Mid-Infrared Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Albany, NY -- (SBWIRE) -- 02/09/2017 -- Mid-infrared lasers emit laser like beams and have wavelength ranging from 3 m to 8 m. These lasers may either contain some shorter-wavelength laser or a mid-infrared (mid-IR) combined with means required for nonlinear frequency conversion. Mid-infrared lasers are in great demand for variety of applications including polymer and plastic processing, pumping optical parametric oscillators (OPOs), free space communications, remote sensing, laser scalpel, non-invasive medical diagnosis, and spectroscopy. Various defense related applications on mid-infrared lasers are emerging such as covert communications systems, eyesafe seekers for smart munitions, stand-off detection of explosion hazards, and countermeasures. Mid-infrared laser market is relatively small as compared to the total laser market, but it is showing fastest growth in demand among all types of lasers.
Technological innovations in mid-infrared lasers segment is the major driving factor for mid-infrared lasers market. Mid-infrared laser segment has many new emerging applications. However, many mid-infrared lasers, sensors and imagers require cryogenic cooling for operation. This increases their weight, cost and size. Thus, factors such as high initial and maintenance costs are hindering the adoption of the mid-infrared lasers. Furthermore, production of fiber cable which is able to transport light at wavelength more than 2 µm is expensive. Thus, fiber availability for mid-infrared lasers is quite rare and it is one of the major challenges for the vendors in this market. A lot of research and development is being carried out in order to improve the quality of mid-infrared lasers greatly. Along with it, development of mid-infrared devices which are able to operate at room temperature and do not require a dedicated cooling unit holds immense market opportunity for the players operating in this market
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Global mid-infrared lasers market is segmented on the basis of type, applications, end-use industry and geography. On the basis of type of lasers the market for mid-infrared lasers is segmented into non-linear sources lasers, free-election lasers, mid-infrared solid-state lasers, parametric amplification, semiconductor lasers, fabry-perot laser, quantum cascade lasers (QCL), lead-salt diode lasers, thin-disk lasers and optically pumped semiconductor lasers (OPSLs), and GaSB-based diode lasers. On the basis of application mid-infrared lasers market is segmented into materials processing applications, medical applications, spectroscopy and sensing applications, research and development, infrared countermeasures systems, and production of illuminators. Healthcare, military sector and aviation sector are some of the industries where mid-infrared lasers are mostly used. North America is the largest geographical market for mid-infrared lasers in terms of revenue, followed by Europe.
The market for mid-infrared lasers is highly competitive and fragmented in nature. There are numerous local players in this market. Players operating in mid-infrared market space are trying to gain the competitive advantage over other players with technological advancements. IMRA America, Inc., Amplitude Systems, Spectra-Physics, EKSPLA, FEMTOLASERS Productions GmbH, Time-Bandwidth Products AG, TOPTICA Photonics AG, Menlo Systems GmbH, Rofin-Baasel UK Ltd., RP Photonics Consulting GmbH, Fianium Ltd., Laser Quantum UK, VENTEON Laser Technologies GmbH, Avesta Project Ltd., and Quantronix Corporation are some of the major vendors in global mid-infrared lasers market.