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Tunable Laser Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Published: October 2024 || SKU: FMCG3608
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180 pages
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Global Tunable Laser Market is segmented By Tunable Light Source (Single Band, Dual Band, Combined Band, Customized Band), By Technology (Distributed Bragg Reflector, Sampled-Grating DBR, Vertical-Cavity Surface-Emitting Laser, External-Cavity Laser, Others), Type (Solid-state, Dye State, Free Electron, Rare-Earth Doped Fiber, Quantum Cascade), By End User (Electronics, Telecommunication, Automotive, Medical, Packaging, Others), By Application (Laser Absorption Spectroscopy, Laser Cooling, Laser Isotope Separation, Device Characterization, Frequency Metrology, Optical Fiber Communications, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024 - 2031

Tunable Laser Market Overview

[260 pages] Report analyses The global tunable laser market report analyses the size, shares, recent trends, competitive intelligence, and future market outlook. Tunable laser usage for device characterization (photonic integrated circuits) is rising. North America region holds the largest market for the global tunable laser globally. The competitive rivalry intensifies with Santec Corporation, Yenista Optics SA, and others active in the market.

A tunable laser allows altering of wavelength in a controlled manner. It is used for device characterization (photonic integrated circuits), optical fiber communications with wavelength multiplexing and serves as a spare in the case of the fixed-wavelength lasers for the particular channels fails. Their tunable lasers exist in either gas, liquid or solid-state. Tunable lasers find applications in photochemistry, spectroscopy, atomic vapor laser isotope separation and optical communications.

Tunable lasers are produced using various laser structures including distributed feedback, distributed Bragg reflector, sampled-grating DBR, vertical-cavity surface-emitting laser and external-cavity lasers.

Tunable Laser Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Turnable Light Source, By Technology, By Type, By Application, End Users and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

 

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Tunable Laser Market Dynamics

The global tunable laser market growth is driven by high demand from the nanotechnology sector, technological advancements in the market, expanding demand from the spectroscopy sector and enlarging optical networks.

High demand from the nanotechnology sector

The tunable laser market is expected to drive with high demand from the nanotechnology sector. Tunable laser is served across various fields to fulfill nanotechnology applications including materials science, life science and electronics. It can be tuned over a few hundred nanometers with a wide range of spectral resolutions depending on the wavelength range. It is also used for basic absorption and photoluminescence study, solar cells characterisation in a light beam induced current, characterisation of gold nanoparticles and single-walled carbon nanotube thermopile. Researchers use the tiny high-power narrow-beam laser to operate in the terahertz frequencies with potential imaging and scanning applications. New products provide a wide spectral range from UV to NIR with a bandwidth down to 0.4nm with a selection of highly precise wavelengths.

Due to the numerous advantages, it is adopted by the leading market players globally. For Instance, In 2020, Metamaterial Inc., a developer of functional materials and nanocomposites, has installed the world's first C-WAVE GTR/NIR (green-to-red/near-infrared) tunable laser. The new system covers a significant gap in the green region, replacing narrow bandwidth lasers. In 2018, Researchers from Finland created a tunable and stable nanoparticle-array laser from a stepping stone to affordable and efficient sensing and switching.

Lack of technological knowledge associated with tunable laser

The tunable laser market is impacted by technical knowledge with ongoing modifications in a tunable laser are therefore acting as a major restraint for the growth of the tunable laser market. Tunable lasers are difficult to control the optical path length between the two reflectors at each end of the cavity, resulting in wavelength instability and broad line width.

Moreover, the tunable laser market may also be impacted by its high costs, reliability issues in some cases and supply guarantees. However with growing market demand, the companies are now working to deliver high-performance tunable lasers at the cost of fixed wavelength lasers.

COVID-19 Impact Analysis on Tunable Laser Market

Due to the pandemic, stakeholders across the tunable laser industry have seen a notable impact as all the production work, factories and other activities were closed. The production was hindered by a shortage of raw materials, halts and supply chain disruption globally. After the pandemic, there are still various restrictions imposed by the governments, such as working with half the workforce and fewer operating hours hindering the production cycle of the market. The losses incorporated with the cancellation of ongoing market-related projects and reduced demand from the end-user industries.

On the other hand, tunable lasers have observed significant opportunities in the healthcare sector due to the recent pandemic, owing to developments in healthcare applications with government investments, resulting in market demand from the healthcare sector in the forecast period.

Tunable Laser Market Segmentation Analysis

By type, the tunable laser market is broadly classified into solid-state lasers, dye state lasers, free-electron lasers and others.

