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

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
• LiDAR
• 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 UAE
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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
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

1 Executive Summary         
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology      
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources     
  2.5.3 Assumptions      
          
3 Market Trend Analysis       
 3.1 Introduction       
 3.2 Drivers        
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats        
 3.6 Application Analysis      
 3.7 End User Analysis       
 3.8 Emerging Markets       
 3.9 Impact of Covid-19       
          
4 Porters Five Force Analysis       
 4.1 Bargaining power of suppliers      
 4.2 Bargaining power of buyers      
 4.3 Threat of substitutes      
 4.4 Threat of new entrants      
 4.5 Competitive rivalry       
          
5 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Type   
 5.1 Introduction       
 5.2 Multi-Mode       
 5.3 Single Mode       
          
6 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Material  
 6.1 Introduction       
 6.2 Aluminium Gallium Arsenide (AlGaAs)     
 6.3 Gallium Arsenide (GaAs)      
 6.4 Gallium Nitride (GaN)      
 6.5 Indium Gallium Arsenide (InGaAs)     
 6.6 Indium Phosphide (InP)      
 6.7 Gallium Indium Arsenide Antimonide (GaInAsSb)    
          
7 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Data Rate  
 7.1 Introduction       
 7.2 Up to 10 GBPS       
 7.3 10.1 to 25 GBPS       
 7.4 Above 25 GBPS       
          
8 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Color   
 8.1 Introduction       
 8.2 Red         
 8.3 Green        
 8.4 Blue-Violet       
 8.5 Infrared (IR)       
 8.6 Blue and Ultraviolet (UV)      
          
9 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Wavelength  
 9.1 Introduction       
 9.2 < 850 nm        
 9.3 850 - 940 nm       
 9.4 940 - 1,050 nm       
 9.5 > 1,050 nm       
          
10 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Application  
 10.1 Introduction       
 10.2 Absorption Spectroscopy      
 10.3 Analog Broadband Signal Transmission     
 10.4 Atomic Clocks & Global Positioning System (GPS)    
 10.5 Biological Tissue Analysis      
 10.6 Chip Scale Atomic Clocks      
 10.7 Data Communication      
 10.8 In-cabin Sensing       
 10.9 Industrial Heating & Laser Printing     
  10.9.1 Additive Manufacturing     
  10.9.2 Laser Printing      
 10.10 Infrared Illumination      
 10.11 LiDAR        
 10.12 Magnetometer       
 10.13 Optical Fiber Data Transmission     
 10.14 Pulse Oximetry       
 10.15 Sensing        
  10.15.1 3D Sensing      
   10.15.1.1 Time-of-Flight (ToF) Camera (Proximity sensing)  
   10.15.1.2 Structured Light Illumination    
   10.15.1.3 Facial & Gesture Recognition    
  10.15.2 Gas Sensing      
  10.15.3 Optical Mice/Computer Mice     
 10.16 Pumping        
          
11 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By End User  
 11.1 Introduction       
 11.2 Aerospace & Defense      
 11.3 Automotive and Transportation     
  11.3.1 Driver Monitoring      
  11.3.2 Infotainment Control     
  11.3.3 Air Quality Monitoring     
 11.4 Consumer Electronics      
 11.5 Data Centre       
 11.6 Healthcare/Medical       
 11.7 Commercial & Industrial      
 11.8 Information Technology (IT) and Telecom    
 11.9 Military (Surveillance)      
          
12 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market, By Geography  
 12.1 Introduction       
 12.2 North America       
  12.2.1 US       
  12.2.2 Canada       
  12.2.3 Mexico       
 12.3 Europe        
  12.3.1 Germany       
  12.3.2 UK       
  12.3.3 Italy       
  12.3.4 France       
  12.3.5 Spain       
  12.3.6 Rest of Europe      
 12.4 Asia Pacific       
  12.4.1 Japan       
  12.4.2 China       
  12.4.3 India       
  12.4.4 Australia       
  12.4.5 New Zealand      
  12.4.6 South Korea      
  12.4.7 Rest of Asia Pacific      
 12.5 South America       
  12.5.1 Argentina      
  12.5.2 Brazil       
  12.5.3 Chile       
  12.5.4 Rest of South America     
 12.6 Middle East & Africa      
  12.6.1 Saudi Arabia      
  12.6.2 UAE       
  12.6.3 Qatar       
  12.6.4 South Africa      
  12.6.5 Rest of Middle East & Africa     
          
13 Key Developments        
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 13.2 Acquisitions & Mergers      
 13.3 New Product Launch      
 13.4 Expansions       
 13.5 Other Key Strategies      
          
