Global Metal Processing Ultrafast Lasers Market Report to 2027 - Featuring JENOPTIK, IPG Photonics and Coherent Among Others - ResearchAndMarkets.com
The "Global Metal Processing Ultrafast Lasers Market Size & Share to 2027" report has been added to ResearchAndMarkets.com's offering.
Metal processing ultrafast lasers possess unique ability to deliver high peak power without thermal damage which makes them suited for micromachining. It can produce extremely short pulses of light but with high peak powers. In industries, such lasers are employed for precise processing of various metals, ceramics, fiber- reinforced, and semiconductors.
Companies Mentioned
- Amplitude Laser
- Trumpf Gmbh Co. KG
- NKT Photonics
- Newport Corp
- Lumentum Operations LLC
- KSPLA
- JENOPTIK AG
- IPG Photonics Corp
- Coherent Inc.
- Wuhan Huaray Ultrafast Fiber Laser Technology Co. Ltd.
Market Drivers
The increase in demand for ultrafast laser across various industrial applications is one of the key driving factors which expected to boost the global metal processing ultrafast lasers market growth. Furthermore, growing need for cost-efficient solutions for micromachining will positively influence the market growth.
The North America region holds the largest market share across the world followed by Europe, and Asia Pacific region. The Canada and United State are dominating the North America market due to the growing adoption of ultrafast lasers and continuous technological enhancements in the region. In addition, the growing adoption of metal processing ultrafast lasers across the globe will propel the global metal processing ultrafast lasers market over the forecast period.
Market Restraints
Manufacturing complexities is the major restraining factor which expected to hamper the global metal processing ultrafast lasers market growth.
Market Segmentation
By Type
- Diode-Pumped Lasers
- Mode-Locked Diode Lasers
- Titanium-Sapphire Lasers
- Fiber Lasers
- Others
By Pulse Duration
- Picosecond
- Femtosecond
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Metal Processing Ultrafast Lasers Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220725005626/en/