Report Id: SNS/SEMI/2395 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Tunable Laser Market Size was valued at USD 0.88 billion in 2021, and is expected to reach USD 1.52 billion by 2028, and grow at a CAGR of 8.2% over the forecast period 2022-2028.
Tunable lasers are used in life science, healthcare, biochemistry, and spectroscopy. The system is gaining popularity as it can determine the toxicity and poison ratio in the sample compounds, thanks to advancements in infrared and optical spectroscopy. Tunable lasers enable the addition or deletion of bandwidth via remote control, encouraging a variety of on-demand services and fueling market growth.
MARKET DYNAMICS:
KEY DRIVERS:
Consumer electronics are in high demand.
Quality is becoming increasingly important in industrial projects.
High bandwidth and data transfer capabilities are required.
RESTRAINTS:
Inadequate technical knowledge.
Handling difficulties, increased costs, and poor dependability.
OPPORTUNITIES:
Tetra hertz spectroscopy is becoming more popular.
Organizational urbanisation and digitalization, as well as increased demand for smartphones and social networking.
CHALLENGES:
Some tunable lasers are not particularly adaptable.
The manufacturing processes' complexity.
IMPACT OF COVID-19:
The COVID 19 pandemic has caused widespread disruption in the manufacturing and sales sectors around the world. Furthermore, the Tunable laser industry's stakeholders were severely impacted because production and other manufacturing activities were halted throughout the pandemic. The Tunable Laser industry's primary end-user industries are automotive and manufacturing. During the pandemic, cutting, welding, and other processes in the manufacturing industries were halted and reduced, significantly reducing Tunable laser market demand. Furthermore, other factors such as the scarcity of raw materials and logistics restrictions imposed by governmental organisations have hampered the overall growth of the Tunable Laser industry. On the other hand, the demand for medical devices increased significantly during the pandemic in order to capitalise on medical emergencies. As a result, the demand for tunable laser equipment in medical appliances was increasing.
Based on type, the tunable laser market is segmented into Continuous-Wave, Ultrafast, Amplified Laser, High Energy Pulsed and Others. Based on frequency, the tunable laser market is segmented into 1.26um-1.36um (O-Band), 1.57um-1.63um (L-Band), 1.53um-1.57um (C-Band), 1.46um-1.53um (S-Band), 0.77um-0.91um (Ultra-Narrow Linewidth), 1.36um-1.46um (E-Band), 1.63um-1.68um (U-Band) and 2um. Based on application, the tunable laser market is segmented into Spectroscopy, Metrology, Laser Cooling, Optical Fiber Communication and Others. Based on vertical, the tunable laser market is segmented into Manufacturing, Aerospace & Defense, Healthcare, Networking, Semiconductor, Energy & Utilities, Telecommunication and Others.
COMPETITIVE LANDSCAPE:
The key players in the tunable laser market are okogawa Electric, Toptica Photonics, Focused Photonics, NEC Corporation, Santec Corporation, Mettler Toledo, Hubner Agilent Technologie, Luna and NeoPhotonics Corporation.
