Vertical-Cavity Surface-Emitting Lasers (VCSEL) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Single-Mode, Multimode VCSEL), By Material (Gallium Arsenide, Gallium Nitride, Indium Phosphide, Others), By Application (Sensing, Data Communication, Industrial Heating, Lidar, Others), By Region, and Competition
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationVertical-Cavity Surface-Emitting Lasers (VCSEL) Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Single-Mode, Multimode VCSEL), By Material (Gallium Arsenide, Gallium Nitride, Indium Phosphide, Others), By Application (Sensing, Data Communication, Industrial Heating, Lidar, Others), By Region, and Competition
| Forecast Period | 2023-2028 |
| Market Size (2022) | USD 2.54 Billion |
| CAGR (2023-2028) | 25.85% |
| Market Size (2028) | USD 9.95 Billion |
| Fastest Growing Segment | Multimode |
| Largest Market | North America |
Data Centers are increasing their use of VCSEL arrays
Vehicle safety systems' increasing integration will boost the need for VCSEL in sensing applications.
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Market Segmentation
Market players
Recent Development
- In August 2022, Lumentum Announces the Completion of the Neo Photonics Acquisition. This acquisition puts us in a better position for the lucrative growth opportunities brought by the digital transformation of work and life, which is fueling an unrelenting increase in the required volumes and performance of cloud and network infrastructure.
- In December 2022, to promote cooperation on sophisticated electrical and photonic devices, Coherent Corp. teamed up with two Korean organizations, the Electronics and Telecommunications Research Institute (ETRI) and the Korea Advanced Institute of Science & Technology (KAIST). Additionally, it will improve the business's standing in the Korean market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Type By Material By Application By Region |
| Regional scope | North America; Asia-Pacific; Europe; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; South Korea; Australia, Germany; United Kingdom; France; Belgium; Italy, Brazil; Colombia; Argentina; Saudi Arabia; South Africa; UAE; Israel |
| Key companies profiled | TRUMPF GmbH + Co. KG, Lumentum Holdings Inc, Broadcom Inc, Finisar Corporation, IQE PLC, Thorlabs, Inc, Ultra Communications, Inc, Vertilas Gmbh, Viavi Solutions, Inc, Vixar Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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