Abstract
LASER expanded as Light Amplification by Stimulated Emission of Radiation is one of the greatest inventions of mankind. The history of lasers dates back to the early 1960s. There are various types of lasers, such as gas lasers, chemical lasers, dye lasers, semiconductor lasers, solid-state lasers, CO2 lasers, Nd-YAG, and fiber lasers, etc.. The applications of lasers are many and are only growing with time as new ways of laser applications are uncovered. Some critical applications of lasers are mechanical, medical, aviation, automotive, fabrication, sheet metal, electronics, electrical, packaging, and tribology treatment. Within these applications, lasers are used for a wide variety of reasons. The global laser processing market size was valued at $12.5 billion in 2017. The industrial lasers market is expected to witness a CAGR growth of 5.3% until 2023. The chapter also researches how the quality of laser treatments affects the market.
Keywords: Aerospace, Applications, Automotive, Barcoding, Biomaterials, Data storage, Fashion technology, Healthcare, Lasers, Laser cutting, Laser lights, Market size, Matrix laser, Microprocessors, Printing, Quality, Satellite communication, Scanning, Semiconductor, Skin treatments, Types of Lasers.
