Semiconductor Lasers Market Scope
Semiconductor lasers, takes place by making use of active semiconductor substance and are small in size and appearance. Semiconductor lasers are considered to be more advanced, developed, and competent over the traditional/conventional lasers. The semiconductor lasers are substituting conventional/traditional lasers in different applications. The material used is Gallium Arsenide also known as Gallium Arsenide Laser. The increase in demand for semiconductor laser applications, preference for semiconductor lasers over other sources of light, and the expansion of the fiber laser is driving the Global Semiconductor laser market.
According to AMA, the Global Semiconductor Lasers market is expected to see growth rate of 7.5%
The semiconductor laser market is fragmented since the market has a number of companies who offer various products such as industrial fiber lasers, visible laser diodes, laser diodes, and diode lasers. Further, the increase in demand for consumer devices is accelerating the demand for semiconductor lasers as they are being used for several manufacturing processes. Research Analyst at AMA estimates that Japan Players will contribute to the maximum growth of Global Semiconductor Lasers market throughout the predicted period.
Sony Corporation (Japan), Nichia Corporation (Japan), Sharp Corporation (Japan), Ushio, Inc. (Japan), Osram GmbH (Germany), TOPTICA Photonics (Germany), Egismos Technology Corporation (Canada), Arima Lasers (Taiwan), Ondax, Inc. (United States), Panasonic Corporation (United States) and Jenoptik AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are ROHM Semiconductor (Japan), Hamamatsu (Japan), Newport Corporation (United States), Finisar Corporation (United States), Mitsubishi Electric Corporation (Japan) and Finisar Corporation (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Semiconductor Lasers market by Type (Fiber Optic Lasers (FOL), Vertical Cavity Surface Emitting Lasers (VCSEL), Compact Disc Lasers (CDL), High Power Diode Lasers (HPDL), Blue Laser, Red Laser, Infrared Laser and Others), by Application (Optical Storage & Display, Telecom & Communication, Industrial Application, Medical Application and Other) and Region with country level break-up.
On the basis of geography, the market of Semiconductor Lasers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
July 2018, Jenoptik announced the acquisition of Prodomax Automation Ltd. With the acquisition, Jenoptik strengthens its position as a full-service turnkey provider of complex automated manufacturing solutions the company has embarked on with the acquisition of Five Lakes Automation in 2017.
July 2018, Finisar Corporation, announced to expand 3D VCSEL Production Capacity with its new Sherman, Texas Facility. Finisar will use the site to increase production capacity of its VCSELs and related 3D Sensing technologies, used in a wide range of applications.
Market Trend
- The Advent of 3D Printing Using Lasers
- Increasing Demand for EUV Lithography
- Integration of Organic Light Emitting Diode (OLED) Technology in Smartphones
Market Drivers
- High Efficiency of Semiconductor Laser
- Increasing Usage of Semiconductor Laser in Defense and Medical Sector
- Expansion of Laser Fiber Market
Opportunities
- Rapid Growth in the Semiconductor Industry
Restraints
- Development in Fiber Lasers, Delicate Design, and Low Packaging Tolerance Error
- High Initial Investment for Semiconductor Laser May Hamper the Market Growth
Challenges
- Difficulty Regarding Less Reliability and Testing
Key Target Audience
Semiconductor Lasers Manufacturers, Industry Association, Potential Investors, Downstream Vendors, Government and Regulatory Bodies and Marketing firms