Tuesday 17 February 2015, Amsterdam
Commenting on the report, an analyst from the report's team said: “The Global Solid-state Laser market is witnessing increased consolidation, which is expected to continue during the forecast period. Existing vendors and new entrants are entering into acquisitions to either enter the market or broaden their portfolio of offerings. For instance, Coherent acquired Innolight and Lumera Laser in 2012. With this acquisition, Coherent is expected to strengthen its foothold in the market. Thus, the increase in the number of mergers and acquisitions is expected to augur well for the growth of the market during the forecast period”
According to the report, several factors drive the growth of the Global Solid-state Laser market. The increased usage of solid-state lasers in the Healthcare industry is one of the major drivers in this market. Solid-state Lasers are increasingly being used in dentistry, surgery, and for skin surgeries.
Further, the report states that despite the presence of several drivers, the growth of the Global Solid-state Laser market is curtailed by some serious challenges. The intensely competitive environment is one of the major challenges in this market. The penetration of fiber lasers in the Laser market has had an adverse effect on the profitability of Global Solid-state Laser market vendors, thereby stunting the growth of this market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.