USD 11.00 Billion
Tunable Laser Market Size, Share, Growth Analysis, By TypeSub-SegmentsSolid State Tunable Lasers, Gas Tunable Lasers, Fiber Tunable Lasers, Liquid Tunable Lasers, Free-electron Laser (FEL), Nanoseconds Pulsed OPO and Others(External Cavity Diode Laser, Distributed Bragg Reflector Laser (DBR), Distributed Feedback Laser (DFB), Vertical Cavity Surface Emitting Lasers (VCSELs)), By Technology(Less Than 1000 Nm, 1000nm-1500nm and More Than 1500nm), By Wavelength(Micro Processing, Drilling, Cutting, Welding), By Application(Electronics and Semiconductors, automotive, Aerospace, Telecommunication and Networking Devices), By End-User(OEM and Aftermarket), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45J2224 |
Region:
Global |
Published Date: March, 2024
Pages:
196
|Tables:
150
|Figures:
76
Tunable Laser Market Insights
Global Tunable Laser Market size was valued at USD 11.00 Billion in 2022, and is poised to grow from USD 11.96 Billion in 2023 to reach USD 25.33 Billion by 2031, growing at a CAGR of 8.7% during the forecast period (2024-2031)
Technically, tunable lasers are used in fiber optics and sensing applications, such as distributed stress and thermal imaging, size distribution measurement and aircraft health monitoring, wind turbine health monitoring, power generator health monitoring, cavity detection/sinkhole monitoring.
Expanding network demand for wider bandwidth and increased data transmission capacity, increased demand for high quality industrial products, and increased demand for consumer electronics all contribute to the growth of the market. Innovations in semiconductor and measuring devices, network saturation and traffic of the commodity. The need for quick results at reasonable costs contributing to growth are key drivers of one of the global markets going forward. The need for such lasers stems from the increasing need in the biological monitoring market and their increasing acceptance in the pharmaceutical industry and other fields albeit with limited sample sizes such is helpful in toxicological and toxicological analysis though.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Fiber-tunable
Fastest Growth
Growth Rate
8.7% CAGR
Global Tunable Laser Market ($ Bn)
Country Share for North America Region (%)
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Tunable Laser Market Segmental Analysis
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. 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. On the basis of wavelength, the tunable laser market has been segmented into less than 1000 nm, 1000nm-1500nm and more than 1500nm. On the basis of application, the market has been segmented into micro processing, drilling, cutting, welding, engraving and marking, communication and others. On the basis of end user, the market has been segmented into electronics and semiconductors, automotive, aerospace, telecommunication and networking devices, medical, manufacturing, packaging and others. On the basis of sales channel, the market has been segmented into OEM and aftermarket. The region covered in the global market report are North America, Europe, Latin America, Asia-Pacific (APAC), MEA.
Analysis by Type
The solid-state segment dominates the market with the largest market share due to its innovative liberating nature in laser system design. Currently, sapphire is the most popular crystal for this type of laser. Its strong thermodynamic structural optical properties combine with the broadest tunable range of any material in this class. It can be set at all wavelengths from 660 to 1100 nm. Tunable solid-state lasers cover a large portion of the near-infrared spectrum and extend well into the ultraviolet.
Fiber-tunable lasers is the fastest growing segment offer the advantage of wavelength tunability. This flexibility is important in applications where specific wavelengths are required such as telecommunications, spectroscopy, and medical imaging. Optical communication systems use fiber tunable lasers for wavelength-division multiplexing (WDM). They allow wavelength adjustments to avoid interference and improve transmitted signal quality.
Analysis by Technology
In 2021, the external cavity diode laser segment holds the largest market share as they offer a wide tuning range (more than 40 nm) and can take tens of milliseconds to change wavelength despite the low tuning speed resulting in its use rate optical testing and measuring equipment increases.
The combination of fiber tunable laser and DFB laser has expanded the global tunable laser market to meet the needs of various industries. Continued improvements in these technologies contribute to the development of new applications and the enhancement of existing applications. The tunability of these lasers allows for customization, meeting specific requirements in different industries.
Global Tunable Laser Market By Type
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Tunable Laser Market Regional Insights
North America dominates this market. The dominance is attributed to marketing analytics technology and current players in the market since its inception. Also, government agencies, corporations, third-party service providers, and others are investing resources in developing consumer-centric products, which will contribute to the success of the industry Due to advances in advanced medical lasers, the market is expected to grow significantly. Throughout the forecast period, the applications of such lasers in medical devices and therapeutics, fiber optic communication and automotive industry are expected to grow rapidly.
Owing to the rapid population growth, Asia Pacific is expected to witness high demand during the forecast period. The gains in per capita GDP and industrial growth, the region has been primarily urbanized, turning rural areas into urban areas. Due to unpredictably high demand, cities are stuck in an unsustainable shopping pattern.
Global Tunable Laser Market By Region
- Largest
- Fastest
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Tunable Laser Market Dynamics
Drivers
Rise of Smartphones and Social Networking
- The rise of smartphones and social networking creates a huge need for network capacity, which is further expected to meet the need for network expansion requirements through tunable lasers. There is expected to be an increasing need for manufacturers' transmitters in the metro network market. This will increase the demand for tunable lasers in the near future. Further, valuable factors such as convenient tuning options for metro network carriers, cost control, competitive advantage and speed of implementation are expected to fuel the global tunable laser market demand.
