Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Semiconductor Lasers Market Overview
Semiconductor lasers, also known as a laser diode (LD). It has several advantages such as small volume, lightweight, good reliability, long service life, and low power consumption. Additionally, semiconductor laser adopted low voltage constant current power supply mode, hence provided low powder failure rate, safe operation, and low cost of maintenance. These advantages of semiconductor lasers are expanding their applications in consumer electronics, medical, and other growing sectors. This will be helpful to drive the growth of the semiconductor lasers market.
Other than that, due to the low output of semiconductor lasers it is less adopted in high power applications such as deep space communication and industrial applications. Nevertheless, development in designing and materials to improve the output power of semiconductor lasers is projected to help manufacturers to overcome this challenge in the future. This key fact contributes more to market development.
However, factors such as delicate design, low packaging tolerance error, and less reliability & testing may hamper the growth of the market. Besides this, increasing demand for data storage devices where semiconductor lasers are broadly used creates new opportunities for the players operating in this market.
Semiconductor Lasers Market Segment Overview
Based on the type, the fiber optic lasers segment accounted for the largest market share in the global semiconductor laser market. This is due to the increasing demand for high broadband services and its growing acceptance in marine and space communication. Additionally, blue, violet and green lasers are highly used in many applications such as printing, optical storage devices, and defense due to their high efficiency and high brightness.
Furthermore, the printing application segment is anticipated to see the fastest growth in the market. This is because of rising applications in office and other commercial printing. Also, semiconductor lasers have great demand from display manufacturing, sensors manufacturing, industrial machinery, and the healthcare industry. This factor further propels the growth of the semiconductor lasers market.
Semiconductor Lasers Market Regional Overview
The Asia Pacific region is expected to witness significant growth in the semiconductor lasers market during the forecast period. This is attributed to the rapidly growing industrialization, industrial automation as well as rising demand for computer, display, and communication devices in the region. The market is growing at a moderate rate in Europe and North America. The favorable initiatives are taken by the U.S. Federal Government, in association with the International Electrotechnical Commission, to approves and support the usage of 3D printers particularly in the healthcare division with specific regulations is projected to drive the market growth in North America.
Semiconductor Lasers Market, Key Players
· Coherent Inc.
· ASML Holding NV
· Rofin-Sinar Technologies Inc
· Trumpf GmbH + Co KG
· IPG Photonics Corp
· Axcel Photonics Inc
· Newport Corp.
· Sharp Corporation
· Sumitomo Electric Industries, Ltd.
· Han’s Laser Technology Industry Group Co. Ltd.
· ROHM CO., LTD.
· Nichia Corporation
· Hamamatsu Photonics KK
· Panasonic Semiconductor Solutions Co. Ltd
· Finisar Corporation
Semiconductor Lasers Market Segmentation
Semiconductor Lasers Market, By Type
· Fiber Optic Lasers (FOL)
· Vertical Cavity Surface Emitting Lasers (VCSEL)
· Compact Disc Lasers (CDL)
· High Power Diode Lasers (HPDL)
· Red Lasers
· Violet Lasers
· Green Lasers
· Blue Lasers
Semiconductor Lasers Market, By Application
· Optical Storage Devices Lithography
· Healthcare
· Defense and R&D
· Sensors
· Display
· Printing
· Communication
· Industrial
Semiconductor Lasers Market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Fiber Optic Lasers (FOL)
- 5.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 5.2.3. Compact Disc Lasers (CDL)
- 5.2.4. High Power Diode Lasers (HPDL)
- 5.2.5. Red Lasers
- 5.2.6. Violet Lasers
- 5.2.7. Green Lasers
- 5.2.8. Blue Lasers
