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Yole's 2029 forecast
Yole's 2029 forecast suggests that the market for semiconductor lasers will top $5 billion by 2029, largely thanks to rapid growth in demand from applications in communications and automotive lidar. Medical and defense-related opportunities are also set for a solid increase, with more muted growth in industrial applications but the consumer sector barely changing from the 2023 total. Image: Yole Intelligence.
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