- The Laser Diode is a semiconductor device similar to a light-emitting diode (LED) that uses p-n junction to emit coherent light in which all the waves are at the same frequency and phase
- A single-mode laser diode is a type of laser diode that produces a single output wavelength. It operates on a single kind of transverse resonator mode, which is called the Gaussian mode.
- Single-mode lasers generally provide less overall power than multimode diodes; however, the narrow active area allows for higher power density and lower capacitance, enabling for rapid switching and making them well-suited for high-speed applications
- The capacitance value of the single-mode laser diode is low, which propels the demand for single-mode laser diode. Rising adoption of single-mode laser diode in industrial and commercial sectors is propelling the market.
- Single-mode lasers are used in OTDR, LiDAR, free space communications, material processing, analytical instrumentation, network test equipment, surgery, gas detection, etc.
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Rising Demand for Single Mode Laser Diode in Healthcare Industries
- Based on end-use industry, the market can be segmented into automotive, IT and telecommunication, healthcare, aerospace and defense, industrial, and others
- The healthcare segment is estimated to expand at a rapid pace during the forecast period due to the increasing use of single mode laser diode for dental, surgery, varicose veins treatment, wellness, aesthetics, and therapy
- Single mode laser diode is also used in cosmetic surgery, which includes surgical and non-surgical procedures to improve the appearance by reshaping and enhancing the body structure. This further propels the market.
- Furthermore, single-mode laser diode provides unique levels of power and wavelength scalability that combine to support a very wide range of medical applications, which in turn is also propelling the demand for single mode laser diode in the healthcare industry.
Asia Pacific to Lead Global Single Mode Laser Diode Market
- In terms of region, the global single mode laser diode market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- Asia Pacific dominated the global market due to the widespread presence of electronics and automobile manufacturers and an increase in the buying power of consumers in the region. Increasing penetration of smartphones and digitization of business processes are fueling the adoption of single mode laser diodes in consumer electronics and automotive sectors. Innovation in technologies are also expected to increase the demand for single mode laser diode.
- The market in North America is likely to expand at a steady pace during the forecast period due to less competition in the market in the region.
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Key Players Operating in Global Single Mode Laser Diode Market
Key players operating in the global single mode laser diode market include:
- Sheaumann Laser, Inc.
- TOPTICA Photonics AG
- SemiNex Corporation
- Lumics GmbH
- Changchun New Industries Optoelectronics Tech. Co., Ltd. (CNI)
- Newport Corporation
- Ondax, Inc
- AP Technologies Ltd
- NICHIA CORPORATION
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