Dec 9, 2020   SOURCE: BusinessWire

Global VCSEL Market (2020 to 2030) - by Type, Application, Materials and End-users - ResearchAndMarkets.com

The "VCSEL Market by Type, by Application, by Materials, by End Users - Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The Global VCSEL Market was estimated at USD 2.62 billion in 2019 and is anticipated to reach USD 12.79 billion by 2030 expanding at a CAGR of 15.5% during the forecast period, between 2020 and 2030. A vertical cavity surface emitting laser (VCSEL) is a type of semiconductor laser mostly used in the communication sector. It emits high power optical lasers from a vertical surface and operate within the wavelength of 850 nm to 1310 nm. It has a data transmission rate of 2.12-150 Gbps.

Increase in data communication, rise in the use of VCSEL in infrared illumination, and technological advancements are expected to boost the growth of VCSEL market during the forecast period. Additionally, wide application of VCSEL in the automotive electronics and consumer electronics are propelling the market. However, high cost and limited range of data transmission are expected to inhibit the VCSEL market during the forecast period.

The global VCSEL market share is segmented on the basis of type, application, and geography. On the basis of type, the market is segmented into Single-mode VCSEL and Multimode VCSEL. Based on application, the market is classified as data communication, sensing, infrared illumination, pumping, GPS, and Others. Based on geography, the market is fragmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

North America is expected to hold major share of the market owing to the increase in the adoption of VCSEL in data communication. Furthermore, presence of advanced technology and rise in the demand for developed infrastructure, and increase in the demand for automotive and consumer electronics are further expected to fuel the VCSEL market in this region. The market in Asia Pacific is projected to grow during the forecast period owing to its wide application, increase in the demand for efficient communication, and increase in R&D activities.

Key Players

  • Alight Technologies APS
  • Sumitomo Electric Industries Ltd
  • Panasonic Corporation
  • Finisar Corporation
  • ams AG
  • Philips Photonics (TRUMPF Group)
  • Frankfurt Laser Company
  • II-VI Laser Enterprise GmbH
  • Coherent Inc.
  • Broadcom Inc.
  • Vertilas GmbH
  • OSRAM Opto Semiconductors GmbH
  • Lumentum Operations LLC (Lumentum Holdings Inc.)
  • PD-LD Inc.
  • Sacher Lasertechnik GmbH

Key Topics Covered:

1. Introduction

2. Market Snapshot, 2019-2030 Million USD

2.1. Market Snapshot

3. Porter's Five Force Model Analysis

4. Market Dynamics

4.1. Growth Drivers

4.2. Challenges

4.3. Opportunities

5. Global VCSEL Market, by Type

5.1. Overview

5.2. Single-Mode

5.3. Multimode

6. Global VCSEL Market, by Application

6.1. Overview

6.2. Data Communication

6.2.1 Data Communication Market, by Region

6.2.1.1 North America Data Communication Market, by Country

6.2.1.2 Europe Data Communication Market, by Country

6.2.1.3 Asia-Pacific Data Communication Market, by Country

6.2.1.4 Rest of World Data Communication Market, by Country

6.3. Infrared Illumination

6.3.1 Infrared Illumination Market, by Region

6.3.1.1 North America Infrared Illumination Market, by Country

6.3.1.2 Europe Infrared Illumination Market, by Country

6.3.1.3 Asia-Pacific Infrared Illumination Market, by Country

6.3.1.4 Rest of World Infrared Illumination Market, by Country

6.4. Sensing

6.4.1 Sensing Market, by Region

6.4.1.1 North America Sensing Market, by Country

6.4.1.2 Europe Sensing Market, by Country

6.4.1.3 Asia-Pacific Sensing Market, by Country

6.4.1.4 Rest of World Sensing Market, by Country

6.5. Pumping

6.5.1 Pumping Market, by Region

6.5.1.1 North America Pumping Market, by Country

6.5.1.2 Europe Pumping Market, by Country

6.5.1.3 Asia-Pacific Pumping Market, by Country

6.5.1.4 Rest of World Pumping Market, by Country

6.6. GPS

6.6.1 GPS Market, by Region

6.6.1.1 North America GPS Market, by Country

6.6.1.2 Europe GPS Market, by Country

6.6.1.3 Asia-Pacific GPS Market, by Country

6.6.1.4 Rest of World GPS Market, by Country

6.7. Others

6.7.1 Others Market, by Region

6.7.1.1 North America Others Market, by Country

6.7.1.2 Europe Others Market, by Country

6.7.1.3 Asia-Pacific Others Market, by Country

6.7.1.4 Rest of World Others Market, by Country

7. Global VCSEL Market, by Region

7.1. Overview

7.2. North America

7.3. Europe

7.4. Asia-Pacific

7.5. Rest of World

8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/hn0jpd