The global laser diode market was valued at USD 4.60 billion in 2013, growing at a CAGR of 12.6% from 2014 to 2020. A laser diode is an electrically-pumped system wherein the active medium is formed by the p-n junction of a semiconductor diode, similar to that found in a LED.
Albany, NY -- (SBWIRE) -- 04/27/2016 -- Significant growth in the usage of laser diodes across various end-use markets owing to a number of advantageous features offered by this technology over conventional technologies is a key factor driving the laser diode market globally. In addition, the rapid growth in automotive and electronic manufacturing across the globe particularly in the developing economies of Asia Pacific and Rest of the World region is further propelling the laser diode market. Furthermore, growing applications of laser diodes across end-use verticals such as military and defense, healthcare and medical, fiber optic communication and telecommunication are further bolstering this market, globally.
This market research study analyzes the laser diode market on a global level, and provides estimates in terms of revenue (USD billion) from 2014 to 2020. The study identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it highlights the significant opportunities for market growth in the next few years.
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The report segments the market on the basis of geography into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). In addition, the report segments the market by doping materials into InGaN, GaN, AlGaInP, GaAlAs, GaInAsSb and other types of doping materials. The market has also been segmented on the basis of technology into double hetero structure laser diodes, quantum well laser diodes, quantum cascade laser diodes, distributed feedback laser diodes, separate confinement hetero structure (SCH) laser diodes, VCSEL diodes and VECSEL diodes.
Additionally, the report segments the market based on property (wavelength) into infrared laser diode, red laser diode, blue laser diode, blue violet laser diode, ultraviolet laser diode and green laser diode. The market has also been segmented on the basis of applications into industrial, consumer electronics, medical, automotive, healthcare, defense and other applications. All these segments have been estimated in terms of revenue (USD billion).
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A detailed analysis of the value chain offers a better understanding of the laser diode market. Porter's five forces analysis sheds light on the intensity of competition present in the market. The study also comprises a market attractiveness analysis, where the geographies are benchmarked based on their market scope, growth rate and general attractiveness.
The report provides company market share analysis of the various industry participants. Major players have also been profiled on key points such as company overview, financial overview, product portfolio, business strategies, and recent developments in the laser diode market. Major market participants profiled in this report include Coherent, IPG, SPI, Sharp Corporation, and Sumitomo among others.
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