1 INTRODUCTION 17
1.1 STUDY OBJECTIVES 17
1.2 MARKET DEFINITION 17
1.3 STUDY SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 GEOGRAPHIC ANALYSIS 18
1.3.3 YEARS CONSIDERED FOR THE STUDY 19
1.4 CURRENCY 19
1.5 PACKAGE SIZE 19
1.6 LIMITATIONS 19
1.7 STAKEHOLDERS 20

2 RESEARCH METHODOLOGY 21
2.1 INTRODUCTION 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key data from primary sources 23
2.1.2.2 Key industry insights 24
2.1.2.3 Breakdown of primaries 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 25
2.2.2 TOP-DOWN APPROACH 26
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 27
2.4 RESEARCH ASSUMPTIONS 28

3 EXECUTIVE SUMMARY 29

4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN QUANTUM CASCADE LASER (QCL) MARKET 32
4.2 QCL MARKET, BY OPERATION MODE 32
4.3 QCL MARKET, BY PACKAGING TYPE 33
4.4 APAC QCL MARKET, BY END USER AND COUNTRY 33
4.5 QCL MARKET, BY REGION 34

5 MARKET OVERVIEW 35
5.1 INTRODUCTION 35
5.2 COMMERCIALIZATION OF QUANTUM CASCADE LASERS 35
5.3 MARKET DYNAMICS 38
5.3.1 DRIVERS 38
5.3.1.1 Increasing use of quantum cascade lasers in gas sensing and chemical detection applications 38
5.3.1.2 Growing demand for quantum cascade lasers in healthcare applications 39
5.3.2 RESTRAINTS 39
5.3.2.1 High costs of QCL-based devices 39
5.3.3 OPPORTUNITIES 39
5.3.3.1 Use of quantum cascade lasers in free-space optical communication 39
5.3.3.2 Huge potential for use in military applications 40
5.3.3.3 Development of QCL-based devices capable of detecting multiple gases 40
5.3.3.4 Development of terahertz quantum cascade laser technology 40
5.3.4 CHALLENGES 40
5.3.4.1 Complexity of circuitry and requirement for skilled workforce 40

6 INDUSTRY TRENDS 41
6.1 INTRODUCTION 41
6.2 VALUE CHAIN ANALYSIS 41
6.3 PORTER’S FIVE FORCES ANALYSIS 42
6.3.1 INTENSITY OF COMPETITIVE RIVALRY 44
6.3.2 THREAT OF SUBSTITUTES 45
6.3.3 BARGAINING POWER OF BUYERS 45
6.3.4 BARGAINING POWER OF SUPPLIERS 46
6.3.5 THREAT OF NEW ENTRANTS 47
6.4 USE CASES 47
6.4.1 STANDOFF DETECTION OF CHEMICAL AND BIOLOGICAL THREATS 47
6.4.2 PRECISION GAS DETECTION AND MEASUREMENT USING QCL–BASED SENSORS 48

7 QUANTUM CASCADE LASER MARKET, BY FABRICATION TECHNOLOGY 49
7.1 INTRODUCTION 50
7.2 FABRY-PEROT 51
7.2.1 FABRY-PEROT QCLS CAN OPERATE IN MULTI-MODE LIGHT BROAD RANGE AT HIGH OPERATING CURRENT 51
7.3 DISTRIBUTED FEEDBACK 56
7.3.1 DISTRIBUTED FEEDBACK ARE SINGLE-MODE QCLS AND CAN OPERATE IN BOTH CONTINUOUS AND PULSE OPERATION MODES 56
7.4 TUNABLE EXTERNAL CAVITIES 61
7.4.1 TUNABLE EXTERNAL CAVITIES QCLS HAVE A HIGH SPECTRAL TUNING RANGE THAN DISTRIBUTED FEEDBACK QCLS 61

