Vertical Cavity Surface Emitting Laser (VCSEL) Market - Forecasts from 2019 to 2024

May 2019 | 116 pages | ID: V8F5C1A7B3A0EN
Knowledge Sourcing Intelligence LLP

Abstracts

The Vertical Cavity Surface Emitting Laser (VCSEL) market is projected to grow at a CAGR of 26.26% to reach US$3,830.323 million by 2024, from US$945.455 million in 2018. Vertical cavity surface emitting laser (VCSEL) is the semiconductor-based laser diode which emits an efficient optical beam vertically from the topmost surface. The major factors driving the demand for VCSEL are increasing adoption of these lasers for various applications including data transfer, proximity sensing and for infrared illumination. North America and Europe held a significant market share owing to the rising expenditure on research and development activities and early adoption of technology. The Asia Pacific region will witness impressive growth over the forecast period.

DRIVERS

• Implementation of front 3D imaging feature in the smartphones.
• Growing applications in intelligent and autonomous vehicles.

RESTRAINTS

• Availability of substitute

INDUSTRY UPDATE

• Finisar Corporation expanded its 3D VCSEL production capacity with the opening of its new facility in Sherman, Texas in July 2018.
• In December 2018, TRUMPF acquired Photonics GmbH from Philips – a leader in VCSEL market, enabling them to enter the new market and expand its existing portfolio.

Segmentation

The global VCSEL market has been analyzed through the following segments:

• By Material
• Gallium Arsenide
• Indium Phosphide
• Gallium Nitride
• Others
• By Type
• Single Mode
• Multimode
• By End-User Industry
• Consumer Electronics
• Automotive
• Telecommunication
• Healthcare
• Military and Defense
• Industrial
• By Geography
• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. GLOBAL VCSEL MARKET BY MATERIAL

5.1. Gallium Arsenide
5.2. Indium Phosphide
5.3. Gallium Nitride
5.4. Others

6. GLOBAL VCSEL MARKET BY TYPE

6.1. Single Mode
6.2. Multimode

7. GLOBAL VCSEL MARKET BY END-USER INDUSTRY

7.1. Consumer Electronics
7.2. Automotive
7.3. Telecommunication
7.4. Healthcare
7.5. Military and Defense
7.6. Industrial

8. GLOBAL VCSEL MARKET BY GEOGRAPHY

8.1. North America
  8.1.1. USA
  8.1.2. Canada
  8.1.3. Mexico
8.2. South America
  8.2.1. Brazil
  8.2.2. Argentina
  8.2.3. Others
8.3. Europe
  8.3.1. United Kingdom
  8.3.2. Germany
  8.3.3. France
  8.3.4. Spain
  8.3.5. Others
8.4. Middle East and Africa
  8.4.1. Israel
  8.4.2. Others
8.5. Asia Pacific
  8.5.1. Japan
  8.5.2. China
  8.5.3. India
  8.5.4. South Korea
  8.5.5. Others

9. COMPETITIVE INTELLIGENCE

9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. TRUMPF GmbH + Co. KG
10.2. Vixar, Inc.
10.3. IQE PLC
10.4. AMS AG
10.5. Finisar Corporation
10.6. Broadcom
10.7. VERTILAS GmbH
10.8. Lumentum Operations LLC
10.9. SANTEC Corporation
10.10. II-VI Incorporated
LIST OF FIGURES
LIST OF TABLES