The particular laser is widely deployed in fiber optic communications, barcode readers, laser
printing, laser scanning, directional lighting sources, laser pointers, as well as in CD/DVD/Blu-ray
Disc reading and recording. It is said that the light given off by laser diodes can be accustomed to
obtain desired outcomes. In addition, they have been proven quite helpful for aesthetic purposes. A
wide range of applications are associated with the laser diode technology ranging from body
contouring, hair and tattoo removal, LASIK surgery, skin resurfacing to reduction of wrinkles.
The key factors that are responsible for the growth of the market include augmented applications of
laser diodes in a wide range of sectors, advancements in the semiconductor-based technologies,
increasing demands from the healthcare segment, and rise in the industrialization. It has been
anticipated that the Laser Diode Market will undergo a robust growth in the next couple of years
due to augmented scope and applications across the globe.
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Laser Diode Market is segmented on the basis of doping materials as InGaN, GaN, AIGaInP,
GaInAsSb, GaAIAs, GaAs, and others. Among all the doping materials, AIGaInP is covering the largest
share in the market, the reason being rising acceptance in laser pointers and optical disks.
Laser Diode Market is segmented on the basis of wavelength as Near Infrared, Red, Blue, Green and
Others. Others may include ultra-violet, violet, and yellow. Among all the wavelengths, Near
Infrared is the segment that is covering the largest share in the market. Laser Diode Market is
segmented on the basis of application as military, medical, industrial, communication and optical
storage, instrumentation and sensor, and others. Laser Diode Market is segmented on the basis of
geographical location as North America, Europe, Asia-Pacific, South America, and Middle East and
Africa.
As far as the geographical region is concerned, Asia-Pacific is currently deemed as the leading
market across the globe and it is simultaneously taking up the largest share in the market, the
reason being technological advancements, augmented applications across various sectors, and rise
in the industrialization. On the other hand, North America is also emerging as one of the promising