Quantum cascade lasers (QCLs) are semiconductor lasers that emit in the mid- to far-infrared portion of the electromagnetic spectrum.
Unlike typical interband semiconductor lasers that emit electromagnetic radiation through the recombination of electron–hole pairs across the material band gap, QCLs are unipolar and laser emission is achieved through the use of intersubband transitions in a repeated stack of semiconductor multiple quantum well heterostructures.
Market Analysis and Insights: Global Quantum Cascade Lasers Market
Due to the COVID-19 pandemic, the global Quantum Cascade Lasers market size is estimated to be worth US$ 294.6 million in 2022 and is forecast to a readjusted size of US$ 335.7 million by 2028 with a CAGR of 2.2% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, C-Mount accounting for % of the Quantum Cascade Lasers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Industrial segment is altered to an % CAGR throughout this forecast period.
North America held the largest share of the quantum cascade lasers market due to the high technological adoption of QCLs in industrial, medical, and military and defense industries in the region. APAC is expected to witness the highest growth rate between 2018 and 2023 due to the presence of industrially developing economies in this region such as China and India.
Global Quantum Cascade Lasers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Quantum Cascade Lasers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
C-Mount
HHL & VHL Package
TO3 Package
Segment by Application
Industrial
Medical
Telecommunication
Military & Defense
Others
By Company
AdTech Optics
Block Engineering
Hamamatsu Photonics
Pranalytica
Thorlabs
Akela Laser
Alpes Lasers
Daylight Solutions
LASERMAX
mirSense
Nanoplus Nanosystems and Technologies
Wavelength Electronics
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina