Global Laser Annealing System Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of xx.xx% during the forecast period that is 2017-2025. Laser annealing system is a renovation done over the surfaces of materials or surface heat-temper marking procedure. The heat produced by the temperature of laser beam creates an oxidation method under the surface of the material, initiating a conversion of color on the surface of the metal placed over it. In other terms, laser annealing process is achieved with the help of laser, which heats the surface of the material rapidly and allowing it to cool naturally.
Global Laser Annealing System Market Size, Share Analysis By Region 2017
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global laser annealing system market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global laser annealing system market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Initially, laser printing was designed by warming the material in a furnace at very high temperatures for few hours depending upon the materials. However, this had various difficulties such as, hotness hampering the substrate unfavorably and the process consuming a lot of time. Heating the material at lower temperature by laser annealing method heats the outer surface of the material quicker and allows it to cool down naturally. With the help of laser annealing system, the difficulties triggered by heating in a furnace at high temperatures are resolved. This stands to be one of the key driving factor for the growth of global laser annealing systems market. Laser annealing also finds its usage in the healthcare industry as it is widely being used in tracing different medical devices.
High cost is one of the key restraining factors for laser annealing market. Due to the high cost incurred in laser annealing, small and medium enterprises manufacturers are unable to meet the expenditures of a better quality laser annealing. However there is noticeable modification in the direction of the established or structured organizations working in the semiconductor sector as a considerable portion of the total annealed semiconductors market is supplied by small and medium enterprises.
The laser annealing system market is categorized on the bases of type of beam, application and geography. Based on type of beam, the market is segmented into multi lens beam and line beam method. Until the recent years Gen8 generation, mainly line beams were been used for the annealing process. These beams uncover the anterior part of a silicon film on a substrate that is made of glass, in order to anneal it. However, due to the development of multi lens lasers, the development of miniscule annealing through multiple lenses is growing. This segment is anticipated to grow substantially in the near future owing to improved process effectiveness as the annealing is completed primarily inside the transistor. Based on industry, the global laser annealing market is divided into automotive, medical, metals and plastics among other industries.
The global laser annealing system market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America region accounted for the largest market share in 2017 in the global market. The presence of key players in this region such as IPG Photonics Corporation and Pennwell Corporation focusing on innovation stands to be one of the major driving factor in this market. Additionally rising number of organizations operating in the laser annealing market and the recent guidelines concerning 3D printing particularly in the healthcare industry are anticipated to fuel the growth of laser annealing system market in this region.
Global Laser Annealing System Market Study Objective
1. To forecast the market size of laser annealing system market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of laser annealing system market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of laser annealing system market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of laser annealing system market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the laser annealing system market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
The key players in Laser Annealing System market are IPG Potonics Corporation, Pennwell Corporation., Sumitomo Heavy Industries, Ltd., Ultratech, Inc., Fine Semitech Corp, Gigaphoton, Amada Miyachi and Y.A.C. Co., Ltd. 3D-Micromac AG among others. In 2017, 3D-Micromac AG, one of the leading players in the market introduced laser annealing system for semiconductor, power device and mems manufacturing.
Global Laser Annealing System Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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