DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dcrqgc/global_industrial) has announced the addition of the "Concise Analysis of the International Industrial Laser Market - Forecasts to 2016" report to their offering.
One of the major applications for laser technology is light illumination. Lasers are 1,000 times more powerful than any light emitting diode. The Lighting industry is poised to witness a transformation because of the increasing usage and adoption of lasers for lighting purposes.
Most of the high power bulbs will be replaced by laser illuminated bulbs during the forecast period. Laser lights consume less energy than conventional bulbs and provide more illumination. Moreover, laser lights do not harm the environment and people. Laser lights are expected to be much smaller than the current systems and will consume less energy.
According to the report, one of the major drivers in this market is the technological advancements in the Industrial sector. This in turn is expected to increase the demand and usage of highly efficient lasers during the forecast period.
Further, the report states that one of the major challenges in this market is the lack of technical expertise amongst workers. Laser system installation and maintenance requires good technical knowledge and experience. If laser systems are not operated properly due to a lack of technical expertise, it could result in serious damage to the environment and other related machinery.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Key Topics Covered:
1. Executive Summary
2. Scope of the Report
3. Market Research Methodology
4. List of Abbreviations
6. Market Landscape
7. Market Segmentation by Application
8. Market Segmentation by End-users
9. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
- Axcel Photonics
- Global Laser
- IPG Photonics
- Rofin-Sinar Technologies
For more information visit http://www.researchandmarkets.com/research/dcrqgc/global_industrial