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Press Release:

Global Vertical Cavity Surface Emitting Laser Market to Reach US$ 4.5 Billion by 2028, Impelled by the Widespread Product Utilization in Consumer Electronics

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Vertical Cavity Surface Emitting Laser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global vertical cavity surface emitting laser (VCSEL) market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2028, exhibiting a growth rate (CAGR) of 17.4% during 2023-2028.

A vertical cavity surface emitting laser (VCSEL) is a semiconductor-based laser diode that emits highly efficient optical beams perpendicular to the surface of the substrate. It is used as a transmitter in optical fiber communications as it can be modulated with high frequencies. As a VCSEL with a laser mouse has high tracking precision and low electricity consumption, it is finding applications in battery-powered devices across the globe. Besides this, due to its high output power, it is gaining traction in miniature optical clocks and compact global positioning system (GPS) devices.

 

 
 

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VCSEL (Vertical Cavity Surface Emitting Laser) Market Trends:

VCSELs provide a compact and cost-efficient optical source for a wide range of applications as compared to edge-emitting lasers (EELs) and light-emitting diodes (LEDs). This, in confluence with the escalating demand for miniature electronic devices, represents one of the key factors driving the market growth. Moreover, the increasing utilization of biometric systems in various organizations due to the growing instances of security breaches is catalyzing the adoption of VCSELs for mapping the facial features of an individual and storing the data as a faceprint. This can also be accredited to the integration of high-quality cameras in mobile devices that make facial recognition a viable option for authentication and identification. Apart from this, VCSELs can be incorporated in light detection and ranging (LIDAR) technology, which is a crucial component in the advanced driver assistance systems (ADAS). Furthermore, the growing trend of self-driving cars is contributing to the use of VCSELs to provide data for fully autonomous vehicles without compromising their safety. Additionally, innovations in VCSEL technology are augmenting the overall product sales for sensing, imaging, and scanning applications in multiple fields, including machine vision, scientific and medical.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global vertical cavity surface emitting laser (VCSEL) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material, wavelength, application and end use industry.

Breakup by Type:

 

 
 

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  • Multi-mode VCSEL
  • Single-mode VCSEL
     

Breakup by Material:

  • Gallium Arsenide
  • Gallium Nitride
  • Indium Phosphide
  • Others
     

Breakup by Wavelength:

  • Red (650-750 nm)
  • Near-infrared (750-1400 nm)
  • Shortwave-infrared (1400-3000 nm)
     

Breakup by Application:

  • Sensing
  • Data Communication
  • Industrial Heating
  • Laser Printing
  • LiDAR
  • Pulse Oximetry
  • Others
     

Breakup by End Use Industry:

