The global laser pick-ups market is projected to grow at a CAGR of 3.06% during the 2018-2024 period. Laser pick-ups are optical components used to read data from optical drives, such as CDs, DVDs and Blu-Rays. The demand for laser pick-ups will increase during the forecast period owing to a rise in the demand for disk players worldwide. Furthermore, the increasing demand for consumer electronics such as gaming consoles will further propel the demand for these devices in the coming years. However, the shifting trend towards online storage and online content streaming has led to a fall in the usage of physical media, posing as a restrain to laser pick-ups in the coming years.
The Global Laser Pick-Ups Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by end-user industries, and geography.
The global laser pick-ups market has been segmented based on end-user industries, and geography. By end-user industries, the market has been segmented into consumer electronics, communication, automotive, and manufacturing.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into Americas, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 11 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the global laser pick-ups market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the global laser pick-ups market.
The global laser pick-ups market has been analyzed through following segments: