How big is the Ultrafast Lasers Market?

The Ultrafast Lasers Market size is expected to reach USD 2.46 billion in 2024 and grow at a CAGR of 15.20% to reach USD 5 billion by 2029. Read More

What is the current Ultrafast Lasers Market size?

In 2024, the Ultrafast Lasers Market size is expected to reach USD 2.46 billion. Read More

Who are the key players in Ultrafast Lasers Market?

Amplitude Laser Group, Coherent Inc., Ekspla (EKSMA group), MKS Instruments Inc. (Newport Corporation) and Clark-MXR Inc. are the major companies operating in the Ultrafast Lasers Market. Read More

Which is the fastest growing region in Ultrafast Lasers Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Ultrafast Lasers Market?

In 2024, the Asia Pacific accounts for the largest market share in Ultrafast Lasers Market. Read More

What years does this Ultrafast Lasers Market cover, and what was the market size in 2023?

In 2023, the Ultrafast Lasers Market size was estimated at USD 2.09 billion. The report covers the Ultrafast Lasers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ultrafast Lasers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Ultrafast Lasers Market Report | Industry Analysis, Size & Forecast Overview

Ultrafast Lasers Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Ultrafast Lasers Market Report is Segmented by Laser Type (solid-State Laser, Fiber Laser), Pulse Duration (picosecond, Femtosecond), Application (material Processing and Micromachining, Medical and Bioimaging, Research), End User (consumer Electronics, Medical, Automotive, Aerospace and Defense, Research) and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Ultrafast Lasers Industry Overview

The Ultrafast laser market is fragmented and highly competitive due to multiple players. The market appears to be moderately concentrated. Vendors in the market are taking part in new product rollouts with crucial R&D investments and partnerships that significantly boost market growth. Additionally, companies have acquisitions as their growth strategy. The market consists of laser/photonic giants, like Amplitude Laser Group Coherent Inc., Ekspla (EKSMA group), MKS Instruments Inc. (Newport Corporation), and Clark-MXR Inc.

• January 2024 -The IPG Photonics Corporation highlighted new and innovative fiber laser solutions at Photonics West January 30 – February 01, 2024, in San Francisco. The 2,000-square-foot booth displays include a wide range of laser sources, integrated systems, and industry-specific solutions, along with numerous showcases of application samples.

• June 2023 - Coherent Corporation introduced an ultra-low-cost, next-generation nanosecond pulsed UV laser for high-contrast marking applications in industrial electronics, consumer goods, equipment, and packaging. The new array lasers are available with 5W and 10W output power and operate at pulse repetition rates between 50kHz and 300kHz.