Gas Lasers Market Research Report To 2020: Grand View Research, Inc
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Growing demand for technologically advanced machining tools and equipment is the key factor that drives the growth of gas lasers market. Increased adoption of advanced and precise manufacturing processes has led to a rise in use of lasers for machining or processing, and is expected to positively impact the gas lasers market growth over the forecast period. Gas lasers are known for accurate high speed process capabilities as compared to the conventional techniques. Therefore, gas lasers are used widely across manufacturing processes which is also expected to fuel market demand. Precision processing, easy automation, non-contact processing, and high power density are a few factors that may spur the gas lasers market demand over the forecast period.
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Gas lasers applications include automotive, aerospace, medical and healthcare, electronic packaging, and several Original Equipment Manufacturers (OEMs). Rise in number of applications across the microelectronics and medical segment is estimated to favorably impact the gas lasers market growth over the next few years. Gas lasers are also used in applications such as He-Ne laser in holograms and laser printing, dye laser pumping, and barcode reading.
Gas lasers use helium-neon (He-Ne) mixture, which includes nitrogen, ion laser, argon-ion, carbon dioxide, and carbon monoxide. The He-Ne lasers are widely used as they emit visible light, are affordable, and exhibit good beam quality. The advent of commercial carbon dioxide lasers enhanced with an altered wavelength has driven the gas laser adoption across the flexible food packaging industry. JDS Uniphase Corporation based in the U.S. recently introduced latest versions of He-Ne lasers that find applications in medical research, semiconductor inspection and reprographics, and speed digital printing process. Strategies for low-cost manufacturing along with rising number of automotive industries and Original Equipment Manufacturers (OEMs) in developing economies such as China and India are also expected to drive the gas lasers market growth. However, high cost of ownership including initial investment, implementation, maintenance, and lack of technical expertise to execute laser processing safely are expected to hinder the gas lasers market growth.
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Major market participants providing gas lasers equipment include Eurolaser GMBH, Coherent, Inc., Laserstar Technologies, JDS Uniphase Corporation, Linde Group, Trumpf Group, PaR Systems (Pty) Ltd., MS Technologies AG, and Yokogawa.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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