Report Scope:
The scope of this report includes an overview of the global ultrafast lasers market as well as the analysis of global market trends, with data from 2020 and 2021, the latter considered the base year, as well as estimates for 2022 through 2027, with projections of CAGR in the forecast period. Revenue forecasts for this period are segmented based on laser type, pulse duration, application, industry, and geography.
In addition to industry and competitive analyses of the ultrafast lasers market, this report includes patent analyses as well as company profiles of key market players.
Report Includes:
- 51 data tables and 19 additional tables
- An overview and up-to-date analysis of the global markets for ultrafast lasers and technologies
- Analyses of the global market trends, with historic market revenue (sales figures) for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for global ultrafast lasers market in USD million values, and corresponding market share analysis based on type of laser, pulse duration, application, end-user industry, and region
- Understanding of the upcoming market opportunities for ultrafast lasers and innovation-driven applications market highlights, and the major regions and countries involved in such developments
- Information on the industry value chain analysis providing a systematic study of key intermediaries involved that could further assist stakeholders in formulating appropriate strategies
- Review of the published ultrafast lasers related patents and patent applications across various regions and key countries
- Insight into the recent industry structure for ultrafast lasers, ongoing research activities, and analysis of the competitive landscape based on recent developments and segmental revenues
- Company profiles of the major global players, including Coherent Inc., DPSS Laser Inc., Epilog Laser, IMRA America Inc., Jenoptik Laser GmbH, Laser Quantum Ltd. (Novanta), Menlo Systems, and Trumpf GmbH + Co. KG
Summary:
Lasers produce high-intensity light beams that are coherent, monochromatic and highly collimated. Laser beams are extremely pure in comparison to other sources of light, with all of their photons (energy) having a fixed phase relationship with respect to each other. Ultrafast lasers are defined by time durations ranging from 1 picosecond to 100 femtoseconds. Lasers have evolved over time to provide optical pulses arranged for a specific operation at high bit rates.
Ultrafast or ultrashort pulse lasers have become essential manufacturing tools across industries, such as automotive, medical device and consumer electronics, due to advantages such as enhanced dimensional accuracy, tighter tolerances and elimination of post-processing steps. Industries have moved from laser cut technology to ultrafast laser technology for machining accuracy, thereby enabling early time to the market. Although these lasers' equipment (typically in the form of oscillators and amplifiers) tend to have high initial costs, the improvement in process precision reduces the overall time and operating cost for the production line, which is the primary reason for the high adoption of this equipment in material processing applications.
This report classifies ultrafast lasers based on their usage and practical applications. Fiber lasers are widely used in materials processing, telecommunications, spectroscopy, healthcare, and directed energy weapons operations. These lasers have largely replaced other traditional ultrafast lasers in recent years due to features such as high optical quality, high output power and high vibration reliability. Ultrafast lasers have not only enabled automobile manufacturers to meet various regulations but have also helped them achieve small-sized, high-precision products made out of diverse materials, including ceramic, glass, etc.
Factors that support the growth of ultrafast lasers include their unmatched high-range intensity due to their low divergence angles as well as minimal energy loss during use. Although there are both large and small competitors in various regions, there are currently no substitutions for ultrafast lasers, and this is expected to remain the case in the near future.
