An article written by Pradeep Chakraborty – Last year, edge-emitting lasers (EELs) had represented a US$2.5 billion market, according to France’s Yole Développement (Yole), in its technology and market analysis. EELs are mainly used in optical communications, with optical systems for datacom and telecom.
Martin Vallo, Technology & Market Analyst at Yole Développement, France, said: “Growth is still driven by the optical communication market segment with optical systems for datacom and telecom. It is today the largest EELs segment with 56 percent of the total revenue in 2018.” The potential market size for EELs in future, is said to be worth $4.6 billion for 2023 at a CAGR of 13 percent.
Killer apps Let’s find out the traditional applications that are still driving the EEL market. He said: “Growth of EEL market will continue to be driven by the optical communication segment, such as optical systems for datacom and telecom. This is the largest segment today for EELs, comprising 56 percent of total revenue for 2018. Material processing and display applications are also substantial, making up 16 percent and 14 percent of the market, respectively, in 2018.”… Full article
We want you to experience the full power of i-Micronews.com, and we need your consent to do so
Click “I agree” below to consent to the use of this technology.