+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Ultrafast Lasers Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Type, Application, Pulse Duration, End-User Region

  • PDF Icon

    Report

  • 150 Pages
  • November 2022
  • Region: Global
  • Ken Research Private Limited
  • ID: 5695708
Ultrafast Lasers are lasers, which emit optical pulses i.e. flash of light for an ultrashort duration such as picosecond (10-12 seconds) or femtosecond (10-15 seconds) time. There are different types of ultrafast lasers such as mode-locked lasers, titanium-sapphire lasers, and more which are widely deployed in consumer electronics, medical, automotive, aerospace & defense, and industrial end-user industries for micromachining, bioimaging, and medical device fabrication purposes.

According to this analysis, the Global Ultrafast Lasers Market was valued at ~US$ 1 billion in 2017. It is estimated to be ~US$ 2 billion in 2022 and is expected to reach a market size of ~US$ 4 billion by 2028 growing with a CAGR of ~12% during 2022 to 2028.

The adoption of ultrafast lasers for dimensional accuracy is driving the growth of the global ultrafast lasers market.

The degree to which a printed object matches the dimensions and specifications of the original file is known as dimensional accuracy.

The demand for dimensional accuracy devices due in consumer electronics, networking and telecom, transportation, and healthcare industries is significantly increasing. The dimensional accuracy devices can help with better 3d printing of 3d medical devices, 3d metal, and more.

Complications during the manufacturing of ultrafast lasers is one of the major challenges hindering the growth of the global ultrafast lasers market.

While the ultrafast lasers market is growing due to the demand for improved dimensional accuracy ultrafast lasers, other factors such as manufacturing complications, are likely to restrain the market growth. Several complications such as nonlinear effects during beam propagation and interaction process are making the overall ultrafast lasers more expensive, and slow the working.

The COVID-19 pandemic slowed the growth of the Global Ultrafast Lasers Market, owing to the worldwide lockdown by governments, which led to the shutdown of production and manufacturing activities as well as the unavailability of workers in various industries. As a result, production showed a decline in the Global Ultrafast Lasers market.

Scope of the Report

The Global Ultrafast Lasers Market is segmented by Type, Application, Pulse Duration, and End-User. In addition, the report also covers market size and forecasts for the four major regions for Global Ultrafast Lasers Markets. The revenue used to size and forecast the market for each segment is US$ billion.

By Type

  • Mode-Locked Lasers
  • Titanium- Sapphire Lasers
  • Fiber Lasers
  • Others

By Application

  • Micromachining
  • Bioimaging
  • Medical Device
  • Others

By Pulse Duration

  • Picosecond
  • Femtosecond

By End-User

  • Consumer Electronics
  • Medical
  • Automotive
  • Aerospace & Defense
  • Industrial
  • Others

By Region

  • North America (USA, Canada, and Mexico)
  • Europe (France, Italy, Germany, Spain, UK, and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, and Rest of Asia Pacific)
  • LAMEA (Latin America, Middle East, and Africa)

Key Players

  • Amplitude Systems(Amplitude Laser)
  • Coherent Inc
  • DPSS Lasers Inc
  • TRUMPF
  • Ekspla
  • MKS Instruments Inc
  • Jenoptik Laser GmbH
  • IMRA America
  • Lumentum Holdings
  • IPG Photonics

Key Trends by Market Segment

  • By Type: The Fiber Lasers segment by Type held the largest market share in 2021 of the Global Ultrafast Lasers Market
  • The growth is primarily due to the high output power, high beam quality, highly efficient gain medium, and high reliability as compared to other lasers
Fiber lasers are used to achieve light amplification in optical fibers, which contain rare earth metal ions such as ytterbium, neodymium, thulium, and more. These ions are able to absorb most light and emit photons at specific frequencies, which provide fiber lasers with better gain distance thus offering better quality and output.

By Application: The Bioimaging segment accounted for the largest market share in 2021, and is expected to dominate its position during the forecast period.

The growth is primarily due to bioimaging’s specific ability to view any specimen in a 3-D structure without any kind of physical disturbance.

Bioimaging is the technique that allows non-invasive real-time visualization of biological processes i.e. zero involvement of any kind of instruments in the body.

