The market for edge-emitting lasers (EELs) will grow to $7.4 billion by 2027 from $3.5 billion last year, says Yole Developpement. EELs used in optical communications will grow at a CAGR of 15% to be worth $5.6 billion in 2027 – representing 75% of the market. The second-largest application area will be materials processing, with a CAGR …
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