Saturday, January 28, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Technology and Telecom IT And ITES Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market Revenue, Segments, Outlook 2022-2028...

Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market Revenue, Segments, Outlook 2022-2028 – Ken Research

Market Overview

The vertical cavity surface emitting laser (VCSEL) is a type of semiconductor laser diode with a laser beam that emits light or an optical beam vertically from its top surface. Vertical cavity surface emitting laser (VCSEL) is used in various laser products, including computer mics, optics communication, smart glasses, etc. Some of the significant advantages of vertical cavity surface emitting laser (VCSEL) technology are wavelength stability, wavelength uniformity and spectrum width, wavelength temperature sensitivity, high-temperature operation, more power per unit area, higher beam quality, high reliability, scalability, and low cost.

According to Ken Research Analysis, the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market was valued at ~US$ 1 billion in 2017. It is estimated to be ~US$ 2 billion in 2022 and is expected to reach a market size of ~US$ 5 billion by 2028 growing with a CAGR of ~15% during 2022 to 2028. Some of the major factors that are likely to propel the growth of the market include increasing rising adoption of vertical cavity surface emitting lasers in data centers and the growing demand for 3d sensing applications.

Global Vertical Cavity Surface Emitting Lasers (VCSEL) MarketThe rising adoption of vertical cavity surface emitting lasers in data centers and the growing demand for 3D sensing applications are likely to propel the growth of the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.

  • Global demand for data centers has increased due to growth in internet traffic and digital data production. The foundation of many optical networks used in data centers is multi-mode fiber and VCSELs due to their high-speed data transmission capabilities.
  • Furthermore, the high data transmission rates, excellent durability, and low power consumption make them ideal for use as optical transceivers and make it possible to apply data analytics to enhance decision-making.

The Low Data Transmission Range of the Vertical Cavity Surface Emitting Lasers (VCSEL) is one of the major challenges hindering the growth of the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.

  • Limited data-transmission range is hindering the growth of the global Vertical Cavity Surface Emitting Lasers (VCSEL) market as the distance between locations increases directly affects the speed of data transmission. Only short-range applications, which can only transmit data over 100 meters, are believed to benefit from using VCSEL.
  • Furthermore, these devices limited optical power makes it impossible for sensors to transmit data over long distances such as optical data transfer, LAN, intra-system connections, and Ethernet connection.

The COVID-19 pandemic slowed the growth of the Global vertical cavity surface emitting laser (VCSEL) Market, owing to the worldwide lockdown by governments, which led to the shutdown of production and manufacturing activities as well as the unavailability of workers in various industries. As a result, production showed a decline in the Global vertical cavity surface emitting laser (VCSEL) market.

Scope of the Report

The global Vertical Cavity Surface Emitting Lasers (VCSEL) market is segmented by type, Material, Application, and end-user. In addition, the report also covers market size and forecasts for the four major regions for global Vertical Cavity Surface Emitting Lasers (VCSEL) markets. The revenue used to size and forecast the market for each segment is US$ billion.

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTY3

Key Trends by Market Segment

By Type:  The single-mode segment by type held the largest market share in 2021 in the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.

  • The growth is primarily due to the rising usage of mobile apps and single-mode VCSELs capacity to reduce power consumption, prolong battery life, and enhance user experience. Due to their low power consumption, high output, and efficiency, they are employed in mobile industrial applications, wireless laser mice, and mobile phones.
  • Furthermore, Single-mode VCSELs have reduced attenuation, which enables the signal to travel further due to which improved coupling with the optical fiber can be seen which results in a better connection.

Global Vertical Cavity Surface Emitting Lasers (VCSEL) MarketBy Material: Gallium Arsenide Material is projected to be the fastest-growing segment during the forecast period in the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.

  • The growth is primarily due to the ability of Gallium Arsenide to meet the requirements for high quality and fast speed in multimedia applications as well as the increased demand for GaAs-based VCSELs in the consumer electronics sector.
  • Gallium Arsenide (GaAs) based VCSELs are increasingly being used due to their benefits in a variety of consumer electronics applications, which include a low current threshold, low power requirements, and a tiny divergence angle.

By Application: The sensing segment is expected to be the fastest-growing segment during the forecast period for the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.

  • The growth is primarily due to the rise in demand for Advances in logistics, home & building automation, and Industry 4.0 technologies for face and objects recognition.
  • VCSELs are widely being adopted for sensing applications in smartphones, automotive, manufacturing, and consumer electronics industries due to the increasing speed and accuracy of VCSEL-based sensors.

By End-User: The Consumer Electronics segment dominated the global Vertical Cavity Surface Emitting Lasers (VCSEL) market in 2021.

  • The rapid development of digital technologies and the rising global demand for consumer electronics products are credited for this segment’s strong growth rate.
  • Global demand for VCSELs has increased since VCSELs with cutting-edge capabilities are being increasingly integrated into laser autofocus and proximity sensors in consumer electronics gadgets that includes 3D sensing, face recognition, and visual imaging.

By Geography: Asia Pacific accounted for the largest market share among all regions within the within the total Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market in 2021.

  • The greatest consumer electronics and automotive markets, the proliferation of data centers, and significant industrial growth are all contributing to the rapid expansion of VCSEL adoption in the Asia-Pacific region.
  • As the major markets for electronics in the world are China, Japan, South Korea, Taiwan, Malaysia, and Vietnam, which account for the majority of production investments. Given that Consumer Electronics are the primary application for VCSELs, the market in Asia-Pacific is expected to expand rapidly over the coming years.

