VCSEL Market Overview:
A Vertical-cavity Surface Emitting Laser (VCSEL) is a semiconductor-based laser diode that emits high power optical laser beam vertically from its top surface. Such devices replace edge emitting lasers (EEL) offering a wide range of applications especially in networks. A VSCEL device operates within a wavelength of 850 nm to 1310 nm and at transmission rate of 2.125-150 Gbps.
Surge in demand of VCSEL in data communication is expected to boost the market. Further, rise in usage of VCSELs in infrared illumination owing to technological advancements is also anticipated to fuel the market growth. However, high cost and limitations in data range of VCSELs hinders the market. Furthermore, demand for VCSELs in consumer electronics is expected to boost the market in the upcoming years.
Significant players operating in the market are Finisar Corporation, Avago Technologies, JDS Uniphase Corporation, Royal Philips Electronics N.V., II-VI Incorporated, IQE PLC, Vertilas GmbH, Princeton Optronics, Vixar Inc., and Ultra Communications Inc.
The VCSEL market is segmented based on type, application, and region. By type, the market is divided into single mode and multimode VCSEL. By application, the market is classified into data communications, infrared illumination, sensing, pumping, GPS, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top Impacting Factors
Factors that are expected to drive the global VCSEL market during the forecast period are surge in demand for VCSEL in data communication and rise in usage of VCSELs in infrared illumination owing to technological advancements. However, high cost and limitations in data range of VCSELs is expected to impede the market growth during the forecast period.
Surge in demand for VCSEL in data communications and rise in usage of infrared illumination owing to technological advancements majorly drive the global VCSEL market.
Limitations in data range of VCSELs majorly hampers the growth of the VCSEL market
Key Benefits for Stakeholders
- This study comprises analytical depiction of the global VCSEL market with current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
- Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.
VCSEL Market Key Market Segments:
- Single-mode VCSEL
- Multimode VCSEL
- Data Communications
- Infrared Illumination
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
Key Market Players Profiled
- Finisar Corporation
- Avago Technologies
- JDS Uniphase Corporation
- Royal Philips Electronics N.V.
- II-VI Incorporated
- IQE PLC
- Vertilas GmbH
- Princeton Optronics
- Vixar Inc.
- Ultra Communications Inc.