Vertical cavity surface-emitting laser, abbreviated and well known as VCSEL, is a laser beam enabled semiconductor laser diode. It has found applications across different laser products. Rising popularity of laser products and their increasing applications are expected to catalyze the growth rate of the VCSEL market. Some of the laser products that use the technology are face ID, fiber optics communications, computer mice, etc.
Vertical Cavity Surface-Emitting Laser VS. Edge-Emitting Laser
The product enjoys certain advantages over the production of edge-emitting lasers. These are –
- Edge-emitting lasers cannot be tested till production process ends. However, VCSEL can be tested through the stages of the production process.
- The processing materials are wasted if edge-emitting lasers fail to perform efficiently. Material quality, as well as processing issues, can be checked for VCSELs throughout the process, thus, creating way for rectification.
Although the product offers benefits as compared to production of conventional lasers, its production process is material intensive and more labor.
Applications of Vertical Cavity Surface-Emitting Laser
The applications range of VCSEL has been widening in recent times. Some of the key applications of the product are as follows –
Face Recognition
Face recognition has taken over the electrical & electronics industry and has gained much popularity in a short span of time. Increasing investments in increasing the efficiency of these systems is poised to act in favor of the augmentation of vertical cavity surface emitting laser market.
Mobile Devices
The product is used in a lot of electronics and gadgets. Mobile devices are one of the primary users of this laser. Rising penetration of these devices is poised to boost demand for VCSEL over the next couple of years.
Driver Monitoring
These lasers have found application in the automotive industry. The growth of the industry is expected to impact the VCSEL market growth favorably. It is used to produce driver monitoring systems and rising implementation of stringent vehicle safety norms is poised to drive Market growth in the coming years.
Infotainment Control
A rise in installation of infotainment systems in automobiles is observed. This trend is presumed to continue in the near future and augment the VCSEL market.
Healthcare Devices
These lasers are effective in performing medical functions. It is used in pulse oximeters, eye tracking devices, etc. Increasing use in the industry, in conjunction with rising population of patients and increasing prevalence of disorders, is expected to impact the VCSEL market.
Key players are working on strategies that can improve sale. Mergers and acquisition remains as the promising traditional method to gain traction. In 2019, NXP Semiconductors NV, an American Dutch semiconductor provider, and Movandi, a reputed venture based startup in Irvine and Lindfield, collaborated to provide millimeter wave solutions for 5G network. The partnership offered benefits of NXP’s digital networking with Movandi’s innovative RF transceiver. It delivered systems architecture that supported high-performance 5G solutions gleaned from VCSEL. ROHM, an integrated service manufacturer in Japan, started its production building construction at Apollo plant in Chicago.
The high production capacity to meet the rise in demand for silicon carbide (SiC) for power devices was achieved by the incorporation of VCSEL technology. North America VCSEL market can dominate through the forecast year. Asia Pacific VCSEL market is expected to emerge across the review period. MRFR states that the rise in demand for RF amplifiers to attain high data transmission rate and power are causing the rise in the VCSEL adoption. In addition, the increase in the deployment of VCSEL for energy & power applications, along with the need to achieve high productivity for IT & telecom equipment under the aegis of VCSEL can prompt its market across different regions. It can be concluded that the future of VCSEL market is promising.
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The Global VCSEL Market size is estimated to be USD 2.62 billion in 2019 and is predicted to reach USD 12.79 billion by 2030 with a CAGR of 15.5% from 2020-2030.VCSEL is a vertical cavity surface emitting laser which is type of semiconductor lasers and are mostly used in communication sectors but it has a wide applications.
These VCSEL emits high power optical laser from the vertical surface and operates within the wavelength of 850 nm to 1310 nm and it has a data transmission rate of 2.12-150 Gbps.Access Full Description of this report at:- https://www.nextmsc.com/report/vcsel-marketTop Companies: Alight Technologies APS, Sumitomo Electric Industries Ltd, Panasonic Corporation, Finisar Corporation, ams AG, Philips Photonics (TRUMPF Group), Frankfurt Laser Company, II-VI Laser Enterprise GmbH, Coherent Inc., Broadcom Inc., Vertilas GmbH, OSRAM Opto Semiconductors GmbH, Lumentum Operations LLC (Lumentum Holdings Inc.), PD-LD Inc and others.The global VCSEL market share is analyzed on the basis of type, application, material, end user, and geography.
On the basis of application, the market is segmented into Data Communication, Sensing, Infrared Illumination, Pumping, Industrial Heating, and Emerging Applications.
Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.Request free sample copy of this report at:- https://www.nextmsc.com/vcsel-market/request-sampleNorth America is expected to denote the largest market share owing to the increased adoption of VCSEL in data communication.
Furthermore, presence of advanced technology coupled with increased demand of developed infrastructure and increase in automotive and consumer electronics are further expected to fuel the growth of VCSEL market over the forecast period.
Asia Pacific is expected to show tremendous growth over the forecast period owing to the wide application increased demand of automation and efficient communication coupled with increase in research and development activities innovation are anticipated to propel the market growth.About Next Move Strategy Consulting:Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share.
VCSEL Market 2021-2027New Study Reports " VCSEL Market 2021 Global Market Opportunities, Challenges, Strategies and Forecasts 2027" has been Added on MarketResearchFuture.Introduction/Report Summary:This report provides in depth study of “VCSEL Market” using SWOT analysis i.e.
Strength, Weakness, Opportunities and Threat to the organization.
Through this, the study revealed that the global VCSEL market in the future is anticipated to expand at a rate of 17.1% in the forecast period of 2017-2023, with a valuation of USD 4.86 Billion in the same future period.
Back in 2018, the market was valued at USD 1.65 Billion.Top Impacting FactorsIn the MRFR study, the growing demand for laser-based hard disc drives does act as a driver to the market.
The foremost applications of VCSEL lie in data centers, high-speed communications, precision sensing applications, touch-less sensing, gesture recognition, enterprise networks, and chip-to-chip interconnects been liable for the market’s growth.
The other factors accountable for the expansion of the VCSEL market also include the emergent adoption of VCSEL in automotive electronics applications and the rising practice of VCSEL in data communications.
