How Big is the Vertical Cavity Surface Emitting Laser Market?
The global vertical cavity surface emitting laser (VCSEL) market size reached US$ 2.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2032, exhibiting a growth rate (CAGR) of 15.7% during 2024-2032.
Factors Affecting the Growth of the Vertical Cavity Surface Emitting Laser (VCSEL) Industry:
- Rapid Advancements in Technology:
- Expansion of Data Communication Infrastructure:
- Growth in Consumer Electronics and Automotive Sectors:
- ams AG
- Broadcom Inc.
- II-VI Incorporated
- Inneos LLC
- IQE Plc
- Leonardo Electronics US Inc.
- Lumentum Operations LLC
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- The TRUMPF Group
- TT Electronics Plc
- Vertilas GmbH
- Vertilite Inc.
- Multi-mode VCSEL
- Single-mode VCSEL
- Gallium Arsenide
- Gallium Nitride
- Indium Phosphide
- Others
- Red (650-750 nm)
- Near-infrared (750-1400 nm)
- Shortwave-infrared (1400-3000 nm)
- Sensing
- Data Communication
- Industrial Heating
- Laser Printing
- LiDAR
- Pulse Oximetry
- Others
- Telecom
- Mobile and Consumer
- Automotive
- Medical
- Aerospace and Defense
- Others
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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