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Blue Laser Diode Market size is set to grow by USD 334.9 million from 2024-2028, Advances in laser projectors boost the market, Technavio

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NEW YORK, Aug. 12, 2024 /PRNewswire/ — The global blue laser diode market size is estimated to grow by USD 334.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  15.2%  during the forecast period. Advances in laser projectors is driving market growth, with a trend towards growing popularity of high-power blue laser diodes. However, declining demand for blu-ray disc players and dvd players  poses a challenge. Key market players include ams OSRAM AG, Coherent Inc., Egismos Technology Corp., Exaktera LLC, Frankfurt Laser Co., IADIY Photonics, Laser Components GmbH, Laserex Technologies Pty Ltd., Laserline GmbH, Nichia Corp., NUBURU Inc., Omicron-Laserage Laserprodukte GmbH, Panasonic Holdings Corp., Renesas Electronics Corp., RPMC Lasers Inc., Sharp Corp., Tomorrows System Sp zoo, TOPTICA Photonics AG, Ushio Inc., and Vortran Laser Technology Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Blue Laser Diode Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 15.2%

Market growth 2024-2028

USD 334.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.87

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, Germany, Canada, and Japan

Key companies profiled

ams OSRAM AG, Coherent Inc., Egismos Technology Corp., Exaktera LLC, Frankfurt Laser Co., IADIY Photonics, Laser Components GmbH, Laserex Technologies Pty Ltd., Laserline GmbH, Nichia Corp., NUBURU Inc., Omicron-Laserage Laserprodukte GmbH, Panasonic Holdings Corp., Renesas Electronics Corp., RPMC Lasers Inc., Sharp Corp., Tomorrows System Sp zoo, TOPTICA Photonics AG, Ushio Inc., and Vortran Laser Technology Inc.

Market Driver

The global blue laser diode market has experienced a moderate growth due to the limited innovation in this sector. However, the increasing adoption of high-power blue laser diodes in various industries is expected to boost market growth. Major players like USHIO and OSRAM have introduced high-power blue laser diodes, capable of delivering a maximum power of 250 W at 450 nm wavelength. These diodes generate less heat, ensuring high operational efficiency. Additionally, blue laser diodes have a superior absorption capacity, enabling them to cut through metals such as copper and gold, which is not possible with red or green laser diodes. Consequently, these diodes are extensively used in material processing equipment, 3D printers, and optical fiber communication networks. These factors are anticipated to fuel the expansion of the global blue laser diode market during the forecast period. 

The Blue Laser Diode market is experiencing significant growth due to its increasing applications in various industries. One of the major sectors driving this trend is the LiDAR system, where blue laser diodes are used for their superior brightness and high reliability in creating 3D maps. In addition, blue laser diodes find extensive use in cameras for range finding, target selection, and illumination. Key components of LiDAR systems include data processing electronics, photodetector, motion control equipment, and laser source. Blue laser diodes offer advantages such as superior brightness, high pulse power, and longer reach compared to other laser sources like VCSEL diodes, visible laser diodes, or ultraviolet lasers. However, challenges such as LIDAR system limitations in bad weather conditions and pump sources require continuous innovation. Solid state systems and laser diode arrays are gaining popularity due to their compact size and cost-effectiveness. Rare earth metals like InGaN, GaN, AIGaInP, and doping materials like neodymium, chromium, erbium, and ytterbium are essential in producing blue laser diodes. Leading players in the market include Hamamatsu Photonics, with a focus on medical applications and fiber laser market. The market is expected to grow further as blue laser diodes find applications in IR, UV, and other industries. 

