Vertical Cavity Surface Emitting Laser Vcsel Market

Vertical Cavity Surface Emitting Laser (VCSEL) - Global Market Outlook (2020-2028)

4.9 (64 reviews)
Published: April 2021 ID: SMRC20427
4.9 (64 reviews)
Published: April 2021 ID: SMRC20427

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Vertical Cavity Surface Emitting Laser (VCSEL) Market is accounted for $1.11 billion in 2020 and is expected to reach $5.16 billion by 2028 growing at a CAGR of 21.2% during the forecast period. Increasing 3D sensing application in smartphones, rising adoption of VCSEL in data centres, growing government initiative to accelerate 5G deployment, and growing demand in medical diagnostic applications are the major factors propelling the market growth. However, limited data transmission range of VCSEL is hampering the market growth.

VCSEL is referred as a semiconductor-based laser diode emitting optical beam or light perpendicular from its top surface. VCSELs are critical components in multiple existing and future 3D sensor systems, using both structured light and time-of-flight (ToF) technologies. These sensors also offer superior reliability and surface emission that offer design flexibility, which making them an ideal fit for wide-range applications. Vertical cavity surface emitting lasers (VCSEL) are more precisely laser diodes which is semiconductor lasers with monolithic laser resonator. Vertical cavity surface emitting lasers (VCSEL) are majorly used over conventional counterparts. These include high compatibility with other circuits and detectors, scalability, high reliability, package ability, and consumption of low power.

Based on data rate, the 25 Gbps segment is going to have a lucrative growth during the forecast period owing to the growing adoption of connected devices, smartphones, and IoT devices which has resulted in high data traffic across the networks. In the same way, with the growing adoption of 5G network, data traffic would significantly increase, which requires advanced optical components to enable efficient data transmission across the networks. So, many hyper scale data centre operators such as Apple, Microsoft, Facebook, Amazon, and Google are shifting toward the adoption of high-speed transceivers and AOCs, which operate at 100G, 200G, and 400G data rates. Increasing adoption of high data rate offering transceivers such as 200G and 400G transceivers in hyper scale data centres is expected to drive the growth of the above 25 Gbps VCSELs segment, as these VCSELs supports high data rate offering modules.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the factors such as the large consumer electronics industry, various on-going autonomous vehicle projects in the region, and the high proliferation of data centres in countries such as China, Singapore, India, and many Southeast Asian countries. The increasing importance of VCSELs and the interest of OEMs to adopt these VCSELs in smart devices are expected to drive the growth of the market. China is expected to hold the largest market share and is likely to record the highest CAGR in the VCSEL market. China is witnessing a high demand for smartphones, wearable devices, and other connecting devices. Major players in the smartphone market, including Oppo, Vivo, Xiaomi, and Huawei are based in China. The increasing interest of smartphone manufacturers for the adoption of VCSELs in smartphones for 3D sensing or proximity sensing applications is the main driving factor for the market growth in this country.

Some of the key players profiled in the Vertical Cavity Surface Emitting Laser (VCSEL) Market include Alight Technologies, Broadcom Limited, Coherent, Inc., Finisar Corporation, II-VI Incorporated, Inneos, IQE Public Limited Company, Leonardo Electronics, Lumentum Holdings, Inc, Newport Corporation, Panasonic Corporation, Princeton Optronics Inc, Royal Philips Electronics N.V, Santec, Schneider Electric SA, Thorlabs, TriLumina, TRUMPF, VERTILAS, and Vertilite.
Types Covered:
• Multi-Mode
• Single Mode

Materials Covered:
• Aluminium Gallium Arsenide (AlGaAs)
• Gallium Arsenide (GaAs)
• Gallium Nitride (GaN)
• Indium Gallium Arsenide (InGaAs)
• Indium Phosphide (InP)
• Gallium Indium Arsenide Antimonide (GaInAsSb)

Data Rates Covered:
• Up to 10 GBPS
• 10.1 to 25 GBPS
• Above 25 GBPS

Colors Covered:
• Red
• Green
• Blue-Violet
• Infrared (IR)
• Blue and Ultraviolet (UV)

Wavelengths Covered:
• < 850 nm
• 850 - 940 nm
• 940 - 1,050 nm
• > 1,050 nm

Applications Covered:
• Absorption Spectroscopy
• Analog Broadband Signal Transmission
• Atomic Clocks & GPS
• Biological Tissue Analysis
• Chip Scale Atomic Clocks
• Data Communication
• In-cabin Sensing
• Industrial Heating & Laser Printing
• Infrared Illumination
• Magnetometer
• Optical Fiber Data Transmission
• Pulse Oximetry
• Sensing
• Pumping

End Users Covered:
• Aerospace & Defense
• Automotive and Transportation
• Consumer Electronics
• Data Centre
• Healthcare
• Industrial
• Information Technology (IT) and Telecom
• Military (Surveillance)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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