Major Regions by Revenue Share-VCSELCompetitive Landscape

The global Vertical Cavity Surface Emitting Lasers (VCSEL) market is fairly competitive with ~100 players, which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Vertical Cavity Surface Emitting Lasers (VCSEL) manufacturers. Large global players constitute ~25% of competitors, while country-niche players represent ~40% of competitors. Most of the country-niche players and regional players are suppliers of components or assembling partners of global players. Some of the major players in the market include TRUMPF Group, Coherent Corp., Lumentum Operations LLC, Hamamatsu Photonics K.K, OSRAM AG, Vixar Inc., HLJ Technology Co. Ltd, Teledyne FLIR LLC, Vertilite, Alight Technologies ApS, and among others.

Competitive Landscape of Global Vertical Cavity SurfaceRecent Developments Related to Major Players

  • In November 2020, Vixar Inc. launched a reference module for the time of flight (TOF) applications. The module will consist of a VCSEL die along with driver electronics that will able to generate 80w of optical power in a 50 ns pulse width.
  • In February 2022, TRUMPF Group acquired Active Fiber Systems that is a fiber laser-based company located in Jena, Germany with This acquisition Trumpf group will able to expand in living fiber laser technology, which is focused on data communication and industrial heating applications such as precision welding and additive manufacturing.

Key Topics Covered in the Report

  • Snapshot of Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
  • Industry Value Chain and Ecosystem Analysis
  • Market size and Segmentation of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
  • Historic Growth of the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and Segments
  • Competition Scenario of the Market and Key Developments of Competitors
  • Porter’s 5 Forces Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
  • Overview, Product Offerings, and Strategic Developments of Key Competitors
  • COVID-19 Impact on the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
  • Future Market Forecast and Growth Rates of the Total Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and by Segments
  • Market Size of Material/End-user Segments with Historical CAGR and Future Forecasts
  • Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
  • Major Production/Supply and Consumption/Demand Hubs within Each Major Country
  • Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
  • Overview of Notable Emerging Competitor Companies within Each Region

Key Players Mentioned in the Report

  • TRUMPF Group
  • Coherent Corp.
  • Lumentum Operations LLC
  • Hamamatsu Photonics K.K
  • OSRAM AG
  • Vixar Inc.
  • HLJ Technology Co. Ltd
  • Teledyne FLIR LLC
  • Vertilite
  • Alight Technologies ApS

Notable Emerging Companies Mentioned in the Report

  • Nostics
  • Marvel Fusion
  • LongPath Technologies
  • QLM TECHNOLOGY LTD
  • Nuburu

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

  • Vertical Cavity Surface Emitting Lasers (VCSEL) Manufacturers
  • Vertical Cavity Surface Emitting Lasers (VCSEL) Products Manufacturers
  • Vertical Cavity Surface Emitting Lasers (VCSEL) Raw Material Suppliers
  • Vertical Cavity Surface Emitting Lasers (VCSEL) Industry Association
  • Vertical Cavity Surface Emitting Lasers (VCSEL) Companies
  • Venture Capitalists Targeting Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
  • Defense Electronics Research Organizations
  • Navigation Technology Solutions Companies
  • Potential Entrants into Advanced Electronics Industry
  • Government Ministries and Departments of Electronics
  • Defense Electronics Regulatory Authorities

Request For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTY3

Time Period Captured in the Report

  • Historical Period: 2017-202
  • Forecast Period: 2022E-2028F

For more information on the research report, refer to the below link:

Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

RELATED ARTICLES

Growing Volume of Big Data and Low Costs to Enterprises will Boost Germany Hyperscale Data Center Market: Ken Research

Buy Now 1. Hyperscale Data Center market in Germany expanded at a CAGR of 21.7% in between 2017 and 2022P. To Know More about this report, download...

Shifts In Creative Media Content Towards Content Delivery Networks, Iot, Growth Of Big Data And The Roll Out Of 5G Is Driving The Demand...

Buy Now The market is Fragmented with several important players. Equinix, Digital Reality, Iron Mountain are among the top players in the market. Top Hyper Scale...

Germany Hyperscale Data Centre Market is in the Growing Stage, Driven by Continuous Efforts of the Government to Improve Digital Economy to Undertake Technological...

Buy Now New business models are likely to emerge including pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable...

Most Popular

Rising demand of personal vehicles with increasing population and future expansion strategies of market players to drive the Lubricants Market in Philippines: Ken Research

Buy Now Philippines Lubricants Market Ecosystem The Philippines lubricants market is fragmented with too many lubricant manufacturers operating in the industry. Petron and Shell are the...

Dossier 360, Provides You Unrestricted Access to All Bundled Research Reports: Ken Research

Ken Research is one of the best market research and consulting firm, based out of India, UAE, and Indonesia. We recommend business intelligence and...

Around 80% of the BNPL Market revenue in UAE was generated by Online mode of payment fueled by the Covid-19 pandemic: Ken Research

Buy Now 1.  The Covid-19 pandemic is a driving force in exhilarating and paving the way for newer companies to enter the BNPL space in...

The versatile nature and being great substitutes for helicopters, unmanned flights at a lower cost, the USA Drone market is expected to flourish in...

Buy Now USA Drone Market Ecosystem USA Drone Market is in the growing stage, the market is majorly consolidated. Domestic and International players coexist in the...