Global Laser Diode Market Size, Trends & Growth Opportunity and By Doping Material (InGaN, GaN, AIGaInP, GaAIAs, GaInAsSb, GaAs, and Others), By Technology (Double Hetero structure Lasers Diodes, Quantum Well Lasers Diodes, Quantum Cascade Lasers Diodes,
Description
Global Laser Diode Market Size, Trends & Growth Opportunity and By Doping Material (InGaN, GaN, AIGaInP, GaAIAs, GaInAsSb, GaAs, and 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, and VECSEL Diodes), By Application (Industrial, Consumer Electronics, Healthcare, Automotive, Defense, and Others), By Region and Forecast till 2027.
Global Laser Diode Market
The Global Laser Diode Market is expected to grow from US$ 11.9 Billion in 2021 to US$ 18.6 Billion by 2027; it is estimated to grow at a CAGR of 7.73% from 2021 to 2027.
A semiconductor device that produces coherent radiation in the visible or infrared (IR) spectrum when current flows through it is referred to as a laser diode, also known as a diode laser. It is comparable to a light-emitting diode in that a laser beam is produced at the junction of the diode. Since the light has only one frequency, it may be narrowly focused with the aid of a straightforward lens system. Laser diodes are very efficient and perfect for portable electronic devices because of their compact size, light weight, and low power requirements. As a result, they are found in many different technologies, including security systems, laser printers, driverless vehicles, and barcode readers.
Drivers: In many different industry sectors, particularly in the manufacturing and automotive sectors, laser diodes are used. The manufacturing of car headlamps in the automotive sector uses laser diodes, which improve driver visibility and boost safety on the road. The shrinking of car lighting is another development that is boosting demand for laser diodes. Sales of laser diodes are anticipated to soar in this industry over the next few years as a result of the rising demand for luxury vehicles, which is being driven by rising income levels and bettering living conditions.
Restraints: The entire laser diode market is significantly constrained by the higher initial investment needed for laser diodes compared to other light emitting diodes. The amount of laser power needed for various systems, processes, and applications ranges from a few hundred to thousands of watts. Although using laser products in the automotive and manufacturing sectors would lower labour costs, installing laser items is quite expensive. Installing large-enabled goods typically costs 30–40% more than doing so the old-fashioned way. The assembly line needs to be completely redesigned in order to adopt the newest technologies in sectors like the automotive. This requires a substantial financial investment.
Impact of Covid-19
Following the COVID-19 outbreak, laser diode producers and suppliers are concentrating on quickly expanding end-use industries like IT & communications and automobiles. Market expansion is anticipated to be fueled by the need for use in a number of industrial applications, including heat treatment, welding, precision metal cutting, and cladding. Manufacturers can take advantage of additional potential in laser items to diversify their sources of income.
Segmentation By Doping Material: Laser Diode Market is classified on the basis of Doping Material into InGaN, GaN, AIGaInP, GaAIAs, GaInAsSb, GaAs, and Others.
Segmentation By Technology: Laser Diode Market is classified on the basis of Technology into Double Hetero structure Lasers Diodes, Quantum Well Lasers Diodes, Quantum Cascade Lasers Diodes, Distributed Feedback Lasers Diodes, SCH Lasers Diodes, VCSEL Diodes, and VECSEL Diodes.
Segmentation By Application: Laser Diode Market is classified on the basis of Application into Industrial, Consumer Electronics, Healthcare, Automotive, Defense, and Others.
Segmentation By Region: Laser Diode Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape: The key players of Laser Diode Market are 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.
Industrial Development
A deal between SLD Laser, a provider of visible laser light sources for automotive, li-fi communication, sensing, mobility, medical, specialty lighting, and consumer applications, and Kyocera, a Japanese electronic manufacturer, was announced in November 2020. After receiving regulatory approval, SLD Laser intends to start doing business as a Kyocera Group Company.
Market Taxonomy
By Doping Material
InGaN
GaN
AIGaInP
GaAIAs
GaInAsSb
GaAs
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 Application
Industrial
Consumer Electronics
Healthcare
Automotive
Defense
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Laser Diode Market?
