Global Players Dominate the Market Holding ~50% Revenue Share Despite the Presence of about ~800 Competitors Comprising a large Number of Country-Niche Players and Regional Players, finds a recent market study on the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market.
The vertical cavity surface emitting laser (VCSEL) is a type of semiconductor laser diode with a laser beam that emits light or an optical beam vertically from its top surface. Vertical cavity surface emitting laser (VCSEL) is used in various laser products, including computer mics, optics communication, smart glasses, etc. Some of the significant advantages of vertical cavity surface emitting laser (VCSEL) technology are wavelength stability, wavelength uniformity and spectrum width, wavelength temperature sensitivity, high-temperature operation, more power per unit area, higher beam quality, high reliability, scalability, and low cost.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
Global Players Constitute ~10% of the Total Number of Competitors, while Country-Niche Players Dominate Representing ~60% of Total Competitors.
A comprehensive competitive analysis conducted during the Research Study found that the global vertical cavity surface emitting lasers (VCSEL) market is significantly competitive with ~800 players, including globally diversified players, regional players, and a significant number of country-niche players with their niche in Vertical Cavity Surface Emitting Lasers (VCSEL). The majority of the global Vertical Cavity Surface Emitting Lasers (VCSEL) companies, including TRUMPF Group, Coherent Corp., Lumentum Operations LLC, Hamamatsu Photonics K.K, and HLJ Technology Co. Ltd maintained their leading positions in the market their leading positions during the forecast period.
- In October 2021, TRUMPF Group shipped its two-billionth VCSEL and photodiode product for the consumer electronics, data communications, sensing, industrial heating, and automotive industries.
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The growing adoption of advanced sensors is likely to provide new growth opportunities for the global vertical cavity surface emitting lasers (VCSEL) Market.
Detailed comparative analysis of key competitors available within the Research Study shows the growing adoption of advanced sensors such as LiDAR, 3D Time of flight (TOF) and more sensors are providing new opportunities for the global Vertical Cavity Surface Emitting Lasers (VCSEL) market.
The expansion of advanced sensors, particularly optical ones is widely used for multiple applications such as data communications, automotive applications, LiDAR (light detection and ranging), and 3d time of flight (TOF) with the help of compact high-speed VCSELs which require dense traffic and high-speed transmission. As a result, these applications offer significant potential for market expansion.
Increasing Government Initiatives and Policies are Likely to drive the growth of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
- In October 2020, Under a program LaserNetUS, the US Department of Energy (DOE) allocated US$ 18 million for operations and user assistance at high-intensity laser facilities at national laboratories and universities around the US and Canada.
- In September 2021, the government of the United Kingdom invested more than US$ 85 million in laser and radio frequency weapons. Laser technology will lower the possibility of collateral damage and significantly lower operating costs, which will increase platform endurance and give the battlefield new offensive and defensive flexibility.
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Key Topics Covered in the Report
- Snapshot of Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
- Historic Growth of the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
- Overview, Product Offerings, and Strategic Developments of Key Competitors
- COVID-19 Impact on the Overall Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
- Future Market Forecast and Growth Rates of the Total Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market and by Segments
- Market Size of Material/End-user Segments with Historical CAGR and Future Forecasts
- Analysis of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
- Major Production/Supply and Consumption/Demand Hubs within Each Major Country
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Region
Key Players Mentioned in the Report
- TRUMPF Group
- Coherent Corp.
- Lumentum Operations LLC
- Hamamatsu Photonics K.K
- OSRAM AG
- Vixar Inc.
- HLJ Technology Co. Ltd
- Teledyne FLIR LLC
- Vertilite
- Alight Technologies ApS
Notable Emerging Companies Mentioned in the Report
- Nostics
- Marvel Fusion
- LongPath Technologies
- QLM TECHNOLOGY LTD
- Nuburu
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Vertical Cavity Surface Emitting Lasers (VCSEL) Manufacturers
- Vertical Cavity Surface Emitting Lasers (VCSEL) Products Manufacturers
- Vertical Cavity Surface Emitting Lasers (VCSEL) Raw Material Suppliers
- Vertical Cavity Surface Emitting Lasers (VCSEL) Industry Association
- Vertical Cavity Surface Emitting Lasers (VCSEL) Companies
- Venture Capitalists Targeting Vertical Cavity Surface Emitting Lasers (VCSEL) Industry
- Defense Electronics Research Organizations
- Navigation Technology Solutions Companies
- Potential Entrants into Advanced Electronics Industry
- Government Ministries and Departments of Electronics
- Defense Electronics Regulatory Authorities
Time Period Captured in the Report
- Historical Period: 2017-202
- Forecast Period: 2022E-2028F
For more information on the research report, refer to the below link:
Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market
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