A laser diode or an injection diode is a semiconductor device that generates coherent radiation in the infrared and visible part of spectrum when the current passes through it. Laser diodes are largely used in laser printers, CD players, optical fiber systems, intrusion detection systems, remote controlled devices and other applications. Usage of laser diodes in biomedical imaging is the latest trend in the market. Lasers are being increasingly deployed for high resolution opt acoustic imaging modalities that includes photo acoustic imaging (PAI), Optical coherence tomography (OCT) and Surface Enhanced Raman Scattering (SERS). The global laser diode market is anticipated to rise with a CAGR of about 13.1% during the forecast period of 2016-2023. The major factors that drive the global laser diode market include:
- Rising usage of laser based devices in data storage
- Increasing adoption of fiber laser and VCSEL
- Increasing investment in research and development
- Increasing usage of laser diode in telecommunication and consumer electronics
Increasing support of key players in new technological innovations helps in enhancing the global laser diode market. Rising awareness among end user industries regarding lasers and its benefits can be termed as the key factor which drives the growth of global laser diode market. Laser diodes is used in many fields of electronics from CD, DVD and other methods of data storing to telecommunications links, giving a very suitable means to the development of coherent light. The global laser diode market is anticipated to grow at a high rate in future due to the rising automotive industry all over the world. Wide usage of applications in global laser diode market is another factor which contributes to the growth of global laser diode market. Increasing technological advancements and rising demand for green laser devices for projection of applications act as major opportunity for this market and it also helps in propelling the growth of global laser diodes market. The other major factor which helps in enhancing this market is the high amount of investments done in research and development for maintaining and developing advanced technologies by the key players of global laser diode market. However, the major factor restraining the market is shortage of R&D funds in military sector. Along with this, the major challenge faced by global laser diode market is huge initial investment. A new generation of high power, direct diode based laser tools that are cheaper, significantly more energy efficient, easier to maintain, longer lasting, and more compact than the present generation of laser systems hold the future. But for direct diode lasers to dominate or even find a significant niche in materials processing market, they will have to substantially be less expensive than diode pumped solid state and co2 lasers.
Source: OBRC Analysis
The global laser diode market is segmented into type, mode of operation, wavelength, and application. Based on type, the market is sub segmented into:
- Laser diode injection
- Optically pumped semiconductor lasers
Based on mode of operation, the market is sub segmented into:
- Continuous wave mode
- Pulsed mode
Based on wavelength, the market is sub segmented into:
- Near infrared
- Red laser
- Blue laser
- Green laser
- Other wavelength
Based on application, the market is sub segmented into:
- Communications & optical storage
- Industrial
- Medical
- Military and defense
- Instrumentation & sensor
- Other applications
The revenue for the above application segments are specific to global laser diode market. However, the total revenue of these applications in general have been excluded from the scope of the report. Also, the total market revenue has been calculated by summing up type, wavelength and mode of operation segments.
Geographically, the global laser diode market is segmented into:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
North America dominates the global laser diode market. Some of the major North American companies such as; Olcaro, Finisar, FISO, and OnePhotonics which work in laser diode technology are contributing to the growth of the North American laser diode market. Other than these major players, the presence of small telecom laser companies with wide variety of applications, credible quality products and economic recovery are also enhancing the laser diode market in North America. There is a significant increase in the use of laser cutting machines and various other industrial laser applications, which increases the demand for these machines across various verticals like consumer electronics, automotive, and defense & aerospace in North America. Asia holds the largest market share in global laser diodes market and is expected to witness a significant growth in the forecast period, due to flourishing automotive and manufacturing sector in various countries like China, India, and Japan etc. The other major factor which helps in enhancing the Asian laser diode market is the contribution of major key players like Nichia Corporation and others.
The global laser diode market is segmented on the basis of type, mode of operation, wavelength, and application. On the basis of type, the market is sub segmented into injection laser diode (ILD) and optically pumped semiconductor laser (OPSL). On the basis of modes of operation, the market is sub segmented into continuous wave mode, pulsed mode etc. On the basis of wavelength, the market is sub segmented into near infrared, red laser, blue laser, green laser and others. On the basis of applications, the market is sub segmented into communications & optical storage, industrial, medical, military and defense, instrumentation & sensor and others etc. The major reason behind the success of industrial segment is high usage of laser diodes in welding and soldering of automotive industry, surface hardening, micromachining etc. which contributes to the growth of this market.
The major market players of the global laser diode market are:
- AVAGO TECHNOLOGIES
- COHERENT, INC.
- FINISAR
- HAMAMATSU PHOTONICS K.K.
- IPG PHOTONICS CORP.
- JDS UNIPHASE CORP.
- JENOPTIK AG
- NEWPORT CORP.
- NICHIA CORPORATION
- OSRAM LICHT GROUP
- PANASONIC SEMICONDUCTOR SOLUTIONS CO., LTD
- ROFIN-SINAR TECHNOLOGIES, INC.
- OTHERS
Detailed analysis of these companies provided in this report comprises of overview, SCOT analysis, product portfolio, strategic initiative and strategic analysis.
These companies use various strategies such as mergers & acquisitions, collaboration, partnership and product launching. Example: On 27th May 2015, Avago Technologies Ltd. which makes semiconductors for defense, cellular and automotive industries, acquired wireless chipmaker Broadcom Corporation for around $37 billion, and is known as the “biggest technological acquisition ever”. Similarly, in April 2016, MKS Instruments acquired Newport Corporation, to enhance MKS instruments’ position as a premier supplier of critical components.
Why to buy the report:
This report will:
- Provide you the business strategies adopted by market player such as acquisition, as on 27th May 2015, Avago Technologies Ltd. acquired wireless chipmaker Broadcom Corporation.
- Provide in detail the different segments such as type, mode of operation, wavelength, and application which affect the global laser diode market.
- Provide you the patent analysis of global laser diode market.
- Identify and understand the strength, opportunities, challenges and threat of global laser diode market.
- Provide revenues of major players of the market such as Avago Technologies, Coherent, Inc.
- Provide you the various regulatory policies which affect the global laser diode market.
How we are different from others:
At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global laser diode market offers the longest chain of market segmentation covering major market segmentation based on application and type. The report tracks the major market trends in the global laser diode market such as growing demand for optical communication network connection, increasing demand for precise operation in medical-based applications and so on. For each market segment covered in global laser diode market report, we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the laser diode industry, with giving extensive strategy analysis of more than 15 companies. Moreover, the report discusses various models such as 360-degree analysis, See Saw analysis, and Porter five force model and so on. For high level analysis in the report we provide a comparative analysis of historic and current year data.
Key findings of the global laser diode market.
- North America dominates the global laser diode market.
- Acquisition is the key strategy adopted by the various market players of global laser diode market.
- Communication is the major segment of application.
