SMD Laser Diode Market: Introduction
- A laser diode, also referred to as a diode laser, or injection laser diode, is a semiconductor device in which a diode-injected directly with electrical current can create lasing conditions. It can directly convert electrical energy into light.
- Surface-mount technology (SMT) is a method for producing optical and electrical components on the surface of printed circuit boards (PCBs). A laser device so made is called a Surface-mount device laser diode (SMD LD).
- The features of SMD laser diodes, such as low power requirement, portable size, and weight with high efficiency, are increasing their adoption in various applications of industries, which in turn is significantly propelling the global SMD laser diode market
- SMD laser diode modules are also used by aircraft manufacturers to assemble large parts of aircraft to tight tolerances. This further boosts the adoption of SMD laser diode.
- SMD laser diodes are used in headlamps, photodynamic therapy, laser distance meter leveler, AR/VR, gesture recognition, laser sight, ToF Module, etc.
Rising Demand for SMD Laser Diode in Automotive Industry
- Based on end-use industry, the market can be segmented into automotive, electronics and semiconductor, aerospace and defense, IT and Telecommunication, and others
- The automotive segment of the global SMD Laser Diode market is estimated to expand at a rapid pace during the forecast period due to the increasing use of SMD laser diode in automotive head-up displays (HUDs) that allows high resolution, high color-depth, and high frame-rate projections.
- Newly developed SMD laser diodes help design and built car lights that are even smaller than before without compromising light output. It combines powerful light with compact dimensions. This helps drive demand for SMD laser diodes in the automotive industry.
- SMD laser diodes are utilized in the manufacture of automotive headlamps, because they offer the driver improved visibility that helps increase road traffic safety
- They also provide the longest range in comparison with any other current headlight technology. The adoption of SMD laser diodes is anticipated to increase significantly in the automotive industry in the near future owing to rising demand for luxury vehicles, driven by increasing income levels and improving living standards, which in turn is also propelling the SMD laser diode market.
Asia Pacific to Lead Global SMD Laser Diode Market
- In terms of region, the global SMD laser diode market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
- Asia Pacific dominated the global market due to increasing demand for SMD laser diode in electronic and automotive sectors because the size of SMD laser diodes are smaller, lighter, and shorter that makes product easy to cooperate with automatic production, saves manufacturing loss and man-hours. Innovation in technologies are expected to increase the demand for SMD laser diodes.
- The SMD laser diode market in Asia Pacific is expected to expand at a high growth rate due to the presence of major players and increased competition among them. The market in North America is likely to expand at a steady pace during the forecast period because of less competition among players in the region.
Key Players Operating in Global SMD Laser Diode Market
Major players operating in global SMD laser diode market are focusing on technological advancements and expansions to cater to the rising demand for SMD laser diodes. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative and advanced technologies.
Key players operating in the global SMD laser diode market include:
- Arima Lasers Corporation (ALC)
- Union Optronics Corp.
- Uniotech Co., Ltd.
Global SMD Laser Diode Market: Research Scope
Global SMD Laser Diode Market, by Mode
Global SMD Laser Diode Market, by Wavelength
- 650 nm
- 808 nm
- 830 nm
- Others (850 nm, 940 nm, etc.)
Global SMD Laser Diode Market, by Application
- Sensor
- Photodynamic Therapy
- Laser Distance Meter Leveler
- AR/VR
- Headlamp
- Gesture Recognition
- Others (Laser Sight, ToF Module etc.)
Global SMD Laser Diode Market, by End-use Industry
- Automotive
- Electronic and Semiconductor
- Aerospace and Defense
- IT and Telecommunication
- Others (Healthcare, Energy and Utility, etc.)
Global SMD Laser Diode Market, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
