Direct Diode Laser Systems Market Size - Forecast To 2031
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Direct Diode Laser Systems Market Size - Forecast To 2031

Oct 14, 2024

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The global direct diode laser systems market size was USD 469.45 million in 2021 and is expected to reach USD 881.36 million in 2031, exhibiting a CAGR of 6.5% during the forecast period.

Laser diodes are extremely energy-efficient semiconductor technologies that may be purchased for under $1 per unit for mass-produced electronics. Products are available in a range of wavelengths, from ultraviolet to long-wave infrared; the device structure and constituent semiconductor materials decide the primary wavelength. Due to their low spectral linewidth (monochromatic), coherent beam qualities, high radiance (brightness), and higher efficiency, laser diodes stand apart from light-emitting diodes (LEDs) in a significant way. The addressable market for laser diodes is represented in the image below.

The global COVID-19 pandemic has been unprecedented and staggering, with the direct diode laser system experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Due to the imposed nationwide lockdowns following the COVID-19 breakout, the market for laser diodes fell. Due to the disruption in the global supply chain, it is also anticipated that there will be shortages in the supply of raw materials and a considerable decline in demand through the end of 2020. Around 69% of respondents to the IPC poll of electronics companies reported that their suppliers have warned them that COVID-19 will cause delays in shipments.

"Increasing Demand from Automotive Sector to drive Market Growth "

A single emitter's power output can range from mill watt to multiwatt levels. For optical pumping of solid-state lasers, individual emitters can be utilized alone, joined into laser diode bars, or integrated into laser diode modules for a variety of applications. Examples of industries that use laser diode technologies for 3D sensing and imaging are shown in the image below. The electronics and automotive industries will undergo a transformation as a result of the widespread use of laser diodes.

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According to type, the market can be segmented into 808 nm Type, 940 nm Type, 980 nm Type, and Others.

Based on application, the market can be divided into Laser Metal Welding, Brazing, Laser Plastic Welding, Laser Soldering, and Others.

"Rising Developments to Stimulate Market Demand"

So-called direct-diode lasers are essentially completely different animals, despite occasionally being lumped alongside fiber lasers. A direct-diode laser is really built of a non-gain optical fiber that is simply filled with light that originates from a number of laser diodes linked to the fiber, as opposed to a fiber laser which is composed of a gain fiber that is end- or side-pumped. For processing materials, high-power fiber and direct-diode lasers are both employed. High-power direct-diode systems are invariably multimode since the efficiency of optics for mixing light from numerous laser diodes will be far beyond the single-mode limit, even though high-power fiber lasers can be had with either single-mode or multimode outputs.

"Increasing Adoption of Product in Defense Sector to Boost Market Growth"

A significant end-use industry area of the laser diode market is aerospace and defense. For the past few decades, laser diodes have been used in the aerospace and defense sector as pump sources for solid-state systems. This is still the main use for laser diodes, with high power laser diode bars and laser diode arrays being the traditional formats. Such factors are expected to drive the direct diode laser systems market growth in the coming years.

"Physical Damage to Hamper Market Demand"

The LIDAR system has some drawbacks. This technique is ineffective in bad weather because pulse power needs to be restricted because this wavelength can be harmful to the eye. The detection system's range is likewise decreased by the low pulse power to roughly 100 m.

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"High Demand from Consumer Electronics in Asia Pacific to Boost Market Expansion "

The huge rise in demand for direct diode laser systems in the consumer electronics and automotive sectors, which accounted for a sizable portion of Asia Pacific's overall consumption, is largely responsible for the surge. In Asia Pacific, China held a significant direct diode laser systems market share.

Additionally significant markets for laser diodes are found in North America and Europe, which in 2021 accounted for significant portions of the worldwide market. The market in North America is driven by rising demand for laser diodes in the area's IT & communications and automotive industries.

"Adoption Innovative Strategies by Key Players Influencing Market Development "

Major companies offer an extremely economical choice of high power laser diodes appropriate for aerospace and defense uses. Laser diodes have high dependability, superior intensity, and better power levels due to its density, modular design, and advanced quantum well intermixing procedure.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macroeconomic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.

Market Size Value In

US$ 469.45 Million in 2021

Market Size Value By

US$ 881.36 Million by 2031

Growth Rate

CAGR of 6.5% from 2021 to 2031

Forecast Period

2024-2031

Base Year

2023

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

Type and Application

The global direct diode laser systems market is expected to touch USD 881.36 million by 2031.

The direct diode laser systems market is expected to exhibit a CAGR of 6.5% over 2024-2031.

Rising development and increasing demand for products from the defense sector are the driving factors of the direct diode laser systems market.

Hamamatsu Photonics, Spectra-Physics, KYOCERA SOC Corporation, Yamazaki Biosolutions AG, Raycus, Coherent, Lumentum, II-VI Incorporated, Vortran Laser Technology, Clark-MXR, Inc., Gap Laser Systems, TeraDiode, BWT BEIJING are the companies operating in the direct diode laser systems market.

COVID-19 Impact: Pandemic Declined Market Demand Latest TrendsIncreasing Demand from Automotive Sector to drive Market Growth By Type AnalysisBy Application AnalysisDriving Factors Rising Developments to Stimulate Market DemandIncreasing Adoption of Product in Defense Sector to Boost Market GrowthRestraining Factors Physical Damage to Hamper Market DemandHigh Demand from Consumer Electronics in Asia Pacific to Boost Market Expansion Key Industry PlayersAdoption Innovative Strategies by Key Players Influencing Market Development Report CoverageFrequently Asked Questions