Semiconductor Laser Market Analysis, Share, Size and Forecast to 2020

Technavio Announces the Publication of its Research Report Global Semiconductor Laser Market 2016-2020
Technavio recognizes the following companies as the key players in the global semiconductor laser market: Coherent, Novanta Group, Han’s Laser, Rofin-Sinar Technologies, and TRUMPF.
Other Prominent Vendors in the market are: Fanuc, GBOS Laser Technology, Lumenis, Laser Photonics, Quanta System, Active Fiber Systems, Advalue Photonics, Calmar Lase, Furukawa Electric, Hypertherm, Lumentum Operations, and Nufern.

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Commenting on the report, an analyst from Technavio’s team said: “Increase in number of mergers and acquisitions will be a key trend for market growth. The global CO2 laser market has been consolidating, and this is expected to continue during the forecast period. Existing vendors are acquiring new firms to either enter the market or broaden their product portfolios. In 2012, Coherent entered an acquisition agreement with Innolight and Lumera Laser to strengthen its market presence. Thus, the increase in the number of M&A will drive the market's growth during the forecast period.”
According to the report, the growing acceptance of fiber lasers will be a key driver for market growth. Material processing involves chemical or mechanical steps for the manufacture of products in industries such as general manufacturing, automotive, heavy industry, electronics, and aerospace. Material processing applications include metal welding, plastic welding, brazing (mostly in automotive engineering), cutting of metals, and welding or cladding for the automobile, machine tooling, and medical sectors. The rigid machine architecture of other laser products sometimes creates an issue of field serviceability, leading to an increase in the cost of ownership. Fiber lasers have a modular design that enables simple field replacement of components in the...