Vertical-Cavity Surface-Emitting Lasers (VCSEL) Market 2021 Global Trend, Segmentation and Opportunities Forecast to 2027

Taking its mass usability of into consideration, Vertical-Cavity Surface-Emitting Lasers (VCSEL) market is projected to observe commendable tremendous growth over the upcoming years by recording an appreciable valuation of more than USD 5 billion by 2027.

Significant expansion of global data centers along with the growing adoption of digital solutions generating large volumes of data has potentially escalated the adoption of technologies that are capable of offering high speed and efficient data transmission. In this regard, Vertical-Cavity Surface-Emitting Lasers (VCSEL) are gaining massive traction across various industry verticals such as healthcare, defense, automobile, aerospace, etc.

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Vertical-Cavity Surface-Emitting Lasers (VCSEL) Market Based on the material type, gallium nitride segment had recorded a market share of around 6.5% in 2020 and is expected to grow over time as these VCSEL are gaining considerable attention worldwide majorly due to excellent features such as low threshold current, high efficiency, array formation capability and lower manufacturing costs. These features of GaN-based VCSELs can potentially replace the usage of conventional LEDs for projectors, optical storage, laser printer, biosensors, solid-state lighting and several optical communications.

In terms of wavelength, VCSEL with < 1,050 nm wavelength are gaining immense popularity owing to their ability to transmit large data across data centers and enterprise networks. Growing size of data centers has impelled the demand for VCSEL of higher wavelength for delivering the data transmission of more than 500m. This has increased the adoption of 1,050 nm VCSEL for facilitating high-speed operation with multi-mode fiber.

Further, industry players are inclined on developing innovative high wavelength VCSEL to effectively meet the high consumer demand. In 2020, ThorLabs announced that its VCSEL of 1,060nm wavelength is used in Atria Optical Coherence tomography, which includes scanning electronics, interferometer and control software. Considering these factors,

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