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Global Laser Diode Market 2017-2021

Global Laser Diode Market 2017-2021

About Laser Diode

Laser diode also called as diode lasers is a part of the semiconductor laser. The laser diode is an electrically pumped system in which the active medium is formed by the p-n junction. The light is emitted by a laser diode, due to the presence of electrons at both the ends, including positive and in negative substance. The positive substance is charged due to which the electrons in positive substance jump to fill the holes in the negative substance. The electrons lose energy in the form of photons when they jump, which are known as quanta.

Technavio’s analysts forecast the global laser diode market to grow at a CAGR of 2.58% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global laser diode market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Laser Diode Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Coherent
  • IPG Photonics
  • OSRAM Opto Semiconductors
  • TRUMPF
Other prominent vendors
  • Hamamatsu Photonics
  • Jenoptik
  • NICHIA
  • ROHM Semiconductor
  • Sharp
Market driver
  • Growing use of gas sensing and chemical detection devices
  • For a full, detailed list, view our report
Market challenge
  • Intense competition from other lasers
  • For a full, detailed list, view our report
Market trend
  • Growth of IR countermeasure devices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Laser Diode Market 2017-2021

Technavio recognizes the following companies as the key players in the global laser diode market: Coherent, IPG Photonics, OSRAM Opto Semiconductors, and TRUMPF.

Other Prominent Vendors in the market are: Hamamatsu Photonics, Jenoptik, NICHIA, ROHM Semiconductor, and Sharp.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growth of IR countermeasure devices. An IRCM device is used as a countermeasure to confuse an opponent's IR guidance system. The confused guidance system will miss the target if subjected to an IR countermeasure. IRCM is being increasingly adopted in military and defense systems by various aerospace and defense companies. For instance, in a heat seeking missile being launched to hit a fighter aircraft, the jet engine of the fighter aircraft (target), which emits a large amount of IR, will be detected and tracked by the missile. By using an IRCM device, the guidance system of the missile will be confused, and the missile ends up missing the target. Flares are automatically released by fighter jets, which are detected by the missile as the new target. Increasing investments by major aerospace and defense systems will have a positive impact on the growth of IRCMs.”

According to the report, one of the major drivers for this market is Growing use of gas sensing and chemical detection devices. QCL diode is a type of laser diode, which is seeing a growing adoption for chemical and gas sensing due to high precision. QCLs are being increasingly used for gas sensing because they can detect even trace amounts of gases. The main reason for the use of QCLs for these applications is that it has a wide tuning range and a fast response time. This allows for the development of faster and more precise compact trace element detectors and gas analyzers. Similarly, in chemical detection, QCLs can easily detect trace amounts of chemicals.

Further, the report states that one of the major factors hindering the growth of this market is Intense competition from other lasers. Laser diodes face a tough competition with other types of lasers such as gas, solid state, excimer, and dye lasers. Gas lasers such as CO2 in the material processing for industrial applications are a major threat. CO2 lasers perform better than laser diodes for cutting materials of thickness 5 mm or more. These lasers have better cutting speed and faster piercing time than laser diodes at this thickness. They also provide better finish and smoothness as compared with laser diodes.

Companies Mentioned

Coherent, IPG Photonics, OSRAM Opto Semiconductors, and TRUMPF, Hamamatsu Photonics, Jenoptik, NICHIA, ROHM Semiconductor, and Sharp.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of lasers
      • Table Use of laser diodes in application segments
  • Market landscape
    • Market overview
      • Table Market overview of global laser diode market
    • Market size and forecast
      • Table Global laser diode market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global laser diode market by application 2016-2021 (% share of revenue)
      • Table Global laser diode market by application 2016-2021 ($ millions)
    • Industrial
      • Table Global laser diode market by industrial application 2016-2021 ($ millions)
      • Table Wavelength comparison between laser types
    • Military and defense
      • Table Global laser diode market by military and defense application 2016-2021 ($millions)
    • Medical
      • Table Global laser diode market by medical application 2016-2021 ($ millions)
    • Communications
      • Table Global laser diode market by communications 2016-2021 ($ millions)
    • Others
      • Table Global laser diode market by others 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global laser diode market by geography 2016-2021 (% share of revenue)
      • Table Global laser diode market by geography 2016-2021 ($ millions)
    • Americas
      • Table Laser diode market in Americas 2016-2021 ($ millions)
    • EMEA
      • Table Laser diode market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table Laser diode market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Comparison of laser types for material processing
    • Market challenges
  • Market trends
    • Growth of IR countermeasure devices
    • Miniaturization of electronics
    • Emergence of additive manufacturing
    • Increase in M&A
    • Replacement of quantum wells by quantum dots
    • Growth of remote sensing technology
  • Vendor landscape
    • Competitive scenario
      • Table Competitive structure of laser diode market
    • Other prominent vendors
  • Key vendor analysis
    • Coherent
      • Table Coherent's product portfolio in laser diode
    • IPG Photonics
      • Table IPG Photonics 2016 sales by end-use (%)
      • Table Diode lasers by IPG Photonics
    • OSRAM Opto Semiconductors
      • Table Laser diodes by OSRAM Opto Semiconductors
    • TRUMPF
  • Appendix
    • List of abbreviations
  • Explore Technavio

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