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 set to dominate majority revenue share of 40% by 2037, 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 2037. However, the Asia Pacific region is estimated to grow at a highest CAGR of 15.0% over the forecast period.
Author Credits: Abhishek Verma
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