According to a new market report by Lucintel, the future of the diode mount market looks promising with opportunities in the industrial, communication, defense, and healthcare industries. The global diode mount market is expected to grow with a CAGR of 5% from 2020 to 2025. The major growth driver for this market is the rising demand for laser diodes in industrial applications, which is identified as one of the primary growth factors for this market.
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In this market, up to 6 pin, 7-13 pin, 14 pin and above are the major pin types used. Within the diode mount market, industrial, communication, defense, and medical are the major applications.
APAC is expected to remain the largest market during the forecast period. The growth in the industries in APAC countries, including China, Japan, South Korea, and India, will drive the growth of the diode mount market in this region. APAC is the largest market for semiconductors that are used in industrial applications. Moreover, inexpensive labor, low manufacturing costs, and the growth of the industrial sectors that lead to the demand for material processing and lithography, which will also drive the demand for diode mounts in APAC.
Coherent, Inc., Edmund Optics Inc., IPG Photonics Corporation, Jenoptik AG, Laser 2000, LASER COMPONENTS, Newport Corporation, QPhotonics, LLC, RPMC LASERS, Thorlabs, Inc. are among the major manufacturers of the diode mount market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the diode mount market by pin type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Diode Mount Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global diode mount market by pin type, application, and region as follows:
By Pin Type [$M shipment analysis for 2014 – 2025]:
Up to 6 Pin
7-13 Pin
14 Pin and Above
By Application [$M shipment analysis for 2014 – 2025]:
Industrial
Communication
Defense
Medical
Others
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.