By thoroughly understanding and keeping into focus customer requirement, one step or combination of many steps has been utilized to frame the most excellent North America Tunable Laser Market research report. What is more, emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed exactly while generating this report. This report contains a bottomless knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. The large-scale North America Tunable Laser Market report contains all the company profiles of the major players and brands.
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The tunable laser market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 9.1% in the forecast period of 2021 to 2028 and is expected to reach USD 4,625.53 million by 2028. The increasing growth in electronics industry is boosting the growth of the tunable laser market.
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Market Overview
Tunable lasers offer the ability to tune the output wavelength as per the use of the application. Some tunable lasers offer high-speed tuning and are termed as wavelength agile or frequency agile. Tunable lasers generally operate in a continuous fashion through a small emission bandwidth, however, some lasers also offer the ability to shift the lines in the optical spectrum or the envelope of the frequency comb.
The major players covered in the North America tunable laser market report are Daylight Solutions (a subsidiary of Leonardo DRS), EKSPLA, HÜBNER Photonics, TOPTICA Photonics AG, Keysight Technologies, Luna Innovations Incorporated, LUMIBIRD, II-VI Incorporated, NeoPhotonics Corporation, SANTEC CORPORATION, EXFO Inc., Thorlabs, Inc., VIAVI Solutions Inc., Newport Corporation (a subsidiary of MKS Instruments), Lumentum Operations LLC, Radiant Light S.L., Changchun New Industries Optoelectronics Tech. Co., Ltd., Sacher Lasertechnik GmbH, AMETEK, Inc., Freedom Photonics LLC, Coherent, Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Tunable Laser Market Scope and Market Size
The tunable laser market is segmented into six notable segments which are based on the type, technology, wavelength, application, end user and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
  • On the basis of type, the tunable laser market has been segmented into solid state tunable lasers, gas tunable lasers, fiber tunable lasers, liquid tunable lasers, free-electron laser (FEL), nanoseconds pulsed OPO and others. In 2021, solid state tunable lasers segment dominates the market with the largest market share owing to its feature of offering additional freedom in the laser system design.
  • On the basis of technology, the tunable laser market has been segmented into external cavity diode laser, distributed bragg reflector laser (DBR), distributed feedback laser (DFB), vertical cavity surface emitting lasers (VCSELs), micro electro mechanical system (MEMS) and others. In 2021, external cavity diode laser segment holds the largest market share as they provide wide tuning range (greater than 40 nm) and despite of the low tuning speed, it can take tens of milliseconds to change wavelengths which in result enhance its utilization rate in optical test and measurement equipment.
  • On the basis of wavelength, the tunable laser market has been segmented into less than 1000 nm, 1000nm-1500nm and more than 1500nm. In 2021, 1000nm-1500nm segment augment the market with maximum market share due to the excellent quantum efficiency and high fibre coupling efficiency.
  • On the basis of application, the tunable laser market has been segmented into micro processing, drilling, cutting, welding, engraving and marking, communication and others. In 2021, communication segment dominates the market with the largest market share due to the increase in the growth of optical communication in which tunable laser will help in managing the wavelength, improving the network efficiency and in developing the next generation optical networks.
  • On the basis of end user, the tunable laser market has been segmented into electronics and semiconductors, automotive, aerospace, telecommunication and networking devices, medical, manufacturing, packaging and others. In 2021, telecommunication and networking devices segment holds the largest market share as tunable laser helps in increasing the network intelligence, functionality and efficiency.
  • On the basis of sales channel, the tunable laser market has been segmented into OEM and aftermarket. In 2021, OEM segment is dominating the market as buying laser machine from OEM tends to be more cost effective and with the utmost quality assurance which are considered to be the prime factor while buying any product from OEM.
Highlights of TOC:
Chapter 1: North America Tunable Laser Market overview
Chapter 2: North America Tunable Laser Market
Chapter 3: Regional analysis of the North America Tunable Laser Market industry
Chapter 4: North America Tunable Laser Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: North America Tunable Laser Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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