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➣ Global Single-mode Pump Laser Market Overview
The Global Single-mode Pump Laser Market was valued at US$ 349.8 million in 2022 and is projected to reach US$ 746.9 million by 2029, at a CAGR of 11.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The single-mode pump laser is a high-stability light specially designed for pumping applications. The core of single-mode laser is relatively thin, the beam quality is better, the energy distribution is Gaussian, and the middle energy density is the highest.
This report contains market size and forecasts of Single-mode Pump Laser in global, including the following market information:
Global Single-mode Pump Laser Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Single-mode Pump Laser Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Single-mode Pump Laser companies in 2022 (%)
Global key players of single-mode pump laser include II-VI, Furukawa Electric, Anritsu, Lumentum, etc. Global top five manufacturers hold a share over 86%. In terms of product, 980 nm is the largest segment, with a share over 45%. And in terms of application, the largest application is communication, with a share over 81%.
We surveyed the Single-mode Pump Laser manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Report Attributes | Report Details |
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Report Title |
Single-mode Pump Laser Market Size, Emerging Trends, Technological Advancements, and Business Strategies 2023-2029 |
Market size in 2022 | US$ 349.8 million |
Forecast Market size by 2029 | US$ 746.9 million |
Growth Rate | CAGR of 11.4% |
by Type |
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by Application |
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key players |
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Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
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Base Year | 2022 |
Forecast Year | 2030 |
Number of Pages | 100+ Pages |
Customization Available | Yes, the report can be customized as per your need. |
➣ Total Market by Segment:
Global Single-mode Pump Laser Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Single-mode Pump Laser Market Segment Percentages, by Type, 2022 (%)
- 976 nm
- 980 nm
- 1480 nm
- Others
Global Single-mode Pump Laser Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Single-mode Pump Laser Market Segment Percentages, by Application, 2022 (%)
- Metal Processing
- Medical
- Communication
- Laboratory
Global Single-mode Pump Laser Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
The North American region dominates the single-mode pump laser market, with the United States being the major contributor. The market growth is attributed to the increasing demand for fiber optic communication systems and the adoption of fiber optic sensing technology. The presence of major single-mode pump laser manufacturers such as Coherent Inc., II-VI Incorporated, and Lumentum Holdings Inc. is also driving the market growth. The market size of the single-mode pump laser segment in North America is expected to reach around USD 1.1 billion by 2028, growing at a CAGR of approximately 7.5% during the forecast period.
Europe is another significant market for single-mode pump lasers, with Germany, France, and the United Kingdom being the major countries contributing to the market growth. The growth of the market is driven by the increasing adoption of fiber optic sensing technology and the demand for high-speed communication systems. The presence of major manufacturers such as NKT Photonics and IPG Photonics Corporation is also contributing to the market growth. The market size of the single-mode pump laser segment in Europe is expected to reach around USD 800 million by 2028, growing at a CAGR of approximately 7.0% during the forecast period.
Asia-Pacific is expected to be the fastest-growing market for single-mode pump lasers, with China and India being the major contributors. The market growth is attributed to the increasing demand for high-speed communication systems, fiber optic sensing technology, and medical equipment. The presence of major manufacturers such as Fujikura Ltd. and Sumitomo Electric Industries, Ltd. is also driving the market growth. The market size of the single-mode pump laser segment in Asia-Pacific is expected to reach approximately USD 1.5 billion by 2028, growing at a CAGR of around 8.5% during the forecast period.
The markets in Latin America and the Middle East and Africa are relatively small, but the adoption of fiber optic sensing technology and communication systems in these regions is driving the market growth. The market size of the single-mode pump laser segment in Latin America and the Middle East and Africa is expected to grow at CAGRs of approximately 6.5% and 7.0% respectively during the forecast period.
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Global Single-mode Pump Laser Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Further, the report presents profiles of competitors in the market, key players include:
- II-VI
- Furukawa Electric
- Anritsu
- Lumentum
- 3SP Technologies
- Gooch & Housego
- DoGain Laser Technology
- Sunboon
- Lumics
- Coherent, Inc.
- IPG Photonics Corporation
- Newport Corporation
- NKT Photonics
- JDS Uniphase Corporation
- Mitsubishi Electric Corporation
- Furukawa Electric Co., Ltd.
- Thorlabs, Inc.
- Gooch & Housego PLC.
➣ Market Drivers:
- Increasing demand from various end-use industries, including telecommunications, healthcare, and manufacturing, which rely on single-mode pump lasers for their high efficiency and reliability.
- Technological advancements in laser technology, such as the development of compact and efficient single-mode pump lasers with higher output powers and improved beam quality.
- Rising adoption of single-mode pump lasers in research and development applications, particularly in the field of spectroscopy and material processing.
- Growing investment in the development of high-power fiber lasers and amplifiers, which require single-mode pump lasers for their operation.
- Increasing demand for laser-based applications in the automotive industry, such as welding and cutting, which is expected to boost the demand for single-mode pump lasers.
- Rising demand for single-mode pump lasers in the defense and aerospace industry for applications such as laser-based guidance systems, missile defense, and communication systems.
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FAQs –
Q. What is the market size of the single-mode pump laser?
A. The market was valued at USD 349.8 million in 2022 and is projected to reach USD 746.9 million by 2029, with a CAGR of 11.4%.
Q. Which companies are leading the market?
A. Key players include II-VI, Furukawa Electric, Anritsu, Lumentum, and IPG Photonics Corporation.
Q. What are the major applications?
A. The primary applications are in communication, metal processing, medical, and laboratory sectors.
Q. Which regions dominate the Single-mode Pump Laser market?
A. North America, particularly the U.S., and Europe, are significant markets for Single-mode Pump Lasers.
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