VCSEL Market to Witness Huge Growth by Key Players: Lumentum, ams, TRUMPF, Broadcom, Leonardo Electronics, MKS Instruments, Santec, VERTILAS, Vertilite, Alight Technologies, Coherent, FLIR and Others.

According to Market Study Report, VCSEL Market provides a comprehensive analysis of the VCSEL Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the VCSEL Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global VCSEL Market size is expected to grow from USD 1.0 Billion in 2020 to USD 2.9 Billion by 2025, at a CAGR of 23.7%. This report spread across 152 pages, profiling 10 companies and supported with 71 tables and 40 figures are now available in this research.

Top Key Players Profiled in the VCSEL Market:
o II-VI (US)
o Lumentum (US)
o ams (Austria)
o TRUMPF (Germany)
o Broadcom (US)
o Leonardo Electronics (US)
o MKS Instruments (US)
o Santec (Japan)
o VERTILAS (Germany)
o Vertilite (China)
o Alight Technologies (Denmark)
o Coherent (US)
o FLIR (US)
o Inneos (US)
o IQE (UK)
o WIN Semiconductors (Taiwan)
o Thorlabs (US)
o TriLumina (US)
o TT Electronics (UK)
o Ushio America (US)

"Based on wavelength, VCSEL market for near-infrared (NIR) range to grow at the highest CAGR during the forecast period"
The VCSELs operating in NIR wavelength range is expected to grow at the highest CAGR during the forecast period.VCSELs in the NIR wavelength are majorly used in smartphones for 3D sensing applications, such as face and gesture recognition. With the increasing adoption of these advanced technologies in smartphones by major smartphone manufacturers, such as Apple (US), Samsung (South Korea), Huawei (China) Oppo (China), and Xiaomi (China), the demand for VCSELs functioning in the NIR band is expected to increase significantly in the coming years. Also, these VCSELs are used in the automotive industry in advanced driver assistance systems (ADAS) and autonomous vehicles.

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"Based on application, sensing segment to hold significant share from 2020 to 2025"
The sensing application is expected to hold the largest market share during the forecast period. Since the adoption of VCSELs by Apple for iPhone X, it created ample opportunities for the epi wafer, foundry, and VCSEL players. Other smartphone manufacturers, such as Xiaomi, Oppo, and Vivo, showed interest in the adoption of 3D sensing modules in their smartphones. For instance, Xiaomi Mi 8 Explore Edition supports facial recognition technology. Apple for iPhone X uses structured light technology for 3D sensing applications, such as facial recognition, security, gaming, or real-time filter applications.

"APAC VCSEL market to grow at significant CAGR during the forecast period"
The VCSEL market in APAC is expected to exhibit the highest CAGR during the forecast period. The global market players are experiencing high demand from countries such as China, Japan, and South Korea. APAC's large population, along with increasing penetration of the internet, has spurred the demand for smartphones in recent years. APAC is a leading manufacturer and end user of consumer devices. The increasing importance of VCSELs and the increasing interest of OEMs to adopt these VCSELs in smart devices are expected to drive the growth of the market.

Breakdown of primary participants' profile:
o By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3 - 25%
o By Designation: C-level Executives- 40%, Directors- 35%, and Others - 25%
o By Region: North America- 45%, Europe- 30%,APAC- 15%, and RoW - 10%

Competitive Landscape of VCSEL Market:
1 Overview
2 Market Ranking Analysis: Vcsel Market, 2019
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Strength Of Product Portfolio (25 Players)
5 Business Strategy Excellence (25 Players)
6 Competitive Situations And Trends
6.1 Product Launches
6.2 Partnerships, Agreements, & Joint Ventures
6.3 Expansion
6.4 Mergers & Acquisitions

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Research Coverage:
This research report categorizes the global VCSEL market by type, material, wavelength, data rate, application, industry, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the VCSEL industry and forecasts the same till 2025. Also, the report consists of a market ranking analysis of key players operating in the VCSEL market.

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