Quantum Cascade Lasers Market by Packaging Type (C-Mount, HHL & VHL Package, TO3 Package), Operation Mode (Continuous Wave, Pulsed), Fabrication Technology (Fabry–Perot, Distributed Feedback, Tunable External Cavities), End-User - Global forecast to 2022

The global quantum cascade lasers market is expected to grow from USD 302.9 Million in 2016 to USD 374.8 Million by 2022 at a CAGR of 3.9% between 2017 and 2022. The report aims at estimating the market size and future growth potential of the QCL market based on packaging type, operation mode, fabrication technology, and geographic analysis. The report also aims at providing detailed information regarding the major factors influencing the growth of the quantum cascade laser market (drivers, restraints, opportunities, and industry-specific challenges) and strategically analyzes micromarkets with respect to the individual growth trends, future prospects, and contributions to the total market. The base year considered for the study is 2016, and the market size forecast is provided for the period between 2017 and 2022.

The research methodology used to estimate and forecast the quantum cascade lasers market begins with capturing data on key vendor revenues through the secondary research that include annual reports, press releases, investor presentations, white papers, journals, certified publications, articles from recognized authors, gold-standard and silver-standard websites, organizations, directories, and databases (which include Factiva, Hoovers, and the Wall Street Journals). The vendor offerings are also taken into consideration to determine the quantum cascade laser market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global QCL market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of primaries is depicted in the below figure:

To know about the assumptions considered for the study, download the pdf brochure

The QCL ecosystem comprises software and patent providers such as Block Engineering, Inc. (US), Wavelength Electronics, Inc. (US), Hamamatsu Photonics K.K. (Japan), Thorlabs, Inc. (US), Alpes lasers SA (Switzerland), mirSense (France), AdTech Optics (US), Pranalytica Inc. (US), AKELA Laser Corporation  (US), and nanoplus Nanosystems and Technologies GmbH (Germany).

Target Audience of the Report:

The intended audience for this report includes:

• QCL module designers and manufacturers
• Research organizations and consulting companies
• Associations, forums, and alliances related to quantum cascade lasers
• Investors
• Start-up companies
• Raw material suppliers
• Government and other regulatory bodies
• Market research and consulting firms

Scope of the Report

The research report segments the quantum cascade lasers market into following submarkets:

By Packaging type:

• C-Mount
• HHL & VHL Package
• TO3 Package

By Operation Mode

• Continuous Wave
• Pulsed

By Fabrication Technology

• Fabry–Perot
• Distributed Feedback (DFB)
• Tunable External Cavities

By End-user Industry:

• Industrial
• Medical
• Telecommunication
• Military & Defense
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of APAC
• Rest of the World
• Middle East
• Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Market Analysis

• Further breakdown of the QCL system applications market, by geography

Company Information

• Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Markets Covered
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Quantum Cascade Lasers Market
    4.2 QCL Market, By End-User Industry and Region
    4.3 QCL Market, By Geography
    4.4 QCL Market, By Operation Mode and Packaging Type

5 Market Overview (Page No. - 33)
    5.1 Introduction
    5.2 Commercialization of QCLs
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Usage in Gas Sensing and Chemical Detection
                    5.3.1.2 Growing Demand in Medical Applications
           5.3.2 Restraints
                    5.3.2.1 High Cost of QCL Products
           5.3.3 Opportunities
                    5.3.3.1 Opportunity of Growth of QCLs Usage in Free-Space Communication
                    5.3.3.2 Huge Potential for Growth in Military Applications
                    5.3.3.3 Multiple Gas Sensing Technique Will Add Value to QCLs
           5.3.4 Challenges
                    5.3.4.1 Lack of Commercialization and Requirement of Skilled Labor Force to Develop QCL Products

6 Industry Trends (Page No. - 38)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Intensity of Competitive Rivalry
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Threat of New Entrants

7 Quantum Cascade Laser Market, By Packaging Type (Page No. - 44)
    7.1 Introduction
    7.2 C-Mount Packaging
    7.3 HHL and VHL Packaging
    7.4 To3 Packaging

