Pune, India -- (SBWIRE) -- 03/27/2018 -- Global VCSEL Market accounted for USD 954.8 million in 2016 and is projected to grow at a CAGR of 17.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Competitors: Global VCSEL Market

Some of the major players in global VCSEL market include Finisar Corporation, Princeton Optronics, IQE PLC, Koninklijke Philips N.V., VERTILAS GmbH, Lumentum Operations LLC, Vixar Inc., SANTEC CORPORATION, Broadcom, II-VI Incorporated, Mitel Networks Corporation, Infineon Technologies AG, Alero Technology, Inc., Truelight Corporation and Sumitomo Electric Industries Ltd. among others.

Competitive Landscape: Global VCSEL Market

The global VCSEL market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Market Definition: Global VCSEL Market

A vertical cavity surface emitting laser (VCSEL) is a semiconductor based laser diode which transmits an exceedingly optical beam vertically from its upper surface. It can be applied at precision sensing, laser printers, data communication, precision sensing and many more.

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This report consists of below pages:

- No of pages: 350
- No of Figures: 60
- No of Tables: 220

Market Segmentation: Global VCSEL Market

On the basis of material, global VCSEL market is segmented into gallium asrsenide (GAAS), gallium nitride (GAN), indium phosphide (INP) and other.

On the basis application, global VCSEL market is segmented into data communication, infrared illumination, pumping, sensing, industrial heating, emerging application, atomic clocks, GPS and magnetometer. Infrared illumination is sub segmented into camera. Whereas, cameras are further sub segmented into3d camera and security and surveillance camera. Sensing is sub segmented into optical sensor and interference sensor. Optical sensor is further sub segmented into reflective sensor and scattering sensor. Emerging application is further sub segmented into display and high-power application.

On the basis of end user, global VCSEL market is segmented into data centers, automotive, consumer electronics, healthcare and industrial.

On the basis of geography, the global VCSEL market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Major Market Drivers:

Increase in the usage in infrared illumination, data communication
Growing demand for laser based hard disc drives
More power efficient and greater accuracy

Market Restraint:

Restricted data transmission range

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