Asia Pacific Visible and UV Laser Diode Market Forecast to 2028

Asia Pacific Visible and UV Laser Diode Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Doping Material (AIGaInP, GaN, and InGaN), Mode (Single Mode and Multi-Mode), and Application (Industrial, Defense, Scientific, and Others)

Report Code : BMIRE00025253 | Region : Asia Pacific | Industry : Electronics and Semiconductor | Published Date : 06/Jul/2022

The visible and UV laser diode market in Asia Pacific is expected to grow from US$ 665.72 million in 2021 to US$ 1,105.82 million by 2028. It is estimated to grow at a CAGR of 7.5% from 2021 to 2028.

The demand for less energy-consuming headlights from automobile manufacturers is propelling the need for laser diode headlights over traditional LED lights. Integrating such low energy-power-consuming lights also lowers the power needs of car batteries. Monochromatic wavelengths are dispersed with phosphor in laser diode applications, creating a more natural illumination than laser alone while maintaining the energy efficiency needed by a car manufacturer or owner. Laser diode light fixtures produce a more focused point of light, improving driving safety and reducing the unpleasant glare produced by halogen lights. Apart from safety applications, laser diodes are also applied for vehicle-to-vehicle communication and manufacturing LIDAR sensors. Thus, the rise in the uptake of laser diodes across vehicle manufacturing is propelling the market's growth significantly.

Moreover, the automotive industry has also experienced a rise in vehicle manufacturing in developed and developing nations. The rise in living standards and increase in the spending capacity of the population across the region is boosting the demand for passenger cars, which, in turn, is influencing the growth of the visible and UV laser diode market . In China, the number of passenger cars is 21,407,962, and the number of commercial vehicles is 4,674,258. In Japan, the number of passenger cars is 6,619,242, and the number of commercial vehicles is 1,227,713. Similarly, in India, the number of passenger cars is 3,631,095, and the number of commercial vehicles is 768,017.

Thus, the rise in the manufacturing of passenger and commercial vehicles is positively impacting the demand for laser diodes, thereby driving the APAC visible and UV laser diode market.

Asia Pacific Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Visible and UV Laser Diode Market Segmentation

The Asia Pacific visible and UV laser diode market is analyzed on the basis of doping material, mode, application, and country. Based on doping material, the market can be segmented into AlGaInP, GaN, and InGaN. In 2020, the AlGaInP segment held the largest share in the market. Based on mode, the market is segmented into single-mode and multi-mode. In 2020, the single-mode segment held a larger share in the market. Based on the application, the market is categorized into industrial, defense, scientific, and others. In 2020, the industrial segment held the largest share in the market.

Based on country, the Asia Pacific visible and UV laser diode market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China held the largest share in the Asia Pacific visible and UV laser diode market in 2020.

ASML Holding NV; Coherent, Inc.; IPG Photonics; Jenoptik AG; Newport Corporation; Nuvoton Technology Corporation; Osram Litch AG; and Trumpf Group are the leading companies in the regional market.

Industrial Segment to Dominate Asia-Pacific Visible and UV Laser Diode Market during 2019–2028

According to a new market research study on “Asia-Pacific Visible and UV Laser Diode Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Doping Material, Mode, and Application, ” is expected to reach US$ 1,105.82 million by 2028 from US$ 665.72 million in 2021. The market is estimated to grow at a CAGR of 7.5% from 2021 to 2028. Rising adoption across the automotive sector is the major factor driving the growth of the Asia-Pacific visible and UV laser diode market . However, uptake of LEDs over UV laser diodes may hinder the growth of Asia-Pacific visible and UV laser diode market . The report provides trends prevailing in the Asia-Pacific visible and UV laser diode market along with the drivers and restraints pertaining to the market growth.