8 Quantum Cascade Laser Market, By Operation Mode (Page No. - 49)
    8.1 Introduction
    8.2 Continuous Wave
    8.3 Pulsed

9 Quantum Cascade Laser Market, By Fabrication Technology (Page No. - 53)
    9.1 Introduction
    9.2 Fabry–Perot
    9.3 Distributed Feedback
    9.4 Tunable External Cavities

10 Quantum Cascade Laser Market, By End-User Industry (Page No. - 64)
     10.1 Introduction
     10.2 Industrial
     10.3 Medical
     10.4 Telecommunications
     10.5 Military and Defense
     10.6 Other Industries

11 Geographic Analysis (Page No. - 85)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 RoW

12 Competitive Landscape (Page No. - 100)
     12.1 Overview
     12.2 Market Ranking Analysis 2016: Quantum Cascade Lasers Market 
     12.3 Strategic Benchmarking
     12.4 Dive Chart
             12.4.1 Vanguards
             12.4.2 Dynamic
             12.4.3 Innovators
             12.4.4 Emerging
     12.5 Products Offered
     12.6 Business Strategies

Top Companies Analyzed for This Study are — Alpes Lasers SA; Mirsense; Thorlabs, Inc ; Hamamatsu Photonics; Adtech Optics; Block Engineering; Wavelength Eletronics; Pranalytica, Inc.; Akela Laser Corporation; Nanoplus Nanosystems and Technologies; Emerson; Daylight Solutions; Frankfurt Laser Company; Sacher Lasertechnik

13 Company Profiles (Page No. - 105)
     13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, MnM View)*
     13.2 Alpes Lasers SA
     13.3 Mirsense
     13.4 Thorlabs, Inc.
     13.5 Hamamatsu Photonics K.K.
     13.6 Adtech Optics
     13.7 Block Engineering, Inc.
     13.8 Wavelength Electronics, Inc.
     13.9 Pranalytica, Inc.
     13.10 Akela Laser Corporation
     13.11 Nanoplus Nanosystems and Technologies GmbH

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 132)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details

List of Tables (63 Tables)

