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Laser Light Source for HPC Market Share

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Report ID: 4364
Published Date: Aug 12, 2024
Report Format: PDF, PPT

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Laser Light Source for HPC Market Share

Regionally, the global laser light source for HPC market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is expected to dominate 40% revenue share by 2036, attributed to growing working population which in turn is expected to lead a rise in disposable income. According to the U.S. Bureau of Labor Statistics, the total employment is anticipated to rise by 11.9 million jobs, from 153.5 million to 165.4 million, between 2020 and 2030. However, the Asia Pacific region is estimated to grow at a highest CAGR of 15.0% over the forecast period.

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Laser Light Source for HPC Market Size & Share, Growth Analysis 2036

Author Credits: Abhishek Verma

Report ID: 4364
Published Date: Aug 12, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of laser light source for HPC is evaluated at USD 180.83 million.

Laser Light Source for HPC Market size was valued at USD 162.5 million in 2023 and is expected to reach USD 902.75 million by 2036, expanding at around 14.1% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by growing demand for HPC systems, increase in government funding for R&D initiatives, technology advancement to improve performances, and others.

North America industry is expected to dominate 40% revenue share by 2036, attributed to growing working population which in turn is expected to lead a rise in disposable income.

The major players in the market are Ayar Labs, Inc, Lumentum Operations LLC, Rockley Photonics Ltd, Fujitsu, RANOVUS Inc, and POET Technologies.

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