14 Company Profiling        
 14.1 Alight Technologies        
 14.2 Broadcom Limited       
 14.3 Coherent, Inc.       
 14.4 Finisar Corporation       
 14.5 II-VI Incorporated       
 14.6 Inneos        
 14.7 IQE Public Limited Company      
 14.8 Leonardo Electronics      
 14.9 Lumentum Holdings, Inc      
 14.10 Newport Corporation      
 14.11 Panasonic Corporation      
 14.12 Princeton Optronics Inc      
 14.13 Royal Philips Electronics N.V      
 14.14 Santec        
 14.15 Schneider Electric SA      
 14.16 Thorlabs        
 14.17 TriLumina       
 14.18 TRUMPF        
 14.19 VERTILAS        
 14.20 Vertilite        

 

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

List of Tables         
1 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Region (2019-2028) ($MN)
2 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Type (2019-2028) ($MN)
3 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Multi-Mode (2019-2028) ($MN)
4 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Single Mode (2019-2028) ($MN)
5 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Material (2019-2028) ($MN)
6 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Aluminium Gallium Arsenide (AlGaAs) (2019-2028) ($MN)
7 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Gallium Arsenide (GaAs) (2019-2028) ($MN)
8 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Gallium Nitride (GaN) (2019-2028) ($MN)
9 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Indium Gallium Arsenide (InGaAs) (2019-2028) ($MN)
10 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Indium Phosphide (InP) (2019-2028) ($MN)
11 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Gallium Indium Arsenide Antimonide (GaInAsSb) (2019-2028) ($MN)
12 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Data Rate (2019-2028) ($MN)
13 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Up to 10 GBPS (2019-2028) ($MN)
14 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By 10.1 to 25 GBPS (2019-2028) ($MN)
15 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Above 25 GBPS (2019-2028) ($MN)
16 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Color (2019-2028) ($MN)
17 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Red (2019-2028) ($MN)
18 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Green (2019-2028) ($MN)
19 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Blue-Violet (2019-2028) ($MN)
20 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Infrared (IR) (2019-2028) ($MN)
21 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Blue and Ultraviolet (UV) (2019-2028) ($MN)
22 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Wavelength (2019-2028) ($MN)
23 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By < 850 nm (2019-2028) ($MN)
24 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By 850 - 940 nm (2019-2028) ($MN)
25 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By 940 - 1,050 nm (2019-2028) ($MN)
26 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By > 1,050 nm (2019-2028) ($MN)
27 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Application (2019-2028) ($MN)
28 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Absorption Spectroscopy (2019-2028) ($MN)
29 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Analog Broadband Signal Transmission (2019-2028) ($MN)
30 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Atomic Clocks & GPS (2019-2028) ($MN)
31 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Biological Tissue Analysis (2019-2028) ($MN)
32 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Chip Scale Atomic Clocks (2019-2028) ($MN)
33 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Data Communication (2019-2028) ($MN)
34 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By In-cabin Sensing (2019-2028) ($MN)
35 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Industrial Heating & Laser Printing (2019-2028) ($MN)
36 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Additive Manufacturing (2019-2028) ($MN)
37 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Laser Printing (2019-2028) ($MN)
38 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Infrared Illumination (2019-2028) ($MN)
39 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By LiDAR (2019-2028) ($MN)
40 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Magnetometer (2019-2028) ($MN)
41 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Optical Fiber Data Transmission (2019-2028) ($MN)
42 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Pulse Oximetry (2019-2028) ($MN)
43 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Sensing (2019-2028) ($MN)
44 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By 3D Sensing (2019-2028) ($MN)
45 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Gas Sensing (2019-2028) ($MN)
46 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Optical Mice (2019-2028) ($MN)
47 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Pumping (2019-2028) ($MN)
48 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By End User (2019-2028) ($MN)
49 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Aerospace & Defense (2019-2028) ($MN)
50 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Automotive and Transportation (2019-2028) ($MN)
51 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Driver Monitoring (2019-2028) ($MN)
52 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Infotainment Control (2019-2028) ($MN)
53 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Air Quality Monitoring (2019-2028) ($MN)
54 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Consumer Electronics (2019-2028) ($MN)
55 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Data Centre (2019-2028) ($MN)
56 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Healthcare (2019-2028) ($MN)
57 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Industrial (2019-2028) ($MN)
58 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Information Technology (IT) and Telecom (2019-2028) ($MN)
59 Global Vertical Cavity Surface Emitting Laser (VCSEL) Market Outlook, By Military (Surveillance) (2019-2028) ($MN)

 

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