The Worldwide Laser Diode Market is Projected to reach USD 12.4 Billion by 2028, at a CAGR of 13.2%

Published Date: 30-Sep-2022

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Laser Diode Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Laser Diode Market size is expected to reach $12.4 billion by 2028, rising at a market growth of 13.2% CAGR during the forecast period.

The Red segment is showcasing a CAGR of 12.6% during (2022 - 2028). Red laser diodes have a wide range of uses, including laser pointers enabling optical data retrieval or recording, laser projection screens, interferometers, the military, business, pumping some solid-state lasers, and medical treatments. Red laser diodes are being developed for use in medicine by numerous businesses.

The Distributed Feedback segment acquired maximum revenue share in the Global Laser Diode Market by Technology 2021 thereby, achieving a market value of $4.3 billion by 2028. This laser diode is utilized in a variety of applications, including fiber sensing, gas sensing, 3D sensing, and diagnosis of diseases such as vascular and respiratory monitoring, as the light signal for high-capacity large-distance optical communication.

The Telecommunication segment has shown the growth rate of 12.9% during (2022 - 2028). As simple to modulate and pair light sources for fiber optic communication, laser diodes are widely used in telecommunication. They are a component of several measurement devices, including rangefinders. Barcode readers are another popular application. As laser pointers, visible lasers—typically red but subsequently also green—are frequently used.

The Gallium Arsenide (GaAs) segment is leading the Global Laser Diode Market by Doping Material 2021, thereby, achieving a market value of $3.8 billion by 2028. GaAs material is utilized to create the majority of laser diodes in use in various applications. GaAs-based laser diodes are primarily used in the data center and consumer electronics industries. The main factor driving the segment expansion is the widespread use of laser diodes made of GaAs in the manufacture of consumer electronics and smartphones.

The Asia Pacific market dominated the Global Laser Diode Market by Region 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4.6 billion by 2028.The Europe market is exhibiting a CAGR of 13% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 12.7% during (2022 - 2028).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Laser Diode Market Segmentation

By Wavelength

  • Infrared
  • Red
  • Blue & Green
  • Blue Violet
  • Ultraviolet

By Technology

  • Distributed Feedback
  • Separate Confinement Heterostructure
  • Double Hetero Structure
  • Quantum Well & Cascade

By End Use

  • Consumer Electronics
  • Telecommunication
  • Industrial & Automotive
  • Medical & Healthcare
  • Others

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)
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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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Related Reports:

North America Laser Diode Market Future Scope & Opportunities 2022-2028

Europe Laser Diode Market & Growth Forecast 2022-2028

Asia Pacific Laser Diode Market, Share & Industry Outlook to 2028

LAMEA Laser Diode Market Growth, Trends & Forecasts 2022-2028

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