Driven by the rising adoption of vertical cavity surface emitting lasers in data centers and the growing demand for 3D sensing applications, the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market Is Forecasted to reach nearly US$ 5 Bn By 2028 says Ken Research Study.
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 this high-opportunity market from its latest research study.
1. The Vertical Cavity Surface Emitting Lasers (VCSEL) Market Is Witnessing Steady Growth Owing To The Adoption Of Vertical Cavity Surface Emitting Lasers (VCSEL) In Data Centers.
The vertical cavity surface emitting lasers (VCSEL) market is witnessing steady growth owing to the increasing adoption of vertical cavity surface emitting lasers (VCSEL) in data centers, as demand for data centers has increased significantly throughout the globe due to high internet traffic and digital data production worldwide. Many data centers are now using multi-mode fiber and VCSELs as they offer high-speed data transmission. In addition, the high data transmission rates, excellent durability, and low power consumption of VCSEL make them ideal for use as optical transceivers and make it possible to apply data analytics to enhance decision-making.
According to Ken Research estimates, the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market – valued at around ~US$ 1 billion in 2017 and estimated to reach nearly ~US$ 2 billion by 2022 – it is further expected to reach a market size of ~US$ 5 billion opportunities by 2028.
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2. The Rise in the Adoption of 3d sensing applications is driving the Growth of the Global Vertical Cavity Surface Emitting Lasers (VCSEL) Market.
Three-dimensional (3D) sensing means utilizing length, width, and depth data to enhance the interfaces between people, technology, and the outside environment. Through the combination of vertical cavity surface emitting lasers, near-infrared light reflection, powerful computer power, photography, and geometrical concepts, 3d sensing technology enables robots to “see” people and objects in a detailed, meaningful way. The 3d sensing technology is widely used in smartphones and surveillance systems due to increased capabilities and precision such as Face ID in smartphones, time of flight 3d sensors, LiDAR, and more.
The below graphs depict the maximum frame rate of 3d time of flight (TOF) sensors in frame per second (FPS)
3. The Limited data transmission range of the vertical cavity surface emitting lasers (VCSEL) is one of the major challenges for the market.
The limited data-transmission range of the vertical cavity surface emitting lasers (VCSEL) is hindering the growth of the global Vertical Cavity Surface Emitting Lasers (VCSEL) market as the increase in the distance between the overall speeds of data transmission decreases as VCSEL use optical power for data transmission. VCSEL is mainly applicable for short-range i.e. about 100 meters such as data transfer in LAN, intra-system connections, and Ethernet connections.
The below graphs depict the average transmission range of vertical-cavity surface-emitting lasers (VCSEL) and photonic crystal surface-emitting lasers (PCSEL) in nanometers.
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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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