Tunable Laser Market: 30% of Growth to Originate from APAC, Driven by the growth in the Adoption of Nanotechnology Across Sectors - Technavio

NEW YORK, Sept. 9, 2022 /PRNewswire/ -- The tunable laser market size is set to grow by USD 532.78 million. However, the growth momentum is likely to decelerate at 8.67% from 2021 to 2026, according to the latest research report from Technavio. 30% of the market's growth will originate from APAC during the forecast period. China, South Korea, and Japan are the key markets for tunable lasers in APAC. Market growth in this region will be faster than the growth of the market in the European and South American regions. The demand for semiconductor integrated circuits (ICs) is growing in the region because of the increasing use of electronic components across various industries, especially the automotive, consumer electronics, and telecommunication industries. For more highlights on the regional highlights - Request a Free Sample Report!

Tunable Laser Market - Scope of the Report

The tunable laser market covers the following areas:

• Tunable Laser Market Sizing
• Tunable Laser Market Forecast
• Tunable Laser Market Analysis

Tunable Laser Market - Market Dynamics

Major Driver -

• The key factor driving growth in the tunable laser market is the growth in the adoption of nanotechnology across sectors. 
• Technological advances in the healthcare sector have increased the demand for sophistication. Therefore, vendors that specialize in providing technological instruments and machinery are investing mainly in the development of diagnostic systems that use nanotechnology.
• The integration of nanotechnology in the healthcare sector would significantly help in speeding up the entire diagnostic process, thereby complementing the primary goal of diagnostics to identify a medical problem in the shortest time. Governments and technology firms are investing in the development of nanotechnology because of its wide applications in areas like electronics, biomaterials, microfabrication, and medicine. Thus, it is anticipated that nanotechnology will be one of the major end-user segments of tunable lasers and, in turn, will drive the market in focus.

Major Challenges -

• The availability of substitutes for tunable lasers will be a major challenge for the tunable laser market during the forecast period. 
• Many market participants prefer to use traditional lasers such as zirconia, mercury, and paramagnetic analyzers instead of tunable lasers. Zirconia-based traditional lasers are highly preferred for measurements of parts per million (ppm) to % levels of oxygen (O2) in a gas or mixture of gases.
• Other prominent substitutes for tunable lasers are paramagnetic analyzers. Since O2 is a paramagnetic gas, it gets attracted to the magnetic field in the analyzer, which generates a signal to the feedback system within the analyzer. Since these alternatives cost significantly less compared with tunable lasers, many small-scale manufacturing plants, and industries that are not capable of making a high capital investment are integrating other types of traditional lasers instead of tunable lasers. This is expected to limit the adoption of tunable lasers.

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Tunable Laser Market  - Companies Mentioned

The tunable laser market is fragmented and the vendors are deploying growth strategies such as launching innovative products to compete in the market.

• Agilent Technologies Inc.
• AT and T Inc.
• Emcore Corp.
• EXFO Inc.
• Focused Photonics Inc.
• Fujitsu Ltd.
• HUBNER GmbH and Co. KG
• II VI Inc.
• Leonardo Spa
• Lucent Technology Ltd.
• Luminar Technologies Inc.
• Luna Innovations Inc.
• Mettler Toledo International Inc.
• MKS Instruments Inc.
• NeoPhotonics Corp.
• Santec Corp.
• TOPTICA Photonics AG
• Viavi Solutions Inc.
• Yokogawa Electric Corp.
• To know about the vendor offerings - Click Now!

The competitive scenario provided in the Tunable Laser Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our Tunable Laser Market Forecast Report -  Buy Now!

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Key Topics Covered:

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Solid state - Market size and forecast 2021-2026
• Exhibit 28: Chart on Solid state - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Solid state - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Solid state - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Solid state - Year-over-year growth 2021-2026 (%)

• 5.4 Free electron laser - Market size and forecast 2021-2026
• Exhibit 32: Chart on Free electron laser - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Free electron laser - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Free electron laser - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Free electron laser - Year-over-year growth 2021-2026 (%)

• 5.5 Gas - Market size and forecast 2021-2026
• Exhibit 36: Chart on Gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Gas - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Gas - Year-over-year growth 2021-2026 (%)

• 5.6 Others - Market size and forecast 2021-2026
• Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Type
• Exhibit 44: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 South Korea - Market size and forecast 2021-2026
• Exhibit 82: Chart on South Korea - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on South Korea - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on South Korea - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on South Korea - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Agilent Technologies Inc.
• Exhibit 97: Agilent Technologies Inc. - Overview
• Exhibit 98: Agilent Technologies Inc. - Business segments
• Exhibit 99: Agilent Technologies Inc. - Key news
• Exhibit 100: Agilent Technologies Inc. - Key offerings
• Exhibit 101: Agilent Technologies Inc. - Segment focus

• 10.4 AT and T Inc.
• Exhibit 102: AT and T Inc. - Overview
• Exhibit 103: AT and T Inc. - Business segments
• Exhibit 104: AT and T Inc. - Key offerings
• Exhibit 105: AT and T Inc. - Segment focus

• 10.5 Focused Photonics Inc.
• Exhibit 106: Focused Photonics Inc. - Overview
• Exhibit 107: Focused Photonics Inc. - Product / Service
• Exhibit 108: Focused Photonics Inc. - Key offerings

• 10.6 HUBNER GmbH and Co. KG
• Exhibit 109: HUBNER GmbH and Co. KG - Overview
• Exhibit 110: HUBNER GmbH and Co. KG - Product / Service
• Exhibit 111: HUBNER GmbH and Co. KG - Key news
• Exhibit 112: HUBNER GmbH and Co. KG - Key offerings

• 10.7 Luna Innovations Inc.
• Exhibit 113: Luna Innovations Inc. - Overview
• Exhibit 114: Luna Innovations Inc. - Product / Service
• Exhibit 115: Luna Innovations Inc. - Key offerings

• 10.8 Mettler Toledo International Inc.
• Exhibit 116: Mettler Toledo International Inc. - Overview
• Exhibit 117: Mettler Toledo International Inc. - Business segments
• Exhibit 118: Mettler Toledo International Inc. - Key offerings
• Exhibit 119: Mettler Toledo International Inc. - Segment focus

• 10.9 NeoPhotonics Corp.
• Exhibit 120: NeoPhotonics Corp. - Overview
• Exhibit 121: NeoPhotonics Corp. - Business segments
• Exhibit 122: NeoPhotonics Corp. - Key offerings
• Exhibit 123: NeoPhotonics Corp. - Segment focus

• 10.10 Santec Corp.
• Exhibit 124: Santec Corp. - Overview
• Exhibit 125: Santec Corp. - Product / Service
• Exhibit 126: Santec Corp. - Key offerings

• 10.11 TOPTICA Photonics AG
• Exhibit 127: TOPTICA Photonics AG - Overview
• Exhibit 128: TOPTICA Photonics AG - Product / Service
• Exhibit 129: TOPTICA Photonics AG - Key offerings

• 10.12 Yokogawa Electric Corp.
• Exhibit 130: Yokogawa Electric Corp. - Overview
• Exhibit 131: Yokogawa Electric Corp. - Business segments
• Exhibit 132: Yokogawa Electric Corp. - Key offerings
• Exhibit 133: Yokogawa Electric Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 134: Inclusions checklist
• Exhibit 135: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 136: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 137: Research methodology
• Exhibit 138: Validation techniques employed for market sizing
• Exhibit 139: Information sources

• 11.5 List of abbreviations
• Exhibit 140: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: [email protected]
Website: www.technavio.com/

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