Table 1 Currency Table
Table 2 Porter’s Five Forces Analysis: Competitive Rivalry has the Medium Impact on the Overall Market in 2016
Table 3 Quantum Cascade Lasers Market, By Packaging Type, 2014–2022 (USD Million)
Table 4 Quantum Cascade Lasers Market Shipments, By Packaging Type, 2014–2022 (In Units)
Table 5 Quantum Cascade Lasers Market for C-Mount, By Fabrication Technology, 2014–2022 (USD Million)
Table 6 Quantum Cascade Lasers Market for HHL & VHL Package, By Fabrication Technology, 2014–2022 (USD Million)
Table 7 Quantum Cascade Lasers Market for To3 Package, By Fabrication Technology, 2014–2022 (USD Million)
Table 8 Global Quantum Cascade Lasers Market 2014-2022 (USD Million)
Table 9 Quantum Cascade Lasers Market, By Operation Mode, 2014–2022 (USD Million)
Table 10 Quantum Cascade Lasers Market for Continuous Wave (CW) Mode, By Fabrication Technology, 2014–2022 (USD Million)
Table 11 Quantum Cascade Lasers Market for Pulsed Mode, By Fabrication Technology, 2014–2022 (USD Million)
Table 12 Quantum Cascade Lasers Market, By Fabrication Technology, 2014–2022 (USD Million)
Table 13 Quantum Cascade Lasers Market for Fabry–Perot Fabrication Technology, By Packaging Type, 2014–2022 (USD Million)
Table 14 Quantum Cascade Lasers Market for Fabry–Perot QCL Fabrication Technology, By Operation Mode, 2014–2022 (USD Million)
Table 15 Quantum Cascade Lasers Market for Fabry–Perot Fabrication Technology, By End-User Industry, 2014–2022 (USD Million)
Table 16 Quantum Cascade Lasers Market for Fabry–Perot Fabrication Technology, By End-User Industry, 2014–2022 (Units)
Table 17 Quantum Cascade Lasers Market for Distributed Feedback (DFB) Packaging Type, By Packaging Type, 2014–2022 (USD Million)
Table 18 Quantum Cascade Lasers Market for Distributed Feedback (DFB) Packaging Type, By Operation Mode, 2014–2022 (USD Million)
Table 19 Quantum Cascade Lasers Market for Distributed Feedback (DFB) Packaging Type, By End-User Industry, 2014–2022 (USD Million)
Table 20 Quantum Cascade Lasers Market for Distributed Feedback (DFB) Packaging Type, By End-User Industry, 2014–2022 (Units)
Table 21 Quantum Cascade Lasers Market for Tunable External Cavities Packaging Type, By Packaging Type, 2014–2022 (USD Million)
Table 22 QCL Market for Tunable External Cavities Packaging Type, By Operation Mode, 2014–2022 (USD Million)
Table 23 QCL Market for Tunable External Cavities Packaging Type, By End-User Industry, 2014–2022 (USD Million)
Table 24 QCL Market for Tunable External Cavities Packaging Type, By End-User Industry, 2014–2022 (Units)
Table 25 Quantum Cascade Lasers Market, By End-User Industry, 2014–2022 (USD Million)
Table 26 QCL Market Shipment, By End-User Industry, 2014–2022 (Units)
Table 27 QCL Market for Industrial, By Fabrication Technology, 2014–2022 (USD Million)
Table 28 QCL Market for Industrial, By Fabrication Technology, 2014–2022 (Units)
Table 29 QCL Market for Industrial in North America, By Country, 2014–2022 (USD Thousand)
Table 30 QCL Market for Industrial in Europe, By Country, 2014–2022 (USD Thousand)
Table 31 QCL Market for Industrial in APAC, By Country, 2014–2022 (USD Thousand)
Table 32 QCL Market for Industrial in RoW, By Country, 2014–2022 (USD Thousand)
Table 33 QCL Market for Medical, By Fabrication Technology, 2014–2022 (USD Million)
Table 34 QCL Market for Medical, By Fabrication Technology (Units)
Table 35 QCL Market for Medical in North America, By Country, 2014–2022 (USD Thousand)
Table 36 QCL Market for Medical in Europe, By Country, 2014–2022 (USD Thousand)
Table 37 QCL Market for Medical in APAC, By Country, 2014–2022 (USD Thousand)
Table 38 QCL Market for Medical in RoW, By Country, 2014–2022 (USD Thousand)
Table 39 QCL Market for Telecommunications, By Fabrication Technology, 2014–2022 (USD Million)
Table 40 QCL Market for Telecommunications, By Fabrication Technology, 2014–2022 (Units)
Table 41 QCL Market for Telecommunications in North America, By Country, 2014–2022 (USD Thousand)
Table 42 QCL Market for Telecommunications in Europe, By Country, 2014–2022 (USD Thousand)
Table 43 QCL Market for Telecommunications in APAC, By Country, 2014–2022 (USD Thousand)
Table 44 QCL Market for Telecommunications Segment in RoW, By Country, 2014–2022 (USD Thousand)
Table 45 QCL Market for Military and Defense, By Fabrication Technology, 2014–2022 (USD Million)
Table 46 QCL Market for Military and Defense, By Fabrication Technology, 2014–2022 (Units)
Table 47 QCL Market for Military and Defense in North America, By Country, 2014–2022 (USD Thousand)
Table 48 QCL Market for Military and Defense in Europe, By Country, 2014–2022 (USD Thousand)
Table 49 QCL Market for Military and Defense in APAC, By Country, 2014–2022 (USD Thousand)
Table 50 QCL Market for Military and Defense in RoW, By Country, 2014–2022 (USD Thousand)
Table 51 QCL Market for Other Industries, By Fabrication Technology, 2014–2022 (USD Thousand)
Table 52 QCL Market for Other Industries, By Fabrication Technology, 2014–2022 (Units)
Table 53 QCL Market for Other Industries, By Region, 2014–2022 (USD Thousand)
Table 54 Global Quantum Cascade Lasers Market, By Region, 2014–2022 (USD Million)
Table 55 QCL Market in North America, By End-User Industry, 2014–2022 (USD Thousand)
Table 56 QCL Market in North America, By Country, 2014–2022 (USD Million)
Table 57 QCL Market in Europe, By End-User Industry (USD Thousand)
Table 58 QCL Market for End-User Industries in Europe, By Country, 2014 –2022 (USD Thousand)
Table 59 QCL Market in APAC, By End-User Industry, 2014–2022 (USD Thousand)
Table 60 QCL Market for End-User Industry in APAC, By Country, 2014–2022 (USD Thousand)
Table 61 QCL Market for End-User Industries in APAC, By Country, 2014–2022 (USD Thousand)
Table 62 QCL Market for End-User Industries in RoW, By Region, 2014–2022 (USD Million)
Table 63 Ranking of Key Players in the QCL Market, 2016

