Quantum Cascade Laser Market Size, Share, Growth Report 2030

Quantum Cascade Laser Market

Quantum Cascade Laser Market - by Operation Mode (Pulsed and Continuous Wave), by Packaging Type (HHL & VHL Package, C-Mount, and TO3 Package), by Fabrication Technology (Distributed Feedback, Fabry–Perot, and Tunable External Cavities), by End User (Industrial, Telecommunications, Healthcare, Military & Defense, and Others), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3091 Published Date: Oct-2020 Status : Published

Global Quantum Cascade Laser market, which was estimated at 350 (USD Million) in 2019 and is predicted to accrue earnings worth 468 (USD Million) by 2026, is set to record a CAGR of nearly 4% over 2020-2026.

The global Quantum Cascade Laser market, which was estimated at 350 (USD Million) in 2019 and is predicted to accrue earnings worth 468 (USD Million) by 2026, is set to record a CAGR of nearly 4% over 2020-2026. The report offers valuation and analysis of Quantum Cascade Laser market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

Global Quantum Cascade Laser Market SizeRequest Free Sample

Introduction

Quantum cascade lasers are semiconductor lasers that emit in range of mid to high infrared. Moreover, this was exhibited by Jerome Faist, Dehorah Sivco, Albert Hutchinson, Federico Capasso, Carlo Sirtori, and Alfred Cho in Bell labs during 1994. They find lucrative application in the domain of chemical physics including helium drops research, matrix isolation infrared photochemistry, and population pumping.  Manufacturers of the product are focusing on designing operating wavelengths in the range of microns of more than 10 micrometers.

Market Growth Drivers

Massive utilization of quantum cascade lasers in chemical detection and gas sensors along with escalating use of the product in healthcare sector will steer the expansion of quantum cascade lasers market in the foreseeable future. Apart from this, the new technology finds widespread application in bio-medicine, defense, sensing, and homeland security domains. Apparently, the high powered lasers having low rate of failure, elongated life span, and strong fabricating property and this will steer the demand for the quantum cascade lasers in the near future.

Furthermore, the product finds humungous number of applications in biology as well as biotechnology fields for determining non-invasive blood glucose. In addition to this, large-scale use of quantum cascade laser systems for free-space communication as well as manifold gas sensing technique is slated to generate lucrative growth avenues for the industry over the forthcoming years. Nonetheless, huge quantum cascade lasers costs and surge in the deployment costs are predicted to impede the business growth over the forecast timespan.

Asia Pacific Market To Witness Lucrative Surge Over 2020-2026

The expansion of the quantum cascade laser industry over the estimated timespan is due to huge penetration of quantum cascade lasers across defense, industrial, and medicine sectors in the region. Apart from this, escalating industrial growth in the countries like India and China have resulted in burgeoning demand for the quantum cascade laser technology and this will prompt the regional market expansion over the estimated timespan.

Key players profiled in the report include Eluxi Ltd., Akela Laser Corporation, Thorlabs, mirSense, Picarro Inc, Hamamatsu Photonics K.K., Longwave Photonics, Aerodyne Research Inc., Block MEMS, Emerson Electric Co., Pranalytica, Wavelength Electronics Inc, Boston Electronics Corporation, PNNL, DRS Daylight Solutions, MG Optical, Lasermax Inc., nanoplus Nanosystems Technologies GmbH, Alpes Laser, Power Technology Inc., SacherLaser Technik, and AdTech Optics.

The global quantum cascade laser market is segmented as follows:

By Fabrication Technology:

  • Fabry–Perot
  • Distributed Feedback
  • Tunable External Cavities

By Operation Mode:

  • Continuous Wave Mode
  • Pulsed Mode

By Packaging Type:

  • C-Mount Package
  • HHL & VHL Package
  • TO3 Package

By End User:

  • Industrial
  • Healthcare
  • Telecommunication
  • Military & defense
  • Others (research and development, education)

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Massive utilization of quantum cascade lasers in chemical detection and gas sensors along with escalating use of the product in healthcare sector will steer the expansion of quantum cascade lasers market in the foreseeable future. Apart from this, the new technology finds widespread application in bio-medicine, defense, sensing, and homeland security domains. Apparently, the high powered lasers having low rate of failure, elongated life span, and strong fabricating property and this will steer the demand for the quantum cascade lasers in the near future.

According to Zion market research report, the global Quantum Cascade Laser market, which was estimated at 350 (USD Million) in 2019 and is predicted to accrue earnings worth 468 (USD Million) by 2026, is set to record a CAGR of nearly 4% over 2020-2026.

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth can be credited to huge penetration of quantum cascade lasers across defense, industrial, and medicine sectors in the region. Apart from this, escalating industrial growth in the countries like India and China have resulted in burgeoning demand for the quantum cascade laser technology and this will prompt the regional market expansion over the estimated timespan.

The key players profiled in the report include Eluxi Ltd., Akela Laser Corporation, Thorlabs, mirSense, Picarro Inc, Hamamatsu Photonics K.K., Longwave Photonics, Aerodyne Research Inc., Block MEMS, Emerson Electric Co., Pranalytica, Wavelength Electronics Inc, Boston Electronics Corporation, PNNL, DRS Daylight Solutions, MG Optical, Lasermax Inc., nanoplus Nanosystems Technologies GmbH, Alpes Laser, Power Technology Inc., SacherLaser Technik, and AdTech Optics.

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