Global Electro-Absorption Modulated Laser (EML) Market: Current Trends and Future Prospects
EML (Electro-absorption Modulated Laser) Market Size The global market for electro-absorption modulated lasers (EMLs) exhibited a commendable performance in 2022, reaching a substantial valuation of approximately USD 507.12 million. Looking ahead, industry experts anticipate a robust growth trajectory for the EML market, projecting it to expand significantly and reach a staggering valuation of around USD 1220 million by the year 2030. This impressive growth is expected to be driven by a compound annual growth rate (CAGR) of approximately 11.86% during the period spanning from 2023 to 2030. These promising figures underscore the immense potential and increasing demand for EMLs in various sectors. What is EML (electro-absorption modulated laser)? Electro-Absorption Modulated Laser is what “EML” stands for in the industry. It is a cutting-edge semiconductor laser device that combines the functionalities of direct modulation lasers and external modulators in one convenien...