The semiconductor lasers market encompasses the development, production, and distribution of lasers that use semiconductor materials as the active laser medium. These lasers, also known as diode lasers, are compact, energy-efficient, and widely used in a variety of applications, including telecommunications, industrial manufacturing, healthcare, consumer electronics, and optical data storage. Semiconductor lasers emit light through electrical excitation of semiconductor materials and are known for their reliability, high efficiency, and adaptability to different wavelengths.