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The future of the vertical-cavity surface-emitting laser (VCSEL) market looks promising with opportunities in the consumer electronics, data center, commercial & industrial, automotive, healthcare, and military industries. The global VCSEL market is expected to grow with a CAGR of 22% to 24% from 2021 to 2026. The major drivers for this market are growing demand for VCSEL in LiDAR system for autonomous vehicles and increasing adoption of VCSEL in data centers.
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