Global VCSEL Market (SARS-CoV-2, Covid-19 Analysis)Research Report

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the Global VCSEL Market Research Report is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Vanilla Bean market is analyzed and depicted in the report.

Market Synopsis

The global VCSEL market was valued at USD 1.65 billion in 2018; it is expected to reach USD 4.86 billion by the end of the forecast period at a CAGR of 17.1%.

Vertical cavity surface emitting laser (VCSEL) is a type of laser diode that produces a high beam light quality for small mode areas. A VCSEL includes a laser resonator that helps the diode to emit light perpendicular to the chip surface where it is deployed. Although VCSELs can have high beam quality, these generally produce less output power with a large possibility for modulation in high frequencies, making it ideal for use in optical fiber communication. VCSELs are semiconductor devices with an operating wavelength of 750–980 nm when used with gallium arsenide (GaAs) material system. This wavelength is also helpful for applications such as gas sensing and quantum wells using dilute nitrides and indium phosphide material.

FREE PDF @https://www.marketresearchfuture.com/sample_request/8672

The major applications of VCSEL lies in high-speed communications, data centers, precision sensing application, enterprise networks, touchless sensing, gesture recognition, and chip-to-chip interconnects, among others. The factors responsible for the growth of the VCSEL market include the growing adoption of VCSEL in automotive electronics applications and increasing usage of VCSEL in data communications. The usage of VCSEL also lies in two-dimensional fabrication array making in an individual die with separate light sources, increasing the power output.

Key Developments

  • In March 2018, Qorvo, a leading provider of innovative RF solutions, introduced the world’s highest power gallium nitride on silicon carbide (GaN-on-SiC) RF transistor. Operating with 1.8KW at 65 volts, the QPD1025 delivers the outstanding signal integrity and extended reach essential for L-band avionics and Identification Friend or Foe (IFF) applications.
  • In March 2018, Microchip Technology, best known for its microcontroller range, announced the acquisition of Microsemi, a provider of semiconductor and system solutions for aerospace & defense. The acquisition is aimed at enhancing Microchip’s product portfolio, end-market diversification, operational capabilities, and customer scale.

Segmentation

The global VCSEL market has been segmented based on type, material, end user, and region.

By type, the market has been segmented into single mode and multi mode.

By material, the market has been segmented into gallium arsenide (GaAs), indium phosphide (InP), gallium nitride (GaN), and others.

By end user, the market is segmented into consumer electronics (mobile devices & peripherals, face recognition, cameras, and others), automotive (driver monitoring, infotainment control, air quality monitoring, LiDAR, and others), healthcare (pulse oximeter, eye tracking, and others), industrial (gas sensing, industrial printing, heating systems, and others), military (surveillance, lidar, and others), IT & telecom (data communications, active optical cables, and others), and others.

By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Regional Analysis

Globally, the VCSEL market has been categorized into five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Among the aforementioned regions, North America dominated the VCSEL market in 2018. However, Asia-Pacific is expected to dominate the market by 2023. This growth is majorly due to demand for RF amplifiers with a high rate of data transmission, higher frequency, and power leading to the adoption of the VCSEL market. Moreover, the growth of the global VCSEL market are the increasing adoption of devices for energy & power applications and rising demand for IT & telecommunication equipment that use VCSEL.

Global VCSEL Market, USD Billion

Source: MRFR Analysis

Competitive landscape

The market players are adopting several organic and inorganic growth strategies, such as product development and launches, expansion, agreements, and contracts to improve their position and excel in the VCSEL market. In 2019, NXP Semiconductors NV and Movandi entered into a partnership to collaborate on millimeter wave (mmWave) solutions for 5G networks. The partnership combines NXP’s digital networking and signal processing portfolio with Movandi’s innovative RF transceiver and systems architecture to deliver high-performance 5G solutions based on VCSEL. Similarly, ROHM started the construction of its production building at its Apollo plant in Chikugo, Japan. The expanded production capacity is to meet the growing demand for silicon carbide (SiC) power devices.

Key Players

The key players in the VCSEL market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are Vertilas GmbH, Santec Corporation, Vixar Inc, AMS Technologies AG, IQE PLC, II-VI Inc., Philips GmbH Photonics, Broadcom Inc., Lumentum Holdings, Finisar Corporation, Coherent Inc., TT Electronics PLC, Newport Corporation, NeoPhotonics Corporation, and Necsel Laser. These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 30–40% in the VCSEL market.

Intended Audience

  • System Integrators
  • OEMs
  • Electronic Component Manufacturers
  • Resellers and Distributors
  • Consultancy and advisory firms
  • Research Institutes and Organizations
  • Technology Standards Organizations

DC

  • broadcom vcsel
  • osram vixar
  • iqe vcsel
  • gan vcsel
  • vcsel osram
  • vcsel price
  • mems vcsel
  • vixar vcsel
  • vixar osram
  • vertical cavity laser
  • vcsel led
  • 850nm vcsel
  • osram vcsel
  • plpvq 940a
  • philips vcsel
  • 940nm vcsel
  • umentum vcsel
  • tunable vcsel
  • vertical cavity
  • vcsel 3d sensing
  • vcsel chip
  • finisar vcsel
  • vcsel ppt
  • vcsel diode
  • vertical cavity surface emitting laser ppt
  • surface emitting laser
  • vcsel laser diode
  • vcsel laser
  • vertical cavity surface emitting laser

More Information : https://www.marketresearchfuture.com/reports/vcsel-market-8672

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com