The Worldwide Market for Lasers: Market Review and Forecast 2017

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In 2016 the laser market continued its multi-year stretch of strong growth, with 2016 total laser revenue growing 7% over 2015 revenue. Despite this strong growth overall, not all laser segments performed well, with marking lasers and KW material processing lasers growing slower than in the past few years. In other areas, like communications, displays and entertainment, and medical, 2016 was a great year for growth, and 2017 is looking to be just as strong. Laser technology is being used in more and more industries such as self-driving cars, cinema projection illumination, and in more medical applications, meaning growth in these areas should continue. Learn more about these technologies and trends in this new report which analyzes each laser application, provides forecasts for units, ASP, and revenues by laser type through 2022, and provides insights into what is shaping today’s laser industry.