Global Laser Light Source HPC Market Outlook 2031

The global laser light source for HPC market is anticipated to grow with a CAGR of 14.03% over the forecast period, i.e., 2022-2031. Factors such as growing demand for HPC systems followed by increase in government funding for R&D initiatives are projected to drive the growth of the market in the coming year. Additionally, technology advancement to improve performances and also increasing deployment of data centers worldwide are also expected to boost the market growth. The market is estimated to garner a revenue of near to USD 500 Million by the end of 2031, up from a revenue of about 130 Million in the year 2021.

The global laser light source for HPC market is segmented by product into visible laser light sources, infrared laser light sources, and UV laser light sources. Out of these segments, the infrared laser light sources segment is anticipated to brought in the largest revenue of around USD 270 Million by the end of 2031. Further, the segment garnered a revenue of close to USD 60 Million in the year 2021.

On the basis of region, the global laser light source for HPC market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America, amongst the market in all the other regions, is anticipated to garner the largest revenue of more than 200 Million by the end of 2031. Moreover, in the year 2021, the market in this region generated a revenue of over 50 Million.

Some of the prominent industry leaders in the global laser light source for HPC market that are included in our report are Ayar Labs, Inc, Lumentum Operations LLC, Rockley Photonics Ltd, Fujitsu, RANOVUS Inc, POET Technologies, and others.