Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market
Electrical And Electronics Manufacturing

Insights Into The Vertical Cavity Surface-Emitting Laser (VCSEL) Market’s Growth Potential 2023-2032

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The global vertical cavity surface-emitting laser (VCSEL) market size is expected to grow from $1.88 billion in 2022 to $2.12 billion in 2023 at a compound annual growth rate (CAGR) of 13.1%. The VCSEL market is expected to reach $3.52 billion in 2027 at a CAGR of 13.4%.

 

What will drive the vertical cavity surface-emitting laser (VCSEL) market?
Growth in cloud computing is expected to propel the growth of the VCSEL market going forward.

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Who are the major players in the market?
Major players in the VCSEL market are Sony Group Corporation, Panasonic Corporation, Broadcom Inc, Sumitomo Electric Industries Ltd., NEC Corporation, Sharp Corporation, Leonardo S.p.A., ams OSRAM AG.

 

Which trend is gaining popularity in the vertical cavity surface-emitting laser (VCSEL) market?
3D sensing and automotive LiDAR are key trends gaining popularity in the VCSEL market. Major companies operating in the VCSEL market are using advanced technologies to innovate products for automotive and 3D sensing applications and sustain their position in the market.

 

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How is the vertical cavity surface-emitting laser (VCSEL) market segmented?

Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market Segments Include:

  • By Type: Single Mode, Multimode
  • By Material: Gallium Arsenide (GaAs), Indium Phosphide (InP), Gallium Nitride, Other Materials
  • By Wavelength: Red (650-750 nm), Near-Infrared (750-1400 nm), Shortwave-Infrared (1400-3000 nm)
  • By Application: Sensing, Data Communication, Infrared Illumination, Industrial Heating, Pumping, Other Applications
  • By Industry: Consumer Electronics, Automotive, Data Center, Commercial And Industrial, Healthcare, Military
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global vertical cavity surface-emitting laser (VCSEL) market in 2021.

 

The Vertical Cavity Surface-Emitting Laser (VCSEL) Global Market Report 2023  provides an overview of the vertical cavity surface-emitting laser (VCSEL) market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The vertical cavity surface-emitting laser (VCSEL) market forecast analyzes vertical cavity surface-emitting laser (VCSEL) market size, vertical cavity surface-emitting laser (VCSEL) market share, leading competitor and their market positions.

 

Vertical Cavity Surface-Emitting Laser (VCSEL) is a semiconductor that emits a laser perpendicular to its top surface. It can be utilized in long-distance, high-speed optical fiber communication systems and execute high-speed modulation.

 

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