3 Key Insights on US$ 5 Bn Opportunity in the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market - Ken Research

Driven by the rising adoption of vertical cavity surface emitting lasers in data centers and the growing demand for 3D sensing applications, the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market Is Forecasted to reach nearly US$ 5 Bn By 2028 says Ken Research Study.

The vertical cavity surface emitting laser (VCSEL) is a type of semiconductor laser diode with a laser beam that emits light or an optical beam vertically from its top surface. Vertical cavity surface emitting laser (VCSEL) is used in various laser products, including computer mics, optics communication, smart glasses, etc. Some of the significant advantages of vertical cavity surface emitting laser (VCSEL) technology are wavelength stability, wavelength uniformity and spectrum width, wavelength temperature sensitivity, high-temperature operation, more power per unit area, higher beam quality, high reliability, scalability, and low cost.

Ken Research shares 3 key insights on this high-opportunity market from its latest research study.

1. The Vertical Cavity Surface Emitting Lasers (VCSEL) Market Is Witnessing Steady Growth Owing To The Adoption Of Vertical Cavity Surface Emitting Lasers (VCSEL) In Data Centers.

The vertical cavity surface emitting lasers (VCSEL) market is witnessing steady growth owing to the increasing adoption of vertical cavity surface emitting lasers (VCSEL) in data centers, as demand for data centers has increased significantly throughout the globe due to high internet traffic and digital data production worldwide. Many data centers are now using multi-mode fiber and VCSELs as they offer high-speed data transmission. In addition, the high data transmission rates, excellent durability, and low power consumption of VCSEL make them ideal for use as optical transceivers and make it possible to apply data analytics to enhance decision-making.

According to Ken Research estimates, the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market - valued at around ~US$ 1 billion in 2017 and estimated to reach nearly ~US$ 2 billion by 2022 - it is further expected to reach a market size of ~US$ 5 billion opportunities by 2028.

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2. The Rise in the Adoption of 3d sensing applications is driving the Growth of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market.

Three-dimensional (3D) sensing means utilizing length, width, and depth data to enhance the interfaces between people, technology, and the outside environment. Through the combination of vertical cavity surface emitting lasers, near-infrared light reflection, powerful computer power, photography, and geometrical concepts, 3d sensing technology enables robots to "see" people and objects in a detailed, meaningful way. The 3d sensing technology is widely used in smartphones and surveillance systems due to increased capabilities and precision such as Face ID in smartphones, time of flight 3d sensors, LiDAR, and more.

The below graphs depict the maximum frame rate of 3d time of flight (TOF) sensors in frame per second (FPS)

3. The Limited data transmission range of the vertical cavity surface emitting lasers (VCSEL) is one of the major challenges for the market.

The limited data-transmission range of the vertical cavity surface emitting lasers (VCSEL) is hindering the growth of the global Vertical Cavity Surface Emitting Lasers (VCSEL) market as the increase in the distance between the overall speeds of data transmission decreases as VCSEL use optical power for data transmission. VCSEL is mainly applicable for short-range i.e. about 100 meters such as data transfer in LAN, intra-system connections, and Ethernet connections.

The below graphs depict the average transmission range of vertical-cavity surface-emitting lasers (VCSEL) and photonic crystal surface-emitting lasers (PCSEL) in nanometers.

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Key Topics Covered in the Report

Snapshot of Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
Historic Growth of the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
Overview, Product Offerings, and Strategic Developments of Key Competitors
COVID-19 Impact on the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
Future Market Forecast and Growth Rates of the Total Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and by Segments
Market Size of Material/End-user Segments with Historical CAGR and Future Forecasts
Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
Major Production/Supply and Consumption/Demand Hubs within Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region

Key Players Mentioned in the Report

TRUMPF Group
Coherent Corp.
Lumentum Operations LLC
Hamamatsu Photonics K.K
OSRAM AG
Vixar Inc.
HLJ Technology Co. Ltd
Teledyne FLIR LLC
Vertilite
Alight Technologies ApS

Notable Emerging Companies Mentioned in the Report

Nostics
Marvel Fusion
LongPath Technologies
QLM TECHNOLOGY LTD
Nuburu

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Vertical Cavity Surface Emitting Lasers (VCSEL) Manufacturers
Vertical Cavity Surface Emitting Lasers (VCSEL) Products Manufacturers
Vertical Cavity Surface Emitting Lasers (VCSEL) Raw Material Suppliers
Vertical Cavity Surface Emitting Lasers (VCSEL) Industry Association
Vertical Cavity Surface Emitting Lasers (VCSEL) Companies
Venture Capitalists Targeting Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
Defense Electronics Research Organizations
Navigation Technology Solutions Companies
Potential Entrants into Advanced Electronics Industry
Government Ministries and Departments of Electronics
Defense Electronics Regulatory Authorities

Time Period Captured in the Report

Historical Period: 2017-202
Forecast Period: 2022E-2028F

For more information on the research report, refer to the below link:

https://www.kenresearch.com/business-research/global-vertical-cavity-surface-emitting-lasers-vcsel-market-outlook-2028/

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.