Global He-Ne laser Market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 3.7% during the forecast period.

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Market Definition

He-Ne laser stands for Helium-Neon laser. It is a special kind of a gas laser wherein mixture of 90%heliumgas and 10%neongas is used as a gain medium inside a small electric discharge.The most common and most widely used He-Ne laser emits red light from the visible spectrum, at 632.8 nm of wavelength.

Market Dynamics

He-Ne laser market has been seeing ample growth from the past few years. The growth of He-Ne lasers is primarily driven by its high adoption in spectroscopy, measurement setups and precision instrumentation applications. An increasing demand for He-Ne lasers in applications such as in scientific instruments, industries and educational or research laboratories, rising use of He-Ne lasers for laboratory demonstrations in the field of optics, growing significance of He-Ne lasers in consumer electronics applications such as in LaserDisc players and escalating adoption of He-Ne lasers in various scientific instruments are expected to improve growth of the market during the forecast period.

However, some of the drawbacks of He-Ne lasers, such as low gain, low efficiency and inability to perform high power tasks arethe major restraining factorsthat could hinder the growth of the market.

Global He-Ne Laser Market: Segmentation Analysis

By application, industrial and scientific use segments dominated the market in 2019 and are projected to witness fast growth at a CAGR of XX% during the forecast period. A surge in the adoption of He-Ne lasers in industrial and scientific applications such as in laboratory demonstrations in the field of optics owing to their benefits such as ease of operation, low and long coherence length is accredited to the growth of market.

An increasing significance of He-Ne lasers in applications such as cleanroom monitoring equipment, metrology, food sorting, confocal microscopy, flow cytometry, alignment, barcode scanners, blood analysis, non-contact monitoring and measuring systems and in interferometers are expected to expand growth of the market during the forecast period. In addition, He-Ne lasers provide some benefits such as high coherence length, high spectral purity, stable central wavelength, low-cost, high stability and excellent beam quality and alignment, which are ultimately making them most ideal choice of various industrial and scientific applications in the market.

Global He-Ne Laser Market: Regional Analysis

Region-wise, North America dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the massive adoption of He-Ne lasers in various industrial and scientific applications across the region.

Growing investments in research and development activities in the field of gas laser technology, vast presence of various research laboratories across the region, rising importance of He-Ne lasers in applications such as in imaging and medical equipments, maritime visual guidance systems and opacity monitoring applications are driving the growth of the market in NA region.

The objective of the report is to present a comprehensive analysis of the Global He-Ne Laser Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global He-Ne Laser Market dynamics, structure by analyzing the market segments and projects the Global He-Ne Laser Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global He-Ne Laser Market make the report investor’s guide.

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The Scope of Global He-Ne Laser Market

Global He-Ne Laser Market, By Gas Ratio

• 5:1-8:1
• 8:1-15:1
• 15:1-20:1
• Others
Global He-Ne Laser Market, By Application

• Military Use
• Industrial Use
• Scientific Use
• Commercial Use
Global He-Ne Laser Market, By Region

• North America
 US
 Canada
• Europe
 UK
 France
 Germany
 Italy
 Spain
 Norway
 Russia
• Asia Pacific
 China
 India
 Japan
 South Korea
 Australia
 Malaysia
 Indonesia
• South America
 Brazil
 Mexico
 Argentina
• Middle East and Africa
Global He-Ne Laser Market, Key Players

• OLYMPUS CORPORATION
• Thorlabs, Inc
• Holmarc Opto-Mechatronics (P) Ltd
• LASOS Lasertechnik GmbH
• IDEX Health & Science LLC
• Lumentum Operations LLC
• PHYWE Systeme GmbH und Co. KG
• CrystaLaser
• Photonic Solutions
• Research Electro-Optics, Inc.
• NEOARK Corporation
• RP Photonics Consulting GmbH
• Integrated Optics, UAB
• Newport Corporation
• Excelitas Technologies Corp
• Jiangxi Liansheng Technology
• Pacific Lasertec
• XX
• XX
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