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The laser technology market is set to expand from USD 20.0 billion in 2024 to USD 29.5 billion by 2029, with a CAGR of 8.0%. This growth is driven by the increasing use of laser technology in healthcare, automotive manufacturing, and industrial automation. The rising demand for high-precision laser-based applications in medical treatments and automotive production processes is a key factor propelling market growth.Solid Lasers Expected to Lead GrowthSolid lasers are forecast to achieve the highest growth rate in the laser t... more