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Market Challenges

The global blue laser diode market faces challenges due to decreasing demand for Blu-Ray disc players and DVD players. Blue laser diodes are essential components in these devices for reading and writing data. However, the rise of online video streaming platforms and portable data storage devices has diminished the need for physical media. According to Technavio, US revenue from Blu-Ray disc and DVD sales dropped by USD549.88 million from 2013 to 2018. Consumers now access content directly from cloud platforms, eliminating the requirement for Blu-Ray discs or DVDs. This trend is projected to impede the expansion of the global blue laser diode market.The blue laser diode market is experiencing significant growth due to its increasing applications in various industries. Blue laser diodes, a type of semiconductor laser diode, emit coherent radiation in the visible spectrum and are in high demand for fiber lasers in the fiber laser market. However, the production of blue laser diodes faces challenges due to the use of rare earth metals like Neodymium, Chromium, Erbium, Ytterbium, and Gallium aluminum arsenide in their manufacture. These elements are costly and can impact the overall price of the laser diode. Blue laser diodes find applications in medical devices, telecommunication industry for broadband communication systems in data centers, and industrial processes like precision cutting, welding, heat treating, cladding, and more. The market for blue laser diodes is expanding into new areas such as LIDAR, radar systems, and autonomous vehicles. However, challenges include achieving high output powers, monochromaticity, coherence, and directionality, which are essential for these applications. Currently, companies like Hamamatsu Photonics lead the market, but competition is increasing from other semiconductor device manufacturers. Blue laser diodes have diverse applications, including in compact disc players, remote control devices, intrusion detection systems, motion sensors, 3D depth sensors, optical disk pickup, and solid-state lasers. The market for blue laser diodes is expected to grow further due to their use in emerging technologies like LIDAR and autonomous vehicles. Despite the challenges, the future of the blue laser diode market looks promising.

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Segment Overview 

This blue laser diode market report extensively covers market segmentation by  

Type 1.1 Single-mode1.2 Multi-modeApplication 2.1 Bio/medical2.2 Laser projectors and scanner2.3 Blu-ray devices2.4 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

Blue laser diodes, a type of semiconductor laser diode, emit blue light and are gaining significant attention due to their versatile applications. These diodes are essential components in various industries, including fiber lasers for material processing and broadband communication systems in telecom and data centers. Blue laser diodes find extensive use in fiber lasers for precision cutting of metals, surpassing the capabilities of traditional lasers. In contrast, they are also utilized in medical applications for various purposes, such as UV phototherapy and IR spectroscopy. Rare earth elements like Neodymium, Chromium, Erbium, Ytterbium, and Gallium aluminum arsenide are crucial in the fabrication of blue laser diodes. The global market for blue laser diodes is expected to grow substantially due to the increasing demand for advanced technologies in telecommunications, medical, and industrial sectors.

Market Research Overview

Blue laser diodes, also known as semiconductor laser diodes, are solid-state lasers that emit coherent radiation in the visible and near-infrared spectrum. They are essential components in various industries, including fiber lasers, telecommunications, medical applications, and more. Blue laser diodes are available in different wavelengths, such as UV, IR, and those using rare earth metals like Neodymium, Chromium, Erbium, and Ytterbium. The market for blue laser diodes is driven by their applications in broadband communication systems, data centers, precision cutting, welding, heat treating, cladding, and more. Gallium aluminum arsenide is a common material used in the fabrication of blue laser diodes. Applications include motion sensors, 3D depth sensors, optical disk pickup, LIDAR systems, and radar systems. Output powers, wavelengths, beam shapes, monochromaticity, coherence, and directionality are key parameters for blue laser diodes. Limitations of LIDAR systems include pulse power, bad weather, and pump sources. Solid state systems, laser diode arrays, and high reliability are some of the advantages of blue laser diodes. Doping materials like InGaN and GaN are used to enhance the performance of blue laser diodes.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSingle-modeMulti-modeApplicationBio/medicalLaser Projectors And ScannerBlu-ray DevicesOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Galaxy Digital Inc. Announces Pricing of $3.507 Billion of Senior Secured Notes

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NEW YORK, July 23, 2026 /PRNewswire/ — Galaxy Digital Inc. (NASDAQ: GLXY) (“Galaxy” or the “Company”), a global leader in digital assets and data center infrastructure, today announced that its indirect wholly owned subsidiary, Galaxy Helios Data Centers II LLC (the “Issuer”), has priced a $3.507 billion private offering (the “Offering”) of 9.875% senior secured notes due 2031 (the “Notes”). The Offering is expected to close on July 28, 2026, subject to market and other conditions.

The Issuer intends to use the net proceeds from the Offering to finance a portion of the development and construction of two buildings containing eight data halls with a combined total of 400 megawatts (“MW”) of utility capacity and 260 MW of critical IT capacity (the “Project”) to be built on an approximately 260-acre property in Dickens County, Texas and to fund debt service reserves.

