Registering a CAGR of 6.8% over the forecast period, the market value of Semiconductor Laser Power Supply is expected to reach US$ 14560 million in the year 2027.
Semiconductor Laser Power Supply is becoming more popular due to its high efficiency at a small size. Furthermore, the output of a semiconductor laser can be easily increased by adjusting the junction rate. Globally, R&D activities for the development of Semiconductor Laser Power Supply are being carried out, which is an important factor that could play a key role in the global market's revenue growth.
The growing use of fiber lasers is propelling the global semiconductor laser market's revenue growth. A fiber laser is an optically pumped device that is commonly used with semiconductor lasers in a variety of industrial manufacturing techniques such as metal cutting, marking, and welding of aircraft and automobile components. Technological advancements and significant improvements in infrastructure, as well as research and development in this field, have all contributed to the rapid growth in the use of fiber lasers. The increasing use of fiber lasers is expected to be the primary factor driving revenue growth in the global semiconductor laser market during the forecast period.
Increased smartphone sales are driving revenue growth in the global semiconductor laser market. Smartphone sales have increased significantly as e-commerce and subscriptions to social media and other platforms have grown. The integration of Organic Light-emitting Diode (OLED) technology and Three-Dimensional (3D) sensing in smartphones is increasing significantly, which is expected to drive revenue growth in the global semiconductor laser market during the forecast period. Furthermore, ongoing research and development of more effective semiconductor lasers is creating additional market potential.
The report aspects discussed the profile of the top manufacturers of the global Semiconductor Laser Power Supply market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. The growth of the report has examined Semiconductor Laser Power Supply Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Semiconductor Laser Power Supply includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Shanghai Jigol Electronics Co., Ltd., Sintec Optronics Pte Ltd, OsTech, DingSuo Technologies, GT Optics Co., Ltd., Beijing Laserwave Optoelectronics Technology Co., Ltd., CHUTIAN Laser Group and others.
TRUMPF expands its product portfolio with ultrashort pulse lasers for scientific and industrial applications.
February 15, 2022--TRUMPF, a high-tech company, has purchased an 80 percent stake in Active Fiber Systems GmbH (AFS), a fibre laser company based in Jena, Germany.
AFS designs and manufactures ultrashort-pulse laser systems and fiber-laser systems primarily for scientific and research applications. Its applications, in addition to basic research, include the generation of extremely short-wavelength light with high coherence, biomedical imaging, and material processing. TRUMPF intends to use its majority stake in AFS to capitalize on synergies in the research and development of its existing ultrashort-pulse laser portfolio, as well as to expand its business in this expanding field.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
Due to increased government investments and initiatives, Asia-Pacific is expected to account for a larger revenue share among other regional markets and to grow at the fastest rate during the forecast period. Furthermore, rapid growth in the communications industry in China, India, Japan, and South Korea is expected to drive revenue growth in the Asia-Pacific semiconductor laser market during the forecast period.
The Semiconductor Laser Power Supply Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Semiconductor Laser Power Supply Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers the Semiconductor Laser Power Supply Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Semiconductor Laser Power Supply Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Semiconductor Laser Power Supply Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Shanghai Jigol Electronics Co., Ltd., Sintec Optronics Pte Ltd, OsTech |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Shanghai Jigol Electronics Co., Ltd., Sintec Optronics Pte Ltd, OsTech, DingSuo Technologies, GT Optics Co., Ltd., Beijing Laserwave Optoelectronics Technology Co., Ltd., CHUTIAN Laser Group |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 118 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Semiconductor Laser Power Supply Market is studied from 2017 - 2027.
What is the growth rate of the Semiconductor Laser Power Supply Market?
The Semiconductor Laser Power Supply Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the key players in Semiconductor Laser Power Supply Market?
Shanghai Jigol Electronics Co., Ltd., Sintec Optronics Pte Ltd, OsTech, DingSuo Technologies, GT Optics Co., Ltd., Beijing Laserwave Optoelectronics Technology Co., Ltd., CHUTIAN Laser Group
What regions does this Semiconductor Laser Power Supply Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Semiconductor Laser Power Supply Market?
Semiconductor Laser Power Supply, Quasi-continuous Semiconductor Laser Power Supply
What are the major end-use applications of Semiconductor Laser Power Supply Market?
Laser Equipment, Medical Instruments, Laser Measuring Equipment
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SECONDARY RESEARCH
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PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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