The Asia-Pacific visible and UV laser diode market is segmented into doping material, mode, application, and country . Based on doping material, the Asia-Pacific visible and UV laser diode market can be segmented into a AlGaInP, GaN, and InGaN. In 2020, the AlGaInP segment held the largest share Asia-Pacific visible and UV laser diode market. On the basis of mode, the Asia-Pacific visible and UV laser diode market is segmented into single mode and multi-mode. In 2020, the single mode segment held the largest share Asia-Pacific visible and UV laser diode market. On the basis of application, the Asia-Pacific visible and UV laser diode market is categorized into industrial, defense, scientific, and others. In 2020, the industrial segment held the largest share Asia-Pacific visible and UV laser diode market. Asia-Pacific visible and UV laser diode market, based on country, is segmented into Australia, China, India, Japan, South Korea, and the rest of Asia-Pacific. China held the largest share Asia-Pacific visible and UV laser diode market.

ASML Holding N.V; BLUGLASS LIMITED; Coherent, Inc.; IPG Photonics; Jenoptik AG; Newport Corporation; Nuvoton Technology Corporation; Osram Litch AG; and Trumpf Group are among the leading companies in the Asia-Pacific visible and UV laser diode market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2022, BluGlass Limited, an Australian semiconductor company, has agreed to pay US$2.5 million for a commercial Silicon Valley laser diode production facility lease and manufacturing equipment (the Fab). BluGlass' growth plan will be accelerated by the acquisition, which will greatly increase its laser diode manufacturing capacity and move forward higher-value product development deadlines.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Visible and UV Laser Diode Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 APAC

4.3 Expert Opinions

5. APAC Visible and UV Laser Diode Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Adoption across the Automotive Sector

5.1.2 Increase in Uptake of Multi-mode Diode Laser

5.2 Market Restraints

5.2.1 Uptake of LEDs over UV Laser Diodes

5.3 Market Opportunities

5.4 Future Trends

5.4.1 Rising Uptake of Visible and UV Laser Diodes in Medical Applications

5.5 Impact Analysis of Drivers and Restraints

6. Visible and UV Laser Diode Market– APAC Market Analysis

6.1 APAC Visible and UV Laser Diode Market Overview

6.2 APAC Visible and UV Laser Diode Market Revenue Forecast and Analysis

7. APAC Visible and UV Laser Diode Market Analysis – by Doping Material

7.1 Overview

7.2 APAC Visible and UV Laser Diode Market, By Doping Material (2020 And 2028)

7.3 AlGaInP

7.3.1 Overview

7.3.2 AlGaInP: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

7.4 GaN

7.4.1 Overview

7.4.2 GaN: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

7.5 InGaN

7.5.1 Overview

7.5.2 InGaN: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

8. APAC Visible and UV Laser Diode Market Analysis – by Mode

8.1 Overview

8.2 APAC Visible and UV Laser Diode Market, Mode (2020 and 2028)

8.3 Single Mode

8.3.1 Overview

8.3.2 Single Mode: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

8.4 Multi-Mode

8.4.1 Overview

8.4.2 Multi-Mode: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

9. APAC Visible and UV Laser Diode Market Analysis – by Application

9.1 Overview

9.2 APAC Visible and UV Laser Diode Market, By Application (2020 and 2028)

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

9.4 Defense

9.4.1 Overview

9.4.2 Defense: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

9.5 Scientific

9.5.1 Overview

9.5.2 Scientific: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

10. APAC Visible and UV Laser Diode Market – Country Analysis

10.1 Overview

10.1.1 APAC: Visible and UV Laser Diode Market, by Key Country

10.1.1.1 Australia: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Australia: Visible and UV Laser Diode Market, by Doping Material

10.1.1.1.2 Australia: Visible and UV Laser Diode Market, by Mode

10.1.1.1.3 Australia: Visible and UV Laser Diode Market, by Application

10.1.1.2 China: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 China: Visible and UV Laser Diode Market, by Doping Material

10.1.1.2.2 China: Visible and UV Laser Diode Market, by Mode

10.1.1.2.3 China: Visible and UV Laser Diode Market, by Application

10.1.1.3 India: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 India: Visible and UV Laser Diode Market, by Doping Material

