According to a new market report by Lucintel, the future of the semiconductor laser market looks promising with opportunities in the optical storage devices lithography, healthcare, defense, sensors, display, printing, communication, and industrial applications. The global semiconductor laser market is expected to grow with a CAGR of 6% from 2020 to 2025. The major growth drivers for this market are increase in the requirement of semiconductor laser in the healthcare sector and growth of the fiber optic and high power diode.
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In this market, FOL, VCSEL, CDL, HPDL, red lasers, violet lasers, green lasers, and blue lasers are the major types.
Within this market, communication is expected to witness the highest growth over the forecast period due to higher efficiency and operational activity of specific diode types, such as that of optical fiber.
APAC is expected to remain the largest market during the forecast period due to high industrialization and manufacturing in the region.
ASML Holdings N.V., Coherent Inc., Newport Corporation, Sharp Corporation, Sumitomo Electric Industries, Ltd., Trumpf GmbH + Co. KG, Axcel Photonics Inc., IPG Photonics Corporation, Han’s Laser Technology Industry Group Co. Ltd., and Rofin-Sinar Technologies Inc are among the major manufacturers of the semiconductor laser market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global semiconductor laser market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Semiconductor Laser 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 semiconductor laser market by product type, application, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
FOL
VCSEL
CDL
HPDL
Red Lasers
Violet Lasers
Green Lasers
Blue Lasers
By Application [$M shipment analysis for 2014 – 2025]:
Optical Storage Devices Lithography
Healthcare
Defense
Sensors
Display
Printing
Communication
Industrial
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
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.