Vertical Cavity Surface Emitting Laser Market Is Expected to Reach US $4.8 Mn by 2024
The global market for vertical cavity surface emitting laser (VCSELs) is presently fragmented, with Finisar Corp. (U.S.), Broadcom Ltd (Singapore), Lumentum Holdings, Inc., Sumitomo Electric Industries Ltd. (Japan), and II-VI Laser Enterprise GmbH (Switzerland) accounting for under 47.0% in 2015. Transparency Market Research notes that the dynamics of the market have changed over the years owing to a rise in mergers and acquisitions within the industry.
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