openPR Logo
Press release

Vertical Cavity Surface Emitting Laser (VCSELs) Market: Industry Analysis and Detailed Profiles of top Industry Players

The global market for VCSELs is considered as fragmented in nature with an existence of several players operating worldwide, states a new research report by Transparency Market Research. The key players in the market are emphasizing on product innovation and the rising research and development activities are predicted to support the development of the overall market in the forecast period. Moreover, the increasing mergers and acquisitions and strategic collaborations are anticipated to offer potential growth opportunities for the market players in the near future. The key players operating in the vertical cavity surface emitting laser market across the globe are Royal Philips Electronics N.V., II-VI Incorporated, Panasonic Corporation, Newport Corporation, IQE Public Limited Company, Broadcom Limited, Princeton Optronics Inc., Finisar Corporation, Lumentum Holdings, Inc., and Coherent, Inc.

Request Sample PDF With Strategic Insights @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16394

As per the research study by TMR, in 2015, the global market for VCSELs stood at US$775.2 mn and is estimated to reach a value of US$4,728.8 mn by the end of 2024. The market is estimated to register a potential 22.30% CAGR between 2016 and 2024. From a regional viewpoint, Europe is projected to hold a major share of the global VCSELs market and is expected to remain in the similar situation in the coming few years. North America and Asia Pacific are projected to witness healthy growth throughout the forecast period.

Increasing Research Activities to Propel VCSELs Market in Near Future

The increasing adoption of the medical applications and proximity sensing is considered as a key factor that is likely to encourage the growth of the global market over the next few years. A significant rise in the use of VCSELs for the data communication and the increasing use of VCSELs in the infrared illuminations are projected to support the development of the market in the next few years. The growing focus on the research and development activities is likely to accelerate the market growth and generate potential growth opportunities for the players in the coming few years.

In addition to this, the rise in the demand for VCSELs with technological developments in the automotive electronics sector is expected to ensure the market growth in the near future. Also, the development of the consumer electronics sector and the advent of laser-based hard disc is projected to enhance the growth of the overall market in the coming few years.

Limited Data Transmission Range to Curb Market Growth in Coming Years

The global VCSELs market is likely to observe several challenges, which may hinder the growth of the overall market over the next few years. The limited data transmission range is estimated to curb the market growth in the near future. In addition to this, the long wave-length InP-based VCSELs offers a lot of promise as the lasers are at an early stage of commercialization. This is estimated to hamper the overall development of the market in the next few years. Nevertheless, the rise in the number of applications and the rising demand for gallium arsenide are further anticipated to enhance the development of the global VCSELs market throughout the forecast period.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Vertical Cavity Surface Emitting Laser (VCSELs) Market (Raw Materials – Gallium Nitride (GaN), Gallium Arsenide (GaAs), and Indium Phosphide (InP); Applications – Optical Fiber Data Transmission, Analog Broadband Signal Transmission, Absorption Spectroscopy, Laser Printers, Computer mice, Biological tissue analysis, and Chip Scale Atomic Clocks) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024.”

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vertical Cavity Surface Emitting Laser (VCSELs) Market: Industry Analysis and Detailed Profiles of top Industry Players here

News-ID: 1904316 • Views: 109

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

All 5 Releases


More Releases for VCSELs

VCSELs Market - Technology, Applications, Demand and Opportunities by 2023
The global vertical cavity surface emitting laser (VCSELs) market is expected to grow at a CAGR of 21.9% forecast to 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
VCSELs Market: Global Industry Analysis, size, sales and Forecast by 2024
Vertical Cavity Surface Emitting Lasers (VCSEL) are semiconductor lasers, or more precisely laser diodes with monolithic laser resonator, where the light emitted leaves the device in a perpendicular direction to the chip surface. This is in contrast to the conventional edge-emitting lasers where the beam is emitted by splitting the single chip out of the wafer. VCSELs have a number of advantages over its conventional counterparts. These include high compatibility with
VCSELs Market Is Growing at a CAGR of 21.9% During 2018 – 2022; VCSELs Market …
The global vertical cavity surface emitting laser (VCSELs) market is expected to grow at a CAGR of 21.9% forecast to 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
Global Vertical Cavity Surface Emitting Laser (VCSELs) Market 2018 - Finisar Cor …
Apex Market Reports, recently published a detailed market research study focused on the “Vertical Cavity Surface Emitting Laser (VCSELs) Market” across the global, regional and country level. The report provides 360° analysis of “Vertical Cavity Surface Emitting Laser (VCSELs) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and
Global VCSELs Market: Research Report Analysis, size, sales and Forecast by 2024
Vertical Cavity Surface Emitting Lasers (VCSEL) are semiconductor lasers, or more precisely laser diodes with monolithic laser resonator, where the light emitted leaves the device in a perpendicular direction to the chip surface. This is in contrast to the conventional edge-emitting lasers where the beam is emitted by splitting the single chip out of the wafer. VCSELs have a number of advantages over its conventional counterparts. These include high compatibility
VCSELs Market:Global Research Report Analysis, size, sales and Forecast by 2024
Vertical Cavity Surface Emitting Lasers (VCSEL) are semiconductor lasers, or more precisely laser diodes with monolithic laser resonator, where the light emitted leaves the device in a perpendicular direction to the chip surface. This is in contrast to the conventional edge-emitting lasers where the beam is emitted by splitting the single chip out of the wafer. VCSELs have a number of advantages over its conventional counterparts. These include high compatibility