New Market Research Report: Global Solid-state Lasers for Data Storage Market 2015-2019

Recently published research from TechNavio, "Global Solid-state Lasers for Data Storage Market 2015-2019", is now available at Fast Market Research

[USPRwire, Thu Jan 15 2015] A laser (light amplification by stimulated emission of radiation) is a device that produces a concentrated beam of coherent monochromatic electromagnetic radiation by stimulated emission of photons from excited molecules. These devices are widely used in applications such as communications, material processing, excimer lithography, data storage, medical and aesthetic, scientific and military, and instrumentation and sensors. Lasers are used for drilling, cutting, alignment, bloodless surgery, cosmetic dentistry, and reading bar codes. Lasers are categorized into two types: diode and non-diode lasers. Lasers that use solids (that contains glasses or crystals doped with rare earth elements) as a gain medium are referred to solid-state lasers.

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Lasers play a critical role in the expansion of memory capacity of data storage. Currently, many optical disc systems are equipped with 780 nm laser diodes, which are compact, reliable, and inexpensive. However, because of the spot size, these laser diodes limit the memory capacity.

TechNavio's analysts forecast the Global Solid-state Lasers for Data Storage market to grow at a CAGR of 4.78 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Solid-state Lasers for Data Storage market for the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of solid-state lasers for data storage applications, worldwide. The report does not consider the following in calculating the market size:

* Components or devices used in the production of solid-state lasers
* Any type of device that does not fall under the solid-state laser category
* Service and maintenance of solid-state lasers
* Solid-state lasers used for other applications such as cutting, welding, marking, and engraving purposes

Key Regions

* Europe
* North America

Key Vendors

* Coherent Inc.
* Rofin-Sinar Technologies Inc.
* Trumpf Inc.

Other Prominent Vendors

* JDS Uniphase
* JK Lasers
* Laserglow technologies
* Lee Laser
* Photonics Industries International
* Photonic Solutions
* Quanta System

Market Driver

* Increased Demand for Blu-ray Discs
* For a full, detailed list, view our report

Market Challenge

* Declining Sales of CDs and DVDs
* For a full, detailed list, view our report

Market Trend

* Increase in Number of M&A
* For a full, detailed list, view our report

Key Questions Answered in this Report

* What will the market size be in 2019 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?

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