The Zacks Laser Systems and Components industry is suffering from challenging macroeconomic conditions globally, weak economic conditions in Europe and a sluggish economic environment in China. Continued economic uncertainty with low PMI numbers in Europe, North America and Japan is impacting industrial demand and capital investments. However, industry participants like Lumentum Holdings (LITE) and MicroVision (MVIS) benefit from upbeat demand from electric vehicles, electronics, semiconductors and healthca ...