LONDON--(BUSINESS WIRE)--The blue laser diode market is expected to grow by USD 196.96 million, progressing at a CAGR of over 12% during the forecast period.
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The advances in laser projectors is one of the major factors propelling market growth. However, factors such as declining demand for Blu-Ray disc players and DVD players will hamper the market growth.
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Blue Laser Diode Market: Type Landscape
A single-mode blue laser diode is defined based on the size of the waveguide. When the size of the waveguide is specifically designed in both transverse and longitudinal directions to fit in only one mode, it is said to be a single-mode blue laser diode. As single-mode laser diodes have a smaller size, they can offer a higher light intensity, which makes them suitable for more applications than multi-mode laser diodes. Market growth in this segment will be slower than the growth of the market in the multi-mode segment.
Blue Laser Diode Market: Geographic Landscape
Factors such as the increasing demand for laser projectors will significantly drive blue laser diode market growth in this region over the forecast period. 34% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for blue laser diodes in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
- Egismos Technology Corp.
- Hamamatsu Photonics KK
- Nichia Corp.
- OSRAM Licht AG
- Panasonic Corp.
- ProPhotonix Ltd.
- Renesas Electronics Corp.
- Sharp Corp.
- Ushio Inc.
- Vortran Laser Technology Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Single-mode - Market size and forecast 2019-2024
- Multi-mode - Market size and forecast 2019-2024
- Market opportunity by Type
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Egismos Technology Corp.
- Hamamatsu Photonics KK
- Nichia Corp.
- OSRAM Licht AG
- Panasonic Corp.
- ProPhotonix Ltd.
- Renesas Electronics Corp.
- Sharp Corp.
- Ushio Inc.
- Vortran Laser Technology Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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