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Laser diodes, also known as diode lasers, are semiconductor devices which produce coherent radiation in the visible or infrared (IR) spectrum when electric current passes through them. According to the latest report by IMARC Group, titled “Laser Diode Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the global laser diode market reached a value more than US$ 7 Billion in 2016.
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