The solid-state is expected to grow at the fastest CAGR during the forecast period (2021-2028)

The solid-state tunable laser is expected to hold the largest market for tunable laser market and is expected to continue its dominance in the forecast period due to its vast application areas. A few solid-state lasers, such as titanium–sapphire lasers, Cr: ZnSe and Cr: ZnS lasers offer tuning over hundreds of nanometers in the near and mid-infrared spectral region. Nonplanar ring oscillators allow continuous tuning within the free spectral range of several gigahertz.

The market has emerged with recent launches and developments incorporated from the solid-state tunable lasers such as In 2020, Researchers have developed a new ultrafast high-power yellow laser. The tunable laser offers excellent beam quality and helps fulfill the need for a useful yellow light source emitting ultrafast pulses of light. The solid-state Cr2+:ZnS laser emits in the mid-infrared range along with a two-stage frequency-doubling process. In 2019, RPMC Lasers formed a Partnership with Sheaumann Laser RPMC Lasers Inc, the leading solid-state lasers distributor in North America, to distribute products.

Global Tunable Laser Market Geographical Share

North America region holds the largest market for the global tunable laser globally

North America region holds the largest market share for the tunable laser market globally and is expected to continue its dominance in the forecast period with expanding applications in numerous industries, new product launches, partnerships and market expansions. For Instance, in 2021, Ekspla and Option Laser International announced a partnership agreement for selling and distributing all Ekspla products.

In 2021, Light Conversion launched an update for its Carbide Series along with 80 W and 40 W versions and tunable parameters including repetition rate (single pulse to 2 MHz), pulse duration (250 fs – 20 ps), pulse energy (up to 0.8 mJ), and average power (up to 80 W).

In 2019, Oxford University installed a tunable laser system by Amplitude Laser Inc. for research in the field of neuroscience. The applications of the tunable laser systems will be used for specific tasks such as deep brain imaging using 3-photon microscopy and massive parallel 2-photon optogenetic photostimulation of neurons.

Tunable Laser Market Players and Competitive Landscape

The tunable laser market is moderately competitive with the local player’s presence followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are Santec Corporation, Yenista Optics SA, Coherent Inc., Yokogawa Electric Corporation, Daylight Solutions, Emcore Corporation, Continuum, Finisar Corp., Fujitsu Optical Components Limited, NEC Corporation, JDS Uniphase Corporation, NeoPhotonics Corporation, Santur Corporation and others. The major players are adopting various new strategies to dominate the market, such as launching new products, acquisitions and collaborations, which are contributing to the growth of the tunable laser market globally.

Yokogawa Electric Corporation

Overview: Yokogawa Electric Corporation is a Japanese-based multinational company engaged in electrical engineering and Software Company, with businesses based on its control, measurement, and information technologies. The global mark its global presence with 84 subsidiaries and 3 affiliated companies operating in 55 countries.

Product Portfolio: The Company offers various products, including oprex, control systems, solution-based software, data acquisition tools, field instruments, process analyzers, industrial networking and others.

Key Development: In 2021, Yokogawa Electric Corporation developed the TDLS8200 probe-type tunable diode laser spectrometer as part of its OpreX™ Analyzer family. The product will be able to simultaneously measure carbon monoxide, oxygen, and methane gas concentrations directly and at high speed.

Why Purchase the Report?

  • Visualize the segmentation of the tunable laser market by the tunable light source, technology, type, end-user, application and region, highlighting the key commercial assets and players.
  • Identify commercial opportunities in the tunable laser by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of tunable laser market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Product mapping in excel for the key product of all major market players.

Target Audience 2024

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers
  • Distributors, logistic company, etc.

The global tunable laser market report would provide access to an approx: 77 market data table, 83 figures and 260 pages.

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FAQ’s

  • Major players are Santec Corporation, Yenista Optics SA, Coherent Inc, Daylight Solutions, Emcore Corporation, Finisar Corp, Fujitsu Optical Components Limited, NEC Corporation, JDS Uniphase Corporation and Yokogawa Electric Corporation.

  • The North America region holds the largest market share for the global tunable laser market.

  • While market dynamics can evolve, North America is expected to maintain its dominance in the tunable laser market in the foreseeable future. The region's strong technological infrastructure, focus on research and development, and presence of key industry players contribute to its continued leadership position.

  • The global tunable laser market is driven by several factors, including high demand from the nanotechnology sector, technological advancements, expanding demand from the spectroscopy sector, and the growth of optical networks.
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