The quantum cascade laser market is expected to record a CAGR of 4% over the forecast period (2021-2027). Quantum cascade lasers are semiconductor lasers that provide peak emission in the mid-infrared range (4μm to 10μm). This device is an excellent light source for mid-infrared applications such as molecular gas analysis and absorption spectroscopy.
The cost of quantum cascade lasers is very high, and the lack of skilled labor to develop QCL products and lack of commerciality are the major factors impeding the growth of the quantum cascade laser market during the forecast period.
Demand for quantum cascade lasers is increasing in a variety of industries such as oil and gas, chemicals, medical, telecommunications and defense. Manufacturing companies use this laser to detect leaks of harmful gases such as CO, NH3 and CO2. The telecom industry will quickly adopt this QCL technology to drive the growth of this market.
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Quantum Cascade Lasers Market Segmentation
By Fabrication Technology:
• Fabry–Perot
• Distributed Feedback
• Tunable External Cavities
By Operation Mode:
• Continuous Wave Mode
• Pulsed Mode
By Packaging Type:
• C-Mount Package
• HHL & VHL Package
• TO3 Package
By End User:
• Industrial
• Healthcare
• Telecommunication
• Military & defense
• Others (research and development, education)
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)