8 QUANTUM CASCADE LASER MARKET, BY OPERATION MODE 67
8.1 INTRODUCTION 68
8.2 CONTINUOUS WAVE 69
8.2.1 CONTINUOUS WAVE OPERATION MODE PROVIDES UNINTERRUPTED LASER BEAM WITH CONSTANT AMPLITUDE AND FREQUENCY OF THE WAVE 69
8.3 PULSED 70
8.3.1 PULSED WAVE OPERATION MODE CONSUMES LES POWER TO OBTAIN LOW DUTY CYCLE 70

9 QUANTUM CASCADE LASER MARKET, BY PACKAGING TYPE 72
9.1 INTRODUCTION 73
9.2 C-MOUNT PACKAGE 74
9.2.1 C-MOUNT PACKAGING TYPE IS USED FOR DEVICES THAT OPERATE IN THE WAVELENGTH RANGE OF 680–980 NANOMETERS (NM). 74
9.3 HHL & VHL PACKAGE 77
9.3.1 HHL & VHL PACKAGING TO GROW AT A SIGNIFICANT RATE DURING FORECAST PERIOD DUE TO INCREASING ADOPTION BY INDUSTRIAL END USERS 77
9.4 TO3 PACKAGE 80
9.4.1 TO3 PACKAGING IS COMMONLY USED BY SILICON-CONTROLLED RECTIFIERS (SCRS), POWER TRANSISTORS, AND HIGH-OUTPUT SEMICONDUCTOR DEVICES 80

10 QUANTUM CASCADE LASER MARKET, BY END USER 84
10.1 INTRODUCTION 85
10.2 INDUSTRIAL 86
10.2.1 QCL-BASED ANALYZERS ARE DEPLOYED FOR GAS SENSING AND MEASUREMENT APPLICATIONS BY INDUSTRIAL END USERS 86
10.3 HEALTHCARE 91
10.3.1 QCL-BASED BREATH ANALYZERS ARE WIDELY BEING ADOPTED OVER THE TRADITIONAL LEAD–SALT DIODE-BASED BREATH ANALYZERS BY HEALTHCARE END USERS 91
10.4 TELECOMMUNICATION 95
10.4.1 QCL TECHNOLOGY IS MATURING GRADUALLY, ITS ADOPTION IN FREE-SPACE OPTICAL COMMUNICATION IS EXPECTED TO INCREASE IN THE FUTURE 95
10.5 MILITARY & DEFENSE 99
10.5.1 FABRY-PEROT QCLS, ARE DEPLOYED IN MILITARY APPLICATIONS SUCH AS INFRARED COUNTERMEASURES (IRCM) FOR TARGETING AND DETECTING EXPLOSIVES AND DRUGS 99
10.6 OTHERS 104
10.6.1 QCLS BASED PRODUCTS FINDS ITS APPLICATION IN EDUCATION AND
R&D APPLICATIONS 104

