The gas laser market is expected to witness considerable growth due to increasing demand for better and improved machining tools and equipment. Gas lasers’ lasing medium is constituted of one or a mixture of gases or vapors. Growing implementation of lasers for material machining or processing with improved precision has changed the market picture over the past few years. Laser technology is expected to gain prominence in manufacturing processes due to its ability to offer precise and high speed industrial processes as compared to usual techniques. Easy automation, precision processing, non-contact processing, high power density, are some factors that are expected to drive laser equipment demand in applications in various verticals including medical and healthcare.
On the basis of application, the gas laser market can be categorized into, aerospace, automotive, OEMs, electronics packaging. High adoption in the microelectronics and medical industries is expected to drive gas laser market growth over the forecast period. Increased need for miniaturization has substantially scaled down gas laser systems up to the nanoscale level.
Gas lasers are used across several applications such as use of He-Ne laser in laser printing and making holograms, barcode reading, and dye laser pumping. The gas lasers market growth can be attributed to several factors including strategies for manufacturing cost-reduction, and growing number of original equipment manufacturers (OEM) & automotive industries in developing economies of the Asia Pacific regions such as India, Japan, and China.
Gas lasers can be segmented on the basis of laser operating media into carbon dioxide, carbon monoxide, ion laser, argon-ion, nitrogen lasers, and the helium-neon (He-Ne) laser. The introduction of commercial carbon dioxide lasers with altered output wavelength is estimated to have a significant effect on the flexible food packaging market.
Key gas laser market players include Linde group, Yokogawa, MS Technologies AG, and PaR Systems (Pty) Ltd.
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