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Global Semiconductor Laser Market 2016-2020

About Semiconductor Lasers

Semiconductor lasers use semiconductor gain medium, where optical gain is achieved by injecting current at an interband transition with high carrier density in the conduction band. They are compact in size and have low maintenance cost. The material often used in the semiconductor laser is gallium arsenide, and thus it is also known as a gallium arsenide laser. Semiconductor lasers are also used in new manufacturing processes such as micromachining. Lasers reduce the costs of end products by improving throughput and yield. The industrial segment spans a range of laser applications such as welding, cladding, metal cutting, and heat treating in segments ranging from automotive, gas, and appliance manufacturing to high-precision microelectronics fabrication and micro structuring in machine tool production.

Technavio’s analysts forecast the global semiconductor laser market to grow at a CAGR of 7.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global semiconductor laser market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of lasers to the application segments such as material processing, communications, defense, healthcare, instrumentation and sensors, and others, which include displays and optical storage.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Semiconductor Laser Market 2016-2020, 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
  • Novanta
  • Han’s Laser
  • Rofin-Sinar
  • TRUMPF
Other prominent vendors
  • Fanuc
  • GBOS Laser Technology
  • Lumenis
  • Laser Photonics
  • Quanta System
  • Active Fiber Systems
  • Advalue Photonics
  • Calmar Lase
  • Furukawa Electric
  • Hypertherm
  • Lumentum Operations
  • Nufern
Market driver
  • Multifarious advantages of laser products
  • For a full, detailed list, view our report
Market challenge
  • Shortage in supply of rare-earth elements
  • For a full, detailed list, view our report
Market trend
  • Increase in number of mergers and acquisitions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Semiconductor Laser Market 2016-2020

Technavio recognizes the following companies as the key players in the global semiconductor laser market: Coherent, Novanta Group, Han’s Laser, Rofin-Sinar Technologies, and TRUMPF.

Other Prominent Vendors in the market are: Fanuc, GBOS Laser Technology, Lumenis, Laser Photonics, Quanta System, Active Fiber Systems, Advalue Photonics, Calmar Lase, Furukawa Electric, Hypertherm, Lumentum Operations, and Nufern.

Commenting on the report, an analyst from Technavio’s team said: “Increase in number of mergers and acquisitions will be a key trend for market growth. The global CO2 laser market has been consolidating, and this is expected to continue during the forecast period. Existing vendors are acquiring new firms to either enter the market or broaden their product portfolios. In 2012, Coherent entered an acquisition agreement with Innolight and Lumera Laser to strengthen its market presence. Thus, the increase in the number of M&A will drive the market's growth during the forecast period.”

According to the report, the growing acceptance of fiber lasers will be a key driver for market growth. Material processing involves chemical or mechanical steps for the manufacture of products in industries such as general manufacturing, automotive, heavy industry, electronics, and aerospace. Material processing applications include metal welding, plastic welding, brazing (mostly in automotive engineering), cutting of metals, and welding or cladding for the automobile, machine tooling, and medical sectors. The rigid machine architecture of other laser products sometimes creates an issue of field serviceability, leading to an increase in the cost of ownership. Fiber lasers have a modular design that enables simple field replacement of components in the case of machine failure. They are preferred over other lasers for materials below 5 mm in thickness as they provide better quality cut finishing at low cost.

Further, the report states that shortage in supply of rare-earth elements will be a challenge for the market. Fiber lasers contain dopants like ytterbium and erbium that are used to emit radiation from the pump light. These dopants are categorized as rare earth elements and are widely used in technological sectors such as lasers and energy, and industrial applications such as aerospace. These sectors have been facing a shortage in the supply of these elements in recent years. Some essential laser active dopants are neodymium, yttrium, ytterbium, and thulium.



Companies Mentioned

Coherent, Novanta Group, Han’s Laser, Rofin-Sinar Technologies, TRUMPF, Fanuc, GBOS Laser Technology, Lumenis, Laser Photonics, Quanta System, Active Fiber Systems, Advalue Photonics, Calmar Lase, Furukawa Electric, Hypertherm, Lumentum Operations, Nufern.

  • Executive summary
    • Highlights
    • Market snapshot
      • Table Global semiconductor laser market snapshot 2016-2020
  • Scope of the report
    • Market coverage
    • Base year
    • Vendor segmentation
    • Market segmentation
      • Table Global semiconductor laser market segmentation 2016
    • Geographical segmentation
      • Table Key regions
    • Common currency conversion rates
      • Table Standard currency conversion rates
    • Vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Two types of duration of laser emission
    • Technology overview
      • Table Types of lasers
      • Table List of laser applications
      • Table Typical solid-state laser
      • Table Functioning of gas laser
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global semiconductor laser market forecast 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global semiconductor laser market by application
      • Table Global semiconductor laser market by application 2015
      • Table Global semiconductor lasers market by application 2020
      • Table Global semiconductor lasers market by application 2015-2020
      • Table CAGR comparison of application segments 2015-2020
    • Material processing
      • Table Global semiconductor laser market by material processing 2015-2020 ($ billions)
    • Communications
      • Table Global semiconductor laser market by communications 2015-2020 ($ billions)
    • Defense
      • Table Global semiconductor laser market by defense 2015-2020 ($ billions)
    • Healthcare
      • Table Global semiconductor laser market by healthcare 2015-2020 ($ billions)
    • Instrumentation and sensors
      • Table Global semiconductor laser market by instrumentation and sensors 2015-2020 ($ millions)
  • Market segmentation by laser type
    • Others
      • Table Global semiconductor laser market by others 2015-2020 ($ billions)
    • Global semiconductor laser market by laser type
      • Table Global semiconductor laser market by laser type 2015
      • Table Global semiconductor laser market by laser type 2020
    • Global semiconductor laser market by laser type 2015-2020
      • Table Global semiconductor laser market by laser type 2015-2020
      • Table CAGR comparison of laser type segments 2015-2020
    • Diode
      • Table Global diode laser market forecast 2015-2020 ($ billions)
    • Non-diode
      • Table Global laser non-diode market 2015-2020 ($ billions)
  • Geographical segmentation
    • Global semiconductor laser market by geography
      • Table Global semiconductor laser market by geography 2015
      • Table Global semiconductor laser market by geography 2020
    • Global semiconductor laser market by geography 2015-2020
      • Table Global semiconductor laser market by geography 2015-2020
      • Table CAGR comparison of geographical segments 2015-2020
    • APAC
      • Table Semiconductor laser market in APAC 2015-2020 ($ billions)
      • Table Global car production forecast (in millions)
      • Table Global car production by country 2015 (in %)
    • EMEA
      • Table Semiconductor laser market in EMEA 2015-2020 ($ billions)
    • Americas
      • Table Semiconductor lasers market in Americas 2015-2020 ($ billions)
  • Market drivers
    • Table Factors contributing to growing popularity of laser products
    • Table Share of laser-based aesthetic treatment procedures in global aesthetic treatment procedures in major countries 2014
    • Table Laser medical applications
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Top six rare earth element-producing countries (kilotons)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table List of acquired companies by key vendors
  • Vendor landscape
    • Competitive scenario
      • Table Coherent: Key highlights
      • Table Rofin-Sinar Technologies: Key highlights
      • Table TRUMPF: Key highlights
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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