- Laser diodes are used in a growing number of applications that include cutting and welding, machine vision, data communications, range finding and medical diagnostic systems.
- A report from Mordor Intelligence notes that the global laser diode market was valued at US$8.8bn in 2020 and predicts that the market will grow at a CAGR of 11.2% between 2021–26 to reach US$16.3bn by 2026.
- The ability to integrate more accurate information about a handset user’s physical environment into the AR world will potentially catalyse the launch of ‘must-have’ AR apps, encouraging other OEMs to incorporate LiDAR in their smartphones.
For further details see:
Laser Diodes - May The Force Be With You