The global industrial laser market is forecasted to grow at a CAGR of 10.24% during the period 2017-2021

LONDON, Nov. 2, 2017 /PRNewswire/ --

About Industrial Laser

A laser produces a coherent, collimated, and monochromatic beam of light by exciting atoms to a higher energy level. Lasers are distinguished from other light sources particularly because of their coherence. The laser stays narrow for long distances owing to its spatial coherence property and allows it to be focused on a tight spot. Owing to these attributes, lasers are largely used in applications such as laser pointers, laser cutting, and lithography. Lasers are segmented depending on the type of lasing medium they use such as gas, optical fiber, solid state, and others (including excimer lasers and semiconductor lasers). However, this report focuses only on CO? lasers, fiber lasers, and solid-state lasers for industrial applications only.



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Technavio's analysts forecast the global industrial laser market to grow at a CAGR of 10.24% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial laser market for 2017-2021. To calculate the market size, the report considers the sale of lasers for industrial applications (materials processing, and semiconductor applications) and excludes the sale of components involved in lasers.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Industrial Laser Market 2017-2021, has been prepared based on anin-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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