Global VCSEL Market Report By Type (Single-Mode VCSEL, Multimode VCSEL), Application (Data Communication, Industrial Heating, Infrared Illumination, Pumping, Sensing), End-User (Data Centers, Consumer Electronics, Automotive, Industrial, Healthcare) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210008
April 2018
Report Formats:

VCSELs are basically the latest type of semiconductor that is similar to LED which has gained momentum owing to its excellent properties such as superior efficiency, higher wavelength and high-performance computing which enables their application in sensing, infrared illumination, pumping, and industrial heating. The VCSEL uses the less electrical current to produce a given coherent energy output. Also, VCSELs help in reducing the operating costs as well as power consumption.

According to the Value Market Research, the Global VCSEL Market was valued at USD 1,120.4 MN in 2017 and is projected to reach USD 4,340.3 MN by 2024, with a CAGR of 21.3%. In terms of volume, the market was estimated at XX.X Million Units and is expected to reach XX.X Million Units with a CAGR of X.X%.
 
MULTI-MODE IS THE HIGHLY PREFERRED TYPE OF VCSEL
Multimode to reach XX.X USD MN by 2024. Multimode VCSEL chips are designed for high-speed data communications. Growing applications of multi-mode VCSEL in a wide range of industries including consumer application and AOC & transceivers is driving the market growth. Robust demand for OEM applications such as sensing, motion control, medical devices, printing, and barcode scanners is also playing as the key factor that accelerating the demand for multi-mode VCSEL.
 
DATA COMMUNICATION TO BE THE LARGEST APPLICATION AREA
The utmost demand for VCSELs is from the optical data communication sector on account of its capacity to modulate at high frequencies in a wide range of data communication applications. Owing to its ability to transmit data over a short range with high data transfer rates and reliability, making them ideal for data centers is another major factor that drives the market demand. Also, the rising number of new data centers for data analytics coupled with cloud computing solutions is expected to generate increased demand VCSEL for data communication applications. Therefore, data communication is considered to be the largest application in 2017.
 
DATA CENTER STOOD AS THE LEADING SEGMENT
The data center is dominating segment in 2017 owing to rise in high data transfer rates leading to the greater use of VCSELs as most of the VCSELs operate nearly 800 nm. VCSELs have been widely adopted in the data communications industry owing to its better efficiency, longer wavelength emission, and power-saving and low-cost solution for the link. Also, the market of VCSEL is growing on the ground of rising demand for VCSELs with low-energy optical storage and fast switching in servers and high-capacity data centers as it offers high-performance computing.
 
NORTH AMERICA ACCOUNTED FOR THE HIGHEST MARKET SHARE IN GLOBAL VCSEL MARKET
North America accounted for the leading share in the VCSELs market and expected to continue its dominance throughout the forecast period, due to the presence of major manufacturers such as II-VI Incorporated, Vixar Inc., Lumentum Holdings Inc., Broadcom Limited, and Finisar Corporation among others, have been responsible for the dynamic growth of the market in the region. Additionally, data communication is a major application driving the demand for VCSEL in North America. Besides, the rising adoption of the Internet of Things (IoT) for effective performance has resulted in the generation of huge amounts of data. This has increased the implementation of data centers. For instance, Microsoft and Google, Inc. (U.S.) both are constructing major data centers in this region which would eventually boost the growth of the overall market. Therefore, the data communication application holds the largest share of the North America market.
 
ACTIVE MAJOR PLAYERS IN MARKET
JDS Uniphase Corporation, Royal Philips Electronics N.V, Finisar Corporation, Avago Technologies,  II-VI Inc., IQE PLC,  Princeton Optronics, Inc.,  Ultra Communications, Inc., Vertilas GmbH, and Vixar, Inc.

As per this study the Global VCSEL Market was valued USD 1,120.4 MN (by revenue) in 2017 and is anticipated to reach USD 4,342.0 MN by 2024 with a CAGR of 21.3%. By volume, the market was estimated at XX.X Million Units in 2017 and is expected to reach XX.X Million Units by 2024 with a CAGR of X.X%.
 