Ultrafast Lasers: Technologies and Global Markets
Table of Contents
Chapter 1 Introduction
1.1 Overview
1.2 Study Goals and Objectives
1.3 Reasons for Doing the Study
1.4 What's New in This Update?
1.5 Scope of Report
1.6 Intended Audience
1.7 Information Sources
1.8 Research Methodology
1.9 Geographic Breakdown
1.10 Analyst's Credentials
1.11 BCC Custom Research
1.12 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
3.1 Introduction
3.2 Evolution of Ultrafast Lasers
3.3 Value Chain Analysis
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Consumers
3.4.3 Threat of New Entrants
3.4.4 Competitive Rivalry
3.4.5 Threat of Substitutes
3.5 Future Outlook
3.6 Impact of COVID-19 on the Market
Chapter 4 Market Dynamics
4.1 Overview
4.1.1 Market Drivers
4.1.2 Market Restraints
4.1.3 Market Opportunities
4.1.4 Market Challenges
Chapter 5 Market Breakdown by Type of Laser
5.1 Overview
5.2 Fiber Lasers
5.3 Diode-Pumped Lasers
5.4 Titanium-Sapphire Lasers
5.5 Mode-Locked Diode Lasers
Chapter 6 Market Breakdown by Pulse Duration
6.1 Overview
6.2 Picosecond
6.3 Femtosecond
Chapter 7 Market Breakdown by Application
7.1 Overview
7.2 Biomedical
7.3 Materials Processing
7.4 Spectroscopy and Imaging
7.5 Science and Research
7.6 Others
Chapter 8 Market Breakdown by Industry
8.1 Overview
8.2 Consumer Electronics
8.3 Medical
8.4 Automotive
8.5 Aerospace and Defense
8.6 Research
Chapter 9 Market Breakdown by Region
9.1 Overview
9.2 North America
9.3 Europe
9.4 Asia-Pacific
9.5 Latin America
9.6 Middle East and Africa
Chapter 10 Patent Analysis
10.1 Overview
10.2 Geographical Patterns
Chapter 11 Company Profiles
AMPLITUDE LASER INC.
ATTODYNE INC.
CLARK-MXR INC.
COHERENT INC. (II-VI INC.)
DPSS LASER INC.
EKSPLA
EPILOG LASER
FEMTO BLANC INC.
IMRA AMERICA INC.
IPG PHOTONICS CORP.
JENOPTIK LASER GMBH
KMLABS
LASER QUANTUM LTD. (NOVANTA)
LIGHT CONVERSION LTD.
LUMENTUM HOLDINGS INC.
MENLO SYSTEMS GMBH
MONTFORT LASER GMBH
NEWPORT CORP. (MKS INSTRUMENTS INC.)
NKT PHOTONICS A/S
PHOTONIC SOLUTIONS LTD.
RESONETICS LLC
RPMC LASERS INC.
SHEAUMANN LASER INC.
SPARK LASERS
TOPTICA PHOTONICS AG
TRUMPF GMBH + CO. KG
ZIEMER GROUP AG
Chapter 12 Appendix: Acronyms
List of Tables
Summary Table A : Global Market for Ultrafast Lasers, by Region, Through 2027
Summary Table B : Global Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 1 : Porter's Five Forces Analysis: Overview
Table 2 : Global Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 3 : Global Market for Fiber Lasers, by Region, Through 2027
Table 4 : Global Market for Diode-Pumped Lasers, by Region, Through 2027
Table 5 : Global Market for Titanium-Sapphire Lasers, by Region, Through 2027
Table 6 : Global Market for Mode-Locked Diode Lasers, by Region, Through 2027
Table 7 : Global Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 8 : Global Market for Picosecond Ultrafast Lasers, by Region, Through 2027
Table 9 : Global Market for Femtosecond Ultrafast Lasers, by Region, Through 2027
Table 10 : Global Market for Ultrafast Lasers, by Application, Through 2027
Table 11 : Global Market for Ultrafast Lasers in Biomedical Applications, by Region, Through 2027
Table 12 : Global Market for Ultrafast Lasers in Material Processing Applications, by Region, Through 2027
Table 13 : Global Market for Ultrafast Lasers in Spectroscopy and Imaging Applications, by Region, Through 2027
Table 14 : Global Market for Ultrafast Lasers in Science and Research Applications, by Region, Through 2027
Table 15 : Global Market for Ultrafast Lasers in Other Applications, by Region, Through 2027
Table 16 : Global Market for Ultrafast Lasers, by Industry, Through 2027
Table 17 : Global Market for Ultrafast Lasers in the Consumer Electronics Industry, by Region, Through 2027
Table 18 : Global Market for Ultrafast Lasers in the Medical Industry, by Region, Through 2027
Table 19 : Global Market for Ultrafast Lasers in the Automotive Industry, by Region, Through 2027
Table 20 : Global Market for Ultrafast Lasers in the Aerospace and Defense Industry, by Region, Through 2027
Table 21 : Global Market for Ultrafast Lasers in the Research Industry, by Region, Through 2027
Table 22 : Global Market for Ultrafast Lasers, by Region, Through 2027
