Semiconductor Lasers Market to Grow at a Remarkable Pace in the Coming Years

A recently released report from Transparency Market Research (TMR) forecasts that the global Semiconductor Lasers Market will grow at a CAGR of 7.10% from 2014 to 2020. TMR, a market intelligence firm, the global semiconductor lasers market which in 2013 stood at US$4.8 bn is anticipated to reach US$7.7 bn by the end of the forecast period. The report, titled ‘Semiconductor Lasers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020’, is available for sale on the company website.

According to this market research report, the global semiconductor lasers market is driven by the rapidly expanding end-use markets and the benefits of semiconductor lasers over different types of light sources. The semiconductor laser technology is gaining a lot of importance in most end-use markets and is expected to increase over the next couple of years as well. Semiconductor lasers amplify light by making use of active semiconductor components. Semiconductor lasers are gradually becoming an integral part of modern systems that are essentially laser based, and they are successfully replacing the conventional types of lasers that are used extensively in a host of applications.

Sample With Latest Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5387

This TMR report segments the global semiconductor lasers market on the basis of type, applications, and geography. On the basis of type of semiconductor lasers, this market is segmented into fiber optic lasers, vertical cavity surface emitting laser (VCSEL), compact disc lasers, high power diode lasers (HPDL), red lasers, violet diode lasers, green lasers, and blue laser diode. Fiber optic lasers are the most extensively used types of semiconductor lasers, mostly in the area of communication technology.

Application-wise, the global semiconductor lasers market is categorized into optical storage, lithography, healthcare, defense and R&D, sensors, display, printing, communication, and industrial. The communications application segment holds the highest share of the global semiconductor lasers market. The segment for printing applications is projected to witness a robust growth in the near future because of its widening applicability in commercial printings and in offices. The demand for semiconductor lasers from areas such as the healthcare industry, industrial machinery, display manufacturing, and sensors manufacturing is expected to surge significantly during the forecast period.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/semiconductor-lasers-market.htm

There are different types of semiconductor lasers include fiber optic lasers, compact disc lasers, high power diode lasers, vertical cavity surface emitting lasers, red lasers, violet lasers, green lasers and blue lasers. Fiber optic lasers are used in communication application and accounted for the largest market share in the global semiconductor laser market. This segment is expected to see a steady growth through the forecast period with growing demand for high broadband services and its growing acceptance in marine and space communication. High power diode lasers are expected to observe the fastest growth through the forecast period 2014 – 2019, with its growing applications for material processing, solid-state laser pumping, fiber laser pumping, solid state laser pumping, space communication, defense and optoelectronics manufacturing. Blue lasers, violet and green lasers are rapidly replacing red lasers in many applications such printing, optical storage devices and defense due to their high efficiency and high brightness.

View Report @ https://www.transparencymarketresearch.com/semiconductor-lasers-market.html

Geographically, the report segments the global semiconductor lasers market into Asia Pacific, North America, Europe, and Rest of the World. With a market share of more than 37%, the global semiconductor lasers market is led by the Asia Pacific semiconductor lasers market. Owing to factors such as surging demand for display and communication devices, computers, and the greater industrial automation and industrialization, it is expected that the Asia Pacific semiconductor lasers market will expand robustly during the forecast period. The report identifies the following prominent players in the global semiconductor lasers market: Trumpf GmbH + Co. KG, Sumitomo Electric Industries Ltd., Sharp Corporation, Rofin-Sinar Technologies Inc., Newport Corp., IPG Photonics Corp., Coherent Inc., Axcel Photonics Inc., and ASML Holding NV.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.