Global Semiconductor Laser Market to grow at a CAGR of 7.5% Till 2020

Semiconductor lasers use semiconductor gain medium, where optical gain is achieved by injecting current at an interband transition with high carrier density in the conduction band. They are compact in size and have low maintenance cost. The material often used in the semiconductor laser is gallium arsenide, and thus it is also known as a gallium arsenide laser. Semiconductor lasers are also used in new manufacturing processes such as micromachining. Lasers reduce the costs of end products by improving throughput and yield. The industrial segment spans a range of laser applications such as welding, cladding, metal cutting, and heat treating in segments ranging from automotive, gas, and appliance manufacturing to high-precision microelectronics fabrication and micro structuring in machine tool production.

Technavio’s analysts forecast the global semiconductor laser market to grow at a CAGR of 7.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global semiconductor laser market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sales of lasers to the application segments such as material processing, communications, defense, healthcare, instrumentation and sensors, and others, which include displays and optical storage.

The market is divided into the following segments based on geography:
• Americas

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Technavio’s report, Global Semiconductor Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Coherent
• Novanta
• Han’s Laser
• Rofin-Sinar

Market challenge
• Shortage in supply of rare-earth elements
• For a full, detailed list, view our report

Market trend
• Increase in number of mergers and acquisitions
• For a full, detailed list, view our report

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Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by laser type
PART 08: Geographical segmentation
PART 09: Market drivers

PART 10: Impact of drivers

Complete Report Available at:

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