[January 27, 2015]

Research and Markets: Global Industrial Laser Market 2015-2019 with Coherent, IPG Photonics, Rofin-Sinar Technologies & Trumpf Group Dominating

Research and Markets (http://www.researchandmarkets.com/research/p6fn7n/global_industrial) has announced the addition of the "Global Industrial Laser Market 2015-2019" report to their offering.

The analysts forecast the Global Industrial Laser market to grow at a CAGR of 10.23% over the period 2014-2019

A laser (light amplification by stimulated emission of radiation) is a device that produces a concentrated beam of coherent monochromatic electromagnetic radiation by stimulated emission of photons from excited molecules.

Increased R&D spending by vendors to gain a competitive advantage over other players in the market is one key trend in the market.

According to the report, the increased adoption of lasers because of their superior attributes is one of the major drivers in the market. Lasers such as fiber lasers used for industrial applicatons are gaining more significance because of their excellent light properties. Thus, the benefits of fiber lasers are expected to increase their demand in the end-user segments, thereby contributing to the growth of the market.

Further, the report states that one of the key challenges of the market is the high dependency on limited key suppliers. As the suppliers are limited, vendors in the market face time-to-market pressure when the demand for lasers is high. As a result, there will be a supply and demand mismatch, hampering the growth of the market.

These devices are widely used in applications such as communications, materials processing, excimer lithography, data storage, medical and aesthetics, science and military, and instrumentation and sensors. Lasers are used for drilling, cutting, alignment, bloodless surgery, cosmetic dentistry, and reading bar codes.

They are categorized into two types: diode and non-diode lasers

Key Vendors

• Coherent
• IPG Photonics (News - Alert)
• Rofin-Sinar Technologies
• Trumpf Group

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Application
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Market Summary

For more information visit http://www.researchandmarkets.com/research/p6fn7n/global_industrial

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