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Stock impact report

Asia-Pacific Semiconductor Lasers Market Forecast Report, 2024-2031 - Rising Demand from Automotive and Scientific Research Markets Presenting Business Opportunities [Yahoo! Finance]

Coherent Corp. (COHR) 
Last coherent corp. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Analysis Report by Type, Application, Country and Growth Forecast, 2024-2031" report has been added to ResearchAndMarkets.com's offering. The Asia Pacific Semiconductor Lasers Market is expected to witness market growth of 9.7% CAGR during the forecast period (2024-2031). The Chinese market dominated the Asia Pacific Semiconductor Lasers Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.24 billion by 2031. The Japanese market is registering a CAGR of 9.1% during 2024-2031. Additionally, the Indian market is expected to showcase a CAGR of 10.4% during 2024-2031. The automotive industry has emerged as a significant market for these lasers. With the increasing adoption of advanced driver-assistance systems (ADAS) and the push towards autonomous driving, these lasers are essential in LiDAR (Light Detection and Ranging) systems. Due to their ability to emit precise and coherent light, these lasers have Show less Read more
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