Laser Technology Market Set to Double by 2032, Driven by 7.8% CAGR

The laser technology market was worth US$ 16.7 billion in 2022. The market’s overall sales will increase by 7.8% from 2022 to 2032. By 2032, it is expected that the market would be worth $35.4 billion in total. The solid laser market is estimated to expand at a CAGR of 7.8% between 2022 and 2032. It will …

Laser Technology Market Poised for a Bright Future: Anticipated to Achieve a 7.8% CAGR and Surpass US$ 35.4 Billion by 2032

The global laser technology market is expected to grow significantly in the coming years. It’s projected to expand from US$ 16.7 billion in 2022 to US$ 35.4 billion by 2032. This growth represents a strong annual increase of 7.8% on average from 2022 to 2032. The rising adoption of laser technology in the automotive and …