Semiconductor Laser Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Semiconductor Laser Market Report is Segmented by Wavelength (Infrared Lasers, Red Lasers, Green Lasers, Blue Lasers, Ultraviolet Lasers), by Type (EEL (Edge-Emitting Laser), VCSEL (Vertical-Cavity Surface-Emitting Laser), Quantum Cascade Laser, Fiber Laser, Other Types), by Application (Communication, Medical, Military and Defense, Industrial, Instrumentation and Sensor, Automotive, Other Applications), by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Semiconductor Laser Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Semiconductor Laser Industry Overview

The Laser Market for Semiconductor Industry is a moderately competitive market with significant players like Lumentum Operations, Trumpf, SUSS MicroTec, Coherent, etc. The market players are striving to innovate advanced products and processes to cater to the evolving demands of their customers.

  • March 2023 - Tower Semiconductor, in collaboration with Quintessent, Inc, announced the world's first heterogeneous integration of GaAs quantum dot (QD) lasers and a foundry silicon photonics platform (PH18DB). This PH18DB platform targets optical transceiver modules in data centers & telecom networks and new emerging applications in artificial intelligence (AI), machine learning, LiDAR, and other sensors. The new platform offers GaAs-based quantum dot lasers & semiconductor optical amplifiers (SOA) created on Tower's high-volume base PH18M silicon photonics foundry technology containing low-loss waveguides, photodetectors, & modulators heterogeneously integrated on a single silicon chip. This platform allows dense photonic integrated circuits (PICs) to assist higher-channel count in small form factors.
  • January 2023 - Coherent Corp. announced the introduction of its next-generation pump laser diodes that execute an industry-record high output power of 50 W from a single chip. The deployment of fiber lasers for materials processing applications like cutting, welding, marking, and additive manufacturing is accelerating, driving the need for key components that lower the output power cost per watt. The new laser diodes reach 50 W of output power, 40% more than the existing product, allowing high-power industrial fiber laser designs with fewer pump laser diodes.

Semiconductor Laser Market Leaders

  1. Coherent, Inc.

  2. Accretech

  3. SUSS MicroTec

  4. Lumentum Operations LLC

  5. Hamamatsu Photonics K.K.

  6. *Disclaimer: Major Players sorted in no particular order
Semiconductor Laser Market Concentration