Steve G. Anderson This is Me

Education

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1. 1. optics.org

   optics.org/blog/2008/04/ - [Cached]

   Published on: 4/1/2008   Last Visited: 5/16/2008

   That's the staggering prediction made by Steve Anderson, chief editor of Laser Focus World (LFW) in this afternoon's industry perspectives seminar.
   
   Based on LFW's 2008 market review and forecast, the optoelectronics market gained about 7% in 2007 to reach $620 bn, and the predicted annual growth rate is around 7.7%.The main contributor to this growth comes from components, which was worth $350 bn in 2007 and is expected to reach $675 bn in 2017.The biggest drivers for this growth are flat-panel displays, which has a predicted growth compound growth rate of 7.4%.
   
   Looking specifically at lasers, the world market was worth $6.9 bn in 2007 with diode lasers taking a 55% market share.Anderson cites the biggest trend driving growth as miniaturization, followed by the development of new wavelengths, faster pulses and greater beam delivery options.
   
   In terms of laser sales, the three largest sectors are materials processing applications, which in 2007 were worth $1.3 bn, followed by telecoms at $1.7 bn and optical storage at $1.6 bn."The telecom laser market exceeded the optical storage market for the first time since 2001," said Anderson."This is largely due to the huge growth of fibre to the home that we have seen recently."
   
   Living in the US, Anderson is all too aware of the current financial uncertainly the country is experiencing."Device manufacturers are cautious about new investment due to shaky consumer confidence," he said.
   ...
   According to Anderson, the medical therapy market is predicted to grow by 10% to reach $614 m.

2. 2. optics.org

   optics.org/blog/2008/01/ - [Cached]

   Published on: 1/1/2008   Last Visited: 5/16/2008

   At today's Lasers and Photonics Marketplace Seminar, Steve Anderson, editor-in-chief of Laser Focus World, prefaced his annual forecast of the laser market with the following words from Stanford economics professor Ezra Solomon: "The only purpose of economic forecasting is to make astrology look respectable."
   ...
   According to Anderson, the biggest unknown is how falling consumer confidence, particularly in the US, might impact on global laser sales.
   
   The good news, he says, is that for the moment at least it appears that high-tech firms have been shielded from the broader economic malaise.Figures released by Anderson show that sales of all types of lasers increased by around 9% in 2007 to reach $6.9 billion.He also forecasts continued growth in 2008 - albeit at a lower rate of 7% - which will bring the total laser market to $7.3 billion.
   
   Beyond that headline figure, Anderson says that sales of non-diode lasers rose by 8% in 2007 to account for $3.08 billion of the total, driven primarily by materials processing applications as well as double-digit growth in lasers for scientific and medical applications.

3. 3. www.ailu.org.uk

   www.ailu.org.uk/laser_technolo - [Cached]

   Published on: 3/26/2008   Last Visited: 6/2/2008

   Stephen Anderson, Editor-in-Chief & Associate Publisher, Laser Focus World