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News Release from: Frost and Sullivan
Edited by the Electronicstalk Editorial Team on 1 February 2007
End-user markets increase
focus on laser diodes
New analysis reveals that the world laser diodes market earned revenues of US $3199 million in 2005 and expects to reach revenues of $6073.4 million by 2012
The world laser diodes market is fragmented yet competitive, especially as increasing technology advancements have opened venues for greater revenue generation. Laser diode manufacturers need to cater to these trends. As the need to provide highly reliable products at affordable prices grows, laser diode manufacturers are focusing on products and technologies that will help create a dramatic impact within the industry.
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As more end-user markets increase focus on laser diodes, opportunities grow in the laser diode supply chain.
New analysis from Frost and Sullivan: 'World laser diodes market', reveals that the market earned revenues of US $3199 million in 2005 and expects to reach revenues of $6073.4 million by 2012.
'The arrival of next-generation optical data storage has triggered blue-laser diode innovations', says Frost and Sullivan Research Analyst Hemendhira Muralidharan.
'Found ideal for supporting Blu-ray and HD DVD storage formats, blue-violet laser diodes market is all set to witness technology innovations coupled with high-volume manufacturing demands'.
Declining average selling prices are constantly affecting current generation optical data storage markets.
Found ideal for superior optical storage formats, the laser diodes market is likely to witness a rebirth or revival to cater to the optical data storage market in a different manner.
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