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Laser Diode Market - Increased Demand, Modern Technology and Revenue Growth
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Albert Morris
Sep 8, 2017, 9:01:01 AM9/8/17
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Laser diodes owing to a number of advantageous features offered by them, are rapidly becoming a vital part of modern technology and are being utilized in various applications. Laser marking tool is a reliable technology offering easy assistance and better efficiency. The U.S. led the laser diode market in North America in 2015 at a revenue share of 59.89%. Even though there is huge demand for laser diodes in the upgrading of wireless technology, the sale of fiber lasers continues to gain momentum in North America due to their demand in FTTH applications. It is anticipated that the fiber laser technology would evolve during the forecast period and 100 Gb/s would become the norm with the focus shifting to the metro/regional landscapes. Furthermore, North America is witnessing an increased demand for laser cutting machines and industrial laser applications due to the significant use of these machines across several end-use verticals such as automotive, defense & aerospace, and consumer electronics.
Laser diodes owing to a number of advantageous features offered by them, are rapidly becoming a vital part of modern technology and are being utilized in various applications. Laser marking tool is a reliable technology offering easy assistance and better efficiency. The U.S. led the laser diode market in North America in 2015 at a revenue share of 59.89%. Even though there is huge demand for laser diodes in the upgrading of wireless technology, the sale of fiber lasers continues to gain momentum in North America due to their demand in FTTH applications. It is anticipated that the fiber laser technology would evolve during the forecast period and 100 Gb/s would become the norm with the focus shifting to the metro/regional landscapes. Furthermore, North America is witnessing an increased demand for laser cutting machines and industrial laser applications due to the significant use of these machines across several end-use verticals such as automotive, defense & aerospace, and consumer electronics.
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