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Laser Diode Market Heading Toward $1.2 Billion Mark

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Charles T. Troy

MOUNTAIN VIEW, Calif. -- The worldwide market for short-wavelength laser diodes is headed for the billion-dollar-plus mark by the end of the decade, according to a report from market analysis firm Strategies Unlimited. Leading the charge is the demand for diode lasers with wavelengths of less than 1 µm. Spurred by the emergence of the digital video disk (DVD) market and high-speed CD-ROMs, sales of these lasers are predicted to increase from $486 million in 1995 to $1.238 billion in 2000.The report targets laser diodes in 29 nontelecommunications applications including consumer,...Read full article

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    Published: January 1997
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