  • Telecom
  • Mobile and Consumer
  • Automotive
  • Medical
  • Aerospace and Defense
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ams AG, Broadcom Inc., II-VI Incorporated, Inneos LLC, IQE Plc, Leonardo Electronics US Inc., Lumentum Operations LLC, Teledyne FLIR LLC (Teledyne Technologies Incorporated), The TRUMPF Group, TT Electronics Plc, Vertilas GmbH and Vertilite Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Material, Wavelength, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ams AG, Broadcom Inc., II-VI Incorporated, Inneos LLC, IQE Plc, Leonardo Electronics US Inc., Lumentum Operations LLC, Teledyne FLIR LLC (Teledyne Technologies Incorporated), The TRUMPF Group, TT Electronics Plc, Vertilas GmbH and Vertilite Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Vertical Cavity Surface Emitting Laser (VCSEL) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Multi-mode VCSEL
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Single-mode VCSEL
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Material
    7.1    Gallium Arsenide
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Gallium Nitride
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Indium Phosphide
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Wavelength
    8.1    Red (650-750 nm)
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Near-infrared (750-1400 nm)
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Shortwave-infrared (1400-3000 nm)
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Application
    9.1    Sensing
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Data Communication
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Industrial Heating
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Laser Printing
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    LiDAR
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Pulse Oximetry
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Forecast
10  Market Breakup by End Use Industry
    10.1    Telecom
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Mobile and Consumer
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Automotive
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Medical
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Aerospace and Defense
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Forecast
11  Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    ams AG
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
        16.3.2    Broadcom Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    II-VI Incorporated
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
           16.3.3.3 Financials
        16.3.4    Inneos LLC
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
        16.3.5    IQE Plc
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
        16.3.6    Leonardo Electronics US Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
           16.3.6.4 SWOT Analysis
        16.3.7    Lumentum Operations LLC
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
        16.3.8    Teledyne FLIR LLC (Teledyne Technologies Incorporated)
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    The TRUMPF Group
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
        16.3.10    TT Electronics Plc
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Vertilas GmbH
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
        16.3.12    Vertilite Inc.
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Vertical Cavity Surface Emitting Laser Market: Major Drivers and Challenges
Figure 2: Global: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by Type (in %), 2022
Figure 5: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by Material (in %), 2022
Figure 6: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by Wavelength (in %), 2022
Figure 7: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by Application (in %), 2022
Figure 8: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by End Use Industry (in %), 2022
Figure 9: Global: Vertical Cavity Surface Emitting Laser Market: Breakup by Region (in %), 2022
Figure 10: Global: Vertical Cavity Surface Emitting Laser (Multi-mode VCSEL) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Vertical Cavity Surface Emitting Laser (Multi-mode VCSEL) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Vertical Cavity Surface Emitting Laser (Single-mode VCSEL) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Vertical Cavity Surface Emitting Laser (Single-mode VCSEL) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Vertical Cavity Surface Emitting Laser (Gallium Arsenide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Vertical Cavity Surface Emitting Laser (Gallium Arsenide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Vertical Cavity Surface Emitting Laser (Gallium Nitride) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Vertical Cavity Surface Emitting Laser (Gallium Nitride) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Vertical Cavity Surface Emitting Laser (Indium Phosphide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Vertical Cavity Surface Emitting Laser (Indium Phosphide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Vertical Cavity Surface Emitting Laser (Other Materials) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Vertical Cavity Surface Emitting Laser (Other Materials) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Vertical Cavity Surface Emitting Laser (Red) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Vertical Cavity Surface Emitting Laser (Red) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Vertical Cavity Surface Emitting Laser (Near-infrared) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Vertical Cavity Surface Emitting Laser (Near-infrared) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Vertical Cavity Surface Emitting Laser (Shortwave-infrared) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Vertical Cavity Surface Emitting Laser (Shortwave-infrared) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Vertical Cavity Surface Emitting Laser (Sensing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Vertical Cavity Surface Emitting Laser (Sensing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Vertical Cavity Surface Emitting Laser (Data Communication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Vertical Cavity Surface Emitting Laser (Data Communication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Vertical Cavity Surface Emitting Laser (Industrial Heating) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Vertical Cavity Surface Emitting Laser (Industrial Heating) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Vertical Cavity Surface Emitting Laser (Laser Printing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Vertical Cavity Surface Emitting Laser (Laser Printing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Vertical Cavity Surface Emitting Laser (LiDAR) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Vertical Cavity Surface Emitting Laser (LiDAR) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Vertical Cavity Surface Emitting Laser (Pulse Oximetry) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Vertical Cavity Surface Emitting Laser (Pulse Oximetry) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Vertical Cavity Surface Emitting Laser (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Vertical Cavity Surface Emitting Laser (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Vertical Cavity Surface Emitting Laser (Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Vertical Cavity Surface Emitting Laser (Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Vertical Cavity Surface Emitting Laser (Mobile and Consumer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Vertical Cavity Surface Emitting Laser (Mobile and Consumer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Vertical Cavity Surface Emitting Laser (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Vertical Cavity Surface Emitting Laser (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Global: Vertical Cavity Surface Emitting Laser (Medical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Global: Vertical Cavity Surface Emitting Laser (Medical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Global: Vertical Cavity Surface Emitting Laser (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Global: Vertical Cavity Surface Emitting Laser (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Global: Vertical Cavity Surface Emitting Laser (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Global: Vertical Cavity Surface Emitting Laser (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: North America: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: North America: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: United States: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: United States: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Canada: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Canada: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Asia-Pacific: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Asia-Pacific: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: China: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: China: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Japan: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Japan: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: India: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: India: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: South Korea: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: South Korea: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Australia: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Australia: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Indonesia: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Indonesia: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Europe: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Europe: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Germany: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Germany: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: France: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: France: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: United Kingdom: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: United Kingdom: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Italy: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Italy: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Spain: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Spain: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Russia: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Russia: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Others: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Others: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Latin America: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Latin America: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Brazil: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Brazil: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 96: Mexico: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 97: Mexico: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Others: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 99: Others: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 100: Middle East and Africa: Vertical Cavity Surface Emitting Laser Market: Sales Value (in Million US$), 2017 & 2022
Figure 101: Middle East and Africa: Vertical Cavity Surface Emitting Laser Market: Breakup by Country (in %), 2022
Figure 102: Middle East and Africa: Vertical Cavity Surface Emitting Laser Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 103: Global: Vertical Cavity Surface Emitting Laser Industry: SWOT Analysis
Figure 104: Global: Vertical Cavity Surface Emitting Laser Industry: Value Chain Analysis
Figure 105: Global: Vertical Cavity Surface Emitting Laser Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Vertical Cavity Surface Emitting Laser Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 4: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by Wavelength (in Million US$), 2023-2028
Table 5: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 7: Global: Vertical Cavity Surface Emitting Laser Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Vertical Cavity Surface Emitting Laser Market: Competitive Structure
Table 9: Global: Vertical Cavity Surface Emitting Laser Market: Key Players


