Europe VCSEL for Data Communication Estimated to Grow at a CAGR of 19.5% from 2021 to 2027

The VCSEL for data communication market in Europe is expected to grow from US$ 84.34 million in 2019 to US$ 331.62 million by 2027; it is estimated to grow at a CAGR of 19.5% from 2020 to 2027

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The Business Market Insights provides you regional research analysis on “Europe VCSEL for Data Communication Market” and forecast to 2028. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe VCSEL for Data Communication market during the forecast period, i.e., 2021–2028.

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A vertical cavity surface emitting laser or VCSEL is a specialized laser diode capable of transforming fiber optic communications by enhancing efficiency and increasing data speed. Generally, VCSELs emit energy at 850 nanometers (nm) and 1300 nm. Presently, VCSELs are substituting edge-emitting lasers as the referral technology for short-range data communications networks as well as local networks, delivering lower production costs and greater reliability. 850nm-emitting VCSELs are widely used in data centers, particularly for the applications where the data size transferred over a network is very large. The growing adoption of data centers across businesses generates higher demand for VCSELs for data communication.

The VCSEL industry has come a long way from being limited to smaller-scale commercial applications with high product specification with recent integration of the products into consumer electronics, resulting in a larger production volume for the VCSEL based products for numerous applications, including data communication. Furthermore, several manufacturers' recent potential investment in exploring its other commercial viability options into LiDAR (light detection and ranging) application industry through more efficient and powerful arrays of VCSEL based products. Thus, the VCSEL is anticipated to gain larger adoption into the high volume-based production, such as consumer electronics and automotive, resulting in large application scope.

Europe VCSEL for Data Communication Market Segmentation

By Type

Single Mode
Multi-Mode

By Material

Gallium Nitride
Gallium Arsenide
Indium Phosphide
Other

 

By Country

UK
Germany
France
Italy
Russia
Rest of Europe

Company Profiles

Bandwidth10
Broadcom, Inc.
Hamamatsu Photonics K.K.
II-VI Incorporated
Lumentum Holdings Inc.
TRUMPF
VERTILAS GmbH
VI Systems GmbH

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The research on the Europe VCSEL for Data Communication Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe VCSEL for Data Communication Market on the basis of end user, product type, application, and demography for the forecast period 2021–2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe VCSEL for Data Communication Market.

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