Europe Visible and UV Laser Diode Market

The visible and UV laser diode market in Europe is expected to grow from US$ 949.33 million in 2021 to US$ 1,430.87 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

The rising uptake of visible and UV laser diodes for various applications, such as industrial, defense, medical, and automotive, is also influencing the rise in investment in research & development and innovation in laser diode products over the years.

Some key players operating in the market are ASML Holding NV; Osram Licht AG; Inc.; IPG Photonics; and Nuvoton Technology Corporation. Osram Licht AG developed laser diodes for automotive lighting in 2019. In April 2022, the company introduced a green laser diode for various applications, such as leveling, scanning, and dot projection. It is a 20mW peak-output edge-emitting laser with a spectral bandwidth of 2nm and a peak wavelength of 520nm.

In January 2022, the UK Research Initiative (UKRI) announced that in collaboration with American universities Harvard and MIT and UK universities Strathclyde and Bath (VLC), the University of Sheffield would lead a new US$ 2.44 million project to advance the technology for the next generation of micro-displays and visible light communication in the near future.

Sheffield researchers will investigate utilizing an entirely different way to monolithically integrate microscale laser diodes (LDs) and High-electron-mobility transistors (HEMTs) on a single chip, where each LD is electrically powered by individual HEMTs, as part of this worldwide research cooperation.

In December 2020, Ushio Inc. announced the addition of a new 04 nm laser diode to its violet light product portfolio. This product is intended to be used in direct imaging exposure systems, biomedical applications, and 3D printing. Thus, the rise in investment in product development by private market players, coupled with the surge in investment in research & development activities by various institutions, are expected to fuel the demand for advanced and efficient visible and UV laser diode products over the forecast period.

Europe Visible and UV Laser Diode Market Revenue and Forecast to 2028 (US$ Million)

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Europe Visible and UV Laser Diode Strategic Insights

Strategic insights for the Europe Visible and UV Laser Diode provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Visible and UV Laser Diode Report Scope

Europe Visible and UV Laser Diode Regional Insights

The geographic scope of the Europe Visible and UV Laser Diode refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Europe Visible and UV Laser Diode Market Segmentation          

The Europe visible and UV laser diode market is analyzed on the basis of doping material, mode, application, and country. Based on doping material, the market can be segmented into AlGaInP, GaN, and InGaN. In 2020, the AlGaInP segment held the largest share in the market. Based on mode, the market is segmented into single-mode and multi-mode. In 2020, the single-mode segment held a larger share in the market. Based on the application, the market is categorized into industrial, defense, scientific, and others. In 2020, the industrial segment held the largest share in the market .

Based on country, the Europe visible and UV laser diode market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany held the largest share in the Europe visible and UV laser diode market in 2020.

ASML Holding NV; Coherent, Inc.; IPG Photonics; Jenoptik AG; Newport Corporation; Nuvoton Technology Corporation; Osram Litch AG; and Trumpf Group are the leading companies in the regional market.