11 GEOGRAPHICAL ANALYSIS 108
11.1 INTRODUCTION 109
11.2 NORTH AMERICA 111
11.2.1 INCREASING INVESTMENT IN R&D FOR DEVELOPING QCL BASED TECHNOLOGY TO DRIVE THE MARKET 111
11.2.2 US 113
11.2.2.1 Key factors driving the US market are the deployment of laser weapons in defense and use of laser in healthcare procedures 113
11.2.3 CANADA 113
11.2.3.1 Increasing focus on R&D to drive the Canadian QCL market during forecast period 113
11.2.4 MEXICO 113
11.2.4.1 Increasing adoption of QCL based products by industrial end users to drive the Mexican market 113
11.3 EUROPE 116
11.3.1 REGIONAL REGULATION PROVIDE COMPETITIVE EDGE TO EUROPEAN QCL MANUFACTURER 116
11.3.2 UK 120
11.3.2.1 UK government is developing energy-efficient devices and low carbon emission products through expansion of laser technology 120
11.3.3 GERMANY 120
11.3.3.1 Increasing bandwidth requirement in mobile telephone and data center networks fuels the growth of the QCL market in Germany 120
11.3.4 FRANCE 121
11.3.4.1 Increasing adoption of laser technology in the healthcare vertical for diagnosis and therapy is expected to drive the market during forecast period 121
11.3.5 REST OF EUROPE 121
11.3.5.1 Increasing adoption of new technologies for high-speed data connectivity to drive the market in Rest of Europe 121
11.4 ASIA PACIFIC (APAC) 121
11.4.1 HIGH MILITARY AND DEFENSE EXPENDITURE BY CHINA AND INDIA TO BOOST THE DEMAND FOR QCL PRODUCTS 121
11.4.2 CHINA 123
11.4.2.1 Adoption of QCLs in applications such as gas spectroscopy, breathe analyzers, and free-space optical communication is expected to grow during forecast period 123
11.4.3 JAPAN 123
11.4.3.1 Increasing expenditure in R&D and presence of major QCLs manufacturer are expected to drive the Japanese QCL market 123
11.4.4 SOUTH KOREA 123
11.4.4.1 South Korean QCL market is expected to grow at significant rate during forecast period 123
11.4.5 INDIA 123
11.4.5.1 Massive deployment of networks to enable high-speed connectivity and signal availability in the country to propel QCL technology 123
11.4.6 REST OF APAC 124
11.4.6.1 Advantages of laser technology in terms of design and cost expected to boost consumption of QCL-based products 124
11.5 ROW 126
11.5.1 GROWING DEMAND FOR GAS DETECTION AND MEASUREMENT PRODUCTS IN OIL & GAS EXPLORATION TO DRIVE THE MARKET 126
11.5.2 MIDDLE EAST & AFRICA 127
11.5.2.1 Increasing threats of biological and chemical warfare threats in the Middle East expected to fillip the demand for QCL technology 127
11.5.3 SOUTH AMERICA 127
11.5.3.1 Increasing demand for QCL for gas spectroscopy and monitoring applications to drive the market in South America 127

12 COMPETITIVE LANDSCAPE 130
12.1 INTRODUCTION 130
12.2 MARKET RANKING ANALYSIS, 2018 131
12.3 COMPETITIVE LEADERSHIP MAPPING, 2018 132
12.3.1 VISIONARY LEADERS 133
12.3.2 DYNAMIC DIFFERENTIATORS 133
12.3.3 INNOVATORS 133
12.3.4 EMERGING COMPANIES 133
12.4 BUSINESS STRATEGY EXCELLENCE (FOR ALL 25 PLAYERS) 134
12.5 STRENGTH OF PRODUCT PORTFOLIO (FOR ALL 25 PLAYERS) 135
12.6 COMPETITIVE SITUATIONS AND TRENDS 136
12.6.1 PRODUCT LAUNCHES 137
12.6.2 COLLABORATIONS 137
12.6.3 CONTRACTS 138

13 COMPANY PROFILES 139
(Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view)*
13.1 INTRODUCTION 139
13.2 KEY PLAYERS 139
13.2.1 BLOCK MEMS 139
13.2.2 WAVELENGTH ELECTRONICS, INC. 141
13.2.3 HAMAMATSU PHOTONICS K.K. 143
13.2.4 THORLABS, INC 146
13.2.5 ALPES LASERS SA 148
13.2.6 MIRSENSE 150
13.2.7 PRANALYTICA, INC. 151
13.2.8 AKELA LASER CORPORATION 152
13.2.9 EMERSON ELECTRIC CORPORATION 153
13.2.10 NANOPLUS NANOSYSTEMS AND TECHNOLOGIES GMBH 156
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
13.3 OTHER COMPANIES 157
13.3.1 ADTECH OPTICS 157
13.3.2 DRS DAYLIGHT SOLUTIONS 157
13.3.3 SACHER LASERTECHNIK 158
13.3.4 BOSTON ELECTRONICS CORPORATION 158
13.3.5 LASERMAX INC. 159
13.3.6 FRANKFURT LASER COMPANY 159
13.3.7 AERODYNE RESEARCH INC. 160
13.3.8 PHYSICAL SCIENCE INC 160
13.3.9 POWER TECHNOLOGY INC. 161
13.3.10 ALLIED SCIENTIFIC PRO LLC 161

