Global Semiconductor Laser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Semiconductor Laser Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Semiconductor Laser market finds that the global Semiconductor Laser market reached a value of USD 6372.49 million in 2022. It’s expected that the market will achieve USD 83770.3 million by 2028, exhibiting a CAGR of 53.63% during the forecast period.

Influence of COVID-19 Outbreak on Semiconductor Laser Industry Development

The prevention and control measures of COVID-19 will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, especially labor-intensive industries, affected by the supply of raw materials and labor shortages. Recent policies have stated many times to promote the coordinated resumption of work and production in all links of the industrial chain, especially to ensure that leading companies and key links that have an important influence in the global supply chain resume production and supply to ensure the rapid recovery of the Semiconductor Laser industry.
The epidemic will promote enterprise automation and flexible production, hiring more high-tech talents and high-skilled, multi-skilled compound workers to reduce manufacturing dependence on labor and better respond to labor fluctuations. At the same time, more and more attention will be paid to the standardization of parts, the intelligentization of logistics, and the strengthening of the anti-risk ability of the supply chain, which will promote the development of the industry to a certain extent.
Japan and South Korea are the world's most important semiconductor materials and important equipment suppliers, occupying half of the world's semiconductor materials and equipment supply. Currently, among the 19 key materials in the entire semiconductor field, 14 of them account for more than 50% of the global production capacity. Due to the suspension of production and production due to the impact of the epidemic in Japan and South Korea, the global semiconductor industry will be greatly disturbed. Once the epidemic continues to worsen, the world's major manufacturing plants will face serious problems of shortage of raw materials.

Strength

Complete industry chain in the industry.
Professional division of labor in the industry chain is getting more and more detailed.
Fast update, new types of lasers keep emerging.
There is strong demand for semiconductor laser products in many fields.

Weakness

High barriers to entry, low number of new entrants.
Alternatives appear, fiber laser technology is mature.
Rising global labor costs
Opportunity
Downstream applications continue to expand.
Many areas have policy support and subsidies.
A large number of developing countries enter the market.
Threat
Increased trade barriers between countries.
Fierce competition among companies.
The uncertainty of international economic development.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Sony is one of the major players operating in the Semiconductor Laser market, holding a share of 17.50% in 2020.

Sony Corporation manufactures audio, home video game consoles, communications, key device, and information technology products for the consumer and professional markets. The Company's other businesses include music, pictures, computer entertainment, and online businesses.

Sharp Corporation manufactures consumer and industrial electronics. The Company's products include audio-visual and communication equipment such as LCD TVs and mobile phones, home appliances, and electronic components including solar cells and integrated circuits.

Segmentation Overview:

Among different product types, Blue Laser segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Optical Storage & Display segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Semiconductor Laser market covered in Chapter 3:

Egismos Technology
Mitsubishi Electric
TOPTICA Photonics Coherent，Inc.
Hamamatsu
Panasonic
Nichia
Osram
Sony
Ushio
ROHM
QSI
Arima Lasers
Finisar
Sharp

In Chapter 4 and Chapter 14.2, on the basis of types, the Semiconductor Laser market from 2018 to 2029 is primarily split into:

Blue Laser
Red Laser
Infrared Laser
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Semiconductor Laser market from 2018 to 2029 covers:

Optical Storage & Display
Telecom & Communication
Industrial Applications
Medical Application
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)