By Pulse Duration: The Femtosecond segment accounted for the largest market share in the Pulse Duration segment in 2021.

The growth is primarily due to the adoption of ultrafast lasers in the field of portable electronics, mobile phones, microprocessors, memory chips, and display panels.

In September 2019, Amplitude Laser has developed a Femtosecond GHz burst laser system that is capable of producing UV light which will improve the micro-machining outputs.

By End-User: The consumer electronics segment accounted for the largest market share in the end-user segment in 2021.

The growth is primarily due to the rising consumer electronics demand and new technological advancements such as small size and fast processing speed.

As the size of electronics products is, now becoming more downsized, tighter dimensional tolerances are required in order to fit the components into ever-smaller form factors and support the growth of the ultrafast laser sector.

By Geography: Asia Pacificaccounted for the largest market share among all regions within the total Global Ultrafast Lasers Market in 2021.

The growth is primarily due to the adoption of ultrafast lasers in automotive and consumer electronics end-user industries.

As the requirement for ultrafast lasers is growing in the electronics and automotive industries. This Asia pacific is anticipated to have significant growth over the course of the forecast period because of technological advancements and the presence of major electronics OEMs in the region, notably in countries like china and japan.

Competitive Landscape

The Global Ultrafast Lasers Market is highly competitive with ~200 players, which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Ultrafast Lasers technology. Large global players constitute ~10% of competitors, while country-niche players represent ~60% of competitors. Most of the regional and country-niche players are either components suppliers or assembling partners of global players. Some of the major players in the market include Amplitude Laser, Coherent Inc., DPSS Lasers Inc., TRUMPF, Ekspla, MKS Instruments Inc., Jenoptik Laser GmbH, IMRA America, Lumentum Holdings, IPG Photonics and among others.

Recent Developments Related to Major Players

In February 2022, Trumpf acquired Active Fiber Systems which is the fiber laser-based company situated in Jena, Germany. This acquisition will help Trumpf to expand in living fiber laser technology, which is focused on industrial applications such as precision welding and additive manufacturing.

In April 2022, Amplitude Laser acquired MW Technologies, which is an optical fiber lasers developer based in Portugal. This acquisition will help amplitude lasers to improve their production ability worldwide. MW Technologies’ name has been changed to Amplitude Portugal thus making its 4th manufacturing Unit and R&D center across the world.

Conclusion

The Global Ultrafast Lasers Market is forecasted to grow exponentially with a CAGR of ~12% during the forecast period primarily driven by the adoption of Ultrafast Lasers for dimensional accuracy in the consumer electronics sector. Though the market is highly competitive with ~ 200 participants, few global players control the dominant share and country-niche players hold a significant share. Asia Pacific is the dominating region, owing to the adoption of ultrafast lasers in the automotive and electronics industries.

Note:This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Key Topics Covered in the Report

  • Snapshot of Global Ultrafast Lasers Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Ultrafast Lasers Market
  • Historic Growth of the Overall Global Ultrafast Lasers Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Ultrafast Lasers Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Ultrafast Lasers Market
  • Future Market Forecast and Growth Rates of the Total Global Ultrafast Lasers Market and by Segments
  • Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Ultrafast Lasers Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Major Country
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Key Competitors Mention in the Report

  • Amplitude Laser
  • Coherent Inc
  • DPSS Lasers Inc
  • TRUMPF
  • Ekspla
  • MKS Instruments Inc
  • Jenoptik Laser GmbH
  • IMRA America
  • Lumentum Holdings
  • IPG Photonics
  • Nostics
  • Marvel Fusion
  • LongPath Technologies
  • QLM TECHNOLOGY LTD
  • Nuburu

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

  • Ultrafast Lasers Manufacturers
  • Ultrafast Lasers Raw Material Suppliers
  • Ultrafast Lasers Products Manufacturers
  • Ultrafast Lasers Industry Association
  • Ultrafast Lasers Companies
  • Distributors of Ultrafast Lasers
  • Ultrafast Lasers Marketing Companies
  • Venture Capitalists Targeting Ultrafast Lasers Industry
  • Contract Manufacturing Organizations of Ultrafast Laser Device (CMOs)
  • Original Equipment Manufacturers (OEMs) of Ultrafast Laser Devices
  • Government Ministries and Departments of Electronics

