Global VCSEL Market to Grow at a CAGR of 17.5% by 2024
Latest research report titled “Global VCSEL Market” accounted for USD 954.8 million in 2016 and is projected to grow at a CAGR of 17.5% during the forecast period of 2017 to 2024.
Global VCSEL Market By Material (GAAS, GAN, INP) Type (Single Mode, Multimode) Application (Data Communication, Infrared Illumination, Pumping, Sensing, Industrial Heating, Emerging Application, Atomic Clocks, GPS, Magnetometer) End User (Data Centers, Automotive, Consumer Electronics, Healthcare, Industrial) – Industry Trends and Forecast to 2024
Summary of Market Drivers and Restraints:
- Increase in the usage in infrared illumination, data communication
- Growing demand for laser based hard disc drives
- More power efficient and greater accuracy
- Restricted data transmission range
This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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Report Definition:
A vertical cavity surface emitting laser (VCSEL) is a semiconductor based laser diode which transmits an exceedingly optical beam vertically from its upper surface. It can be applied at precision sensing, laser printers, data communication, precision sensing and many more.
Report Segmentation:
On the basis of material, global VCSEL market is segmented into gallium arsenide (GAAS), gallium nitride (GAN), indium phosphide (INP) and other.
On the basis application, global VCSEL market is segmented into data communication, infrared illumination, pumping, sensing, industrial heating, emerging application, atomic clocks, GPS and magnetometer. Infrared illumination is sub segmented into camera. Whereas, cameras are further sub segmented into3d camera and security and surveillance camera. Sensing is sub segmented into optical sensor and interference sensor. Optical sensor is further sub segmented into reflective sensor and scattering sensor. Emerging application is further sub segmented into display and high-power application.
On the basis of end user, global VCSEL market is segmented into data centers, automotive, consumer electronics, healthcare and industrial.
On the basis of geography, the global VCSEL market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape:
The global VCSEL market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Major Market Competitors:
Some of the major players in global VCSEL market include:
- Finisar Corporation
- Princeton Optronics
- IQE PLC
- Koninklijke Philips N.V.
- VERTILAS GmbH
- Lumentum Operations LLC
- Vixar Inc.
- SANTEC CORPORATION
- Broadcom
- II-VI Incorporated
- Mitel Networks Corporation
- Infineon Technologies AG
- Alero Technology, Inc.
- Truelight Corporation
- Sumitomo Electric Industries Ltd. among others.
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Research Methodology of Global VCSEL Market:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
Some of the key research methodologies used by DBMR Research team is Vendor Positioning Grid, Technology Life Line Curve, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Company Sales, Multivariate Modeling, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about of research skills drop an inquiry to speak to our industry experts.
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