PUNE, India, April 17, 2017 /PRNewswire/ --
The report "Quantum Cascade Lasers Market by Packaging Type (C-Mount, HHL & VHL Package, TO3 Package), Operation Mode (Continuous Wave, Pulsed), Fabrication Technology (Fabry-Perot, Distributed Feedback, Tunable External Cavities), End-User - Global forecast to 2022", published by MarketsandMarkets™, the market is expected to grow from USD 302.9 Million in 2016 to USD 374.8 Million by 2022, at a CAGR of 3.9% between 2017 and 2022.
Browse 63 market data Tables and 67 Figures spread through 141 Pages and in-depth TOC on "Quantum Cascade Lasers Market"
Early buyers will receive 10% customization on this report.
The market is expected to be driven by the gas sensing and chemical detection devices. QCL also has a high demand for breath analyzing applications.
Industrial sector holds the largest share of the QCL market and is expected to witness substantial growth from 2017 to 2022
The QCL market is being driven by the industrial sector due to its application in gas sensing. Manufacturing companies adopt QCL for gas sensing to detect hazardous gases in manufacturing units. This trend is expected to grow even more in the near future as emerging economies, such as China and India, would further witness expansion of the industrial base. This is propelling the demand for QCL devices.
Fabry-Perot QCL is expected to witness the highest growth rate between 2017 and 2022.
On the basis of fabrication technology, the Quantum Cascade Lasers Market for Fabry-Perot QCLs is expected to grow at a significant rate between 2017 and 2022, driven by the growing demand for infrared countermeasures. The military and defense sector is increasingly adopting QCL-based techniques, which will propel the growth of the Fabry-Perot QCL market.
Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=163177255
North America is expected to hold a large share of the QCL market through 2022
North America was the largest market for QCL in 2016, followed by Europe and APAC, and is mainly driven by the industrial sector. The growth of the market in Asia Pacific is attributed to the rapid development sectors such as industrial, medical, and military and defense. The QCL market in Europe is expected to hold the second-largest market share by 2022 owing the growing gas sensing applications.
Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=163177255
The major companies in the global QCL market that have been included in this report are Block Engineering, Inc. (U.S.), Wavelength Electronics, Inc. (U.S.), Hamamatsu Photonics K.K. (Japan), Thorlabs, Inc. (U.S.), Alpes lasers SA (Switzerland), mirSense (France), AdTech Optics (U.S.), Pranalytica Inc. (U.S.), AKELA Laser Corporation (U.S.), and nanoplus Nanosystems and Technologies GmbH (Germany).
Browse Related Reports
Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In-Situ and Extractive), Gas Analyzer Type (Oxygen (O2), Ammonia (NH3), COX, Moisture (H2O), CxHx, HX), Industry (Oil & Gas, Cement, Power), and Geography - Global Forecast to 2022
Terahertz Technology Market by Type (Terahertz Imaging, Terahertz Spectroscopy, and Terahertz Communication Systems), Technology (Terahertz Source and Terahertz Detector), Application & Region - Analysis & Forecast to 2022
Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets