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| Application | Projected Growth Rate (CAGR) | Key Trends | Region | Market Share (%) |
|---|---|---|---|---|
| Medical Imaging | 8.5% | Increased adoption of advanced imaging technology | North America | 30% |
| Industrial Applications | 7.2% | Innovation in photonics and sensing technology | Europe | 25% |
| Consumer Electronics | 5.9% | Growing demand for high-performance displays | Asia-Pacific | 28% |
| Defense and Security | 6.7% | Advancements in surveillance and imaging technology | Middle East | 15% |
| Research and Development | 9.0% | Emerging research technologies and materials | Global | 12% |