Global Picosecond Lasers Market Growth 2023-2029
A picosecond laser is a laser which emits optical pulses with a duration between 1 ps and (usually) some tens of picoseconds. It thus also belongs to the category of ultrafast lasers or ultrashort pulse lasers.
LPI (LP Information)' newest research report, the “Picosecond Lasers Industry Forecast” looks at past sales and reviews total world Picosecond Lasers sales in 2022, providing a comprehensive analysis by region and market sector of projected Picosecond Lasers sales for 2023 through 2029. With Picosecond Lasers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Picosecond Lasers industry.
This Insight Report provides a comprehensive analysis of the global Picosecond Lasers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Picosecond Lasers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Picosecond Lasers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Picosecond Lasers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Picosecond Lasers.
The global Picosecond Lasers market size is projected to grow from US$ 1653.2 million in 2022 to US$ 6647.6 million in 2029; it is expected to grow at a CAGR of 6647.6 from 2023 to 2029.
Picosecond Lasers are mainly classified into the following types: <50W, 50-100W and >100W. <50W Segment accounted for the larger part of the revenue market, with 57.96% in 2019, followed by 50-100W (21.07%) and >100W (20.97%).
Picosecond Lasers have wide range of applications, such as Micromachining/Material Processing, Medical and Aesthetic, Scientific Research and Military, etc. Micromachining/Material Processing Field consumed a larger part, with 46.92% of the sales volume share in 2019.
Trumpf, Coherent, MSK Instruments (Spectra-Physics), IPG Photonics and NKT Photonics are the Top 5 players of the global market. They took up about 76.69% of the global market in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Picosecond Lasers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Below 50W
50-100W
Above 100W
Segmentation by application
Scientific Research and Military
Medical and Aesthetic
Micromachining/Material Processing
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Trumpf
Coherent
MKS Instruments (Spectra-Physics)
IPG Photonics
NKT Photonics
Lumentum
EKSPLA
Grace Laser
YSL PHOTONICS
Wuhan Huaray Precision Laser
Key Questions Addressed in this Report
What is the 10-year outlook for the global Picosecond Lasers market?
What factors are driving Picosecond Lasers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Picosecond Lasers market opportunities vary by end market size?
How does Picosecond Lasers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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