-- QY Research announced the publication of the latest report, titled “Global He-Ne Laser Market Research Report 2019”. Analysts have studied the drivers and restraints present in the overall market to explain the growth rate of the global He-Ne laser market. The research report discusses the future of the overall market and the dynamic forces governing its trajectory. Furthermore, analysts have tracked the development in the electronics and semiconductor sector to provide the readers with a comprehensive outlook of the market.
According to the report, the global He-Ne laser market will reach US$135.25 mn by 2025 from US$105.53 mn in 2018. The market is likely to register a CAGR of 3.69% during the forecast period.
Global He-Ne Laser Market: Drivers and Restraints
The He-Ne laser market will witness significant growth due to its simple construction design and ease of usability. Its adoption has also enabled low cost of production. These types of lasers have a long operating life and because of its robust design and development. He-Ne lasers also provide a stable wavelength and a good coherent property that results in accurate measurements and low noise. It also provides inherent safety feature due to its low power output. All these above factors are propelling the growth of the market in the coming years.
However, He-Ne lasers require high voltage, which creates risk for the equipment and people operating it. This factor is expected to challenge the growth of the global He-Ne laser market during the forecast period.
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Global He-Ne Laser Market: Segment Analysis
The global market for He-Ne laser is segmented into product type and applications. The application segment includes industrial use, commercial use, scientific use, and others. The product type segment includes Above 2.0 mW, Below 1.0 mW, and 1.0 - 2.0 mW.
Global He-Ne Laser Market: Regional Analysis
The major regions covered under this report are Europe, North America, Asia Pacific, the Middle East and Africa, and South America. Asia Pacific is expected to drive the He-Ne laser market due to the presence of numerous players in this region. North America is also expected to lead the He-Ne laser market due to adoption of advanced technologies.
Global He-Ne Laser Market: Leading Manufacturers
Jiangxi Liansheng Technology, Lumentum Operations, PHYWE, Pacific Lasertec (Melles Griot), Neoark, Thorlabs, LASOS, and REO are the key players that are operating in the global market for He-Ne laser.
Global He-Ne Laser Market: Competitive Landscape
The report provides a comprehensive study of the competitive landscape with the use of SWOT analysis and Porter’s Five Force model. Recent trends and developments have been highlighted to explain the present and a future market scenario of the global market for He-Ne laser with complete detail and clarity.
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