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Current Status of the Diode Laser Industry
Manufacturers are accelerating vertical integration to secure gallium and indium supplies,while breakthroughs in quantum cascade lasers (QCLs) have pushed room-temperature power-conversion efficiency past 20%. The laser diode market is shifting toward application-specific designs. As per Market Research Future analysis, The Global Laser Diode Market Size was estimated at 7. The laser diode industry is projected to grow from 8. Growing demand for miniaturized laser diodes. 73 Billion by 2032, growing at a CAGR of 11.