Direct Diode Lasers Market : Industry Outlook, Growth Prospects and Key Opportunities
Direct diode lasers are type of laser devices where the output of laser diodes is directly used for laser material processing application. Since it is direct, the diode laser has high conversion efficiency and a very simple construction. Across the globe, direct diode lasers are gaining motion over the CO2-based traditional cutting systems for different metal processing. This is mainly due to their major advantages such as higher cutting speeds, lower maintenance requirements, improved cutting quality and increased energy efficiency among others. Various direct diode laser manufactures are now focusing on the design for operating wavelengths to meet their global demand. In last couple of years, a number of applications direct diode lasers has been increased. This is mainly due their simpler and compact design along with wall-plug efficiency is substantially high with compare with other fiber or CO2 Laser. Additionally, direct diode lasers have been developed and commercialized for various laser welding, mainly for conduction welding of comparatively thin metal sheets. The direct diode lasers market is predicted to witness a steady growth during the forecast year from 2018 to 2026.
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Global direct diode lasers market has been segmented on the basis of application, end use industry and geography. On the basis of application, global direct diode lasers market has been fragmented into water walls and water tanks, oil/gas industry components, bearing shafts, hard-facing of valve seats, cylinder liners and pins, bearing seats, mining equipment, hydraulic shafts, agricultural and forestry equipment remanufacturing. In 2017, oil /gas industry components, mining equipment and agricultural equipment segments held the major share in direct laser diode market. Owing to high processing speed and better Precision heating control capability which is predicted to boost the direct diode lasers market growth in the coming years. In terms of end use industry, global direct diode lasers market has been segmented into oil and gas, mining, manufacturing, agriculture, aerospace and defense, others. Major application for direct diode laser is stand-off laser material processing industry. In addition, direct diode laser allows for increased optical intensities on work pieces. This is expected to increase the demand of direct diode laser market in coming years. The direct diode laser has been used in many agriculture and aerospace laser welding in recent year. This in turn is predicted to drive the demand of global direct diode laser market during the forecast period from 2018- 2026. Direct diode laser based cutters are about 15% faster with compare with tradition laser cutters across all material thicknesses and types, which is expected to create a better opportunity for direct diode laser during the forecast period. Moreover, direct diode laser cutters are able to accomplish superior edges and cuts with a wide range of common materials such as aluminum and steel, as well as less prevalent substances such as Titanium, Inconel and Hastelloy. On the flip side, lack of commercialization and requirement of skilled labor force to develop direct diode laser products is likely to affect the installation of direct diode laser across various end use industries. However, high cost of direct diode laser and higher installation are also hindering the demand of the direct diode laser market during the forecast period.
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Geographically, global direct diode laser market has been segmented into North America, Europe, Asia Pacific (APAC), Middle- East and Africa (MEA), South America. In 2017, North America held the largest share of the direct diode laser market due to the high technological adoption of direct diode laser in military and defense, industrial and others industries in the area. Asia Pacific is estimated to be the second largest market for direct diode laser currently, followed by Europe. Furthermore, in Asia Pacific region owing to industrially developing economies in China and India is enhancing the demand for global direct diode laser market. Furthermore, across the globe, various leading direct laser diode manufacturers are continuously focusing to develop a new direct diode laser (DDL) which is able to provide up to 2 kilowatts of power output. This new development product is anticipated to create better opportunity for the direct diode laser manufacturers in coming years.
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The key players operational in the global direct diode laser market includes Coherent, Inc. (The U.S), TeraDiode, Inc. (The U.S), OsTech e. K. (Germany), SPI Lasers(U.K), II-VI Directphotonics (Germany), Mazak Optonics Corp. (The U.S), and JDS Uniphase Corporation (The U.S) among others.
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