Europe Ultrafast Lasers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Diode-Pumped Lasers, Mode-Locked Diode Lasers, Titanium-Sapphire Lasers, and Fiber Lasers), Pulse Duration (Picosecond and Femtosecond), and Application (Consumer Electronics, Industrial, Automotive, and Medical & Scientific)
Market Introduction
Germany, France, the UK, and Italy are among the key countries contributing to the growth of the European ultrafast lasers market. The European market is witnessing significant opportunity owing to extensive investment plan in R&D and growing adoption of laser technology across industry verticals. There are various funded projects that were initiated by European Union that aimed at developing high-power, low-noise, ultrafast tunable laser sources using supercontinuum generation. In the last decade, research-funding agencies in Europe began to invest heavily in new collaborations and facilities that will employ these lasers for broad areas of science making Europe, one of the strongest countries in the field of ultrafast laser technology. In 2020, the European researchers developed laser-engraved metal, produced to reduce environmental impact anti-fouling, hydrophobic metal, or plastic surfaces, engraved by a new kilowatt laser technology. The European photonics industry is witnessing health growth, which, in turn, is helping in the growth of the ultrafast lasers market. As per the European Photonics Industry Consortium (EPIC), there are ~100 acquisitions in the global photonics industry annually, of which many are European companies. Several start-ups are formed annually, and many are joining EPIC. The organization of Laser World of Photonics in Munich in June 2019 was a clear illustration of the potency of the European photonics industry, with nearly 1,300 exhibitors mostly from Europe. Companies including Fluence Sp. z o.o, Nyfors Teknologi AB in Sweden, and GLOphotonics are developing new generation of femtosecond lasers that are now making a huge impact globally.
Italy, the UK, Russia, France, and Germany are among of the worst affected economies in Europe due to the outbreak of COVID-19. The region is facing severe financial crisis as businesses either had to reduce their activities in a substantial manner or suspend their operations. Due to travel bans, lockdowns, and supply chain disruptions, the region is anticipated to see an economic slowdown in 2021. Moreover, the pandemic has resulted into closure of various companies working in industrial manufacturing domain, which, in turn has impacted the demand/order of ultrafast laser system. Europe is a major industrial hub for various sectors, such as machinery equipment, manufacturing, and logistics. However, due to business lockdowns, travel bans, and supply chain disruptions, the region has witnessed a decline in activities in above-mentioned industries, which has impacted the growth of the Ultrafast laser s market in Europe. However, as the region can manage the spread of COVID-19, with the vaccination drive in various countries of Europe, the overall situation is improving and therefore the demand for ultrafast laser will also improve.
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Market Overview and Dynamics
The ultrafast lasers market in Europe is expected to grow from US$ 398.82 million in 2021 to US$ 823.73 million by 2028; it is estimated to grow at a CAGR of 10.9% from 2021 to 2028. Several research and development (R&D) centres are being developed to fasten the advancement in the field of laser technology. Government institutions in countries located in Europe have made significant investment in R&D directed toward high intensity lasers. Such initiatives by government and autonomous institutes are driving the ultrafast lasers market growth.
Key Market Segments
The Europe ultrafast lasers market is segmented based on type, pulse duration, application, and country. Based on type, the Europe ultrafast lasers market is sub-segmented into diode-pumped lasers, mode-locked diode lasers, titanium-sapphire laser, fiber laser and others. The fiber lasers segment held the largest market share in 2020. Based on pulse duration, the Europe ultrafast lasers market is categorized into picosecond and femtosecond. The femtosecond segment held the largest market share in 2020. Based on application, the market is sub-segmented into consumer electronics, automotive and others. The industrial segment dominated the Europe ultrafast lasers market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the ultrafast lasers market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Amplitude Laser; Coherent, Inc.; Fluence Sp. z o.o; Jenoptik AG; KMLabs; Laser Quantum; NKT Photonics A/S; Spark Lasers; and Wuhan Huaray Precision Laser Co., Ltd.
Reasons to buy report
- To understand the Europe ultrafast lasers market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe ultrafast lasers market.
- Efficiently plan M&A and partnership deals in Europe ultrafast lasers market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe ultrafast lasers market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Ultrafast Lasers Market Segmentation
Europe Ultrafast Lasers Market - By Type
- Diode-Pumped Lasers
- Mode-Locked Diode Lasers
- Titanium-Sapphire Lasers
- Fiber Lasers
Europe Ultrafast Lasers Market - By Pulse Duration
- Picosecond
- Femtosecond
Europe Ultrafast Lasers Market - By Application
- Consumer Electronics
- Industrial
- Automotive
- Medical & Scientific
Europe Ultrafast Lasers Market - By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Ultrafast Lasers Market - Company Profiles
- Amplitude Laser
- Coherent, Inc.
