The Worldwide Market for Lasers: Market Review and Forecast 2018

The laser market in 2017 grew at a rate in many areas like nothing that we have ever experienced before. There was no one single factor contributing to all this growth, but rather it was a combination of several broadly-based factors including strong economic demand worldwide, combined with wide adoption of laser technologies being used in and to produce more products than ever. Laser areas with revenue growth in excess of 20% in 2017 included; KW and micro material processing, displays, and sensors. Communications and medical lasers saw revenue growth over 10%. Overall, the entire laser market had a combined revenue growth of almost 20% in 2017. Learn more about what is driving this growth in this new report which analyzes each laser application, and provides forecasts for units, ASP, and revenues by laser type and application through 2023, in addition to providing insights into what is shaping today’s laser industry and what you can expect from the laser industry in the future.