The rising uptake of visible and UV laser diodes for various applications, such as industrial, defense, medical, and automotive, is also influencing the rise in investment in research & development and innovation in laser diode products over the years.
Some key players operating in the market are ASML Holding NV; Osram Licht AG; Inc.; IPG Photonics; and Nuvoton Technology Corporation. Osram Licht AG developed laser diodes for automotive lighting in 2019. In April 2022, the company introduced a green laser diode for various applications, such as leveling, scanning, and dot projection. It is a 20mW peak-output edge-emitting laser with a spectral bandwidth of 2nm and a peak wavelength of 520nm.
In January 2022, the UK Research Initiative (UKRI) announced that in collaboration with American universities Harvard and MIT and UK universities Strathclyde and Bath (VLC), the University of Sheffield would lead a new US$ 2.44 million project to advance the technology for the next generation of micro-displays and visible light communication in the near future.
Sheffield researchers will investigate utilizing an entirely different way to monolithically integrate microscale laser diodes (LDs) and High-electron-mobility transistors (HEMTs) on a single chip, where each LD is electrically powered by individual HEMTs, as part of this worldwide research cooperation.
In December 2020, Ushio Inc. announced the addition of a new 04 nm laser diode to its violet light product portfolio. This product is intended to be used in direct imaging exposure systems, biomedical applications, and 3D printing. Thus, the rise in investment in product development by private market players, coupled with the surge in investment in research & development activities by various institutions, are expected to fuel the demand for advanced and efficient visible and UV laser diode products over the forecast period.
Europe Visible and UV Laser Diode Market Segmentation
The Europe visible and UV laser diode market is analyzed on the basis of doping material, mode, application, and country. Based on doping material, the market can be segmented into AlGaInP, GaN, and InGaN. In 2020, the AlGaInP segment held the largest share in the market. Based on mode, the market is segmented into single-mode and multi-mode. In 2020, the single-mode segment held a larger share in the market. Based on the application, the market is categorized into industrial, defense, scientific, and others. In 2020, the industrial segment held the largest share in the market .
Based on country, the Europe visible and UV laser diode market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany held the largest share in the Europe visible and UV laser diode market in 2020.
ASML Holding NV; Coherent, Inc.; IPG Photonics; Jenoptik AG; Newport Corporation; Nuvoton Technology Corporation; Osram Litch AG; and Trumpf Group are the leading companies in the regional market.