The global semiconductor laser market size reached USD 8.19 Billion in 2021 and is expected to register a revenue CAGR of 6.7% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for semiconductor lasers in various applications, due to their light weight, small size, and long service life, is expected to drive market revenue growth between 2022 and 2030. The use of semiconductor materials for light amplification allows development of more advanced semiconductor lasers in contrast to conventional lasers. Compact size, simple design, and low cost are driving the use of semiconductor lasers in small electrical and optical storage devices, such as DVD players and CD players. In addition, semiconductor laser is very useful in the healthcare sector, due to itsextensive use in medical diagnosis, cosmetic surgeries, and therapies. Latest administrative laws in the United States related to 3D printing in the healthcare sector is expected to boost market revenue growth during the forecast period.
The global Semiconductor Lasers Market report published by Emergen Research assesses the Semiconductor Lasers market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Semiconductor Lasers market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Semiconductor Lasers market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Sharp Corporation, Coherent Inc., Panasonic Corp., ASML Holding N.V., Han’s Laser Technology Industry Group Co. Ltd., IPG Photonics Corporation, Osram Licht AG, Rohm Company Limited, Sumitomo Electric Industries Ltd., TRUMPF GmbH + Co. KG, nLIGHT, Inc., and Jenoptik AG
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Emergen Research has segmented the global Semiconductor Lasers market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
The various regions analyzed in the report include:
Key Objectives of the Report:
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