• ASSO
• 2022-05-29
• comments

Ultrafast Laser Market

ASSO International Consulting claims that the global ultrafast laser market will reach $1.7 billion in 2028 !
 
Ultrafast lasers are commonly referred to as ultrafast events with an amplification of ultra-short pulses which always requires the technique of high pulse amplification, in order to avoid damage to the gain medium of the amplifier. In research & development department, advances in materials and laser configurations promise to open up a variety of new applications outside of the technology’s core area of industrial micromachining. And also focus particularly on the currently centers on developing ultrafast lasers in the infrared, especially at around 2 µm. Allen, an analyst at ASSO International Consulting, said that global demand continues to grow, making the market for ultrafast lasers strong and powerful. In particular, demand from the Asia-Pacific region is particularly strong.
 
Ultrafast Laser Market Applications

Source: ASSO International Consulting
 
According to ASSO International Consulting, the global ultrafast laser market will be worth about $1.2 billion in 2022 and is expected to reach $1.7 billion by 2028. Allen said the dominant players are still leading manufacturers such as Coherent, Trumpf, IPG Photonics and Lumentum, and these players have relatively stable market shares. But with the entry of new players in the Asia-Pacific region, established players are expected to face increasing challenges. Ultrafast lasers are mainly used in fields such as material processing and biomedicine, and the demand in these fields has created an increasing value space.
 
Figure Ultrafast Laser Market Forecast by Region (US$ Million) (2017-2028)

ASSO regards each project as the best communication bridge between us and our customers. ASSO solemnly promises that ASSO will treat each project as our most important customer project. We will go all out and never give up. ASSO regards each other's excellence as the purpose of our service. ASSO's services involve regional analysis, market data, player share, market decision-making, marketing and product positioning

– Allen King