“There is a large market for lasers in India and China. We put major efforts into increasing our visibility there. Our products are mainly sold to scientists, but we are trying to also break into the industrial sector. However, there are certain requirements which are still quite challenging,” said Dainius Tumosa, the head of Optolita.
Lithuanian laser companies’ main markets are still in European countries, but according to them, to be a serious global player, they must be competitive in Asia. The defence-oriented laser products they produce are mainly bought by Britain, France, Norway, Switzerland, and the United States of America.
However, they are also developing new products that are growing their market share.
“Previously, we offered our customers only the product components, and now we offer a final product – the entire system which the user can immediately use directly. Our security and defence industry dedicated systems were a great success and in less than a year we were able to generate about a third of all of our sales from that sector,” said Augustinas Vizbaras, a scientist, co-owner of Brolis Semiconductors.
After creating a widely tunable laser technology, Brolis Semiconductors were nominated as one of the world’s most innovative product developers worldwide in prestigious industry awards.
The sensor sphere is the most promising sector for the future, as all smart technologies use lasers, and all the major market players – Google, Apple, Microsoft, are making major investments there, according to industry experts.