Global Visible and UV Laser Diode Market Forecast to 2028 with OSRAM, OSI LaserDiode, TRUMPF, Nichia, and Newport Currently Holding a Significant Market Share - ResearchAndMarkets.com

The "Global Visible and UV Laser Diode Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Doping Material, Mode, and Application" report has been added to ResearchAndMarkets.com's offering.

The visible and UV laser diode market is projected to reach US$ 4,497.40 million by 2028 from US$ 3,127.50 million in 2021; it is expected to grow at a CAGR of 5.3% from 2021 to 2028.

UV lasers have extraordinarily high photon energy, allowing them to address a wide range of applications that infrared lasers cannot. The third and fourth harmonics of Nd: YAG, which have wavelengths of 355 nm and 266 nm, respectively, are the most popular UV laser sources. While 355 nm and 266 nm are the most frequent UV laser wavelengths, several other Nd: YAG lines can be frequency-doubled and tripled to produce a wide range of UV wavelengths.

The visible and UV laser diode market is segmented on the basis of doping material, mode, application, and geography. Based on doping material, the market is segmented into AlGaInP, GaN and InGaN. Based on mode, the visible and UV laser diode market is bifurcated into single mode and multi-mode. By application, the market is segmented into industrial, defense, scientific and medical, and others. By geography, the visible and UV laser diode market is primarily segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America.

Over the years, multi-mode diode lasers have experienced a rise in uptake compared to traditional single-mode lasers. Their higher power outputs and broad beam diffraction allow light emission across a wider space for medical, industrial, and illumination applications. The multi-mode laser diodes are applied for applications that require higher power.

Depending on the wavelength, output powers range from 100 mW to 10 W per emitter, and they are available in both free-space and fiber-coupled packages. Fiber laser pumping, laser cladding, surface-enhanced Raman spectroscopy (SERS), and machine vision are some of the applications of the product. Thus, the rise in multi-mode laser diodes offered by the companies for varied applications is also propelling their uptake, fueling the global visible and UV laser diode market growth.

Visible and UV laser diodes experienced a rise in adoption for medical applications to treat several skin diseases such as acne, fine lines, and psoriasis. According to the American Academy of Dermatology Association, acne is the most common type of skin disease found across the US.

Approximately 50 million Americans annually are detected with acne, and some of the other common skin diseases found across the region include atopic dermatitis, psoriasis, and rosacea. According to the organization, approximately 7.5 million people annually and 16 million people annually develop psoriasis and rosacea, respectively, across North America.

Over the years, UV laser diodes have emerged as an efficient treatment option for the above-mentioned skin diseases where dermatologists use UV laser diodes to treat the diseases by reducing the redness of the skin. Thus, the rise in prevalence of such skin diseases across North America further is influencing the growth of the visible and UV laser diode market.

OSRAM International GmbH, OSI LaserDiode, TRUMPF, Nichia Corporation, and Newport Corporation hold a significant percentage of the visible and UV laser diode market share.

Key Topics Covered:

1. Introduction

1.1 Study Scope

1.2 Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Visible and UV Laser Diode Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Visible and UV Laser Diode Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Adoption across the Automotive Sector

5.1.2 Increase in Uptake of Multi-mode Diode Laser

5.2 Market Restraints

5.2.1 Uptake of LEDs over UV Laser Diodes

5.3 Market Opportunities

5.4 Future Trends

5.4.1 Rising Uptake of Visible and UV Laser Diodes in Medical Applications

5.5 Impact Analysis of Drivers and Restraints

6. Visible and UV Laser Diode Market - Global Market Analysis

6.1 Global Visible and UV Laser Diode Market Overview

6.2 Global Visible and UV Laser Diode Market Revenue Forecast and Analysis

6.3 Market Positioning - Five Key Players

7. Visible and UV laser diode Market Analysis - by Doping Material

7.1 Overview

7.2 Visible and UV laser diode Market, by Doping Material (2020 And 2028)

7.3 AlGaInP

7.3.1 Overview

7.3.2 AlGaInP: Visible and UV laser diode Market Revenue and Forecast To 2028 (US$ Million)

7.4 GaN

7.5 InGaN

8. Global Visible and UV laser diode Market Analysis - Mode

8.1 Overview

8.2 Visible and UV laser diode Market, Mode (2020 And 2028)

8.3 Single Mode

8.3.1 Overview

8.3.2 Single Mode: Visible and UV laser diode Market Revenue and Forecast To 2028 (US$ Million)

8.4 Multi-Mode

9. Global Visible and UV laser diode Market Analysis - By Application

9.1 Overview

9.2 Visible and UV Laser Diode Market, By Application (2020 and 2028)

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial: Visible and UV laser diode Market Revenue and Forecast To 2028 (US$ Million)

9.4 Defense

9.5 Scientific and Medical

9.6 Others

10. Visible and UV Laser Diode Market - Geographic Analysis

11. Visible and UV Laser Diode market - COVID-19 Impact Analysis

11.1 Overview

11.2 Impact of COVID-19 Pandemic on Global Visible and UV Laser Diode Market

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

• ASML Holding N.V
• Coherent, Inc.
• IPG Photonics
• Newport Corporation
• Nuvoton Technology Corporation
• Jenoptik AG
• Sheaumann Laser Inc.
• Osram Litch AG
• Trumpf Group
• BLUGLASS LIMITED

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