The Notes will bear interest at a rate of 9.875% per annum payable semi-annually in cash in arrears on February 1 and August 1 of each year, beginning on February 1, 2027 and will mature on August 1, 2031. The Notes will amortize at a rate of 4.00% per annum of the original principal amount subject to adjustment, with amortization payments payable semi-annually with the first payment date to occur at least ten months after the completion of the Project.

The Notes will be fully and unconditionally guaranteed by Galaxy Helios II LLC, a wholly owned direct subsidiary of the Issuer (the “Guarantor”), and will constitute the senior secured obligations of the Issuer and the Guarantor. The Notes and related note guarantee will be secured by first-priority liens on (i) substantially all assets of the Issuer and the Guarantor, other than certain excluded property and (ii) all equity interests of the Issuer held by the direct parent company of the Issuer.

The Offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the Offering may be completed.

The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction, and the Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and any applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Galaxy

Galaxy Digital Inc. (Nasdaq: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and HPC workloads. Our 1.63 GW Helios campus in Texas positions Galaxy among the largest and fastest-growing data center developers in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

Forward Looking Statements

This press release includes forward-looking statements, including statements relating to the completion, size and timing of the Offering, the terms of the Notes and the intended use of proceeds. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements represent the Company’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the satisfaction of the closing conditions related to the Offering and risks relating to the Company’s business, including those described in periodic reports that the Company files from time to time with the SEC. The Issuer may not consummate the proposed Offering described in this press release and, if the proposed Offering is consummated, cannot provide any assurances regarding the final terms of the Offering or the Notes or its ability to effectively apply the net proceeds as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and the Company does not undertake to update the statements included in this press release for subsequent developments, whether as a result of new information, future events, or otherwise, except as may be required by law.

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SOURCE Galaxy Digital Inc.

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The Finish Line that Changed China: Retracing the Long March to Yan’an

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BEIJING, July 23, 2026 /PRNewswire/ — A news report from China.org.cn on the Long March, and what it means for China today:

 

Every journey has a destination.

But some destinations become the beginning of something even greater.

This is Yan’an.

Over 90 years ago, an army of soldiers embarked from Yudu, Jiangxi Province, on a journey that would go down in history.

They crossed snow-capped mountains, vast grasslands and raging rivers, eventually arriving in northern Shaanxi.

Across this grueling 12,500-kilometer journey, they wrote a magnificent epic in human history with willpower and courage.

Here, their Long March came to a victorious end. But a new chapter of history was only beginning.

In Yan’an, the Red Army found time to recover and rebuild, and the Central Committee of the Communist Party of China regrouped, gathering strength for the next chapter.

Here, new ideas were debated, new strategies were shaped, and a vision for China’s future gradually took form.

Today, while preserving its revolutionary legacy, Yan’an has grown into a vibrant, modern city — with a greener environment, thriving industries and happier lives for its people.

Nearly 90 years ago, American journalist Edgar Snow came to northern Shaanxi, seeking to uncover a story that few outside China knew. He later chronicled it in his book “Red Star Over China,” which carried the story of the Long March to the world.

Today, people from around the world are once again retracing those steps.

As part of China International Communications Group (CICG)’s “Together on the Long March” international communication project, participants have spent more than a month retracing the route across six key regions.

From Jiangxi to Shaanxi, they followed the Red Army’s journey and witnessed the remarkable changes that have taken place along the way.

I asked them one simple question: What does this journey mean to you?

Zhavier Harris, marketing and communications manager at the Springfield Urban League, said conversations with local residents and descendants of the Red Army made history feel far more immediate than he had expected.

He said history isn’t as distant as we often think. “We’re only one or two generations from these great sacrifices that led to the development and the greatness that we see from the Communist Party of China and China as a whole.”

David Ferguson, honorary chief English editor at Foreign Languages Press under CICG and a recipient of the 2021 Chinese Government Friendship Award, said the journey deepened his understanding of the Long March.

He said the journey helped him understand not only the historical facts, but also what the Red Army endured. “If you see the Long March merely as a military campaign, it ended in Yan’an. But as a spirit, it has never truly come to an end.”

We came to retrace history. We leave with something more: a deeper understanding of China’s past, a clearer view of its present, and perhaps a greater appreciation for the stories that connect us across cultures.

Edgar Snow called the Long March “an Odyssey unequalled in modern times.” He believed that what sustained it was a flame — consisting of an undimmed ardor, an undying hope and an amazing revolutionary optimism.

