According to a new market report published by Lucintel, the future of the vertical-cavity surface-emitting laser (VCSEL) market looks promising with opportunities in the consumer electronics, data center, commercial & industrial, automotive, healthcare, and military industries. The global VCSEL market is expected to grow with a CAGR of 23% from 2021 to 2026. The major drivers for this market are growing demand for VCSEL in LiDAR system for autonomous vehicles and increasing adoption of VCSEL in data centers.
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In this market, single-mode and multimode VCSEL are used in a wide range of industries. Multimode will remain the largest segment due to growing demand for sensing, industrial, and LiDAR applications.
Within the VCSEL market, consumer electronics will remain the largest end use industry during the forecast period due to increasing demand for 3D sensing applications in smartphones for facial recognition technology.
Asia Pacific will remain the largest region during the forecast period due to increasing interest of smartphone manufacturers on adopting 3D sensing applications in smartphones.
Lumentum, ams, TRUMPF, Broadcom, Leonardo Electronics, MKS Instruments, Santec, VERTILAS, Vertilite, Alight Technologies, Coherent, Inneos, Thorlabs, TriLumina, TT Electronics, and Ushio America are among the major VCSEL manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global VCSEL market by type, material, data rate, wavelength, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global VCSEL Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global VCSEL market by type, material, data rate, wavelength, application, end use industry, and region as follows:
By Type [$M shipment analysis for 2015 – 2026]:
By Material [$M shipment analysis for 2015 – 2026]:
Gallium Arsenide (GaAs)
Indium Phosphide (InP)
Others
By Data Rate [$M shipment analysis for 2015 – 2026]:
Up to 10 Gbps
10.1 to 25 Gbps
Above 25 Gbps
By Wavelength [$M shipment analysis for 2015 – 2026]:
Red
Near Infrared (NIR)
Short Wave Infrared (SWIR)
By Application [$M shipment analysis for 2015 – 2026]:
Sensing
Data Communication
Industrial Heating & Printing
Emerging & Other Applications
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Consumer Electronics
Data Center
Commercial & Industrial
Automotive
Healthcare
Military
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.