Asia Pacific Ultrafast Lasers Market Growth and Recent Trends by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

Asia Pacific 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)

Report Date : Jul 2021
Report Code : TIPRE00023516

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 125

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The ultrafast lasers market in APAC is expected to grow from US$ 548.14 million in 2021 to US$ 1,224.83 million by 2028; it is estimated to grow at a CAGR of 12.2% from 2021 to 2028.

Australia, China, India, Japan, and South Korea are major economies in APAC. Boost in adoption of ultrafast lasers due to rising government intervention is the major factor driving the growth of the APAC ultrafast lasers market. Several research and development (R&D) centers are being developed to fasten the advancement in the field of laser technology. Government institutions in countries located in APAC have made significant investment in R&D directed toward high intensity lasers. In APAC, in India, the International Advanced Centre for Powder Metallurgy & New Materials (ARCI), an independent research and development center of Department of Science and Technology (DST), has developed ultrafast laser surface texturing technology that will help in improving the fuel competence of internal combustion engines. Similarly, the Indian Institute of Technology (IIT), Kanpur (a city in UP, India), has a dedicated department, The Center for Lasers and Photonics (CELP) is an interdisciplinary center of excellence that combines advance technology from engineering and theoretical advances in science to create new horizons in the field of photonics science and engineering. In China, Xi'an Institute of Optics and Precision Mechanics (XIOPM) is yet another prominent institute partnered with the American Association for the Advancement of Science (AAAS) in 2020 to release a journal named Ultrafast Science. The journal talks about high-quality research cutting-edge and emerging topics in ultrafast science. Such initiatives by government and autonomous institutes are driving the ultrafast lasers market growth.

Due to the outbreak of COVID-19, APAC is expecting to witness a huge economic challenge. APAC is characterized by the presence of various developing countries, high industrial growth, positive economic outlook, and large population. Moreover, manufacturing is one of the prominent industries in Asian economy due to rising need for industrial and consumer products, however due to government’s measures to reduce the spread of COVID-19 by announcing lockdowns, travel and trade bans have disrupted and delayed the operations in manufacturing, and other industries. Thus, slow down of major industries in APAC has subsequently affected the demand of ultrafast Laser, which, in turn has hampered the market growth. Further, the OEMs have also faced challenges in procuring raw material due to supply chain disruption thereby hampering their production process.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC ultrafast lasers market. The APAC ultrafast lasers market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

APAC Ultrafast Lasers Market Segmentation

APAC Ultrafast Lasers Market – By Type

Diode-Pumped Lasers
Mode-Locked Diode Lasers
Titanium-Sapphire Lasers
Fiber Lasers

APAC Ultrafast Lasers Market – By Pulse Duration

Picosecond
Femtosecond

APAC Ultrafast Lasers Market – By Application

Consumer Electronics
Industrial
Automotive
Medical & Scientific

APAC Ultrafast Lasers Market, by Country

Australia
China
India
Japan
South Korea
Rest of APAC

APAC Ultrafast Lasers Market - Companies Mentioned

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.

Asia Pacific Ultrafast Lasers Report Scope

Report Attribute	Details
Market size in 2021	US$ 548.14 Million
Market Size by 2028	US$ 1,224.83 Million
Global CAGR (2021 - 2028)	12.2%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Diode-Pumped Lasers Mode-Locked Diode Lasers Titanium-Sapphire Lasers Fiber Lasers By Pulse Duration Picosecond and Femtosecond By Application Consumer Electronics Industrial Automotive Medical & Scientific
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key 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.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Asia Pacific Ultrafast Lasers Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Asia Pacific Ultrafast Lasers Market Report Snapshots

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