Time Period Captured in the Report

  • Historical Period: 2017-202
  • Forecast Period: 2022E-2028F

Frequently Asked Questions

What is the Study Period of this Market Report?
  • The Global Ultrafast Lasers Market is covered from 2017-2028 in this report, which includes a forecast for the period 2022-2028
What is the Future Growth Rate of the Global Ultrafast Lasers Market?
  • The Global Ultrafast Lasers Market is expected to witness a CAGR of about ~12% over the next six years
What are the Key Factors Driving the Global Ultrafast Lasers Market?
  • Advancements in materials and laser configurations are is driving the growth of the global Ultrafast Lasers market
Which is the Largest Application Segment within the Global Ultrafast Lasers Market?
  • The Bioimaging segment accounted for the largest share of the Global Ultrafast Lasers Market in 2021
Who are the Key Players in the Global Ultrafast Lasers Market?
  • Amplitude Laser, Coherent Inc., DPSS Lasers Inc., TRUMPF, Ekspla, MKS Instruments Inc., Jenoptik Laser GmbH, IMRA America, Lumentum Holdings, IPG Photonics, and among others are the major companies operating in the Global Ultrafast Lasers Market


This product will be delivered within 5-7 business days.

Table of Contents

1. Executive Summary
1.1 Highlights of Global Ultrafast Lasers Market Historic Growth & Forecast
1.2 Highlights of Market Trends, Challenges, and Competition
1.3 Highlights of Market Revenue Share by Segments
2. Market Overview and Key Trends Impacting Growth
2.1 Global Ultrafast Lasers Market Taxonomy
2.2 Industry Value Chain
2.3 The Ecosystem of Major Entities in the Global Ultrafast Lasers Market
2.4 Government Regulations & Developments
2.5 Key Growth Drivers & Challenges Impacting the Market
2.6 COVID-19 Impact on Global Ultrafast Lasers Market
2.7 Total Global Ultrafast Lasers Market Historic Growth by Segment Type, 2017-2021
2.7.1 By Type
2.7.2 By Application
2.7.3 By Pulse Duration
2.7.4 By End-User
2.7.5 By Region
2.8 Total Global Ultrafast Lasers Market Historic Growth and Forecast, 2017-2028
2.9 Key Takeaways
3. Global - Market Segmentation by Type, Historic Growth, Outlook & Forecasts
3.1 Market Definition - Segmentation by Type
3.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Type, 2017-2028
3.2.1 Mode-Locked Lasers
3.2.2 Titanium- Sapphire Lasers
3.2.3 Fiber Lasers
3.2.4 Others
3.3 Key Takeaways from Market Segmentation by Type
4. Global- Market Segmentation by Application, Historic Growth, Outlook & Forecasts
4.1 Market Definition - Segmentation by Application
4.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028
4.2.1 Micromachining
4.2.2 Bioimaging
4.2.3 Medical Device
4.2.4 Others
4.3 Key Takeaways from Market Segmentation by Application
5. Global- Market Segmentation by Pulse Duration, Historic Growth, Outlook & Forecasts
5.1 Market Definition - Segmentation by Pulse Duration
5.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Pulse Duration, 2017-2028
5.2.1 Picosecond
5.2.2 Femtosecond
5.3 Key Takeaways from Market Segmentation by Pulse Duration
6. Global- Market Segmentation by End-User, Historic Growth, Outlook & Forecasts
6.1 Market Definition - Segmentation by End-User
6.2 Market Revenue Share, Historic Growth, Outlook, and Forecasts by End-User, 2017-2028
6.2.1 Consumer Electronics
6.2.2 Medical
6.2.3 Automotive
6.2.4 Aerospace & Defense
6.2.5 Industrial
6.2.6 Others
6.3 Key Takeaways from Market Segmentation by End-User
7. Industry/Competition Analysis - Competitive Landscape
7.1 Types of Players (Competitors) & Share of Competition
7.2 Porter’s 5 Forces Analysis of Global Ultrafast Lasers Market Competitors
7.3 Key Developments in the Global Ultrafast Lasers Sector Impacting Market Growth
7.4 Comparison of Leading Competitors within the Global Ultrafast Lasers Market, 2021
7.5 Comparison of Leading Competitors within the Global Ultrafast Lasers Market by Coverage of Type, 2021
7.6 Comparison of Leading Competitors within the Global Ultrafast Lasers Market by Coverage of Application, 2021
7.7 Comparison of Leading Competitors within the Global Ultrafast Lasers Market by Coverage of Pulse Duration, 2021