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Optical Storage Devices Lithography
- 5.3.2. Healthcare
- 5.3.3. Defense and R&D
- 5.3.4. Sensors
- 5.3.5. Display
- 5.3.6. Printing
- 5.3.7. Communication
- 5.3.8. Industrial
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Latin America
- 5.4.3. Europe
- 5.4.4. Asia Pacific
- 5.4.5. Middle East and Africa
6. North America Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Fiber Optic Lasers (FOL)
- 6.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 6.2.3. Compact Disc Lasers (CDL)
- 6.2.4. High Power Diode Lasers (HPDL)
- 6.2.5. Red Lasers
- 6.2.6. Violet Lasers
- 6.2.7. Green Lasers
- 6.2.8. Blue Lasers
- 6.3. Market Analysis, Insights and Forecast – By Application
- 6.3.1. Optical Storage Devices Lithography
- 6.3.2. Healthcare
- 6.3.3. Defense and R&D
- 6.3.4. Sensors
- 6.3.5. Display
- 6.3.6. Printing
- 6.3.7. Communication
- 6.3.8. Industrial
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Latin America Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Fiber Optic Lasers (FOL)
- 7.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 7.2.3. Compact Disc Lasers (CDL)
- 7.2.4. High Power Diode Lasers (HPDL)
- 7.2.5. Red Lasers
- 7.2.6. Violet Lasers
- 7.2.7. Green Lasers
- 7.2.8. Blue Lasers
- 7.3. Market Analysis, Insights and Forecast – By Application
- 7.3.1. Optical Storage Devices Lithography
- 7.3.2. Healthcare
- 7.3.3. Defense and R&D
- 7.3.4. Sensors
- 7.3.5. Display
- 7.3.6. Printing
- 7.3.7. Communication
- 7.3.8. Industrial
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. Brazil
- 7.4.2. Mexico
- 7.4.3. Rest of Latin America
8. Europe Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Fiber Optic Lasers (FOL)
- 8.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 8.2.3. Compact Disc Lasers (CDL)
- 8.2.4. High Power Diode Lasers (HPDL)
- 8.2.5. Red Lasers
- 8.2.6. Violet Lasers
- 8.2.7. Green Lasers
- 8.2.8. Blue Lasers
- 8.3. Market Analysis, Insights and Forecast – By Application
- 8.3.1. Optical Storage Devices Lithography
- 8.3.2. Healthcare
- 8.3.3. Defense and R&D
- 8.3.4. Sensors
- 8.3.5. Display
- 8.3.6. Printing
- 8.3.7. Communication
- 8.3.8. Industrial
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. UK
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Rest of Europe
9. Asia Pacific Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Fiber Optic Lasers (FOL)
- 9.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 9.2.3. Compact Disc Lasers (CDL)
- 9.2.4. High Power Diode Lasers (HPDL)
- 9.2.5. Red Lasers
- 9.2.6. Violet Lasers
- 9.2.7. Green Lasers
- 9.2.8. Blue Lasers
- 9.3. Market Analysis, Insights and Forecast – By Application
- 9.3.1. Optical Storage Devices Lithography
- 9.3.2. Healthcare
- 9.3.3. Defense and R&D
- 9.3.4. Sensors
- 9.3.5. Display
- 9.3.6. Printing
- 9.3.7. Communication
- 9.3.8. Industrial
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Australia
- 9.4.5. South East Asia
- 9.4.6. Rest of Asia Pacific
10. Middle East & Africa Semiconductor Lasers Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Fiber Optic Lasers (FOL)
- 10.2.2. Vertical Cavity Surface Emitting Lasers (VCSEL)
- 10.2.3. Compact Disc Lasers (CDL)
- 10.2.4. High Power Diode Lasers (HPDL)
- 10.2.5. Red Lasers
- 10.2.6. Violet Lasers
- 10.2.7. Green Lasers
- 10.2.8. Blue Lasers
- 10.3. Market Analysis, Insights and Forecast – By Application
- 10.3.1. Optical Storage Devices Lithography
- 10.3.2. Healthcare
- 10.3.3. Defense and R&D
- 10.3.4. Sensors
- 10.3.5. Display
- 10.3.6. Printing
- 10.3.7. Communication
- 10.3.8. Industrial
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Coherent Inc.
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. ASML Holding NV
- 11.6. Rofin-Sinar Technologies Inc
- 11.7. Trumpf GmbH + Co KG
- 11.8. IPG Photonics Corp
- 11.9. Axcel Photonics Inc
- 11.10. Newport Corp.
- 11.11. Sharp Corporation
- 11.12. Sumitomo Electric Industries, Ltd.
- 11.13. Han’s Laser Technology Industry Group Co. Ltd.
- 11.14. ROHM CO., LTD.
- 11.15. Nichia Corporation
- 11.16. Hamamatsu Photonics KK
- 11.17. Panasonic Semiconductor Solutions Co. Ltd
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
