Laser Diode Market, By Doping Material (InGaN, GaN, AIGaInP, GaAIAs, GaInAsSb, GaAs, Others), By Application (Industrial, Consumer Electronics, Healthcare, Automotive, Defense, Others), By Technology (Double Hetero structure Lasers Diodes, Quantum Well Lasers Diodes, Quantum Cascade Lasers Diodes, Distributed Feedback Lasers Diodes, SCH Lasers Diodes, VCSEL Diodes, VECSEL Diodes), By Property (wavelength) (Infrared Laser Diode, Red Laser Diode, Blue Laser Diode, Blue Violet Laser Diode, Green Laser Diode, Ultraviolet Laser Diode)), By Regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A laser diode is a diaphragm-like semiconductor device like a fluorescent lamp in which an electrode is directly injected with light energy directly to the junction of a diode. Laser diodes will directly emit light into the phosphors of the semiconductor where the current is formed. It is used mainly in the medical field to perform many different applications such as curing an eye infection, sterilizing medical equipment, and eliminating skin growths and scars. It also has many cosmetic uses including removing tattoos. Although there are other methods of removing a tattoo from the skin, these tend to be painful and require several sessions.
Increasing use of high-power laser diodes in autonomous vehicle technologies is expected to boost growth of the global laser diode market during the forecast period. Autonomous vehicles use a novel technology known as LIDAR or light detection and ranging for various purposes to detect objects around a vehicle. The primary advantage of LIDAR is that it can generate accurate 3D images of everything including surrounding vehicles to traffic lights. Light sources such as laser and photosensors such as photodiodes are typically used in LIDAR. Hence, these factors are expected to drive market growth.
Furthermore, rapid growth of the fiber laser market is expected to accelerate growth of the global laser diode market in the near future.
Key features of the study:
This report provides in-depth analysis of the laser diode market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global laser diode market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ASML Holding NV, Trumpf GmbH + Co. KG, Axcel Photonics, Inc., Sumitomo Electric Industries, Ltd., Coherent Inc., Sharp Corporation, Rofin-Sinar Technologies Inc., IPG Photonics Corp., and Newport Corp.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global laser diode market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global laser diode market
Global Laser Diode Market, By Doping Material
Global Laser Diode Market, By Application
Global Laser Diode Market, By Technology
Double Hetero structure Lasers Diodes
Quantum Well Lasers Diodes
Quantum Cascade Lasers Diodes
Distributed Feedback Lasers Diodes
SCH Lasers Diodes
Global Laser Diode Market, By Property (Wavelength)
Infrared Laser Diode
Red Laser Diode
Blue Laser Diode
Blue Violet Laser Diode
Green Laser Diode
Ultraviolet Laser Diode
Global Laser Diode Market, By Region:
ASML Holding NV*
Trumpf GmbH + Co. KG
Axcel Photonics, Inc.
Sumitomo Electric Industries, Ltd.
Rofin-Sinar Technologies Inc.
IPG Photonics Corp.
*Browse all the market data tables and figures on “Global Laser Diode Market- Forecast to 2028”
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