Vertical Cavity Surface Emitting Laser (VCSEL) Market 2021-2027
New Study Reports " VCSEL Market 2021, Analysis, Growth, Size, Trends Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
Starting with the overview of the VCSEL Market, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
VCSEL Market was valued at USD 1.65 Billion in 2018; it is expected to reach USD 4.86 Billion by the end of the forecast period at a CAGR of 17.1%.
A vertical cavity surface emitting laser is a type of semiconductor laser diode with laser beam emission. Vertical cavity surface emitting lasers are used in multiple existing and advanced 3ad sensor systems. It uses both structured light and ToF technologies. It has a wide range of applications from 3D facial identification, the world-facing camera on Mobile to light detection and in-cabin sensing for vehicles. The growing demand for computer and television displays and the need for higher resolution, thinner profiles, and large size is driving the growth of the VCSEL market size.
An increasing number of data centers all around the world that is driven by the cloud computing and wireless communication market is so boosting the opportunity for the vertical cavity surface emitting laser (VCSEL) industry. The automotive industry has a huge part in the vertical cavity surface emitting laser market. The adoption of driverless vehicles, data transmission, and medical imaging in the automotive industry is one of the reasons behind VCSEL market growth. It is hard to replace LED Technology for the vertical cavity surface emitting laser market, but the laser light makes it useful where LED won’t work.
Key Players
The report has profiled some of the Important players prevalent in the global like – Santec Corporation, Vertilas GmbH, AMS Technologies AG, Vixar Inc, II-VI Inc., IQE PLC, Broadcom Inc., Philips GmbH Photonics, Finisar Corporation, Lumentum Holdings, TT Electronics PLC, Coherent Inc., NeoPhotonics Corporation, Newport Corporation, and Necsel Laser and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the VCSEL.
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Market segmentation
The vertical cavity surface emitting laser market is divided on the basis of type, material, end-user, and region.
The type of vertical cavity surface emitting laser market includes single-mode and multi-mode.
The material segment of the vertical cavity surface emitting laser market includes gallium, indium phosphide, gallium nitride, and others.
The vertical cavity surface emitting laser market end-user segment includes consumer electronics (mobiles, cameras, face recognition, and other), automotive industry (air quality monitoring, driver monitoring, LiDAR, and other), healthcare sector (eye-tracking, pulse oximeter, and others), the industrial sector (gas sensing, heating systems, printing, and others), IT (data communications, optical cables, and others).
The VSCELE region segment includes regions such as North America, Europe, Asia Pacific, and other regions.
Regional overview
Globally the major regions of the vertical cavity surface emitting laser (VCSEL) industry are North America, Asia Pacific, Europe, South America, and Middle East & Africa. The North American region has the highest Vcsel market growth, and it is dominating the market. However, Asia Pacific is growing at a faster rate due to the region has smartphone manufacturing, semiconductor manufacturing, and electronics manufacturing industries. This region also has large mobile companies that are driving the Vcsel market growth. Rising demand for IT and telecommunication equipment that use VCSEL, adoption of devices for energy in all the regions across the world have a huge impact on the growth of VCSEL market size.
Industry news
Covid-19 has severely affected the VCSEL market growth due to the halt in operations of several electronic industries and automotive industries. Due to the covid-19 outbreak in many regions like India, China, USA the electronic operations production is stopped. The economy around the world is also suffering, and it has affected the production capacity and opportunities for the vertical cavity surface emitting laser (VCSEL) industry.
Key Stakeholders
Vertical Cavity Surface Emitting Laser (VCSEL) Market Manufacturers
Vertical Cavity Surface Emitting Laser (VCSEL) Market Distributors/Traders/Wholesalers
Vertical Cavity Surface Emitting Laser (VCSEL) Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Vertical Cavity Surface Emitting Laser (VCSEL) Industry, By Component
6 Global Vertical Cavity Surface Emitting Laser (VCSEL) Industry, by Technology
7 Global Vertical Cavity Surface Emitting Laser (VCSEL) Industry, by Application
8 Global Vertical Cavity Surface Emitting Laser (VCSEL) Industry, By Industry
9 Global Vertical Cavity Surface Emitting Laser (VCSEL) Industry, By Region
10 Competitive Landscape
And more
Continued...
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