Laser Diode Market - Increased Demand, Modern Technology and Revenue Growth

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Laser diodes owing to a number of advantageous features offered by them, ar e rapidly becoming a vital part of modern technology and are being utilized in various applications. Laser marking tool is a reliable technology offer ing easy assistance and better efficiency. The U.S. led the laser diode mar ket in North America in 2015 at a revenue share of 59.89%. Even though ther e 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 becom e the norm with the focus shifting to the metro/regional landscapes. Furthe rmore, North America is witnessing an increased demand for laser cutting ma chines and industrial laser applications due to the significant use of thes e machines across several end-use verticals such as automotive, defense & a erospace, and consumer electronics.

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Albert Morris
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