Global Laser Module Market Growth 2023-2029

Global Laser Module Market Growth 2023-2029

Laser modules are packaged devices which contain a laser diode alongside other components, such as power control. They often have an aluminium or brass body and cables to connect to power.
LPI (LP Information)' newest research report, the “Laser Module Industry Forecast” looks at past sales and reviews total world Laser Module sales in 2022, providing a comprehensive analysis by region and market sector of projected Laser Module sales for 2023 through 2029. With Laser Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Laser Module industry.
This Insight Report provides a comprehensive analysis of the global Laser Module 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 Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Laser Module market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Laser Module and breaks down the forecast by laser module, 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 Module.
The global Laser Module market size is projected to grow from US$ 747.5 million in 2022 to US$ 1265.5 million in 2029; it is expected to grow at a CAGR of 1265.5 from 2023 to 2029.
Global core laser module players include Sumitomo Electric, Coherent and Laser Components etc. The top 5 companies hold a share about 25%. Asia Pacific is the largest market, with a share about 43%, followed by Europe and North America with the share about 26% and 24%.
In terms of product, blue laser module is the largest segment, with a share about 32%, followed by red laser module with a share about 31%. And in terms of application, the largest application is industrial, with a share about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Laser Module market by product laser module, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by laser module
Blue
Red
Green
Infrared
Segmentation by application
Industrial
Medical
Military and Defense
Scientific Research
Others
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.
Sumitomo Electric
Coherent
Laser Components
Newport Corporation
Z-LASER
Lecc Technology
Lumics
Jenoptik
Quarton
Laserex
Thorlabs
ProPhotonix
Kvant Lasers
Roithner Lasertechnik
Egismos
Key Questions Addressed in this Report
What is the 10-year outlook for the global Laser Module market?
What factors are driving Laser Module market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Laser Module market opportunities vary by end market size?
How does Laser Module break out laser module, 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.