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VCSEL Market Share
- Report ID: GMI4920
- Published Date: Jan 2021
- Report Format: PDF
VCSEL Market Share
Key players operating in the VCSEL market are
- II-VI Incorporated
- Lumentum Operations LLC
- ams AG
- TRUMPF
- Broadcom
- VERTILAS GmbH
- TT Electronics
- OSRAM Opto Semiconductors GmbH
- Leonardo Electronics US, Inc.
Companies are continuously involved in research & development activities and new product innovation to compete against other payers.
Frequently Asked Questions (FAQ) :
The global VCSEL industry size surpassed USD 1 billion in 2020 and is projected to register a 20% CAGR up to 2027.
The annual revenue from the multi-mode segment reached 35% of the total VCSEL industry share in 2020 and will rise at a 17.5% CAGR up to 2027 owing to their higher adoption in TOF, LiDAR, and other high-power applications.
VCSEL uses across the sensing applications contributed to 75% of the industry share in 2020 and is slated to rise at a CAGR of 25% through 2027 with the increasing demand across gesture recognition applications.
The revenue from the Gallium Arsenide segment was 65% of the total market share in 2020 and will strike a CAGR of over 20% up to 2027 driven by the across consumer appliances like televisions and computer display.
The VSCEL industry in North America was over 20% of the global market share in 2020 and will grow with the investments by telecom operators and governments to accelerate 5G network.
VCSEL Market Scope
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