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Laser Diode Market Is Expected To Surpass US$ 41.6Mn By The End Of 2028

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Laser Diode Market Is Expected To Surpass US$ 41.6Mn By The End Of 2028

The Laser Diode Market has seen increasing integration into consumer electronic devices. Laser diodes are commonly used in optical storage systems, such as DVD and Blu-ray players, providing high-density data reading and writing capabilities. Additionally, laser diodes find applications in displays, such as projectors and laser TVs, offering enhanced color accuracy, brightness, and energy efficiency compared to traditional light sources. The rise of augmented reality (AR) and virtual reality (VR) technologies also relies on laser diodes for precise tracking and projection.


Several innovations have contributed to the growth and expansion of the Laser Diode Market. One notable development is the advent of blue and green laser diodes. Blue laser diodes, based on gallium nitride (GaN) technology, have enabled advancements in high-definition optical storage and high-quality laser projection systems. Green laser diodes, typically based on indium gallium nitride (InGaN), have opened up new possibilities for displays and laser-based lighting applications.


Another significant innovation is the development of vertical-cavity surface-emitting lasers (VCSELs). VCSELs offer advantages such as low power consumption, small form factor, and high beam quality, making them suitable for various applications. They are commonly used in facial recognition systems in smartphones, gesture recognition systems, 3D sensing for augmented reality, and optical interconnects for data centers.


Major Companies involved are ASML Holding NV, Trumpf GmbH + Co. KG, Axcel Photonics, Inc., Sumitomo Electric Industries, Ltd., Coherent Inc., Sharp Corporation, Rofin-Sinar Technologies Inc., IPG Photonics Corp., and Newport Corp.


Read More- https://cmi-latestreportorientedblogs.blogspot.com/2023/05/laser-diode-market-have-increased-usage.html


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