Rising Advent of 5G Technology
- The advent of 5G technology continues to increase the demand for tunable lasers, as 5G networks require advanced optical solutions to support ultra-fast data transmission rates and low-latency communications Tunable lasers enable wavelength delivery division multiplexing (WDM) techniques are used, which This capability in order to facilitate the easy combination of optical signals in a single fiber optic cable is crucial to meet the bandwidth requirements of 5G networks , and for the adoption of tunable lasers in all telecommunication systems worldwide.
Restraints
Technological Difficulties of Tunable Laser
- The technological difficulties of tunable laser act as a major restraint for the growth of global tunable laser market. Apart from tunable laser development, innovative advanced technologies introduced by various market players provides fresh opportunities for global tunable laser market growth Laser is used for various purposes such as welding, cutting, marking and any unsuitable process a lack of safety features can cause serious injuries serves as a great challenge.
High Initial Investment
- Despite the promising growth prospects, the global tunable laser market faces challenges related to high initial investment and operating costs associated with tunable laser systems. Developing tunable lasers with improved performance specifications often requires that they provide capital for research and development (R&D) and substantial contributions to the overall cost burden.
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Tunable Laser Market Competitive Landscape
The competitive environment of the Global Tunable Laser Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. The global market exhibits high competition characterized by the presence of many prominent players and fierce competition among key market players. Market dominant companies continue to strengthen their market positions through strategies such as product innovation, strategic partnerships, mergers and acquisitions, and geographic expansion.
A notable trend in the competitive landscape is the focus on developing compact cost effective, energy efficient tunable laser solutions to meet the evolving requirements of end users in various applications. Tuning range, output power, spectral purity and wavelength accuracy. Research the market players to enhance the performance characteristics such as tuning range, output power, spectral accuracy and wavelength accuracy -Invest heavily in development activities.
Top Player’s Company Profiles
- Emerson Electric Co.
- Yokogawa Electric Corporation
- Servomex Limited
- SpectraSensors
- AMETEK Inc.
- Neo Monitors
- Siemens AG
- METTLER TOLEDO
- SICK AG
- ABB
- Coherent Inc.
- Agilent Technologies Inc.
- Daylight Solutions
- EMCORE Corporation
- Continuum, Finisar Corp.
- Fujitsu Optical Components Limited
- NEC Corporation
- JDS Uniphase Corporation
Recent Developments
- In 2022, At the recent LUX-Enterprise Singapore Copackaged Photonics/ASICs & Heterogeneous Integration Workshop, Singapore-based silicon photonic (SiPh) foundry service provider CompoundTek Pte Ltd shared the results of a hybrid silicon O+C+L-band wavelength-1. tunable in came the laser module that one the thief-mode product company was working with CompoundTek.
- In February 2024, Expla strengthened its global network of more than 25 distributors to strengthen its global market presence. Its electronic products have been popular among United States laser manufacturers for 20+ years straight, and more partners are now being sought to represent and distribute its OEM laser electrical applications in the United States and Canada.
- In January 2024, TOPTICA Photonics AG announced that its French subsidiary TOPTICA Photonics SAS acquired TOPTICA product sales in France to strengthen collaboration by providing direct connections to French scientific or technical customers and partners TOPTICA Photonics SAS TOPTICA partner service price HighFinesse GmbH will also be distributing its products, and supporting TOPTICA lasers as well as wavelength meters and other optical analyzers.
Tunable Laser Key Market Trends
- Rising Integration of Tunable Lasers: A major trend shaping the global tunable laser market is the integration of tunable lasers with advanced sensing and imaging technologies, especially in the healthcare industry providing specific control of tunable laser wavelength emissions for applications requiring high-resolution imaging and spectroscopic analysis Models Tunable lasers in health explore as various applications in areas such as medical research, ophthalmology, dermatology, and bioluminescence. A notable application is optical coherence tomography (OCT), an imaging technique that is not widely used in ophthalmology for retinal imaging and the diagnosis of various eye diseases that enables tunable laser OCT systems obtain high-quality optic nerve imaging for age-related macular degeneration Facilitates early diagnosis and management of conditions such as (AMD) and glaucoma Ability to adjust laser wavelength enables doctors to provide imaging the depth and contrast are good, resulting in better diagnostic accuracy and patient outcomes.
Tunable Laser Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The widespread use of optical technology for the manufacture of multi-purpose electronic devices is primarily driving the growth of the market. Advances in consumer electronics, such as microsensing, flat panel displays and lidar have also led to the demand for tunable lasers in semiconductor and materials applications. The global tunable laser market will witness tremendous growth driven by increasing demand for advanced optical communication systems and increasing applications in industries such as telecom, healthcare, research etc. Tunable lasers provide the ability to adjust the wavelength of emitted light, provides flexibility and versatility in optical networks and devices. Key drivers of market expansion include widespread adoption of wavelength-division multiplexing (WDM) technology, which relies on tunable lasers for dense wavelength division multiplexing (DWDM) systems for data transmission capacity and network efficiency increase along with the proliferation of 5G networks. The Internet of Things (IoT) ecosystem further fuels the demand for optical fiber tunable lasers for high-speed data communication and bandwidth optimization Also, advancements in tunable laser technology including improved tuning range, robustness and power efficiency contribute to the market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 11.00 Billion |
| Market size value in 2031 | USD 25.33 Billion |
| Growth Rate | 8.7% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Tunable Laser Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Tunable Laser Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Tunable Laser Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Tunable Laser Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Tunable Laser Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Tunable Laser Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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