Market Overview:
The global incoherent sources device market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for incoherent light sources in various applications such as optics, physics, medical treatment, semiconductor and electronic devices. In addition, the growing demand for LEDs and SLDs across different regions is also contributing to the growth of this market. However, high initial cost associated with these devices may restrain the growth of this market during the forecast period.
Product Definition:
Incoherent Sources Device is a device which helps in measuring the power spectral density of an incoherent source. It is important for measuring the power spectral density of an incoherent source because it can help in understanding how different noise sources interact with each other.
Light Emitting Diodes (LEDs):
LEDs are light-emitting diodes, which means they give out their own light in response to an electric current. They have a lower forward voltage than regular diodes and can be used as indicators or display elements in various devices. LEDs are available in different colors and sizes; the most common ones seen nowadays are red, green, blue, yellow (RGBY), and white (W).
Superluminescent Diodes (SLDs):
Superluminescent diodes (SLDs) are a type of diode with an extremely high forward voltage, which can be used as a source of light. The SLDs are fabricated in different ways; some methods include co-polymerization and nanotechnology-based methods for manufacturing the device.
Application Insights:
In 2017, the electronics segment accounted for over 40% of the global incoherent sources device market share. The growth can be attributed to increasing demand for LEDs and other optical devices in various electronic applications such as data storage devices, light-emitting diodes (LEDs), laser printers, and communication systems. In addition, growing usage of incoherent sources in various medical treatment applications is expected to drive product demand over the forecast period.
The optics segment is anticipated to witness significant growth during the forecast period owing to rising application areas such as optical fiber lasers and LED drivers in Fiber To The Home (FTTH) deployment activities across multiple regions including Asia Pacific, Europe, North America and Latin America. In addition, a large number of research projects are underway focusing on development of novel source components with higher power efficiency that will further propel market growth during the study period.
Regional Analysis:
Asia Pacific dominated the global incoherent sources device market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for LEDs, growing electronics industry, and rising adoption of coherent light generation technology in emerging economies such as China and India. Moreover, Asia Pacific is home to several semiconductor manufacturers who are actively engaged in R&D activities related to incoherent light emission devices.
The Latin American market for incoherent sources devices was estimated at USD X million in 2016 owing to high demand from optics application segment due mainly expansion of end-use industries such as medical treatment & diagnosis; Semiconductors; display technologies; microscopy etc.; which require coherent light source with low cost & efficient source efficiency along with high brightness outputting capability required by various applications including industrial, scientific & medical (ISM), military/ defense instrumentsation etc.
Growth Factors:
- Increasing demand for Incoherent Sources Device in the medical sector for diagnosis and treatment of various diseases.
- Rising demand from the defense sector for night vision and other security applications.
- Growing use of Incoherent Sources Device in research institutes and universities for advanced scientific research purposes.
- Increasing adoption of Incoherent Sources Device in commercial sectors such as automotive, communication, and consumer electronics industries due to its high performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Incoherent Sources Device Market Research Report
By Type
Light Emitting Diodes (LEDs), Superluminescent Diodes (SLDs)
By Application
Optics, Physics, Medical Treatment, Semiconductor, Electronic
By Companies
Thorlabs Inc, MKS Instruments Inc, Edmund Optics, Hamamatsu Photonics KK, IPG, Coherent Inc, Han's Laser Technology Co Ltd, II-VI Incorporated, Holzworth, Misumi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Incoherent Sources Device Market Report Segments:
The global Incoherent Sources Device market is segmented on the basis of:
Types
Light Emitting Diodes (LEDs), Superluminescent Diodes (SLDs)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Optics, Physics, Medical Treatment, Semiconductor, Electronic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thorlabs Inc
- MKS Instruments Inc
- Edmund Optics
- Hamamatsu Photonics KK
- IPG
- Coherent Inc
- Han's Laser Technology Co Ltd
- II-VI Incorporated
- Holzworth
- Misumi
Highlights of The Incoherent Sources Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Light Emitting Diodes (LEDs)
- Superluminescent Diodes (SLDs)
- By Application:
- Optics
- Physics
- Medical Treatment
- Semiconductor
- Electronic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Incoherent Sources Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Incoherent Sources Device (ISD) is a type of jammer used to disrupt or disable enemy communications.
