DUBLIN, April 17, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/xr3xzn/global_industrial) has announced the addition of the "Global Industrial Laser Market Report" report to their offering.
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The analysts forecast the Global Industrial Laser market to grow at a CAGR of 10.64 percent over the period 2012-2016. One of the key factors contributing to this market growth is the advanced end-user requirements and market. The Global Industrial Laser market has also been witnessing the increasing awareness about brand security and anti-counterfeiting protection. However, the high implementation cost could pose a challenge to the growth of this market.
The report, the Global Industrial Laser market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions, and the Americas; it also covers the Global Industrial Laser market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major applications for laser technology is light illumination. Lasers are 1,000 times more powerful than any light emitting diode. The Lighting industry is poised to witness a transformation because of the increasing usage and adoption of lasers for lighting purposes. Most of the high power bulbs will be replaced by laser illuminated bulbs during the forecast period. Laser lights consume less energy than conventional bulbs and provide more illumination. Moreover, laser lights do not harm the environment and people. Laser lights are expected to be much smaller than the current systems and will consume less energy.
According to the report, one of the major drivers in this market is the technological advancements in the Industrial sector. This in turn is expected to increase the demand and usage of highly efficient lasers during the forecast period.
Further, the report states that one of the major challenges in this market is the lack of technical expertise amongst workers. Laser system installation and maintenance requires good technical knowledge and experience. If laser systems are not operated properly due to a lack of technical expertise, it could result in serious damage to the environment and other related machinery.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
06. Market Landscape
07. Market Segmentation by Application
08. Market Segmentation by End-users
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
- Axcel Photonics Inc.
- Coherent Inc.
- Global Laser Ltd.
- IPG Photonics Corp.
- Laserline GmbH
- Newport Corp.
- Rofin-Sinar Technologies
For more information visit http://www.researchandmarkets.com/research/xr3xzn/global_industrial
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets