Laser Light Source for HPC Market Size

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. In the year 2024, the industry size of laser light source for HPC is evaluated at USD 180.83 million. The growth of the market can be attributed to rise in requirement of faster data transfer to enhance the computational and processing capabilities of data centers. An accelerator is a piece of hardware that is used to accelerate software or processes beyond what would be achievable with just CPUs. Examples include graphics processing units (GPUs), field programmable gate arrays (FPGAs), digital signal processors (DSPs), and ASICs (application-specific integrated circuits).

Further, increasing investment of various manufactures in a form of collaboration is expected to boost the market growth for the forecast period. In order to commercialize discoveries made at the UA's James C. Wyant College of Optical Sciences, three laser companies at the University of Arizona were established in 2019. The CW-WDM multi-source agreement (MSA) compliant external laser sources developed by Lumentum and Ayar Labs would power the optical I/O solution offered by Ayar Labs, strengthening the ecosystem and supply chain for AI, data center, HPC, and telecom applications.