10.1.1.3.2 India: Visible and UV Laser Diode Market, by Mode

10.1.1.3.3 India: Visible and UV Laser Diode Market, by Application

10.1.1.4 Japan: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Japan: Visible and UV Laser Diode Market, by Doping Material

10.1.1.4.2 Japan: Visible and UV Laser Diode Market, by Mode

10.1.1.4.3 Japan: Visible and UV Laser Diode Market, by Application

10.1.1.5 South Korea: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 South Korea: Visible and UV Laser Diode Market, by Doping Material

10.1.1.5.2 South Korea: Visible and UV Laser Diode Market, by Mode

10.1.1.5.3 South Korea: Visible and UV Laser Diode Market, by Application

10.1.1.6 Rest of APAC: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC: Visible and UV Laser Diode Market, by Doping Material

10.1.1.6.2 Rest of APAC: Visible and UV Laser Diode Market, by Mode

10.1.1.6.3 Rest of APAC: Visible and UV Laser Diode Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

12. Company Profiles

12.1 ASML

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Coherent, Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 IPG Photonics Corporation

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Newport Corporation

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Nuvoton Technology Corporation

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Jenoptik AG

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 OSRAM International GmbH

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 TRUMPF

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 BLUGLASS LIMITED

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Australia: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.             China: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 6.             China: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 7.             China: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             India: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 10.          India: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Japan: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Japan: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Japan: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          South Korea: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 15.          South Korea: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 16.          South Korea: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of APAC: Visible and UV Laser Diode Market, by Doping Material – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of APAC: Visible and UV Laser Diode Market, by Mode – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of APAC: Visible and UV Laser Diode Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           APAC Visible and UV Laser Diode Market Segmentation

Figure 2.           APAC Visible and UV Laser Diode Market Segmentation – by Country

Figure 3.           APAC Visible and UV Laser Diode Market Overview

Figure 4.           APAC Visible and UV Laser Diode Market, by Doping Material

Figure 5.           APAC Visible and UV Laser Diode Market, by Mode

Figure 6.           APAC Visible and UV Laser Diode Market, by Application

Figure 7.           APAC Visible and UV Laser Diode Market, by Country

Figure 8.           APAC PEST Analysis

Figure 9.           APAC Visible and UV laser diode Market- Ecosystem Analysis

Figure 10.        APAC Visible and UV Laser Diode Market: Impact Analysis of Drivers and Restraints

Figure 11.        APAC Visible and UV Laser Diode Market Revenue Forecast and Analysis (US$ Million)

Figure 12.        APAC Visible and UV Laser Diode Market , By Doping Material (2020 and 2028)

Figure 13.        AlGaInP: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        GaN: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        InGaN: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Visible and UV Laser Diode Market , Mode (2020 and 2028)

Figure 17.        Single Mode: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Multi-Mode: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC Visible and UV Laser Diode Market, By Application (2020 and 2028)

Figure 20.        Industrial: APAC Visible and UV laser diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Defense: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Scientific: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Others: APAC Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        APAC: Visible and UV Laser Diode Market, by key Country – Revenue (2020) (US$ Million)

Figure 25.        APAC: Visible and UV Laser Diode Market Revenue Share, by Key Country (2020 and 2028)

Figure 26.        Australia: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        China: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        India: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Japan: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        South Korea: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Rest of APAC: Visible and UV Laser Diode Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies - Asia Pacific Visible and UV Laser Diode Market

● ASML Holding N.V

● BLUGLASS LIMITED

● Coherent, Inc.

● IPG Photonics

● Jenoptik AG

● Newport Corporation

● Nuvoton Technology Corporation

● Osram Litch AG

● Trumpf Group

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific Visible and UV Laser Diode Market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific Visible and UV Laser Diode Market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the Visible and UV Laser Diode Market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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