How big is the Semiconductor Laser Market?

The Semiconductor Laser Market size is expected to reach USD 8.24 billion in 2024 and grow at a CAGR of 13.40% to reach USD 15.45 billion by 2029. Read More

What is the current Semiconductor Laser Market size?

In 2024, the Semiconductor Laser Market size is expected to reach USD 8.24 billion. Read More

Who are the key players in Semiconductor Laser Market?

Coherent Corporation, Sharp Corporation, Nichia Corporation, IPG Photonics Corporation and TT Electronics are the major companies operating in the Semiconductor Laser Market. Read More

Which is the fastest growing region in Semiconductor Laser Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Semiconductor Laser Market?

In 2024, the Asia Pacific accounts for the largest market share in Semiconductor Laser Market. Read More

What years does this Semiconductor Laser Market cover, and what was the market size in 2023?

In 2023, the Semiconductor Laser Market size was estimated at USD 7.14 billion. The report covers the Semiconductor Laser Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Semiconductor Laser Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Semiconductor Laser Market Share

Statistics for the 2023 & 2024 Semiconductor Laser market share, created by Mordor Intelligence™ Industry Reports. Semiconductor Laser share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Semiconductor Laser Industry

The Semiconductor Laser market is highly fragmented, with the presence of major players like Coherent Corporation, Sharp Corporation, Nichia Corporation, IPG Photonics Corporation, and TT Electronics. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

November 2023 - ROHM developed a high-power laser diode, the RLD90QZW8. It is ideal for industrial equipment and consumer applications requiring distance measurement and spatial recognition.
September 2023 - IPG Photonics Corporation announced the launch of a New Dual-Beam Laser with the Highest Single-Mode Core Power at The Battery Show in Novi, Michigan. It offers unprecedented speed and productivity improvements for battery welding with spatter-free welding speeds up to 2X faster than possible with lower core powers.