Table 23 : North American Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 24 : North American Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 25 : North American Market for Ultrafast Lasers, by Application, Through 2027
Table 26 : North American Market for Ultrafast Lasers, by Industry, Through 2027
Table 27 : European Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 28 : European Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 29 : European Market for Ultrafast Lasers, by Application, Through 2027
Table 30 : European Market for Ultrafast Lasers, by Industry, Through 2027
Table 31 : Asia-Pacific Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 32 : Asia-Pacific Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 33 : Asia-Pacific Market for Ultrafast Lasers, by Application, Through 2027
Table 34 : Asia-Pacific Market for Ultrafast Lasers, by Industry, Through 2027
Table 35 : Latin American Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 36 : Latin American Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 37 : Latin American Market for Ultrafast Lasers, by Application, Through 2027
Table 38 : Latin American Market for Ultrafast Lasers, by Industry, Through 2027
Table 39 : Middle East and African Market for Ultrafast Lasers, by Type of Laser, Through 2027
Table 40 : Middle East and African Market for Ultrafast Lasers, by Pulse Duration, Through 2027
Table 41 : Middle East and African Market for Ultrafast Lasers, by Application, Through 2027
Table 42 : Middle East and African Market for Ultrafast Lasers, by Industry, Through 2027
Table 43 : Global Patents on Ultrafast Lasers, 2017-2022
Table 44 : Global Patents on Femtosecond Lasers, 2017-2021
Table 45 : Amplitude Laser Inc.: Product Portfolio
Table 46 : Amplitude Laser Inc.: Recent Developments, 2020
Table 47 : Coherent Inc.: Recent Financial Performance, FY 2020-FY 2022
Table 48 : Coherent Inc.: Product Portfolio
Table 49 : Coherent Inc.: Recent Developments, 2020
Table 50 : EKSPLA: Product Portfolio
Table 51 : IPG Photonics Corp.: Recent Financial Performance, FY 2019-FY 2021
Table 52 : IPG Photonics Corp.: Product Portfolio
Table 53 : Jenoptik Laser GmbH: Recent Financial Performance, FY 2019-FY 2021
Table 54 : Jenoptik Laser GmbH: Product Portfolio
Table 55 : Jenoptik Laser GmbH: Recent Developments, 2020
Table 56 : Novanta Inc.: Recent Financial Performance, FY 2019-FY 2021
Table 57 : Laser Quantum Ltd.: Product Portfolio
Table 58 : Light Conversion Ltd.: Product Portfolio
Table 59 : Light Conversion Ltd.: Recent Developments, 2020
Table 60 : Lumentum Holdings Inc.: Recent Financial Performance, 2020-2022
Table 61 : Lumentum Holdings Inc.: Product Portfolio
Table 62 : MKS Instruments Inc.: Recent Financial Performance, FY 2019-FY 2021
Table 63 : Newport Corp.: Product Portfolio
Table 64 : NKT Photonics A/S: Recent Financial Performance, FY 2019-FY 2021
Table 65 : NKT Photonics A/S: Product Portfolio
Table 66 : Trumpf GmbH + Co. KG: Recent Financial Performance, FY 2020-FY 2022
Table 67 : Trumpf GmbH + Co. KG: Product Portfolio
Table 68 : Major Acronyms Used in the Ultrafast Lasers Market
List of Figures
Summary Figure A : Global Market Shares of Ultrafast Lasers, by Region, 2021
Summary Figure B : Global Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 1 : Evolution of Ultrafast Lasers
Figure 2 : Value Chain of the Market for Ultrafast Lasers
Figure 3 : Market for Ultrafast Lasers: Porter's Five Forces Analysis
Figure 4 : Market for Ultrafast Lasers: Bargaining Power of Suppliers
Figure 5 : Market for Ultrafast Lasers: Bargaining Power of Consumers
Figure 6 : Market for Ultrafast Lasers: Threat of New Entrants
Figure 7 : Market for Ultrafast Lasers: Competitive Rivalry
Figure 8 : Global Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 9 : Global Market Shares of Fiber Lasers, by Region, 2021
Figure 10 : Global Market Shares of Diode-Pumped Lasers, by Region, 2021
Figure 11 : Global Market Shares of Titanium-Sapphire Lasers, by Region, 2021
Figure 12 : Global Market Shares of Mode-Locked Diode Lasers, by Region, 2021
Figure 13 : Global Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 14 : Global Market Shares of Picosecond Ultrafast Lasers, by Region, 2021
Figure 15 : Global Market Shares of Femtosecond Ultrafast Lasers, by Region, 2021
