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Global Laser Diode Driver Market: Spiraling Demand for Laser Eye Surgeries Triggers Uptake, says TMR

05-19-2017 03:40 PM CET | IT, New Media & Software

Press release from: TMR

A research report by Transparency Market Research (TMR), titled “Laser Diode Driver Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025,” offers invaluable insights into the competitive landscape and geographical segmentation of the market. It takes into consideration the historical and current dynamics of the global laser diode drivers market to project the future trends.

The laser diode driver market is affiliated with the laser diode industry and therefore, the dynamics of the latter directly impact the global demand for laser diode drivers. The soaring demand for LASIK or laser eye surgeries, due to the convenience offered by them, is stoking the growth of the global laser diode drivers market. The advantages of laser headlights over LED headlights is resulting in greater number of cars being manufactured with laser headlamps. This factor is also, in turn, augmenting the demand for laser diode drivers. Moreover, the increasing demand for 3D printing, semiconductor photolithography, mask-less lithography, and non-lethal weapons which use lasers is working in favor of the market.

Browse the Report : http://www.transparencymarketresearch.com/laser-diode-driver-market.html

On the flip side, the optical output of lasers degrade over time and it requires greater current input for its proper functioning. This property of lasers adversely affects the global uptake of laser diodes and subsequently, laser diode drivers. However, the advent of green laser devices is opening new avenues for laser diode driver manufacturers.

On the basis of end use, the global laser diode drivers market can be segmented into communication and optical storage, instrumentation and sensor, healthcare, industrial, and military. Based on protocol, the market can be fragmented into fiber channel, Ethernet, and synchronous optical networking (SONET).

The key segments analyzed in terms of geography are Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe will, collectively, command a substantial share in the global arena throughout the review period. These regions are home to a large number of key manufacturers. Besides that, the increasing number of people undergoing LASIK or laser eye surgeries is triggering the sales of laser diode drivers. Asia Pacific, on the other hand, is likely to witness healthy growth during the same period. The emergence of the region as a major manufacturing, telecommunication, and automotive hub is providing a fillip to the market.

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Some of the key players operating in the global laser diode driver market are Analog Devices, Linear Technology, Newport Corporation, Maxim Integrated, Wavelength Electronics, Texas Instruments, Monocrom, Intersil, Microchip, and IC-Haus.

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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