https://www.maximizemarketresearch.com/market-report/global-laser-diode-market/35310/ Laser Diode Market size was valued at USD 12.62 Billion in 2023 and the total Laser Diode Market revenue is expected to grow at a CAGR of 12.3 % from 2024 to 2030, reaching nearly USD 28.43 Billion by 2030. Laser Diode Market Overview A laser diode is a device that turns the current passing through an electrical circuit into a strong light beam. Otherwise known as a semiconductor diode laser, their specific construction makes laser diodes a popular choice for circuit builders who need to create a direct light within an electrical circuit.