Market Overview
The increasing application of laser diodes in the telecom and healthcare industries is driving the global laser diode market. A laser diode is device in which a laser beam is formed at the diode junction. A laser diode is very similar to a light emitting diode. A laser diode emits light through optical amplification based on stimulated emission of electromagnetic radiation.
The construction of laser diodes is similar to PIN diodes. A PIN diode is a wide un-doped intrinsic semiconductor sandwiched between a p-type and n-type semiconductor. Both the p-type and n-type semiconductors are heavily doped. A laser diode’s active region resides in the intrinsic region. The carriers and electrons are pumped into an intrinsic region from the n-region to the p-region, respectively.
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Laser Diode Market: Segmentation
Segmentation based on wavelength:
The laser diode market is segmented based on wavelength, i.e. infrared, ultraviolet, visible, and others.
Segmentation based on mode:
The laser diode market is segmented based on mode, i.e. single mode and multi-mode.
Segmentation based on application:
The laser diode market is segmented based on application, i.e. healthcare, telecom, manufacturing, media and entertainment, and others.
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Key Players
Some of the key players in the laser diode market are
- Mitsubishi Electric Corporation
- IPG Photonics
- Panasonic Semiconductor Solutions
- OSRAM Opto Semiconductors
- TRUMPF
- Coherent
- Jenoptik AG
- Rofin-Sinar Technologies Inc.
- Nichia Corp.
- JDS Uniphase Corp.
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Laser Diode Market: Drivers and Challenges
The increasing adoption of green laser diodes in medical laser applications, biotechnology, aerospace, and others are significantly driving the global laser diode market. The features of laser diodes like low power requirement and portable size and weight with high efficiency are increasing their adoption in various applications of industries, which is significantly contributing to the growth of the global laser diode market. The growing demand for laser hair removal and tattoo removal is expected to contribute significantly to the growth of the global laser diode market during the forecast period.
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