Vertical Cavity Surface-Emitting Laser (VCSEL) Market Size, Share,Trends, Research Report, Forecast 2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Vertical Cavity Surface-Emitting Laser (VCSEL) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Vertical Cavity Surface-Emitting Laser (VCSEL) Global Market Report 2024, The vertical cavity surface-emitting laser (vcsel) market size has grown rapidly in recent years. It will grow from $2.12 billion in 2023 to $2.42 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%.  The  growth in the historic period can be attributed to optical interconnects, medical applications, industrial manufacturing, cost reduction and scale, automotive lidar systems.The vertical cavity surface-emitting laser (vcsel) market size is expected to see rapid growth in the next few years. It will grow to $3.95 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.

The expansion of cloud computing is expected to drive the growth of the VCSEL (Vertical-Cavity Surface-Emitting Laser) market in the future. Cloud computing involves delivering a range of computing services over the Internet, including storage, databases, servers, and software. VCSELs play a crucial role in enhancing the performance, scalability, and energy efficiency of data communication within cloud computing infrastructure. They facilitate high-speed, reliable, and energy-efficient transmission, ensuring the smooth functioning of cloud-based services. For example, according to Eurostat, a Europe-based intergovernmental organization, 41% of EU enterprises utilized cloud computing in 2021, primarily for hosting e-mail systems and storing electronic files, marking a 5% increase compared to 2020. Consequently, the expansion of cloud computing is fueling the growth of the VCSEL market.

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The vertical cavity surface-emitting laser (vcsel) market covered in this report is segmented –
1) By Type: Single Mode, Multimode
2) By Material: Gallium Arsenide (GaAs), Indium Phosphide (InP), Gallium Nitride, Other Materials
3) By Wavelength: Red (650-750 nm), Near-Infrared (750-1400 nm), Shortwave-Infrared (1400-3000 nm)
4) By Application: Sensing, Data Communication, Infrared Illumination, Industrial Heating, Pumping, Other Applications
5) By Industry: Consumer Electronics, Automotive, Data Center, Commercial And Industrial, Healthcare, Military

Top Major Players

Sony Group Corporation,

Panasonic Corporation,

Broadcom Inc.,

Sumitomo Electric Industries Ltd.,

NEC Corporation                            

The vertical cavity surface-emitting laser (vcsel) market report table of contents includes:
            1. Executive Summary

2. Vertical Cavity Surface-Emitting Laser (VCSEL) Market Characteristics
3. Vertical Cavity Surface-Emitting Laser (VCSEL) Market Trends And Strategies
4. Vertical Cavity Surface-Emitting Laser (VCSEL) Market – Macro Economic Scenario
5. Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market Size and Growth
6. Vertical Cavity Surface-Emitting Laser (VCSEL) Market Segmentation
7. Vertical Cavity Surface-Emitting Laser (VCSEL) Market Regional And Country Analysis

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34. Key Mergers And Acquisitions In The Vertical Cavity Surface-Emitting Laser (VCSEL) Market
35. Vertical Cavity Surface-Emitting Laser (VCSEL) Market Future Outlook and Potential Analysis
36. Appendix

    List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Wavelength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 76: Sony Group Corporation Financial Performance

Table 77: Panasonic Corporation Financial Performance

Table 78: Broadcom Inc Financial Performance

Table 79: Sumitomo Electric Industries Ltd. Financial Performance

Table 80: NEC Corporation Financial Performance 

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