What will be the growth rate from 2020 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
Global Laser Diode Market
The Global Laser Diode Market is expected to grow from US$ 11.9 Billion in 2021 to US$ 18.6 Billion by 2027; it is estimated to grow at a CAGR of 7.73% from 2021 to 2027.
A semiconductor device that produces coherent radiation in the visible or infrared (IR) spectrum when current flows through it is referred to as a laser diode, also known as a diode laser. It is comparable to a light-emitting diode in that a laser beam is produced at the junction of the diode. Since the light has only one frequency, it may be narrowly focused with the aid of a straightforward lens system. Laser diodes are very efficient and perfect for portable electronic devices because of their compact size, light weight, and low power requirements. As a result, they are found in many different technologies, including security systems, laser printers, driverless vehicles, and barcode readers.
Drivers: In many different industry sectors, particularly in the manufacturing and automotive sectors, laser diodes are used. The manufacturing of car headlamps in the automotive sector uses laser diodes, which improve driver visibility and boost safety on the road. The shrinking of car lighting is another development that is boosting demand for laser diodes. Sales of laser diodes are anticipated to soar in this industry over the next few years as a result of the rising demand for luxury vehicles, which is being driven by rising income levels and bettering living conditions.
Restraints: The entire laser diode market is significantly constrained by the higher initial investment needed for laser diodes compared to other light emitting diodes. The amount of laser power needed for various systems, processes, and applications ranges from a few hundred to thousands of watts. Although using laser products in the automotive and manufacturing sectors would lower labour costs, installing laser items is quite expensive. Installing large-enabled goods typically costs 30–40% more than doing so the old-fashioned way. The assembly line needs to be completely redesigned in order to adopt the newest technologies in sectors like the automotive. This requires a substantial financial investment.
Impact of Covid-19
Following the COVID-19 outbreak, laser diode producers and suppliers are concentrating on quickly expanding end-use industries like IT & communications and automobiles. Market expansion is anticipated to be fueled by the need for use in a number of industrial applications, including heat treatment, welding, precision metal cutting, and cladding. Manufacturers can take advantage of additional potential in laser items to diversify their sources of income.
Segmentation By Doping Material: Laser Diode Market is classified on the basis of Doping Material into InGaN, GaN, AIGaInP, GaAIAs, GaInAsSb, GaAs, and Others.
Segmentation By Technology: Laser Diode Market is classified on the basis of Technology into Double Hetero structure Lasers Diodes, Quantum Well Lasers Diodes, Quantum Cascade Lasers Diodes, Distributed Feedback Lasers Diodes, SCH Lasers Diodes, VCSEL Diodes, and VECSEL Diodes.
Segmentation By Application: Laser Diode Market is classified on the basis of Application into Industrial, Consumer Electronics, Healthcare, Automotive, Defense, and Others.
Segmentation By Region: Laser Diode Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape: The key players of Laser Diode Market are 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.
Industrial Development
A deal between SLD Laser, a provider of visible laser light sources for automotive, li-fi communication, sensing, mobility, medical, specialty lighting, and consumer applications, and Kyocera, a Japanese electronic manufacturer, was announced in November 2020. After receiving regulatory approval, SLD Laser intends to start doing business as a Kyocera Group Company.
Market Taxonomy
By Doping Material
InGaN
GaN
AIGaInP
GaAIAs
GaInAsSb
GaAs
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 Application
Industrial
Consumer Electronics
Healthcare
Automotive
Defense
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Questions Addressed by the Report
What are the Key Opportunities in Laser Diode Market?
