LONDON--(BUSINESS WIRE)--Technavio has been monitoring the semiconductor laser market and it is poised to grow by USD 1845.19 million during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ASML Holding NV, Coherent Inc., Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., OSRAM Licht AG, Panasonic Corp., ROHM Co. Ltd., Sharp Corp., Sumitomo Electric Industries Ltd., and TRUMPF GmbH + Co. KG. are some of the major market participants. The growth in demand for consumer devices will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growth in demand for consumer devices has been instrumental in driving the growth of the market.
Semiconductor Laser Market 2020-2024: Segmentation
Semiconductor Laser Market is segmented as below:
-
Application
- Communication
- Industrial
- Military and Defense
- Medical
- Others
-
Geography
- APAC
- Europe
- North America
- South America
- MEA
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Semiconductor Laser Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our semiconductor laser market report covers the following areas:
- Semiconductor Laser Market Size
- Semiconductor Laser Market Trends
- Semiconductor Laser Market Industry Analysis
This study identifies increase in demand for laser-based headlamps in automobiles as one of the prime reasons driving the semiconductor laser market growth during the next few years.
Semiconductor Laser Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the semiconductor laser market, including some of the vendors such as ASML Holding NV, Coherent Inc., Hans Laser Technology Industry Group Co. Ltd., IPG Photonics Corp., OSRAM Licht AG, Panasonic Corp., ROHM Co. Ltd., Sharp Corp., Sumitomo Electric Industries Ltd., and TRUMPF GmbH + Co. KG. Backed with competitive intelligence and benchmarking, our research reports on the semiconductor laser market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Semiconductor Laser Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist semiconductor laser market growth during the next five years
- Estimation of the semiconductor laser market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the semiconductor laser market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of semiconductor laser market vendors
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Communication - Market size and forecast 2019-2024
- Industrial - Market size and forecast 2019-2024
- Military and defense - Market size and forecast 2019-2024
- Medical - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Driver, Challenges and Trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ASML Holding NV
- Coherent Inc.
- Hans Laser Technology Industry Group Co. Ltd.
- IPG Photonics Corp.
- OSRAM Licht AG
- Panasonic Corp.
- ROHM Co. Ltd.
- Sharp Corp.
- Sumitomo Electric Industries Ltd.
- TRUMPF GmbH + Co. KG
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
