Global Markets for Quantum Cascade Lasers


#1377179

94pages

BCC Research

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The global market for quantum cascade lasers reached $5.6 billion in 2015. This market is expected to increase from $6.1 billion in 2016 to $9.7 billion in 2021 at a compound annual growth rate (CAGR) of 9.7% for 2016-2021.
Communications application market is expected to grow from $2.0 billion in 2016 to $3.2 billion in 2021 at a CAGR of 9.3% from 2016 through 2021.
Defense application market is expected to grow from $631 million in 2016 to $1.0 billion in 2021 at a CAGR of 10.7% from 2016 through 2021.