Nov 6, 2017   SOURCE: BusinessWire

Laser Diode Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 - Research and Markets

The "Laser Diode Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering.

The global laser diode market reached a value more than US$ 7 Billion in 2016.

Various applications of laser diodes in diverse sectors are driving the growth of the market. The light emitted by laser diodes can be adjusted according to the requirement as they have a broad range of wavelengths.

Owing to this, laser diode technologies are used for a variety of procedures in the healthcare sector, such as LASIK surgery, hair and tattoo removal, body contouring, reducing wrinkles and skin resurfacing. Additionally, these diodes find several applications in the industrial sector including welding, soldering, cladding, micromachining and surface hardening.

Further, laser diodes are used in headlamps for luxury cars where they provide a longer range of light as compared to LED headlamps. The rising demand for these headlamps in the automotive sector is expected to boost the consumption of laser diodes. According to the report, the market is expected to reach a value of around 13 Billion by 2022, exhibiting a CAGR of more than 10% during 2017-2022.

Some of the key players operating in the market include Coherent, IPG Photonics, OSRAM Licht AG, TRUMPf GmbH + Co. KG, and Jenoptik AG.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Laser Diode Market

6 Market Breakup by Type

7 Market Breakup by Application

8 Market Breakup by Region

9 Laser Diode Manufacturing Process

10 Competitive Landscape

  • Coherent
  • IPG Photonics
  • Jenoptik AG
  • OSRAM Licht AG
  • TRUMPf GmbH + Co. KG

For more information about this report visit https://www.researchandmarkets.com/research/lsrr2d/laser_diode