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(Wireless-NewsWire.Com, March 22, 2016 ) A laser diode, similar to light emitting diode (LED), is an electrically-pumped device where the active medium is based on the semiconductor diode's p-n junction. Laser diodes are quickly becoming a crucial part of advance technology and are utilized in applications such as communications, CD players, laser printers, laser pointers, research & development, and industrial processing machineries. Laser diodes provides various advantageous features compared to conventional laser systems such as helium-neon gas types, and ruby. Laser diodes are compact in weight and size, work on low current, voltage, and power supplies, and have low maintenance and efficiency, and a wide angle beam.
Browse complete report @ http://www.reportsweb.com/Laser-Diode-Market-to-2025-Global-Analysis-and-Forecasts-by-Doping-Material-Wavelength-and-Applications .
The global market is segmented based on doping material into AlGaInP, GaN, GaAlAs, InGaN, and other doping materials (such as GaInAsSb and GaAs). This report is further segmented on the basis of wavelength into blue-violet laser diode, blue laser diode, infrared laser diode, red laser diode, and others (such as ultraviolet (UV) laser diode and green laser diode). Lastly, the global market is classified on the basis of applications into automotive, consumer electronics, healthcare, military & defense, and other applications (such as instrumentation & sensors, industrial, etc.).
Geographically, the global market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). Advancement in display technologies across the globe particularly in the developing economies of APAC and MEA regions coupled with rapid growth in automotive and electronic manufacturing across both is propelling the global market. In addition, growing applications of laser diodes across end-use verticals such as military & defense, healthcare & medical, fiber optic communication and telecommunication are further expected to bolster this market, globally. Some of the key players operating in this global market include Coherent, Inc., IPG Photonic Corp., Newport Corp., Axcel Photonics, Inc., ASML Holding NV, Rofin-Sinar Technologies Inc., Sharp Corporation, Sumitomo Electric Industries, Ltd., Trumpf GmbH + Co. KG, and Panasonic Semiconductor Solutions Co., Ltd. among others.
The factors driving the global market comprise of the growing awareness about laser and its uses, remarkable research in the vertical-cavity surface-emitting laser (VCSEL) market, and growing fiber laser market. Significant increase in the use of laser diodes in several end-use markets due to a number of valuable features provided by this technology compared to traditional technology is a chief factor driving the global market. Moreover, the quick growth in electronic manufacturing and automotive industries around the world is boosting the global market. However, the major restraints for the growth of the market are lack of research & development funding for the military segment and the high initial investment required in the manufacturing of laser diodes. Projection applications for green laser diode devices are expected to create several opportunities for growth in the market during the forecast period.
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Analogous to any technology which is new in the market, laser diodes are hindered by their heavy initial investment required to implement the superior technology. This hindrance could be annulled by growing demand of laser diode, which would stabilize the buyer-seller aspects. The adverse effects of extraction of rare earth minerals and environmental changes, necessary for laser diode manufacturing, is another noteworthy threat to the global market. However, increasing demand for lasers and developing applications of lasers in the healthcare vertical have the potential to annul this restraint.
The report segments the global laser diode market as follows:
• Global Laser Diode Market – By Doping Materials
o AlGaInP
o GaN
o GaAlAs
o InGaN
o Others (GaInAsSb and GaAs)
• Global Laser Diode Market – By Wavelength
o Blue Laser Diode
o Blue-Violet Laser Diode
o Infrared Laser Diode
o Red Laser Diode
o Others (Ultraviolet (UV) Laser Diode and Green Laser Diode)
• Global Laser Diode Market – By Application
o Automotive
o Consumer Electronics
o Healthcare
o Military & Defense
o Others (Instrumentation & Sensors, Industrial, etc.)
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