Get your sample copy of Laser Technology Market Research Report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=57125 . Laser Technology Market: View report synopsis @ http://goo.gl/5orvxf . The laser processing market in APAC is expected to hold the largest share during the forecast period. APAC offers potential growth opportunities to the laser processing market as there is a rise in the verticals using laser systems such as aerospace & defense and architecture that leverage on the power of lasers for carrying out functions such as material processing and marking & engraving that are time-consuming and cumbersome.

1. Laser Technology Market by Type (Solid, Liquid, Gas), Application (Optical Commu
By
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2. Global Laser Technology– Market Size and Drivers:
The laser technology market is expected to grow from USD 10.09 billion in 2015 to reach
USD 14.67 billion by 2022, at a CAGR of 5.33% between 2016 and 2022. Growing focus of
manufacturers and industrialists on implementing laser technology in the manufacturing
processes is one of the major driving factors for this market. In addition to this, the
increasing adoption of laser technology in biology, scientific research, and medical sectors
due to its benefits is also accelerating the growth of the laser technology market.
“The optical communication application expected to witness the highest growth rate
during the forecast period”
The application of laser in optical communication has been one of the driving factors for the
development of the laser technology. Laser has shorter wavelength and is less divergent
than radio signals due to which it can achieve higher data rates and consume lesser power
for data transmission
Laser Technology Market: Analysis & Forecast to 2022
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“The market in APAC expected to hold the largest share and grow at the highest rate”
The market in APAC is expected to hold the largest share of the laser technology market and
to witness the highest growth rate during the forecast period. This growth can be credited
to the high adoption of this technology in this region, especially in China and Japan. The
manufacturing companies based out of China and Japan are increasingly making use of laser
technology-based products for material processing which is leading to the growth of this
market in APAC. Rapid modernization in the countries of APAC has accelerated the growth,
especially of the semiconductor & electronics vertical which has ultimately led to the
growth of the laser technology market in this region.
The breakup of profile of primary participants is given below:
By Company Type: Tier 1 – 22%, Tier 2 – 35%, and Tier 3 – 43%
By Designation: C-Level – 29%, Director level – 37%, and Others – 34%
By Region: North America – 39%, Europe – 31%, APAC – 21%, and RoW – 9%
Laser Technology Market: Analysis & Forecast to 2022

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The key players in the market include Coherent, Inc. (U.S.), Trumpf Group (Germany), IPG
Photonics Corp. (U.S.), ROFIN-SINAR Technologies, Inc. (U.S.), Newport Corp. (U.S.), Jenoptik
AG (Germany), Lumentum Holdings, Inc. (U.S.), GSI Group, Inc. (U.S.), Han's Laser
Technology Industry Group Co., Ltd. (China), and Epilog Laser (U.S.) among others.
Complete report on Laser Technology Market spread across 161 pages, profiling 10
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Laser Technology Market: Analysis & Forecast to 2022

5. Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Type
8 Market, By Application
9 Market, By Vertical
10 Market, By Geography
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Laser Technology Market: Analysis & Forecast to 2022

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Laser Technology Market:
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analysis of over 5000 market segments. RnR Market Research library has syndicated reportsanalysis of over 5000 market segments. RnR Market Research library has syndicated reports
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Laser Technology Market:
Analysis & Forecast to 2022