VCSEL Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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VCSEL Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : May, 2021 | Semiconductor & Electronics

Report Digest

Global VCSEL Market: Overview 

Vertical cavity surface emitting laser (VCSEL) refers to a specialized laser diode that is envisaged to transform fiber optic communications in terms of improved efficiency and increased data speed. 

VCSELs offer several advantages over older edge-emitting diodes. This includes their low manufacturing cost, easier testing, and higher efficiency. In addition, VCSELs require low electrical current to generate a desired coherent energy output. VCSELs emit a narrow nearly circular beam than what traditional edge-emitting diodes deliver, which makes it easier to transfer energy from a device to an optical fiber. 

Global VCSEL Market: Key Trends 

VCSELs are used across a wide range of applications due to their advantages of compact size, low power requirements, high reliability, and low manufacturing costs. This, along with the rising use of electrical systems in automobiles is fuelling the growth of the global VCSEL market. 

VCSELs are extensively used in medical applications and proximity sensing due to their high-power efficiency and additional capabilities of low diversion, low heat, high beam light, and greater accuracy. 

VCSEL are used across several end users such as consumer electronics, automotive, data center, industrial, and healthcare. Low manufacturing cost and high reliability of VCSEL have led to their increased use in consumer electronics. However, the data center segment stood as the leading segment in the recent past due to surging high data transfer rates leading to the greater use of VCSELs. 

Multimode VCSELs are expected to be the leading product segment in the near future due to several offerings. Multimode VCSELs offer better modulation and high speed, which makes them preferable over single-mode VCSELs. Multimode VCSELs are used in data communication and 3D imaging applications. On the other hand, single-mode VCSELs are mainly used in sensing applications such as bar code, printing, and others. 

The limitation pertaining to data transmission range is one of the major drawbacks of VCSELs. While the attenuation is elevated in multimode fiber the signal degrades as the distance increases. As a result, transmission of data becomes difficult over a certain distance due to weak signal strength. These factors are challenging the growth of the VCSEL market. 

However, development of advanced lasers is underway to increase transmission range using VCSELs, which would augment their implementation for applications. 

Global VCSEL Market: Market Potential

Mergers and acquisitions and strategic partnerships are key growth strategies that top companies in the market are focused on. In a recent industry development, Austrian semiconductor manufacturer ams has completed discussions to acquire U.S. –based Princeton Optronics Inc. The latter designs and develops high-power VCSELs in both single and multimode and also VCSEL arrays for consumer electronics, automotive, and industrial applications. 

Global VCSEL Market: Regional Outlook 

North America has been the leading market for VSCEL over the past few years. The presence of some of the leading companies has been the major factor for the dynamic growth of the region. 

Asia Pacific is expected to display significant growth in the VCSEL market in the near future. The increasing per capita income and increasing affordability for premium automobiles are indirectly driving the growth of the VCSEL market. Countries such as India, China, and Singapore are contributing to the VCSEL market owing to the modernization of infrastructure and support from respective governments. These factors are collectively aiding the growth of the APAC VCSEL market. 

Global VSCEL Market: Competitive Landscape 

Some top players in the global VSCEL market are Broadcom Limited, Lumentum Holdings Inc., II-VI Incorporated, Vertilas GmbH, Vixar Inc., Finisar Corporation, Royal Philips Electronics N.V., IQE PLC, Princeton Optronics Inc., and Santec Corporation.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?