14 APPENDIX 162
14.1 INSIGHTS FROM INDUSTRY EXPERTS 162
14.2 DISCUSSION GUIDE 163
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 166
14.4 AVAILABLE CUSTOMIZATIONS 168
14.5 RELATED REPORTS 168
14.6 AUTHOR DETAILS 169

LIST OF TABLES
TABLE 1 PORTER’S FIVE FORCES ANALYSIS: INTENSITY OF COMPETITIVE RIVALRY HAD MEDIUM IMPACT ON OVERALL QCL MARKET IN 2018 43
TABLE 2 QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 51
TABLE 3 FABRY-PEROT QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD MILLION) 52
TABLE 4 FABRY-PEROT QCL MARKET, BY OPERATION MODE, 2016–2025 (USD MILLION) 52
TABLE 5 FABRY-PEROT QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 52
TABLE 6 FABRY-PEROT QCL MARKET, BY END USER, 2016–2025 (UNITS) 53
TABLE 7 FABRY-PEROT QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 54
TABLE 8 FABRY-PEROT QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 54
TABLE 9 FABRY-PEROT QCL MARKET IN BY EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 55
TABLE 10 FABRY-PEROT QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 55
TABLE 11 FABRY-PEROT QCL MARKET IN ROW, BY REGION, 2016–2025 (USD THOUSAND) 56
TABLE 12 DISTRIBUTED FEEDBACK QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD MILLION) 56
TABLE 13 DISTRIBUTED FEEDBACK QCL MARKET, BY OPERATION MODE, 2016–2025 (USD MILLION) 57
TABLE 14 DISTRIBUTED FEEDBACK QCL MARKET, BY END USER, 2016–2025 (USD MILLION) 57
TABLE 15 DISTRIBUTED FEEDBACK QCL MARKET, BY END USER, 2016–2025 (UNITS) 58
TABLE 16 DISTRIBUTED FEEDBACK QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 59
TABLE 17 DISTRIBUTED FEEDBACK QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 59
TABLE 18 DISTRIBUTED FEEDBACK QCL MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 60
TABLE 19 DISTRIBUTED FEEDBACK QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 60
TABLE 20 DISTRIBUTED FEEDBACK QCL MARKET IN ROW, 2016–2025 (USD THOUSAND) 61
TABLE 21 TUNABLE EXTERNAL CAVITIES QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD MILLION) 61
TABLE 22 TUNABLE EXTERNAL CAVITIES QCL MARKET, BY OPERATION MODE, 2016–2025 (USD MILLION) 62
TABLE 23 TUNABLE EXTERNAL CAVITIES QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 62
TABLE 24 TUNABLE EXTERNAL CAVITIES QCL MARKET, BY END USER, 2016–2025 (UNITS) 63
TABLE 25 TUNABLE EXTERNAL CAVITIES QCL MARKET, BY REGION, 2016–2025 (USD MILLION) 64
TABLE 26 TUNABLE EXTERNAL CAVITIES QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 64
TABLE 27 TUNABLE EXTERNAL CAVITIES QCL MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 65
TABLE 28 TUNABLE EXTERNAL CAVITIES QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 65
TABLE 29 TUNABLE EXTERNAL CAVITIES QCL MARKET IN ROW, BY REGION, 2016–2025 (USD THOUSAND) 66
TABLE 30 QCL MARKET, BY OPERATION MODE, 2016–2025 (USD MILLION) 68
TABLE 31 CONTINUOUS WAVE (CW) QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 69
TABLE 32 CONTINUOUS WAVE (CW) QCL MARKET, BY REGION, 2016–2025 (USD MILLION) 70
TABLE 33 PULSED QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 70
TABLE 34 PULSED QCL MARKET, BY REGION, 2016–2025 (USD MILLION) 71
TABLE 35 QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD MILLION) 73
TABLE 36 C-MOUNT PACKAGE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 74
TABLE 37 C-MOUNT PACKAGE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 75
TABLE 38 C-MOUNT PACKAGE QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 75
TABLE 39 C-MOUNT PACKAGE QCL MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 76
TABLE 40 C-MOUNT PACKAGE QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 76
TABLE 41 C-MOUNT PACKAGE QCL MARKET IN ROW, BY REGION, 2016–2025 (USD THOUSAND) 77
TABLE 42 HHL & VHL PACKAGE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 77
TABLE 43 HHL & VHL PACKAGE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 78
TABLE 44 HHL & VHL PACKAGE QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 78
TABLE 45 HHL & VHL PACKAGE QCL MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 79
TABLE 46 HHL & VHL PACKAGE QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 79
TABLE 47 HHL & VHL PACKAGE QCL MARKET IN ROW, BY REGION, 2016–2025 (USD THOUSAND) 80
TABLE 48 TO3 PACKAGE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD MILLION) 80
TABLE 49 TO3 PACKAGE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 81
TABLE 50 TO3 PACKAGE QCL MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2025 (USD THOUSAND) 81
TABLE 51 TO3 PACKAGE QCL MARKET IN EUROPE, BY COUNTRY, 2016–2025 (USD THOUSAND) 82
TABLE 52 TO3 PACKAGE QCL MARKET IN APAC, BY COUNTRY, 2016–2025 (USD THOUSAND) 82
TABLE 53 TO3 PACKAGE QCL MARKET IN ROW, BY REGION, 2016–2025 (USD THOUSAND) 83
TABLE 54 QCL MARKET, BY END USER, 2016–2025 (USD MILLION) 86
