Lucintel Forecasts the Global InP Lasers Market to Grow with a CAGR of 12.3% from 2024 to 2030

According to a market report by Lucintel, the future of the global InP lasers market looks promising with opportunities in the silicon photonics, data center, mobile backhaul, access networks, and metro markets. The global InP lasers market is expected to grow with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are increasing demand for high speed data transmission, growing adoption of fiber optics in telecommunications, as well as, more funds allocated to research and development projects aimed at improving the effectiveness and functionality of InP lasers.

A more than 150-page report to understand trends, opportunity and forecast in global InP lasers market to 2030 by type (1300nm-1700nm, 1120nm-1875nm, and others), application (silicon photonics, data center, mobile backhaul, access networks, metro markets, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, 130nm-1700nm is expected to witness a higher growth over the forecast period because it is suitable for applications such as optical communications and fiber optic sensing.

Download sample by clicking on InP lasers market.

In terms of regions, APAC is expected to witness the highest growth over the forecast period.

Oxford Instruments, Lumentum, SemiNex, Sheaumann Laser, Akela Laser, Eblana Photonics, InPhenix, MACOM, Source Photonics, NeoPhotonics are the major suppliers in the InP lasers market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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