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Key Questions Answered in This Report

The global vertical cavity surface emitting laser (VCSEL) market was valued at US$ 1.7 Billion in 2022.

We expect the global vertical cavity surface emitting laser (VCSEL) market to exhibit a CAGR of 17.4% during 2023-2028.

The extensive utilization of VCSEL in battery-powered devices, miniature optical clocks, and compact
GPS devices, owing to its high output power and low electricity consumption, is currently driving the
global vertical cavity surface emitting laser (VCSEL) market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units and disrupted supply chain for vertical cavity surface emitting laser (VCSEL).

Based on the type, the global vertical cavity surface emitting laser (VCSEL) market has been divided
into multi-mode VCSEL and single-mode VCSEL. Currently, multi-mode VCSEL exhibits a clear
dominance in the market.

Based on the material, the global vertical cavity surface emitting laser (VCSEL) market can be
categorized into gallium arsenide, gallium nitride, indium phosphide, and others. Among these,
gallium arsenide holds the majority of the total market share.

Based on the wavelength, the global vertical cavity surface emitting laser (VCSEL) market has been
segmented into red (650-750 nm), near-infrared (750-1400 nm), and shortwave-infrared (1400-3000
nm). Currently, near-infrared (750-1400 nm) represents the largest market share.

Based on the application, the global vertical cavity surface emitting laser (VCSEL) market can be
bifurcated into sensing, data communication, industrial heating, laser printing, LiDAR, pulse
oximetry, and others. Among these, sensing currently accounts for the majority of the global market
share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global vertical cavity surface emitting laser (VCSEL) market include ams AG, Broadcom Inc., II-VI Incorporated, Inneos LLC, IQE Plc, Leonardo Electronics US Inc., Lumentum Operations LLC, Teledyne FLIR LLC (Teledyne Technologies Incorporated), The TRUMPF Group, TT Electronics Plc, Vertilas GmbH, and Vertilite Inc.

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