The Global Semiconductor Lasers Market Size Is Estimated To Reach $8.8 Billion By 2022 From $5.5 Billion In 2015, Growing At A Cagr Of 6.9% From 2016 To 2022. Laser Is Produced Through The Optical Amplification, Which Is Done On The Basis Of Stimulated Emission Of Electromagnetic Radiation. In Semiconductor Laser, This Optical Amplification Is Achieved Through An Active Semiconductor Element.
The Increased Demand Of Semiconductor Lasers In Healthcare Segment Has Fueled Its Global Market Growth. Primarily, Their Adoption In Medical Sector Is Escalated Due To Its High Efficiency, Economical Cost, And Compact Size.
A Semiconductor Laser Is Less Damaging Than X-Ray Therapy And Surgery. This Is Also A Major Factor Which Attracts Medical Sector Toward Semiconductor Lasers.
Key Supporting Factors Which Is Driving The Growth In Global Semiconductor Lasers Market Include Rise In Demand Of Semiconductor Lasers In Defense Sector, Increased Usage In Medical Sector, Dedicated Assembly, And Low Tolerance For Packaging Error. However, Reliability Issues And Complexities In Testing Processes Are Major Factors That Is Hampering The Market Growth. Although, Increase In Demand Of Data Storage Where Semiconductor Lasers Are Used Largely Opening New Opportunities For The Players Operating In The Market.
Semiconductor Lasers Market Is Segmented Based On Type Fiber Optic Lasers (Fol) Vertical Cavity Surface Emitting Lasers (Vcsel), Compact Disc Lasers (Cdl), High Power Diode Lasers (Hpdl), Red Lasers, Violet Lasers, Green Lasers, And Blue Lasers. Based On End User, It Is Segmented Into Optical Storage Devices Lithography, Healthcare, Defense And R&D, Sensors, Display, Printing, Communication, And Industrial. By Geography, It Is Analyzed Across North America, Europe, Asia Pacific, And Lamea.
The Key Players Profiled In The Report Include Asml Holdings N.V., Coherent Inc., Newport Corporation, Sharp Corporation, Sumitomo Electric Industries, Ltd., Trumpf Gmbh + Co. Kg, Axcel Photonics Inc., Ipg Photonics Corporation, Han's Laser Technology Industry Group Co. Ltd., And Rofin-Sinar Technologies Inc.
Potential Benefits for Stakeholders
This Report Provides An In-Depth Analysis Of The Global Semiconductor Lasers Market, Along With The Current Trends And Future Estimations To Identify Lucrative Marketing And Investment Opportunities.
It Elucidates On The Key Drivers, Opportunities, And Restraints That Shape The Market Along With Their Impact Analysis.
Porter's Five Forces Analysis Highlights The Potency Of Buyers And Suppliers That Participate In This Market To Facilitate Better Decision Making For Stakeholders And Strengthen Their Supplier And Buyer Networks.
Semiconductors Laser Market Key Segmentation
The Market Is Segmented Based On Type, End User Application, And Geography.
By Type
Fiber Optic Lasers (Fol)
Vertical Cavity Surface Emitting Lasers (Vcsel)
Compact Disc Lasers (Cdl)
High Power Diode Lasers (Hpdl)
Red Lasers
Violet Lasers
Green Lasers
Blue Lasers
By End User Application
Optical Storage Devices Lithography
Healthcare
Defense And R&D
Sensors
Display
Printing
Communication
Industrial
By Geography
North America
U.S.
Canada
Mexico
Europe
Uk
France
Russia
Germany
Italy
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Taiwan
Rest Of Asia-Pacific
Lamea
Latin America
Middle East
Africa
Key Players
Asml Holdings N.V.
Coherent Inc.
Newport Corporation
Sharp Corporation
Sumitomo Electric Industries, Ltd.
Trumpf Gmbh + Co. Kg
Axcel Photonics Inc.
Ipg Photonics Corporation
Han's Laser Technology Industry Group Co. Ltd.
Rofin-Sinar Technologies Inc.