VCSEL Market

VCSEL Market by Type (Multi-mode VCSEL, Single-mode VCSEL), Material, Application, End User (Consumer Electronics, IT & Telecom, Industrial, Aerospace & Defense, Healthcare, Automotive), and Geography - Global Forecast to 2027

Report ID: MRSE -104472
Pages: 154
Jun-2021
Formats*: PDF
Category: Semiconductor and Electronics
Delivery: 2 to 4 Hours

COVID-19

This report provides pre & post COVID-19 market estimates.

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The VCSEL (Vertical-cavity Surface-emitting Laser) market is expected to grow at a CAGR of 21.5% from 2020 to 2027 to reach $3.73 billion by 2027 from $954.5 million in 2020. The VCSEL market in terms of volume is estimated to grow at a CAGR of 31.9% from 2020 to 2027 to reach 3,854.3 million units by 2027 from 556.0 million units in 2020. Some of the key factors driving the market include the growing adoption of VCSEL for 3D-sensing applications and the increasing use of VCSEL in data centers. VCSEL is adopted in various applications such as 3D sensing, advanced driver assistance systems (ADAS), thermal heating and curing, optical encoders, atomic clocks, oxygen sensors, optical touchpads, and laser printing. It is widely adopted in the automotive industry for driver monitoring systems and autonomous vehicle applications. In recent years, various brands in the consumer electronics space have increased the use of VCSEL technology for 3D-sensing applications. The technology has addressed the challenges of a wide range of industries such as consumer electronics, automotive, healthcare, IT & telecom, manufacturing, and aerospace & defense.

Market vendors are increasingly investing in the research & development of VCSEL for various applications, which is creating opportunities for the VCSEL market players. Apart from VCSEL production, there has been a growth in the number of epitaxial wafer (epiwafers) suppliers in recent years.

The Increasing Adoption of VCSEL for 3D-sensing Applications to Propel Market Growth

There have been significant technological advancements in the consumer electronics and automotive sectors in terms of sensing applications. One such recent development is the implementation of 3D sensing in smartphones, wearables, and tablets. 3D-sensing technology is mainly used for sensing depth and augmenting camera capabilities such as facial and object recognition. VCSEL technology has integrated 3D-sensing capabilities into mobile devices for biometric, gesture recognition, iris scanning, and facial recognition applications. Due to the significant demand for VCSEL, market players are enhancing their production capabilities. Many smartphone manufacturers have released new products with rear 3D-sensing modules using the ToF principle. VCSEL is also used in the automotive sector for in-cabin sensing, driver fatigue detection, and gesture recognition for in-car navigation and infotainment systems. All of these factors have led to the growing demand for VCSEL.

VCSEL Market

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Growing Use of VCSEL in Data Centers to Support the Growth of the Market

High internet traffic has increased the demand for data centers. Many optical links used in data centers are based on VCSELs and multi-mode fiber. VCSEL is used in data centers as an optical transceiver for high-speed data transmission and offers high reliability and low power consumption while performing data analytics to improve decision-making capabilities.

VCSEL-based optical transceivers are mainly used for intra-datacenter connectivity for improving the overlapping of carriers and optical modes. It is mainly used for next-generation data communication applications to reach ultra-high transmission bit rates and extend the reach of the multi-mode fiber. The need for high data-transfer rates and high-speed transmission in data centers has increased the demand for VCSEL arrays.

The Impact of COVID-19 on the VCSEL Market

The COVID-19 pandemic has caused an economic downturn as several countries imposed strict lockdowns to contain the infection, severely affecting many industries, including manufacturing. There has been a significant impact on technology supply chains globally. The crisis has led to a decline in industrial activities leading to a slowdown in the production of key semiconductor components. Since China is a major semiconductors hub, disruptions in this region have had a severe impact on companies worldwide and enterprises in the electronics value chain.

The consumer electronics segment, one of the prominent adopters of VCSEL, has seen a significant drop in its sales during the COVID-19 pandemic. China is one of the largest production centers for consumer electronics, particularly smartphones. The impact on China’s semiconductor and consumer electronics markets severely affected the global smartphones market, leading to increased product delays and idle production. After a decline of 20% in the first two quarters, quarterly smartphone sales started to recover gradually. However, the sales continued to remain weaker compared to the same period of 2019. The effects of the pandemic were catalyzed by the U.S.-China trade war, compelling manufacturers to consider shifting their facilities to other Asian countries, such as Vietnam, India, Taiwan, and Malaysia. The smartphone market witnessed an overall decline of more than 10% in 2020. The top four smartphone vendors, namely Samsung, Huawei, Oppo, and Apple, recorded a decline during 2020. Since smartphones are a major application segment for VCSEL, the impact was felt in the VCSEL market as well. Advancements in technologies, such as autonomous driving, are expected to be delayed as OEMs and investors have reduced innovation funding to focus on everyday cash-management issues. Projects such as the testing of autonomous vehicles got postponed, further impacting the demand for VCSEL technology.