TABLE 55 INDUSTRIAL QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 87
TABLE 56 INDUSTRIAL QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (UNITS) 87
TABLE 57 INDUSTRIAL QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 88
TABLE 58 NORTH AMERICA INDUSTRIAL QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 88
TABLE 59 EUROPE INDUSTRIAL QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 89
TABLE 60 APAC INDUSTRIAL QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 90
TABLE 61 ROW INDUSTRIAL QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 90
TABLE 62 HEALTHCARE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 91
TABLE 63 HEALTHCARE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (UNITS) 92
TABLE 64 HEALTHCARE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 93
TABLE 65 NORTH AMERICA HEALTHCARE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 93
TABLE 66 EUROPE HEALTHCARE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 94
TABLE 67 APAC HEALTHCARE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 94
TABLE 68 ROW HEALTHCARE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 95
TABLE 69 TELECOMMUNICATION QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 96
TABLE 70 TELECOMMUNICATION QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (UNITS) 96
TABLE 71 TELECOMMUNICATION QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 97
TABLE 72 NORTH AMERICA TELECOMMUNICATION QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 97
TABLE 73 EUROPE TELECOMMUNICATION QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 98
TABLE 74 APAC TELECOMMUNICATION QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 98
TABLE 75 ROW TELECOMMUNICATION QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 99
TABLE 76 MILITARY & DEFENSE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 100
TABLE 77 MILITARY & DEFENSE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (UNITS) 101
TABLE 78 MILITARY & DEFENSE QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 101
TABLE 79 NORTH AMERICA MILITARY & DEFENSE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 102
TABLE 80 EUROPE MILITARY & DEFENSE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 102
TABLE 81 APAC MILITARY & DEFENSE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 103
TABLE 82 ROW MILITARY & DEFENSE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 104
TABLE 83 OTHERS QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 104
TABLE 84 OTHERS QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (UNITS) 105
TABLE 85 OTHERS QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 105
TABLE 86 NORTH AMERICA OTHERS QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 106
TABLE 87 EUROPE OTHERS QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 106
TABLE 88 APAC OTHERS QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 107
TABLE 89 ROW OTHERS QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 107
TABLE 90 QCL MARKET, BY REGION, 2016–2025 (USD MILLION) 110
TABLE 91 NORTH AMERICA QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 113
TABLE 92 NORTH AMERICA QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 114
TABLE 93 NORTH AMERICA QCL MARKET, BY OPERATION MODE, 2016–2025 (USD THOUSAND) 114
TABLE 94 NORTH AMERICA QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD THOUSAND) 115
TABLE 95 NORTH AMERICA QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 115
TABLE 96 EUROPE QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 118
TABLE 97 EUROPE QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 118
TABLE 98 EUROPE QCL MARKET, BY OPERATION MODE, 2016–2025 (USD THOUSAND) 119
TABLE 99 EUROPE QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD THOUSAND) 119
TABLE 100 EUROPE QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 120
TABLE 101 APAC QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 124
TABLE 102 APAC QCL MARKET, BY COUNTRY, 2016–2025 (USD THOUSAND) 125
TABLE 103 APAC QCL MARKET, BY OPERATION MODE, 2016–2025 (USD THOUSAND) 125
TABLE 104 APAC QCL MARKET, BY PACKAGING, 2016–2025 (USD THOUSAND) 125
TABLE 105 APAC QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 126
TABLE 106 ROW QCL MARKET, BY END USER, 2016–2025 (USD THOUSAND) 127
TABLE 107 ROW QCL MARKET, BY REGION, 2016–2025 (USD THOUSAND) 128
TABLE 108 ROW QCL MARKET, BY OPERATION MODE, 2016–2025 (USD THOUSAND) 128
TABLE 109 ROW QCL MARKET, BY PACKAGING TYPE, 2016–2025 (USD THOUSAND) 129
TABLE 110 ROW QCL MARKET, BY FABRICATION TECHNOLOGY, 2016–2025 (USD THOUSAND) 129
TABLE 111 PRODUCT LAUNCHES, 2016–2018 137
TABLE 112 EXPANSIONS, 2016–2018 137
TABLE 113 COLLABORATIONS, 2016–2018 137
TABLE 114 CONTRACTS, 2016–2018 138

