Laser Diode Market is expected to grow at a CAGR of 11.2% by 2025 Laser Diode Market is expected to grow at a CAGR o | Page 2

Laser Diode Market to 2025 Introduction Laser diodes owing to a number of advantageous features offered by them, are rapidly becoming a vital part of modern technology and are being utilized in various applications. Laser marking tool is a reliable technology offering easy assistance and better efficiency. There are several laser marking options available in the market with different specifications and uses. Before the laser technology was introduced, there were several other printing methods in vogue such as acid etching chemicals and ink. However, these technologies do not suit the ever-increasing array of designs and materials nowadays. These traditional marking and engraving methods are now considered to be useless or are prohibited by the government due to their harmful after effects. Thus, new government policies and regulations to dispose traditional markings and replacing them with environment friendly and cleaner laser technology are expected to boost the global market. The global market is classified by doping materials into GaN, AlGaInP, InGaN, GaAlAs and other doping materials (GaAs and GaInAsSb). This report is further classified on the basis of wavelength into red laser diode, blue, IR, blueviolet and others (green and UV ). Lastly, the global market is segmented on the basis of applications into consumer electronics, automotive, military & defense, healthcare and other applications (industrial, instrumentation & sensors, etc.). Browse Complete Report @ http://www.theinsightpartners.com/reports/laser-diode-market Contact Us : [phone]| E-Mail : [email protected]