Vertical Cavity Surface Emitting Lasers Market Analysis

  • Report ID: 3956
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Vertical Cavity Surface Emitting Lasers Market Analysis

Application (Telecom, Consumer Electronics, Automotive, Medical, Industrial, Aerospace & Defense)

The consumer electronics segment in the vertical cavity surface emitting lasers market is projected to generate the highest revenue by 2036. One important sector for 3D sensing applications is consumer electronics. The primary cutting-edge technology that provides sophisticated illumination sources for optical sensing is VCSEL technology. VCSEL laser arrays are advantageous for camera autofocus and 3D sensor systems in smartphones and tablets.

Type (Multi-mode VCSEL, Single-mode VCSEL)

The multi-mode vertical cavity surface emitting lasers market is poised to have significant growth during the forecast period, due to the huge power densities that these vertical-cavity surface-emitting lasers are capable of with a brief rise time. Thus, their application is becoming more widespread in LiDAR, time-of-flight (TOF), lighting, industrial, and other high-power applications. Also, owing to their small size, multimode VCSELs are perfect for use in highly integrated sensors and are preferable for mobile consumer applications.

Our in-depth analysis of the global market includes the following segments:

 

   Type

  • Multi-mode VCSEL
  • Single-mode VCSEL

 

   Material

  • Gallium Arsenide
  • Gallium Nitride
  • Indium Phosphide

 

 

     Application

  • Telecom
  • Consumer Electronics
  • Automotive
  • Medical
  • Industrial
  • Aerospace & Defense
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3956
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of vertical cavity surface emitting lasers is estimated at USD 2.2 Billion.

The vertical cavity surface emitting lasers market size was valued at USD 1.77 Billion in 2023 and is set to exceed USD 16.5 Billion by the end of 2036, registering over 19.1% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are the growing adoption of smartphones, rising demand for autonomous vehicles, and a surge in the application of VCSEL in biomedical.

Asia Pacific industry will register substantial growth through 2036, backed by the domination of manufacturing of semiconductors, and smartphones in this region.

Lumentum Operations LLC, Vixar Inc., Hamamatsu Photonics K.K., TRUMPF, Coherent Corporation, Broadcom Inc., Vertilite Inc., Santec Holdings Corporation, Alight Solutions, LLC, Connector Optics LLC
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