Global Quantum Cascade Laser Market 2017-2021 | Military and Defense Segment Dominates the Global Market | Technavio

September 20, 2018

LONDON--(BUSINESS WIRE)--Sep 20, 2018--According to the global quantum cascade laser market research report released by Technavio, the market is expected to accelerate at a CAGR of almost 4% during the forecast period. The growing use of gas sensing and chemical detection devices is one of the key market drivers.

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According to the global quantum cascade laser market research report released by Technavio, the market is expected to accelerate at a CAGR of almost 4% until 2021. (Graphic: Business Wire)

This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The global quantum cascade laser market analysis categorizes the market into the following end-users:

Military and defense Oil and gas Healthcare

In 2016, the military and defense segment was valued at around USD 104 million and is projected to grow to USD 125 million by 2021, exhibiting almost USD 21 million increase in the market revenue share.

Global quantum cascade laser market: Top emerging trend

The commercialization of photonic biochemical sensors is an emerging market trend. The healthcare industry is one of the major application areas of photonic biochemical sensors. These sensors can be used for the detection of neurological conditions. Cerebrovascular disease is presently one of the most common life-threatening diseases and is one of the leading causes of long-term disability. Research indicates that photonic biochemical sensors can detect biological indicators/markers in a patient’s blood, eliminating the need for MRIs.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Quantum Cascade Laser Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by end-users (military and defense, oil and gas, and healthcare) Market segmentation by type (distributed feedback (DFB) lasers, Fabry-Perot (FP) lasers, and external cavity (EC) lasers)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (AdTech Optics, Block Engineering, Hamamatsu Photonics, Pranalytica, and Thorlabs)

About Technavio

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005941/en/

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SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/20/2018 05:03 PM/DISC: 09/20/2018 05:03 PM


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