Vertical Cavity Surface Emitting Lasers Market – An Overview
Worldwide sales of vertical cavity surface emitting lasers were valued at over US$ 1 Bn in 2017, and the demand is further likely to tread on an ever-increasing path. This increase in demand for vertical cavity surface emitting lasers can be attributed to multiple factors, such as rising adoption of vertical cavity surface emitting lasers in proximity sensing & medical applications, increasing use of vertical cavity surface emitting lasers in data communication and infrared illumination, and others.
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Vertical Cavity Surface Emitting Lasers Market- Dynamics
Vertical Cavity Surface Emitting Lasers Market- Single-mode VCSEL to Witness Growing Demand as Compared to Multimode Ones
End users are likely to show higher inclination toward single-mode vertical cavity surface emitting lasers over the multi-mode counterparts. Though multimode vertical cavity surface emitting lasers accounted for a significant share in 2017, demand for single-mode vertical cavity surface emitting lasers is likely to witness exponential growth over the forecast period. This growth in demand for single-mode vertical cavity surface emitting lasers can be accredited to their ability to serve multimodal sensing applications, notably in the consumer electronics landscape.
Vertical Cavity Surface Emitting Lasers Market- Opportunities Abound as VCSELs Witness Extensive Adoption across Multifarious Applications
Over the years, vertical cavity surface emitting lasers (VCSELs) have found their way into multiple applications across thousands of landscape, both commercial as well as industrial. One of such key functionalities of vertical cavity surface emitting lasers (VCSELs) is signal processing, notably for flip-flop operations with extremely low switching energy.
Laser mouse on laptops are one of such ubiquitous applications of vertical cavity surface emitting lasers and many other applications in consumer electronics. This, in turn, is foreseen to create bountiful opportunities for the key players of vertical cavity surface emitting lasers market from an investment-making standpoint. Some other applications of vertical cavity surface emitting lasers include facial recognition in mobile devices, collision avoidance systems in vehicles, miniature atomic clocks, and laser printers.
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Vertical Cavity Surface Emitting Lasers Market – Segmentation
By material, the vertical cavity surface emitting lasers market is segmented into
- GaAs
- InP
- GaN
- Others
By mode type, the vertical cavity surface emitting lasers market is segmented into
- Multimode
- Single Mode
By application, the vertical cavity surface emitting lasers market is segmented into
- Data Communication
- Pumping
- Industrial Heating
- Sensing
- Infrared Illumination
- Others
By end use, the vertical cavity surface emitting lasers market is segmented into
- Data Center
- Industrial
- Consumer Electronics
- Healthcare
- Military
- Automotive
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
Highlights of the report:
- A complete backdrop analysis of vertical cavity surface emitting lasers market, which includes an assessment of the parent market
- Important changes in market dynamics of vertical cavity surface emitting lasers market
- Market segmentation of vertical cavity surface emitting lasers market up to the second or third level
- Historical, current, and projected size of the vertical cavity surface emitting lasers market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments in vertical cavity surface emitting lasers market
- Market shares and strategies of key players in the vertical cavity surface emitting lasers market
- Emerging niche segments and regional markets in the vertical cavity surface emitting lasers market
- An objective assessment of the trajectory of the vertical cavity surface emitting lasers market
- Recommendations to companies for strengthening their foothold in the market
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