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May 04, 2018

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May 04, 2018

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April 30, 2018

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Mid-infrared Lasers Market to be Worth US$ 1,763.0 Mn by 2026 - Transparency Market Research

May 04, 2018

ALBANY, New York, May 4, 2018 /PRNewswire/ -- According to a new market report on mid-infrared lasers market, published by Transparency Market Research. The global mid-infrared lasers market is expected to reach US$ 1,763.0 Mn by 2026, expanding at a CAGR of 11.4% from 2018 to 2026. According to the report, the global market will continue to be influenced by applications in defense and security in the form of explosive detection and nuclear and narcotic material detection, among others. Asia Pacific will continue to be at the forefront of global demand, with the market in the region expanding at a CAGR of 12.9% through 2026. Increased Demand from Health Care, Environment Monitoring, and Communication Sectors is driving the Global mid-infrared Lasers Market: The penetration of mid-infrared lasers has risen over the past few years in applications ranging from free space communication to medical diagnostic, as mid-IR spectrum offers very high optical transmission with lo