Laser Diode Market – Rising Demand from Diverse Applications Could Help Alleviate Concerns About Cost-Effectiveness
The global laser diode market is dominated by key players such as Coherent Inc., Rofin-Sinar Technologies Inc., and ASML Holding NV. According to Transparency Market Research, these three collectively accounted for more than 50% of the market in 2013. The global laser diode market is fairly consolidated, with the abundant availability of raw materials such as copper and zinc allowing suppliers to dictate the price structure of the market.
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