Global Players Dominate the Market Holding ~50% Revenue Share Despite the Presence of about ~200 Competitors Comprising a Significant Number of Regional Players and Country-Niche Players, finds a recent market study on the Global Ultrafast Lasers Market.
Ultrafast Lasers are lasers, which emit optical pulses i.e. flash of light for an ultrashort duration such as picosecond (10-12 seconds) or femtosecond (10−15 seconds) time. There are different types of ultrafast lasers such as mode-locked lasers, titanium-sapphire lasers, and more which are widely deployed in consumer electronics, medical, automotive, aerospace & defense, and industrial end-user industries for micromachining, bioimaging, and medical device fabrication purposes.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
Global Players Constitute ~10% of the Total Number of Competitors, While Country Niche Players Dominate Representing ~60% of Total Competitors.
A comprehensive competitive analysis conducted during the Research Study found that the Global Ultrafast Lasers Market is significantly competitive with ~200 players, including globally diversified players, regional players, and a significant number of country-niche players with their niche in Ultrafast Lasers manufacturing. The majority of the global Ultrafast Lasers companies, including Amplitude Laser, Coherent Inc., DPSS Lasers Inc., TRUMPF, and Ekspla maintained their leading positions during the forecast period.
- In June 2019, Amplitude Laser launched Tangor 300, which is a high-performance laser capable of producing pulses with an energy of up to 1000 J and a recurrence rate of 40 MHz. Furthermore, users are also able to use the new ultrafast laser for multiple machining procedures due to its ideal productivity and quality ratio.
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Rising Demand For Ultrafast Lasers From Consumer Electronics For Dimensional Accuracy Is Providing New Growth Opportunities
Detailed comparative analysis of key competitors available within the Research Study shows that the rising demand for ultrafast lasers from consumer electronics for dimensional accuracy which means the degree to which a printed object matches the dimensions and specifications of the original file is providing new opportunities for the Ultrafast Lasers market.
- In March 2019, Lumentum Operations LLC highlights its next-generation optical networking solutions at OFC that include their products such as high-speed laser chips DMLs, EMLs, and VCSELs that are used for 3d sensing and dimensional accuracy purposes.
- In January 2020, NKT Photonics launched its new product SuperK FIANIUM which is a pulsed supercontinuum laser. It is used to upgrade electronic devices as well as its new fiber technology gives users improved performance and reliability.
Increasing Government Initiatives and Policies propelling the growth of the Global Ultrafast Lasers Market
- In October 2020, the United States Department of Energy (DOE) launched a plan called LaserNetUS under which they have funded US$ 18 million for operations and user support in high-intensity laser facilities at national laboratories and universities across the United States and Canada.
- In September 2021, the United Kingdom government invested more than US$ 85 million in laser and radio frequency weapons, the laser technology will reduce the risk of collateral damage as well as significantly reduce operating costs, which increase platform endurance and provide new offensive and defensive flexibility on the battlefield.
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Key Topics Covered in the Report
- Snapshot of Global Ultrafast Lasers Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Ultrafast Lasers Market
- Historic Growth of the Overall Global Ultrafast Lasers Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Ultrafast Lasers Industry
- Overview, Product Offerings, and Strategic Developments of Key Competitors
- COVID-19 Impact on the Overall Global Ultrafast Lasers Market
- Future Market Forecast and Growth Rates of the Total Global Ultrafast Lasers Market and by Segments
- Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
- Analysis of the Global Ultrafast Lasers Market
- Major Production/Supply and Consumption/Demand Hubs within Each Major Country
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
Key Competitors Mention in the Report
- Amplitude Laser
- Coherent Inc.
- DPSS Lasers Inc.
- TRUMPF
- Ekspla
- MKS Instruments Inc.
- Jenoptik Laser GmbH
- IMRA America
- Lumentum Holdings
- IPG Photonics
Notable Emerging Companies Mentioned in the Report
- Nostics
- Marvel Fusion
- LongPath Technologies
- QLM TECHNOLOGY LTD
- Nuburu
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Ultrafast Lasers Manufacturers
- Ultrafast Lasers Raw Material Suppliers
- Ultrafast Lasers Products Manufacturers
- Ultrafast Lasers Industry Association
- Ultrafast Lasers Companies
- Distributors of Ultrafast Lasers
- Ultrafast Lasers Marketing Companies
- Venture Capitalists Targeting Ultrafast Lasers Industry
- Contract Manufacturing Organizations of Ultrafast Laser Device (CMOs)
- Original Equipment Manufacturers (OEMs) of Ultrafast Laser Devices
- Government Ministries and Departments of Electronics
Time Period Captured in the Report
- Historical Period: 2017-202
- Forecast Period: 2022E-2028F
For more insights on the market intelligence, refer to the link below:-
Global Ultrafast Lasers Market
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