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North America Laser Diode Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The North America laser diode market reached a value of US$ 2.1 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A laser diode is a semiconductor device, which exhibits similar properties to that of a light-emitting diode (LED). It emits coherent light in the infrared (IR) or visible spectrum when current passes through it. The light is generated by utilizing a p-n junction with the ‘Light Amplification by Stimulated Emission of Radiation’, or ‘LASER’ procedure. A laser diode light consists of a single frequency, which makes it possible to focus this light to a very small point by using a lens system. This does not result in any chromatic aberration as all the energy from the light source is concentrated to a minute spot. Laser diodes or semiconductor lasers are more efficient, which makes them an ideal solution for numerous devices, such as barcode readers, autonomous vehicles, laser printers, fiber optic communications and security systems.

The North America laser diode market is currently being driven by several factors. A surge in R&D activities, particularly in the military and defense industries, has propelled the demand for laser diode in the region. Apart from this, increasing application of semiconductor laser diodes in the healthcare sector is one of the major market drivers. Laser diode is widely used in cosmetic procedures, body contouring, hair removal, LASIK surgery, OCT, skin resurfacing, tattoo removal, wrinkle reduction, pigmentation reduction, etc. Moreover, the increasing demand for laser diodes in the electronics, automotive and aerospace industries has also induced the market growth. Furthermore, the presence of telecom laser firms, which employ laser diode as a major component, has also spurred the demand. Several benefits, such as compact size, high electrical efficiency, low maintenance, and short wavelength of laser diode, have also induced its demand in the material processing industry.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America laser diode market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on type and application.

  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Type
    • Injection Laser Diode (ILD)
    • Optically Pumped Semiconductor Laser (OPSL)
       
  • Market by Application
    • Optical Storage and Communication
    • Industrial Applications
    • Medical Applications
    • Military and Defence Applications
    • Instrumentation and Sensor Applications
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles
       

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Application, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the North America laser diode market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America laser diode market?
  • What has been the impact of COVID-19 on the North America laser diode market?
  • What is the breakup of the North America laser diode market on the basis of type?
  • What is the breakup of the North America laser diode market on the basis of application?
  • What are the various stages in the value chain of the North America laser diode industry?
  • What are the key driving factors and challenges in the North America laser diode industry?
  • What is the structure of the North America laser diode industry and who are the key players?
  • What is the degree of competition in the North America laser diode industry?
  • What are the profit margins in the North America laser diode industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Laser Diode Market
    5.1    Market Performance
    5.2    Market Breakup by Type
    5.3    Market Breakup by Application 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6   North America Laser Diode Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast 
7   North America Laser Diode Market: Breakup by Type 
    7.1    Injection Laser Diode (ILD)
    7.2    Optically Pumped Semiconductor Laser (OPSL)
8   North America Laser Diode Market: Breakup by Application
    8.1    Optical Storage and Communication
    8.2    Industrial Applications
    8.3    Medical Applications
    8.4    Military and Defense Applications
    8.5    Instrumentation and Sensor Applications
    8.6    Others
9   North America Laser Diode Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Type
     9.1.3    Market Breakup by Application
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Type  
     9.2.3    Market Breakup by Application
     9.2.4    Market Forecast
10  SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis 
    11.1    Overview
    11.2    Research and Development
    11.3    Raw Material Procurement
    11.4    Manufacturing
    11.5    Marketing
    11.6    Distribution
    11.7    End-Use
12  Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13  Price Analysis 
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players


List of Figures

Figure 1: Global: Laser Diode Market: Sales Value (in Billion US$), 2015-2020
Figure 2: Global: Laser Diode Market: Breakup by Type (in %), 2020
Figure 3: Global: Laser Diode Market: Breakup by Application (in %), 2020
Figure 4: Global: Laser Diode Market: Breakup by Region (in %), 2020
Figure 5: Global: Laser Diode Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6: North America: Laser Diode Market: Sales Value (in Billion US$), 2015-2020
Figure 7: North America: Laser Diode Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: North America: Laser Diode Market: Breakup by Type (in %), 2020
Figure 9: North America: Laser Diode (Injection Laser Diode) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: North America: Laser Diode (Injection Laser Diode) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: North America: Laser Diode (Optically Pumped Semiconductor Laser) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: North America: Laser Diode (Optically Pumped Semiconductor Laser) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: North America: Laser Diode Market: Breakup by Application (in %), 2020
Figure 14: North America: Laser Diode (Optical Storage and Communication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: North America: Laser Diode (Optical Storage and Communication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: North America: Laser Diode (Industrial Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: North America: Laser Diode (Industrial Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: North America: Laser Diode (Medical Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: North America: Laser Diode (Medical Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: North America: Laser Diode (Military and Defense Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: North America: Laser Diode (Military and Defense Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Laser Diode (Instrumentation and Sensor Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Laser Diode (Instrumentation and Sensor Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Laser Diode (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Laser Diode (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Laser Diode Market: Breakup by Country (in %), 2020
Figure 27: United States: Laser Diode Market: Sales Value (in Million US$), 2015-2020
Figure 28: United States: Laser Diode Market: Breakup by Type (in %), 2020
Figure 29: United States: Laser Diode Market: Breakup by Application (in %), 2020
Figure 30: United States: Laser Diode Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Canada: Laser Diode Market: Sales Value (in Million US$), 2015-2020
Figure 32: Canada: Laser Diode Market: Breakup by Type (in %), 2020
Figure 33: Canada: Laser Diode Market: Breakup by Application (in %), 2020
Figure 34: Canada: Laser Diode Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: North America: Laser Diode Industry: SWOT Analysis
Figure 36: North America: Laser Diode Industry: Value Chain Analysis
Figure 37: North America: Laser Diode Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: Laser Diode Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Laser Diode Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: North America: Laser Diode Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: North America: Laser Diode Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 5: North America: Laser Diode Market: Competitive Structure
Table 6: North America: Laser Diode Market: Key Players

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