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
Market Taxonomy
By Doping Material
By Technology
By Application
By Region
Key Questions Addressed by the Report
Global Laser Diode Market TOC
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
5.3 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
7.3.1 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
