Global Quantum Cascade Laser Market Outlook Report 2020: Market Accounted for $341.44 Million in 2019 and is Expected to Reach $540.12 Million by 2027
Nov 24, 2020, 06:45 ET
DUBLIN, Nov. 24, 2020 /PRNewswire/ -- The "Quantum Cascade Laser - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Quantum Cascade Laser market accounted for $341.44 million in 2019 and is expected to reach $540.12 million by 2027 growing at a CAGR of 5.9% during the forecast period.
Rising demand for quantum cascade lasers in healthcare applications and growing use of quantum cascade lasers in gas sensing are the major factors propelling the market growth. However, the high costs of QCL-based devices are hampering the market growth.
Quantum cascade lasers are used as a semiconductor lasers which offer peak emission in the mid-IR range. This quantum cascade lasers application finds in mainly of chemical physics such as research on helium droplets, in matrix isolation infrared photochemistry and in population pumping. Various quantum cascade laser manufactures are now focusing on the design for operating wavelengths ranging from a few microns to well above 10 ?m.
Based on the operation mode, the continuous wave segment is going to have a lucrative growth during the forecast period due to it is used in most of the QCL devices, as it offers continuous waves without any delay in time. In continuous wave mode, QCLs emit an uninterrupted laser beam. This is achieved through the constant pumping of the QCL. In this mode, the amplitude and the frequency of the wave are constant. A QCL operating in continuous wave mode needs stable output power.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to growing industrial manufacturing infrastructure development activities and increasing military & defense expenditure in emerging economies such as China and India.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Quantum Cascade Laser Market, By Operation Mode
5.1 Introduction
5.2 Pulsed
5.3 Continuous Wave
6 Global Quantum Cascade Laser Market, By Fabrication Technology
6.1 Introduction
6.2 Tunable External Cavities
6.3 Fabry-Perot
6.4 Extended Tuning Devices
6.5 Distributed Feedback
7 Global Quantum Cascade Laser Market, By Packaging Type
7.1 Introduction
7.2 TO3 Package
7.3 HHL & VHL Package
7.4 C-Mount Package
8 Global Quantum Cascade Laser Market, By Application
8.1 Introduction
8.2 Precision Sensing
8.3 Spectroscopy
9 Global Quantum Cascade Laser Market, By End User
9.1 Introduction
9.2 Telecommunication
9.3 Research and Development
9.4 Military & Defense
9.5 Medical
9.6 Industrial
9.7 Healthcare
9.8 Food & Beverages
9.9 Education
10 Global Quantum Cascade Laser Market, By Geography
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 AdTech Optics
12.2 Akela Laser
12.3 Allied Scientific Pro LLC
12.4 Alpes Lasers
12.5 Block Engineering
12.6 Daylight Solutions
12.7 Hamamatsu Photonics
12.8 LASERMAX
12.9 MirSense
12.10 Photonic Innovations Ltd
12.11 Physical Science Inc
12.12 Power Technology Inc.
12.13 Pranalytica
12.14 Thorlabs
12.15 Wavelength Electronics
For more information about this report visit https://www.researchandmarkets.com/r/6e0jlk
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