27 November 2017
Market for 405nm laser diodes growing at 8.5% CAGR to $1857.29m in 2025
The 405nm laser diode market was $904.46m in 2016, and will increase at a compound annual growth rate (CAGR) of 8.5% to $1857.29m in 2025, forecasts a new report from Research N Reports.
By product type, the market is segmented into: below 30mW; 30-60mW; 60-90mW; 90-200mW; and more than 200mW. Of these, the sub-30mW segment is expected to comprise the largest share. By application, the communications & optical storage segment is expected to be dominant throughout the forecast period. By mode, the single-mode segment is expected to comprise the largest share for the next few years.
Demand for 405nm laser diodes in dentistry is expanding and is expected to demonstrate notable development during the forecast period. Laser gadgets have been costly and previously had select clinical applications. But lately the enthusiasm for dental laser gadgets has expanded massively, and now laser diodes are thought to be valuable in many aspects of surgery, conservative/operative dentistry, endodontics, dental bleaching, and photodynamic treatment.
By geography, the Asia-Pacific (APAC) comprises the biggest region of the 405nm laser diode market and is expected to grow at a CAGR of over 13% during the forecast period, driven by nations such as Australia, China, India, Japan and South Korea. In particular, the prevalence of consumer electronics buyers in South Korea, Taiwan and China should boost market development.
Key players in the 405nm laser diode market covered in the report include Arima Lasers Corp, DILAS, Egismos Technology Corp, Hamamatsu Photonics K.K., Integrated Optics, Laser Components GmbH, Nichia Corp, Ondax Inc, Osram Opto Semiconductors GmbH, ProPhotonix, Sanyo Electric Co Ltd, Sharp Corp, Sony Semiconductor Solutions Corp, The Optoelectronics Co Ltd, Toptica Photonics Inc and Ushio Inc.