A laser
diode, also known as a diode laser or injection laser, is a semiconductor
device that emits light. A laser diode is a semiconductor device in which
lasing conditions are created by injecting electrical current directly into a
diode. It has the ability to transform electrical energy straight into light.
Fiber-optic communications, laser pointers, barcode readers, laser printing,
laser scanning, light beam illumination, disc recording, and other applications
require laser diodes.
Global Laser Diode Market- Drivers
During the
forecast period, the worldwide laser
diode market is likely to rise due to increased use of laser diodes in
various end-use industries. Communication, factory automation, material
processing, data storage, the medical sector, display, and sensing are just a
few of the applications for laser diodes. High-speed laser diodes are used in
the fibre optical communication business to transport data via the Internet and
telephone networks. Distributed feedback laser diodes power the bulk of optical
fibre networks. With the growing demand for high-speed Internet services such
as 3G and long-term evaluation (LTE) and cloud services, as well as the growing
number of Internet subscribers, optical fibre networks are being deployed more
widely around the world.
Global Laser Diode Market:
Opportunities
From 790 nm
to 980 nm, the laser industry has seen a surge in demand for high-power,
high-brightness lasers. With increased application of high power lasers in
material processing, fibre laser pumping, defence, medical, and consumer
electronics manufacturing, this trend is projected to continue in the next six
years. Due to its capacity to create tunable output, high brightness, and
coherent light generation, vertical external-cavity surface-emitting lasers
(VECSEL) have shown to be a reliable high power laser source during the
previous five years.
Global Laser Diode Market- Restraint
During the
forecast period, the worldwide laser
diode market is likely to be restrained by laser diode limitations
paired with high beginning costs. Laser diodes have a significant disadvantage
in terms of output power. Single laser diodes are incapable of delivering the
requisite power output for long-range deep space communication. In order to
satisfy the power needs for such applications, multiple lasers must be operated
concurrently, increasing the cost of the laser system.
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