The global semiconductor laser market size is expected to reach USD 9.52 billion by 2024, according to a new report by Grand View Research, Inc. The surging acceptance of fiber optic lasers in the communication and connectivity verticals and the growing preference for semiconductor lasers over other light sources are expected to boost the market growth.
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The increasing deployment of semiconductor laser diodes in various application verticals has further bolstered the industry growth. The growing usage of 3D printing in the healthcare and architectural platforms are expected to increase the demand for semiconductor lasers.
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