Laser Diode Market Segment Forecasts Up to 2020, Research Reports

Transparency Market Research

Laser Diode Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020

Published Date 30-Oct-2014

116 Page Report

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Global Laser Diode Market is Expected to Reach USD 10.26 Billion in 2020 :Transparency Market Research

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Laser Diode Market

REPORT DESCRIPTION

Laser Diode Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 According to a new market report published by Transparency Market Research “Laser Diode Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the global laser diode market was valued at USD 4.60 billion in 2013, growing at a CAGR of 12.6% from 2014 to 2020 and is estimated to reach USD 10.26 billion in 2020. Browse the full Laser Diode Market Report at http://www.transparencymarketresearch.com/laserdiode-market.html Significant growth in the usage of laser diodes across various end-use markets owing to a number of beneficial features offered by this technology over conventional technologies is a key factor driving the laser diode market globally. In addition, rising number of government regulations for mandatory use of laser technology in the marking and engraving of products, coupled with rapidly growing applications of laser products in medical surgeries and devices are propelling the laser diode market globally. However, high initial costs involved in laser processing machines along with rising environmental concerns regarding the mining of rare earth elements are expected to pose a minor hindrance to the growth of this market. On the other hand, growth in fiber lasers and rising use of disk lasers in industrial applications ensure the global laser diode market growth at a CAGR of...