Vertical Cavity Surface Emitting Lasers (VCSELs) are a type of semiconductor laser diode with optical cavity aligned perpendicular to the p-n junction. Unlike edge-emitting lasers (EELs), VCSELs emit light perpendicular to the surface of the chip, allowing for a simpler fabrication process and more compact packaging. VCSELs are used in a variety of applications including data communications, optical storage, and medical imaging.
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Key Trends and Drivers
VCSELs offer a number of advantages over other types of lasers. VCSELs can be fabricated using a variety of methods including photolithography, making them compatible with standard semiconductor manufacturing processes. VCSELs also have a very small beam divergence, making them ideal for applications such as data communications and medical imaging. Additionally, VCSELs can be operated at very high speeds, making them suitable for use in optical storage applications.
The data communication application is expected to grow at the highest rate during the forecast period. The increasing demand for high-speed data communication is driving the growth of this application. VCSELs are widely used in data communication applications such as Ethernet, Fiber Channel, and InfiniBand.
Restraints & Challenges
The high investment costs and the need for a highly skilled workforce are the key restraints in the VCSEL market. The challenges in the VCSEL market are the need for a large volume of production, the need for a high degree of process control, and the need for a high level of purity of the materials used.
The VCSELs market can be segmented by type, application, and region. By type, the market can be divided into single-mode VCSEL and multimode VCSEL. By application, the market can be divided into data communications, infrared illumination, sensing, pumping, GPS, and others. and Region-wise, it is segmented into North America, Europe, Asia-Pacific, and the Rest of the world.
The VCSEK market includes players such as II-VI Incorporated(US), Broadcom(US), IQE PLC(UK), Photonics Optronics(US), Beneq(FI), Vertilas(US), Viavi Solutions Inc.(US), Vixar Inc.(US), Lumentum(US), Osram(DE).
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