Registering a CAGR at 25.2% over the forecast period, the global RGB laser modules market is anticipated to reach the market value of US$1192.9 million in the year 2026.
RGB lasers are show laser systems with exactly three-color modules: red, green and blue. Commonly used wavelengths of semiconductor laser diodes for RGB laser manufacturing are 635-660nm for red color, 520nm for green color and 445-460nm for blue color lasers. According to optical power, RGB laser modules can be divided into 4 types: below 1 W, 1W to 5W, 5W to 10W, and above 10W. RGB laser modules with optical power of 1W to 5W are most popular, which has market share of around 40%.
Global RGB Laser Modules key players include Opt Lasers, Sumitomo Electric, Kvant Lasers, SwissLas, Elite, etc. Global top five manufacturers hold a share about 75%.
The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The report also assesses the key opportunities in the RGB Laser Modules market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global RGB Laser Modules Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global RGB Laser Modules includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Opt Lasers (Tomorrow's System), Sumitomo Electric Industries, Ltd. (Tokyo:5802.T), SwissLas, Kvant Lasers, Elite Optoelectronics, RGB Laser System and others.
Broman Group continues to automate with Swisslog
"The highly automated warehouse in Kerava is equipped with the most advanced technology on the market. The new, expanded center will enable us to increase the number of product categories and the range in our online store. The center will also enable even faster handling and distribution of goods," says Petri Nietula, Supply Chain Director, Broman Group.
For application of RGB laser modules, the modules are most widely used in laser projectors, which has market share of 74.84%.
In terms of product, 1W to 5W is the largest segment, with a share about 40%. And in terms of application, the largest application is Laser Projector, followed by Light Source.
RGB Laser Modules Market is segmented based on the type, applications, companies and regions.
By Type
By end user’s
The report offers in-depth assessment of the growth and other aspects of the RGB Laser Modules Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of RGB Laser Modules Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
Reports Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 25.2% during the review period (2022 to 2027). |
By Type |
|
By Application |
|
By Companies | Opt Lasers (Tomorrow's System), Sumitomo Electric Industries, Ltd. (Tokyo:5802.T), SwissLas, Kvant Lasers, Elite Optoelectronics, RGB Laser System |
Regions Covered | • North America • Europe • Asia-Pacific • Rest of the World |
Countries Covered | • US • Canada • Germany • France • UK • Italy • Spain • Rest of Europe • China • Japan • India • Australia • South Korea • Rest of Asia-Pacific • Middle East & Africa • Latin America |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 90 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What is the study period of this market?
The RGB Laser Modules Machine Market is studied from 2017 - 2027.
Who are the key players in RGB Laser Modules Machine Market?
Opt Lasers (Tomorrow's System), Sumitomo Electric Industries, Ltd. (Tokyo:5802.T), SwissLas, Kvant Lasers, Elite Optoelectronics, RGB Laser System, TriLite Technologies, Aten Laser, CQ Laser Technologies and others..
What are the significant types of RGB Laser Modules Machine Market?
Below 1W, 1W to 5W, 5W to 10W, Above 10W, Others.
What are the major end-use applications of the RGB Laser Modules Machine Market?
Laser Projector, Light Source, Optical Fibres, Sensor, Others.
What segments are covered in the RGB Laser Modules Machine Market report?
The Global RGB Laser Modules Machine Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the RGB Laser Modules Machine Market?
The sample report for the RGB Laser Modules Machine Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
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
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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