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29-Apr-2015

Strategies Unlimited: Global laser market with growth

A new report foresees revenue growth of 5.5 percent from 2013 to 2019 for the total laser market, bolstered by double-digit CAGR in display and lightshow laser revenue. With many promising technology and application trends, 2014 was a fantastic year for laser revenue growth, and besides displays, many segments including sensors, medical, photolithography, and large materials processing had growth rates above average.

Outcomes for the laser market in 2014 were relatively strong, given that the global economic climate is still slowly recovering from a strong recession in some regions of the world. Still, not only did some of the smaller sectors experience strong growth, which is true in most years, but most encouraging was very strong growth in the larger sectors. The communications and high-power industrial segments, both with over $1B in annual revenue, grew by 7 percent or more in 2014.

In the forecast period to 2019, Strategies Unlimited anticipates that high-power diodes as well as fiber lasers will be the fastest growing laser types in terms of revenue. This isn’t surprising, seeing as they both are reliable, have a long life, their prices are dropping, and they are very energy efficient. Fiber and direct diode lasers are both important in the industrial area and are replacing other laser types. Fiber lasers are slowly replacing CO2 lasers, and high-power diode lasers are replacing many other types of lasers, including solid-state lasers used in laser lightshows.

More information:
www.strategies-u.com

 
 
 
 
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That was LASER World of PHOTONICS 2017

That was LASER World of PHOTONICS 2017

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That was LASER World of PHOTONICS 2017

That was LASER World of PHOTONICS 2017

Full halls, constructive discussions and positive feedback. Experience the highlights of the 2017 exhibition all over again.

That was LASER World of PHOTONICS 2017

Full halls, constructive discussions and positive feedback. Experience the highlights of the 2017 exhibition all over again.

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Whether it comes to fair-related news, industry knowledge or background information: We always keep you up to date—all year long and on all channels.

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What the world’s leading trade fair has to offer

What the world’s leading trade fair has to offer

What is the focus? Who participates? How do you profit? Here you find the most important information about the world’s leading trade fair for photonics.

What the world’s leading trade fair has to offer

What the world’s leading trade fair has to offer

What is the focus? Who participates? How do you profit? Here you find the most important information about the world’s leading trade fair for photonics.

What the world’s leading trade fair has to offer

What is the focus? Who participates? How do you profit? Here you find the most important information about the world’s leading trade fair for photonics.