Blue laser diode market 2023-2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 17, 2023 /PRNewswire/ -- According to Technavio, the global blue laser diode market size is estimated to grow by USD 257.25 million from 2022 to 2027. The market is estimated to grow at a CAGR of 13.48% during the forecast period. Moreover, the growth momentum will progress. APAC will account for 38% of the market's growth during the forecast period.

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Global blue laser diode market - Five forces
The global blue laser diode market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Global blue laser diode market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global blue laser diode market - Segmentation assessment

Segment overview
Technavio has segmented the market based on type (single-mode and multi-mode), application (bio/medical, laser projectors and scanner, blue-ray devices, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The market share growth of the single-mode segment will be higher than the other segments during the forecast period. One of the important factors driving the market's growth is the use of single-mode blue laser diodes in Blu-Ray discs and DVD players. A Blu-Ray disc player reads data from a Blu-Ray disc using single-mode blue laser diodes. Due to the smaller spot sizes that allow them to store more data, Blu-Ray discs have a higher density when compared to DVDs and compact discs (CDs). Furthermore, single-mode blue laser diodes offer the high light intensity required to read and write Blu-Ray discs. All such factors will boost the market growth during the forecast period.

Geography Overview
By geography, the global blue laser diode market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the blue laser diode market.

APAC will account for 38% of the market's growth during the forecast period. The region is seeing a growth in demand for laser projectors from commercial businesses, as well as from the film and education industries. Furthermore, the introduction of multi-color lasers and SOLID SHINE technologies is expected to drive growth in the market for blue laser diodes durig the forecast period.

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Global blue laser diode market – Market dynamics

Key factor driving market growth

• The advances in laser projectors are notably driving the market growth.
• One of the main factors driving the growth of the global blue laser diode market is the growing emphasis on integrating cutting-edge technology into laser projectors by projector producers to achieve higher display quality, particularly 4K content. For instance, businesses have started using laser phosphors as a light source instead of conventional bulbs.
• Many of the vendors also provide laser projectors with laser phosphor emitting light from blue laser diodes. In this method, vendors use a blue laser to project red, green, and blue colors to a phosphor wheel.
• The adoption of such technologies in the laser projector industry is likely to drive the global blue laser diode market during the forecast period.

Leading trends influencing the market 

• The growing popularity of high-power blue laser diodes is the primary trend in the market. 
• High-power blue laser diodes are being used widely in various applications, which is expected to drive market growth.
• Powerful blue laser diodes have been created by major suppliers, including USHIO and OSRAM. These powerful blue laser diodes have a maximum output power of 250 W at 450 nm in wavelength. Due to their low heat output, these diodes have high operational efficiency. Due to this, they are able to cut through materials like copper and gold, whereas red or green laser diodes cannot.
• Because of these applications, diodes are being used in optical fiber, 3D printers, and material processing equipment during the forecast period.

Major challenges hindering the market growth

• Declining demand for Blu-Ray disc players and DVD players is the major challenge in the market.
• Blue laser diodes are used by both DVD and Blu-ray disc players. Blue laser diodes are used in these devices to read and write data from Blu-ray or DVD discs.
• With the rise in popularity of portable data storage devices like pen drives and hard disc drives as well as online video streaming services like Netflix and Amazon Prime, the demand for Blu-Ray discs and DVDs for data storage is declining.
• As music and video content are easily accessible online, there is no longer a need for Blu-Ray CDs or DVDs, making it easier for clients to get information directly from the cloud platform. These factors are expected to hinder the growth of the market during the forecast period.

Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this blue laser diode market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the blue laser diode market between 2023 and 2027
• Precise estimation of the size of the blue laser diode market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the blue laser diode market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of blue laser diode market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global blue laser diode market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global blue laser diode market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Single-mode - Market size and forecast 2022-2027
• Exhibit 34: Chart on Single-mode - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Single-mode - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Single-mode - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Single-mode - Year-over-year growth 2022-2027 (%)

• 6.4 Multi-mode - Market size and forecast 2022-2027
• Exhibit 38: Chart on Multi-mode - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Multi-mode - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Multi-mode - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Multi-mode - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 43: Chart on Application - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 Bio/medical - Market size and forecast 2022-2027
• Exhibit 47: Chart on Bio/medical - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Bio/medical - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Bio/medical - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Bio/medical - Year-over-year growth 2022-2027 (%)

