Quantum Cascade Lasers Market Key Application Areas - Industrial, Medical, Telecommunication, Military & Defense

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Quantum Cascade Lasers Market

• Quantum Cascade Lasers Market by Packaging Type,
  Operation Mode, Fabrication Technology, End-User
  - Global forecast to 2022

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Introduction

• The Global Quantum Cascade Laser (QCL) market is
  expected to grow from USD 302.9 million in 2016
  to USD 374.8 million by 2022 at a CAGR of 3.9
  between 2017 and 2022.
• The report aims at estimating the market size and
  future growth potential of the QCL market based
  on packaging type, operation mode, fabrication
  technology, and geographic analysis.
• The report also aims at providing detailed
  information regarding the major factors
  influencing the growth of the QCL market
  (drivers, restraints, opportunities, and
  industry-specific challenges) and strategically
  analyzes micromarkets with respect to the
  individual growth trends, future prospects, and
  contributions to the total market.
• The base year considered for the study is 2016,
  and the market size forecast is provided for the
  period between 2017 and 2022.

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Key Target Audience

• QCL module designers and manufacturers
• Research organizations and consulting companies
• Associations, forums, and alliances related to
  quantum cascade lasers
• Investors
• Start-up companies
• Raw material suppliers
• Government and other regulatory bodies
• Market research and consulting firms

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QCL to expect demand from emerging applications
apart from conventional gas spectroscopy
applications

• The quantum cascade lasers (QCLs) have
  contributed significantly in gas spectroscopy
  applications.
• The other applications of QCLs, such as breath
  analyzers and infrared countermeasures in the
  military and defense sector, Differential
  Absorption LIDAR (DIAL), Laser Detection and
  Ranging (LADAR), are likely to further drive
  opportunities for the QCL market.
• The demand for a device that can operate in
  mid-infrared wavelength at room temperature and
  having advantages such as compact size, light
  weight, and low-power consuming diode lasers are
  driving the growth of the QCL market

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Market Dynamics

• Drivers
• Usage in gas sensing and chemical
  detection
• Growing demand in medical applications
• Restraints
• High cost of QCL products
• Opportunities
• Opportunity of growth of QCLs usage in
  free-space communication
• Huge potential for growth in military
  applications
• Multiple gas sensing technique will add
  value to QCLs
• Challenges
• Lack of commercialization and requirement
  of skilled labor force to develop QCL products

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  above findings, click Speak to Analyst
• OR
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