- Fluence Sp. z o.o
- Jenoptik AG
- KMLabs
- Laser Quantum
- NKT Photonics A/S
- Spark Lasers
- Wuhan Huaray Precision Laser Co., Ltd.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Ultrafast Lasers Market – By Type
1.3.2 Europe Ultrafast Lasers Market – By Pulse Duration
1.3.3 Europe Ultrafast Lasers Market – By Application
1.3.4 Europe Ultrafast Lasers Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Ultrafast Lasers Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Ultrafast Lasers Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Various Industry Applications Using Advanced Ultrafast Lasers
5.1.2 Rising Awareness for Adoption of Ultrafast Lasers Owing to Strong Government Initiatives
5.2 Key Market Restraints
5.2.1 Ultrafast Laser Systems are Costly
5.3 Key Market Opportunities
5.3.1 Surging Usage of Laser Technology
5.4 Future Trends
5.4.1 Emergence of Significant Number of Start-ups
5.5 Impact Analysis of Drivers and Restraints
6. Ultrafast Lasers Market – Europe Analysis
6.1 Europe Ultrafast Lasers Market Overview
6.2 Europe Ultrafast Lasers Market – Europe Revenue and Forecast to 2028 (US$ Million)
7. Europe Ultrafast Lasers Market Analysis – By Type
7.1 Overview
7.2 Europe Ultrafast Lasers Market Revenue Breakdown, By Type, 2020 and 2028
7.3 Diode-Pumped Lasers
7.3.1 Overview
7.3.2 Diode Pumped Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Mode- Locked Diode Lasers
7.4.1 Overview
7.4.2 Mode-Locked Diode Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Titanium-Sapphire Lasers
7.5.1 Overview
7.5.2 Titanium-Sapphire Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Fiber Lasers
7.6.1 Overview
7.6.2 Fiber Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Ultrafast Lasers Market Analysis – By Pulse Duration
8.1 Overview
8.2 Europe Ultrafast Lasers Market Breakdown, By Pulse Duration, 2020 & 2028
8.3 Picosecond
8.3.1 Overview
8.3.2 Picosecond: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Femtosecond
8.4.1 Overview
8.4.2 Femtosecond: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Ultrafast Lasers Market Analysis – By Application
9.1 Overview
9.2 Europe Ultrafast Lasers Market Breakdown, By Application, 2020 & 2028
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Automotive
9.5.1 Overview
9.5.2 Automotive: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Medical and Scientific
9.6.1 Overview
9.6.2 Medical and Scientific: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Ultrafast Lasers Market – Country Analysis
10.1 Overview
10.1.2 Europe: Ultrafast Lasers Market- by Key Country
10.1.2.1 Germany: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Germany: Ultrafast Lasers Market- by Type
10.1.2.1.2 Germany: Ultrafast Lasers Market- by Pulse Duration
10.1.2.1.3 Germany: Ultrafast Lasers Market- by Application
10.1.2.2 France: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 France: Ultrafast Lasers Market- by Type
10.1.2.2.2 France: Ultrafast Lasers Market- by Pulse Duration
10.1.2.2.3 France: Ultrafast Lasers Market- by Application
10.1.2.3 Italy: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Italy: Ultrafast Lasers Market- by Type
10.1.2.3.2 Italy: Ultrafast Lasers Market- by Pulse Duration
10.1.2.3.3 Italy: Ultrafast Lasers Market- by Application
10.1.2.4 UK: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.4.1 UK: Ultrafast Lasers Market- by Type
10.1.2.4.2 UK: Ultrafast Lasers Market- by Pulse Duration
10.1.2.4.3 UK: Ultrafast Lasers Market- by Application
10.1.2.5 Russia: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Russia: Ultrafast Lasers Market- by Type
10.1.2.5.2 Russia: Ultrafast Lasers Market- by Pulse Duration
10.1.2.5.3 Russia: Ultrafast Lasers Market- by Application
10.1.2.6 Rest of Europe: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Rest of Europe: Ultrafast Lasers Market- by Type
10.1.2.6.2 Rest of Europe: Ultrafast Lasers Market- by Pulse Duration
10.1.2.6.3 Rest of Europe: Ultrafast Lasers Market- by Application
11. Europe Ultrafast Lasers Market- COVID-19 Impact Analysis
11.1 Europe
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Amplitude Laser
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Coherent, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Wuhan Huaray Precision Laser Co., Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Jenoptik AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KMLabs
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Laser Quantum
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 NKT Photonics A/S
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Spark Lasers
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Fluence Sp. z o.o
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Ultrafast Lasers Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Germany: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 6. France Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 12. UK Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Ultrafast Lasers Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe Ultrafast Lasers Market- by Pulse Duration – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Ultrafast Lasers Market- by Application– Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Ultrafast Lasers Market Segmentation
Figure 2. Europe Ultrafast Lasers Market Segmentation – By Country
Figure 3. Europe Ultrafast Lasers Market Overview
Figure 4. Femtosecond Segment Held the Largest Market Share in 2020
Figure 5. Fiber Lasers Held the Largest Market Share in 2020
Figure 6. Industrial Held the Largest Market Share in 2020
Figure 7. Germany was the Largest Revenue Contributor in 2020
Figure 8. Europe – PEST Analysis
Figure 9. Europe Ultrafast Lasers Market– Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe Ultrafast Lasers Market: Impact Analysis of Drivers and Restraints
Figure 12. Europe Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Ultrafast Lasers Market Revenue Breakdown, By Type, 2020 & 2028 (%)
Figure 14. Europe Diode Pumped Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Mode Locked Diode Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Titanium Sapphire Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Fiber Lasers: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Ultrafast Lasers Market Breakdown, By Pulse Duration, 2020 & 2028 (%)
Figure 19. Europe Picosecond: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Femtosecond: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Ultrafast Lasers Market Breakdown, By Application, 2020 & 2028 (%)
Figure 22. Europe Consumer Electronics: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Industrial: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Automotive: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Medical and Scientific: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe: Ultrafast Lasers Market, by Key Country – Revenue 2020 (US$ Million)
Figure 27. Europe: Ultrafast Lasers Market Revenue Share, By Key Country (2020 and 2028)
Figure 28. Germany: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. France: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Italy: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. UK: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Russia: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Ultrafast Lasers Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets
- Amplitude Laser
- Coherent, Inc.
- Fluence Sp. z o.o
- Jenoptik AG
- KMLabs
- Laser Quantum
- NKT Photonics A/S
- Spark Lasers
- Wuhan Huaray Precision Laser Co., Ltd.
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