The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Vertical Cavity Surface-Emitting Laser (VCSEL) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Vertical Cavity Surface-Emitting Laser (VCSEL) Market:
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According to The Business Research Company’s Vertical Cavity Surface-Emitting Laser (VCSEL) Global Market Report 2024, The vertical cavity surface-emitting laser (vcsel) market size has grown rapidly in recent years. It will grow from $2.12 billion in 2023 to $2.42 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to optical interconnects, medical applications, industrial manufacturing, cost reduction and scale, automotive lidar systems.The vertical cavity surface-emitting laser (vcsel) market size is expected to see rapid growth in the next few years. It will grow to $3.95 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.
The expansion of cloud computing is expected to drive the growth of the VCSEL (Vertical-Cavity Surface-Emitting Laser) market in the future. Cloud computing involves delivering a range of computing services over the Internet, including storage, databases, servers, and software. VCSELs play a crucial role in enhancing the performance, scalability, and energy efficiency of data communication within cloud computing infrastructure. They facilitate high-speed, reliable, and energy-efficient transmission, ensuring the smooth functioning of cloud-based services. For example, according to Eurostat, a Europe-based intergovernmental organization, 41% of EU enterprises utilized cloud computing in 2021, primarily for hosting e-mail systems and storing electronic files, marking a 5% increase compared to 2020. Consequently, the expansion of cloud computing is fueling the growth of the VCSEL market.
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The vertical cavity surface-emitting laser (vcsel) market covered in this report is segmented –
1) By Type: Single Mode, Multimode
2) By Material: Gallium Arsenide (GaAs), Indium Phosphide (InP), Gallium Nitride, Other Materials
3) By Wavelength: Red (650-750 nm), Near-Infrared (750-1400 nm), Shortwave-Infrared (1400-3000 nm)
4) By Application: Sensing, Data Communication, Infrared Illumination, Industrial Heating, Pumping, Other Applications
5) By Industry: Consumer Electronics, Automotive, Data Center, Commercial And Industrial, Healthcare, Military
Top Major Players
Sony Group Corporation,
Panasonic Corporation,
Broadcom Inc.,
Sumitomo Electric Industries Ltd.,
NEC Corporation
The vertical cavity surface-emitting laser (vcsel) market report table of contents includes:
1. Executive Summary
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market Characteristics
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market Trends And Strategies
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market – Macro Economic Scenario
- Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market Size and Growth
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market Segmentation
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market Regional And Country Analysis
………………
- Key Mergers And Acquisitions In The Vertical Cavity Surface-Emitting Laser (VCSEL) Market
- Vertical Cavity Surface-Emitting Laser (VCSEL) Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Vertical Cavity Surface-Emitting Laser (VCSEL) Market, Segmentation By Wavelength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 76: Sony Group Corporation Financial Performance
Table 77: Panasonic Corporation Financial Performance
Table 78: Broadcom Inc Financial Performance
Table 79: Sumitomo Electric Industries Ltd. Financial Performance
Table 80: NEC Corporation Financial Performance
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