PUBLISHER: IMARC | PRODUCT CODE: 1468598
PUBLISHER: IMARC | PRODUCT CODE: 1468598
Solid-State Laser Market by Type (Continuous Wave Lasers, Pulsed Solid State Lasers), Application (Aerospace and Defense, Automotive, Healthcare, and Others), and Region 2024-2032
The global solid-state laser market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.16% during 2024-2032. The increasing demand for pulsed lasers and the extensive product usage in the field of dentistry, surgical procedures, and diverse skin rejuvenation therapies represent some of the key factors driving the market.
Solid-state laser (SSL) represents a class of active laser that is created on various solid-state-gain mediums, such as crystalline and glass materials doped with rare and transition metal ions. It relies on garnets, aluminates, metal oxides, fluorides, tungstate, and molybdates as standard crystalline materials that act as a good host for producing laser light. SSL comprises optics and electronic items, including internal controls and power supply solutions, as two major components that are integrated into one box for product formation. As compared to gas laser light, SSL provides superior laser output per unit volume even while using a small resonator. Apart from this, it is economical and offers high beam quality, amplitude stability, better peak power, unparalleled efficiency, reduced chance of material in active medium going waste, and nearly diffraction-limited beam divergence. Consequently, SSL finds extensive applications in endoscopy, target destination systems, metal drilling, and environmental instrumentation measurements.
The widespread adoption of SSL across the healthcare sector can be attributed to the increasing demand for pulsed lasers and the extensive product usage in the field of dentistry, surgical procedures, and diverse skin rejuvenation therapies. This represents one of the key factors driving the market growth. Such laser solutions are further utilized in melasma treatment, scar removal, and eye surgeries owing to their multiple benefits, such as enhanced convenience, reduced non-contact lens risks, and permanently improved vision. Moreover, the significant expansion in the automotive and aerospace industries and the escalating need for welding technologies have encouraged manufacturers to employ a solid-state laser to join multiple metal pieces through a beam, which is acting as another growth-inducing factor. In line with this, the extensive product utilization in destructive laser weapon systems for disabling rivals' security systems and immobilizing the target is propelling the market growth. Furthermore, the growing SSL incorporation in red-green-blue (RGB) light sources in laser printers or projectors, optical transmission systems, and nuclear-fusion applications are supporting the market growth. Other factors, such as the escalating SSL demand in material handling operations, including etching, checking, drilling, and cutting, and ongoing research and development (R&D) activities to enhance product efficacy, are creating a positive outlook for the market across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global solid-state laser market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type and application.
Type Insights
Continuous Wave Lasers
Pulsed Solid State Lasers
The report has also provided a detailed breakup and analysis of the solid-state laser market based on the type. This includes continuous wave and pulsed solid state lasers. According to the report, continuous wave laser represented the largest segment.
Application Insights
Aerospace and Defense
Automotive
Healthcare
Others
A detailed breakup and analysis of the solid-state laser market based on the application has also been provided in the report. This includes aerospace and defense, automotive, healthcare and others. According to the report, healthcare accounted for the largest market share.
Regional Insights
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa.
According to the report, the Asia Pacific was the largest market for solid-state laser. Some of the factors driving the Asia Pacific solid-state laser market included its increasing need for pulsed lasers and rising product usage in surgical procedures and skin rejuvenation therapies.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global solid-state laser market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Coherent Inc., CrystaLaser, Han'S Laser Technology Industry Group Co. Ltd., InnoLas, Jenoptik AG, Laserglow Technologies, Photonics Industries International Inc., Tianjin Maiman Laser Technology Co. Ltd, Trumpf, Wuhan Huaray Precision Laser Co. Ltd etc. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global solid-state laser market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global solid-state laser market?
- What are the key regional markets?
- Which countries represent the most attractive solid-state laser markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global solid-state laser market?
- Who are the key players/companies in the global solid-state laser market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Solid-State Laser Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Continuous Wave Lasers
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Pulsed Solid State Lasers
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Application
- 7.1 Aerospace and Defense
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automotive
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Healthcare
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Coherent Inc.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 SWOT Analysis
- 13.3.2 CrystaLaser
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Han'S Laser Technology Industry Group Co. Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 InnoLas
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Jenoptik AG
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 Laserglow Technologies
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Photonics Industries International Inc.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Tianjin Maiman Laser Technology Co. Ltd
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Trumpf
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Wuhan Huaray Precision Laser Co. Ltd
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.1 Coherent Inc.
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report
List of Figures
- Figure 1: Global: Solid-State Laser Market: Major Drivers and Challenges
- Figure 2: Global: Solid-State Laser Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Solid-State Laser Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Solid-State Laser Market: Breakup by Type (in %), 2023
- Figure 5: Global: Solid-State Laser Market: Breakup by Application (in %), 2023
- Figure 6: Global: Solid-State Laser Market: Breakup by Region (in %), 2023
- Figure 7: Global: Solid-State Laser (Continuous Wave Lasers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Solid-State Laser (Continuous Wave Lasers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Solid-State Laser (Pulsed Solid State Lasers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Solid-State Laser (Pulsed Solid State Lasers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Solid-State Laser (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Solid-State Laser (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Solid-State Laser (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Solid-State Laser (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Solid-State Laser (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Solid-State Laser (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Solid-State Laser (Others) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Solid-State Laser (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: North America: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: North America: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: United States: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: United States: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Canada: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Canada: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Asia-Pacific: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Asia-Pacific: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: China: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: China: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Japan: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Japan: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: India: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: India: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: South Korea: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: South Korea: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Australia: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Australia: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Indonesia: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Indonesia: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Others: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Others: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Europe: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Europe: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Germany: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Germany: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: France: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: France: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: United Kingdom: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: United Kingdom: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Italy: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Italy: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Spain: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Spain: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Russia: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Russia: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Others: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Others: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Latin America: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Latin America: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Brazil: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Brazil: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Mexico: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Mexico: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Middle East and Africa: Solid-State Laser Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Middle East and Africa: Solid-State Laser Market: Breakup by Country (in %), 2023
- Figure 67: Middle East and Africa: Solid-State Laser Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Global: Solid-State Laser Industry: Drivers, Restraints, and Opportunities
- Figure 69: Global: Solid-State Laser Industry: Value Chain Analysis
- Figure 70: Global: Solid-State Laser Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Solid-State Laser Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Solid-State Laser Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Solid-State Laser Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Solid-State Laser Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Solid-State Laser Market: Competitive Structure
- Table 6: Global: Solid-State Laser Market: Key Players
