This significant growth is fueled by the increasing demand for high-performance optical communication systems, advancements in spectroscopy applications, and the expansion of data centers.

“The Tunable Laser Market Size was valued at USD 18.88 Billion in 2023 and it is expected to reach USD 54.06 Billion by 2032 with a growing CAGR of 12.4% over the forecast period 2024-2032” – Research by SNS Insider.