Key Findings of the VCSEL Market Study:

The Multi-mode VCSEL Segment Dominated the Market in 2020

Based on type, the VCSEL market is segmented into multi-mode VCSEL and single-mode VCSEL. In 2020, the multi-mode VCSEL segment accounted for the larger share of the VCSEL market. Increasing VCSEL applications in data communication are expected to boost the demand for multi-mode VCSEL during the forecast period. Multi-mode VCSEL is mainly used for short-distance communications among users. The growing number of mobile devices has led to exponential volumes of content due to the increasing data exchange among users. VCSEL can transmit large volumes of data to a destination up to 100 meters at high transmission rates. Most data centers using VCSEL technology operate at 850nm over multi-mode optical fiber considering their future bandwidth requirements.

The Gallium Arsenide Segment Dominated the VCSEL Market in 2020

Based on material, the VCSEL market is segmented into Gallium Arsenide, Gallium Nitride, Indium Phosphide, and other materials. In 2020, the Gallium Arsenide segment accounted for the largest share of the VCSEL market. Due to its suitable light sources, direct bandgap, high electron mobility, low noise, and high conversion efficiency, Gallium Arsenide-based VCSEL are used over long distances. They serve various applications, such as high-speed data transmission, high-resolution printing, and pumping of solid-state and fiber lasers.

The Sensing Segment Accounted for the Largest Market Share

Based on application, the VCSEL market is segmented into sensing (3D sensing, gas sensing, and optical mice), data communication, industrial heating, laser printing, LiDAR, pulse oximetry, and other applications. The sensing segment accounted for the largest market share in 2020. The sensing segment has been further segmented into 3D sensing, gas sensing, and optical mice. 3D sensing is extensively used in the consumer electronics and automotive sectors. Under consumer electronics applications, VCSEL is used in smartphones for facial recognition, gesture recognition, and Animojis. The automotive industry uses VCSELs for in-cabin driver and passenger monitoring, driver assistance, and object recognition. Various automotive companies have started adopting this technology for measuring the distances between objects and vehicles. Many technology companies combine 3D sensors, software, and algorithms to enhance the end-user experience. VCSEL is used for indoor navigation, collision avoidance, iris scanning, tracking, gesture recognition, surveillance of target zones, and enhanced 3D photography.

The Consumer Electronics Segment Accounted for the Largest Market Share in 2020

Based on end user, the market is segmented into consumer electronics, IT & telecom, industrial, aerospace & defense, healthcare, and automotive. The consumer electronics segment commanded the largest market share in 2020. Continuous advancements in VCSEL technology for consumer electronics has encouraged many companies to incorporate VCSEL technology in their products. Implementation of VCSEL with advanced features in laser autofocus and proximity sensors in consumer electronics has boosted the VCSEL market globally. The technology is used in 3D sensing, face recognition, camera fill light, smart wearables, and many more applications. VCSEL in VR/AR headsets has introduced new experiences for users in shopping, gaming, and reading.

North America Held the Largest Market Share over the Forecast Period

North America commanded the largest share of the VCSEL market in 2020. North America has been an early adopter of advanced data-storage technologies. North America’s large share in the VCSEL market is mainly attributed to the presence of data centers and consumer electronics vendors such as Apple Inc., which utilize VCSEL for 3D-sensing applications. The presence of some of the major VCSEL providers such as Broadcom and Lumentum also supports North America’s large share in the VCSEL market.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments by leading market participants during the past three years. The key players operating in the VCSEL market are Lumentum Operations LLC (U.S.), II-VI Incorporated (U.S.), ams AG (Austria), Broadcom (U.S.), TRUMPF (Germany), Osram Opto Semiconductors GmbH (Germany), IQE PLC (U.K.), VERTILAS GmbH (Germany), Vertilite (China), FLIR Systems, Inc. (U.S.), Thorlabs, Inc. (U.S.), Leonardo S.p.A. (Italy), TT Electronics (U.K.), Photonwares Co. (U.S.), and Inneos LLC (U.S.).

