About Industrial Lasers
A laser (light amplification by stimulated emission of radiation) is a device that produces a concentrated beam of coherent monochromatic electromagnetic radiation by stimulated emission of photons from excited molecules. These devices are widely used in applications such as communications, materials processing, excimer lithography, data storage, medical and aesthetics, science and military, and instrumentation and sensors. Lasers are used for drilling, cutting, alignment, bloodless surgery, cosmetic dentistry, and reading bar codes. They are categorized into two types: diode and non-diode lasers.
TechNavio's analysts forecast the Global Industrial Laser market to grow at a CAGR of 10.23 percent over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Industrial Laser market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of lasers for industrial applications such as cutting, welding, marking, engraving, automotive, and semiconductor and microprocessing applications worldwide.
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