MARKET SEGMENTS:
BY TYPE
Continuous-wave
Ultrafast
Amplified Laser
High energy pulsed
Others
BY FREQUENCY
1.26um-1.36um (O-Band)
1.57um-1.63um (L-Band)
1.53um-1.57um (C-Band)
1.46um-1.53um (S-Band)
0.77um-0.91um (Ultra-narrow Linewidth)
1.36um-1.46um (E-Band)
1.63um-1.68um (U-Band)
2um
BY APPLICATION
Spectroscopy
Metrology
Laser Cooling
Optical Fiber Communication
Others
BY VERTICAL
Manufacturing
Aerospace & Defense
Healthcare
Networking
Semiconductor
Energy & Utilities
Telecommunication
Others
REGIONAL ANALYSIS:
Due to the development of manufacturing hubs throughout the region, the Asia-Pacific region is regarded as the major consumer and manufacturer of laser technologies. Furthermore, abundant raw materials, semiconductors, and electronic components are propelling the Asia Pacific Tunable laser market growth. Furthermore, countries outside of Asia-Pacific only acquire raw materials and other materials required for the manufacture of tunable lasers. As a result, experts predict that the Asia-Pacific region will have the highest market value for the tunable laser industry during the forecast period. On the other hand, due to the extensive deployment of Tunable lasers in automobiles, the increasing development of the automotive sector in countries such as Europe and North America is expected to result in a healthy market growth during the forecast period.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2021 | US$ 0.88 Billion |
Market Size by 2028 | US$ 1.52 Billion |
CAGR | CAGR of 8.2% From 2022 to 2028 |
Base Year | 2021 |
Forecast Period | 2022-2028 |
Historical Data | 2017-2020 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Continuous-Wave, Ultrafast, Amplified Laser, High Energy Pulsed, Others) • By Frequency (1.26um-1.36um (O-Band), 1.57um-1.63um (L-Band), 1.53um-1.57um (C-Band), 1.46um-1.53um (S-Band), 0.77um-0.91um (Ultra-Narrow Linewidth), 1.36um-1.46um (E-Band), 1.63um-1.68um (U-Band), 2um) • By Application (Spectroscopy, Metrology, Laser Cooling, Optical Fiber Communication, Others) • By Vertical (Manufacturing, Aerospace & Defense, Healthcare, Networking, Semiconductor, Energy & Utilities, Telecommunication, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | okogawa Electric, Toptica Photonics, Focused Photonics, NEC Corporation, Santec Corporation, Mettler Toledo, Hubner Agilent Technologie, Luna and NeoPhotonics Corporation. |
Key Drivers | • Consumer electronics are in high demand. • Quality is becoming increasingly important in industrial projects. |
RESTRAINTS | • Inadequate technical knowledge. • Handling difficulties, increased costs, and poor dependability. |
Frequently Asked Questions (FAQ) :
The market value is expected to reach USD 1.5 billion by 2028.
Consumer electronics are in high demand, Quality is becoming increasingly important in industrial projects and High bandwidth and data transfer capabilities are required.
The key players in the tunable laser market are okogawa Electric, Toptica Photonics, Focused Photonics, NEC Corporation, Santec Corporation, Mettler Toledo, Hubner Agilent Technologie, Luna and NeoPhotonics Corporation.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of ContentS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Tunable Laser Market Segmentation, by type
8.1Introduction
8.2 Continuous-wave
8.3 Ultrafast
8.4 Amplified Laser
8.5 High energy pulsed
8.6 Others
9. Tunable Laser Market Segmentation, by frequency
9.1Introduction
9.2 1.26um-1.36um (O-Band)
9.3 1.57um-1.63um (L-Band)
9.4 1.53um-1.57um (C-Band)
9.5 1.46um-1.53um (S-Band)
9.6 0.77um-0.91um (Ultra-narrow Linewidth)
9.7 1.36um-1.46um (E-Band)
9.8 1.63um-1.68um (U-Band)
9.9 2um
10. Tunable Laser Market Segmentation, by application
10.1 Introduction
10.2 Spectroscopy
10.3 Metrology
10.4 Laser Cooling
10.5 Optical Fiber Communication
10.6 Others
11. Tunable Laser Market Segmentation, by vertical
11.1 Introduction
11.2 Manufacturing
11.3 Aerospace & Defense
11.4 Healthcare
11.5 Networking
11.6 Semiconductor
11.7 Energy & Utilities
11.8 Telecommunication
11.9 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13.Company Profiles
13.1 Agilent Technologies
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 okogawa Electric
13.3 Toptica Photonics
13.4 Focused Photonics
13.5 NEC Corporation
13.6 Santec Corporation
13.7 Mettler Toledo
13.8 Hubner
13.9 Luna
13.10 NeoPhotonics Corporation
14.Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
15.Conclusion
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