption across environment monitoring are driving the market growth. However, IR lasers heavy weight is hampering the growth of the market.

The mid infrared light amplification by stimulated emission of radiation is the type of laser that operates in the infrared region concentrating light at a single point. Mid-infrared laser sources are light sources emitting mid-infrared radiation in the form of a laser-like beam which range from 5 to (25-40) microns. Lasers in this range are used for eye treatments, which release radiations that are safe for eyes, where light is largely absorbed by the cornea and lens, without reaching the retina.

Based on the application, the spectroscopy segment is going to have lucrative growth during the forecast period owing to the rise in demand for laser-spectroscopic systems in laboratories for various applications, ranging from environmental and industrial to medical and forensic fields.

By geography, Asia Pacific is going to have high growth during the forecast period as Asia Pacific is one of the major hubs for industrial and manufacturing industries. Mid-infrared lasers are used in applications such as air quality monitoring, emission monitoring, and leak detectors among others which is also expected to offer lucrative expansion opportunities for the mid-infrared laser market across different parts of Asia Pacific.

Some of the key players profiled in the Mid-Infrared Lasers Market include Quantronix Corporation, Ekspla, Time-Bandwidth Products AG, Menlo Systems GmbH, Toptica Photonics AG, Rofin-Baasel UK Ltd., Thermo Fisher Scientific Inc., Alpes Lasers S.A., IMRA America Inc., AMS Technologies AG, Boston Electronics Corporation, Hamamatsu Photonics Kk, Genia Photonics Inc. and Fianium Ltd.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 747.60 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

8.8%

Predicted 2028 Value:

USD 1,467.91 million

Forecast Years:

2021-2028

Tables, Graphs & Figures

244

Chapters Covered:

Wavelength Type, Application, Type, End User and Region

Core Drivers and Opportunities:

  • Increasing demand for laser-spectroscopic systems
  • Rising adoption across environment monitoring

Restraining Factors & Market Threats:

  • IR lasers heavy weight


Wavelength Types Covered:
• Tunable Mid-Infrared (IR) Lasers
• Broadband Mid-Infrared (IR) Lasers
• Fixed Mid-Infrared (IR) Lasers

Applications  Covered:
• Noninvasive Medical Diagnostics
• Free Space Communication
• Spectroscopy
• Remote Sensing
• Laser Scalpel

Types Covered:
• Burettes
• Consumables
• Gas Laser
• CO2 Laser
• Software
• Microplate Washers
• Pipettes
• Mid-Infrared (IR) Fiber Lasers
• Microplate Reagent Dispenser
• Liquid Handling Workstations
• Mid-Infrared (IR) Supercontinuum Laser
• Free Electron Based Mid-Infrared (IR) Laser
• Non-Linear Frequency Mid-Infrared (IR) Laser (Parametric Amplification)
• Solid State Laser (Doped Insulator Laser)
• Semiconductor Laser

End Users Covered:
• Chemicals
• Military, Aerospace & Defense
• Healthcare
• Research Institutions
• Environment & Energy Protection
• Medical/Forensics Laboratories
• Pharmaceutical Companies

 Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Mid-Infrared Lasers Market is majorly driven by the increasing demand for laser-spectroscopic systems and rising adoption across environment monitoring.

The spectroscopy segment is growing at a highest CAGR owing to the rise in demand for laser-spectroscopic systems in laboratories for various applications, ranging from environmental and industrial to medical and forensic fields.

North America dominated with a significant market share the availability of lasers with fixed or tunable wavelengths in order to be utilized in different applications in the region.

Asia Pacific market is growing at a highest CAGR Asia Pacific is one of the major hubs for industrial and manufacturing industries.

Key players in Mid-Infrared Lasers Market include Quantronix Corporation, Ekspla, Time-Bandwidth Products AG, Menlo Systems GmbH, Toptica Photonics AG, Rofin-Baasel UK Ltd., Thermo Fisher Scientific Inc., Alpes Lasers S.A., IMRA America Inc., AMS Technologies AG, Boston Electronics Corporation, Hamamatsu Photonics Kk, Genia Photonics Inc. and Fianium Ltd.

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