Global Laser Diode Market Growth 2023-2029
Laser diodes are electrically pumped semiconductor lasers in which the gain is generated by an electrical current flowing through a p–n junction or (more frequently) a p–i–n structure. In such a heterostructure, electrons and holes can recombine, releasing the energy portions as photons. This process can be spontaneous, but can also be stimulated by incident photons, in effect leading to optical amplification, and with optical feedback in a laser resonator to laser oscillation.
The laser diode has electrons and positive holes combined to create light from the PN junction when a PN junction is made by combining an N-Type semiconductor & P-Type semiconductor while afterwards, having the currents injected as a forward current.
LPI (LP Information)' newest research report, the “Laser Diode Industry Forecast” looks at past sales and reviews total world Laser Diode sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Diode sales for 2023 through 2029. With Laser Diode sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Diode industry.
This Insight Report provides a comprehensive analysis of the global Laser Diode landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Laser Diode portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Diode market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Diode and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Laser Diode.
The global Laser Diode market size is projected to grow from US$ 844.2 million in 2022 to US$ 1279.5 million in 2029; it is expected to grow at a CAGR of 1279.5 from 2023 to 2029.
Global Laser Diode key players include Sony, Nichia, Sharp, Ushio, Osram, etc. Global top five manufacturers hold a share over 65%.
North America is the largest market, with a share over 25%, followed by Europe and China, have a share over 35 percent.
In terms of product, Blue Laser Diode is the largest segment, with a share about 30%. And in terms of application, the largest application is Industrial Applications, followed by Optical Storage & Display, Telecom & Communication, Medical Application, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Laser Diode market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Blue Laser Diode
Red Laser Diode
Infrared Laser Diode
Other Laser Diode
Segmentation by application
Optical Storage & Display
Telecom & Communication
Industrial Applications
Medical Application
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sony
Nichia
Sharp
Ushio
Osram
TOPTICA Photonics
Egismos Technology
Arima Lasers
Ondax
Panasonic
ROHM
Hamamatsu
Newport Corp
Finisar
Mitsubishi Electric
Huaguang Photoelectric
QSI
Key Questions Addressed in this Report
What is the 10-year outlook for the global Laser Diode market?
What factors are driving Laser Diode market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laser Diode market opportunities vary by end market size?
How does Laser Diode break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook