VCSEL Market is projected to expand at a steady CAGR during 2021 – 2031 | Broadcom, IQE PLC, Photonics Optronics, Beneq

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.

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Market Segments

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.

Key Players

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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Reasons to buy VCSEL Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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