The solid-state laser market will reach $5.02 by 2030 at 9.7% CAGR, driven by demand in medical imaging, microelectronics, defense, and precision manufacturing.
The solid-state battery materials market will reach $4.03 by 2030 at 28.4% CAGR, driven by smart cities, edge computing, AI integration, wearable tech, and AR-enabled applications.
Solid state relay market grows from $1.56B in 2025 to $1.67B in 2026, reaching $2.17B by 2030, driven by industrial automation, electric mobility, smart devices
Global solid state lighting market to reach $76.88B by 2030 at 9% CAGR, driven by LEDs including high-power, mid-power, low-power, and high-brightness LEDs.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.