Semiconductor laser market by 2024

Semiconductor Laser Market Analysis And Segment Forecasts To 2024

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Semiconductor Laser Market Analysis And Segment Forecasts To 2024 The global semiconductor laser market size is expected to reach USD 9.52 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance of fiber optic lasers in the communication and connectivity verticals and the growing preference for semiconductor lasers over other light sources are expected to boost the market growth. The increasing deployment of semiconductor laser diodes in various application verticals has further bolstered the industry growth. The growing usage of 3D printing in the healthcare and architectural platforms are expected to increase the demand for semiconductor lasers.

The semiconductor lasers can be categorized on the basis of laser types into fiber optic lasers, vertical cavity surface emitting lasers, compact disc lasers, high power diode lasers, red lasers, violet lasers, green lasers, and blue lasers. The fiber optic laser segment is expected to grow at a remarkable pace owing to the enhanced usage in the communication and photonics segments.

Browse the report:http://www.orbisresearch.com/reports/index/semiconductor-lasermarket-analysis-by-laser-type-market-analysis-application-and-segment-forecasts-to-2024#

Phone No.: +1 (214) 884-6817

Email id: sales@orbisresearch.com

Semiconductor Laser Market Analysis And Segment Forecasts To 2024 The semiconductor lasers can be categorized on the basis of laser types into fiber optic lasers, vertical cavity surface emitting lasers, compact disc lasers, high power diode lasers, red lasers, violet lasers, green lasers, and blue lasers. The fiber optic laser segment is expected to grow at a remarkable pace owing to the enhanced usage in the communication and photonics segments.

The recent administrative regulations pertaining to 3D printing in the healthcare vertical in countries such as the U.S. are further expected to throttle the industry growth. These regulations restrict the regulated usage of 3D printing into prosthetic organs’ fabrication and other life science-based solicitations.

Request a sample of the report:http://www.orbisresearch.com/contacts/request-sample/112800 The key industry participants include Trumpf GmbH + Co. KG, Coherent Inc., Newport Corporation, Sharp Corporation, IPG Photonics Corporation, Axcel Photonics Inc., ASML Holding NV, Rofin-Sinar Technologies Inc., and Sumitomo Electric Industries, Ltd. The semiconductor laser industry has witnessed the escalating M&A activities amongst the laser diode manufacturers with an aim to enrich the product portfolio with proficient and high-power lasers at cost-effective rates.

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