Some of the major players in the incoherent sources device market are Thorlabs Inc, MKS Instruments Inc, Edmund Optics, Hamamatsu Photonics KK, IPG, Coherent Inc, Han's Laser Technology Co Ltd, II-VI Incorporated, Holzworth, Misumi.
The incoherent sources device market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Incoherent Sources Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Incoherent Sources Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Incoherent Sources Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Incoherent Sources Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Incoherent Sources Device Market Size & Forecast, 2018-2028
4.5.1 Incoherent Sources Device Market Size and Y-o-Y Growth
4.5.2 Incoherent Sources Device Market Absolute $ Opportunity
Chapter 5 Global Incoherent Sources Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Incoherent Sources Device Market Size Forecast by Type
5.2.1 Light Emitting Diodes (LEDs)
5.2.2 Superluminescent Diodes (SLDs)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Incoherent Sources Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Incoherent Sources Device Market Size Forecast by Applications
6.2.1 Optics
6.2.2 Physics
6.2.3 Medical Treatment
6.2.4 Semiconductor
6.2.5 Electronic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Incoherent Sources Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Incoherent Sources Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Incoherent Sources Device Analysis and Forecast
9.1 Introduction
9.2 North America Incoherent Sources Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Incoherent Sources Device Market Size Forecast by Type
9.6.1 Light Emitting Diodes (LEDs)
9.6.2 Superluminescent Diodes (SLDs)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Incoherent Sources Device Market Size Forecast by Applications
9.10.1 Optics
9.10.2 Physics
9.10.3 Medical Treatment
9.10.4 Semiconductor
9.10.5 Electronic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Incoherent Sources Device Analysis and Forecast
10.1 Introduction
10.2 Europe Incoherent Sources Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Incoherent Sources Device Market Size Forecast by Type
10.6.1 Light Emitting Diodes (LEDs)
10.6.2 Superluminescent Diodes (SLDs)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Incoherent Sources Device Market Size Forecast by Applications
10.10.1 Optics
10.10.2 Physics
10.10.3 Medical Treatment
10.10.4 Semiconductor
10.10.5 Electronic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Incoherent Sources Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Incoherent Sources Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Incoherent Sources Device Market Size Forecast by Type
11.6.1 Light Emitting Diodes (LEDs)
11.6.2 Superluminescent Diodes (SLDs)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Incoherent Sources Device Market Size Forecast by Applications
11.10.1 Optics
11.10.2 Physics
11.10.3 Medical Treatment
11.10.4 Semiconductor
11.10.5 Electronic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Incoherent Sources Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Incoherent Sources Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Incoherent Sources Device Market Size Forecast by Type
12.6.1 Light Emitting Diodes (LEDs)
12.6.2 Superluminescent Diodes (SLDs)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Incoherent Sources Device Market Size Forecast by Applications
12.10.1 Optics
12.10.2 Physics
12.10.3 Medical Treatment
12.10.4 Semiconductor
12.10.5 Electronic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Incoherent Sources Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Incoherent Sources Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Incoherent Sources Device Market Size Forecast by Type
13.6.1 Light Emitting Diodes (LEDs)
13.6.2 Superluminescent Diodes (SLDs)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Incoherent Sources Device Market Size Forecast by Applications
13.10.1 Optics
13.10.2 Physics
13.10.3 Medical Treatment
13.10.4 Semiconductor
13.10.5 Electronic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Incoherent Sources Device Market: Competitive Dashboard
14.2 Global Incoherent Sources Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thorlabs Inc
14.3.2 MKS Instruments Inc
14.3.3 Edmund Optics
14.3.4 Hamamatsu Photonics KK
14.3.5 IPG
14.3.6 Coherent Inc
14.3.7 Han's Laser Technology Co Ltd
14.3.8 II-VI Incorporated
14.3.9 Holzworth
14.3.10 Misumi
