DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/j25w25/laser_diode) has announced the addition of the "Laser Diode Market by Type, Mode of Operation, Wavelength, Application , and Geography - Global Forecast to 2020" report to their offering.
The total laser diode market is expected to reach USD 11.94 billion by 2020, at a CAGR of 13.0% between 2015 and 2020
Factors such as growing industry awareness about laser and its advantages, growing fiber laser market, and tremendous research in VCSEL market are driving the growth of the laser diode market.
The segment on the basis of type includes injection laser diode and optically pumped semiconductor laser diode types. The optically pumped semiconductor diode laser segment is expected to grow at a higher rate during the forecast period. The segmentation on the basis of mode of operation includes continuous wave and pulsed mode, of which pulsed mode is a rapidly growing segment. Of all the wavelengths such as near-infrared, red, blue, green, and others, the green laser diode is expected to grow at the highest CAGR of 16.7% between 2015 and 2020.
The segmentation according to applications include communication & optical storage, industrial, medical, military & defense, instrumentation & sensor, and others. Of all the applications, communication & optical storage is expected to grow at the highest rate between 2015 and 2020. The market based on geography has been classified into the Americas, Europe, Asia-Pacific (APAC), and RoW. APAC held the largest market share in the overall laser diode market, owing to the presence of major companies such as Nichia Corp. (Japan) and Sharp Corp. (Japan) among others.
In this report, the drivers, restraints, opportunities, and challenges for the laser diode market have been covered. The low research and development funding in the military segment and high cost of initial investment are some of the factors hindering the growth of the market. The upcoming pico-projector applications in the green laser diode market are expected to increase the scope for opportunities in the laser diode market.
This report profiles all the major companies involved in the laser diode market such as
- Avago Technologies
- Coherent, Inc.
- Hamamatsu Photonics K.K.
- IPG Photonics Corp.
- JDS Uniphase Corp.
- Jenoptik AG
- Newport Corp.
- Nichia Corporation
- Osram Licht Group
- Panasonic Semiconductor Solutions Co., Ltd
- Rofin-Sinar Technologies, Inc.
- Rohm Co., Ltd.
- Sharp Corp.
- Trumpf GmbH + Co. Kg
For more information visit http://www.researchandmarkets.com/research/j25w25/laser_diode