What will be the growth rate from 2020 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
Table of Contents
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2. Research Methodology
- 2.11 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Technology
- 3. Executive Summary
- 4. Global Laser Diode Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Challenges
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5. Global Laser Diode Market, By Doping Material
- 5.1 Y-o-Y Growth Comparison, By Doping Material
- 5.2 Global Laser Diode Market Share Analysis, By Doping Material
- 5.3 Global Laser Diode Market Size and Forecast, By Doping Material
- 5.3.1 InGaN
- 5.3.2 GaN
- 5.3.3 AIGaInP
- 5.3.4 GaAIAs
- 5.3.5 GaInAsSb
- 5.3.6 GaAs
- 5.3.7 Others
- 6. Global Laser Diode Market, By Technology
- 6.1 Y-o-Y Growth Comparison, By Technology
- 6.2 Global Laser Diode Market Share Analysis, By Technology
- 6.3 Global Laser Diode Market Size and Forecast, By Technology
- 6.3.1 Double Hetero structure Lasers Diodes
- 6.3.2 Quantum Well Lasers Diodes
- 6.3.3 Quantum Cascade Lasers Diodes
- 6.3.4 Distributed Feedback Lasers Diodes
- 6.3.5 SCH Lasers Diodes
- 6.3.6 VCSEL Diodes
- 6.3.7 VECSEL Diodes
- 7. Global Laser Diode Market, By Application
- 7.1 Y-o-Y Growth Comparison, By Application
- 7.2 Global Laser Diode Market Share Analysis, By Application
- 7.3 Global Laser Diode Market Size and Forecast, By Application
- 7.3.1 Industrial
- 7.3.2 Consumer Electronics
- 7.3.3 Healthcare
- 7.3.4 Automotive
- 7.3.5 Defense
- 7.3.6 Others
- 8. Global Laser Diode Market, By Region
- 8.1 Global Laser Diode Market Share Analysis, By Region
- 8.2 Global Laser Diode Market Size and Forecast, By Region
- 8.2 Global Laser Diode Market Size and Forecast, By Region
- 9. North America Laser Diode Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Laser Diode Market Share Analysis, By Doping Material
- 9.3 North America Laser Diode Market Size and Forecast, By Technology
- 9.4 North America Laser Diode Market Size and Forecast, By Application
- 9.5 North America Laser Diode Market Size and Forecast, By Country
- 9.5.1 US
- 9.5.2 Canada
- 9.5.3 Mexico
- 10. Europe Laser Diode Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Laser Diode Market Share Analysis, By Doping Material
- 10.3 Europe Laser Diode Market Size and Forecast, By Technology
- 10.4 Europe Laser Diode Market Size and Forecast, By Application
- 10.5 Europe Laser Diode Market Size and Forecast, By Country
- 10.5.1 UK
- 10.5.2 Germany
- 10.5.3 France
- 10.5.4 Rest of Europe
- 11. Asia Pacific Laser Diode Market Analysis and Forecast (2022-2027)
- 11.1¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬¬ Introduction
- 11.2 Asia Pacific Laser Diode Market Share Analysis, By Doping Material
- 11.3 Asia Pacific Laser Diode Market Size and Forecast, By Technology
- 11.4 Asia Pacific Laser Diode Market Size and Forecast, By Application
- 11.5 Asia Pacific Laser Diode Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 India
- 11.5.3 Japan
- 11.5.4 South Korea
- 11.2.5 Rest of Asia Pacific
- 12 Latin America Laser Diode Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Laser Diode Market Share Analysis, By Doping Material
- 12.3 Latin America Laser Diode Market Size and Forecast, By Technology
- 12.4 Latin America Laser Diode Market Size and Forecast, By Application
- 12.5 Latin America Laser Diode Market Size and Forecast, Country
- 12.5.1. Brazil
- 12.5.2. Rest of Latin America
- 13 Middle East Laser Diode Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East Laser Diode Market Share Analysis, By Doping Material
- 12.3 Middle East Laser Diode Market Size and Forecast, By Technology
- 13.4 Middle East Laser Diode Market Size and Forecast, By Application
- 13.5 Middle East Laser Diode Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.2. UAE
- 13.5.3. Egypt
- 13.5.4. Kuwait
- 13.5.5. South Africa
- 14. Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15. Company Profiles
- 15.1 ASML Holding NV
- 15.1. Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Trumpf GmbH + Co. KG
- 15.2.1. Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. Axcel Photonics, Inc.
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4. Sumitomo Electric Industries, Ltd.,
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5. Coherent Inc.
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6. IPG Photonics Corp.
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7. Newport Corp.
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