7.8 Comparison of Leading Competitors within the Global Ultrafast Lasers Market by Coverage of End-User, 2021
7.9 Comparison of Leading Competitors within the Global Ultrafast Lasers Market by Coverage of Region, 2021
7.10 Key Takeaways from Competitive Landscape
8. Key Competitor Profiles (Company Overview, Product Offerings, and Strength & Weakness)
8.1 Amplitude Laser
8.2 Coherent Inc.
8.3 DPSS Lasers Inc.
8.4 TRUMPF
8.5 Ekspla
8.6 MKS Instruments Inc.
8.7 Jenoptik Laser GmbH
8.8 IMRA America
8.9 Lumentum Holdings
8.10 IPG Photonics
9. Geographic Analysis & Major Region Market Historic Growth, Outlook, and Forecasts
9.1 Major Region Comparison of Macroeconomic Factors
9.2 Global- Market Revenue Share, Historic Growth, Outlook, and Forecasts by Region, 2017-2028
9.3 Major Region Market Analysis, Historic Growth, Outlook & Forecasts
9.4 North America - Global Ultrafast Lasers Market Analysis
9.4.1 Major Production and Consumption Hubs in North America
9.4.2 Notable Emerging Ultrafast Lasers Companies in North America
9.4.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Type, 2017-2028
9.4.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028
9.4.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Pulse Duration, 2017-2028
9.4.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by End-User, 2017-2028
9.4.7 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2017-2028
  • USA
  • Canada
  • Mexico
9.5 Europe - Global Ultrafast Lasers Market Analysis
9.5.1 Major Production and Consumption Hubs in Europe
9.5.2 Notable Emerging Ultrafast Lasers Companies in Europe
9.5.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Type, 2017-2028
9.5.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028
9.5.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Pulse Duration, 2017-2028
9.5.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by End-User, 2017-2028
9.5.7 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2017-2028
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
9.6 Asia Pacific - Global Ultrafast Lasers Market Analysis
9.6.1 Major Production and Consumption Hubs in the Asia Pacific
9.6.2 Notable Emerging Ultrafast Lasers Companies in the Asia Pacific
9.6.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Type, 2017-2028
9.6.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028
9.6.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Pulse Duration, 2017-2028
9.6.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by End-User, 2017-2028
9.6.7 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Major Countries, 2017-2028
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
9.7 LAMEA- Global Ultrafast Lasers Market Analysis
9.7.1 Major Production and Consumption Hubs in LAMEA
9.7.2 Notable Emerging Ultrafast Lasers Companies in LAMEA
9.7.3 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Type, 2017-2028
9.7.4 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Application, 2017-2028
9.7.5 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Pulse Duration, 2017-2028
9.7.6 Market Revenue Share, Historic Growth, Outlook, and Forecasts by End-User, 2017-2028
9.7.7 Market Revenue Share, Historic Growth, Outlook, and Forecasts by Sub- Region, 2017-2028
  • Latin America
  • Middle East
  • Africa
10. Industry Expert’s Opinions/Perspectives
10.1 Notable Statements/Quotes from Industry Experts and C-Level Executives on Current Status and Future Outlook of the Market
11. Analyst Recommendation
11.1 Analyst Recommendations on Identified Major Opportunities and Potential Strategies to Gain from Opportunities
12. Appendix
12.1 Research Methodology - Market Size Estimation, Forecast, and Sanity Check Approach
12.2 Sample Discussion Guide
  • Disclaimer

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Amplitude Laser
  • Coherent Inc.
  • DPSS Lasers Inc.
  • TRUMPF
  • Ekspla
  • MKS Instruments Inc.
  • Jenoptik Laser GmbH
  • IMRA America
  • Lumentum Holdings
  • IPG Photonics
  • Nostics
  • Marvel Fusion
  • LongPath Technologies
  • QLM TECHNOLOGY LTD
  • Nuburu