Global ultrafast lasers market is anticipated to grow at a significant CAGR of 14.8% during the forecast period (2024-2031).The market for ultrafast lasers is anticipated to rise as technology develops to satisfy the increasing need for higher dimensional accuracy. Ultrafast lasers have become essential production tools in industries such as consumer electronics, automotive, and medical devices due to its offered advantages such as increased dimensional precision, tighter tolerances, and the removal of post-processing stages. The demand for tiny, portable electronic devices is also increasing in almost every industrial sector. These developments in the electronic device manufacturing sector have increased pressure on original equipment manufacturers (OEMs) to guarantee that their products are defect-free, necessitating greater dimensional accuracy. The meet the growing need for better dimensional accuracy key players are introducing advanced ultrafast lasers. For instance, in January 2024, Class 5 Photonics introduced advanced femtosecond lasers for ultrafast laser micromachining. This innovative laser technology bridges the technological gaps and offers precision and productivity. It has pulses below 100 fs, wavelength tunability from ultraviolet to mid-infrared, and power scalability towards the kilowatt range. These attributes are pivotal for the next generation of micromachining.
Further, in January 2024, IPG Photonics Corp. displayed the new and innovative fiber laser solutions at Photonics West from January 30 to February 01, 2024 in San Francisco.The 2,000 square foot booth display includes a wide range of laser sources, integrated systems, and industry specific solutions with numerous application samples to showcase.
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• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
· By Type
· By Pulse Duration
· By Application
· By End-user
Regions Covered-
• North America
• Europe
• Asia-Pacific
• Rest of the World
Competitive Landscape- includes Amplitude Laser, Coherent Corp, Ekspla, MKS Instruments Inc., Clark-MXR Inc., TRUMPF and Novanta Inc., among others.
Ultrafast Lasers Market Report Segment
By Type
• Titanium-Sapphire Lasers
• Fiber Lasers
• Mode-Locked Lasers
• Diode-Pumped Bulk Lasers
• Dye Lasers
• Diode Lasers
By Pulse Duration
• Picosecond
• Femtosecond
By Application
• Micromachining
• Bio-Imagin
• Scientific Research
• Medical Device Fabrication
By End-user
• Consumer Electronics
• Medical
• Automotive
• Aerospace & Defence
• Industrial
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Ultrafast Lasers Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Clark-MXR Inc.
• DPSS Lasers Inc.
• FLUENCE LLC.
• Hamamatsu Group
• IMRA America Inc.
• IPG Photonics Corp
• Light Conversion
• Lumentum Holdings Inc.
• MKS Instruments Inc.
• NKT Photonics A/S
• Novanta Inc.
• TRUMPF
• Wuhan Huaray Precision Laser Co. Ltd.
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