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Quantum Cascade Laser Market Share

Report ID: GMI8159
Published Date: Feb 2024
Report Format: PDF

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Quantum Cascade Laser Market Share

Emerson Electric Co. Holds a significant share in the quantum cascade laser industry. Hamamatsu Photonics K.K., Thorlabs, Inc. is a well-known Japanese company that specializes in the development and manufacturing of photonic and optical devices, including photomultiplier tubes, photodiodes, image sensors, and light sources.

Major players such are Emerson Electric Co., Thorlabs, Inc., are constantly implementing strategic measures including geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches.

Quantum Cascade Laser Market Companies

Major players operating in the quantum cascade laser industry are:

Aerodyne Research Inc.
Akela Laser Corporation
Alpes Lasers
Block Engineering
Daylight Solutions
Emerson Electric Co.
Hamamatsu Photonics K.K.
LaserMaxDefense
MG Optical Solutions GmbH
MirSense
nanoplus Nanosystems and Technologies GmbH
Picarro, Inc.
Power Technologies
Thorlabs, Inc.
Wavelength Electronics, Inc.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market valuation of the quantum cascade laser was worth over USD 430 million in 2023 and is estimated to register a CAGR of over 5% between 2024 and 2032, driven by technological advancements in spectroscopy and demand for non-invasive medical diagnostics.

The military & defense segment accounted for a market share of over 30% in 2023 and is set to gain traction till 2032, owing to the versatile applications and unique properties of QCL.

North America quantum cascade laser market captured more than 35% share of the market in 2023 and is set to grow robustly till 2032, driven by technological innovations and a focus on R&D.

Aerodyne Research Inc., Akela Laser Corporation, Alpes Lasers, Block Engineering, Daylight Solutions, Emerson Electric Co., Hamamatsu Photonics K.K., LaserMaxDefense, MG Optical Solutions GmbH, MirSense are some of the major industry contenders.