Global Diode Mount Market 2017-2021
About Diode Mount
A diode mount is a casing that contains a diode. Such packages have the ability to provide protection against corrosion. They also have contact pins used to connect devices to external circuits. Mounts also dissipate heat produced by devices.Thousands of standard package types are being made, with some made as per industry-wide standards and some specifically for individual manufacturers. Glass packages are commonly used as diode mounts.Technavio’s analysts forecast the global diode mount market to grow at a CAGR of 5.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global diode mount market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of new diode mounts.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Diode Mount Market 2017-2021
Technavio recognizes the following companies as the key players in the global diode mount market: Edmund Optics, LASER COMPONENTS, and Newport.
Other Prominent Vendors in the market are: Laser 2000, QPhotonics, and Thorlabs.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing acceptance of wearable electronic devices. Wearable electronic devices, including heart rate monitors, smart fabrics, smart watches, fitness bands, and smart glasses, monitor fitness levels by tracking the daily activities of users. These wearable devices are integrated with transceiver chips. The technology will gain significant momentum during 2017-2021 because of the increasing adoption of these devices by consumers.”
According to the report, one driver in the market is increasing demand for diode mounts in industrial applications. Many industries, including heavy engineering, aerospace, consumer electronics, and general manufacturing, regularly use laser diodes in various applications, such as materials processing. Materials processing applications include metal welding, laser brazing, metal hardening, cladding or repair welding, and metal cutting. Laser diodes are used in materials processing applications because of their versatility and modular design.
Further, the report states that one challenge in the market is cyclical nature of materials processing market. The materials processing market, which includes general manufacturing, automotive, aerospace, other transportation, heavy industry, electronics, and photovoltaic industries, accounts for a major share of the diode mount market by application. The majority of the prominent vendors earn the maximum revenue from the industrial segment. However, sales for this application are cyclical, and the market experiences sudden and severe downturns and periods of oversupply, resulting in a reduced demand for diode mounts.
Edmund Optics, LASER COMPONENTS, Newport, Laser 2000, QPhotonics, and Thorlabs.