• 7.4 Laser projectors and scanner - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Laser projectors and scanner - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Laser projectors and scanner - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Laser projectors and scanner - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Laser projectors and scanner - Year-over-year growth 2022-2027 (%)

• 7.5 Blu-ray devices - Market size and forecast 2022-2027
• Exhibit 55: Chart on Blu-ray devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Blu-ray devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Blu-ray devices - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Blu-ray devices - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Coherent Inc. 
• Exhibit 116: Coherent Inc. - Overview
• Exhibit 117: Coherent Inc. - Business segments
• Exhibit 118: Coherent Inc. - Key news
• Exhibit 119: Coherent Inc. - Key offerings
• Exhibit 120: Coherent Inc. - Segment focus

• 12.4 Egismos Technology Corp. 
• Exhibit 121: Egismos Technology Corp. - Overview
• Exhibit 122: Egismos Technology Corp. - Product / Service
• Exhibit 123: Egismos Technology Corp. - Key offerings

• 12.5 Frankfurt Laser Co. 
• Exhibit 124: Frankfurt Laser Co. - Overview
• Exhibit 125: Frankfurt Laser Co. - Product / Service
• Exhibit 126: Frankfurt Laser Co. - Key offerings

• 12.6 IADIY Photonics 
• Exhibit 127: IADIY Photonics - Overview
• Exhibit 128: IADIY Photonics - Product / Service
• Exhibit 129: IADIY Photonics - Key offerings

• 12.7 Laser Components GmbH 
• Exhibit 130: Laser Components GmbH - Overview
• Exhibit 131: Laser Components GmbH - Product / Service
• Exhibit 132: Laser Components GmbH - Key offerings

• 12.8 Laserex Technologies Pty Ltd. 
• Exhibit 133: Laserex Technologies Pty Ltd. - Overview
• Exhibit 134: Laserex Technologies Pty Ltd. - Product / Service
• Exhibit 135: Laserex Technologies Pty Ltd. - Key offerings

• 12.9 Laserline GmbH 
• Exhibit 136: Laserline GmbH - Overview
• Exhibit 137: Laserline GmbH - Product / Service
• Exhibit 138: Laserline GmbH - Key offerings

• 12.10 Nichia Corp. 
• Exhibit 139: Nichia Corp. - Overview
• Exhibit 140: Nichia Corp. - Product / Service
• Exhibit 141: Nichia Corp. - Key offerings

• 12.11 NUBURU Inc. 
• Exhibit 142: NUBURU Inc. - Overview
• Exhibit 143: NUBURU Inc. - Product / Service
• Exhibit 144: NUBURU Inc. - Key offerings

• 12.12 Omicron-Laserage Laserprodukte GmbH 
• Exhibit 145: Omicron-Laserage Laserprodukte GmbH - Overview
• Exhibit 146: Omicron-Laserage Laserprodukte GmbH - Product / Service
• Exhibit 147: Omicron-Laserage Laserprodukte GmbH - Key offerings

• 12.13 OSRAM GmbH 
• Exhibit 148: OSRAM GmbH - Overview
• Exhibit 149: OSRAM GmbH - Business segments
• Exhibit 150: OSRAM GmbH - Key offerings
• Exhibit 151: OSRAM GmbH - Segment focus

• 12.14 Panasonic Holdings Corp. 
• Exhibit 152: Panasonic Holdings Corp. - Overview
• Exhibit 153: Panasonic Holdings Corp. - Business segments
• Exhibit 154: Panasonic Holdings Corp. - Key news
• Exhibit 155: Panasonic Holdings Corp. - Key offerings
• Exhibit 156: Panasonic Holdings Corp. - Segment focus

• 12.15 ProPhotonix Ltd. 
• Exhibit 157: ProPhotonix Ltd. - Overview
• Exhibit 158: ProPhotonix Ltd. - Business segments
• Exhibit 159: ProPhotonix Ltd. - Key offerings
• Exhibit 160: ProPhotonix Ltd. - Segment focus

• 12.16 Renesas Electronics Corp. 
• Exhibit 161: Renesas Electronics Corp. - Overview
• Exhibit 162: Renesas Electronics Corp. - Business segments
• Exhibit 163: Renesas Electronics Corp. - Key offerings
• Exhibit 164: Renesas Electronics Corp. - Segment focus

• 12.17 RPMC Lasers Inc. 
• Exhibit 165: RPMC Lasers Inc. - Overview
• Exhibit 166: RPMC Lasers Inc. - Product / Service
• Exhibit 167: RPMC Lasers Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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