The global market for lasers is expected to grow about 11% in 2010 bringing total revenues to $5.91 billion for the year, according to a new industry forecast from Laser Focus World.
For the first time since 2000 worldwide laser sales fell during 2009 because of the worldwide recession. The new forecast anticipates a return to growth in 2010. Aided by a turnaround in the semiconductor and communication equipment business and in the general economic situation, the laser market should pull out of the downturn and return to 2006 levels.
Full story from Laser Focus World.