Vertical cavity surface-emitting laser, abbreviated and well known as VCSEL, is a laser beam enabled semiconductor laser diode. It has found applications across different laser products. Rising popularity of laser products and their increasing applications are expected to catalyze the growth rate of the VCSEL market. Some of the laser products that use the technology are face ID, fiber optics communications, computer mice, etc.
Vertical Cavity Surface-Emitting Laser VS. Edge-Emitting Laser
The product enjoys certain advantages over the production of edge-emitting lasers. These are –
- Edge-emitting lasers cannot be tested till production process ends. However, VCSEL can be tested through the stages of the production process.
- The processing materials are wasted if edge-emitting lasers fail to perform efficiently. Material quality, as well as processing issues, can be checked for VCSELs throughout the process, thus, creating way for rectification.
Although the product offers benefits as compared to production of conventional lasers, its production process is material intensive and more labor.
Applications of Vertical Cavity Surface-Emitting Laser
The applications range of VCSEL has been widening in recent times. Some of the key applications of the product are as follows –
Face recognition has taken over the electrical & electronics industry and has gained much popularity in a short span of time. Increasing investments in increasing the efficiency of these systems is poised to act in favor of the augmentation of vertical cavity surface emitting laser market.
The product is used in a lot of electronics and gadgets. Mobile devices are one of the primary users of this laser. Rising penetration of these devices is poised to boost demand for VCSEL over the next couple of years.
These lasers have found application in the automotive industry. The growth of the industry is expected to impact the VCSEL market growth favorably. It is used to produce driver monitoring systems and rising implementation of stringent vehicle safety norms is poised to drive Market growth in the coming years.
A rise in installation of infotainment systems in automobiles is observed. This trend is presumed to continue in the near future and augment the VCSEL market.
These lasers are effective in performing medical functions. It is used in pulse oximeters, eye tracking devices, etc. Increasing use in the industry, in conjunction with rising population of patients and increasing prevalence of disorders, is expected to impact the VCSEL market.
Key players are working on strategies that can improve sale. Mergers and acquisition remains as the promising traditional method to gain traction. In 2019, NXP Semiconductors NV, an American Dutch semiconductor provider, and Movandi, a reputed venture based startup in Irvine and Lindfield, collaborated to provide millimeter wave solutions for 5G network. The partnership offered benefits of NXP’s digital networking with Movandi’s innovative RF transceiver. It delivered systems architecture that supported high-performance 5G solutions gleaned from VCSEL. ROHM, an integrated service manufacturer in Japan, started its production building construction at Apollo plant in Chicago.
The high production capacity to meet the rise in demand for silicon carbide (SiC) for power devices was achieved by the incorporation of VCSEL technology. North America VCSEL market can dominate through the forecast year. Asia Pacific VCSEL market is expected to emerge across the review period. MRFR states that the rise in demand for RF amplifiers to attain high data transmission rate and power are causing the rise in the VCSEL adoption. In addition, the increase in the deployment of VCSEL for energy & power applications, along with the need to achieve high productivity for IT & telecom equipment under the aegis of VCSEL can prompt its market across different regions. It can be concluded that the future of VCSEL market is promising.
VCSEL Market Size, Share, Industry Segment by Type, Material, End User and Region, Global VCSEL…
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