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Recently, Markets And Markets released a five-year assessment report on the global laser industry. According to the report, the global laser technology market is expected to reach $20 billion by 2024 and is projected to reach $29.5 billion by 2029, with a compound annual growth rate of 8.0% during the forecast period.Global Laser Technology Market ForecastThe reasons for market growth include: the...
Figure 1. The setup of Hui Zhao and his team at the University of Kansas Ultra Fast Laser Laboratory.A team of researchers from the University of Kansas's ultrafast laser laboratory recently managed to capture real-time ballistic transmission of electrons in graphene, which could lead to faster, more powerful, and more energy-efficient electronic devices in the future.The motion of electrons is of...
High-tech and industrial laser company Trumpf has reported rather negative preliminary trading figures for the fiscal year (FY) 2024-2025, with CEO Nicola Leibinger-Kammüller stating that “the lowest point has been reached.”The Ditzingen, Germany-based company stated that it had ended the latest fiscal year “as expected – with a decline in sales and order intake.” According to preliminary calcul...
TYVOK, industry leaders in laser engraving technology, just announced the launch of TYVOK K1, a modular CO₂ laser engraver engineered to give makers, designers, schools, and small businesses industrial power with intuitive design and user-friendly operation. TYVOK K1 blends a true 100W optical CO₂ laser engine with precision motion control, a rigid, level platform, and professional-grade safety sy...
Since the 1960s, lasers have brought revolutionary changes to the world and have now become an indispensable tool in modern applications, from cutting-edge surgical procedures and precision manufacturing to fiber optic data transmission. However, with the increasing demand for laser applications, challenges have also arisen. For example, the market for fiber lasers is constantly expanding, mainly ...