Edge-emitting laser market growing at 15% to $6.6bn in 2026, driven by historical applications


Source: semiconductor-today.com semiconductor-today.com

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11 May 2021 Edge-emitting laser market growing at 15% to $6.6bn in 2026, driven by historical applications The edge-emitting laser (EEL) market is rising at a compound annual growth rate (CAGR) of 15% from $2.9bn in 2020 to $6.6bn by 2026, driven by optical communications, while emerging applications (such as display, sensing, medical and lighting, which are also growing at 15%) are now outpacing traditional material processing, forecasts Yole Développement in its report ‘Edge Emitting Lasers - Technology and Market Trends 2021’. “Since the development of lasers in the 1960s, they have been increasingly used in a large number of...