Figure 16 : Global Market Shares of Ultrafast Lasers, by Application, 2021
Figure 17 : Global Market Shares of Ultrafast Lasers in Biomedical Applications, by Region, 2021
Figure 18 : Global Market Shares of Ultrafast Lasers in Material Processing Applications, by Region, 2021
Figure 19 : Global Market Shares of Ultrafast Lasers in Spectroscopy and Imaging Applications, by Region, 2021
Figure 20 : Global Market Shares of Ultrafast Lasers in Science and Research Applications, by Region, 2021
Figure 21 : Global Market Shares of Ultrafast Lasers in Other Applications, by Region, 2021
Figure 22 : Global Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 23 : Global Market Shares of Ultrafast Lasers in the Consumer Electronics Industry, by Region, 2021
Figure 24 : Global Market Shares of Ultrafast Lasers in the Medical Industry, by Region, 2021
Figure 25 : Global Market Shares of Ultrafast Lasers in the Automotive Industry, by Region, 2021
Figure 26 : Global Market Shares of Ultrafast Lasers in the Aerospace and Defense Industry, by Region, 2021
Figure 27 : Global Market Shares of Ultrafast Lasers in the Research Industry, by Region, 2021
Figure 28 : Global Market Shares of Ultrafast Lasers, by Region, 2021
Figure 29 : North American Market for Ultrafast Lasers Share, by Type of Laser, 2021
Figure 30 : North American Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 31 : North American Market Shares of Ultrafast Lasers, by Application, 2021
Figure 32 : North American Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 33 : European Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 34 : European Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 35 : European Market Shares of Ultrafast Lasers, by Application, 2021
Figure 36 : European Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 37 : Asia-Pacific Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 38 : Asia-Pacific Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 39 : Asia-Pacific Market Shares of Ultrafast Lasers, by Application, 2021
Figure 40 : Asia-Pacific Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 41 : Latin American Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 42 : Latin American Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 43 : Latin American Market Shares of Ultrafast Lasers, by Application, 2021
Figure 44 : Latin American Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 45 : Middle East and African Market Shares of Ultrafast Lasers, by Type of Laser, 2021
Figure 46 : Middle East and African Market Shares of Ultrafast Lasers, by Pulse Duration, 2021
Figure 47 : Middle East and African Market Shares of Ultrafast Lasers, by Application, 2021
Figure 48 : Middle East and African Market Shares of Ultrafast Lasers, by Industry, 2021
Figure 49 : Distribution of Ultrafast Laser-Related Patents and Patent Applications, by Applicant's Country, 2017-2022
Figure 50 : Coherent Inc.: Revenue Share, by Business Segment, FY 2022
Figure 51 : IPG Photonics Corp.: Revenue Share, by Business Segment, FY 2021
Figure 52 : IPG Photonics Corp.: Revenue Share, by Application Segment, FY 2021
Figure 53 : IPG Photonics Corp.: Revenue Share, by Geography, FY 2021
Figure 54 : Jenoptik Laser GmbH: Revenue Share, by Target Market, FY 2021
Figure 55 : Jenoptik Laser GmbH: Revenue Share, by Geography, FY 2021
Figure 56 : Novanta Inc.: Revenue Share, by Business Segment, FY 2021
Figure 57 : Novanta Inc.: Revenue Share, by End Market, FY 2021
Figure 58 : Novanta Inc.: Revenue Share, by Geography, FY 2021
Figure 59 : Lumentum Holdings Inc.: Revenue Share, by Business Segment, FY 2021
Figure 60 : Lumentum Holdings Inc.: Revenue Share, by Geography, FY 2021
Figure 61 : MKS Instruments Inc.: Revenue Share, by Business Offerings, FY 2021
Figure 62 : MKS Instruments Inc.: Revenue Share, by Business Segment, FY 2021
Figure 63 : MKS Instruments Inc.: Revenue Share, by Geography, FY 2021
Figure 64 : NKT Photonics A/S: Revenue Share, by Business Segment, FY 2021
Figure 65 : NKT Photonics A/S: Revenue Share, by Geography, FY 2021
Figure 66 : Trumpf GmbH + Co. KG: Revenue Share, by Business Segment, FY 2022
Figure 67 : Trumpf GmbH + Co. KG: Revenue Share, by Geography, FY 2022
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