High Power Lasers Market - Global Industry Analysis, Size, Share and Forecast 2014 – 2020

High power laser diodes are made by altering the electrical properties of intrinsic semiconductors through introduction of impurities on the surface of crystal wafer. The commercially available general purpose lasers have power output in milliwatts, whereas high power lasers have a power output in watts. High power lasers include diode and non-diode lasers. Diode lasers further include direct diodes, i.e. telecom, consumer, and pump lasers. All lasers excluding direct diodes, i.e. CO2, lamp and diode pumped SSL (solid state lighting), and fiber laser, among others are included under non-diode lasers. The key end-use industries of high power lasers include military and aerospace, automotive, entertainment and display, image recording, research and development (R&D), printing, medical, materials processing and instrumentation, telecom, optical storage and barcode scanning, among others.

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Growing demand from industrial sector is driving the growth of high power lasers. Laser processing systems are used in a wide range of industrial applications. The industrial applications can be segmented into macro processing and micro processing. Macro processing applications include cutting, welding and marking applications. The micro processing applications include the production of semiconductor, printed circuit boards, flat panel displays and solar cells, among others. High power laser market faces pricing pressure and a varied international outlook. These factors pose a significant challenge to the growth of high power lasers market. There is emerging opportunity in 3D lasers technology. Further, in the recent years changing design and manufacturing processes of laser diodes are leading to fundamental shifts in the cost and reliability of high power laser systems.

There has been significant growth in demand for lasers with drastically reduced laser size, high wall plug...