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Global Quantum Cascade Laser Market 2017-2021 | Military and Defense Segment Dominates the Global Market | TechnavioAccording to the global quantum cascade laser market research report released by Technavio, the market is expected to accelerate at a CAGR of almost 4% during the forecast period. The growing use of gas sensing and chemical detection devices is one of the key market drivers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180920005941/en/ According to the global quantum cascade laser market research report released by Technavio, the market is expected to accelerate at a CAGR of almost 4% until 2021. (Graphic: Business Wire) This research report titled 'Global Quantum Cascade Laser Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions. This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing The global quantumcascade laser market analysis categorizes the market into the following end-users:
In 2016, the military and defense segment was valued at around USD 104 million and is projected to grow to USD 125 million by 2021, exhibiting almost USD 21 million increase in the market revenue share. Global quantum cascade laser market: Top emerging trend The commercialization of photonic biochemical sensors is an emerging market trend. The healthcare industry is one of the major application areas of photonic biochemical sensors. These sensors can be used for the detection of neurological conditions. Cerebrovascular disease is presently one of the most common life-threatening diseases and is one of the leading causes of long-term disability. Research indicates that photonic biochemical sensors can detect biological indicators/markers in a patient's blood, eliminating the need for MRIs. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Technavio's report provides expert market research on the following topics: Executive Report Market Insights
Market Segmentation Analysis
Vendor Landscape
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