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Laser Diode Market's Robust Growth
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The visible and UV laser diode market is experiencing rapid growth due to the expansion of the semiconductor manufacturing sector and technological advancements. The market is projected to reach $4.51 billion by 2028, with a CAGR of 6.4%. Companies like Coherent, Inc. are driving this growth by launching innovative products for various industry needs. North America dominates the market, followed by Asia-Pacific and Western Europe.
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How are technological advancements in laser diodes impacting the semiconductor manufacturing sector?
How might the growth of the laser diode market influence other industries and technological advancements?
What factors contribute to the dominance of North America in the laser diode market?
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