Global Laser Diode Controllers Market Report 2020-2027 - Focus on Key Players - iC-Haus, MKS Instruments, QPhotonics, Stanford Research Systems & Thorlabs
February 17, 2021 04:13 ET
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Global Laser Diode Controllers Market to Reach $87 Million by 2027
Amid the COVID-19 crisis, the global market for Laser Diode Controllers estimated at US$63.6 Million in the year 2020, is projected to reach a revised size of US$87 Million by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027.
Industrial, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$29 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Communication & Optical Storage segment is readjusted to a revised 4.8% CAGR for the next 7-year period.