Semiconductor Laser Market by Application and Geography - Forecast and Analysis 2020-2024

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR43374
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The semiconductor laser market size is expected to grow by USD 1.84 billion and record a CAGR of 4.52% during 2020-2024.

This post-pandemic semiconductor laser market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this semiconductor laser market analysis report, key drivers such as growth in demand for consumer devices have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges that will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Semiconductor Laser Market Size be in 2020?

Semiconductor-Laser-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Semiconductor Laser Market?

The semiconductor laser market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • 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.

 

The semiconductor laser market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This semiconductor laser market report further entails segmentations by application (communication, industrial, military and defense, medical, and others) and geography (APAC, Europe, North America, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Semiconductor Laser Market?

Semiconductor-Laser-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2020-2024, owing to which the region should offer several growth opportunities to market vendors. The increase in demand for laser-based headlamps in automobiles will significantly influence semiconductor laser market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for semiconductor laser market in the region. This report provides estimations of the contribution of all regions to the growth of the semiconductor laser market size.

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What are the Key Factors Covered in this Semiconductor Laser Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive semiconductor laser market growth during the next five years
  • Precise estimation of the semiconductor laser market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the semiconductor laser industry across APAC, Europe, North America, South America, and MEA
  • A thorough 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

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Semiconductor Laser Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

USD 1.84 billion

Market structure

Fragmented

YoY growth (%)

3.73

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 37%

Key consumer countries

China, US, Japan, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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 and TRUMPF GmbH + Co. KG.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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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
      • Volume driver - Demand led growth
      • Market challenges
      • Market 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

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The semiconductor laser market growth will increase by $1845.19 million during 2019-2024.
      The semiconductor laser market is expected to grow at a CAGR of 4.52% during 2019-2024.
      Technavio has segmented the semiconductor laser market by application (Communication, Industrial, Military and defense, Medical, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
      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 are a few of the key vendors in the semiconductor laser market.
      APAC will register the highest growth rate of 37.48% among the other regions. Therefore, the semiconductor laser market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the semiconductor laser market growth are:
      • Growth in demand for consumer devices
      The semiconductor laser market vendors should focus on grabbing business opportunities from the communication segment as it accounted for the largest market share in the base year.
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