Information Technology & Telecommunication / VCSEL Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Lumentum, II-VI Incorporated, Ams, TRUMPF, Broadcom
VCSEL Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Lumentum, II-VI Incorporated, ams, TRUMPF, Broadcom
The global VCSEL market is estimated to grow at 19.2% CAGR during the forecast period (2022-2027).
VCSEL Market Overview
Vertical cavity surface-emitting lasers are referred to as VCSELs. Traditional thermal imaging technologies are being replaced by efficient, low-cost, and small illumination systems. Infrared illuminations are made with VCSELs because they have a number of advantages, including low cost, excellent reliability, efficiency, a restricted emission spectrum, and a low diverging cylindrical beam. Surveillance, imaging, covert operations, and detection are all applications for infrared illuminators in a variety of end-use sectors, including the military. The demand for VCSELs has been significantly impacted as a result of this.
The rising 3D sensing applications in smartphones are major reasons driving the expansion of VCSELs. A dot projector, flood illuminator, and proximity sensor are all based on VCSEL laser components in 3D camera sensing. As a result, the market is growing due to the rising use of 3D sensing applications in smartphones. VCSELs also have a number of benefits, including excellent optical efficiency, low cost, wavelength stability, low power consumption, and higher modulating rates. As a result of these considerations, the market for VCSELs in 3D sensing applications has exploded.
The report aspects discussed the profile of the top manufacturers of the global VCSEL market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined VCSEL Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Recent Developments
April 7, 2022: Lumentum Announces Latest Series of High-Performance Multi-Junction VCSEL Arrays for Advanced Mobility and Industrial Applications--
Lumentum Holdings Inc. ("Lumentum"), a leading provider of vertical-cavity surface-emitting laser (VCSEL) arrays for light detection and ranging (LiDAR) and 3D sensing applications, today announced the M Series multi-junction VCSEL arrays for next-generation automotive, industrial LiDAR, and 3D sensing applications and availability of the first M Series product, the M51-100 905 nm 70 W multi-junction VCSEL array.
04/05/2022: TRUMPF announces new VCSEL products for advanced 3D sensing applications--
TRUMPF Photonic Components, a global leader in VCSEL and photodiode solutions, presents new advanced VCSEL solutions to expand its portfolio for 3D sensing in consumer and industrial applications. The new generation 940 nm VCSEL arrays enable breakthrough improvements in various functionalities combined with a high reliability performance such as long product lifetime at a broad temperature range.
What are the major Applications, Types and Regions for VCSEL Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Single Mode
Multimode
By Application, it is segmented into
Consumer Electronics
Data Center
Commercial & Industrial
Automotive
Healthcare
Military
VCSEL Market Regional Analysis
APAC has a large consumer electronics sector, with countries such as China, Japan, and South Korea, which is the largest manufacturer and end user of consumer gadgets. South Korea is a major producer of portable consumer electronics, while China is both a producer and a consumer of consumer electronics. VCSELs are already used in smartphones by companies like Samsung (South Korea), Huawei (China), Oppo (China), and Xiaomi (China). VCSELs are projected to be in high demand as new automotive technologies such as electric vehicles, LiDAR, and autonomous vehicles gain traction. Countries in APAC, such as China and South Korea, have led the way in adopting 5G communication technology, which will expand the market for VCSELs in data communication. Hence, for consumer electronics, the market in APAC is projected to continue to grow as markets in North America and Europe continue to stagnate over time.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The VCSEL Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global VCSEL Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our VCSEL Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 19.2% over the forecast period (2022-2027)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
