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VCSEL Market Growth To Acquire Increasing Research Investments By 2025

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VCSEL Market Growth To Acquire Increasing Research Investments By 2025

VCSEL Market Growth

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

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.

Mobile Devices

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.

Driver Monitoring

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.

Infotainment Control

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.

Healthcare Devices

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.

Gas Sensing in Industries

The product is also used for gas sensing applications across industries. Increasing expansion of industries is likely to open growth avenues for the VCSEL market.

 

Statistical Observations Regarding Future Projection of VCSEL Market

In a recent projection published by Market Research Future, the global VCSEL market trends suggest a healthy growth pattern. It is anticipated to expand at 17.1% CAGR between 2019 to 2025. Also, the VCSEL market size is projected to reach USD USD 4.86 Bn by the end of 2025, rising from USD 1.65 Bn in 2018. The major end-user industries of the market studied in this report are consumer electronics, automotive, healthcare, industrial, IT & telecom, military, and others.

The players that are assessed to account for key VCSEL market share are Vertilas GmbH, Vixar Inc, Santec Corporation, AMS Technologies AG, II-VI Inc., IQE PLC, Philips GmbH Photonics, Lumentum Holdings, Broadcom Inc., NeoPhotonics Corporation, Finisar Corporation, TT Electronics PLC, Coherent Inc., Newport Corporation, and Necsel Laser.

More Information@

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

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