Scope of the Report

VCSEL Market, by Type

Multi-mode VCSEL
Single-mode VCSEL

VCSEL Market, by Material

Gallium Arsenide
Gallium Nitride
Indium Phosphide
Other Materials

VCSEL Market, by Application

Sensing
- 3D Sensing
- Gas Sensing
- Optical Mice
Data Communication
Industrial Heating
Laser Printing
LiDAR
Pulse Oximetry
Other Applications

VCSEL Market, by End User

Consumer Electronics
IT & Telecom
Industrial
Aerospace & Defense
Healthcare
Automotive

VCSEL Market, by Geography

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
Latin America
Middle East & Africa

Key Questions Answered in the Report:

What will be the revenue generated from the sales of VCSEL across the globe? At what rate is the demand expected to grow over the next 5–7 years?

The VCSEL market is projected to reach $3.73 billion by 2027, at a CAGR of 21.5% during the forecast period.

Which end-user segment showcases high growth opportunities for the VCSEL market players?

Based on end user, the consumer electronics segment commanded the largest share of the VCSEL market in 2020.

What are the key factors driving the growth of the VCSEL market? What are the major opportunities for existing market players and new entrants in the market?

Major factors driving the growth of the VCSEL market include the adoption of VCSEL for 3D-sensing applications and the growing use of VCSEL in data centers. Applications of VCSEL in vehicle automation and the growing use of VCSEL in emerging technologies are expected to provide immense growth opportunities for the market players.

What are the factors hindering the growth of the VCSEL market?

The short-distance data-transmission range of VSCEL and scalability issues are the major factors restricting the growth of the VCSEL market.

Who are the key players operating in the VCSEL market?

The key players operating in the VCSEL market are Lumentum Operations LLC (U.S.), II-VI Incorporated (U.S.), ams AG (Austria), Broadcom (U.S.), TRUMPF (Germany), Osram Opto Semiconductors GmbH (Germany), IQE PLC (U.K.), VERTILAS GmbH (Germany), Vertilite (China), FLIR Systems, Inc. (U.S.), Thorlabs, Inc. (U.S.), Leonardo S.p.A. (Italy), TT Electronics (U.K.), Photonwares Co. (U.S.), and Inneos LLC (U.S.).

Which region is expected to offer significant growth opportunities for the VCSEL market players?

North America is currently dominating the VCSEL market; however, Asia-Pacific is expected to record a considerable growth rate over the coming years.

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1. Introduction
1.1. Market Definition
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.2. Bottom-Up Approach
2.3.3. Top-Down Approach
2.3.4. Growth forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study

3. Executive Summary

4. Covid-19: Impact Assessment
4.1. Scenario A: Severe Impact
4.2. Scenario B: Moderate Recovery
4.3. Scenario C: Fast Recovery

5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.1.1. Increasing Utilization of VCSELs in 3D Sensing Applications
5.2.1.2. Growing Use of VCSEL Arrays among Data Centers
5.2.2. Restraints
5.2.2.1. Lack of Long-Distance Transmission Range
5.2.3. Opportunities
5.2.3.1. Growing VCSELs Applications in Vehicle Automation
5.2.3.2. Growing Utilization of VCSELs in 5G Technology
5.2.4. Challenges
5.2.4.1. Scalability Issues

6. Global VCSELs Market, by Type
6.1. Introduction
6.2. Multi-Mode VCSELs
6.3. Single-Mode VCSELs

7. Global VCSELs Market, by Material
7.1. Introduction
7.2. Gallium Arsenide
7.3. Gallium Nitride
7.4. Indium Phosphide
7.5. Other Materials

8. Global VCSELs Market, by Application
8.1. Introduction
8.2. Sensing
8.2.1. 3D Sensing
8.2.2. Gas Sensing
8.2.3. Optical Mice
8.3. Data Communication
8.4. Industrial Heating
8.5. Laser Printing
8.6. Lidar
8.7. Pulse Oximetry
8.8. Other Applications

9. Global VCSELs Market, by End User
9.1. Introduction
9.2. Consumer Electronics
9.3. IT & Telecom
9.4. Industrial Equipment Manufacturing
9.5. Aerospace & Defense
9.6. Healthcare
9.7. Automotive

10. VCSELs Market, by Geography
10.1. Introduction
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.3. Europe
10.3.1. Germany
10.3.2. U.K.
10.3.3. France
10.3.4. Italy
10.3.5. Rest of Europe (RoE)
10.4. Asia-Pacific
10.4.1. China
10.4.2. Japan
10.4.3. South Korea
10.4.4. India
10.4.5. Rest of Asia-Pacific (RoAPAC)
10.5. Latin America
10.6. Middle East& Africa

11. Competitive Landscape
11.1. Introduction
11.2. Key Growth Strategies
11.3. Market Share Analysis, By Key Player (2019)
11.3.1. Lumentum Operations LLC
11.3.2. ams AG
11.3.3. TRUMPF
11.3.4. II-VI Incorporated
11.3.5. Broadcom Inc.

