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

Transparency Market

Research

Laser Diode Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast, 2014 – 2020

Published Date

2014-10-30

116 Page Report

Buy Now

Request Sample

Press Release

Global Laser Diode Market is Expected to Reach USD

10.26 Billion in 2020

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

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.

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 12.6% over the forecast period.

Browse the full Laser Diode Market report at

http://www.transparencymarketresearch.com/laser-diode-market.html

The laser diode...