Mid-infrared Lasers Market Analysis, Size, Share, Growth, Trends, and Forecast 2021 – 2028

The Mid-infrared Lasers Market is segmented by Wavelength (Tunable Mid-IR Lasers, Fixed Mid-IR Lasers, and Broadband Mid-IR Lasers), Type (Non-linear Frequency Mid-IR laser, Solid State Laser, Semiconductor Laser, Gas Laser, Free Electron Based Mid-IR Laser, and Others), Application (Spectroscopy, Remote Sensing, Free Space Communication, Laser Scalples, and Non-Invasive Medical Diagnostics); and End-use Industry (Aerospace & Defense, Healthcare, Chemical, Research, and Others), By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa)

  • Report ID : MD2681
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  • Pages : 120
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  • Tables : 60
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  • Formats :

The Mid-infrared (IR) Lasers market is projected to exceed US$2.72 billion of revenue in 2023, growing with an 11.4% CAGR for the forecast period of 2021-2023.

Mid-infrared Lasers Market
Mid-infrared Lasers are mostly adopted in environmental monitoring and free-space optical communications, due to their power transmission features even under unfavourable weather conditions such as rain, snow, fog, etc.

Their ability to spread over long distances also enables application in the defence industry, as they can be utilized for counter-measuring against heat sinking missiles, targeting illumination and designation, covert and line of sight communications, as well as sensing organic molecular fingerprints.

Furthermore, the remote sensing of Mid-IR Lasers is adopted in spectroscopy for precise and rapid detection of explosives.

As a result of their various applications, laser-spectroscopic systems have experienced increasing demand from laboratories over the past years. Investors have given priority to the chemical, healthcare, and defence industry applications, deemed as essential.

To allow for innovation in those sectors, the spending in R&D has risen. On one hand, scientific applications such as quantum, non-linear optics, and silicon photonics have been introduced and manufacturers have aimed at developing further the hybrid fibre pumped Mid-IR Lasers, which are to be utilized in laser scalpels, inspection applications of non-destructive nature, or non-metal processing.

On the other hand, the production of the Mid-IR Tunable Lasers has been increasing, in order to grow business with gas sensing applications. This particular segment of the Mid-IR lasers is expected to deliver staggering growth, as a result of the growing demand for equipment for metrology inspection, as well as the measurement equipment in manufacturing plants.

Mid-infrared Lasers Market Growth and Trend
Although the Covid-19 crisis left investors with unfavourable attitudes towards spending, which resulted in poor market performance, stakeholders have increased funding of R&D and therefore, contributed to its revival.

Mid-IR lasers are widely applicable. Manufacturers are pouring investment into R&D to develop Solid-state Lasers and take advantage of their applications in healthcare.
Further opportunities for gaining revenue for stakeholders come from its applications in defence. In order to gain a competitive advantage, companies invested in developing hybrid Mid-IR Lasers to allow for applications such as stand-off detection of explosion hazards, IR countermeasures, and covert communications. The remote sensing ability of the hybrid lasers is the driver behind their increasing demand and therefore, manufacturers that have proprietary capabilities have been aiming to secure their availability at low cost.

However, growth may be hampered by the low awareness, which characterizes the Mid-infrared spectral region, as only a few lasers with such wavelength range are commercially available. This presents an opportunity for the introduction of new Mid-range lasers, which could impact science and hence, the healthcare industry. In addition to surgical applications, Mid-range lasers could be adopted in telecommunication, material processing, or other industrial and research practices.

Mid-infrared Lasers Market Segmentation
The Mid-infrared Lasers market is segmented by type, wavelength, and end-use industry.

According to type, the market is divided into Non-linear frequency Mid-IR laser, Solid-state laser, Semiconductor laser, Gas laser, Free electron-based Mid-IR laser, and others.
Based on wavelength, the lasers are categorized as Tunable Mid-IR Lasers, Fixed Mid-IR Lasers, Broadband Mid-IR lasers. Although all of the aforementioned are drivers of industry growth, the Tunable lasers are expected to have the largest contribution, due to their application in metrology and manufacturing.

In terms of the end-use industry, the market is segmented into research, chemical, healthcare, aerospace and defence, and others. All segments are projected to increase revenue significantly in the future. The growing usage of mid-IR lasers for biomedical research and diagnostics is expected to be very attractive, however, the defence segment, and specifically spectroscopy, is projected to expand more than any another for the period between 2021 and 2023.

Mid-infrared Lasers Market Share and Competition
The major players operating in the global mid-infrared lasers market are Hamamatsu Photonics Kk, Thermo Fisher Scientific Inc, Boston Electronics Corporation, Genia Photonics Inc, IMRA America Inc, IPG Photonics Corporation, Photonics Industries International Inc, Alpes Lasers S.A., AMS Technologies AG, Menlo Systems GmbH, Sacher Lasertechnik Group, and Soliton Laser- und Messtechnik GmbH.

Report Highlights
• Historical Revenue and Unit Sales Volume Data (2010 - 2020)
• Forecast Revenue and Unit Sales Volume Data (2021 - 2028)
• Price trend and analysis
• Segment based revenue and unit sales data (2010 - 2028)
• Import/Export Analysis
• Competitive Analysis and Company Profiles
• Product analysis and Strategic framework

Industry segmentation and Revenue Breakdown
Wavelength Type Analysis (Revenue, USD Million, 2021 - 2023)
• Tunable Mid-IR Lasers
• Fixed Mid-IR Lasers
• Broadband Mid-IR Lasers

Laser Type Analysis (Revenue, USD Million, 2021 - 2023)
• Non-linear Frequency Mid-IR laser
• Solid State Laser
• Semiconductor Laser
• Gas Laser
• Free Electron Based Mid-IR Laser

Application Type Analysis (Revenue, USD Million, 2021 - 2023)
• Spectroscopy
• Remote Sensing
• Free Space Communication
• Laser Scalpels
• Non-Invasive Medical Diagnostics

Vertical Type Analysis (Revenue, USD Million, 2021 - 2023)
• Aerospace and Defense
• Healthcare
• Chemical
• Research

Country Analysis (Revenue, USD Million, 2021 - 2023)
• U.S.
• Canada
• Mexico
• Brazil
• Argentina
• Rest of South America
• Germany
• France
• Italy
• U.K.
• Belgium
• Spain
• Russia
• Turkey
• Netherlands
• Switzerland
• Rest of Europe
• Japan
• China
• India
• South Korea
• Australia
• Singapore
• Malaysia
• Thailand
• Indonesia
• Philippines
• Rest of Asia-Pacific
• U.A.E
• Saudi Arabia
• Egypt
• South Africa
• Israel
• Rest of the Middle East and Africa

Mid-infrared Lasers Market Companies
• Hamamatsu Photonics Kk
• Thermo Fisher Scientific Inc
• Boston Electronics Corporation
• Genia Photonics Inc
• IMRA America Inc
• IPG Photonics Corporation
• Photonics Industries International Inc
• Alpes Lasers S.A.
• AMS Technologies AG
• Menlo Systems GmbH
• Sacher Lasertechnik Group
• Soliton Laser- und Messtechnik GmbH

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