Laser Technology Market by 2017

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MarketsandMarkets Presents
Global Laser Technologies, Components
Applications Market worth 19.88 Billion in
2017
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• According to a new market research report Laser
  Technologies, Components Applications Market
  Global Forecast Analysis (2012 2017) the
  total laser market is expected to reach 19.88
  billion by 2017 at a CAGR of 19.2 from 2012 to
  2017.
• Browse 88 tables and in-depth TOC on Laser
  Technologies, Components Applications Market
  Global Forecast Analysis (2012 2017).
• http//www.marketsandmarkets.com/Market-Reports/la
  ser-technologies-in-manufacturing-78.html

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• Since the early period of laser history, laser
  research has produced a variety of improved and
  specialized laser types, optimized for different
  performance goals, including
• new wavelength bands
• maximum average output power
• maximum peak pulse energy
• maximum peak pulse power
• minimum output pulse duration
• maximum power efficiency
• minimum cost
• And this research continues to this day.
• Lasing without maintaining the medium excited
  into a population inversion was discovered in
  1992 in sodium gas and again in 1995 in rubidium
  gas by various international teams. This was
  accomplished by using an external maser to induce
  "optical transparency" in the medium by
  introducing and destructively interfering the
  ground electron transitions between two paths, so
  that the likelihood for the ground electrons to
  absorb any energy has been cancelled.

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• The green lasers can prove to be a vital
  technology in terms cost reduction and output
  power. The laser industry is surging briskly not
  only in terms of technological advances, but also
  in terms of implementation in new applications
  sectors. With the advent of globalization,
  economies have expanded and lasers are used for
  more widespread industrial applications linked to
  automation and next generation technologies.
• The primary factors that are going to drive the
  laser technologies market in the near future are
  increase in military spending, growth in the
  automotive industry, advancement in the
  industrial market, and wide application in
  medical treatment. Laser technology is taking a
  quantum leap in the field of healthcare. Laser
  technology is prevalently used in applications
  like cutting and welding, marking and engraving,
  skin care etc.

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• The new Dynamic Light Spot technology,
  introduced in a concept car called the BMW i8,
  would identify and illuminate perambulators with
  a bright, targeted beam, which would resemble the
  sunlight.
• APAC offers a productive market to laser and
  laser-enabled manufacturers. This can be
  accredited to the developing countries like
  India, China, Korea, etc. The laser market is
  experiencing a paradigm shift from fiber and CO2
  lasers to disc lasers, femtosecond lasers, and
  Quantum cascade lasers wherein the players of
  this market are concentrating on developing
  innovative products.

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