Product Code: GVR-1-68038-030-9
Semiconductor Laser Market Growth & Trends:
The global semiconductor laser market size is anticipated to reach USD 14.98 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 9.5% from 2024 to 2030. 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.
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.
However, the shortcomings of the functional and efficient usage associated with the semiconductor lasers are expected to pose challenges for the industry. The recent fiber optic high-speed connectivity across the telecom industries, along with the semiconductor laser usage in flat panel displays, is expected to impel the global semiconductor laser market growth.
Semiconductor Laser Market Report Highlights:
- The fiber optic laser segment dominated the market and accounted for a market revenue share of 27.2% in 2023. Due to their high beam quality, precision, and efficiency, fiber optic lasers are increasingly used for applications such as laser cutting, welding, marking, and engraving.
- The communications & optical storage segment accounted for the largest market revenue share in 2023. As global data consumption continues to surge due to the proliferation of internet services, streaming media, and cloud computing, there is an increasing need for advanced optical communication technologies.
- The large enterprises segment held the largest market revenue share in 2023. Large enterprises typically handle vast amounts of sensitive data, making robust cybersecurity measures critical to protect against increasingly sophisticated cyber threats.
- North America semiconductor laser market accounted for the largest market revenue share of 36.4% in 2023. The region's robust semiconductor industry, substantial investments in research and development, and a strong presence of key market players contribute to North America's dominance in the semiconductor laser market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Semiconductor Laser Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Semiconductor Laser Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Semiconductor Laser Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Semiconductor Laser Market: Type Movement Analysis, USD Billion, 2023 & 2030
- 4.3. Fiber Optic Laser
- 4.3.1. Fiber Optic Laser Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Vertical Cavity Surface Emitting Lasers
- 4.4.1. Vertical Cavity Surface Emitting Lasers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Blue Laser
- 4.5.1. Blue Laser Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Red Laser
- 4.6.1. Red Laser Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.7. Green Laser
- 4.7.1. Green Laser Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.8. Infrared Laser
- 4.8.1. Infrared Laser Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.9. Others
- 4.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Semiconductor Laser Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Semiconductor Laser Market: Application Analysis, USD Billion, 2023 & 2030
- 5.3. Medical & Aesthetic
- 5.3.1. Medical & Aesthetic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Instruments & Sensors
- 5.4.1. Instruments & Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Aerospace, Defense, and Military
- 5.5.1. Aerospace, Defense, and Military Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Material Processing
- 5.6.1. Material Processing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Communication & Optical Storage
- 5.7.1. Communication & Optical Storage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.8. Entertainment, Displays & Printing
- 5.8.1. Entertainment, Displays & Printing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.9. Others
- 5.9.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Semiconductor Laser Market: Regional Estimates & Trend Analysis
- 6.1. Semiconductor Laser Market Share, By Region, 2023 & 2030, USD Billion
- 6.2. North America
- 6.2.1. North America Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Canada Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. U.K.
- 6.3.2.1. U.K. Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
- 6.3.3.1. Germany Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. France Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. China Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Japan Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. India Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. Australia
- 6.4.6.1. Australia Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Latin America
- 6.5.1. Latin America Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Saudi Arabia Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.3. UAE
- 6.6.3.1. UAE Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Semiconductor Laser Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. Coherent Corp.
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Sharp Corporation
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Nichia Corporation
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. IPG Photonics Corporation
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. TT Electronics
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Sumitomo Electric Industries Ltd.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Sheaumann Laser Inc.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Newport Corporation
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Panasonic Industry Co. Ltd.
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. ROHM CO., LTD.
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives