The Latin America, Middle East and Africa Quantum Cascade Laser Market would witness market growth of 10.1% CAGR during the forecast period (2023-2030).
Over the past few years, there has been a surge in demand for products for aviation platforms. This applies to portable and battery-powered handheld items and includes decreased size, power consumption, weight, and price. In order to create new inclinations that make use of current thermal imaging camera technology, quantum cascade laser (QCL) technology operates in the mid-and long-wave infrared.
Along with being suitable for aircraft platforms, QCL solutions are a perfect match for operator demands for the compact, lightweight pointer as well as beacon capabilities. Field testing of powerful, portable, battery-operated devices has shown their effectiveness in various air and ground applications.
According to some surveys, air pollution levels in the Middle East and Africa’s main cities are among the worst in the world, with the average urban inhabitant breathing air more than ten times higher than what the WHO considers safe. The inhabitant of these nations falls ill for at least 60 days in their life owing to exposure to high levels of air pollution, which causes over 270,000 deaths annually (more than deaths from diabetes, malaria, traffic accidents, TB, HIV/AIDS, and acute hepatitis combined). In addition, the enormous economic implications of air pollution are estimated to be $141 billion annually or 2% of the regional GDP. This further raises the need for air quality monitoring, thus increasing the demand for quantum cascade lasers in the LAMEA region.
The Brazil market dominated the LAMEA Quantum Cascade Laser Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $7.3 million by 2030. The Argentina market is showcasing a CAGR of 10.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.8% during (2023 - 2030).
Based on Fabrication Technology, the market is segmented into Distributed Feedback, Fabry-Perot, and Tunable External Cavities. Based on End-use, the market is segmented into Industrial, Medical, Telecommunication, Military & Defense, and Others. Based on Packaging Type, the market is segmented into TO3 Package, C-Mount Package, and HHL & VHL Package. Based on Operation Mode, the market is segmented into Pulsed, and Continuous Wave. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Quantum Cascade Laser Market is Projected to reach USD 598.7 Million by 2030, at a CAGR of 5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Mirsense SA, Block Engineering, Wavelength Electronics, Inc., Daylight Solutions, Inc (Leonardo Drs, Inc.), Alpes Lasers, Nanoplus Nanosystems and Technologies GmbH, Akela Laser Corporation, Thorlabs, Inc., Hamamatsu Photonics K.K., and Emerson Electric Co.
By Fabrication Technology
By End-use
By Packaging Type
By Operation Mode
By Country
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