Global Laser Diode Controller Market 2017-2021

Overview of the global laser diode controller market

Market research analysts at Technavio predict that the global laser diode controller market will grow steadily at a CAGR of close to 6% by 2021. This market research analysis identifies the increasing need for precise operation in medical-based applications as one of the primary growth factors for this market. Laser diodes find a wide range of applications in the healthcare segment, including body contouring, hair removal, optical coherence tomography (OCT), LASIK, skin resurfacing, tattoo removal, and wrinkle reduction. Laser diodes can focus the beam with better precision, preventing damage to the surrounding tissues. Moreover, the applications of laser diodes are also increasing in spine surgery, cardiovascular surgery, and cataract surgery. Therefore, the growing adoption of laser diodes in the healthcare industry, and the need for testing and measuring these laser diodes are driving the growth of the laser diode controller market.

The growing adoption in telecommunication is one of the latest trends that will gain traction in the laser diode controller market in the coming years. Owing to technological advances, semiconductor manufacturers are using new processes and design technologies to manufacture small and powerful devices at a low cost and incorporating advanced laser systems in the manufacturing process. Laser diodes can easily be modulated in phase, frequency, amplitude, and polarization and coupled with different light sources. Additionally, these laser diodes are very concentrated, intense, parallel, and emit monochromatic beams and have been used in telecommunication and optical storage applications since a very long time. Therefore, they are witnessing an increasing adoption within telecommunication applications in the laser diode driver market.

Competitive landscape and key vendors

The global laser diode controller market is consolidation and is characterized by the presence of well-diversified international, regional, and local vendors. HIgh powered laser manufacturers in the market are competing based on cost, performance, product innovation, and service and support. The entry barriers to the market are high because of the intense competition, strong position of the existing players in the market and vendors are focusing on adopting expansion strategies, such as M&A, to maintain their dominant positions in the laser diode driver market.

The leading vendors in the market are -

• MKS Instruments
• Stanford Research Systems
• Thorlabs

The other prominent vendors in the market include Arroyo Instruments, iC-Haus, and QPhotonics.

Segmentation by application and analysis of the laser diode controller market

• Industrial applications
• Communication and optical storage applications
• Military and defense applications
• Medical applications
• Instrumentation and sensor applications

During 2016, the industrial applications segment accounted for the major shares of the laser diode driver market. Laser diodes have high efficiency, power, and brightness. Therefore, they are used for cutting metals and welding plastics. The other applications of laser diodes are plastic welding, brazing, ablation, soldering, and surface hardening and are witnessing a high demand from the industrial segment. This is expected to drive the growth of the laser diode controller market.

Geographical segmentation and analysis of the laser diode controller market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the laser diode controller market by 2021. The demand for laser diodes is expected to be driven by the presence of a large number of consumer electronic manufacturers in South Korea, Taiwan, and China and the growing demand for consumer electronics owing to technological advances and the increase in disposable income.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global laser diode controller market?
• What are the key market trends impacting the growth of the global laser diode controller market?
• What are the challenges to market growth?
• Who are the key vendors in the global laser diode controller market?
• What are the market opportunities and threats faced by the vendors in the global laser diode controller market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global laser diode controller market?

Technavio also offers customization on reports based on specific client requirement.

Laser diode controllers are instruments used to modulate the current and temperature of laser diodes. It also provides a constant current source for the laser diodes. This upcoming industry research report by Technavio is an essential part of the hardware and semiconductor industry and also gives insights into fast-growth sectors like embedded systems, computing devices, and human-machine interface. Additionally, Technavio's reports also offer crucial information on all the prominent vendors in the hardware and semiconductor industry.

To precisely forecast the embedded systems industry's growth prospects, our market research specialists conform to a triangulated research comprising of qualitative and quantitative techniques and also conduct an extensive analysis of the demand-supply shifts for diverse markets across the globe. To help clients prepare new concepts for growth, our upcoming industry research report on the global laser diode controller market for the period of 2017 to 2021 discloses practical insights conceived from the data gathered from sources of intelligence such as channel partners, manufacturers, regulatory bodies, and stakeholders.

This upcoming report on the global laser diode controller market also takes into consideration the growth of related markets like discrete diode and light-emitting diode lighting module, which are expected to grow at a CAGR of about 5% and almost 20%, respectively by the year 2021. According to our industry analysts, the increasing use of laser diodes in telecommunication and military segments will augment the growth of the embedded systems market in the next few years.

This upcoming report for the global laser diode controller market enlists the market challenges, drivers, and the current trends in the hardware and semiconductor industry, and also reveals insightful overviews into the markets of displays, semiconductor equipment, and sensors.