SAN JOSE, Calif., 13 Feb. 2008. The global market for diode and non-diode lasers will grow by 7 percent this year after growing about 9 percent to $6.9 billion in 2007, report experts at Laser Focus World (LFW) magazine in Nashua, N.H.
Among the non-diode laser categories, CO2 lasers dominate for materials processing applications., yet the diode laser market ($3.8 billion in 2007) is closely tied to consumer applications such as PlayStation 3, DVD players, and displays.
LFW Chief Editor Stephen Anderson revealed the laser market study in January at the Laser & Photonics Marketplace Seminar, held together with SPIE's Photonics West Conference in San Jose, Calif.
The industrial laser market will grow by 6 percent in 2008, with China leading all market sectors with a 40 percent annual growth rate, says David Belforte, chief editor of Industrial Laser Solutions magazine in Nashua, N.H.
This story appeared 22 Jan. in Laser Focus Word. Click here to read the original story.