List of Figures (67 Figures)

Figure 1 Market Segmentation
Figure 2 Quantum Cascade Laser Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Assumptions for the Research Study
Figure 6 Distributed Feedback QCLs Held the Largest Share of the Total QCL Market in 2016
Figure 7 Industrial Sector Accounted for the Largest Share in the Global QCL Market in 2016
Figure 8 HHL & VHL Packaging Type is Expected to Grow at the Highest CAGR
Figure 9 Continuous Wave Mode Accounted for Higher Market Share Than Pulsed Mode in 2016
Figure 10 Global QCL Market, By Geography, 2016
Figure 11 Use of QCL in Gas Sensing and Chemical Detection Applications Would Drive the Market Growth During 2017–2022
Figure 12 Industrial Segment Held the Largest Share of the QCL Market in 2016
Figure 13 The QCL Market in APAC is Expected to Grow at the Highest Rate Between 2017 and 2022
Figure 14 Continuous Wave QCLs Held the Largest Market Share Market in 2016
Figure 15 Commercialization of the QCL Market
Figure 16 Gas Sensing and Chemical Detection Act as Major Driving Factors for the QCL Market
Figure 17 Value Chain Analysis (2016): QCL Market
Figure 18 Porter’s Five Forces Analysis, 2016
Figure 19 Quantum Cascade Laser Market: Porter’s Five Forces Analysis, 2016
Figure 20 Medium Impact of Intensity of Competitive Rivalry
Figure 21 Low Impact of Bargaining Power of Buyers
Figure 22 Medium Impact of Bargaining Power of Suppliers
Figure 23 Medium Threat of New Entrants
Figure 24 Quantum Cascade Laser Market, By Packaging Type
Figure 25 QCL Market for C-Mount By Fabry–Perot Fabrication Type is Expected to Grow at the Highest Rate During the Forecast Period
Figure 26 Quantum Cascade Laser Market, By Operation Mode
Figure 27 QCL Market for Continuous Wave (CW) Mode has the Highest Share of Distributed Feedback QCL Between 2017 and 2022
Figure 28 Quantum Cascade Laser Market, By Fabrication Technology
Figure 29 QCL Market, By Fabrication Technology, 2014–2022 (USD Million)
Figure 30 QCL Market for Fabry–Perot the for Military & Defense Sector
Figure 31 QCL Market for DFB to Be Driven By the Industrial Sector From 2014 to 2022
Figure 32 QCL Market for External Tunable Cavities to Witness the Highest Growth Rate in the Telecommunications Industry During the Forecast Period
Figure 33 QCL Market, By End-User Industry
Figure 34 QCL Market for Industrial in North America, By Country, 2017–2022 (USD Thousand)
Figure 35 QCL Market for Medical, By Fabrication Technology (Units)
Figure 36 QCL Market for Medical in RoW, By Country, 2017–2022 (USD Thousand)
Figure 37 QCL Market for Military and Defense, By Fabrication Technology, 2017–2022 (USD Million)
Figure 38 QCL Market for Military and Defense in APAC, By Country, 2017–2022 (USD Thousand)
Figure 39 Adoption of QCLs in Industrial Sector in Emerging Economies Such as China and India is Paving the Way for the QCL Market
Figure 40 QCL Market, By Geography
Figure 41 QCL Market in APAC Expected to Grow at the Highest Rate Between2016 and 2022
Figure 42 Snapshot of the Quantum Cascade Lasers Market in North America
Figure 43 Snapshot of the QCL Market in Europe
Figure 44 Snapshot of the QCL Market in Asia Pacific
Figure 45 Snapshot of the QCL Market in RoW
Figure 46 Dive Chart Overview
Figure 47 Alpes Lasers SA: Product Offering
Figure 48 Alpes Lasers SA: Business Strategies
Figure 49 Mirsense: Product Offering
Figure 50 Mirsense: Business Strategies
Figure 51 Thorlabs, Inc.: Product Offering
Figure 52 Thorlabs, Inc.: Business Strategies
Figure 53 Hamamatsu Photonics K.K.: Company Snapshot
Figure 54 Hamamatsu Photonics K.K.: Product Offering
Figure 55 Hamamatsu Photonics K.K.: Business Strategies
Figure 56 Adtech Optics: Product Offering
Figure 57 Adtech Optics: Business Strategies
Figure 58 Block Engineering, Inc.: Product Offering
Figure 59 Block Engineering, Inc.: Business Strategies
Figure 60 Wavelength Electronics, Inc.: Product Offering
Figure 61 Wavelength Electronics, Inc.: Business Strategies
Figure 62 Pranalytica, Inc.: Product Offering
Figure 63 Pranalytica, Inc.: Parameters of Business Strategies
Figure 64 Akela Laser Corporation: Product Offering
Figure 65 Akela Laser Corporation: Business Strategies
Figure 66 Nanoplus Nanosystems and Technologies GmbH: Product Offering
Figure 67 Nanoplus Nanosystems and Technologies GmbH: Business Strategies

