Global VCSEL Market Future Estimation, Outlook and Complete Strategic Analysis 2022 - 2030

VCSEL is an abbreviation for vertical-cavity surface-emitting laser. In contrast to edge-emitting laser diodes, which emit light at the chip's edge, this is a laser diode with a monolithic laser resonator that radiates light vertically to the surface of the semiconductor chip. For the last decade, the application focus for VCSEL technology has been on data communications, but recently, a variety of applications in various end industries have been discovered. Because of their small size, low energy requirement, and good reliability, VCSELs are employed in a wide variety of applications including robotics, IR heating or machine vision for industrial applications, and security and surveillance cameras. In general, VCSELs are an excellent choice for any application where high-speed modulation is advantageous, which is propelling the adoption of VCSEL market.

In terms of revenue, the global VCSEL market was valued at US$ 1.43 Bn in 2021 growing at a CAGR of 20.2% over the forecast period (2022 - 2030).

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In the smartphone and other consumer electronic devices, the demand for VCSEL is growing due to favorable production cost ratio and high reliability. Another factor driving the growth of the global VCSEL market is the increasing use of electrical systems in automobiles. A growing number of data centers, mostly driven by the growing cloud computing and 5G wireless communications industries, are factors contributing to the market growth in the coming years. Furthermore, market participants are diversifying their portfolios, such as Broadcom Inc., which announced the release of its expanded range of 100 GB, 200 GB, 400 GB, and 800 GB electro-optics platform solutions for data center and cloud networks in June 2021. Broadcom's comprehensive end-to-end solutions enable data center operators and cloud providers to deploy 100GB, 200GB, 400GB, AND 800GB links to enhance network capacity and meet rising bandwidth demands.

COVID-19 is a black swan event for the global economy, having far-reaching consequences across industries and markets. In the pandemic, the semiconductor industry focused on employee health and safety, as well as continuous efforts for research, design, and manufacturing processes. This continuity in the semiconductor industry is important because it underpins today's key segments, such as medical and healthcare, as well as other complementary technologies, including Industry 4.0, AI, and 5G, which are being repurposed to tackle the epidemic. Furthermore, the increasing use of VCSEL devices in pandemic for sensing applications in the healthcare sector is propelling the market growth. Additionally, it has a greater potential for innovation in semiconductor devices, which will create new opportunities for industry participants in the VCSEL market to grow in the near future.

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Major Market Players Profiled in the VCSEL Market Report include: 
Agiltron Inc.
Broadcom
Inneos LLC
Leonardo
Lumentum Operations LLC
Mellanox Technologies
Santec Corporation
Teledyne FLIR LLC
Thorlabs, Inc.
TRUMPF
VERTILAS GmbH
Vertilite
Other Market Participants

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Why the VCSEL Market Report is Beneficial?
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The report offers a complete picture of the competitive scenario of the VCSEL market.
It comprises vast amount of information about the latest technology and product developments in the industry.
The extensive range of analysis associates with the impact of these improvements on the future of VCSEL industry growth.
The report has combined the required essential historical data and analysis in the comprehensive research report.
The insights in the report can be easily understood and contains a graphical representation of the figures in the form of bar graphs, statistics and pie charts, etc.
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Global VCSEL Market:

By Type
Single
Multi-mode

By Application
Sensing and Gesture Recognition
Facial Recognition and Imaging
Autonomous driving
Data Communication
Industrial Heating
Lidar and Ranging
Others

By Wavelength
760nm
850nm
940nm
980nm
Others

By Industry
IT and Telecommunication
Aerospace and Defence
Data Centers
Consumer Electronics
Automotive
Healthcare
Industrial Manufacturing
Others

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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