According to the new research report published by The Insight Partners, titled “Laser Diode Market - Global Analysis and Forecast to 2025”, the global laser diode market is expected to reach US$ 17.7 billion in 2025, registering a CAGR of 11.2% during the forecast period 2015-2025.
The key driving factors for the global laser diode market includes advantages of laser diode over other technologies, growth in electronics and healthcare industries, government policies mandating the use of laser technology in the engraving and marking of products, and others. The laser diode market is fragmented with a large number of existing players dominating their respective regions globally. Market participants are seeking to gain increased market share through product differentiation. In addition, the key players in this market are constantly trying to reduce equipment cost in terms of manufacturing in order to escalate their profit margins and to integrate across the value chain to gain further profits. Recently, companies have been switching from gas lasers to ultrafast lasers since the consumers are seeking compact and sealed systems that are automated and computer-controlled. Thus, compact gas lasers such as air-cooled ion laser are expected to be phased out altogether in the near future. Thus, these sealed system lasers offer a reliable source of energy and are expected to replace the traditional laser systems.
The key companies profiled in this report include ASML Holding N.V., Axcel Photonics, Inc., Coherent, Inc., IPG Photonics Corporation, Newport Corporation, Panasonic Semiconductor Solutions Co., Ltd., Rofin-Sinar Technologies Inc., Sharp Corporation, Sumitomo Electric Industries, Ltd., and Trumpf GmbH + Co. KG.
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Key Benefits:
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Laser Diode Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Laser Diode Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Laser Diode Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Laser Diode Market revenue by understanding the strategic growth approaches.
Laser diode market is segmented based on application, i.e. automotive, consumer electronics, healthcare, military & defense, and other applications. Automotive segment holds the prominent market share during the forecast period. Laser diode-based headlamps require lesser power and have greater efficiency than LED headlamps. Laser diodes produce a more targeted light point, which increases visual safety while driving and they also limit the offensive glare that is experienced during the use of halogen-based lights. Laser diodes offer high beam lighting which has a greater reach and brings design flexibility due to its compact size. The automotive laser diode segment is analyzed to expand at a steady rate during the forecast period, especially in Europe and APAC region.
The report is an in-depth analysis of the Laser Diode Industry. It allows the market players, investors, and interested individuals to understand the market trends and growth opportunities in the space and devise strategies for business growth. It underlines the drivers, restraints, and opportunities affecting the industry and discusses the market size and share, segmentation, and technology trends that prevail. Information about the key players operating in the market are also discussed.
Report Highlights:
– The report provides a detailed analysis on current and future market trends to identify the investment opportunities
– Market forecasts till 2027, using estimated market values as the base numbers
– Key market trends across the business segments, Regions and Countries
– Key developments and strategies observed in the market
– Market Dynamics such as Drivers, Restraints, Opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2027
– Market opportunities and recommendations for new investments
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