Vertical-Cavity Surface-Emitting Lasers (VCSELs) is a specialized diode widely adopted in fiber optic communications owing to its improving efficiency and increasing data speed. VCSEL offers significant advantages when compared to the edge-emitting lasers owing to its cost-efficient manufacturing process and higher reliability. In addition, the VCSEL needs less electrical current to produce a given coherent energy output.
 
Objectives of the Study:

  • Define and measure the global VCSEL market
  • Revenue forecast of the global VCSEL market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
Rising adoption of VCSELs in data communication along with technological advancements in the consumer electronics sector are the key factors that drive the market demand. In addition to this, rising number of data centers and growing demand from end-use applications such as gesture recognition and 3D imaging is expected to propel the market growth during the forecast period. Though, emerging technology such as laser-assisted hard disk drive is anticipated to create potential opportunities for VCSEL market in the coming year. However, the limited data transmission range of VCSEL may hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of VCSEL.
 
Market Segmentation
 
The broad VCSEL market has been sub-grouped into type, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Application Market Share 2017
 
VCSEL Market By Application
 
By Type
  • Single-Mode VCSEL
  • Multimode VCSEL
 
By Application
  • Data Communication
  • Industrial Heating
  • Infrared Illumination
  • Pumping
  • Sensing
  • Others
 
By End-User
  • Data Centers
  • Consumer Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for VCSEL in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe VCSEL Market By Revenue (USD MN)
 
Europe VCSEL Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the VCSEL market includes Avago Technologies, Finisar Corporation, II-VI Inc., IQE PLC, JDS Uniphase Corporation, Princeton Optronics, Inc., Royal Philips Electronics N.V, Ultra Communications, Inc., Vertilas GmbH, and Vixar, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
Major Company Players Market Share
 
Major Players of VCSEL Market
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1. INTRODUCTION

  • Introduction To VCSEL
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global VCSEL Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. VCSEL MARKET ANALYSIS BY TYPE
  • Market In Single-Mode VCSEL
  • Market In Multimode VCSEL
 
5. VCSEL MARKET ANALYSIS BY APPLICATION
  • Market In Data Communication
  • Market In Industrial Heating
  • Market In Infrared Illumination
  • Market In Pumping
  • Market In Sensing
  • Market In Others
 
6. VCSEL MARKET ANALYSIS BY END-USER
  • Market In Data Centers
  • Market In Consumer Electronics
  • Market In Automotive
  • Market In Industrial
  • Market In Healthcare
  • Market In Others
 
7. VCSEL MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Canada Market Estimates By Segments
    • Mexico Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
8. COMPETITIVE LANDSCAPE OF THE VCSEL COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
9. COMPANY PROFILES OF THE VCSEL INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Avago Technologies
  • Finisar Corporation
  • II-VI Inc.
  • IQE PLC
  • JDS Uniphase Corporation
  • Princeton Optronics, Inc.
  • Royal Philips Electronics N.V
  • Ultra Communications, Inc.
  • Vertilas GmbH
  • Vixar, Inc.
 
* Tentative TOC
 

LIST OF TABLES
 
Table 1.  Market Highlights Of VCSEL
Table 2.  Global VCSEL Market By Types
Table 3.  Global VCSEL Market By Application
Table 4.  Global VCSEL Market By End-User
Table 5.  Global VCSEL Market By Geography
Table 6.  North America VCSEL Market
Table 7.  Europe VCSEL Market
Table 8.  Asia Pacific VCSEL Market
Table 9.  Latin America VCSEL Market
Table 10. Middle East And Africa VCSEL Market 
Table 11. Partnership/Collaboration/Agreements
Table 12. Mergers And Acquisitions
Table 13. New Product Development
Table 14. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of VCSEL Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of VCSEL
Fig. 5.     Value Chain Analysis
Fig. 6.     Porter’s Five Forces Analysis
Fig. 7.     Global VCSEL Market By Types
Fig. 8.     Global VCSEL Market By Application
Fig. 9.     Global VCSEL Market By End-User
Fig. 10.   Global VCSEL Market By Geography
Fig. 11.   North America VCSEL Market
Fig. 12.   Europe VCSEL Market
Fig. 13.   Asia Pacific VCSEL Market
Fig. 14.   Latin America VCSEL Market
Fig. 15.   Middle East And Africa VCSEL Market
Fig. 16.   Market Share Of VCSEL Companies
Fig. 17.   Recent Developments In VCSEL Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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