Vertical-cavity Surface Emitting Laser Market
Vertical-cavity Surface Emitting Laser Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Vertical-cavity Surface Emitting Laser Market Size and Growth
The Vertical-cavity Surface Emitting Laser (VCSEL) market is experiencing robust growth, driven by rising demand in data communication, sensing applications, and consumer electronics. As of 2023, the market size is estimated to reach approximately $2.5 billion, with a projected CAGR of over 15% through 2028, reflecting expanding technological adoption.
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Companies Covered
(Covid 19 Impact Covered)
◍ Finisar Corporation
◍ Avago Technologies
◍ JDS Uniphase Corporation
◍ Royal Philips Electronics N.V.
◍ II-VI Incorporated
◍ IQE PLC
◍ Vertilas GmbH
◍ Princeton Optronics
◍ Vixar Inc.
◍ Ultra Communications Inc.
The Vertical-cavity Surface Emitting Laser (VCSEL) market features key players like Finisar, Avago, JDS Uniphase, and Philips, focusing on telecommunications, sensing, and data communication. They drive market growth through innovation in optical technologies.
Notable sales figures include Finisar with approximately $1.88 billion and II-VI around $3.58 billion. Request Sample Report
Market Segmentation
By Application
◍ Data Communications
◍ Infrared Illumination
◍ Sensing ◍ Pumping ◍ GPS ◍ Others
By Product
◍ Single-mode VCSEL ◍ Multimode VCSEL
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Market Growth
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$ X Billion USD
