(PRWEB) October 05, 2014
According to a new market analysis report “Laser Technology Market by Type (Solid – YAG laser, Fiber laser, Thin Disk Laser, Liquid, Gas – Argon Ion Laser, Excimer, CO2& Others), Application (Medical, Industrial, Military, Research, Consumer, & Other people), and Geography – Trends & Forecast to 2013 – 2020”, published by MarketsandMarkets, the total laser technology market is expected to grow to $ 17.06 Billion by 2020, at an estimated CAGR of 7.58% from 2014 to 2020.

Browse 84 market place data Tables and 64 Figures spread by means of 225 Pages and in-depth TOC on “Laser Technology Market place”.
http://www.marketsandmarkets.com/Industry-Reports/laser-technologies-market place-795.html

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Laser is a powerful resource of light, getting incredible properties not located in normal light sources such as mercury lamps, tungsten lamps, and so on. The extraordinary property of laser is that its light waves travel extended distances with very tiny deviation, whereas, standard light emits a mixture of separate waves that cancel each other at random and therefore, can travel only quick distances. There are several kinds of lasers operating at diverse wavelengths and utilized for a variety of applications.

This report presents the future of the international Laser Technologies Industry and the sector from both technical and market place-oriented perspectives with techno-industry oriented roadmaps till 2020. It describes the market place trends, drivers, restraints, and opportunities of the Laser Technology Market place and forecasts the market to 2020, based on solution sorts, applications, and geographies. In geography, the report covers the marketplace of North America, Europe, Asia-Pacific, and RoW (Rest of the Globe). As of 2014, North America is the largest geography in terms of market place size for the laser technologies. APAC, Europe, and RoW are also regarded as as promising markets, along with China, Japan, India, Germany, and the Middle East, which supply impetus to the development.

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The report profiles 12 promising players with a SWOT evaluation of key players in the Laser Technology Market place. The competitive landscape of the industry presents an interesting image, exactly where a large quantity of modest players have turn out to be a force to reckon with. The marketplace witnesses a series of new product launch announcements and partnerships across the worth chain. Some large announcements by modest and huge players are expected in the coming months. Some of the essential players in the Laser Technologies Industry are Trumpf (U.S.), JDS Uniphase Corporation (U.S), Coherent, Inc. (U.S.), Rofin-Sinar (Germany), Cymer, Inc. (U.S.), Newport Corporation (U.S.), and IPG Photonics Corporation (U.S.).

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