Press release
Laser Diode Market by Top Manufacturers with Production, Price, Revenue (value) and Market Share to 2025
Laser diode are a vital part of modern technology and are utilized in various application. Laser diode is known as injection laser, is a semiconductor device that produce coherent radiation in visible and infrared spectrum. Laser technology offers better efficiency and easy assistance. Before the laser technology was introduced other printing method was used such as acid etching chemical and ink. These technologies are no longer used due to their harmful effects. To overcome these problem new laser diodes are used. Laser diode differ from conventional laser such as gas types, size and weight, wide-angle beam and etc. The main benefits of laser diodes are that is operates in low power as compared to others, high efficiency, it gives high power output, less expensive and compact. Laser diodes are used in compact disc (CD) players, remote-control devices, intrusion detection systems, laser printers, and optical fiber systems.The major factor which drives the market for laser diodes is growing fiber laser. Fiber laser are now used in industries around the world. Fiber laser are now most adaptable and versatile equipment in the market as they are used in welding metals to finalizing the diamonds, helping with medical care and are also use to create phones. In addition to this there are other several factor that drives the market such as growing awareness of laser in various end use market, cost-effective, high efficiency, rapid growth in automotive industries and electronic manufactures across the world. However, the factor that hinders the growth of market are lack of research and development funding for the military, critical heating problem and requires high drive current to drive the large laser pellets. Application of greenhouse laser diode device can add several opportunity in the market for laser diode market
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Laser Diode Market is segmented on the basis of doping material such as AlGaInP, GaN, GaAlAs, InGaN and others (GaInAsSb and GaAs) and by wavelength such as blue laser diode, blue-violet laser diode , infrared laser diode , red laser diode and others (ultraviolet (uv) laser diode and green laser diode). Similarly the market is further segmented as Application such as automotive, consumer electronics, healthcare, military & defense and others (instrumentation & sensors, industrial, etc.).
The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, Japan, China, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominate laser diode are ASML Holding NV, Axcel Photonics, Inc., Coherent Inc., IPG Photonics Corporation., Newport Corporation, Rofin-Sinar Technologies Inc., Sharp Corporation, Sumitomo Electric Industries, Ltd., Trumpf GmbH + Co. KG and Panasonic Semiconductor Solutions Co., Ltd.
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