Authored By: Sarah
30 Jun 2024

 Blue Laser Diode Market Size to grow by USD 334.9 million between 2024-2028

According to a research report “ Blue Laser Diode Market” by Type (Single-mode, Multi-mode) Application (Bio/medical, Laser projectors and scanner, Blu-ray devices, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 334.9 million, at a CAGR of  15.2% during the forecast period. The blue laser diode market is experiencing significant growth due to the adoption of innovative technologies in laser projector systems by leading vendors. To enhance display quality and support 4K content, companies are transitioning from traditional lamp-based projectors to laser phosphor models. Blue laser diodes are integral to this technology, as they serve as the light source for the phosphor wheel, generating red, green, and blue colors on the screen. This shift towards laser phosphor technology is a key growth driver for the blue laser diode market.

Browse market data tables, figures, and in-depth TOC on “Blue Laser Diode Market” by Type (Single-mode, Multi-mode) Application (Bio/medical, Laser projectors and scanner, Blu-ray devices, Others) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Type, the Single-mode segment is projected to dominate the market size in 2024

The blue laser diode market's largest market share in 2023 was held by the bio/medical sector. This trend is projected to persist throughout the forecast period. Blue laser diodes, semiconductor devices generating blue light, are extensively utilized in the biomedical industry. Applications include dermatology, wound management, and surgical procedures. In wound management, blue lasers facilitate minimally invasive treatments for skin ulcers with reduced scarring. Notably, their application in neurosurgery, ophthalmology, and orthopedic surgery is experiencing substantial growth.

By Application, Bio/medical  segment is expected to hold the largest market size for the year 2024

In the global blue laser diode market, single-mode diodes hold a substantial market share, owing to their smaller size and resulting higher light intensity. This size advantage stems from the precise design of their waveguides, engineered to accommodate only one mode in both transverse and longitudinal directions. This feature is particularly valuable in applications such as Blu-Ray discs and DVD players, where single-mode blue laser diodes deliver superior performance, enabling high-definition data reading and storage. The growing adoption of these advanced technologies is expected to fuel the demand for single-mode blue laser diodes in the coming years.

North America is forecasted to hold the largest market size by region in 2024

The Blue Laser Diode market represents a significant growth opportunity for businesses in the optoelectronics industry. These advanced diodes offer superior performance and efficiency, making them indispensable in various applications such as Blu-ray disc players, 3D sensing, and UV curing. Market trends indicate a steady increase in demand due to expanding applications and technological advancements. Businesses looking to capitalize on this growth should closely monitor market dynamics and invest in innovative solutions.

The Blue Laser Diode Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • ams OSRAM AG
  • Coherent Inc.
  • Egismos Technology Corp.
  • Exaktera LLC
  • Frankfurt Laser Co.
  • IADIY Photonics
  • Laser Components GmbH
  • Laserex Technologies Pty Ltd.
  • Laserline GmbH
  • Nichia Corp.
  • NUBURU Inc.
  • Omicron-Laserage Laserprodukte GmbH
  • Panasonic Holdings Corp.
  • Renesas Electronics Corp.
  • RPMC Lasers Inc.
  • Sharp Corp.
  • Tomorrows System Sp zoo
  • TOPTICA Photonics AG
  • Ushio Inc.
  • Vortran Laser Technology Inc.
.

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Research Analysis Overview

The Blue Laser Diode market is witnessing significant growth due to its applications in various industries, including metals processing for precision cutting, data centers for broadband communication systems in the telecommunication industry, and medical applications. Blue Laser Diodes (BLDs) are semiconductor lasers that emit light in the blue part of the spectrum, making them essential components in fiber lasers and other applications where high-power, short-wavelength lasers are required. BLDs are typically made of Gallium Aluminum Arsenide (GaAlAs) or other rare earth metals such as Ytterbium, Erbium, Chromium, and Neodymium. The demand for BLDs is driven by the increasing adoption of fiber lasers in metal cutting applications and the growth of the telecommunication industry, which relies on broadband communication systems. Leading players in the Blue Laser Diode market include Hamamatsu Photonics, a Japanese company known for its expertise in laser technology. Hamamatsu offers a wide range of BLDs for various applications, including IR and UV lasers. The company's blue laser diodes are used in fiber lasers for cutting and welding applications, as well as in various medical devices. Overall, the Blue Laser Diode market is expected to continue growing due to the increasing demand for high-performance lasers in various industries.

Market Research Overview

The Blue Laser Diode market encompasses a range of semiconductor lasers, including those based on AIGaInP, GaN, and InGaN. These lasers are used in various applications such as ultraviolet (UV) and visible laser diodes, VCSEL diodes for illumination, target selection, range finding, and more. The superior brightness and high reliability of blue laser diodes make them ideal for use in LIDAR systems, which are essential for autonomous vehicles, LiDAR systems, and motion control equipment. Blue laser diodes are also used in solid state systems as pump sources and in LIDAR systems for 3D map creation, cameras, and data processing electronics. In the field of medical applications, blue laser diodes find use in various procedures due to their coherence, monochromaticity, and directionality. The market for blue laser diodes also includes the fiber laser market and the semiconductor laser diode market. Blue laser diodes are used in a variety of industries, including the telecommunication industry for broadband communication systems, data centers, and the manufacturing sector for precision cutting, welding, and intrusion detection systems. Doping materials such as rare earth metals like Ytterbium, Erbium, Chromium, and Neodymium are used in the production of blue laser diodes. Blue laser diodes are available in various wavelengths and output powers, making them suitable for a wide range of applications in the Infrared (IR) and visible spectrum. Despite their advantages, blue laser diodes face challenges such as limitations in bad weather conditions, pulse power, and LIDAR system limitations. However, the market for blue laser diodes continues to grow due to their increasing use in various industries, including autonomous vehicles, radar systems, and optical disk pickup systems. Companies such as Hamamatsu Photonics are at the forefront of blue laser diode technology, offering high-quality products for various applications.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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