Vertical Cavity Surface Emitting Laser (VCSEL) Market 2024-2028
The vertical cavity surface emitting laser (VCSEL) market is forecasted to grow by USD 3615.4 mn during 2023-2028, accelerating at a CAGR of 30% during the forecast period. The report on the vertical cavity surface emitting laser (VCSEL) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand of vcsel based lidar technology, rising demand for vcsel in 3d sensing, and increasing investments in vr technology.
Technavio's vertical cavity surface emitting laser (VCSEL) market is segmented as below:
- By Application
- Mobile and consumer
- Telecom and infrastructure
- Industrial
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rise of new types of substrate wafer as one of the prime reasons driving the vertical cavity surface emitting laser (VCSEL) market growth during the next few years. Also, integration of 3d-sensing modules under oled display and multi-junction vcsel arrays will lead to sizable demand in the market.
The report on the vertical cavity surface emitting laser (VCSEL) market covers the following areas:
- Vertical Cavity Surface Emitting Laser (VCSEL) Market sizing
- Vertical Cavity Surface Emitting Laser (VCSEL) Market forecast
- Vertical Cavity Surface Emitting Laser (VCSEL) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vertical cavity surface emitting laser (VCSEL) market vendors that include Alight Technologies Aps, ams OSRAM AG, Broadcom Inc., Frankfurt Laser Co., Green Investment Group, Hamamatsu Photonics KK, Huawei Technologies Co. Ltd., II VI Inc., Inneos LLC, Leonardo Spa, Lumentum Holdings Inc., Santec Corp., Teledyne FLIR LLC, TRUMPF SE Co. KG, TT Electronics Plc, TTI Inc., Ushio America Inc., VERTILAS GmbH, and Vertilite Co. Ltd.. Also, the vertical cavity surface emitting laser (VCSEL) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.