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Classified in: Covid-19 virus
Subjects: Photo/Multimedia, Survey

Global Blue Laser Diode Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, and Opportunities | Technavio


The blue laser diode market is expected to grow by USD 196.96 million, progressing at a CAGR of over 12% during the forecast period.

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The advances in laser projectors is one of the major factors propelling market growth. However, factors such as declining demand for Blu-Ray disc players and DVD players will hamper the market growth.

More details: https://www.technavio.com/report/blue-laser-diode-market-industry-analysis

Blue Laser Diode Market: Type Landscape

A single-mode blue laser diode is defined based on the size of the waveguide. When the size of the waveguide is specifically designed in both transverse and longitudinal directions to fit in only one mode, it is said to be a single-mode blue laser diode. As single-mode laser diodes have a smaller size, they can offer a higher light intensity, which makes them suitable for more applications than multi-mode laser diodes. Market growth in this segment will be slower than the growth of the market in the multi-mode segment.

Blue Laser Diode Market: Geographic Landscape

Factors such as the increasing demand for laser projectors will significantly drive blue laser diode market growth in this region over the forecast period. 34% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for blue laser diodes in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Global Discrete Diode Market: The discrete diode market size has the potential to grow by USD 431.64 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Global Infrared Light-emitting Diode Market: The infrared light-emitting diode market size has the potential to grow by USD 128.90 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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