Report Highlights
The global market for ultrafast lasers is estimated to increase from $1.9 billion in 2022 to reach $4.0 billion by 2027, at a compound annual growth rate (CAGR) of 15.9% from 2022 through 2027.
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
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 Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||||||||||||
| Forecast period considered | 2022 to 2027 | ||||||||||||||||||||||||||||
| Base year market size | $1.7 billion | ||||||||||||||||||||||||||||
| Market size forecast | $4.0 billion | ||||||||||||||||||||||||||||
| Growth rate | CAGR of 15.9% for the forecast period of 2022-2027 | ||||||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||||||
| Segments covered | Type of Laser, Pulse Duration, Application, Industry, and Region | ||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa | ||||||||||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Report Highlights
The global ultrafast lasers market should reach $8.1 billion by 2022 from $2.7 billion in 2017 at a compound annual growth rate (CAGR) of 24.7% for the period of 2017 to 2022.
Report Highlights
The global market for ultrafast lasers reached $2.1 billion in 2015. This market is expected to increase from nearly $2.7 billion in 2016 to nearly $7.1 billion in 2021 at a compound annual growth rate (CAGR) of 21.7% for 2016-2021.
Report Highlights
The global market for ultrafast lasers reached $1.2 billion and nearly $2 billion in 2013 and 2014, respectively. This market is expected to reach nearly $5.5 billion in 2019, registering a compound annual growth rate (CAGR) of 23.7% for the period 2014-2019.
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