The global quantum cascade lasers market is expected to grow from USD 302.9 Million in 2016 to USD 374.8 Million by 2022 at a CAGR of 3.9% between 2017 and 2022. The market is expected to be driven by the gas sensing and chemical detection applications, and the growing demand for non-invasive medical diagnostics in the medical industry.

Industrial, medical, telecommunication, military and defense, and others are the key application areas of QCL. The industrial sector held the largest market size, followed by healthcare, in 2016. The market for the telecommunications industry is expected to witness the highest growth rate in the quantum cascade laser market during the forecast period owing to the potential demand for QCLs in free-space communication.

HHL and VHL packaged QCLs are expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the increasing significance of infrared countermeasures (IRCM) in the military and defense industry. C-Mount Packaged QCLs hold the largest market share due to their low cost.

Continuous wave QCLs held the largest share of this market and are expected to grow at a very high rate between 2017 and 2022 due to their deployment in high-power applications in the industrial and military and defense sectors for providing high duty cycles.

The market for distributed feedback QCL held the largest share in 2016 owing to its use in gas spectroscopic applications. With the increase in demand for QCLs in the military and defense industry, the market for Fabry–Perot QCLs is expected to grow at a high CAGR during the forecast period.

North America held the largest share of the quantum cascade lasers market due to the high technological adoption of QCLs in industrial, medical, and military and defense industries in the region. APAC is expected to witness the highest growth rate between 2017 and 2022 due to the presence of industrially developing economies in this region such as China and India.

The report analyzes the restraints and challenges faced by the quantum cascade lasers market, such as the high cost of QCL products. Some of the major players in this market are Block Engineering, Inc. (US), Wavelength Electronics, Inc. (US), Hamamatsu Photonics K.K. (Japan), Thorlabs, Inc. (US), Alpes lasers SA (Switzerland), mirSense (France), AdTech Optics (US), Pranalytica Inc. (US), AKELA Laser Corporation  (US), and nanoplus Nanosystems and Technologies GmbH (Germany).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst