Analysts Are Bullish on These 3 Laser Tech Companies

Lasers are an often-overlooked technology with a broad array of applications in medicine, industrial settings, electronics, and more. The global market for laser technology is small but growing rapidly; valued at about $24 billion in 2024, it is expected to climb at a compound annual growth rate of 8% over a five-year period to reach close to $30 billion by 2029. A number of under-the-radar laser tech firms may be poised to capture a portion of this growth. Companies like nLIGHT Inc. NASDAQ: LASR, Coherent ...