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VCSEL Market Share

Report ID: GMI4920
Published Date: Jan 2021
Report Format: PDF

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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.

Authors: Suraj Gujar

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.