Ninety years later, that flame still burns.

Passed down through generations, the spirit of the Long March continues to light China’s path forward.

And as it crosses borders and cultures, it offers the world a glimpse of a nation defined by resilience, perseverance and an enduring drive to move forward.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm 

The Finish Line that Changed China: Retracing the Long March to Yan’an
http://www.china.org.cn/video/2026-07/23/content_118614941.shtml

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SOURCE China.org.cn

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Visa and Lianlian Advance Trusted B2B Agentic Commerce Through LoopXPay’s First Live B2B Agentic Transaction

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First live B2B agentic transaction in Greater China highlights how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa’s Agentic Directory for trusted AI agent interactions

SINGAPORE, July 24, 2026 /PRNewswire/ — Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. (“Lianlian”), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian’s AI agent. 

Small and medium sized businesses (SMBs) often lack dedicated procurement teams and spend valuable time sourcing, purchasing and making payments themselves. In the transaction, the LoopXPay agent was used to source a product sample from a supplier and complete the purchase in a single workflow. The agent identified the purchasing requirement, recommended suitable suppliers, compared options, placed the order and securely executed the payment within a single workflow, while operating within pre-defined spending controls and approval parameters.

The milestone highlights how AI-powered commerce experiences can help SMBs simplify purchasing and payment activities while maintaining appropriate controls and oversight. By enabling AI agents to operate within pre-defined spending parameters and approval controls, businesses can reduce manual effort while retaining visibility into commercial decision-making.

As AI agents become more involved in purchasing and payment activities, businesses will require confidence that transactions are being executed by verified participants, within approved parameters and with appropriate oversight. Capabilities aligned with Visa’s Trusted Agent Protocol can help provide the identity, transparency and controls needed to support these interactions.

As part of the collaboration, LoopXPay has been registered in Visa’s Agentic Directory, enabling participating businesses and merchants to identify verified AI agents within the ecosystem. Supporting the implementation of Visa’s Trusted Agent Protocol, the Agentic Directory helps provide greater transparency into agent-driven interactions and confidence that participating agents have met Visa’s requirements.

“AI-powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require,” said Darren Parslow, Global Head, Visa Commercial Solutions, Visa. “For SMBs, that means less complexity in managing day-to-day commercial activities and more time focused on growth. As businesses increasingly look to embed intelligence into purchasing and payment experiences, trust will become a critical enabler of adoption. Through our collaboration with Lianlian, we are helping advance the trusted foundations that businesses will need to participate in this next era of commerce with confidence.”

Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of commercial activities, including procurement, digital advertising optimisation and B2B platform payments, helping advance trusted commerce through greater efficiency, transparency and control.

Zhang Zhengyu, Founder, Chairman of the Board and CEO, Lianlian DigiTech, said, “AI is reshaping the entire commercial value chain, where a growing number of business activities will be autonomously executed by AI agents, with payments serving as the critical infrastructure connecting them to global commerce. Leveraging its experience in global cross-border payments, compliance, as well as payment network, LianLian is actively building AI-native financial infrastructure, delivering an integrated suite of capabilities for the Agent Economy, spanning identity verification, transaction authorisation, intelligent payment, and global fund settlement. Through this collaboration with Visa, we aim to combine Lianlian’s AI-native capabilities with Visa’s trusted global network and commercial payment expertise to help businesses transact more securely, intelligently and efficiently in an increasingly agent-driven commerce environment.”

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

About Lianlian

Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech” or “Lianlian”) was founded in 2009 and listed on the Main Board of the Hong Kong Stock Exchange in 2024 (stock code: 2598.HK). As China’s leading global provider of digital and intelligent payment services, Lianlian adheres to its mission of “Connecting the world, empowering global commerce” and pursues an “AI-Native + Globalization” strategy. The Company is committed to building a trusted global intelligent financial infrastructure, enabling seamless connectivity between Chinese enterprises and global businesses.  As of now, Lianlian has established a global licensing portfolio comprising 68 payment licenses and related qualifications, and holds a VATP license issued by the Hong Kong SFC. It supports services in more than 200 countries and regions and enables transaction settlement in over 140 currencies, connecting over 180 global e-commerce platforms and serving a cumulative total of over 13.3 million customers. Learn more at www.lianlian.com.

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SOURCE Visa Worldwide Pte. Limited

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