12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
12.1. Broadcom Inc.
12.2. Lumentum Operations LLC
12.3. Flir Systems, Inc.
12.4. Vertilite Co., Ltd
12.5. II-VI Incorporated
12.6. IQE PLC
12.7. Osram Licht AG
12.8. Photonwares Co.
12.9. Thorlabs, Inc.
12.10. ams AG
12.11. TRUMPF GmbH + Co. KG
12.12. VERTILAS GmbH
12.13. TT Electronics plc
12.14. Leonardo S.p.A.
12.15. Inneos LLC

13. Appendix
13.1. Questionnaire
13.2 Available Customization

List of Tables

Table 1 Global VCSELs Market Volume, 2018–2027 (Million Units)
Table 2 Impact of Covid-19 on Global VCSELs Market (USD Million)
Table 3 Global VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 4 Global Multi-Mode VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 5 Global Single-Mode VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 6 Global VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 7 Global Gallium Arsenide VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 8 Global Gallium Nitride VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 9 Global Indium Phosphide VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 10 Global Other Materials-Based VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 11 Global VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 12 Global VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 13 Global VCSELs Market Size for Sensing Applications, by Country/Region, 2018–2027 (USD Million)
Table 14 Global VCSELs Market Size for 3D Sensing, by Country/Region, 2018–2027 (USD Million)
Table 15 Global VCSELs Market Size for Gas Sensing, by Country/Region, 2018–2027 (USD Million)
Table 16 Global VCSELs Market Size for Optical Mice, by Country/Region, 2018–2027 (USD Million)
Table 17 Global VCSELs Market Size for Data Communication, by Country/Region, 2018–2027 (USD Million)
Table 18 Global VCSELs Market Size for Industrial Heating, by Country/Region, 2018–2027 (USD Million)
Table 19 Global VCSELs Market Size for Laser Printing, by Country/Region, 2018–2027 (USD Million)
Table 20 Global VCSELs Market Size for Lidar, by Country/Region, 2018–2027 (USD Million)
Table 21 Global VCSELs Market Size for Pulse Oximetry, by Country/Region, 2018–2027 (USD Million)
Table 22 Global VCSELs Market Size for Other Applications, by Country/Region, 2018–2027 (USD Million)
Table 23 Global VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 24 Global VCSELs Market Size for Consumer Electronics, by Country/Region, 2018–2027 (USD Million)
Table 25 Global VCSELs Market Size for It & Telecom, by Country/Region, 2018–2027 (USD Million)
Table 26 Global VCSELs Market Size for Industrial Equipment Manufacturing, by Country/Region, 2018–2027
(USD Million)
Table 27 Global VCSELs Market Size for Aerospace & Defense, by Country/Region, 2018–2027 (USD Million)
Table 28 Global VCSELs Market Size for Healthcare, by Country/Region, 2018–2027 (USD Million)
Table 29 Global VCSELs Market Size for Automotive, by Country/Region, 2018–2027 (USD Million)
Table 30 Global VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 31 North America: VCSELs Market Size, by Country, 2018–2027 (USD Million)
Table 32 North America: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 33 North America: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 34 North America: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 35 North America: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 36 North America: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 37 U.S.: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 38 U.S.: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 39 U.S.: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 40 U.S.: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 41 U.S.: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 42 Canada: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 43 Canada: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 44 Canada: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 45 Canada: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 46 Canada: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 47 Europe: VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 48 Europe: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 49 Europe: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 50 Europe: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 51 Europe: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 52 Europe: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 53 Germany: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 54 Germany: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 55 Germany: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 56 Germany: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 57 Germany: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 58 U.K.: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 59 U.K.: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 60 U.K.: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 61 U.K.: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 62 U.K.: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 63 France: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 64 France: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 65 France: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 66 France: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 67 France: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 68 Italy: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 69 Italy: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 70 Italy: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 71 Italy: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 72 Italy: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 73 Rest of Europe: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 74 Rest of Europe: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 75 Rest of Europe: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 76 Rest of Europe: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 77 Rest of Europe: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 78 Asia-Pacific: VCSELs Market Size, by Country/Region, 2018–2027 (USD Million)
Table 79 Asia-Pacific: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 80 Asia-Pacific: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 81 Asia-Pacific: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 82 Asia-Pacific: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 83 Asia-Pacific: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 84 China: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 85 China: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 86 China: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 87 China: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 88 China: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 89 Japan: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 90 Japan: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 91 Japan: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 92 Japan: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 93 Japan: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 94 South Korea: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 95 South Korea: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 96 South Korea: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 97 South Korea: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 98 South Korea: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 99 India: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 100 India: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 101 India: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 102 India: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 103 India: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 104 RoAPAC: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 105 RoAPAC: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 106 RoAPAC: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 107 RoAPAC: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 108 RoAPAC: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 109 Latin America: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 110 Latin America: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 111 Latin America: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 112 Latin America: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 113 Latin America: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 114 Middle East & Africa: VCSELs Market Size, by Type, 2018–2027 (USD Million)
Table 115 Middle East & Africa: VCSELs Market Size, by Material, 2018–2027 (USD Million)
Table 116 Middle East & Africa: VCSELs Market Size, by Application, 2018–2027 (USD Million)
Table 117 Middle East & Africa: VCSELs Market Size, by Sensing Application, 2018–2027 (USD Million)
Table 118 Middle East & Africa: VCSELs Market Size, by End User, 2018–2027 (USD Million)
Table 119 Recent Developments, by Company, 2018–2020

