VCSELs Market Revenue and Demand by 2022 With Key Players - Avago Technologies, Finisar Corporation (NASDAQ: FNSR), Philips, Sumitomo Electric and Alight Technologies

The global vertical cavity surface emitting laser (VCSELs) market is expected to grow at a CAGR of 21.9% during 2018 - 2022. Among the various types, the gallium arsenide segment held the largest share in the global VCSELs market. The advantages associated with VCSELs over conventional diodes are driving the growth of the global VCSELs market. The other drivers for the market include availability of cost-effective VCSELs and their rapid deployment for high volume applications.

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VCSELs have broad applications in bar code sensors; POF based home networking, atomic clock technology, and datacomm industry. The growth in these verticals is attributed to unique characteristic of VCSELs, such as high speed and low cost compared to LEDs. With significant lower cost, portability, high speed, power savings, chip scale atomic clocks (CSAC) can be introduced to extensive series of innovative applications. Additionally, VCSELs have been used extensively in the datacomm industry, owing to their high speed supporting capabilities such as 10/40/100 Gbps Ethernet, 16 Gbps FC data infrastructure links, thus boosting the growth of the market.

Newer applications including chip-to-chip and board-to-board interfaces where density, data rates, and power limits are major constraints are deploying VCSELs, which is consequently fuelling the demand of VCSEL market. With increasing demand for high speed data network, the demand of VCSELs in-turn is expected to continue during the forecast period.

Some of the key companies operating in the global VCSELs market include Alight Technologies A/S, Avago Technologies, Finisar Corporation, Phillips Photonics, Litrax Technology Co., Ltd., Sumitomo Electric Industries Ltd., PD-LD, Inc., OECA Optoelectronics Component and Applications GmbH and Sacher Lasertechnik GmbH.

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GLOBAL VCSELs MARKET SEGMENTATION -
By Material
• Gallium Nitride (GaN)
• Gallium Arsenide (GaAs)
• Indium Phospide (InP)
• Others

By Color
• Red
• Green
• Blue-Violet
• Infrared
• Others

By Application
• Optical Fiber Data Transmission
• Analog Broadband Signal Transmission Cement
• Absorption Spectroscopy (TDLAS)
• Laser Printers
• Computer Mouse
• Biological Tissue Analysis
• Chip Scale Atomic Clock
• Others

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