Laser Diode Market - Growth, Trends, Forecasts (2020 - 2025)
(World News USA)

NEW YORK, July 2, 2020 /PRNewswire/ -- The global laser diode market was valued at USD 8.26 billion in 2019, and it is expected to reach USD 15.01 billion by 2025, registering a CAGR of 11.2%, between 2020 and 2025. According to the laser-focus world, the market for laser materials-processing systems grew by an incredible 50% from 2016 to 2018. In 2019, one of the key trends is the rise of VCSEL technology for applications like facial recognition in smartphones. VCSELs are a type of laser diode that offers superior beam properties, thermal stability, and device scalability compared to products like Fabry Perot laser diodes. Read the full report:...