Edge emitting lasers: a 15% market growth, driven by historical applications

The edge emitting laser market will reach $6.6B in 2026, driven by optical communications, with emerging applications outpacing traditional material processing.

“Since the development of lasers in the 1960s, they have been increasingly used in a large number of applications.” asserts Martin Vallo, PhD, Technology & Market Analyst, solid-state lighting technologies, within the Photonics, Sensing & Display division at Yole Développement (Yole). “The unique properties of coherent light have helped replace conventional manufacturing methods and have advanced fiber-optic communication. This has propelled the laser market to a trillion-dollar business since the 1990s. Semiconductor laser-based technology placement in different market segments continues to grow moderately”.

Nowadays, material processing and optical communication applications continue to be the main driver of the laser market’s US$2.2 billion revenues in 2020, comprising more than 75%. Laser technologies are also ubiquitous in many emerging applications. These span mostly semiconductor manufacturing, 3D sensing, spectroscopy, medical, display and lighting applications.

In this context, Yole investigates disruptive technologies and related markets in depth, to point out the latest innovations and underline the business opportunities.

Released today, the Edge Emitting Lasers – Technology and Market Trends 2021 report contributes to the understanding of the global landscape in terms of laser technology for different applications. Including market trends and forecasts, supply chain, technology trends, technical insights and analysis, take away and outlook, this study also delivers an in-depth understanding of the ecosystem and main players’ strategies.

What are the different types of EEL? What are the economic and technological challenges of the EEL industry? What are the key drivers? Who are the suppliers to watch, and what innovative technologies are they working on?

Yole presents today its vision of the EEL industry.

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Source: http://www.yole.fr/

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