LIST OF FIGURES
FIGURE 1 MARKET SEGMENTATION 18
FIGURE 2 QCL MARKET: RESEARCH DESIGN 21
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 25
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 26
FIGURE 5 DATA TRIANGULATION 27
FIGURE 6 ASSUMPTIONS FOR THE RESEARCH STUDY 28
FIGURE 7 DISTRIBUTED FEEDBACK SEGMENT IS PROJECTED TO LEAD QCL MARKET FROM 2019 TO 2025 30
FIGURE 8 INDUSTRIAL END USER SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF QCL MARKET IN 2018 30
FIGURE 9 NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF QCL MARKET IN 2018 IN TERMS OF VALUE 31
FIGURE 10 INCREASING USE OF QUANTUM CASCADE LASERS IN GAS SENSING AND CHEMICAL DETECTION APPLICATIONS IS FUELING GROWTH OF QCL MARKET 32
FIGURE 11 CONTINUOUS WAVE SEGMENT IS PROJECTED TO LEAD QCL MARKET FROM 2019 TO 2025 32
FIGURE 12 C-MOUNT PACKAGE SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF QCL MARKET IN 2018 33
FIGURE 13 INDUSTRIAL SEGMENT AND CHINA ARE ESTIMATED TO ACCOUNT FOR THE LARGEST SHARES OF APAC QCL MARKET IN 2019 33
FIGURE 14 NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF QCL MARKET IN 2018 34
FIGURE 15 COMMERCIALIZATION OF QUANTUM CASCADE LASERS 35
FIGURE 16 MARKET GROWTH PROJECTIONS CONSIDERING DRIVERS 36
FIGURE 17 MARKET GROWTH PROJECTIONS CONSIDERING OPPORTUNITIES 36
FIGURE 18 MARKET GROWTH PROJECTIONS CONSIDERING CHALLENEGES, AND RESTRAINTS 37
FIGURE 19 INCREASING USE OF QUANTUM CASCADE LASERS IN GAS SENSING AND CHEMICAL DETECTION APPLICATIONS FUELS GROWTH OF QCL MARKET 38
FIGURE 20 VALUE CHAIN ANALYSIS OF QCL MARKET, 2018 41
FIGURE 21 PORTER’S FIVE FORCES ANALYSIS 42
FIGURE 22 QCL MARKET: PORTER’S FIVE FORCES ANALYSIS 43
FIGURE 23 MEDIUM IMPACT OF INTENSITY OF COMPETITIVE RIVALRY ON QCL MARKET DUE TO MODERATE COMPETITION AMONG EXISTING PLAYERS 44
FIGURE 24 LOW IMPACT OF THREAT OF SUBSTITUTES ON QCL MARKET DUE TO LACK OF SUBSTITUTES IN MID-INFRARED WAVELENGTH 45
FIGURE 25 LOW IMPACT OF BARGAINING POWER OF BUYERS ON QCL MARKET DUE TO LOW SWITCHING COSTS OF BUYERS 45
FIGURE 26 MEDIUM IMPACT OF BARGAINING POWER OF SUPPLIERS ON QCL MARKET DUE TO HIGH SWITCHING COSTS OF SUPPLIERS 46
