Solid State Laser Market 2020 Forecasts for Global

Global Solid-State Laser Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 51 pages and provides 25 Exhibits; the report is published in Jan -2016.

The analysts forecast global solid state laser market will witness an initial increase and then fall in revenue, and is likely to decline at a CAGR of (1.3)% during the period 2016-2020. Solid-state lasers contain the active laser medium, which is a solid that contains glasses or crystals pumped with rare earth elements. Solid-state lasers are preferred over other lasers such as excimer lasers because they are more reliable, efficient, robust, and easier to operate. They are used for cutting and welding in industries such as manufacturing, automotive, electronics, healthcare, and telecommunication. Their superior performance, compact size, high output power, and durability have led to increased demand for solid-state lasers across several industries.

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This report covers the present scenario and the growth prospects of the global solid-state laser market for the period 2016-2020. To calculate the market size, This report covers the sales of solid-state lasers across various application segments.

The market is divided into the following segments based on application:

Communication

Medical

Materials processing

Data storage

Defense

Automotive

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This report, Global Solid-State Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors- Coherent, Rofin-Sinar Technologies,...