Semiconductor Laser Market to Grow at 7.5% CAGR during 2016-2020.
[ClickPress, Wed Aug 24 2016]
New market research on Global Semiconductor Laser Market 2016-2020 is added to RnRMarketResearch.com. Semiconductor lasers use semiconductor gain medium, where optical gain is achieved by injecting current at an interband transition with high carrier density in the conduction band. They are compact in size and have low maintenance cost. The material often used in the semiconductor laser is gallium arsenide, and thus it is also known as a gallium arsenide laser.
Complete report on semiconductor laser market spread across 66 pages, analyzing 5 major companies and provides 48 data exhibits is now available at http://www.rnrmarketresearch.com/global-semiconductor-laser-market-2016-2020-market-report.html .
The analyst forecast global semiconductor laser market to grow at a CAGR of 7.5% during the period 2016-2020. Semiconductor lasers are also used in new manufacturing processes such as micromachining. Lasers reduce the costs of end products by improving throughput and yield. The industrial segment spans a range of laser applications such as welding, cladding, metal cutting, and heat treating in segments ranging from automotive, gas, and appliance manufacturing to high-precision microelectronics fabrication and micro structuring in machine tool production. This report covers the present scenario and the growth prospects of the global semiconductor laser market for 2016-2020.
The report, Global Semiconductor Laser Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Order a copy Global Semiconductor Laser Market 2016-2020 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=657713 .
Increase in number of mergers and acquisitions will be a key trend for market growth. The global CO2 laser market has been consolidating, and this is expected to continue during the forecast period. Existing vendors are acquiring new firms to either enter the market or broaden their product portfolios. In 2012, Coherent entered an acquisition agreement with Innolight and Lumera Laser to strengthen its market presence. Thus, the increase in the number of M&A will drive the market's growth during the forecast period.
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|Date:||Aug 24, 2016|
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