MARKET OVERVIEW
Indium Phosphide (InP) is a direct bandgap III-V compound semiconductor with a zincblende crystal structure, widely used in telecommunications (around 1550 nm) due to its efficiency in producing lasers, photodetectors, and modulators. Optimized InP lasers offer high spectral purity, strong optical power, and stable performance across temperature ranges.
MARKET SIZE & GROWTH
• The global InP Lasers Market was valued at 87.9 million in 2024.
• It is projected to reach US$ 187 million by 2031.
• The market is expected to grow at a CAGR of 11.7% during the forecast period.