FIGURE 27 LOW IMPACT OF THREAT OF NEW ENTRANTS ON QCL MARKET DUE TO PRESENCE OF ESTABLISHED PLAYERS 47
FIGURE 28 QCL MARKET, BY FABRICATION TECHNOLOGY 50
FIGURE 29 QCL MARKET FOR FABRY-PEROT TECHNOLOGY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 50
FIGURE 30 MILITARY & DEFENSE END USER HOLDS LARGEST SHARE OF FABRY-PEROT QCL MARKET 53
FIGURE 31 DFB QCL MARKET IS BEING DRIVEN BY INDUSTRIAL SEGMENT 58
FIGURE 32 TUNABLE EXTERNAL CAVITIES QCL MARKET FOR TELECOMMUNICATION END USER SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 63
FIGURE 33 QUANTUM CASCADE LASERS MARKET, BY OPERATION MODE 68
FIGURE 34 CONTINUOUS WAVE SEGMENT TO HOLD LARGEST SHARE OF QCL MARKET TILL 2025 69
FIGURE 35 QCL MARKET, BY PACKAGING TYPE 73
FIGURE 36 C-MOUNT FABRY-PEROT QCL MARKET EXPECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 74
FIGURE 37 QCL MARKET, BY END USER 85
FIGURE 38 INDUSTRIAL END USER TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 85
FIGURE 39 CHINA TO HOLD LARGEST SHARE OF QCL MARKET FOR INDUSTRIAL SEGMENT IN APAC 89
FIGURE 40 SHIPMENT FOR FABRY-PEROT QCLS TO GROW AT HIGHEST CAGR DURING FORECAST 92
FIGURE 41 MILITARY AND DEFENSE QCL MARKET, BY FABRICATION TECHNOLOGY, 2019 & 2025 (USD THOUSAND) 100
FIGURE 42 CHINA TO HOLD LARGEST SHARE OF MILITARY & DEFENSE QCL MARKET IN APAC DURING FORECAST PERIOD 103
FIGURE 43 ADOPTION OF QCLS IN TECHNOLOGICALLY ADVANCING COUNTRIES SUCH AS CHINA AND INDIA IS DRIVING QCL MARKET 109
FIGURE 44 QCL MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2019 TO 2025 110
FIGURE 45 NORTH AMERICA QCL MARKET SNAPSHOT 112
FIGURE 46 EUROPE QCL MARKET SNAPSHOT 117
FIGURE 47 ASIA PACIFIC QCL MARKET SNAPSHOT 122
FIGURE 48 ROW QCL MARKET SNAPSHOT 127
FIGURE 49 PLAYERS IN QCL MARKET ADOPTED PRODUCT LAUNCHES AS KEY GROWTH STRATEGY FROM 2016 TO 2018 130
FIGURE 50 RANKING OF KEY PLAYERS IN QCL MARKET, 2018 131
FIGURE 51 QCL MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 132
FIGURE 52 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES WAS THE KEY STRATEGY ADOPTED BY THE PLAYERS BETWEEN 2016 TO 2018 136
FIGURE 53 HAMAMATSU PHOTONICS K.K.: COMPANY SNAPSHOT 143
FIGURE 54 EMERSON ELECTRIC CORPORATION: COMPANY SNAPSHOT 153