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Grab Your Shades — The Laser Market Has a Bright Future

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Justine Murphy, Editor, [email protected]

Growing demand for advanced technology in the defense and security, industrial, and medical markets is driving laser industry evolution. Encouraged by technological advancements, new and innovative applications, and progressively declining manufacturing costs, the global laser technology market is on track to be a $17 billion industry by 2020, according to the research firm MarketsandMarkets. Photonics Spectra previously examined the global laser market in January 2012 (“Medical Markets and New Niches Drive Laser Advances”). BCC Research reported that the market hit...Read full article

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    Published: June 2015
    Glossary
    metrology
    Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
    diode lasersFeaturesfiber lasersmetrologysemiconductor lasersultrafast lasersLasersOpticsImagingBiophotonicsindustrialConsumerAmericasEuropeAsia-PacificJörg NeukumMarc TricardHerman ChuiMatthias SchulzeFrank GaeblerKenneth BaratDilasZygo Corp.Spectra-PhysicsCoherent Inc.Laser Safety Solutions

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