List of Figures

Figure 1 Scope of the Global VCSELs Market
Figure 2 Key Stakeholders of the Global VCSELs Market
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 The Single-Mode Segment to Witness Significant Growth During the Forecast Period, 2020–2027
Figure 11 The Gallium Nitride Segment to Witness Significant Growth During the Forecast Period, 2020–2027
Figure 12 The Lidar Segment to Witness Significant Growth During the Forecast Period, 2020–2027
Figure 13 The Automotive Segment to Witness Significant Growth During the Forecast Period, 2020–2027
Figure 14 Global VCSELs Market Share, by Geography, 2020
Figure 15 COVID-19 Impact on the Global VCSELs Market
Figure 16 Market Dynamics
Figure 17 Global VCSELs Market Size, by Type, 2020 vs. 2027 (USD Million)
Figure 18 Global VCSELs Market Size, by Material, 2020 vs. 2027 (USD Million)
Figure 19 Global VCSELs Market Size, by Application, 2018 vs. 2027 (USD Million)
Figure 20 Global VCSELs Market Size, by Sensing Application, 2018 vs. 2027 (USD Million)
Figure 21 Global VCSELs Market Size, by End User, 2020 vs. 2027 (USD Million)
Figure 22 Global VCSELs Market Size, by Region, 2020 vs. 2027 (USD Million)
Figure 23 Global VCSELs Market Share and CAGR, by Region (2020)
Figure 24 Key Growth Strategies Adopted by Leading Players, 2017–2020
Figure 25 Leading Players’ Market Share Analysis, 2019
Figure 27 Broadcom Inc.: Financial Overview, 2018–2020
Figure 28 Lumentum Holdings Inc.: Financial Overview, 2018–2020
Figure 29 Flir Systems, Inc.: Financial Overview, 2017–2019
Figure 30 II-VI Incorporated: Financial Overview, 2018–2020
Figure 31 IQE PLC: Financial Overview, 2017–2019
Figure 32 Osram Licht AG: Financial Overview, 2018–2020
Figure 33 ams AG.: Financial Overview, 2017–2019
Figure 34 TRUMPF GmbH + Co. KG: Financial Overview, 2018–2020
Figure 35 TT Electronics plc: Financial Overview, 2017–2019
Figure 36 Leonardo S.p.A.: Financial Overview, 2017–2019

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VCSEL Market

VCSEL Market by Type (Multi-mode VCSEL, Single-mode VCSEL), Material, Application, End User (Consumer Electronics, IT & Telecom, Industrial, Aerospace & Defense, Healthcare, Automotive), and Geography - Global Forecast to 2027

This report provides pre & post COVID-19 market estimates.

What will be the revenue generated from the sales of VCSEL across the globe? At what rate is the demand expected to grow over the next 5–7 years?

Which end-user segment showcases high growth opportunities for the VCSEL market players?

What are the key factors driving the growth of the VCSEL market? What are the major opportunities for existing market players and new entrants in the market?

What are the factors hindering the growth of the VCSEL market?

Who are the key players operating in the VCSEL market?

Which region is expected to offer significant growth opportunities for the VCSEL market players?

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