Solid State Lasers Market: Growth Opportunities and forecast 2025 Laser or light amplification by stimulated emission of radiation is a device which emits electromagnetic radiation, in the form of light, by optically amplifying the same. A laser is generally composed of a gain medium, a pumping mechanism for energizing the gain medium and optical mirrors or similar instruments for providing an optical feedback. Lasers can vary, based on the gain medium used to generate light. Solid state lasers utilize a solid as the medium, rather than liquids or gases. Solid state lasers market has quite low growth rate, owing to their high market penetration. The market for solid state lasers is primarily being driven by the growing demand for pulsed lasers for various healthcare applications. Various cosmetic procedures, such as skin resurfacing, melasma treatment and scar removal among others utilize Nd:YAG based solid state pulsed lasers. Heightening demand for such procedures, across the globe, has been driving the growth of solid state lasers market globally. Obtain Report Details @ http://www.transparencymarketresearch.com/solid-state-lasers-market.html Additionally, the application of solid state lasers has been growing at a steady pace in the aerospace and defense sector. Solid state lasers have several applications in this sector, such as laser weapon systems. Such systems can be utilized for destruction of a target or for disabling the security systems of immobilizing the target. Furthermore, higher usage of solid state lasers for laser marking systems has also been driving the market forward. However, the saturated nature of the market and relatively higher price, compared to other type of lasers, has been restraining the growth of the market. With the widening of application areas and higher usage in healthcare industry, the growth opportunities for solid state lasers is also expected to widen, during the forecast period. On the basis of type, the market for solid state lasers has been segmented into continuous wave lasers and pulsed solid state lasers. By light source, the market for solid state lasers has been segmented into laser diode, arc lamp and others. Laser diode was the largest segment by revenue, in 2016, owing to their higher efficiency and relatively lesser ownership cost. By end-use industry, the market has been segmented into aerospace & defense, healthcare and others. On the basis of region, the global solid state lasers market has been segmented into North America,
Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Revenue wise, North America was the largest region in 2016, followed by Europe and Asia Pacific. Make an Enquiry@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21983 The major companies of the solid state lasers market globally are Coherent Inc. (The U.S.), Northrop Grumman Corporation (The U.S.) The Trumpf Group (Germany), ALLTEC (Subsidiary of Danaher Corporation) (Germany), Jenoptik AG (Germany), Photonics Industries International, Inc. (The U.S.), and Han’s Laser Technology (China) among various other companies. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030
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