Asia Pacific Laser Diode Market Size, Share & Industry Trends Analysis Report By Wavelength (Infrared, Red, Blue & Green, Blue Violet and Ultraviolet), By Technology, By End Use, By Doping Material, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Laser Diode Market would witness market growth of 13.5% CAGR during the forecast period (2022-2028).
Depending upon whether the laser beam is emitted perpendicularly or parallel to the material, the laser diodes are either surface-emitting or edge emitting. The expansion of the laser diode application is also driven by regulatory compliances requiring the usage of laser technology. In the industrial sector, the laser is primarily utilized for marking and engraving purposes. Brand names, prices, serial numbers, manufacturing dates, product codes, as well as other information, are marked on a variety of goods and materials using marking.
Inkjet printing, punching, ink stamping, and laser marking are common marking methods. Compared to other traditional marking processes, laser marking systems provide many benefits, such as an environmentally friendly procedure and high-quality marks. Additionally, laser marking doesn't require a solvent to mark, which reduces the finishing step in manufacturing and makes recycling simpler. Due to this, laser marking is preferred to traditional marking methods.
The expansion and output of the Japanese automotive industries, in particular, significantly increased as a result of the developments in industrialization. According to data from the International Organization of Motor Vehicle Manufacturers, China, Japan, and South Korea were among the top countries in the world that produced the most vehicles. Growing international trade has made it possible for commercial distribution networks to develop globally, which has increased competition among automakers.
The China market dominated the Asia Pacific Laser Diode Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,329 million by 2028.The Japan market is estimated to grow a CAGR of 12.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 14.2% during (2022 - 2028).
Based on Wavelength, the market is segmented into Infrared, Red, Blue & Green, Blue Violet and Ultraviolet. Based on Technology, the market is segmented into Distributed Feedback, Separate Confinement Heterostructure, Double Hetero Structure, Quantum Well & Cascade and VCSEL & VECSEL. Based on End Use, the market is segmented into Consumer Electronics, Telecommunication, Industrial & Automotive, Medical & Healthcare and Others. Based on Doping Material, the market is segmented into Gallium Arsenide (GaAs), Gallium Aluminum Arsenide (GaAIAs), Gallium Nitride (GaN) & Indium Gallium Nitride (InGaN), Gallium Indium Arsenic Antimony (GaInAsSb), Aluminum Gallium Indium Phosphide (AIGaInP) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include II-VI Incorporated, IPG Photonics Corporation, Jenoptik AG, Lumentum Holding, Inc., MKS Instruments, Inc., ams-OSRAM AG, Rohm Semiconductors Co., Ltd., Sharp Corporation, Ushio, Inc., and Hamamatsu Photonics K.K.
Scope of the Study
Market Segments Covered in the Report:
- Blue & Green
- Blue Violet
- Distributed Feedback
- Separate Confinement Heterostructure
- Double Hetero Structure
- Quantum Well & Cascade
- VCSEL & VECSEL
By End Use
- Consumer Electronics
- Industrial & Automotive
- Medical & Healthcare
By Doping Material
- Gallium Arsenide (GaAs)
- Gallium Aluminum Arsenide (GaAIAs)
- Gallium Nitride (GaN) & Indium Gallium Nitride (InGaN)
- Gallium Indium Arsenic Antimony (GaInAsSb)
- Aluminum Gallium Indium Phosphide (AIGaInP)
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- II-VI Incorporated
- IPG Photonics Corporation
- Jenoptik AG
- Lumentum Holding, Inc.
- MKS Instruments, Inc.
- ams-OSRAM AG
- Rohm Semiconductors Co., Ltd.
- Sharp Corporation
- Ushio, Inc.
- Hamamatsu Photonics K.K.
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